The Daily Populous

82 Percent of Wealth Created in 2017 Went to the 1 Percent

Authored by ktla.com

More than $8 of every $10 of wealth created last year went to the richest 1 percent.

That’s according to a new report from Oxfam International, which estimates that the bottom 50 percent of the world’s population saw no increase in wealth.

Oxfam says the trend shows that the global economy is skewed in favor of the rich, rewarding wealth instead of work.

“The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system,” said Winnie Byanyima, executive director of Oxfam International.

The study, released ahead of the World Economic Forum in Davos, was produced using data from Credit Suisse’s Global Wealth Databook.

Oxfam said that governments should focus on policies that would lead to fairer distribution of wealth and stronger workers’ rights.

Oxfam also said that tax policies should be used to reduce extreme wealth. »

Holocaust hero: US soldier told Nazi captors 'We are all Jews'

Authored by m.csmonitor.com

To protect Jewish captives at a Nazi POW camp, US Master Sgt. Roddie Edmonds ordered more than 1,000 Americans captives to step forward with him and pronounced: "We are all Jews here.".

As the highest-ranking noncommissioned officer held in the German POW camp, he ordered more than 1,000 Americans captives to step forward with him and brazenly pronounced: "We are all Jews here.".

So when the German camp commander, speaking in English, ordered the Jews to identify themselves, Edmonds knew what was at stake. »

World’s top 1% earn 82% of wealth generated in 2017, says Oxfam

Authored by vanguardngr.com

“It takes just four days for a CEO from one of the top five global fashion brands to earn what a Bangladeshi garment worker will earn in her lifetime. ”

Oxfam estimates that a global tax of 1.5 per cent on billionaires’ wealth could pay for every child to go to school.

Oxfam’s calculations are based on global wealth distribution data provided by the Credit Suisse Global Wealth Data book published in November 2017. »

Parents keep children at home in protest after school removes wall from front of girls' toilets

Authored by independent.co.uk

A privacy row has erupted between St Mary’s College in Wallasey and parents after the exterior wall was removed to make the toilets open plan.

“Apparently they are starting on the boys’ toilets next week, so I’ll be keeping my son off too if they do the same.

Mountain rescue teams spent the night helping drivers following heavy snowfall in the Dumfries and Galloway region Getty. »

Watchdog warns hiking minimum wage could lead to 50,000 conversations with your uncle about how the Liberals are ruining the economy

Authored by thebeaverton.com

“Conversations will be concentrated amongst teens and young adults whose politics differ from their elderly family members.”.

“We are also worried that many of those conversations will include terms like ‘Libtards,’ ‘Frau Wynne’ and ‘that bitch Kathleen’” warned the lead investigator.

On the bright side the FAO also found that the minimum wage hike could result in a marked decrease in your cousins asking to borrow money. »