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Women lost $800 billion in income

Women lost $800 billion in income

SOPHIA SUN THE COVID-19 crisis cost women around the world $800 billion in lost income in 2020, Oxfam said, as it demanded steps to tackle gender inequality. Women, overrepresented in low-paid, precarious sectors like retail, tourism and food services, lost more than 64 million jobs last year, said the charity, a 5% total loss, compared to a 3.9% loss for men. The pandemic has "dealt a striking blow" to recent gains for women in the workforce, said Oxfam Executive Director Gabriela Bucher, in a written statement. The $800 billion figure, based on International Labor Organisation data, likely underestimates the total…
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Argentine town bears scars of poverty as pandemic sharpens economic crisis

Argentine town bears scars of poverty as pandemic sharpens economic crisis

MIGUEL LOBIANCO and JUAN BUSTAMANTE IN a run-down part of Manzanares, on the outskirts of Buenos Aires, the scars of poverty are clear. People cook with firewood. Some have no electricity, gas or running water. Children play barefoot with old toys next to rudimentary homes. It is a stark reflection of a wider issue gripping Argentina, which a century ago was once of the richest countries in the world. By the end of last year, the poverty level was at 42%, up from 35.5% a year earlier, rising amid the impact of the coronavirus pandemic and three years of recession.…
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