‘Financial tsunami’ could mean extra 90 million people in poverty by end of 2010

The world’s progress towards the Millennium Development Goals could be pushed back by at least three years by what he termed the ‘financial tsunami’ sweeping across the world, the UK’s international development secretary warned last month. Speaking at a conference in London, Douglas Alexander unveiled research from the Department for International Development predicting that another 90 million people will be pushed into poverty by the end of next year.

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