ecns [expanded by feedex.net]: 1% people control world's wealth

ecns [expanded by feedex.net]

ecns

1% people control world's wealth
http://www.ecns.cn/business/2016/01-19/196311.shtml
Jan 19th 2016, 00:00





Just 62 people now own the same wealth as half the world's population, a research finds. (File Photo)

Wealth inequality has grown to the stage where 1% people control world's wealth, or 62 of the world's richest people own as much as the poorest half of humanity combined, according to the report "An Economy for the 1%".
The research, conducted by the charity Oxfam, says the gap between the global richest and the global poorest has widened in just the last 12 months. In 2011, 388 people had the same wealth as the poorest half of humanity. In 2011 this fell to 177. The number has continued to fall each year to 80 in 2014 and 62 in 2015.
The wealth of the poorest half of the world's population ¡ª 3.6 billion people ¡ª has fallen by 41 per cent, or a trillion U.S. dollars, since 2010. While this group has become poorer, the wealth of the richest 62 people on the planet has increased by more than half a trillion U.S. dollars to 1.76 trillion U.S. dollars.
On our planet, one in every nine people goes to bed hungry each night. Oxfam GB chief executive Mark Goldring said, "It is simply unacceptable that the poorest half of the world population owns no more than a small group of the global super-rich." Therefore, a crackdown on global tax havens was a necessary step towards ending the rampant global inequality, he said.
¡¡¡¡


Chinese rank among world's wealthiest 62Wealth gap widening in China: PKU reportWealth management business to reach $19b in 10 yearsRich Chinese increase wealth and spread riskMillionaires to control nearly half the world's wealth soon




44% of Chinese employers to increase wages as much as 10%PBOC to impose offshore yuan reserve requirementsºï±Ò'Bird friendly' slingshot contest held in SW ChinaWinter swimming contest draws int'l participants


China economy grows 6.9 pct in 2015 Three more arrested for fatal Shenzhen landslide President Xi leaves for visits to Saudi Arabia, Egypt, Iran Fosun deal could kick-start new era for soccer industry KMT says it's time for review after rout in vote





You are receiving this email because you subscribed to this feed at https://blogtrottr.com

If you no longer wish to receive these emails, you can unsubscribe here:
https://blogtrottr.com/unsubscribe/qhG/Zc7fXt