Broadband internet isn't equally available to LA County's low-income residents, report says
The pandemic proved how crucial it is to be connected to the internet.
Oct 14, 2022
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The pandemic proved how crucial it is to be connected to the internet.
Oct 14, 2022
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As war rages in Ukraine, and Europe thirsts for fuel, the liquified natural gas (LNG) industry along the US Gulf Coast is preparing to expand—a distressing development to some nearby neighbors.
Oct 9, 2022
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Lower-income Americans now have more options for free high-speed internet access, including at least eight providers that serve Southern California, the White House announced Monday.
May 12, 2022
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The Biden administration announced on Monday that 20 internet companies have agreed to provide discounted service to people with low incomes, a program that could effectively make tens of millions of households eligible for ...
May 9, 2022
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The share of global wealth of the world's richest people soared at a record pace during the COVID pandemic, a report on inequality showed Tuesday.
Dec 7, 2021
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Thirty years ago, ending energy poverty wasn't among the world's development goals. Neither the 1992 Rio Declaration on Environment and Development nor the Millennium Development Goals 2000–2015 placed it on the agenda.
Nov 9, 2021
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Trying to figure out how the stock markets work? These days you're as likely to turn to a social media influencer for advice as a financial adviser dressed in a suit.
Nov 4, 2021
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Countries that invest more in renewable energy enjoy greater economic growth and lower levels of income inequality, a new study from academics at the University of Sussex Business School and the University of Portsmouth has ...
Jul 2, 2021
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Around the world, many countries measure energy poverty by looking at income. They define energy poverty in terms of how much of a household's budget is used up by energy consumption. For example, if a household spends more ...
Feb 15, 2021
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IIASA researchers have developed a novel measurement framework to track energy poverty that better aligns with the services people lack rather than capturing the mere absence of physical connections to a source of electricity. ...
Sep 21, 2020
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Poverty is the state of one who lacks a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter. About 1.7 billion people are estimated to live in absolute poverty today. Relative poverty refers to lacking a usual or socially acceptable level of resources or income as compared with others within a society or country.
For most of history poverty had been mostly accepted as inevitable as traditional modes of production were insufficient to give an entire population a comfortable standard of living. After the industrial revolution, mass production in factories made wealth increasingly more inexpensive and accessible. Of more importance is the modernization of agriculture, such as fertilizers, in order to provide enough yield to feed the population.
The supply of basic needs can be restricted by constraints on government services such as corruption, debt and loan conditionalities and by the brain drain of health care and educational professionals. Strategies of increasing income to make basic needs more affordable typically include welfare, accommodating business regulations and providing financial services. Today, poverty reduction is a major goal and issue for many international organizations such as the United Nations and the World Bank.
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