-
Richest 1% to own half of world’s wealth by 2016, says Oxfam
Wealth accumulated by the richest one percent will exceed that of the other 99 percent in 2016, the Oxfam charity said Monday, ahead of the annual meeting of the world's most powerful at Davos, Switzerland. "The scale of global inequality is quite simply staggering and despite the issues shooting up the global agenda, the gap between the richest and the rest is widening fast," Oxfam executive director Winnie Byanyima said. The richest one percent's share of global wealth increased from 44 percent in 2009 to 48 percent in 2014, the British charity said in a report, adding that it will be more that 50 percent in 2016. ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jan 18, 2015 10:48pm Jan 18, 2015 10:48pm
- traderathome
- Joined Mar 2008 | Status: PVSRA with Traderathome | 1621 Comments
- Comment #2
- Quote
- Jan 19, 2015 12:29am Jan 19, 2015 12:29am
- michaelpelly
- Joined Oct 2012 | Status: Member | 1992 Comments
- Comment #3
- Quote
- Jan 19, 2015 12:52am Jan 19, 2015 12:52am
- Bahadin
- | Joined Jan 2012 | Status: Member | 2 Comments
- Comment #4
- Quote
- Jan 19, 2015 1:00am Jan 19, 2015 1:00am
- michaelpelly
- Joined Oct 2012 | Status: Member | 1992 Comments
- Comment #5
- Quote
- Jan 19, 2015 3:26am Jan 19, 2015 3:26am
- Greeny
- | Joined Jul 2008 | Status: Member | 21 Comments
- Comment #6
- Quote
- Jan 19, 2015 9:19pm Jan 19, 2015 9:19pm
- Abhimanyu
- | Joined Jan 2013 | Status: Member | 328 Comments