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China cuts rates as economy slows; Credit Suisse Chairman Resigns Over Live Covid-19 Breaches | Business

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02:53

The 10 richest men in the world see their wealth double during the Covid pandemic

According to a report by Oxfam.

Urging governments to impose a one-time 99% wealth tax on windfall Covid-19 gains, the charity said World Bank figures showed an additional 163 million people had been driven under the threshold of poverty while the super-rich benefited from stimulus provided by governments. around the world to mitigate the impact of the virus.

How the Net Worth of the World’s 10 Biggest Billionaires More Than Doubled During the Pandemic

Oxfam predicts that by 2030, 3.3 billion people will live on less than $5.50 a day.

The charity said the incomes of 99% of the world’s population fell from March 2020 to October 2021, when Elon Musk, the founder of electric car company Tesla, and the other nine wealthiest billionaires were collectively enriched by $1.3 billion a day. .

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02:47

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02:28

Horta-Osrio regrets the “difficulties” following personal actions

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02:19

Antnio Horta-Osrio resigns as Chairman of Credit Suisse over Covid breaches

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02:18

Introduction: Chinese growth slows as Covid restrictions and real estate problems hit demand

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Sources

1/ https://Google.com/

2/ https://www.theguardian.com/business/live/2022/jan/17/china-economy-slows-credit-suisse-chairman-covid-stock-markets-ftse-business-live

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