By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Data released yesterday (December 15th) by the Brazilian Institute of Geography and Statistics (IBGE) shows that more than fifty million Brazilians, nearly 25 percent of the population, live below the poverty line, and have family incomes of R$387.07 per month - approximately US$5.50 a day.

The study was part of the research Synthesis of Social Indicators 2017, and pointed to the poverty index in the Northeast of Brazil, where 43.5 percent of the population is in this situation. The Subscribe to our Premium Membership Plan. Already Subscribed? Login Here