This is a Davos news story, published by ABC News, that relates primarily to Oxfam International news.
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79% Informative
Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos summit.
Oxfam International predicts at least five trillionaires will crop up over the next decade .
The group's sharp-edged report, titled “ Takers Not Makers ,” also says the number of people in poverty has barely budged since 1990 .
Forum organizers last week issued a survey conducted among 900 experts for “ Global Risks Report ,” which found that conflicts between countries was the top concern, followed by extreme weather, economic confrontation, misinformation and disinformation, and “societal polarization” — a nod to the gap between rich and poor. As in past years , protesters calling for more economic equality, taxing the rich and pressing other demands took to the streets. Some blocked roads to Davos , snarling traffic in places and delaying trips for some attendees to the event, which runs through Friday ..
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