Billionaires have seen their wealth skyrocket over the past two years, adding roughly $2.7 billion per day to their fortunes while ordinary people struggle to afford basic necessities. As the world’s corporate and political elite convened in Davos, Switzerland for the first winter World Economic Forum in three years, an analysis published Monday by Oxfam International […]
“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 […]