Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Government

Poverty Grows as Conflict Zones Swallow the World

Eriki Joan UgunushebyEriki Joan Ugunushe
June 27, 2025
in Government
0
Poverty Grows as Conflict Zones Swallow the World
Share on FacebookShare on TwitterShare on Whatsapp

Conflicts are now the biggest engine driving global poverty, the World Bank said in a new report released Friday. The report reveals that the number of people living in extreme poverty in conflict-hit countries has tripled since the early 2000s.

In 2024 alone, 421 million people are living on less than $3 per day in areas affected by violence or instability. That number is expected to grow to 435 million by 2030 if current trends continue.

Table of Contents

Toggle
  • Poverty Grows as Conflict Zones Widen
  • Poverty Grows as Growth Stops
  • Poverty Grows as Conflict Zones Widen
  • Poverty Grows as Growth Stops
  • Poverty Grows Despite Natural Wealth
  • Poverty Grows Where Conflict Stays

Poverty Grows as Conflict Zones Widen

According to the report, many conflict-affected economies are stuck in long-term crises. Over half of the countries facing instability today have remained in conflict for more than 15 years, said World Bank Group Chief Economist Indermit Gill.

“The world is watching Ukraine and the Middle East,” he noted. “But long-running conflicts in Africa and other parts of the world are just as severe.”

Poverty Grows as Conflict Zones Swallow the World
Poverty Grows as Growth Stops

Conflicts are now the biggest engine driving global poverty, the World Bank said in a new report released Friday. The report reveals that the number of people living in extreme poverty in conflict-hit countries has tripled since the early 2000s.

In 2024 alone, 421 million people are living on less than $3 per day in areas affected by violence or instability. That number is expected to grow to 435 million by 2030 if current trends continue.

Poverty Grows as Conflict Zones Widen

According to the report, many conflict-affected economies are stuck in long-term crises. Over half of the countries facing instability today have remained in conflict for more than 15 years, said World Bank Group Chief Economist Indermit Gill.

“The world is watching Ukraine and the Middle East,” he noted. “But long-running conflicts in Africa and other parts of the world are just as severe.”

Poverty Grows as Growth Stops

The deputy chief economist, Ayhan Kose, said conflict kills more than just people—it destroys entire economies.

“Economic stagnation — rather than growth — has been the norm in these places,” he explained. After five years of conflict, a country’s GDP per capita typically drops by 20%.

This decline hits basic services, jobs, and food security—making escape from poverty nearly impossible.

Poverty Grows Despite Natural Wealth

The Bank noted that countries like Zimbabwe, Mozambique, and DR Congo have major reserves of lithium and cobalt—minerals needed for electric cars and solar panels. Yet poverty grows because these resources are trapped in war zones.

Even with clean energy demand rising, these nations can’t profit without peace. Their people remain hungry, displaced, and stuck in economic limbo.

Poverty Grows Where Conflict Stays

The World Bank’s report leaves no room for doubt: poverty grows where conflict stays. Without long-term peace, no amount of aid or natural wealth can fix the growing crisis.

Unless wars end, more people will fall below the poverty line, while the world keeps watching from a distance.

Tags: Conflict Zonesfederal charactergovernmentNewsNigeriapoverty
Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

Related Posts

Why Hawaii Is Not Part Of NATO
Government

Why Hawaii Is Not Part Of NATO

October 23, 2025
The Sound of Resistance: Plastic Whistles Become an Unlikely Anti-ICE Tool in Chicago
Government

The Sound of Resistance: Plastic Whistles Become an Unlikely Anti-ICE Tool in Chicago

October 23, 2025
Release Sowore or Face Mass Protests, Tinubu Government IS Warned
Government

Release Sowore or Face Mass Protests, Tinubu Government IS Warned

October 23, 2025
Next Post
Ganduje Resigns as Zoning War Splits APC

Ganduje Resigns as Zoning War Splits APC

Trump’s Drug War Turns Bloody: Colombia Accuses U.S. of Murder

Trump Claims He Saved Iran’s Khamenei, Threatens More Bombing

Trump's Tariff Retreat: Concedes 100% China Levies 'Not Sustainable' Ahead of Xi Talks

Trump Cuts Trade Talks with Canada Over Tech Taxes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Tems Celebrates Grammy Win, Credits Seyi Sodimu’s Influence

Tems Celebrates Grammy Win, Credits Seyi Sodimu’s Influence

9 months ago
Family Feuds Erupt After Mohbad’s Death: Who Can Be Trusted with the Late Singer’s Legacy?

Family Feuds Erupt After Mohbad’s Death: Who Can Be Trusted with the Late Singer’s Legacy?

2 years ago
Govt Lifts 5-Year Mining Ban in Zamfara

Govt Lifts 5-Year Mining Ban in Zamfara

10 months ago
King Charles’ Visit to Canberra Marred by Australian Senator’s Jibe

King Charles’ Visit to Canberra Marred by Australian Senator’s Jibe

1 year ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Baltimore City Police Who Stole $215k Retains Pension

APC’s New Apostle: Amupitan Says God Sent Him to Fix Elections

Dangote Group Disowns Killer Truck in Ondo Crash

Messi has commit to Miami signing a new contract extension till 2028

Why Making Music in Nigeria is Expensive — Bella Shmurda Speaks

Nnamdi Kanu Fires Legal Team in Open Court, Vows to Defend Himself

Trending

Why Hawaii Is Not Part Of NATO
Government

Why Hawaii Is Not Part Of NATO

byEriki Joan Ugunushe
October 23, 2025
0

It sounds strange that Hawaii, a proud US state and home to one of the world’s most...

The Sound of Resistance: Plastic Whistles Become an Unlikely Anti-ICE Tool in Chicago

The Sound of Resistance: Plastic Whistles Become an Unlikely Anti-ICE Tool in Chicago

October 23, 2025
Release Sowore or Face Mass Protests, Tinubu Government IS Warned

Release Sowore or Face Mass Protests, Tinubu Government IS Warned

October 23, 2025
Baltimore City Police Who Stole $215k Retains Pension

Baltimore City Police Who Stole $215k Retains Pension

October 23, 2025
APC’s New Apostle: Amupitan Says God Sent Him to Fix Elections

APC’s New Apostle: Amupitan Says God Sent Him to Fix Elections

October 23, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Why Hawaii Is Not Part Of NATO
  • The Sound of Resistance: Plastic Whistles Become an Unlikely Anti-ICE Tool in Chicago
  • Release Sowore or Face Mass Protests, Tinubu Government IS Warned

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com