Oxfam Reveals How Richest 1% of All People Became Richer in Two Years

While inflation gulps the wages of at least 1.7 billion workers, billionaires see their fortune increase by $2.7 billion on a daily basis. According to a new report from global poverty charity Oxfam, ...

Richest 1% amassed almost two-thirds of new wealth created since 2020: Oxfam

Skyline in lower Manhattan. Gary Hershorn | Corbis News | Getty Images Over the last two years, the richest 1% of people have accumulated close to two-thirds of all new wealth created around the world...

Oxfam slams billionaire pandemic ‘bonanza’ as millions face poverty

Olga Shumytskaya | Moment | Getty Images A new billionaire emerged every 30 hours during the Covid-19 pandemic, and nearly a million could fall into extreme poverty at around the same rate in 2022. Th...

Palestinians Could Run Out Of Wheat Reserves In Three Weeks In Ripple Effect Of Ukraine War

A Palestinian volunteer cook distributes food prepared with ingredients obtained from donors, to help needy families in an impoverished neighborhood in Gaza City in January 2021. AFP via Getty Images ...

India’s Billionaires On A Tear As 1.3 Billion People Lose

India’s Prime Minister Narendra Modi gestures as he addresses a rally at Paddal ground in Mandi on … [+] December 27, 2021. AFP via Getty Images Few countries would downplay the number of ...

Oxfam on Covid inequality, tax rich to pay for vaccines, protect climate

A pedestrian wearing a face mask delivers food to a homeless person sleeping in the entrance of a shop, closed due to coronavirus restrictions, in central London on December 23, 2020. Tolga Akmen | AF...