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The gap between the super-rich and the poorest half of the global population is starker than previously thought, with just eight men, from Bill Gates to Michael Bloomberg, owning as much wealth as 3.6 billion people, according to an analysis by Oxfam released Monday.
Presenting its findings on the dawn of the annual gathering of the global political and business elites in the Swiss ski resort of Davos, anti-poverty organization Oxfam says the gap between the very rich and poor is far greater than just a year ago. It’s urging leaders to do more than pay lip-service to the problem.Source: ABC
President-elect Donald Trump does not have the traditional cadre of Washington insiders and donors to build out his Cabinet, but his transition team has spent the past several months quietly building a short list of industry titans and conservative activists who could comprise one of the more eclectic and controversial presidential Cabinets in modern history.Source: Politico