"Rising Inequality: World on Track for First Trillionaire Within a Decade"

Oxfam International warns that the world is on track to produce its first trillionaire within a decade, while the wealth gap has been "supercharged" during the pandemic, with the fortunes of the five richest men doubling since 2020. The organization highlights that nearly 5 billion people have become poorer, emphasizing the urgent need for measures to address inequality, such as permanent taxation of the wealthiest individuals, more effective taxation of large corporations, and a renewed effort against tax avoidance.