A new billionaire has been minted nearly every day during the pandemic
CNN
The Covid-19 pandemic has been good for the wallets of the wealthy.
Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis released by Oxfam on Sunday. That means a new billionaire was minted about every 30 hours, on average, so far during the pandemic.
The report, which draws on data compiled by Forbes, looks at the rise of inequality over the past two years. It is timed to coincide with the kickoff of the annual World Economic Forum meeting in Davos, Switzerland, a gathering of some of the wealthiest people and world leaders.
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Greenland’s leader said on Friday he had not been in contact with incoming US president Donald Trump, who has said he wants control over the Arctic island, and urged everyone to respect Greenland’s wish for independence.
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The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding for Moscow’s war against Ukraine.
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Chinese hackers breached the US government office that reviews foreign investments for national security risks, two US officials familiar with the matter told CNN.
A Canadian “Super Scooper” aircraft fighting the Palisades Fire in Los Angeles had to be grounded after it hit a drone flying in restricted airspace over the devastating blaze on Thursday, the local fire department said.
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