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| Economy |
| Wealth of world's 10 richest men doubled in pandemic, Oxfam says |
| 2022-01-17 |
| [BBC] The pandemic has made the world's wealthiest far richer but has led to more people living in poverty, according to the charity Oxfam. Lower incomes for the world's poorest contributed to the death of 21,000 people each day, its report claims. But the world's 10 richest men have more than doubled their collective fortunes since March 2020, Oxfam said. Oxfam typically releases a report on global inequality at the start of the World Economic Forum meeting in Davos. That event usually sees thousands of corporate and political leaders, celebrities, campaigners, economists and journalists gather in the Swiss ski resort for panel discussions, drinks parties and schmoozing. However for the second year running, the meeting (scheduled for this week) will be online-only after the emergence of the Omicron variant derailed plans to return to an in-person event. |
| Posted by:Besoeker |
| #1 Nothing has stopped Oxfam from an investment strategy to do the same. Thou shall not covet. How much more food could get in the hands and mouths of others were it not for corrupt, incompetent, and power hungry ruling classes. |
| Posted by: Procopius2k 2022-01-17 06:56 |