Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.

The UK extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of ...

Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, ...

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even ...

As the world economic forum kicks off in Davos, Oxfam is putting the spotlight on wealth inequality. According to the ...

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 on Davos for their annual ...

Oxfam examines what this means for the U.S. and the world. For years, Oxfam—along with advocates and activists around the world—has argued that extreme concentration of wealth is leading to extreme ...

Sudanese refugee Shaima Ali and her baby in South Sudan: “When I came here the first support I got was from Oxfam.” Herison Philip/Oxfam The struggle to survive becomes a little easier with financial ...

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

UBS Group AG has removed Credit Suisse’s signs at its one-time arch-rival’s former headquarters in Zurich, replacing them ...

We need his “revolution in values.” Inauguration Day is here, and your support is critical as Truthout uses all its resources ...