Oxfam India's inequality report draws attention to the county's unequal healthcare story hit further by Covid-19
Group says global military spending increased by $51 billion during the pandemic: an amount that exceeds by at least six times what the U.N. needs to stop hunger.
Calling the coronavirus pandemic the world's worst public health crisis in a 100 years, the report said it triggered an economic crisis comparable in scale only with the Great Depression of the 1930s
Oxfam said the richest 1,000 people have already managed to recoup the losses they recorded in the early days of the pandemic because of the bounce back in stock markets
Following the changes, it will retain a physical presence in 48 countries, six of which it will explore as new independent affiliate members, including Indonesia and Kenya
With resources more scarce than ever, it is vital the government implemented the Sachar Committee's recommendations in earnest
The gap between the top 1 per cent and the bottom 50 per cent of the population just keeps expanding, global non-profit organisation Oxfam said in its latest annual report on income inequality
The report flagged that global inequality is shockingly entrenched and vast and the number of billionaires has doubled in the last decade, despite their combined wealth having declined last year
In its "Time to Care" report, Oxfam said it estimated that unpaid care work by women added at least $10.8 trillion a year in value to the world economy - three times more than the tech industry
India's richest 1% get richer by 39% in 2018 while the bottom-half sees just 3% rise: Oxfam
Unpaid work done by women worth 43-times Apple's annual turnover
Study will show disparity among states and capture the govt's expenditure and its intent
Globally, 8 billionaires have the same amount of wealth as the poorest 50% of the world's population
Nobel laureate Angus Deaton and bestselling author Thomas Piketty joined more than 300 fellow economists in arguing there is "no economic justification" for tax havens as policy makers prepare to meet in London for anti-corruption talks.In a letter organised by the charity Oxfam, the economists said "territories allowing assets to be hidden in shell companies or which encourage profits to be booked by companies that do no business there are distorting the working of the global economy."Such offshore holdings undermine the ability of governments to collect taxes, and politicians should respond by requiring companies to report taxable activities in every country they have operations in.The letter was released as tax havens receive fresh focus in the light of the release of the so-called Panama Papers, millions of legal documents related to secret shell companies. UK Prime Minister David Cameron will host a summit in London on Thursday aimed at beating corruption.Other signatories to the