Tag #Wealth Inequality

Showing 13 to 24 of 99 results

elpais.com
🌐 85% Global Worthiness
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Market Correction Erases $392 Billion from Global Fortunes

The 2025 market correction wiped out $392 billion from the world's top ten wealthiest individuals, primarily due to the decline in technology stocks following an initial surge after Donald Trump's victory and exacerbated by trade wars and economic uncertainty. This affected technology giants like El...

Progress

48% Bias Score

Reduced Inequality
taz.de
🌐 90% Global Worthiness
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Billionaires' Political Influence Threatens Democracy

The life of Johan Jakob Astor, inspiration for Scrooge McDuck, reveals a pattern of billionaire political influence, exemplified by the Koch brothers' funding of Republican campaigns, and the Atlas Network's fight against climate action, ultimately threatening democratic institutions.

Progress

52% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Golden Exploitation: Wealthy Families and Domestic Staff

A former au pair describes working for three wealthy families in Paris and China, revealing a system of 'golden exploitation' where high salaries mask the underlying power imbalance and social inequalities perpetuated through seemingly beneficial employment.

Progress

64% Bias Score

Reduced Inequality
nbcnews.com
🌐 85% Global Worthiness
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Economic Blackout" Protest Planned for February 28th

A social media-driven "economic blackout" protest is planned for February 28th, urging consumers to boycott nonessential spending to pressure corporations amid rising prices and economic uncertainty, with additional protests planned for later in the year.

Progress

40% Bias Score

Reduced Inequality
nbcnews.com
🌐 75% Global Worthiness
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Economic Blackout" Protest Planned for February 28th

On February 28th, a planned "economic blackout" protest encourages US consumers to avoid non-essential spending to counter corporate greed, spurred by rising prices and record debt; the movement, initiated by John Schwarz, has garnered significant online support from celebrities and organizations.

Progress

44% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Spanish Elite Wealth Surges 16.4% in 2024

In 2024, Spain's 200 wealthiest families saw their combined wealth increase by 16.4% to €373.055 billion, fueled by stock market gains, thriving tourism, and investment fund activity, exceeding the previous year's 16.1% growth and marking a 53% rise since 2020.

Progress

56% Bias Score

Reduced Inequality
jpost.com
🌐 85% Global Worthiness
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Musk and Trump's Assault on Social Security

Elon Musk and Donald Trump are leading efforts to cut Social Security spending by $880 billion, potentially raising the retirement age and reducing benefits, despite public denials; this is part of a broader plan to offset tax cuts for the wealthy.

Progress

56% Bias Score

No Poverty
theguardian.com
🌐 85% Global Worthiness
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UK's Wealthiest Contribute Disproportionately to Climate Change Despite Green Investments

A University of Bath study found that while Britain's wealthiest 10% are more likely to invest in green technologies and support climate policies, their high consumption habits and underestimation of their carbon footprint significantly exacerbate climate change, creating a contradiction between int...

Progress

36% Bias Score

Climate Action
smh.com.au
🌐 85% Global Worthiness
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Schwarzman's $1 Billion Blackstone Payday Amidst Carried Interest Debate

Blackstone CEO Steve Schwarzman earned over $US1 billion in 2024, primarily from dividends, exceeding his 2023 income by 11.5 percent, while other key executives saw a decrease in carried interest, reflecting market conditions.

Progress

60% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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US Budget, German Election Results Exacerbate Global Wealth Inequality

The US is considering a budget including $3.6 trillion in tax cuts for the wealthy, coupled with cuts to social programs, while a newly elected German government might implement similar policies. These developments, in already unequal nations, could further exacerbate global wealth inequality, curre...

Progress

44% Bias Score

Reduced Inequality
lexpress.fr
🌐 85% Global Worthiness
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France Passes Wealth Tax on Richest 0.01%

France's National Assembly approved a bill implementing a minimum 2% wealth tax on the wealthiest 0.01% of taxpayers, aiming to generate €15-25 billion and address wealth inequality, despite government opposition fearing capital flight.

Progress

52% Bias Score

Reduced Inequality
lemonde.fr
🌐 85% Global Worthiness
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French Billionaires Avoid Income Tax Through Family Holding Companies

New research reveals that despite France's high overall tax burden, its billionaires effectively avoid income tax due to the untaxed nature of dividends from family holding companies; this situation, while costing the state a negligible amount, highlights a significant loophole and points to the nee...

Progress

52% Bias Score

Reduced Inequality

Showing 13 to 24 of 99 results