Coronavirus could push 50 crore people into poverty: Oxfam

The fallout from the coronavirus spread could push around half a billion people into poverty, a report by Nairobi-based charity Oxfam said. "The...global poverty could increase for the first time since 1990," it added. Under the most serious scenario, the number of people living in extreme poverty would rise by 43.4 crore people to nearly 120 crore worldwide, it said.