Pandemic creates new billionaire every 30 hours-now a million people could fall into extreme poverty at same rate in 2022

As the rich and powerful from across the globe gathered in the Swiss town of Davos for the World Economic Forum Annual Meeting 2022, Oxfam International Today said the COVID-19 pandemic has seen one new billionaire emerging every 30 hours, while nearly one million people could be pushed into extreme poverty every 33 hours in … Read more

Irish billionaires increased their wealth over 50% during the pandemic

Ireland’s nine billionaires increased their wealth by 58 per cent since the start of the pandemic. According to a study by Oxfam, wealth of Ireland’s nine billionaires has increased by €18.3 billion (58%) to €49.7 billion since the start of the pandemic.  Oxfam Ireland has called for extreme wealth in Ireland and around the world … Read more