COVID19 Pandemic Winners & Losers So Far
Oxfam projects that by 2030, 3.3 billion people will be living on less than $5.50 per day.
Noting that COVID-19 may have begun as a health crisis but has become an economic one now, Oxfam said the wealthiest 10 per cent have amassed 45 per cent of the national wealth while the share of the bottom 50 per cent of the population is a mere 6 per cent.
New Delhi: The fortunes of Indian billionaires grew by an astronomical 35 per cent per day last year, or by Rs 2,200 crore daily, while the poorest 10 per cent of the country have continued to remain in debt since 2004, according to an OXfam report released on Monday. The report “Public Good or Private […]
London: The Haiti and Chad sex scandals involving aid workers from the British charity Oxfam claimed its first high-profile casualty on Monday when the charity’s deputy CEO resigned. “As Programme Director at the time Oxfam workers were in Chad and later in Haiti after its 2010 earthquake, I take full responsibility,” said Penny Lawrence, reported […]