LittleBearPad i was not using hyperbole 
Extract from Unicef...
While poverty reduction has become a central feature of the international development agenda, the 21st century starts with vast asymmetries in terms of income, access to food, water, health, education, housing, or employment for families.
Half of the world’s children are below the international poverty line of $2 a day
and suffer from multiple deprivations and violations to basic human rights
(basic human rights violations are not having access to clean potable water, adequate nutrition, shelter, fuel/heat, education and medicinal/health access)
Straight from this very long pdf Unicef file on global child poverty
So 8 billion people in the world, nearly half of the world’s population, approx 4 billion, people live in poverty on less than $2.50 a day. Out of that 4 billion, more than 1.3 billion live in extreme poverty less than $1.25 a day.
According to UNICEF out of the 2 billion global child population, 1 billion children worldwide are living in poverty. Nearly 385 million children living in extreme poverty figures are thought to be higher, as out of the 1.3 billion people living in extreme poverty, it is thought that half approx 600 million are infact under 18 years of age. 22,000 children die each day due to extreme poverty.
There is a lot of information on the subject of child poverty out there on the net, but i prefere to go to a source such as Unicef for up to date information.
HTH