Good news: global poverty is decreasing.

For the first time since records on poverty began, the number of people living in extreme poverty has fallen in every developing region, including sub-Saharan Africa. Preliminary estimates indicate that the proportion of people living on less than $1.25 per day fell in 2010 to less than half the 1990 rate and during the same period over two billion people gained access to improved drinking water sources. The share of slum dwellers in urban areas declined from 39 per cent in 2000 to 33 per cent in 2012, improving the lives of at least 100 million people.

Source: UN Department of Economic and Social Affairs.

Won’t stop the likes of Oxfam criticising the very people who create the wealth that’s eradicating poverty, though.

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