The impact of COVID-19 on poverty and global inequality | DW News

The coronavirus pandemic has also become an inequality pandemic. Never before have we seen such a simultaneous increase in the gulf between the haves and the have-nots around the world. The virus has exposed, fed off and increased existing inequalities of wealth, gender and race. Hundreds of millions of people are being forced into poverty, while the richest – both individuals and corporations – are getting even richer thanks to soaring stock prices. The crisis has exposed the inability of our deeply unequal economy to work for all. At the same time it's revealed the vital importance of government action to protect our health and livelihoods. Subscribe: https://www.youtube.com/user/deutsche... For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Facebook:   / deutschewellenews   ►Twitter:   / dwnews   ►Instagram:   / dwnews   Für Videos in deutscher Sprache besuchen Sie:    / dwdeutsch   #COVID19 #pandemic #poverty