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by Ali BEKHTAOUI Agence France Presse PARIS, France (AFP) — The share of global wealth of the world’s richest people soared at a record pace during the Covid pandemic, a report on inequality showed Tuesday. Since 1995, the slice held by billionaires has risen from one percent to three percent, according to the World Inequality Report. “This increase was exacerbated during the Covid pandemic. In fact, 2020 marked the steepest increase in global billionaires’ […]
NEW YORK, United States (AFP) — America’s billionaires have seen their wealth rise by more than $1 trillion since the start of the coronavirus pandemic, according to a study Wednesday, fueling a debate about higher taxes on the rich. The collective wealth of the 651 billionaires in the United States soared from $2.95 trillion on March 18 to $4.01 billion on Monday, said the Institute for Policy Studies and Americans for Tax Fairness (ATF). […]
(Eagle News)– Senator Cynthia Villar is still the Senate’s richest member but she is no longer the only billionaire as she now shares the spot with Senator Manny Pacquiao. From P3.5 billion last year, Villar’s wealth slightly increased to P3.606 billion as of December 31, 2016, based on her 2016 statements of assets, liabilities and networth (SALN). Pacquiao declared a net worth of P3.072 billion, making him the second richest senator. Senator Antonio […]
WASHINGTON, United States (AFP) — Hillary Clinton unleashed a blistering assault Tuesday on her White House opponent Donald Trump, attacking the celebrity billionaire’s “shameful” comments about President Barack Obama and Muslims after the massacre in Orlando. Clinton accused Trump of suggesting Obama sympathized with terrorists during a television appearance one day after Sunday’s shooting by a radicalized gunman. “Just think about that for a second. Even in a time of divided politics, this is way […]
