A community member in Gaza receives a food distribution from Oxfam and partners Economic & Social Development Center of Palestine (ESDC) and Palestine Agricultural Development Association (PARC).

Oxfam report said billionaire wealth grew by $2 trillion last year, or roughly $5.7 billion a day, three-times faster than in 2023. Billionaires' wealth grew three times faster in 2024 than the ...

Advertisement As it does ahead of each Davos Forum, the Britain-based non-governmental organization Oxfam International released its annual report on the worsening state of global inequality.

The world is now on track to see five trillionaires within a decade, the latest annual Oxfam inequality report reveals. The global economic system is broken, wholly unfit for purpose as it enables and ...

Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. From reproductive rights to climate change to Big Tech, The ...

WEF 2025: Billionaire wealth rose three times faster last year, as per a new report. Even if the world’s 10 richest people lost 99% of their wealth overnight, they would still remain ...

An Oxfam report found Australian billionaires' wealth increased by more than 8 per cent, or $28 billion, last year. Globally, the 10 richest people are all men and their wealth increased by more ...

Oxfam made the prediction in its latest assessment of global inequality timed for the opening of the World Economic Forum meeting. The charity, which is focused on tackling global poverty ...

“Above all, we need this ceasefire not only to hold for the forty-two days, but to become a permanent ceasefire,” said Abby Maxman, president and CEO of Oxfam America, speaking on behalf of a ...

Oxfam’s new report, “Takers, Not Makers,” explores how extreme wealth is not accumulated simply as a reward for extreme talent. The majority of billionaire wealth—an estimated 60 percent of it—is ...

In its flagship inequity report released every year on the first day of the World Economic Forum Annual Meeting, Oxfam International contrasted the huge jump in the billionaire wealth with the ...

A new report by Connected Development (CODE), INKA Consult, and Oxfam reveals that Nigeria receives only 4% ($704 million) of the $17.7 billion it requires annually to address worsening climate ...