The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.
Billionaire wealth surged in 2024, says Oxfam
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.
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.
Eighteen ‘Social Entrepreneurs and Innovators of the Year’ from across the world recognised for “extraordinary achievements” by Hilde Schwab.
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.
BILLIONAIRES’ CLUB: With Trump taking office, the Davos set arrives on the Magic Mountain this year with newfound swagger. Even as the rest of the world frets about Trump’s threats of a trade war, Wall Street has never had it so good, as your Global Playbook author reports in this story.
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.
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 ...
In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be passed down to heirs.
Put JPMorgan Chase CEO Jamie Dimon in the camp that's just fine with President Trump's potential tariffs. Speaking from the World Economic Forum in Davos, Switzerland, Dimon had this to say to CNBC's Andrew Ross Sorkin: "If it's a little inflationary,
The World Economic Forum has officially begun. What's at stake for the global development world? We bring you the chalet play-by-play in this Newswire special edition.