‘We’re in the era of the billionaire,’ human rights expert says. Here's why wealth accumulation is accelerating
In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be ...
Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes ...
"TaxTheSuperRich" is a protester motto at the Davos forum. Would that end inequality?
The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.
The Daily Star1h
Pathways to a just energy transition
Oxfam in Bangladesh in collaboration with The Daily Star organised a roundtable discussion titled “Pathways to a Just Energy ...
Oxfam ‘weaponising history’ with claim Britain owes India £52 trillion
The charity’s report argues that the UK owes reparations to the colonial country for extracting money between 1765 and 1900 ...
businessday6h
Billionaire wealth surges $2tn in 2024, as 133m Nigerians face hunger – Oxfam
In 2024, billionaire wealth surged globally by $2 trillion, growing three times faster than the previous year, according to ...
Uk stole 64 82 trillion from india during colonial rule oxfam report 5 shocking facts colonialism dark legacy
A recent report by Oxfam International reveals a shocking truth. During colonial rule, the UK took around $64.82 trillion ...
businessday7h
4 Nigeria’s billionaires amass $23.7 billion while 133 million go hungry
In 2024, billionaire wealth surged globally by $2 trillion, growing three times faster than the previous year, according to ...
D'MARGE18h
Five People Will Become Trillionaires In The Next Decade, According To New Report
Critics argue this surge in ultra-wealth worsens inequality, fueling calls for stronger taxes and regulation.
UK’s wealthiest 10% took half of India’s wealth during colonial era: Oxfam
Drawing on a range of studies and research papers, Oxfam calculated that between 1765 and 1900, the richest 10 percent in the ...
Opinion
Britain doesn’t owe £52 trillion in reparations – India deserves even more than that
Rather than being made to pay for its plundering, there’s something even more devastating and long-lasting that the British could do – educate itself properly about its colonial history, says Mihir Bo ...
The Week13h
Takers, not makers: How colonialism secured a global wealth rive
Recent Oxfam reports highlight that multinational companies now use wealth-grabbing mechanisms developed by entities like ...