The 17th of october is officially International day for the Eradication of Poverty – launched in 1987 by ATD Fourth world and adopted by the United Nations - UN in 1992. It’s traditionally a day of engagement by the public to put pressure on decision makers, and build momentum for further campaigning on global poverty and injustice. This year, around 100 countries and GCAP national coalitions around the world will be joining with others taking action under the unifying theme of “Stand Up and Take Action”.
Income inequality, which grew dramatically in most regions of the world, is expected to further increase due to the current global financial crisis, a new study by the research arm of the International Labour Organization (ILO) said Thursday. In a report, "World of Work Report 2008: Income inequalities in the age of financial globalization", the ILO's International Institute for Labour Studies also noted that a major share of the cost of the financial and economic crisis will be borne by hundreds of millions of people who haven't shared in the benefits of recent growth. Inesc reproduces this article published by Third World Network