Davos—where the world's richest and most powerful huddle together for public talks. Here's what happened at the forum on Tuesday.
The global elite returned to the Swiss town of Davos this week as the Oxfam charity revealed that the rich are getting richer. The annual meeting of the World Economic Forum (WEF) comes amid climate disaster, war in the Middle East and Ukraine and Donald Trump’s inauguration.
Billionaire wealth surged in 2024, says Oxfam
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.
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 confab.
As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that billionaires' wealth increased three times faster in 2024 than the previous year,
Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.
a top anti-poverty group reported on Monday as some of the world's political and financial elite prepared for an annual gathering in Davos, Switzerland. Oxfam International, in its latest ...
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.
Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.
Opening during January’s 2025 Davos World Economic Forum ... The pop-up pub also aims to provide a space for meaningful discussion on the issue, with Oxfam staff available to provide information about the charity’s work on tax justice and inequality.
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