Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.

According to the anti-poverty group Oxfam International, billionaire wealth surged by $2tn (€1.93bn) in 2024, equivalent to roughly $5.7bn (€5.5bn) a day, three times faster than the year before, ...

Oxfam International, in its latest assessment of global inequality timed to the opening of the World Economic Forum meeting, also predicts at least five trillionaires will crop up over the next ...

The Trump administration’s freeze on foreign aid and move to dismantle USAID is already “having deadly consequences,” according to one humanitarian organization.

Why would Oxfam, a once-respected charity, publish a careless and ill thought-out piece of propaganda such as its latest ...

Oxfam International, in its latest assessment of global inequality timed to the opening of the World Economic Forum meeting, also predicts at least five trillionaires will crop up over the next ...

"The capture of our global economy by a privileged few has reached heights once considered unimaginable," said Oxfam International Executive Director Amitabh Behar. Billionaire wealth surged in ...

Hugh Cameron is Newsweek Live News Reporter based in London, U.K. His focus is reporting on international politics, conflict, and crime. Hugh joined Newsweek in 2024, having worked at Alliance ...

Oxfam International executive director, Amitabh Behar, said: “The capture of our global economy by a privileged few has reached heights once considered unimaginable. The failure to stop ...

Billionaires’ wealth globally grew three times faster in 2024 than the year before, global advocacy group Oxfam International says, as some of the world’s political and financial elite prepare ...

According to the anti-poverty group Oxfam International, billionaire wealth surged by $2tn (€1.93bn) in 2024, equivalent to roughly $5.7bn (€5.5bn) a day, three times faster than the year ...