The collective wealth of the world's billionaires rose $3.9tr between March and December 2020 to reach $11.95tr, according to "The Inequality Virus" report, published as global leaders tune in for the World Economic Forum.
Avinash Bhaduri, a brilliant writer and a warm human being and an incredible host, has been fighting poor health and a poorer life.
The cause: drugs.
Twitter and Facebook have become the virtual command centres with the help of users, as governments fail to provide any real-time data on the availability of life-saving drugs and beds as the crisis deepens.
Vaccines are the shot in the arm we all need, literally and figuratively. The real danger is that even as vaccines bring hope to some, they become another brick in the wall of inequality between the worlds of haves and have-nots.
Guterres said the world’s leading economies have a special responsibility to support the World Health Organization’s COVAX program to buy and deliver coronavirus vaccines for the world’s poorest people.
The approval came as the local currency hit a new record low on the black market, trading 11,150 Lebanese pounds to the dollar. The new crash triggered immediate protests, mostly in the country's north.
"We are still ascertaining the veracity of allegations levelled by residents of Doranahalli village, who had accused that private financiers were harassing this family," said the police.
The growing trend in countries like Indonesia, Thailand and the Philippines is worsening inequities at a time when they are grappling with vaccine shortages.
Secretary-General Antonio Guterres said, "Russia and Ukraine represent more than half of the world’s supply of sunflower oil and about 30 per cent of the world’s wheat” and that "grain prices have already exceeded...”