“Pharma execs and shareholders are making a killing from a crisis they helped to create,” said one justice campaigner. In the first week that the Omicron variant sparked global fears of a new wave of infections, a small handful of investors and executives with Pfizer and Moderna—currently the world’s preeminent makers of Covid-19 vaccines—saw over $10 […]
LONDON – A group of activist organizations says that at least nine executives and investors in companies making coronavirus vaccines have become billionaires in the last year thanks to the patents on their vaccines. The People’s Vaccine Alliance, a grouping of several non-profit, non-governmental organizations including Global Justice Now, Oxfam and UNAIDS, is calling for the pharmaceutical firms to share their technology […]
“It is unseemly that billionaires have experienced such gains as we mark a half a million lives lost and millions more who have lost their health, wealth, and jobs.” As the United States this week mourned the devastating milestone of 500,000 lives lost to the coronavirus, a report out Wednesday shows that the nation’s billionaires […]
“For billionaires, this is a heads we win, tails you lose economy, boosted by Trump policies to funnel wealth to the top.” As President Donald Trump and top members of his administration continue their push to deliver another round of tax cuts to rich investors, an analysis published Tuesday by the Institute for Policy Studies and Americans for Tax Fairness […]