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With Zero Accountability, Big Oil Wringing Profit from Developing Countries

With Zero Accountability, Big Oil Wringing Profit from Developing Countries

Published on Wednesday, July 15, 2015 by Common Dreams by Deirdre Fulton, staff writer Thanks to “foot dragging by the Securities and Exchange Commission” combined with “aggressive lobbying and legal challenges by oil industry laggards,” a U.S. law meant to increase transparency around fossil fuel operations in developing countries has been stalled for nearly five years, charges a new […]

Richest 1% Percent To Have More Than Rest of Humanity Combined

Richest 1% Percent To Have More Than Rest of Humanity Combined

Published on Monday, January 19, 2015 by Common Dreams by Jon Queally, staff writer In less than two years, if current trends continued unchecked, the richest 1% percent of people on the planet will own at least half of the world’s wealth. That’s the conclusion of a new report from Oxfam International, released Monday, which states that the rate […]

The Top 1% Own… Half

The Top 1% Own… Half

Published on Tuesday, October 14, 2014 by Common Dreams by Jon Queally, staff writer The top one percent of the wealthiest people on the planet own nearly fifty percent of the world’s assets while the bottom fifty percent of the global population combined own less than one percent of the world’s wealth. “These figures give more evidence […]