Gap between rich and poor growing, fuelling global anger, says Oxfam
Updated : January 21, 2019 06:34 AM IST
The Nairobi-headquarted charity said in a report that a new billionaire was created every two days last year, just as the poorest half of the world’s population saw their wealth decline by 11 percent.
The report, released on Monday as political and business leaders gather for the annual World Economic Forum in Davos, Switzerland, said governments are increasingly underfunding public services and failing to clamp down on tax dodging.
Published : January 21, 2019 06:34 AM IST