Profiting from Pain | Oxfam On How Covid Deepened Economic Divide | Mirror Metro | Latest News
May 24, 2022
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8:30Now PlayingProfiting from Pain | Oxfam On How Covid Deepened Economic Divide | Mirror Metro | Latest News
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as posted by the channelAs the cost of essential goods rises faster than it has in decades, billionaires in the food and energy sectors are increasing their fortunes by $1 billion every two days. For every new billionaire created during the pandemic one every 30 hours nearly a million people could be pushed into extreme poverty in 2022 at nearly the same rate, reveals a new Oxfam brief on Monday. “Profiting from Pain” is published as the World Economic Forum the exclusive get-together of the global elite in Davos takes place for the first time face-to-face since Covid-19, a period during which billionaires have enjoyed a huge boost to their fortunes. We are joined by Inequality Campaign Lead, Anjela Taneja to share more on this. "Wage gap between men and women now expected to close at 136 years," says Inequality Campaign Lead, Anjela Taneja.
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