How much of the world's created wealth in 2017 went to the population's poorest half? You guessed right - none of it.
Many leaders at this year's World Economic Forum on ASEAN are deeply concerned about the widening gap between rich and poor. But solutions to the problem are thin on the ground.
Oxfam's latest report on wealth inequality describes how a wealthy elite accumulates vast fortunes while the poorest go without. But the charity has been criticized as offering a too simplistic view of the imbalances.
In a big push for corporate social responsibility, billionaire BlackRock CEO calls on S&P 500 companies to acknowledge their societal impact and evolve to fulfill it, or else. Lindsey Rae Gjording reports from New York.
The world's eight richest businessmen own as much wealth as half the world's population combined, according to an Oxfam report. Inequality is "more shocking than ever before," the aid group says.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version