The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos. Oxfam, which for years has been trying to highlight the growing disparities between the super-rich and … Read more
Since 2020, nearly five billion people worldwide have grown poorer, Oxfam said. Davos: The world’s wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam said on Monday, as it called on nations to resist the ultra-rich’s influence over tax policy. A report from the charity, published as the global elite … Read more
BATHINDA: As per a new report by Oxfam released ahead of Cop 28, the richest 1 per cent of the world’s population produced as much carbon pollution in 2019 as the five billion people who made up the poorest two-thirds of humanity.The report, Climate Equality: A Planet for the 99%, based on research with the … Read more
Bill Gates speaks at a climate summit, in a talk presumably titled Do As I Say, Not As I DoPhoto: Bennett Raglin (Getty Images) Billionaires love the planet. They have to, right? They spend so much money on developing green tech and combatting climate change, it all must mean something to them. They’re in it … Read more
The world’s richest one per cent contributed as much carbon as the five billion people who comprise two-thirds of the globe’s poorest in 2019, which could spell out dire consequences in less than a decade, according to a new report. The report was published Monday by Oxfam — an independent organization focused on alleviating global … Read more