Sunday, October 24, 2021


China eyes its rich in drive to reduce inequality

China does not currently have nationwide direct property taxes, and does not levy an inheritance tax.

Superyacht sales buoyant as mega-wealthy seek Covid escape at sea

Most megayacht owners do not want or need to go near populations in peril on the land during the pandemic.

Rich and poor vaccine divide worsening, warns WHO

WHO emergencies director says only one disease – smallpox – has ever been eradicated, so the availability of vaccines against Covid-19 does not mean the disease can be wiped off the face of the Earth.

Covid-19 condemns billions to poverty for a decade

The 1,000 richest people on the planet recouped their Covid-19 losses within just nine months, but it could take more than a decade for the world’s poorest to recover, says Oxfam report.

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