Monday, January 19, 2015

Oxfam: 1% of the population on the way to hold over half of … – Business Journal – Portugal

Oxfam: 1% of the population on the way to hold over half of … – Business Journal – Portugal

In the calculations of the organization British non-governmental, in 2016 the accumulated wealth by the richest 1% will exceed the remaining 99% held by. “The breadth of global inequalities is dizzying”, denounced Winnie Byanyima, Director General of Oxfam.

On the eve of the start of the Davos World Economic Forum, the non-organization British government Oxfam released a new report which anticipates an increase in inequality, calculating the accumulated wealth by the richest 1% has risen from 44% to 48% between 2009 and 2014 and should exceed 50% next year.

“The breadth of global inequalities is dizzying”, denounced Winnie Byanyima, Director General of Oxfam, to appeal to international leaders to attack “the private interests of heavyweights that are an obstacle to a more just world and more prosperous. “

In a statement, Oxfam calls on States to adopt a plan to combat inequalities, against tax evasion, the promotion of free public services, with more taxes on capital and less about work, creating minimum wages or through the creation of social protection systems for the poor.

The Oxfam director general will co-chair the 45th edition of the World Economic Forum will be held from Wed and Saturday in Davos, and which will, among others, with the presence of German Chancellor Angela Merkel, French President François Hollande, the head of the Italian Government Matteo Renzi, the Chinese Prime Minister Li Kepiang, and the Secretary of State US, John Kerry.

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