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Social / CSR in Estonia

  • 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.
  • Every sixth Estonian lives in relative poverty

    ESTONIA, 2013/01/09 The percentage is believed to be even higher if the gain of the people had not been increasing and unemployment decreasing, the national statistics agency says. Without social transfers such as national benefits and pensions, at-risk-of-poverty rate is as high as 40.1%, reports bbn.ee. It should be added that in 2011 a person was considered to be at-risk-of-poverty if his or her monthly equalised disposable gain was below 299 euros (280 euros in 2010).