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New 'oligarchy' under fire as elites descend on Davos

  • A leading NGO warned of an emerging 'aristocratic oligarchy' with massive political clout as global elites gather for the World Economic Forum in Davos.
  • Oxfam reported that billionaires' wealth grew by $2 trillion last year, totaling $15 trillion, partly due to Trump's election win and tax-cut plans.
  • The report revealed that 204 new billionaires emerged last year, increasing the total to 2,769, with each billionaire seeing their fortune rise by $2 million daily.
  • Protesters blocked roads to Davos, demanding 'tax the rich', highlighting rising inequalities and calls for a global tax on the super-rich.
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Bias Distribution

  • 40% of the sources lean Left, 40% of the sources are Center
40% Center
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