AFP, DAVOS, SwitzerlandThe world’s billionaires have doubled in the past decade and are richer than 60 percent of the global population, the UK-based charity Oxfam said yesterday. “Our broken economies are lining the pockets of billionaires and big business at the expense of ordinary men and women. No wonder people are starting to question whether billionaires should even exist,” Oxfam India head Amitabh Behar said. Oxfam’s figures are based on data from Forbes magazine and Swiss bank Credit Suisse Group AG’s Global Wealth report, but they are disputed by some economists. “Across the globe, 42 percent of women cannot get jobs because they are responsible for all the caregiving, compared to just 6 percent of men,” the Oxfam report said.

Source: Taipei Times January 20, 2020 15:56 UTC