THE UN SUMMIT HELD IN NEW YORK CITY EMPHASIZED ITS GOAL AIMED AT POVERTY REDUCTION IN THE WORLD.

The UN (United Nations) summit held today in New York city that focused its goal on poverty reduction in both the developed and the developing countries in the world coincided with reports on the increasing poverty rate in many USA States, particularly the Southern States in the USA. Kanzlerin Angela Merkel of Germany expressed her country's concern and contribution aimed at poverty reduction in the world. (0.7%) zero point seven percent of Germany's social budget expenditure would be contributed to the course aimed at poverty reduction in the world. However, this percentage in the amounts estimated in billions of dollars over several years may be much under Germany's current budget deficit and debt crisis problem.

Written by Godfrey Ohia.