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OXFAM REPORT
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...
- Billionaires' wealth hits new peak as their clout grows, Oxfam saysBillionaire fortunes surged to a record high last year. This wealth boom deepened economic and political divides. One in four people worldw...
- UK extracted $64.82 trillion from India during colonial rule. Richest 10% got most of the cashOxfam International's report highlights how the UK extracted USD 64.82 trillion from India during colonial rule, with significant wealth tr...
- The world could get its first trillionaire within 10 years, anti-poverty group Oxfam saysThe global elite at the World Economic Forum in Davos grew $405 billion richer in 2020 and reached a total wealth of $869 billion last year...
- Gear up, the world's first trillionaire is at best, 10 years away: ReportOxfam International predicts that the world could have its first trillionaire within a decade, highlighting the growing disparities between...
- As Davos crowd gathers, governments urged to rein in 'billionaire class'Oxfam reveals the wealth of the world's five richest men has surged to $869 billion since 2020, doubling, while five billion people face in...
- Top CEOs received 9% pay rise in 2022, employees took 3% pay cutWomen and girls put in 380 billion hours of unpaid care work per month, often forcing them to work reduced paid hours or drop out of the wo...
- Govt recommends CBI probe against Oxfam India for alleged FCRA violationsAs per a home ministry statement, Oxfam India "continued to transfer foreign contributions to various entities even after registering under...
- As Davos opens, Oxfam urges 'billionaire busting' policiesThe aid group made its plea as the Swiss Alpine village hosts political leaders, CEOs and celebrities for the week-long World Economic Foru...
- A billionaire emits a million times more greenhouse gases than average person: Oxfam reportCumulatively, 125 billionaires fund 393 million tonnes of CO2e (carbon dioxide equivalent) per year, which is equal to the annual carbon em...
- Women's participation in Indian workforce low due to gender discrimination, says OxfamTo close the gap in women's labour participation, the Indian government would have to offer incentives for better pay, training, skills acq...
- Rich get richer in pandemic: Collective wealth of billionaires like Elon Musk, Jeff Bezos reaches $11.95 trillionThe world's poor face years of hardship during the COVID-19 pandemic.
- Number of billionaires doubles in 10 years; world's 22 richest men have more wealth than all women in AfricaOxfam appealed to the Davos elite to get serious about inequality.
- Wealth of India's richest 1% more than 4-times of total for 70% poorest: OxfamIndia's richest 1% hold more than four-times the wealth held by 953 mn people who make up for the bottom 70%.
- India's richest 1% get richer by 39 percent in 2018, just 3 percent rise for bottom-half: OxfamThe top 1 percent of India's richest got richer by 39 per cent last year, an Oxfam study said.
- Sex-abuse claims a stain on the organisation, come forward and justice will be done: Oxfam chief Winnie ByanyimaThe head said that the attacks on Oxfam are "out of proportion" to its mistakes.
- Bill Gates could soon become world's 1st trillionaireAccording to a report, the world would get its first trillionaire in the next 25 years.
- World's 85 richest people own nearly half of global wealth: Oxfam reportA tiny elite comprising the richest 85 individuals hold wealth equivalent to that owned by the bottom half of the world's population, a rep...
- 'Economic Partnership between EU, ACP to cost $9 bn'Economic Partnership Agreement between the EU and African, Caribbean and Pacific countries will cost $9 bn.
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