Articles by Oxfam International

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Wealth of Five Richest Men Doubles Since 2020 as Five Billion People Made Poorer in “Decade of Division,” Says Oxfam
OXFAM International - TRANSCEND Media Service, 5 Feb 2024

15 Jan 2024 – * Fortunes of five richest men have shot up by 114 percent since 2020. *
* The world could have its first-ever trillionaire in a decade; it would take over two centuries to end poverty.  *
* A billionaire is running or the principal shareholder of 7 out of 10 of the world’s biggest corporations.

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Pandemic Created 1 New Billionaire Every 30 Hours, Now Millions Could Face ‘Extreme’ Poverty
Oxfam International | The Defender - TRANSCEND Media Service, 30 May 2022

25 May 2022 – For every new billionaire created during the pandemic — one every 30 hours — nearly a million people could be pushed into extreme poverty in 2022 at nearly the same rate, according to Oxfam.

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Richest 1 Percent Bagged 82 Percent of Wealth Created Last Year – Poorest Half of Humanity Got Nothing
OXFAM International – TRANSCEND Media Service, 29 Jan 2018

22 Jan 2018 – Eighty two percent of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report released today. The report is being launched as political and business elites gather for the World Economic Forum in Davos, Switzerland.

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