
Global Poverty Fight Stalls as 811 Million Keep Struggling
Global extreme poverty has fallen from 60% in 1950 to 10%, but progress has stalled since 2019, with Sub-Saharan Africa now bearing the burden and 2050 targets at risk.
Wednesday, 30 September 2026
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Global extreme poverty has fallen from 60% in 1950 to 10%, but progress has stalled since 2019, with Sub-Saharan Africa now bearing the burden and 2050 targets at risk.
Social protection spending in OECD and EU nations has climbed to 23 percent of GDP, a level that the OECD characterises as structurally unsustainable unless substantial reforms are made to the financing of welfare systems.

Global tanker exports hit a record $14.1B in Q2 2026, doubling year-on-year, as China's 201% surge and South Korea's record $5.1B tighten their 82% market duopoly.
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