Category: MONEY

Study: 8 people have same wealth as world’s poorest half

Oxfam released its latest study on income inequality before World Economic Forum in Davos. Source: Study: 8 people have same wealth as world’s poorest half

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Damning inequality report haunts Davos – Reuters

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Davos kicks off as Trump era dawns – Reuters

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The rise of the cashless city: ‘There is this real danger of exclusion’ | The Guardian

Scrolling through my online bank statements at Christmas, I was surprised to find I had not removed cash from an ATM for well over four months. Thanks to the ubiquity of electronic payment systems, it has become increasingly easy to glide around London to a chorus of approving bleeps. As more shops and transport networks […]

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Davos elite promise global solutions, but they’re part of the problem – MarketWatch

Each year in late January, global leaders — politicians, bureaucrats, corporate executives, and public intellectuals — make a pilgrimage to the Swiss town of Davos for the World Economic Forum. Demand is so great, and growing, available accommodations soon may not be sufficient.These 2,000 or so elites (0.00003% of the world’s population) are the Davos […]

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