Income differences: deepening gap
Global economic inequality is deepening, with only 62 individuals owning as much wealth as the 3.5 billion people in the bottom half of the world's distribution of wealth.
That calculation is from the charity Oxfam, which will present its report at the World Economic Forum's annual summit, which kicks off Jan. 20 in Davos, Switzerland. The gap between rich and poor is widening even faster than the organization had predicted last year, when it forecast that the top 1 percent would own most of the world's wealth by 2016. In fact, that benchmark was reached long before 2015 ended, according to Oxfam. (mno.hu)
Related news
The 10 richest people in the world doubled their wealth during the pandemic
The 10 richest people in the world have more than…
Read more >(HU) GKI: Kik a vesztesek? – Jövedelemarányok változása Magyarországon 2010 óta
Sorry, this entry is only available in HU.
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >