Leaders Spotlight Gap Between Rich, Poor
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The leaders of France and Brazil on Monday warned that poverty leads to violence and urged the international community to find ways to narrow the gap between rich and poor, casting a spotlight on the more than 1 billion people living on less than &#36;1 per day.
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Some 1.3 million Americans slid into  poverty in 2003 as the ranks of the poor rose 4 percent to 35.9  million, with children and blacks worse off than most, the U.S.  government said on Thursday in a report sure to fuel Democratic  criticism of President Bush.
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The global wealth boom has created a new breed of billionaire in once-destitute countries, and a number of them are using their wealth to push for social changes.
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The poor could have a harder time moving up the income ladder as the higher education gap widens, a report said.
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Wealthy countries need to do much more to fight global poverty, the international aid agency Oxfam says.
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Children from poorer homes are up to a year behind their more privileged peers by the age of three.
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Africans are fast embracing  technology as a driver of economic growth but prohibitive costs  mean they will lag behind wealthier countries for many years, a  leaders forum in South Africa heard this week.
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Dozens of world leaders appealed at UN headquarters on Monday for an international initiative to ensure the poor can join the wealthy in sharing in the benefits of a global economy.
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In successive appeals to some of the world's business and political elites, Britain's Tony Blair and Jacques Chirac of France called for a concerted international effort to stem the twin ravages of disease and poverty hobbling the poorest nations.
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By some measures, fewer people are managing to stay in the middle class.
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NEW YORK, Dec. 7 -- Despite an intensified campaign against poverty, World Bank programs have failed to lift incomes in many poor countries over the past decade, leaving tens of millions of people suffering stagnating and even declining living standards, according to a report released Thursday by...
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WASHINGTON, Feb. 6  â Bolstering education and training, rather than erecting trade barriers, would help narrow the economic gap between low- and high-income workers, the Federal Reserve chairman, Ben S. Bernanke, said Tuesday.
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Mexico has some of the highest and the lowest standards of living in the world, such is the extent of the gap between rich and poor, a UN report says.
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Income inequality is near record levels in many countries, and the worldÂs wealth has become even more narrowly concentrated than income.
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NEW YORK, Dec. 7 -- Despite an intensified campaign against poverty, World Bank programs have failed to lift incomes in many poor countries over the past decade, leaving tens of millions of people suffering stagnating or declining living standards, according to a report released Thursday by the...
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Corruption, rural issues and the rich-poor divide topped the list of priorities for some delegates to the opening session of China's annual meeting of parliament on Monday.
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A global fund designed to shrink the technology gap between rich and poor is to be launched in November.