As the cost of essential goods rises faster than it has in decades, billionaires in the food and energy sectors are increasing their fortunes by $1 billion every two days, according to Oxfam.
Over a quarter of a billion more people could crash into extreme levels of poverty in 2022 because of COVID-19, rising global inequality and the shock of food price rises supercharged by the war in Ukraine, reveals a new Oxfam brief.
The COVID-19 death toll has been four times higher in lower-income countries than in rich ones, according to a new report published by Oxfam on behalf of the People’s Vaccine Alliance.
