As the World Economic Forum kicks off in Davos, the charity Oxfam has issued its annual report on wealth, poverty and inequality. It makes some bold assertions. But there are skeptics.

World Economic Forum begins in Davos 04:19. Food companies making big profits as inflation has surged should face windfall taxes to help cut global inequality, anti-poverty group Oxfam said Monday ...

Oxfam International executive director Amitabh Behar poses in Davos during the World Economic Forum (WEF) annual meeting on Jan. 20, 2025. Oxfam's latest report, "Takers Not Makers," warns of five ...

Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.

Oxfam believes the rates on the top 1% should be high enough to significantly reduce their numbers and wealth. The funds should then be redistributed. “We do face an extreme crisis of wealth ...

Oxfam believes the rates on the top 1% should be high enough to significantly reduce their numbers and wealth. The funds should then be redistributed. “We do face an extreme crisis of wealth ...

But he notes that in reality, Davos was born in the 1990s at the peak of globalization – a time when the Oxfam report had more influence on discussions and solutions to creating a more equitable ...

As Davos forum begins, Oxfam calls for ‘billionaire-busting’ taxes. January 16, 2023 More than ... Oxfam said before the World Economic Forum in Davos, Switzerland.

What’s more, the top 1% holds 43% of the world’s financial assets, according to Oxfam, drawing on data from Wealth X. In the United States, this group owns 32%; in Asia, it’s 50%.

DAVOS, Switzerland (AP) — Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group ...

DAVOS, Switzerland – A CEO from one of the world's top five global fashion brands has to work for just four days to earn what a garment worker in Bangladesh will earn in an entire lifetime ...

DAVOS, Switzerland - The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to ...