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Graphic Truth: Food insecurity spikes
Hunger and poverty are on the rise in both the United States and Canada, with food insecurity levels spiking dramatically in 2023 as COVID-19 assistance programs expired. That’s been compounded by rising food costs that have left millions struggling to put food on the table.
Canada witnessed a surge in food insecurity, jumping nearly 5 percentage points to 22.9% of the population living in food-insecure households between 2022 and 2023, according to the University of Toronto. According to the 2023 Hunger Count by Food Banks Canada, food banks recorded a record 1.9 million visits, representing a 32% increase compared to the previous year. Parents constituted the largest segment of food bank users, highlighting the acute challenges faced by families. Provincially, Newfoundland and Labrador experienced the highest rate of food insecurity, with 23% of households affected in 2022, followed closely by New Brunswick and Alberta both at 22%.
In the United States, 13.5% of households — approximately 18 million — faced food insecurity at some point during the year, marking a slight rise from 12.8% in 2022, according to a report by USDA. Among the states, Arkansas reported the highest prevalence of food insecurity, with 18.9% of households affected between 2021 and 2023.
Argentina's President Javier Milei gestures during the Atreju political meeting organized by the young militants of Italian right-wing party Brothers of Italy (Fratelli d'Italia) at Circo Massimo in Rome.
Big milestone for Argentina’s radical president: Economy escapes recession
A year ago, Argentina’s eccentric, wolverine-haired, “anarcho-libertarian” president Javier MIlei took office with a chainsaw and a plan: to tackle the country’s triple-digit inflation and chronic debt problems, he would hack government spending to pieces — and it seems to be working.
Latin America’s third largest economy has emerged from recession for the first time since the third quarter of 2023, with GDP growing nearly 4% since then. Month-on-month inflation has plunged from 25% last December to just 2.4% a month ago.
How’d he do it? Since coming to office, Milei has scrapped more than half of the government ministries, slashed spending on public salaries, devalued the currency, and put pension growth in a chokehold.
The subsequent return to growth is a vindication for Milei, whose state-chopping has won him plaudits from financial markets and the International Monetary Fund. It’s also earned glowing admiration from Donald Trump who envisions a similar gutting of the US Federal government (though his protectionist impulses contrast with Milei’s purer market fundamentalism).
Milei’s approach has been painful for many. The percentage of Argentines living in poverty has surged by 13 percentage points to 53% since he took office. Milei’s bet is that this is merely short term pain. He could yet be right: experts see the economy expanding by 5% next year after contracting 3% in 2024. With mid-term elections approaching in 2025, we’ll soon learn how most ordinary Argentines feel about Milei’s methodical massacres.
Why the UN's 17 Sustainable Development Goals are not on track to be financed soon
The world faces a sustainable development crisis, and while most countries have strategies in place, they don’t have the cash to back them up. How far off track are we with the financing needed to support the UN’s 17 Sustainable Development Goals, ranging from quality education and health care to climate action and clean water?
Shari Spiegel, who runs the UN’s Financing for Sustainable Development Office, sat down with GZERO’s Tony Maciulis at a Global Stage event for the IMF-World Bank Spring Meetings this week. She explains that the SDGs were off track even before the pandemic and that now, owing to global crises, many poorer countries have slipped backwards.
“We actually started backtracking on many of these goals as countries were under enormous stress, and particularly the poorest countries,” she said, noting that the global output of many of the poorest nations has fallen by 30% — and some, such as the Small Island Developing States, by 40%. This has led to an enormous finance divide — raising SDG financing and investment gaps from $2 trillion a few years ago to around $4 trillion today.
So how can the UN restrengthen multilateralism and, in turn, help narrow this gap? Watch here.
For more of our 2024 IMF/World Bank Spring Meetings coverage, visit Global Stage.
Graphic Truth: Food insecurity and poverty in the US & Canada
Poverty and food insecurity, exacerbated by COVID and the soaring cost of living, plague both the US and Canada. At the height of the pandemic, school closures in the US deprived many children of their vital food source: free school lunches. This, coupled with job losses and inflation, plunged many into food insecurity. The economic outlook has still not improved for these families, thanks to the high rate of inflation, which is keeping grocery and gas prices elevated.
In Canada, a cost-of-living crisis has seen demand for food banks surge, with the 2023 Hunger Count by Food Banks Canada revealing a 32% rise in year-on-year visits in 2022. Parents made up the largest share of food bank users. Like in the US, they are grappling with exorbitant housing, food, and fuel costs, compounded by childcare expenses. A record 1.9 million Canadians sought assistance from food banks in just March 2023 alone.
How has US food insecurity increased, but not poverty? The poverty line, defined by Lyndon B. Johnson in 1963, hasn't been reassessed since. Back then, poverty was defined as anyone spending a third of their income on a “bare essentials diet.” But thanks to globalization and agricultural advances, an average American now spends only one-eighth of their income on food.
Instead, housing and childcare are the biggest budget busters. An American renter making $30,000 likely allocates over half their income to housing and may struggle with food insecurity. But, given the 1960s “poverty” guidelines, they need to earn nearly three times less, or $12,880, to be considered poor.
Bjorn Lomborg wants to redefine climate change's impact on our lives and economy
Climate change is an urgent problem, but it can be helpful to think about it in the long term because it’s a problem that will be inherited by generations to come.
On GZERO World, Ian Bremmer challenges controversial climate author Bjorn Lomborg on whether his perspective on climate would be different if he were going to live for 200 years instead of the typical 85. But Lomborg holds fast in his belief that though climate change will affect the trajectory of human progress, it won’t lead to the most dire predictions forecast by climate scientists. Instead of searching for a panacea, Lomborg says the world should focus on policies that address climate change in the most cost-effective and efficient ways.
Bremmer challenges Lomborg to think about the potential loss of coastal areas and homelands from rising sea levels, which would lead to a significant shift in how people perceive the future of the planet. But Lomborg is firm in his belief that straight-line thinking is counterproductive. Lomborg predicts we’ll be able to protect most places with advances in technology and that worst-case climate scenarios won’t come to pass.
Catch GZERO World with Ian Bremmer every week at gzeromedia.com/gzeroworld or on US public television. Check local listings.
- Climate change: are we overreacting? ›
- "Climate is a problem, not the end of the world" - Danish author Bjorn Lomborg ›
- Can the world run on green energy yet? Author Bjorn Lomborg argues that's very far off ›
- Podcast: Challenging the climate change narrative with Bjorn Lomborg ›
- Climate change isn’t the most immediate threat to humanity, argues Niall Ferguson ›
- Fix climate change, don't just adapt to its consequences ›
- What Africa has to say about climate change ›
- Climate change trade wars ›
- How China fits into global climate change ›
Steven Pinker shares his "relentless optimism" about human progress
If you follow the news closely, chances are your view of the state of the world is not super optimistic. From war in Ukraine to a warming planet to global poverty and hunger, there's plenty to get upset about. But what if things are actually getting...better? That's what Harvard psychologist Steven Pinker asks in his interview with Ian Bremmer for the latest episode of GZERO World.
"If you compare the number of wars and the number of people killed in wars in the sixties and the seventies and even the eighties, we're actually much better off today" Pinker argues. "And so if you don't look at data, if you look at headlines, since as long as bad things haven't vanished from the face of the earth, which they never will, you can get the impression that things are unchanged or even are worse than ever, even when they're improving. It's only when you count the number of wars, number of deaths in war, longevity, child mortality, extreme poverty, number of leisure hours, that you see that there actually has been improvement. "
Watch the GZERO World episode: Is life better than ever for the human race?
Catch GZERO World with Ian Bremmer every week at gzeromedia.com/gzeroworld and on US public television. Check local listings.
- Podcast: The case for global optimism with Steven Pinker ›
- Why is America punching below its weight on happiness? ›
- Is life better than ever for the human race? ›
- Why human beings are so easily fooled by AI, psychologist Steven Pinker explains ›
- Ian Explains: Will biotech breakthroughs lead to super humans? - GZERO Media ›
- Podcast: Tracking the rapid rise of human-enhancing biotech with Siddhartha Mukherjee - GZERO Media ›
- From CRISPR to cloning: The science of new humans - GZERO Media ›
- Yuval Noah Harari: AI is a “social weapon of mass destruction” to humanity - GZERO Media ›
- Yuval Noah Harari explains why the world isn't fair (but could be) - GZERO Media ›
Philanthropy's moment to act
Note: This interview appeared as part of an episode of GZERO World with Ian Bremmer, "Inequality isn't inevitable - if global communities cooperate" on January 29, 2023.
It's almost the first anniversary of Russia's war in Ukraine. On March 11, it'll be three years since the World Health Organization declared COVID-19 a pandemic. And 2022 was the sixth warmest year on record since 1880. We are still dealing with the fallout from all three events. But not equally. Since 2020, the richest 1% of people has accumulated nearly two-thirds of all the new wealth created in the world.
On GZERO World, Ian Bremmer speaks to UN Foundation President and CEO Elizabeth Cousens, who thinks it's the perfect time for institutions backed by the 1 percent to step up even more. Foundations have traditionally resisted going big on fixing the world's problems because they're in it for the long run. The stakes are so high and the crises so urgent that Cousens sees a window of opportunity for philanthropy to take swift action instead of their traditional long-term approach. When it comes to immediate and deadly problems like famine and flooding, an influx of money could start making a huge difference very quickly.
Watch the GZERO World episode: Inequality isn't inevitable - if global communities cooperate
Our unsustainably unequal world
The past is still very much with us.
It's almost the first anniversary of Russia's war in Ukraine. On March 11, it'll be three years since the World Health Organization declared COVID-19 a pandemic. And 2022 was the sixth warmest year on record since ... 1880.
We are still dealing with the fallout from all three events. But not equally.
Since 2020, the richest 1% of people has accumulated nearly two-thirds of all the new wealth created in the world. Just 10% of the population owns three-quarters of global wealth — and account for nearly half of carbon emissions.
What can we do to turn this around?