Windfall profits
Big companies earned over USD 1 trillion of profit in 2022, says joint Oxfam and Action Aid study
The study recommends that governments impose a windfall tax on these excessive profits and use the money raised to carry out social security programs to tackle a range of issues including the cost of living crisis, poverty, hunger, and climate change
- Brazil approves end to 6×1 work schedule and reduction of the work week to 40 hours
- Israel kills 31 people in Lebanon on the eve of Eid al-Adha
- Israel carries out sixth consecutive Eid massacre in Gaza
- Far-right Janez Janša to return for fourth government term in Slovenia
- With peace deal nearly final, US launches fresh attacks on Iran
