Word: poore
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...points out that the recurring refrain on the Day of Atonement, when Jews itemize their sins, is that "repentance, prayer and charity can annul" God's harshest judgment. Charity, he notes, can come even from those hit hard by economic blight: "There's a belief that charity from a poor person might be more meaningful than a grand gesture from the wealthy." Imam Ali cites a hadith (a saying of the Muslim prophet) in which Mohammed, in the face of persecution, prays to God, both admitting that his troubles may result from his own mistakes and asking him to "forgive...
American humorist Josh Billings once said, "Remember the poor, it costs nothing." The quip sounds close to the apparent sentiment among G-7 economic policymakers who met in Washington over the weekend to craft measures aimed at bailing out Western banks amid the global financial crisis...
...vowed to deliver financial relief to any developing country facing an emergency. The World Bank says it has roughly $27 billion ready to offer in loans through the International Bank for Development and Reconstruction. But with a global recession looming, no coordinated plan addressing the needs of poor nations is being discussed. "People are starting to worry a little bit that some of these emerging market countries are the ones that are left out," says Ben Carliner, director of research at the Economic Strategy Institute, a think tank in Washington...
...declined recently, they remain at unusually high levels. Justin Lin, chief economist at the World Bank, says his organization is preparing lending programs to help ease the burden of high food and fuel costs for developing countries. "They still need to have the support, in order to protect the poor," Lin says. But it's unclear how widely available such programs will...
...Poor infrastructure as a result of poor governance made the health care situation worse, thus restarting the cycle...