The Philippines' GNI rose to $4,470 in 2024 but remains short of upper-middle income status as inequality and political ...

DAVOS, Switzerland — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed ...

The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.

Davos, Switzerland: A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend ...

President-elect Donald Trump, who visited Davos twice during his first term and was set to take the oath of office on Monday, is expected to take part in the forum's event by video on Thursday.

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.

Oxfam International reported that billionaires' wealth increased three times faster in 2024 than in 2023, outpacing the previous year's growth. Ahead of the World Economic Forum in Davos, the ...

Oxfam says billionaires’ wealth soared in 2024, with 4 ‘minted’ every week The group’s report comes as some of the world’s political and financial elite prepare for an annual gathering ...

As hundreds of world leaders and chief executives headed to the Swiss ski resort of Davos Monday for this year’s five-day annual meeting of the World Economic Forum (WEF), Oxfam is warning of a ...

Antipoverty group Oxfam said the world’s five richest people have almost doubled their wealth since 2019, while nearly 5 billion people have become poorer.

An Oxfam report, which comes as business elites gather this week for the annual World Economic Forum (WEF) meeting in Davos, found that a billionaire is now either running, or is the main ...