New ‘oligarchy’ under fire as elites descend on Davos
Davos (Switzerland) (AFP) - A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed ...
Tuesday, May 12, 2026
Tag: inequality
Trio wins economics Nobel for work on wealth inequality
Stockholm (AFP) - The Nobel prize in economics was awarded on Monday to Turkish-American Daron Acemoglu and British-Americans Simon Johnson ...
Plan to tax super-rich divides at G20 meet in Rio
Rio de Janeiro (AFP) - Brazil's vision for a global deal to tax the ultra-rich sparked divisions Thursday at a ...
World’s richest 1% gained $40 tn in a decade: Oxfam
Paris (AFP) - The world's richest one percent increased their fortunes by a total of $42 trillion over the past ...
G20 hears a $250-billion-a-year idea: tax the super-rich
Sao Paulo (AFP) - French economist Gabriel Zucman brought a $250-billion-a-year idea to top policy makers from the world's biggest ...
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