News

The world’s 1,000 richest people have already bounced back from COVID-19 wealth losses, but it could take more than a decade for the poorest to recover, Oxfam warns

The 1,000 richest people on Earth have already recovered from coronavirus-related wealth losses, an Oxfam study revealed. Meanwhile, it could take more than a decade for those in poverty to recover, the charity said. The top 10 billionaires, including Jeff Bezos, have enough money combined to pay for a COVID-19 […]
The world’s 1,000 richest people have already bounced back from COVID-19 wealth losses, but it could take more than a decade for the poorest to recover, Oxfam warns
News

A new Oxfam report slams major retailers in Australia for dodgy buying practices which keep wages low for manufacturing workers. Here are the worst offenders.

A new report from Oxfam has called out the buying practices among retailers that are affecting clothing manufacturers in Bangladesh. These included claims to switch suppliers if a factory didn’t drop their prices. “With just one month today until Christmas, shoppers should demand big brands end this cycle and do […]
A new Oxfam report slams major retailers in Australia for dodgy buying practices which keep wages low for manufacturing workers. Here are the worst offenders.
Markets

9 mind-blowing facts about the world’s richest people

It may come as no surprise, but the rich are getting richer. In fact, the world’s richest 1% of people own more wealth than the rest of humanity, according to a report by Oxfam, a non-profit that focuses on fighting global poverty. The report, titled “Reward Work, Not Wealth,” revealed […]
9 mind-blowing facts about the world’s richest people