The defining theme of Trump’s triumphal return: Oligarchy
The new administration has empowered a handful of extremely rich people to exert disproportionate influence over the ...
Newsweek on MSN12d
How 2024 Saw Boom For Billionaires
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
The Associated Press on MSN13d
Oxfam says Musk backing Trump is the ‘crown jewel of global oligarchies’
Oxfam report said billionaire wealth grew by $2 trillion last year, or roughly $5.7 billion a day, three-times faster than in ...
Trump's strict foreign funding freeze sparks panic among international aid groups
Internal communications reviewed by ABC News show that the Trump administration plans to strictly implement an executive ...
Irish Examiner on MSN13d
Oxfam calls for tax on super rich as Ireland’s billionaires got €13bn wealthier last year
Oxfam Ireland CEO predicts incoming US president Donald Trump will 'slash taxes for the ultra-rich and mega-corporations at ...
Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
In total, billionaire wealth skyrocketed by $2 trillion, adding more than 200 individuals to this cohort. The accumulation of ...
$150 million a day: The world's richest men's wealth soared last year, Oxfam says
The wealth of the world's 10 richest men grew US$100 million ($160 million) an hour on average last year, according to ...
Billionaires’ wealth grew by £1.6 trillion last year, Oxfam says
Billionaire wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990 ...
Trump moves to redesignate Houthi rebels as a Foreign Terrorist Organization
President Donald Trump moved on Wednesday to re-designate the Iran-proxy Houthi militia as a Foreign Terrorist Organization, ...