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World Bank: COVID-19 stalls progress against poverty

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As the global COVID-19 total closed in on 36 million cases, the World Bank today warned that COVID-19 is among the factors that could reverse progress in reducing extreme poverty.

And India—the second hardest-hit country—reported some signs of a possible peak.The global total today climbed to 35,980,287 cases, and 1,052,193 people have died from their infections, according to the Johns Hopkins online tracker.Pandemic disruptions tipping more into povertyIn a new report on the status of poverty reduction efforts, the World Bank said extreme poverty has been declining steady for the 25 years that it has been formally tracking the trends.The agency predicted, however, that the increase in poverty between 2019 and 2020 will be the largest it

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