A new analysis says the wealth of just 3,000 billionaires is “more than enough to eliminate annual poverty 22 times over.” ...

Oxfam’s report showed an astronomical rise in the wealth of the richest top 1% over the last decade. Collected, it would be ...

A UN conference to boost support for global development aid begins on Monday as US funding cuts jeopardise the fight against ...

United Nations Secretary-General Antonio Guterres called for renewed global commitment to "rev up the engine of development" ...

An Oxfam report published Wednesday estimates that the richest 1% globally have seen their wealth surge by more than $33.9 trillion over the past decade, with just 3,000 billionaires accounting for $6 ...

"The capture of our global economy by a privileged few has reached heights once considered unimaginable," said Oxfam International Executive Director Amitabh Behar. "The failure to stop ...

Oxfam International executive director Amitabh Behar poses in Davos during the World Economic Forum (WEF) annual meeting on Jan. 20, 2025. Oxfam's latest report, "Takers Not Makers," warns of five ...

"We present this report as a stark wake up-call that ordinary people the world over are being crushed by the enormous wealth of a tiny few," Oxfam executive director Amitabh Behar said.

Global development derailed by ‘extreme inequality’ By the numbers: According to Oxfam, the richest people on Earth increased their wealth by $33.9 trillion since 2015.