May 04, 2024 06:29 (IST)
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Oxfam report claims world’s five richest men more than doubled their fortunes from $405 billion to $869 billion since 2020

Oxfam report claims world’s five richest men more than doubled their fortunes from $405 billion to $869 billion since 2020

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power.

Global food prices down in May: UN

Global food prices down in May: UN

New York, Jun 6 (IBNS): The United Nations Food and Agriculture Organization (FAO) reported on Thursday that global food prices were down for the second straight month in May and that the outlook for worldwide cereal supply has improved considerably since last month.