{"id":50425,"date":"2025-01-21T18:55:50","date_gmt":"2025-01-21T18:55:50","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/oxfam-puts-spotlight-on-wealth-inequality-as-wef-gets-underway"},"modified":"2025-01-22T23:27:20","modified_gmt":"2025-01-22T23:27:20","slug":"oxfam-puts-spotlight-on-wealth-inequality-as-wef-gets-underway","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/oxfam-puts-spotlight-on-wealth-inequality-as-wef-gets-underway","title":{"rendered":"Oxfam puts spotlight on wealth inequality as WEF gets underway"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mauritius. <\/strong><\/span>As the World Economic Forum kicks off in Davos, Oxfam is putting the spotlight on wealth inequality. According to the anti-poverty group, billionaires wealth increased 3 times faster last year than in 2023, whereas the number of those in the world living in poverty has barely changed.<\/p>\n<p>The statistc uncovered by the organisation have troubled its officials.<\/p>\n<p>Amitabh Behar, executive director of Oxfam International, said, &#8220;on the one hand, you see the billionaire wealth explode a: nd explode enormously. On the other hand, you see 44% of the global population, which is 3.6 billion people, still living below the poverty line. And that is what we had the numbers in 1990. So you don&#8217;t see any change, you still have 3.6 billion people living below the poverty line.&#8221;<\/p>\n<p>3000 people including government officials and business executives are gathering in Davos for the forum.<\/p>\n<p>It coincides with billionaire Donald Trump&#8217;s inauguration as U.S. president ; outgoing President Joe Biden recently called for billionaires to start to \u2018pay their fair share\u2019.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Mauritius<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mauritius. As the World Economic Forum kicks off in Davos, Oxfam is putting the spotlight on wealth inequality. According to the anti-poverty group, billionaires wealth increased 3 times faster last year than in 2023, whereas the number of those in the world living in poverty has barely changed. The statistc uncovered by the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":50424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5531,5532,241,4397,3898],"class_list":["post-50425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-davos-2024","tag-inequalities","tag-mauritius","tag-oxfam","tag-world-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oxfam puts spotlight on wealth inequality as WEF gets underway - Mauritius<\/title>\n<meta name=\"description\" content=\"As the World Economic Forum kicks off in Davos, Oxfam is putting the spotlight on wealth inequality. 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