(FOX NEWS) — Oxfam, the international alliance of organizations working to end global poverty warning of massive numbers thrown into it, from the coronavirus.
Oxfam saying in a new report that about half a billion people worldwide could be plunged into poverty because of the devastation from the COVID-19 virus.
The report citing shrinking household incomes or consumption.
Factors include an inability to stockpile resources.
Oxfam says the economic crisis is worse than the 2008 global financial crisis adding global poverty could increase for the first time since 1990.
More from MyHighPlains.com:
- How long does coronavirus live on surfaces?
- How are relationships weathering coronavirus
- Hundreds claim Jeffrey Epstein was their father
- Tulsa police hunt for missing kids, 3 and 2; mother arrested
- Missing Oklahoma 9-year-old boy found dead