The ranks of the super-rich have swelled during the pandemic thanks to ample financial stimulus that pumped up stocks, the anti-poverty organisation said
"The pandemic has been a billionaire bonanza," Oxfam International executive director Gabriela Bucher said.
Vaccine development has been one of the pandemic's success stories but Ms Bucher said doses been"hoarded by the rich countries" seeking to protect pharmaceutical monopolies. The money"would be able to pay for vaccines for the whole world, have health systems for everyone," Ms Bucher said. The wealthiest 1% of the world emits more than twice as much planet-warming carbon dioxide as the bottom 50%.
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