🚨 From London to Nairobi to New Delhi, nations everywhere have been hit by rising food and energy costs.
🇺🇦 Triggered by the #UkraineCrisis and COVID-19, the cost of living crisis is devastating ordinary people.
Here's how it's reaching breaking point in 6 countries. 🧵
🇬🇧 UK
📈 Inflation is running at the highest rate for 40 years.
💸 Debt is spiralling fast with research showing there's now a 38% increase in households saying they were a heavy financial burden in 2021. tmsnrt.rs/3PfjM8b
🇬🇧 62-year-old Lenny Poynton lost his job as a removal man in early 2021.
🌽 He now has to skip meals to stretch his benefit income of about £250 per month.
📈 Rising bills weigh heavily on his mind and he just about survives with support from friends and family.
🇰🇪 Kenya
📈 Inflation is running at a five-year high of nearly 8% this year.
🛢 It's driven by jumps in the price of staples such as wheat flour, cooking oil and petrol.
🌡 Kenya is also facing the worst drought in more than 40 years which is hitting households hard.
🇰🇪 Florence Kageha sells tomatoes, onions and sweet potatoes.
🍅 They used to be snapped up by lunchtime each day.
💰 Now, she tries to dispose of them at dusk, losing half her weekly earnings of 2,000 Kenyan Shillings ($17) in the process. tmsnrt.rs/3ATEZAd
🇿🇦 South Africa
The cost of meals for one average household rose by more than 13% in the year to June.
⚡️The country has also been experiencing rolling electricity blackouts.
About 11% of South Africa's 60 million people are hungry and lack access to food, says @borgenproject.
🇿🇦 The desperate economic situation has led to a spike in violent crime on the streets, says security guard Obed Mukwebo.
🚨 He and his neighbours try to walk in groups to avoid being targeted by thieves. tmsnrt.rs/3aJIDlp
🇮🇳 India
⛽️ Food and fuel are the two main sources of inflation.
⛈ Erratic weather is also threatening lower crop yields.
⭕️ The government recently restricted wheat and sugar exports and announced tax cuts to essential goods to help protect citizens. tmsnrt.rs/3yGyPAw
🇮🇳 Shoe shiner and cobbler Babu Lal was earning up to 15,000 rupees ($192) a month in March.
📉 He's now making about half of that.
⭕️ This has left him stretched to provide for his wife, two daughters and five grandchildren - despite the extra income from his two working sons.
🇧🇩 Bangladesh
📈 3.6 million unemployed people are being hard hit by inflation that has ticked up to an eight-year high.
⭕️ Authorities say they expect the economy to grow, but many poorer Bangladeshis are struggling. tmsnrt.rs/3yOda9J
🇧🇩Graduate Abdus Salam is one of them. He’s been looking for a government job for the last nine years.
🥚 He used to start each day with a hearty breakfast of boiled eggs.
⭕️ Now, as food prices soar, he has to make do with chickpeas and a few nuts. tmsnrt.rs/3yOda9J
🇭🇹 Haiti
⭕️ Roughly a third of Haiti's 11.4 million people live in extreme poverty. They barely survive on less than $2.15 a day.
🥖 About 4 million struggle to eat two meals daily.
🚨 That means even tiny price hikes can push people to the brink. tmsnrt.rs/3zdWBp9
🥘 Like a lot of Haitians, domestic worker Rose Marie spends more than 60% of her income on food.
With inflation rising, many families have been forced to choose between meals or sending their children to school.
🎓 Her two daughters aged 13 and 15 have been forced to drop out.
💰 We are looking at how the cost-of-living crisis is affecting 18 countries.
🇺🇸 Across the U.S., smaller cities are trying to lure remote workers away from big metropolitan areas with new, tempting perks.
🚐 Ready to pack a moving van? Here are 4 places you could consider calling home. 🧵
1️⃣ Tulsa, Oklahoma
💰 The city will give you a $10,000 grant to relocate alongside a year’s free membership at a co-working space - and the promise of a welcoming community.
📈 More than 1,500 people have already taken up the offer. tmsnrt.rs/39OlJbH
2️⃣ Johnson City, Tennessee
🏔 Fancy an escape to the mountains instead?
💰 Johnson City will offer up to $5000 to help with moving expenses.
⚡️ You can also get a $1000 voucher towards a brand new hot tub, and $500 for a bicycle to make the most of the great outdoors.