More than 200 years needed to end global poverty: Report

Poverty is a massive issue across the globe and recent data from a report by Oxfam reveals that it will take nearly 230 years to eradicate it.

Poverty is a massive issue across the globe and recent data from a report by Oxfam reveals that it will take nearly 230 years to eradicate it.

As per the report, the world's five wealthiest individuals have doubled their fortunes since 2020, while nearly five billion people worldwide have slipped further into poverty.

This makes it a difficult task to eradicate poverty within the next 230 years if current trends continue. The concentration of corporate ownership in the hands of the super-rich is a global concern.