Super-rich increase their share of world’s income

The share of wealth owned by the world’s richest people soared during the Covid pandemic, a major study on inequality has found. The World Inequality Report said that 2020 saw the steepest increase in billionaires’ wealth on record. Meanwhile, 100 million people sank into extreme poverty, the report from the Paris-based World Inequality Lab said. TheContinue reading “Super-rich increase their share of world’s income”

‘Once the best in the Middle East,’ Beirut hospital pleads for fuel as it faces shutdown

A once-famed Beirut hospital is now pleading for international aid to avoid running out of essential resources. The American University of Beirut Medical Center in Beirut, Lebanon, is making an urgent appeal to the United Nations and its specialized agencies, the World Health Organization and the U.N. Children’s Fund, to supply the hospital with fuel beforeContinue reading “‘Once the best in the Middle East,’ Beirut hospital pleads for fuel as it faces shutdown”

Let’s talk about Pelosi, college debt, and do some supposing – Beau of the Fifth Column

Australia: Government credit agency gave 80 times more money to fossil fuels than renewables over last 11 years

Research from Jubilee Australia has found Export Finance Australia provided up to $1.69 billion in financing to the fossil fuel industry compared to just $20 million for renewable energy projects between 2009 and 2020. A federal government credit agency has spent about 80 times more money on fossil fuel projects than renewables over the past 11Continue reading “Australia: Government credit agency gave 80 times more money to fossil fuels than renewables over last 11 years”

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