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CORPORATIONS cashing in on Covid-19 are set to make tens of billions more in profits this year while millions of people fall into poverty worldwide, Oxfam has revealed.
According to a new report by the charity today, 32 of the world’s largest companies stand to see their profits jump by $109 billion (£80bn) more in 2020 than the average over the past four years.
A tax on these “pandemic profits” could provide every person on the planet with a Covid test and vaccine, Oxfam claims.
Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills
The future does not have to be climate chaos and social breakdown. MARC VANDEPITTE looks at the alternatives offered by the Global Justice Report, co-authored by Thomas Piketty
