Tag #Oxfam

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sueddeutsche.de

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Jun 5, 19:13

Record Global Wealth Inequality: $90.5 Trillion for the Richest Amid Unchanged Poverty

Global wealth inequality reached a record high in 2024, with the richest possessing $90.5 trillion while global poverty remains unchanged since 1990; Germany mirrors this trend, with the top 10% owning over half the national wealth.

Record Global Wealth Inequality: $90.5 Trillion for the Richest Amid Unchanged Poverty

Global wealth inequality reached a record high in 2024, with the richest possessing $90.5 trillion while global poverty remains unchanged since 1990; Germany mirrors this trend, with the top 10% owning over half the national wealth.

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How does the disparity in wealth distribution within Germany reflect broader global trends in economic inequality?

This widening wealth gap, where the top 10% of households in Germany own over half the national wealth while the bottom half possesses only 3%, mirrors a global trend. Despite economic growth since 1990, global poverty levels remain unchanged, highlighting a systemic failure in wealth distribution.

liberation.fr

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May 1, 04:13

CEO Pay Soars 50% Since 2019, Exceeding Employee Salary Growth by 56 Times

Oxfam's May 1st report reveals that within an hour, top CEOs will earn as much as their employees earn in a year, with a 50% increase in CEO pay since 2019 compared to a meager 0.9% increase in employee salaries, highlighting a global systemic issue.

CEO Pay Soars 50% Since 2019, Exceeding Employee Salary Growth by 56 Times

Oxfam's May 1st report reveals that within an hour, top CEOs will earn as much as their employees earn in a year, with a 50% increase in CEO pay since 2019 compared to a meager 0.9% increase in employee salaries, highlighting a global systemic issue.

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What are the potential long-term consequences of this widening CEO-employee pay gap on societal stability and economic growth?

This systemic issue highlights persistent inequalities. Women CEOs represent only 5.7% of the sample, and female employees earn 16.7% less than their male counterparts. In France, the pay ratio between CAC 40 executives and employees reached 94 in 2023, up from 74 in 2014.

es.euronews.com

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May 1, 22:14

Global CEO Salaries Soar 50% Since 2019, Outpacing Worker Pay Growth by 56 Times

Oxfam's International Workers' Day report reveals a 50% real-terms surge in global average CEO salaries since 2019, compared to a mere 0.9% rise in average worker pay, highlighting a 56-fold difference in salary growth across 35 surveyed countries.

Global CEO Salaries Soar 50% Since 2019, Outpacing Worker Pay Growth by 56 Times

Oxfam's International Workers' Day report reveals a 50% real-terms surge in global average CEO salaries since 2019, compared to a mere 0.9% rise in average worker pay, highlighting a 56-fold difference in salary growth across 35 surveyed countries.

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What is the most significant finding from Oxfam's report on CEO-to-worker pay disparity, and what are its immediate implications?

The average CEO salary globally surged 50% in real terms since 2019, while average worker salaries increased by only 0.9% during the same period. This represents a 56-fold difference in salary growth, according to Oxfam's report released on International Workers' Day. The disparity highlights the widening gap between executive compensation and worker wages.

welt.de

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Mar 6, 10:10

German Billionaires: Gender Wealth Gap Highlights Systemic Inequality

Oxfam and the Steuergerechtigkeit network's study reveals that 71 percent of Germany's billion-dollar fortunes are owned by men, while only 29 percent are owned by women, due to regressive tax policies and inheritance practices favoring men. The study analyzed 249 individuals and families listed in ...

German Billionaires: Gender Wealth Gap Highlights Systemic Inequality

Oxfam and the Steuergerechtigkeit network's study reveals that 71 percent of Germany's billion-dollar fortunes are owned by men, while only 29 percent are owned by women, due to regressive tax policies and inheritance practices favoring men. The study analyzed 249 individuals and families listed in ...

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How does the current tax system in Germany contribute to the unequal distribution of wealth between genders, according to the study?

The study, the first of its kind to analyze the distribution of billion-dollar fortunes in Germany by gender, found that men disproportionately benefit from regressive taxes on high incomes and inheritances. Women receive smaller inheritances and gifts, contributing to their lower overall wealth.

es.euronews.com

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Jan 21, 01:09

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.

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.

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What are the immediate economic and social consequences of the rapid increase in billionaire wealth, exceeding the eurozone's GDP?

In 2024, the wealth of billionaires surged by $2 trillion, reaching a combined $15 trillion—equivalent to the entire eurozone's GDP. This rapid accumulation, three times faster than the previous year, contrasts sharply with the stagnant poverty rates.

theguardian.com

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Jan 20, 04:08

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.

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.

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How does the origin of Australia's billionaire wealth relate to historical injustices and current socioeconomic disparities?

The report highlights a correlation between Australia's billionaire wealth and resource extraction from Indigenous lands, with 35% of billionaire wealth attributed to inheritance and the lasting effects of colonialism. This concentration of wealth exacerbates existing inequalities, as one-third of First Nations people are among the poorest 20% of the population.

taz.de

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Jun 4, 22:13

German Millionaire Count Drops Amidst Global Wealth Surge

Germany experienced a 2.5% decrease in millionaires in 2024, to 41,000 fewer than the previous year, while global numbers increased by 2.6%, according to Capgemini's World Wealth Report 2025; this is mainly due to economic stagnation in major European countries, but total wealth of the rich still in...

German Millionaire Count Drops Amidst Global Wealth Surge

Germany experienced a 2.5% decrease in millionaires in 2024, to 41,000 fewer than the previous year, while global numbers increased by 2.6%, according to Capgemini's World Wealth Report 2025; this is mainly due to economic stagnation in major European countries, but total wealth of the rich still in...

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What are the key factors contributing to the decrease in the number of millionaires in Germany while global numbers increase, and what are the immediate implications?

The number of millionaires in Germany decreased by 41,000 (2.5%) in 2024, contrasting with a 2.6% global increase. This decline is primarily attributed to economic stagnation in major European countries, according to the Capgemini Research Institute's World Wealth Report 2025. However, the total wealth of the wealthy still increased, indicating a concentration of wealth among the ultra-rich.

forbes.com

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May 1, 04:13

CEO Pay Soars 50% as Income Inequality Widens

Oxfam's 2025 report reveals that the average pay of the world's top corporate CEOs reached \$4.3 million in 2024—a 50% increase in five years—far outpacing worker wage growth and highlighting extreme income inequality exacerbated by tariffs and persistent gender pay gaps.

CEO Pay Soars 50% as Income Inequality Widens

Oxfam's 2025 report reveals that the average pay of the world's top corporate CEOs reached \$4.3 million in 2024—a 50% increase in five years—far outpacing worker wage growth and highlighting extreme income inequality exacerbated by tariffs and persistent gender pay gaps.

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What are the primary factors contributing to the vast difference between CEO compensation and worker wages, and how do policies like Trump's tariffs influence this inequality?

Oxfam's report highlights a systemic issue: wealth funneling upwards while workers struggle. The widening gap between CEO and worker compensation, coupled with the impact of tariffs disproportionately affecting low-income households (reducing disposable income by \$1600-\$2000 per household), points to a lack of economic democracy. This is further compounded by persistent gender inequality, with women effectively working one day a week for free on average.

firenze.repubblica.it

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Apr 10, 22:10

GIO.CO" Project Aids Unaccompanied Minors in Tuscany

Oxfam Italia's "GIO.CO" project in Tuscany provided support to dozens of unaccompanied foreign minors in 2023-2024 through language classes, cultural programs, and creative workshops, aiming for community integration and preventing exploitation, with a final event on April 11th, 2024, in Florence.

GIO.CO" Project Aids Unaccompanied Minors in Tuscany

Oxfam Italia's "GIO.CO" project in Tuscany provided support to dozens of unaccompanied foreign minors in 2023-2024 through language classes, cultural programs, and creative workshops, aiming for community integration and preventing exploitation, with a final event on April 11th, 2024, in Florence.

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What immediate impact did the "GIO.CO" project have on unaccompanied foreign minors in Tuscany?

In Tuscany, the "GIO.CO" project provided crucial support to dozens of unaccompanied foreign minors in 2023-2024, focusing on language skills, cultural understanding, and creative activities like theater and music. This initiative, by Oxfam Italia, aimed to prevent exploitation and promote community integration, addressing the challenges faced by these vulnerable youth upon arrival.

europe.chinadaily.com.cn

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Jan 21, 07:09

Extreme Wealth Inequality: Richest 1 Percent Own 45 Percent of Global Wealth

Oxfam reports that the world's richest 1 percent own 45 percent of global wealth, while 44 percent live on under $6.85 a day, a disparity worsened by the pandemic and the Ukraine conflict, leading to calls for increased taxation on the super-rich.

Extreme Wealth Inequality: Richest 1 Percent Own 45 Percent of Global Wealth

Oxfam reports that the world's richest 1 percent own 45 percent of global wealth, while 44 percent live on under $6.85 a day, a disparity worsened by the pandemic and the Ukraine conflict, leading to calls for increased taxation on the super-rich.

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How have recent global events, such as the pandemic and the war in Ukraine, contributed to the widening disparity between the world's rich and poor?

The widening wealth gap is a systemic issue, with low-income and middle-income countries' workers (90 percent of the global workforce) receiving only 21 percent of global income. This reflects a historical economic structure that siphons wealth from the Global South to the North, creating an "aristocratic oligarchy" of the super-rich.

dw.com

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Jan 21, 10:09

Global Billionaire Wealth Soars to \$15 Trillion Amidst Rising Food Insecurity

Oxfam's report reveals a 204-billionaire increase in 2024, totaling 2,769 billionaires with a combined wealth of \$15 trillion, while 733 million people face food insecurity, highlighting extreme wealth inequality fueled by unfair tax policies.

Global Billionaire Wealth Soars to \$15 Trillion Amidst Rising Food Insecurity

Oxfam's report reveals a 204-billionaire increase in 2024, totaling 2,769 billionaires with a combined wealth of \$15 trillion, while 733 million people face food insecurity, highlighting extreme wealth inequality fueled by unfair tax policies.

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What role do inheritance and tax policies play in contributing to the extreme wealth disparity highlighted by Oxfam's report, specifically considering the German context?

This dramatic wealth disparity is fueled by unfair tax policies favoring the ultra-rich, who often pay less in taxes than middle-class families. This trend, exacerbated by inheritance, where 71% of German billionaires' wealth stems from inheritance compared to a global average of 36%, undermines efforts to alleviate poverty.

aljazeera.com

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Jan 20, 10:08

Billionaire Wealth Soars Threefold in 2024, Oxfam Warns

Oxfam's report, released during the World Economic Forum in Davos, shows that billionaires' wealth globally increased by \$2 trillion in 2024, reaching \$15 trillion, a three-fold increase over 2023's growth rate; the report also predicts the emergence of at least five trillionaires in the next deca...

Billionaire Wealth Soars Threefold in 2024, Oxfam Warns

Oxfam's report, released during the World Economic Forum in Davos, shows that billionaires' wealth globally increased by \$2 trillion in 2024, reaching \$15 trillion, a three-fold increase over 2023's growth rate; the report also predicts the emergence of at least five trillionaires in the next deca...

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How does the origin of billionaire wealth, as detailed in the Oxfam report, contribute to global inequality?

The report highlights that 2,769 billionaires exist worldwide, with at least four new ones created weekly in 2024. Three-fifths of billionaire wealth originates from inheritance, monopolies, or "crony connections," illustrating the concentration of wealth and power.

Showing 1 to 12 of 13 results