Pandemic and the economy

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Main points from OECD statement 22 million jobs have been lost in advanced economies due to the pandemic Job retention schemes have saved around 21 million jobs Wealthy countries face the threat of rising long-term unemployment Low skilled workers will most feel the sustained affect of unemployment as these sectorsRead More →

Extreme wealth inequality

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A report issued 20th January 2020 by charity Oxfam calculated that 2153 billionaires hold more wealth than 4.6 billion people combined! Oxfam called on governments to implement policies that may help to reduce wealth inequality. Extreme wealth inequality The charity urged policymakers to increase taxes on the world’s wealthiest byRead More →