We talk to asset managers, luxury-goods dealers and a sociologist about the wealthy – and how they do it. In 2017, around 80 percent of the wealth generated globally went to just one percent of the population.
The gap between the rich and the poor has been widening in most countries. Economists are analyzing the potential consequences, among them pundits at the IMF which is holding its spring meeting in Washington this week.
Many of the economic problems facing eastern Germany are similar to those in western Germany and most of Europe. So, why is xenophobia so much worse in the East?
A vast deposit of hard-rock lithium could bring riches to Peru, but it also poses environmental and societal questions. The megaproject would take place in an archeological zone that is also rife with poverty.
Numbers from a forthcoming government study indicate that more and more Germans are either very rich or very poor. Are the state's income equity programs failing its citizens, or are new solutions needed?
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