As we noted in February, when the politicians launched the COVID War and the media promoted it, it would cost trillions and kill millions… and, as with their other wars, they would not have an exit strategy. Indeed, as we note in this and other issues of the Trends Journal, they are ramping up their war.
And as with their legions of war crimes launched throughout history, those who suffer the most are those who have the least.
The World Bank Group-UNICEF said last week about 1 in 6 children globally lived in extreme poverty before the coronavirus outbreak and number is expected to rise significantly.
The statement, released last Wednesday, said about 356 million children lived in extreme poverty, which translates to less than $1.90 a day or less per person in a household. The statement said South Asia accounts for about a fifth of these cases.
The analysis said there has been a decrease in extreme poverty from 2013 to 2017, but officials worry the virus outbreak and negative economic effects are only “set to make matters far worse.”
Children below the age of five are most at risk for extreme poverty.
Carolina Sánchez-Páramo, Global Director of Poverty and Equity for the World Bank, said the high number of children in extreme poverty before the outbreak is concerning.
“In the wake of the massive economic disruption caused by the pandemic, it is more crucial than ever that governments support poor households with children now and rebuild their human capital during the recovery,” she said in the statement.
