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OXFAM INEQUALITY 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...
- These are the five people who could become trillionaires in the next few yearsA latest inequality report revealed a major prediction that within the coming decade approximately five renowned personalities on this plan...
- 'Most billionaire wealth is taken, not earned': A new report reveals how 60% of world’s wealthiest are building their fortunesOxfam International's latest assessment reveals that extreme wealth among the world's richest is largely unearned, driven by inheritance, c...
- 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...
- India's richest 1% own more than 40% of total wealth: OxfamThe report titled 'Survival of the Richest' further said that if India's billionaires are taxed once at 2 per cent on their entire wealth, ...
- 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 ...
- Elon Musk, Jeff Bezos, Mark Zuckerberg and Bill Gates: World's 10 richest men doubled their fortunes during pandemic, says reportOxfam said the billionaires' wealth rose more during the pandemic than it did the previous 14 years.
- 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%.
- View: Oxfam is wrong. Inequality plus growth is betterIndia’s history shows that equality without growth can be worse than growth with inequality. Rapid growth has been a better antidote to pov...
- India ranks among the bottom 15 of Oxfam world inequality indexThe index is based on a new database of indicators which measures government action on social spending, tax and labour rights.
- Indian billionaires' wealth equals 15 per cent of GDP, poor becoming poorer: OxfamIt said the wealthiest in India have cornered a huge part of the wealth created in the country through crony capitalism and inheritance.
- 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.
- Nominal tax on super rich can lift 9 crore out of poverty: ReportLevying a wealth tax of 1.5 per cent on super rich could help attain the objective of raising people out of extreme poverty.
- Wealth of 85 tycoons equals poorest half: OxfamThe richest 85 people on the planet owned as much wealth as the poorest half of humanity, according to a new hard-hitting report released b...
- Checking income inequality key to fighting poverty in India: ReportAccording to the report, India could end extreme poverty for 90 million people by 2019 if income inequality was reduced.
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