Tag: World Economic Forum

Economy not good. ‘Reward Work, Not Wealth’ reveals how the global economy enables a wealthy elite to accumulate vast fortunes while hundreds of millions of people are struggling to survive on poverty pay. It would cost $2.2 billion a year to increase the wages of all 2.5 million Vietnamese garment workers to a living wage. Across the world, women consistently earn less than men and are usually in the lowest paid and least secure forms of work. Oxfam is calling for governments to ensure our economies work for everyone and not just the fortunate few: Limit returns to shareholders and top executives, and ensure all workers receive a minimum ‘living’ wage that would enable them to have a decent quality of life. At current rates of change, it will take 217 years to close the gap in pay and employment opportunities between women and men. Oxfam estimates a global tax of 1.5 percent on billionaires’ wealth could pay for every child to go to school. Results of a new global survey commissioned by Oxfam demonstrates a groundswell of support for action on inequality. “It’s hard to find a political or business leader who doesn’t say they are worried about inequality. They want to see workers paid a living wage; they want corporations and the super-rich to pay more tax; they want women workers to enjoy the same rights as men; they want a limit on the power and the wealth which sits in the hands of so few.

Delegation led by Treasury Sec. Mnuchin will no longer attend summit in Davos. #SpecialReport #FoxNews FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as well as political and business news. The number one…

The Story: On January 12, 2019, Julián Castro, former Secretary of Housing and Urban Development, announced that he is running for the Democratic Party's...

The Story:  Every year in late January, the World Economic Forum hosts a forum in Davos, Switzerland that brings together top business and political leaders...

The Story:  Every year in late January, the World Economic Forum hosts a forum in Davos, Switzerland that brings together top business and political leaders...