A report by Patriotic Millionaires UK refutes the often-made claim that wealth taxes would led to capital flight and shows ...

DAVOS, Switzerland — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed ...

But he notes that in reality, Davos was born in the 1990s at the peak of globalization – a time when the Oxfam report had more influence on discussions and solutions to creating a more equitable ...

"Trillions are being gifted in inheritance, creating a new aristocratic oligarchy that has immense power in our politics and our economy," Oxfam said in its traditional annual pre-Davos report on ...

Some blocked roads to Davos, snarling traffic in places and delaying trips for some attendees to the event, which runs through Friday. Oxfam World Economic Forum Get the latest headlines from US ...

a top anti-poverty group reported on Monday as some of the world's political and financial elite prepared for an annual gathering in Davos, Switzerland. Oxfam International, in its latest ...

a top anti-poverty group reported on Monday as some of the world's political and financial elite prepared for an annual gathering in Davos, Switzerland. Oxfam International, in its latest ...

A British activist holds a sign during a protest against the WEF meeting in Davos [File: Fabrice Coffrini/AFP] On average, the wealth of a single billionaire increased by $2m a day, Oxfam said.