UN chief: 1.2 billion live on less than USD 1.25 a day

October 18, 2014

United Nations, Oct 18: More than 1.2 billion people are living on less than USD 1.25 a day and 2.4 billion are living on less than USD 2 a day, UN Secretary-General Ban Ki-moon said.

Poverty
He told the UN observance of the International Day for the Eradication of Poverty that at least 700 million people were lifted out of extreme poverty between 1990 and 2010 and he is determined to help UN make "poverty history."

Since the beginning of the financial crisis in 2008, Ban said inequality has grown more pronounced and discrimination against women and girls remains "a blatant injustice." He warned that "entrenched poverty and prejudice and vast gulfs between wealth and destitution, can undermine the fabric of societies and lead to instability."

The UN chief yesterday pointed to the Ebola crisis in West Africa, saying the disease is not only threatening health but economic progress and the inroads against poverty being made in the three hardest-hit countries, Liberia, Sierra Leone and Guinea.

The observance coincided with the release of a UN report by international experts on financing sustainable development which cited research from the Brookings Institution showing that about USD 66 billion is needed annually to increase incomes of the poorest to USD 1.25 a day.

Finnish Ambassador Pertti Majanen, co-chair of the experts committee, said that government aid to developing countries is about double that amount.

The experts said trillions of dollars a year are needed to finance development that preserves the environment. Annual global savings of USD 22 trillion are sufficient to pay for such things as renewable energy and measures to mitigate climate change, the experts said.

The challenge, they said, is for countries to promote financial systems that give incentives to reallocating a percentage of savings to development programs, including combatting climate change.

Majanen told a news conference that institutional investors' assets today are USD 80-90 trillion, and only a very small percentage is used for development efforts. He said a better dialogue with the private sector could open "huge possibilities" for greener investments to promote development.

But Majanen warned that "if the Ebola situation will really be exploding and becoming a ... big problem all over the world, getting universal," financing for sustainable development can be severely affected.

"This money I'm discussing, a very big portion of it will be needed for some other purposes there is no choice," Majanen said. "We have to look into the priorities every day and try to select the right priorities, but Ebola will really change the picture."

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News Network
December 15,2025

Mangaluru, Dec 15: Educational institutions in Mangaluru that rely on the popular Mangala Stadium for their annual sports events are bracing for an inconvenience as the city's key sporting venue is set to close its gates for a significant upgrade. The stadium is expected to be unavailable for approximately two months starting from January 15, 2026.

The closure is necessitated by a proposed overhaul of the stadium's facilities, with a special focus on upgrading the synthetic track. Pradeep Dsouza, Assistant Director of the District of Youth Empowerment and Sports (DYES), Dakshina Kannada, confirmed the development.

"Experts have visited the stadium, conducted a thorough inspection, and have given the go-ahead for a complete makeover," Dsouza stated. "Funds have been allocated for the project, and we are currently awaiting the final green signal from state officials to commence the work. We anticipate that the work will likely begin in the second week of January. Consequently, we have stopped renting out the stadium to colleges and other organizations in preparation for the upgrade."

The timing presents a logistical challenge for colleges, as many schools have already concluded their sports meets.

"Colleges will now be organizing their events and will need to find alternative locations to host their sports meets," Dsouza added. He suggested a few potential venues, including the Dakshina Kannada police ground, University College grounds, Panambur grounds, Swaraj Maidan in Moodbidri, and the Mangalore University sports grounds in Konaje.

However, many institutions note that finding a comparable venue will be difficult. While the DK police ground and University College grounds are closer to the city center, they do not possess the extensive facilities and infrastructure offered by Mangala Stadium.

Dr. P Dayananda Pai - P Satisha Govt First Grade College, Carstreet, is one such institution dependent on the stadium. Principal Jayakar Bhandary expressed hope for a swift completion of the work. "We expect the work to be completed at the earliest. If not, we will be forced to look for other venues to host the sports day for our students," Bhandary said, highlighting the pressing need for the city's main sporting facility.

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News Network
December 19,2025

Mangaluru: The Mangaluru CEN police have arrested a 23-year-old man for allegedly posting provocative and misleading content on an Instagram page named “mr_a_titude”, targeting the Bajpe police.

Mangaluru Commissioner of Police Sudheer Kumar Reddy C H identified the arrested as Abhishek M, a resident of Katipalla in Mangaluru.

A case has been registered at the Bajpe Police Station under Sections 353(1)(c), 353(2), 56, and 57 read with Section 189 of the Bharatiya Nyaya Sanhita (BNS) in connection with the post.

According to police, the accused uploaded a photograph of a hotel on the Instagram page and alleged that accused persons in a murder case under the Bajpe police jurisdiction were being given “royal treatment” by the police, including being served beef meals daily from the hotel.

The post further accused the police of supporting criminals, misusing their authority, and betraying public trust. Police said the content was provocative in nature and aimed at inciting public outrage against the police.

Following the post, a case was registered at the Bajpe police station, and further investigation was transferred to the CEN police station.

Police records indicate that the accused has a criminal history, with multiple cases registered against him, including murder, attempt to murder, assault, and robbery at the Surathkal Police Station, and one case at the Kaup Police Station.

The Commissioner said the accused was traced and arrested using technical evidence.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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