poverty – Page 11 – Desdemona Despair

Estimated economic impacts of unmitigated climate change on seven geographical regions in the United States. Over the next 50 years, climate change-induced economic losses in the U.S. could total approximately $14.5 trillion in present-value terms. Graphic: Deloitte

February 7, 2022

Climate change-induced losses in the U.S. could total $14.5 trillion by 2070 – “In a climate-damaged world of 2070, the U.S. could lose nearly 4 percent of GDP in that year alone”

By Rachel Koning Beals 26 January 2022 (MarketWatch) – Definitive and deliberate climate action from Wall Street to Washington and beyond could deliver a $3 trillion gain to the U.S. economy over the next 50 years to 2070. But it’s the toll of inaction that would cost the nation nearly five times that amount, a […]

Annual synthetic opioid mortality in the United States, 2000-2020. Data: CDC. Graphic: Families Against Fentanyl

January 23, 2022

“The deadliest drug we’ve ever known”: author Sam Quinones on how fentanyl and meth saturated the U.S.

By Erin McCormick 23 January 2022 (The Guardian) – For the last nine years, Sam Quinones has been studying the changing face of drug use, sales, and addiction in the United States. In his new book, The Least of Us: True Tales of America and Hope in the Time of Fentanyl and Meth, he tracks […]

Infographic showing statistics from Oxfam’s annual inequality report, “Inequality Kills”, which in 2021 found that inequality is contributing to the death of at least 21,000 people each day, or one person every four seconds. Meanwhile, a new billionaire is created every 26 hours. Graphic: Oxfam

January 19, 2022

Oxfam report: Inequality Kills – Inequality contributes to the death of at least one person every four seconds, while a new billionaire is created every 26 hours

By Elizabeth Endara 17 January 2022 (Oxfam) – Ahead of the Davos Agenda—the World Economic Forum’s virtual State of the World sessions—Oxfam released our annual inequality report, Inequality Kills, which found that inequality is contributing to the death of at least 21,000 people each day, or one person every four seconds. Meanwhile, a new billionaire is […]

Deaths from overdoses, alcohol use, or suicide in Washington state, 2015-2020. Nearly 3,900 Washingtonians died from “deaths of despair” in 2020, an increase of almost 600 since 2019. Graphic: Mark Nowlin / The Seattle Times

January 11, 2022

“Deaths of despair” spiked in Washington state in 2020, exceeding deaths from COVID-19

By Gene Balk 10 January 2022 (Seattle Times) – They’ve come to be known as “deaths of despair” — fatalities from drug overdoses, alcohol use, and suicide. Research has shown they’ve been on the rise for decades in the United States and have contributed to the decline in life expectancy over the last few years. Since the […]

Gwendolyn, 2, stands in the house her family has already started rebuilding on 20 December 2021 after Super Typhoon Rai/Odette destroyed homes in Barangay Fatima, Purok 1 in Ubay, Bohol, Philippines. Almost all of the houses near the shore in this area were completely destroyed by Typhoon Rai/Odette. Photo: Hogsholt/ UNICEF / UN0570018

January 1, 2022

Filipino children affected by Typhoon Rai face uncertain New Year in 2022 – 846,000 children need help after typhoon destroyed their homes

31 December 2021 (UNICEF) – As Filipino families gather this New Year’s Eve to welcome 2022, there are 846,000 children who need help after Typhoon Rai/Odette destroyed their homes. A more infectious strain of COVID-19 and continued heavy rainfall over typhoon-affected areas pose an additional danger and can further slow down aid efforts. Working with […]

Aerial view of flattened homes after Typhoon Rai hit Surigao City, southern Philippines on 16 December 2021. Photo: Jilson Tiu / AP

December 24, 2021

Super Typhoon Rai leaves trail of destruction in Philippines – Desperation grows for 400,000 people – “Red Cross emergency teams are reporting complete carnage in the coastal areas. Homes, hospitals, school, and community buildings have been ripped to shreds.”

By Matt Hills 23 December 2021 (The Guardian) – Typhoon Rai has devastated the Philippines, killing at least 375 people, and causing damage in excess of $500m (£375m). The system developed on 13 December, tracked westwards across the Philippines on the 16th and 17th, before crossing the South China Sea on the 18th. Rai reached […]

Debt as percentage of GDP in emerging market and developing economies (EMDEs), 1970-2020. COVID-19 pushed debt in developing economies to the highest level in more than 50 years. By the end of 2020, private debt in EMDEs reached a record 142 percent of GDP. Graphic: World Bank

December 24, 2021

World Bank’s 2021 Year in Review in 11 Charts: The Inequality Pandemic

By Venkat Gopalakrishnan, Divyanshi Wadhwa, Sara Haddad, and Paul Blake 21 December 2021 (World Bank) – From uneven economic recovery to unequal access to vaccines; from widening income losses to divergence in learning, COVID-19 has had a disproportionate impact on the poor and vulnerable in 2021. It is causing reversals in development and is dealing a […]

Map showing the near-surface air temperature differences from the 1981-2010 average for January to September 2021. Data are from the ERA5 reanalysis product. Graphic: C3S / ECMWF

December 12, 2021

State of the Climate in 2021: Past seven years are on track to be the seven warmest on record – “Extreme events are the new norm”

GENEVA, 31 October 2021 (WMO) – Record atmospheric greenhouse gas concentrations and associated accumulated heat have propelled the planet into uncharted territory, with far-reaching repercussions for current and future generations, according to the World Meteorological Organization (WMO). The past seven years are on track to be the seven warmest on record, according to the provisional WMO […]

Average annual global wealth growth rate, 1995-2021. Graph: World Inequality Lab

December 12, 2021

Global wealth inequalities are close to early 20th century levels, at the peak of Western imperialism – “The share of income presently captured by the poorest half of the world’s people is about half what it was in 1820”

8 December 2021 (World Inequality Lab) – […] An average adult individual earns PPP €16,700 (PPP USD23,380) per year in 2021, and the average adult owns €72,900 (USD102,600). These averages mask wide disparities both between and within countries. The richest 10% of the global population currently takes 52% of global income, whereas the poorest half […]

Percentage of wealth held by top 1 percent and middle 60 percent of U.S. earners, 1989-2020. After years of declines, America’s middle class now holds a smaller share of U.S. wealth than the top one percent. Data: Federal Reserve. Graphic: Bloomberg

October 10, 2021

Top one percent of U.S. earners now hold more wealth than all the middle class

By Alex Tanzi and Mike Dorning 8 October 2021 (Bloomberg) – After years of declines, America’s middle class now holds a smaller share of U.S. wealth than the top 1%. The middle 60% of U.S. households by income — a measure economists often use as a definition of the middle class — saw their combined […]