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Social / CSR in New Zealand
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Oxfam Study Finds Richest 1% Is Likely to Control Half of Global Wealth by 2016
AFGHANISTAN, 2015/01/20 The richest 1 % are likely to control additional than half of the globe’s total wealth by next year, the charity Oxfam reported in a study released on Monday. The warning about deepening world inequality comes just as the world’s business elite prepare to meet this week at the annual World Economic Forum in Davos, Switzerland. The 80 wealthiest people in the world all own $1.9 trillion, the statement found, nearly the same all shared by the 3.5 billion people who occupy the bottom half of the world’s gain scale. (Last year, it took 85 billionaires to equal that figure.) And the richest 1 % of the people, who number in the millions, control nearly half of the world’s total wealth, a share that is as well increasing. -
As millions face the threat of starvation in East Africa, 2011-07-13
NEW ZEALAND, 2011/07/13 As millions face the threat of starvation in East Africa, New Zealanders are responding quickly and generously with nearly $50,000 raised so far. "This emergency is affecting millions of people in Kenya, Ethiopia and Somalia and fortunately Save the Children is already on the ground working to help people affected," CEO Liz Gibbs said.
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