Why Inequality Is Growing in the US and Around the World
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Why Inequality Is Growing in the US and Around the World

Globally, the richest 10% of people now possess nearly 76% of the world’s wealth. Meanwhile, the bottom 50% own just 2%, according to the 2022 World Inequality Report, which analyses data and the work of more than 100 researchers and inequality experts.

Fifth-Largest Economy? India Added 56 Million or Whopping 79% to Global ‘Extreme Poor’
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Fifth-Largest Economy? India Added 56 Million or Whopping 79% to Global ‘Extreme Poor’

The World Bank’s latest poverty estimate delivers shocking news: India added a whopping 79% of new extreme poor to the world population in 2020. In absolute numbers, it says, the global population of extreme poor grew by 71 million and India added 56 million to this.