Tag #Economic Inequality

lemonde.fr
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French Assembly Passes Bill to Curb Overseas Living Costs

The French National Assembly adopted a Socialist-led bill on January 23rd to combat high living costs in overseas territories, aiming to cap essential goods prices, tackle monopolies, and limit large retailer market share; the bill passed with 180 votes in favor and 1 against.

Progress

36% Bias Score

Reduced Inequality
dw.com
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Davos Protest Highlights Youth Demand for Inclusion in WEF

A small but vocal protest of a few hundred young people against the World Economic Forum (WEF) took place in Davos, Switzerland, highlighting youth dissatisfaction with the perceived lack of inclusivity and focus on the wealthy, while some young leaders are participating in WEF discussions to influe...

Progress

36% Bias Score

Reduced Inequality
dw.com
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North Macedonia: Minimum Living Costs Rise Despite Government Price Controls

The minimum living cost for a four-member family in North Macedonia increased by 391 denars in January 2024, reaching 63,252 denars, despite a government initiative to lower prices; the Trade Union of Macedonia (SSM) claims this indicates inflation is above 10 percent, far exceeding the official rat...

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56% Bias Score

No Poverty
cbsnews.com
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Billionaire Wealth Soars as Global Poverty Remains Stagnant

Oxfam's report reveals that billionaire wealth grew by $2 trillion in 2024, three times faster than in 2023, while global poverty remains largely unchanged since 1990, highlighting extreme wealth inequality.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
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Australian Billionaires' Wealth Soars, Sparking Calls for Wealth Tax

Oxfam Australia reveals that Australia's 47 billionaires, whose wealth increased by A$28 billion in 2024, enjoy an average hourly income exceeding 1,300 times the national average, prompting calls for a wealth tax to address inequality.

Progress

52% Bias Score

Reduced Inequality
dw.com
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Billionaire Wealth Soars to \$15 Trillion Amidst Global Poverty

Global billionaire wealth increased by \$2 trillion in 2024 to \$15 trillion, while 44% of the world's population lives on less than \$6.85 a day, according to an Oxfam report released before the World Economic Forum in Davos.

Progress

60% Bias Score

Reduced Inequality
es.euronews.com
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Billionaire Wealth Surges to $15 Trillion, Exceeding Eurozone GDP

In 2024, the wealth of billionaires globally reached $15 trillion, equivalent to the eurozone's GDP, increasing by $2 trillion—three times faster than the previous year—while global poverty remained largely unchanged since 1990, prompting Oxfam to call for wealth taxes and regulatory changes.

Progress

56% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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Davos Protests Highlight Youth Demand for Global Inclusion

Hundreds of young people protested the World Economic Forum in Davos, Switzerland, criticizing its attendees as responsible for global crises and demanding greater youth inclusion in decision-making processes; counterpoints included the WEF's engagement with young leaders through its Global Shapers ...

Progress

32% Bias Score

Reduced Inequality
theguardian.com
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Labour's Levelling Up Shift Faces Deep Regional Divides

The Labour government renamed the Department for Levelling Up, shifting its focus to national living standards; however, a Centre for Cities report reveals persistent regional economic inequalities, with London workers earning 68% more than those in Burnley, highlighting challenges for Labour's appr...

Progress

40% Bias Score

Reduced Inequality
zeit.de
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Global Billionaire Wealth Soars as Poverty Stagnates

Oxfam's report reveals a global surge in billionaire wealth, reaching 2,769 individuals in 2022, while poverty remains stagnant and hunger rises; Germany, with 130 billionaires, sees 71 percent of their wealth originating from inheritance, highlighting a growing inequality.

Progress

60% Bias Score

Reduced Inequality
forbes.com
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Global Billionaire Wealth Surges by $2 Trillion in 2024

Global billionaire wealth increased by $2 trillion in 2024, three times faster than in 2023, with a significant portion inherited, fueling concerns about inequality and political influence, particularly with the upcoming wealthy Trump administration.

Progress

56% Bias Score

Reduced Inequality
cnbc.com
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Billionaire Wealth Surges to $15 Trillion Amid Stagnant Global Poverty

Oxfam's 2025 report reveals a $2 trillion surge in billionaire wealth to $15 trillion in 2024, the second-largest annual increase on record, while global poverty remains unchanged since 1990, with 44% of the population living below $6.85 per day; Oxfam attributes 60% of billionaire wealth to inherit...

Progress

56% Bias Score

Reduced Inequality