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World’s richest 1% have more than twice wealth of 6.9 billion people combined: Oxfam report

global wealth inequality is getting out
of control the world's richest 1% has more than twice the wealth of six point
nine billion people combined rmzo has the story a new report is highlighting
the widening degree of global inequality ahead of the World Economic Forum in
Davos which brings together some of the world's wealthiest and most influential
people the anti-poverty NGO Oxfam international study released on Monday
dubbed time to care shows the world's 2,153 billionaires have more wealth than
4.6 billion people who comprise 60% of the world's population it also says the
wealth of the world's billionaires is growing by 2.5 billion dollars every day
while the poorest half of the global population is getting poor Forbes list
of billionaires used by Oxfam said most of the wealthiest people are in the US
and they include Amazon's Jeff Bezos Microsoft Bill Gates Berkshire
Hathaway's Warren Buffett and Facebook's Mark Zuckerberg the report also
underscored gender inequality saying that 22 richest men have more money than
all the women in Africa combined the report noted that the number of
billionaires around the world has nearly doubled over the past decade since the
global economic crisis partly due to government policies such as the 2017 us
tax overhaul that cut taxes for rich people and corporations in America the
report states governments around the world are not doing enough to resolve
wealth inequality and it calls on policy makers to top inequality busting
policies Oxfam recommends nations to tax well that fairer levels saying that
taxing an additional half a percent on the world's richest 1% over the next
decade would generate enough funds to create 117 million jobs in education
health and elderly care and other sectors on ji-yong arirang news

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What Happens If We Re-distributed the World’s 1%’s Wealth Back to the 99%?

Ah, the One Percent. That elite team of Americans that pay about
37% of the country’s taxes. Occupy Wall surface Street militants have actually been barrier
versus the Top 1%, trying to elevate temper as well as awareness of the expanding economic gap
in between the abundant and also everybody else in America. However What Occurs if We Give The One Percent’s.
Riches Back? Presuming that this redistribution is an one-time.
thing, which it can be done, possibly making use of terrible ways, or through a sudden Buddhaesque.
enlightenment, after that Firstly, there will be rapturous pleasure.
When every person is brought down to where everyone. Every person will certainly start intending what to. Because many of the recently
rich ones (moderatelyReasonably
History will slowly start asserting itself,. and focus of riches will start throughout. That will cause large aggravation, as well as. a whole brand-new round of physical violence as the newly-rich-but-soon-back-to-square-one will decline this unexpected spin of fate,. as well as will reassert.They ' ll either go communist, or will certainly develop.

common living, or will simply lastly surrender to their fate. Wait- perhaps this entire outcome will. be quickly noticeable to the smart (as well as non-greedy) participants of the globe
community,. and also they may suggest an entirely brand-new option -Development of a ' Worldwide Sovereign Mankind. Fund ' – that funds whatever humanity does. Peace.
Anywhere. So essentially, the poor would certainly become inadequate. once more, and also the rich would become rich once more. And one of the most possible result is this: It. would all go back to regular ultimately.

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The Dark Secret Behind the Royal Family’s Wealth | Empires of Dirt

From the 16th century onwards, the British monarchy was main to the facility, growth, as well as maintenance of the British Empire, the biggest the world has ever seen. After Britain got into Jamaica in 1655, the Royal African Company was established up by Royal Charter under King Charles II. Before their arrival in Jamaica, over 100 public figures authorized an open letter calling on the royal family members as well as the British government to offer an apology as well as pay adjustments.

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