Home News World’s richest 2,000 people hold more than poorest 4.6 billion combined: Oxfam

World’s richest 2,000 people hold more than poorest 4.6 billion combined: Oxfam

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World's richest 2,000 people hold more than poorest 4.6 billion combined: OxfamThe world’s richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid work by women and girls adds three times more to the global economy each year than the technology industry, Oxfam said on Monday. In its “Time to Care” report, Oxfam said it estimated that unpaid care work by women added at least $10.8 trillion a year in value to the world economy – three times more than the tech industry. To highlight the level of inequality in the global economy, Behar cited the case of a woman called Buchu Devi in India who spends 16 to 17 hours a day doing work like fetching water after trekking 3km, cooking, preparing her children for school and working in a poorly paid job.

Source: Yahoo.com