Poverty News

Washington - The International Monetary Fund came out Wednesday in support of the fight against income inequality, with Fund economists saying income redistribution efforts can strengthen economic growth.Plunging into a debate over the gap between rich and poor tha...

Glasgow - The largest food bank in Scotland, which exists to help feed the poverty stricken, has run out of food. The food bank in Glasgow has been cleaned out because the number of families asking for help has reached record levels.

New York - Inequality and discrimination, particularly towards women, are among the world's biggest obstacles to development, a UN report published Wednesday said.The study, which collected data from 176 countries, stressed that growing inequality may undermine p...

Well, the groundhog spotting its own shadow may be a bummer, as the furry forecaster predicts a long winter, but why not warm up with a cup of hot chocolate at participating vendors in this year's first ever national Hot Chocolate Festival?

Bill Gates has predicted that by 2035 there will be virtually no poor countries in the world. According to information from the World Bank there are officially 35 poor countries in the world today where citizens live with low or no income.

With The New York Times and NBC's "Meet The Press" seeking to tether him to his father's Libertarian positions, Senator Rand Paul (R-KY) defended his cause and his father alike.

The World Economic Forum's annual conference in Davos concluded this weekend during a turbulent period in emerging markets and yielding questions on the impact the WEF is making globally.

London - The welfare system was the pride of post-war Britain, but the reaction to the incendiary reality television programme "Benefits Street" is showing how much times have changed.

President Obama's "promise zones" very much resemble Senator Rand Paul's ideas on "economic freedom zones" the Republican introduced in Detroit in December. Is imitation flattery, as Paul insists?

Paris - French Prime Minister Jean-Marc Ayrault said Thursday that his government will not copy British economic policies as they had created poverty and inequality.