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The Latest Breaking News from Oxfam

The World Could Soon Have Its First Trillionaire. Good!

A new report brings remarkable economic illiteracy to its focus on poverty and inequality.

Reason

‘Operations forced to halt entirely’: Oxfam tells Delhi HC, seeking FCRA licence renewal

Oxfam India told the Delhi High Court today that its “operations have virtually been forced to halt” after the central government refused to renew its Foreign Contribution (Regulation) Act licence, The Indian Express reported.

Newslaundry

The Five Richest Men Have Doubled Their Wealth Since 2020

It may be hard to believe, but the five richest men in the world have doubled their wealth since 2020.

Kiplinger

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Over 250 Richest People In The World Ask Politicians To Tax Their Wealth

Wealth inequality has become a highly divisive issue.

International Business Times UK

Elon Musk Calls Mark Zuckerberg A 'Charmer' On Post About Facebook's Early Days

As the gap between rich and poor continues to increase, Oxfam predicts the world will crown its first trillionaire within a decade.

International Business Times UK

Davos 2024: Oxfam slams 'decade of division' amid worsening inequality

The fortunes of the world's five richest men have more than doubled since 2020, while three in five people around the globe have been made poorer. Those are just some of the findings in Oxfam's new inequality report, released to coincide with the start of the World Economic Forum, an…

France 24

World's richest men double fortune as first trillionaire expected 'in a decade'

The combined wealth of the world's five richest men grew 114 per cent since 2020, Oxfam says

Evening Standard

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Oxfam Predicts Trillionaire Within Decade Amidst Growing Global Inequalities

Oxfam warns that the world could have its first trillionaire within a decade, highlighting growing inequalities exacerbated by the pandemic.

Top News

The world could get its first trillionaire within 10 years, anti-poverty group Oxfam says

The anti-poverty organization Oxfam International says the world could have its first trillionaire within a decade

The Independent UK

Israel’s Response To South Africa’s Genocide Case At The ICJ, Explained

"Israel has the inherent right to take all legitimate measures to defend its citizens and secure the release of the hostages."

Pedestrian.tv

Afternoon Update: world’s billionaires vastly richer since pandemic; Woolies store vandalised; and Victoria defends $100m Tennis Australia bailout

The wealth of the world’s billionaires grew three times faster than the rate of inflation

The Guardian - AU

Five richest men doubled fortunes after 2020, Oxfam says as Davos opens

Charity says billionaires $3.3 trillion richer than in 2020 as annual gathering of business elites take place.

Al Jazeera

World's Richest Five Men Double Fortune Since 2020: Oxfam

The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam said on Monday, as it called on nations to resist the ultra-rich's influence over tax policy.

International Business Times

As the billionaires gather at Davos, it's worth examining what's become of their dreams

Gathering for their annual World Economic Forum at Davos in Switzerland this week, the world’s business and political elite will be digesting some unpleasant reading courtesy of the aid agency Oxfam International.

The Conversation

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The Guardian - UK

World’s five richest men double their money as poorest get poorer

Oxfam predicts first trillionaire within a decade, with gap between rich and poor likely to increase

WEKU

So far it's a grand decade for billionaires, says new report. As for the masses ...

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.

The Guardian - AU

Three richest Australians’ combined wealth doubles since 2020 at $1.5m an hour – Oxfam

Report says combined fortunes of Gina Rinehart, Andrew Forrest and Harry Triguboff doubled between 2020 and 2023, while one in eight Australians live in poverty

Pedestrian.tv

The 3 Richest Aussies Have Made $1.5M An Hour Since 2020 While We’re In A Cost Of Living Crisis

The richest three Australians made $1.5 million every hour since 2020, Oxfam’s shocking inequality report has found.

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The Guardian - US

Thousands march on Washington to demand ceasefire in Gaza

Flyers indicate protesters came from as far as Florida, Minnesota, Texas and Wisconsin to protest war and US aid to Israel

Al Jazeera

Gaza daily deaths exceed all other major conflicts in 21st century: Oxfam

Human Rights Watch also says Israel’s war has included ‘acts of collective punishment that amount to war crimes’.

Al Jazeera

UN resolution on Gaza aid criticised as ‘insufficient’, ‘meaningless’

US negotiated for days to weaken the language of the resolution to ensure there is no call for an immediate ceasefire.

International Business Times

EU Agrees 'Historic' Reform Of Asylum Laws

The EU on Wednesday agreed to an overhaul of its asylum laws that includes more border detention centres and speedier deportations, prompting migrant charities to slam the changes as "dangerous" and "cruel".

International Business Times

EU Court Rejects Brussels Appeal Over Amazon Tax Ruling

A top EU court rejected Thursday Brussels' appeal against a ruling blocking its bid to force Luxembourg to recover 25 million euros ($272-million) in back taxes from Amazon.

The Guardian - UK

Britain’s record on aid has been badly tarnished. Here’s how Labour can restore it

People are sceptical of Britain’s role as a force for good. But Keir Starmer can change that, writes Oxfam GB chief executive Dhananjayan Sriskandarajah

The Guardian - UK

One in four billionaire Cop28 delegates made fortunes from polluting industries

Exclusive: analysis by Oxfam raises concerns about influence wielded by ultra-rich mega-emitters at summit

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