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

Oba Ewuare II Dismisses Iyaloja Role In Benin
Government

Oba Ewuare II Dismisses Iyaloja Role In Benin

October 2, 2025
Is Britain's Fight Against Antisemitism Failing After Manchester Synagogue Attack
Government

Is Britain’s Fight Against Antisemitism Failing After Manchester Synagogue Attack

October 2, 2025
Is China's New 'K Visa' a Direct Challenge to the US H-1B Program?
Government

Is China’s New ‘K Visa’ a Direct Challenge to the US H-1B Program?

October 2, 2025
Next Post
Ganduje Resigns as Zoning War Splits APC

Ganduje Resigns as Zoning War Splits APC

Trump Mega-Bill Advances Toward House Vote

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

What is Trump's New Visa Policy and How is the Tech Industry Reacting?

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

Severe Flooding In Malaysia Displaces Thousands

How Ultra-Processed Foods Contribute to Obesity, Diabetes, and Heart Disease

10 months ago
Paul Onuachu, Close to Joining Southampton for €21m

Paul Onuachu, Close to Joining Southampton for €21m

3 years ago
Governor Dapo Abiodun Offers Condolences to Family of Slain Director Amidst Nigeria’s Escalating Crime Wave

Governor Dapo Abiodun Offers Condolences to Family of Slain Director Amidst Nigeria’s Escalating Crime Wave

2 years ago
Federal High Court Lagos Dismisses Naira Abuse Charge Against Cubana Chief Priest

Federal High Court Lagos Dismisses Naira Abuse Charge Against Cubana Chief Priest

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

Is Britain’s Fight Against Antisemitism Failing After Manchester Synagogue Attack

Is China’s New ‘K Visa’ a Direct Challenge to the US H-1B Program?

BBNaija S10: Here’s Why Fans Are Demanding Faith’s Disqualification

Supreme Court or Nothing: Rivers Emergency Suit Thrown Out

NARD Sounds Alarm as Malnutrition Wipes Out Nigeria’s Next Generation

Investors Dumped U.S. Assets Overnight As Government Shutdown

Trending

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
Business & Finance

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

byEriki Joan Ugunushe
October 3, 2025
0

The Nigerian Naira has been dealt yet another humiliating blow in the black market, as foreign currencies—particularly...

Oba Ewuare II Dismisses Iyaloja Role In Benin

Oba Ewuare II Dismisses Iyaloja Role In Benin

October 2, 2025
Shah Rukh Khan a Billionaire? How the ‘King of Bollywood’ Built His Empire

Shah Rukh Khan a Billionaire? How the ‘King of Bollywood’ Built His Empire

October 2, 2025
Is Britain's Fight Against Antisemitism Failing After Manchester Synagogue Attack

Is Britain’s Fight Against Antisemitism Failing After Manchester Synagogue Attack

October 2, 2025
Is China's New 'K Visa' a Direct Challenge to the US H-1B Program?

Is China’s New ‘K Visa’ a Direct Challenge to the US H-1B Program?

October 2, 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

  • October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
  • Oba Ewuare II Dismisses Iyaloja Role In Benin
  • Shah Rukh Khan a Billionaire? How the ‘King of Bollywood’ Built His Empire

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