Since the “financial repression,” the most powerful people have only gotten more powerful. A 2013 Oxfam report found that 80 people had as much wealth as 1/2 of humanity, and a few months later Forbes said the number had dropped to 67. Many of us asked who exactly these people are, …

The world’s 100 richest people earned a stunning total of $240 billion in 2012 – enough money to end extreme poverty worldwide four times over, Oxfam has revealed, adding that the global economic crisis is further enriching the super-rich. “The richest 1 percent has increased its income by 60 percent …

Billionaires and politicians gathering in Switzerland this week will come under pressure to tackle rising inequality after a study found that – on current trends – by next year, 1% of the world’s population will own more wealth than the other 99%. Ahead of this week’s annual meeting of the World …

2 million kilometers of foreign purchased land in developing countries is either idle or used for Western biofuel production, according to a British charity. Oxfam’s report estimates an area the size of London is sold every six days. The report states that between 2000 and 2010, 60% of investment in …

A recent report by Oxfam International highlights the dramatic rise in income equality by noting that the combined wealth of the world’s top 8 individual billionaires is more than the lower half of the world’s population, some 3.6 billion people. The intention of the report was to bring awareness to the unfairness …

The richest 1% of the world’s population are getting wealthier, owning more than 48% of global wealth, according to a report published on Tuesday which warned growing inequality could be a trigger for recession. According to the Credit Suisse global wealth report (pdf), a person needs just $3,650 – including the value …

Yemen is descending into total collapse, its people facing war, famine and a deadly outbreak of cholera, as the world watches, the UN aid chief said on Tuesday. Speaking to the UN Security Council, Stephen O’Brien said “the time is now” to end the world’s largest food emergency and put …