Archive List for poverty

Lebanon bank customers take legal action after losing life savings

The collapse of Lebanon’s economy has forced some bank customers to take legal action to try and recover their savings. But only a few have been successful. The banks are being accused of shifting their losses to customers by offering cheques worth a fraction of their deposits. Al Jazeera’s Zeina Khodr reports from Beirut, Lebanon. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #Lebanon

Many in US struggle to make ends meet amid inflation crisis

US President Joe Biden is expected to deliver his first State of the Union address on March 1. With inflation soaring to its highest level in 40 years, many blame Biden, even as the US economy is strengthening under his rule. Al Jazeera’s Gabriel Elizondo reports from Union City, New Jersey, where he finds out how people are making ends meet. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #US

Economic crisis pushes Sri Lanka towards bankruptcy

Sri Lankans are feeling the squeeze of an economy under severe strain. Basic goods such as milk and lentils are being rationed, unemployment has risen, and now, the government is making power cuts. Sri Lankans who lived through the economic crisis in the 1970s worry that it will get even worse. Al Jazeera’s Natasha Ghoneim has more. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #SriLanka #Economy

Lebanon public transport workers go on strike

In Lebanon, public transport workers have been on strike as the country struggles with an economic crisis. Drivers have been blocking roads across the capital, Beirut. They are angry over increasing fuel prices and a sharp devaluation of the currency. The crisis has been caused by growing national debt and political deadlock. Al Jazeera’s Zeina Khodr reports from Beirut. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #Lebanon

Pakistanis suffer as inflation rises, economy worsens

The International Monetary Fund earlier this week said it had agreed with Islamabad on measures needed to reive a stalled $6bn funding programme for Pakistan where inflation reached more than 9 percent in October. Pakistanis are struggling to make ends meet as the economy takes a dive. The price of goods has hit a 70-year high and the local currency has weakened against the US dollar. Al Jazeera’s Osama Bin Javaid reports from Islamabad, Pakistan. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #Pakistan

Lebanon crisis: UN rapporteur says government is failing population

Lebanon’s government is failing its people, the United Nations has said. The UN special rapporteur on extreme poverty and human rights, Olivier De Schutter, says the Lebanese government is failing its population. He spent the last two weeks assessing the government’s response to the economic crisis. De Schaffer blamed the authorities for plunging the country into poverty. The World Bank says Lebanon’s economic meltdown is one of the worst in the world. Al Jazeera’s Zeina Khodr reports from Beirut, Lebanon.

Poverty worsens in Argentina as IMF debt repayment looms

Argentina is due to make a payment on its $45bn debt to the International Monetary Fund. But many Argentinians want to see a freeze on repayments as the country suffers a rise in hunger, poverty and rampant inflation. Al Jazeera’s Daniel Schweimler reports from Buenos Aires, Argentina. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #Argentina #Economy

Haiti’s most powerful gang leader talks to Al Jazeera

Al Jazeera has spoken exclusively to Haiti’s most powerful gang leader. Armed groups now run large parts of the country and have filled a power vacuum left by the assassination of President Jovenel Moise in July. Al Jazeera’s Rob Reynolds has more from Port-au-Prince, Haiti. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #Haiti

Lebanon food crisis: Majority of the population skipping meals

The financial crisis in Lebanon is pushing people further into poverty. Nearly a quarter of the population does not have enough food. Al Jazeera’s Sara Khairat reports from the governate of Akkar, Lebanon. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #Lebanon #FoodCrisis

Malaysians in need urged to hang white flags outside homes

A social media campaign in Malaysia is encouraging people who have fallen on hard times to hang a white flag outside their homes. That is to ensure they receive community help with food and paying rent as a COVID-19 lockdown continues indefinitely. But as Al Jazeera’s Florence Looi reports from the capital, the campaign has taken another turn, with people directing their anger towards the government. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/