THE 20 richest people in Spain are worth a combined €77 billion.
This is equivalent to the earnings of the country’s poorest 20 per cent, an Oxfam-Intermon report claimed recently.
Globally, the world’s 100 richest people earned enough last year to eradicate global poverty four times over, the organisation said.
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“Economic elites are appropriating political power to manipulate the rules of the economic game,” maintained the report, timed to precede the World Economic Forum in Davos.
An Oxfam survey carried out in Spain, the UK, the US, Brazil, India and South Africa revealed that most people believe laws are formulated to favour the rich.
That view was backed by 80 per cent of the Spanish population, the survey found.
The origin of much of Spain’s current economic, financial, political and social crisis can be traced to the “pernicious situation” where public concerns and democratic process have been appropriated by vested interests, Jose Maria Vera, director of Oxfam Intermon, said.
Towns with a special status
TEULADA-MORAIRA’S Youth and Childhood councillor Aitor Llobell recently attended the Child-friendly Cities’ symposium held in Alcoy.
Child-friendly Cities is an international UNICEF initiative that promotes the rights of...
CALPE holds a Marcha Rosa commemorating World Breast Cancer Day next Sunday, October 27.
Organised by the Calpe branch of AECC, Spain’s national cancer association and the town hall, the day begins in Plaza...
JAVEA town hall is restoring the network of paths that give access to the Portitxol, Barraca and Sardinera coves.
Above all, the Services department has made the footpaths more secure, paying particular attention to...
THE provincial government and Chirivel council have been talking through possible solutions for updating the municipality’s water and sewage systems.
The Diputacion de Almeria Vice-president Oscar Liria and Chirivel Mayor Jose Torregrosa met recently with...
A 22-YEAR-OLD woman is in serious condition, having fallen from a third floor balcony in Port d'Alcúdia.
The incident occurred around 7am on Sunday (October 20) at an apartment complex in the area. It...