Category: poverty
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Israel has second highest poverty rate in OECD
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In Israel in 2023, there were 1.98 million Israelis living below the poverty line, as defined by the National Insurance Institute, according to the OECD’s Poverty and Social Gaps Index published today. The poverty rate in Israel decreased very slightly from 20.8% in 2022 to 20.7% in 2023. Relative poverty…
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Bhutan – Another Country Using Bitcoin To Escape Poverty
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Having invested in startups for over twenty years, I have a deep respect for entrepreneurs trying to build a company. It’s very difficult. Most of the time, it doesn’t work. Of course, developing an entire country is more difficult. Many leaders in developing countries don’t even try. They are exploiting…
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Anglican Church says new taxes to push more Kenyans into poverty
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Anglican Archbishop of Jackson Ollie Sabet has petitioned Parliament to abolish punitive taxes that directly affect the poor and vulnerable. He told the National Assembly’s Finance and Planning Committee that the proposed taxation would disproportionately affect those with the least ability to pay. Mr. Oli Sabit appealed to the committee…
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Ex-offenders “neglected” in the workplace due to lack of digital skills, warns Digital Poverty Alliance
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With current high reoffending rates, prison leavers face neglect when seeking to reintegrate into society due to insufficient digital skills, according to the Digital Poverty Alliance (DPA). Government statistics It reveals that the recidivism rate is currently 26 per cent, and has increased since 2021. The DPA believes that schemes…