World Economic Forum (WEF)
Argentina’s far-right libertarian president warns in Davos, “the West is in danger”

The Argentine president also said that “socialism is an impoverishing model that failed”, blamed the economic crisis on “radical feminism” and denied climate change.

The rich get richer while global poverty deepens in “decade of division”

Wealth accumulation by the rich has risen to the point that the world could see its first trillionaire within a decade. Meanwhile, it will take more than 200 years to end global poverty, a report by Oxfam International has found.

World’s richest 1% captured over 63% of all wealth created since 2020: Oxfam

An Oxfam report notes that the richest 1% of the world’s population captured over USD 26 trillion (nearly 63%) of the USD 42 trillion created since 2020, nearly twice the USD 16 trillion (37%) that went to the rest of the population

Corporate takeover of multilateralism deals more blows to right to health

The People’s Working Group on Multistakeholderism published new report on corporate takeover of multilateral institutions, reducing people’s chances of safeguarding essential human rights

Amid backlash World Economic Forum launches “Global Center for Urban Transformation” in Detroit

Activists say city is “model for urban destruction” thanks to big banks and billionaire capitalists like those who attend the WEF