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Rich countries have fallen deplorably de·plor·a·ble  
adj.
1. Worthy of severe condemnation or reproach: a deplorable act of violence.

2.
 short of their U.N. Millennium Development Goals “MDG” redirects here. For other uses, see MDG (disambiguation).

The Millennium Development Goals are eight goals that 192 United Nations member states have agreed to try to achieve by the year 2015.
 to cut global poverty in half by 2015, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 "Paying the Price: Why Rich Countries Must Invest Now in a War on Poverty," a report released by Oxfam in December. In 1970, the United Nations set a target that 0.7 percent of the wealthiest countries' national incomes be set aside for global poverty reduction, lf accomplished, the $120 billion generated could meet the development goals. Only five of the 22 wealthiest nations have met their goal--none of them from the G7 countries. "The world's poorest children are paying for rich countries' polices on aid and debt with their lives," said Oxfam director Barbara Stocking.

45 million * The number of children who will die unnecessarily by 2015 if current giving trends of rich nations continue.

$120 billion * The total amount needed to halve halve  
tr.v. halved, halv·ing, halves
1. To divide (something) into two equal portions or parts.

2. To lessen or reduce by half: halved the recipe to serve two.

3.
 poverty by 2015.

$616 billion * The annual military spending of rich countries.

$1.53 * The amount rich countries spend on foreign aid per person per week, equal to the cost of a cup of coffee.

0.14 * The percent of national income the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  allocated for foreign aid in 2003, equaling one-tenth of U.S. spending in Iraq.

Source: "Paying the Price: Why Rich Countries Must Invest Now in a War on Poverty" (Oxfam International, December 2004).
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Title Annotation:Stats; rich countries fall short in global poverty reduction
Publication:Sojourners
Article Type:Brief Article
Date:Mar 1, 2005
Words:225
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