The 10 richest people in the world doubled their wealth during the pandemic
According to a report by the charity Oxfam, the wealth of the 10 richest people rose to 1,500 billion USD (476,000 billion HUF) due to soaring stock and real estate prices, further widening the gap between rich and poor. According to the World Bank, 163 million more people have been pushed below the poverty line since the start of the pandemic, while the super-rich have benefited from government stimulus subsidies to offset the effects of the pandemic. (MTI)
Related news
Péter Szijjártó: it gives Hungary extraordinary strength that its agriculture produces double the domestic consumption
The fact that agriculture and the food industry can produce…
Read more >OPEC improved its estimate for the growth of the world economy last year
OPEC slightly improved its estimate of last year’s GDP growth…
Read more >Atradius: a new type of crisis and recession is expected in the Hungarian economy next year
In its usual autumn analysis, credit insurance company Atradius expects…
Read more >Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >