The 1,000 richest people on the planet recouped their COVID-19 losses within just nine months, but it could take more than a decade for the world’s poorest to recover from the economic impacts of the pandemic, a new Oxfam report has claimed.
The Inequality Virus has been published to coincide with the opening day of the World Economic Forum’s ‘Davos Agenda’.
The report claims that COVID-19 has the potential to increase economic inequality in almost every country at once - the first time this has happened since records began over a century ago.
Oxfam say rising inequality means it could t...