Monday, May 23, 2022
Billionaire wealth has increased to staggering levels amid the COVID-19 pandemic, with a new billionaire being created every 30 hours over the past two years (573 in total), per a new report from Oxfam. Meanwhile, this year alone Oxfam expects more than 260 million people to be pushed into extreme poverty - or living on less than $1.90 per day - worldwide, a rate of 1 million people falling into extreme poverty every 33 hours.
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