Estimates of the Impact of COVID-19 on global poverty

New research published by UNU-WIDER  warns that the economic fallout from the global pandemic could increase global poverty by as much as half a billion people, or 8% of the total human population. This would be the first time that poverty has increased globally in thirty years, since 1990. The authors of the UNU-WIDER study – Andy Sumner and Eduardo Ortiz-Juarez […]

COVID-19: Stepping up EU’s response to alleviate the effects of the crisis

MEPs adopted additional measures so that EU funding can be granted immediately and with exceptional flexibility to combat the COVID-19 pandemic. In Friday’s extraordinary plenary session, the European Parliament endorsed the “Corona Response Investment Initiative Plus” (CRII+) package proposed by the European Commission on 2 April by means of an urgency procedure. Amongst the approved […]