Latest news and articles about inequality from NEX English
The Global Progressive Gathering in Barcelona concluded with political leaders and activists from around the world emphasizing the need to reassess the economic foundations of democracy. Spanish Prime Minister Pedro Sánchez described the meeting as a collective effort to confront rising authoritarianism.
Meredith Whitney, CEO of the Meredith Whitney Advisory Group, reports that the gap between wealthy consumers and low-income families is widening in the United States. While government stimulus has positively impacted some groups, it conceals deeper flaws in the economy.
The Institute for Fiscal Studies warns that a wealth tax in the UK could backfire, prompting wealthy individuals to leave the country. This could negatively impact the British economy.
A researcher from Oxford University has revealed that it takes 63 minutes to earn one dollar in the United States, double the average in Germany, France, and the UK, indicating that poverty rates in the U.S. are much higher than previously thought.
The 'Coming of Age' exhibition at the Wellcome Collection in London examines how cultural and social factors influence aging. It raises questions about who has access to a good aging experience amid increasing life expectancies.
The CEO of BlackRock expressed deep concern over the potential negative effects of artificial intelligence on vulnerable groups. He highlighted that this technology could exacerbate inequality in society.
Recent trade data analysis reveals an ongoing imbalance in the flow of goods between Africa and Europe, despite advancements in free trade agreements. While many African nations export more than they import, the benefits are not evenly distributed among all countries.