Rich and Richer
A new report says that the richest one percent of the world population will be richer than everyone else combined by next year. The executive director at Oxfam cautioned that this financial inequality is holding back the fight of worldwide poverty. One in nine people don't have enough to eat, one in three people live in poverty, and more than a billion people live on just $1.25 per day. This is such a problem because the inequality decreases economic growth around the world. Meetings held on January 19 have raised awareness at Oxfam and elsewhere.
This video gives information about the income and financial inequalities. There are important statistics about this topic.
Here are some wikipedia sites with more information:
Here are some other interesting websites:
http://www.cnn.com/2015/01/19/world/wealth-inequal... CNN gives information from Oxfam and other sources, as well as showing an educational broadcast.
http://news.yahoo.com/obama-focus-wealth-inequalit... On Tuesday 20, 2015, President Obama is planning to speak about the financial inequalities in the world.
http://inequality.org/wealth-inequality/ What is wealth inequality? This website gives more information about it.
Jon Slater. “Richest 1% will own more than all the rest by 2016.” Oxfam. <http://www.oxfam.org/en/pressroom/pressreleases/20...>. 1/19/15.
Faith Karimi. “Wealthiest 1% will soon own more than rest of us combined, Oxfam says.” CNN. <http://www.cnn.com/2015/01/19/world/wealth-inequal...>. 1/19/15.
Jon Slater. “Richest 1% will own more than all the rest by 2016 - Oxfam.” Oxfam. <http://www.oxfam.org.uk/blogs/2015/01/richest-1-pe...>. 1/19/15.
Jerry Muzsik. “World economy.” Wikipedia. <http://en.wikipedia.org/w/index.php?title=World_ec...>. 1/20/15.
“The rich get richer and the poor get poorer.” Wikipedia. <http://en.wikipedia.org/wiki/The_rich_get_richer_a...>. 1/20/15.
“Bill Gates.” Wikipedia. <http://en.wikipedia.org/wiki/Bill_Gates>. 1/20/15.
“The World's Billionaires.” Wikipedia. <http://en.wikipedia.org/wiki/The_World%27s_Billion...>. 1/20/15.