111715929_farmlabourersThe economic fallout from coronavirus could increase global poverty by up to half a billion, Oxfam has warned.

Using research by the Australian National University (ANU) and Kings College, London, the charity says it will be the first time poverty has risen globally in 30 years.

“The economic crisis is potentially going to be even more severe than the health crisis,” said the report.

It estimates a 400-600 million rise in poverty numbers globally……more