-Newsclick.in By 2016 the richest 1% of the world's population will own more than 50% of the world's wealth, says Oxfam's recent report on global Wealth Inequality. Winnie Byanyima, Executive Director of Oxfam International, said: "Do we really want to live in a world where the one percent own more than the rest of us combined? Clearly, the scale of global inequality is quite simply staggering and the gap between the richest...

-The Times of India NEW DELHI: Inequality in South Asia is much more glaring than what government data shows because standard yardsticks of measuring income don't reveal the true picture, says a World Bank report 'Addressing Inequality in South Asia', released on Tuesday. For instance, the Gini coefficient - the standard measure to gauge income inequality - ranges from 0.28 to 0.40 in this region, suggesting a level of inequality much lower...

-AFP Paris: Wealth accumulated by the richest 1% will exceed that of the other 99% in 2016, the Oxfam charity said on Monday, ahead of the annual meeting of the world's most powerful at Davos, Switzerland. "The scale of global inequality is quite simply staggering and despite the issues shooting up the global agenda, the gap between the richest and the rest is widening fast," Oxfam executive director Winnie Byanyima said. The richest...

-IndiaSpend.com "Worldwide, inequality of individual wealth is extreme. At the start of 2014, Oxfam calculated that the richest 85 people on the planet owned as much as the poorest half of humanity. Between March 2013 and March 2014, these 85 people grew $668 million richer each day." That is the observation by Oxfam India, an NGO that works on issues relating to poverty and development, in its latest report on inequality...

-The Hindu Business Line Unlike in the 1970s, the moral outrage over glaring differences has given way to an aspirational ethos For those who have lived in Indian cities long enough, it is difficult to miss the remarkable change in people's tolerance of economic inequality. Back in the 1970s, economic inequality was a major part of the urban discourse. The various dimensions of inequality dominated coffee house discussions, theatre and even popular cinema, contributing...