08 August 2014 0 8K Report

About 0.13% of the world’s population control 25% of the world’s financial assets.  The GDP (Gross Domestic Product) of the 41 Heavily Indebted Poor Countries (567 million people) is less than the wealth of the world’s 7 richest people combined. The wealthiest nation on Earth has the widest gap between rich and poor of any industrialized nation. The poorer the country, the more likely it is that debt repayments are being extracted directly from people who neither contracted the loans nor received any of the money. Approximately 790 million people in the developing world are still chronically undernourished, almost two-thirds of whom reside in Asia and the Pacific. Worldwide,  2.2 million children die each year because they are not immunized, 15 million children orphaned due to HIV/AIDS (similar to the total children population in Germany or United Kingdom). 1.4 million die each year from lack of access to safe drinking water and adequate sanitation. Less than one per cent of what the world spent every year on weapons was needed to put every child into school by the year 2000 and yet it didn’t happen. The poorest 40 percent of the world’s population accounts for 5 percent of global income. The richest 20 percent accounts for three-quarters of world income.80% of humanity lives on less than $10 a day. What can be done to remove the inequalities in healthcare? 

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