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Report: Extreme Poverty Declining Worldwide

The world is making progress in its efforts to lift people out of extreme poverty, but the global aspiration of eliminating such poverty by 2030 is unattainable, a new report found. A World Bank report released Wednesday says the number of people living on less than $1.90 per day fell to a record low of 736 million, or 10 percent of the world’s population, in 2015, the latest year for which data is available. The figure was less than the 11 percent recorded in 2013, showing slow but...

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