"New gilded age" reaches new heights with world’s billionaires owning staggering $6 trillion
Blog / 30th November 2017In an analysis (pdf) published Thursday that throws into stark relief the “unjust and unsustainable” nature of what economists have termed the New Gilded Age, the Swiss financial firm UBS found that the wealth of the world’s billionaires grew by 17 percent in 2016, bringing their combined fortune to a record $6 trillion — more than double the gross domestic product of the United Kingdom. N
A cop out at COP23?
Blog / 30th November 2017Despite a few victories, the UN’s annual climate change conference ended without achieving its goals or injecting a sense of much needed urgency.
The real cost of the Paradise Papers is the millions of unseen victims of tax avoidance in the world’s poorest countries
Blog / 15th November 2017Tax dodgers may not be literally stealing medicines from the pockets of the poorest. But they are depriving poor countries of billions that could be invested in healthcare – and the reality of under-resourced health services is brutal, writes Rebecca Gowland.
There can be no genuine tax reform without addressing hidden wealth
Blog / 10th November 2017The recently leaked Paradise Papers underscore the need to crack down on tax dodging instead of passing another giveaway for the wealthy, writes Chuck Collins for Inequality.org
Ahead of COP23 climate talks, tens of thousands march demanding end to ‘era of fossil fuels’
Blog / 7th November 2017Just days before world leaders are set to gather in Bonn, Germany for the annual United Nations Climate Change Conference (COP23), tens of thousands of activists from across the globe kicked off a series of planned actions on Saturday by taking to the streets to demand an end to coal, denounce U.S. President Donald Trump’s climate denial, and highlight the necessity of moving toward 100 percent renewable energy as quickly as possible.