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Bono ignites TED 2013 urging audience to become ‘factivists’ in war on extreme poverty and corruption

Rock star Bono embraced his inner nerd on Tuesday as he made a case that extreme poverty could be eliminated by the year 2030 with the help of technology. “Forget the rock opera, forget the bombast,” Bono told a rapt audience at a prestigious TED gathering in Southern California. “The…

Number of poor people in developing countries dropped to record low levels: study

The number of poor people in developing countries dropped to record low levels between 2005 and 2008, the World Bank said in a report out Wednesday. “This across-the-board reduction… marks a first since the bank began monitoring extreme poverty,” the global institution said. The study, based on some 850 household…

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