This year, about 121 million people have been pushed to the edge of starvation.
Oxfam, the international anti-poverty organization, released a report Friday on how the world’s billionaires and poor people are doing economically. And the short answer is: the former are up while the latter are down. Oxfam crunched the income and wealth numbers based on data from Forbes’ annual billionaires list and Credit Suisse’s “Wealth Databook.” The […]
An inquiry is being conducted after allegations that the aid group Oxfam covered up a sex scandal involving some of its senior staff. There’s money on the line to be lost, but also the worrying matter for any charitable organization of lost public trust. Click the audio player above to hear the full story.
The wealthiest 1% of people may soon control more than 50% of the world's wealth.