Oxfam

EghtesadOnline: The global economy created a record number of billionaires last year, exacerbating inequality amid a weakening of workers’ rights and a corporate push to maximize shareholder returns, charity organization Oxfam International said in a new report.

EghtesadOnline: Leading poverty charity Oxfam has condemned the UK’s massive arms deals with Saudi Arabia, blasting the British government as “one of the most significant violators” of the international Arms Trade Treaty (ATT).

EghtesadOnline: The current condition of global economic inequality should be of concern to all. An Oxfam report published this year titled, “An economy for the 1%”, revealed that “the richest 1% now have more wealth than the rest of the world combined.”