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Tinkering round the edges is not enough
While an astonishing proportion of the world is impoverished, the already unimaginably wealthy keep getting richer. Bold and decisive action is needed, says ROGER McKENZIE

THE last few years have seen hard times for many people across the globe. The cost-of-living crisis is a worldwide phenomenon, but we should remember that for many across the globe the crisis is a permanent way of life.

This is not to diminish the hardship many are now experiencing. I just want to point out that more than being a temporary state of affairs, for large parts of the planet, hardship — or rather the most gut-wrenching forms of poverty imaginable — has been made even worse by the current crisis.

The latest figures from the World Bank say that 9.2 per cent of the planet, some 719 million people live in extreme poverty and survive on less than $2.15 a day.

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