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2 mins read
The world's 10 richest men have made so much money during the pandemic that a one-time 99% tax on their gains could pay for all COVID-19 vaccine production and more: Oxfam
Oxfam calculated that the wealth of the world's 10 richest men grew by $15,000 a second — $1.3 bill…
Huileng Tan
2 mins read
The Trump administration is considering proscribing Amnesty, Oxfam, and Human Rights Watch as 'anti-Semitic' and telling other governments not to support them
The US State Department could declare the groups to be anti-Semitic as soon as this week, according…
Adam Payne
1 min read
4 Indians including Mukesh Ambani and Azim Premji amongst 62 people that own half of the world’s wealth
The report from Oxfam says that "in India, 46 percent of billionaires have made their fortunes from…
2 mins read
The world's 2,153 billionaires are richer than 4.6 billion people combined, Oxfam says
The authors made several recommendations to narrow the gap: Invest in national care to lessen the b…
Theron Mohamed
3 mins read
India’s billionaires saw their wealth grow by ₹22 billion every day last year while the poorest 50% only saw a 3% rise in income: Oxfam
In its annual report, entitled “Public Good or Private Wealth,” Oxfam found that the bottom …
2 mins read
Oxfam's deputy chief exec quits over Haiti scandal as inquiry is launched
Also on Monday, the UK Charity Commission announced a statutory enquiry into the charity over conce…
Associated Press,Rob Price
2 mins read
Eight men own half of the world's wealth: Oxfam
"Over the next 20 years, 500 people will hand over USD 2.1 trillion to their heirs - a sum larger t…
2 mins read
WhatsApp shut down a Taliban helpline for reporting looting and lawlessness
WhatsApp spokeswoman told Insider that it would ban official Taliban accounts "to adhere to US sanc…
Isobel Asher Hamilton
1 min read
Richest 62 billionaires own half of World’s wealth
The differences in income are really stark. The poorest 20% of the world are living on less than $1…
1 min read
A mere 62 people hold wealth equal to half of the world says Oxfam
The anti-poverty agency was speaking on the eve of the World Economic Forum (WEF) in Davos, Switzer…
3 mins read
Oxfam's attack on 'beyond grotesque' inequality fails to highlight the charitable work of the world's richest people
Since Oxfam hasn't bothered to tell you about Bill Gates' charity work, I will. Gates and his wife …
James Cook
3 mins read
Biden is reportedly getting even more serious about taxing the wealthy
Biden is looking at raising more revenue and has said Americans earning over $400,000 can expect hi…
Juliana Kaplan
2 mins read
India has the fastest growing population of millionaires in the world: Report
India’s growth story, since liberalisation in 1991, has been well-documented. A visible indicator o…
2 mins read
Walmart beats Whole Foods in a new report on workers' rights, and it reveals how Amazon has become the new villain of big business
"We have a proven track record of taking immediate action with suppliers when potential concerns su…
Kate Taylor
2 mins read
Washington, DC, is the best place in the US for pay and good jobs. See the other top states.
A flood of workers have moved south in recent years, but many southern states offer lower wages and…
Juliana Kaplan,Eliza Relman
3 mins read
Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey
Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…
PTI
1 min read
Wealth inequality and 'billionaire supremacy' have gotten so bad that at this rate, it will take 230 years to end poverty
Oxfam International said top billionaires have become $3.3 trillion richer since 2020. Meanwhile, 6…
Katie Balevic
2 mins read
Bill Gates thinks the super-wealthy should pay more tax – and plenty of rich people agree
Bill Gates told the World Economic Forum that countries, companies and individuals who have the mos…
Jyoti Mann
3 mins read
The extravagant Ambani pre-wedding party was an affront to the millions of Indians in poverty, critics say
The pre-wedding events for Anant Ambani and Radhika Merchant, which featured Rihanna, show a blatan…
Joshua Zitser,Spriha Srivasta…
3 mins read
Billionaires are collectively adding $2.7 billion to their fortunes daily — and their growing share of wealth shows trickle-down doesn't work
"Trickle-down has not only failed. Trickle-down was always a lie," Nabil Ahmed, Oxfam America's dir…