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A new way to measure poverty shows the US falling behind Europe

The time needed to get $1 in international dollars is 63 minutes in the US. This is about twice the average in Germany, France and the UK according to an Oxford University researcher. This suggests that average poverty…

1 report1 sourceMar 29, 2026, 5:52 AM
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EuronewsMar 29, 2026, 5:52 AM

A new way to measure poverty shows the US falling behind Europe

The time needed to get $1 in international dollars is 63 minutes in the US. This is about twice the average in Germany, France and the UK according to an Oxford University researcher. This suggests that average poverty is significantly higher in the US.

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