As the World Economic Forum kicks off in Davos, the charity Oxfam has issued its annual report on wealth, poverty and inequality. It makes some bold assertions. But there are skeptics.

Davos | 60 Minutes Archive 13:00. Davos, Switzerland — Billionaires ' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the ...

The Congress Center, left, venue for the World Economic Forum (WEF), stands in the town of Davos, Switzerland, on Sunday, Jan. 20, 2019. Jason Alden/Bloomberg/Getty Images Related article Davos is ...

World Economic Forum begins in Davos 04:19. Food companies making big profits as inflation has surged should face windfall taxes to help cut global inequality, anti-poverty group Oxfam said Monday ...

Oxfam believes the rates on the top 1% should be high enough to significantly reduce their numbers and wealth. The funds should then be redistributed. “We do face an extreme crisis of wealth ...

Oxfam International executive director Amitabh Behar poses in Davos during the World Economic Forum (WEF) annual meeting on Jan. 20, 2025. Oxfam's latest report, "Takers Not Makers," warns of five ...

The Congress Center, left, venue for the World Economic Forum (WEF), stands in the town of Davos, Switzerland, on Sunday, Jan. 20, 2019. Jason Alden/Bloomberg/Getty Images Related article Davos is ...

Oxfam has enraptured us all by continuing their annual tradition of releasing a report to coincide with the World Economic Forum in Davos. And as in previous years it's about inequality, how the ...

But he notes that in reality, Davos was born in the 1990s at the peak of globalization – a time when the Oxfam report had more influence on discussions and solutions to creating a more equitable ...

DAVOS, Switzerland (AP) — Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world's political and financial ...

As it does ahead of each Davos Forum, the Britain-based non-governmental organization Oxfam International released its annual report on the worsening state of global inequality.