The economic fallout from the current corona pandemic and rising energy and food prices are fueling poverty and social inequality across the world. More than a quarter of a billion people are at risk of falling into extreme poverty by 2022, according to a report released Monday by the Emergency Relief and Relief Agency.
Oxfam development organization.
Before the pandemic, inequality between countries had narrowed. It is currently rising again, with huge external debt making it difficult for many countries to recover. 60 percent of low-income countries are on the verge of defaulting on their debt.
“Governments urgently need to take countermeasures and make corporations and the super-rich socially responsible in order to cushion the fatal effects of mutually reinforcing crises and set the course for a just and common-good economic system,” he says. the Oxfam expert. Manuel Schmitt. Global food prices rose 33.6% last year and are expected to rise another 23% in 2022.
March saw the biggest jump in food prices since United Nations records began in 1990.
Recently, a survey by the Ipsos Institute in Great Britain caused a sensation: according to this, two in three Britons turn off their heating to save costs. More than a quarter of respondents said they skip meals because of their tight budgets. The backdrop is the rapid rise in prices on the island. At 9.0 percent in April, consumer prices rose the most at any time since 1982 and are reinforcing the
social difficulties among the poorest Britons. Oxfam Germany has asked the federal government to take more responsibility for corporations and the very rich. “The wealth tax must be reintroduced and a single tax on very large assets is required.” The income from this should be invested in the worldwide expansion of education, health and social security systems. In addition, the government should support a request to suspend intellectual property rights on Covid-19 vaccines, drugs and diagnostics at the WTO in order to quickly achieve universal coverage.