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Quote of the day by American philosopher and professor Noam Chomsky: “There are no poor countries— only systems that have failed to manage resources.” — Is poverty really man-made? The hidden truth behind broken economic systems, wealth concentration, and growing inequality continues fueling global frustration and social instabilityQuote of the day by Noam Chomsky: The quote challenges the common belief that poverty is unavoidable. It argues that broken economic system...
India received highest number of regressive tax recommendations from IMF: OxfamAn Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...
Trump’s new tax plan could be a $3.1 trillion gift to the 10 richest Americans, including Elon MuskA Republican-backed bill, the "One Big Beautiful Bill Act," proposes extending 2017 tax cuts, potentially delivering $3.1 trillion in tax b...
USAID employees ordered to shred records, court filing saysUSAID employees were instructed to shred records, sparking concerns from unions about potential violations of federal law and the destructi...
Big setback for Ukraine, Africa: US freezes almost all foreign aid except for Israel, Egypt armsThe United States, led by Secretary of State Marco Rubio under President Donald Trump's new "America First" policy, has frozen nearly all f...
Networth of richest-1% double of rest of world: OxfamReleasing the report on the sidelines of the annual congregation of the global elite in this Swiss ski resort town, Oxfam said a tax of up ...
Pandemic creates new billionaire every 30 hours: Oxfam at DavosOxfam's new research also showed that corporations in the energy, food and pharmaceutical sectors -- where monopolies are especially common...
Over 16 crore more people forced into poverty in two years of pandemic: OxfamThe world's ten richest men saw their fortunes grow at a rate of USD 15,000 per second during the first two years of the pandemic and if th...
Oxfam: 11 people die of hunger each minute around the globe"The statistics are staggering, but we must remember that these figures are made up of individual people facing unimaginable suffering. Eve...
Rich countries missing the $100-bn climate finance goalEfforts have also been derailed by Trump’s decision to halt $2 billion of payments to the United Nations’ Green Climate Fund.
Coronavirus: Rich nations snap up vaccine stocks in global race for jabBig pharma is racing to produce an effective jab to counter a virus that has now killed more than 935,000 people around the world and infec...
Coronavirus could push tens of millions into chronic hunger: United NationsThe United Nations says the ranks of the world's hungry grew by 10 million last year and warns that the coronavirus pandemic could push as ...
Donald Trump's 'billionaires first' policy to be on display at WEF: OxfamA new Oxfam survey, scheduled to be released today, shows that Trump's economic agenda is deeply unpopular with the US public.
Large US firms stashed $1.6 trillion in tax havens: OxfamPoverty-fighting organization Oxfam America said the sum for 2015 was a $200 billion increase over the prior year. The report cites the com...
World’s richest 10% responsible for 50% of global carbon emissionsThe vast majority of the richest 10 per cent of the world stay in the OECD countries - North America, Western Europe, Australia, New Zealan...
Carbon footprints don’t lie: World’s richest 10% release 50% of its CO2As the rich countries of the West lock horns with the developing world at Paris on the question of who will cut how much carbon emissions, ...
Patent laws: World backs India against ‘bully’ USApprehensive of the US exerting pressure on India to dilute the public health safeguards in its patent laws, organizations from across the ...
- HUL to launch 'Puriet' in Latin America, Africa
FMCG giant HUL today said it plans to expand the presence of its water purifier 'Puriet' in the overseas markets, and will launch it Latin ...
- New US law seeks disclosure of foreign payments
Publicly traded oil, gas and mining companies, including those from India and other emerging economies, will be required to disclose their ...
- Humanitarian crisis in Haiti as 500 are killed
More than 500 people were found dead in Haiti as international aid trickled Saturday to desperate residents who have not eaten in days sinc...