Richest 0.001% Now Own Three Times More Wealth Than Poorest Half of Humanity Combined

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Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

People attend a demonstration in support of taxing the super-rich in São Paulo, Brazil on July 10, 2025.  (Photo by Miguel Schincariol/AFP via Getty Images)

“The choices we make in the coming years will determine whether the global economy continues down a path of extreme concentration or moves toward shared prosperity.”

A landmark report on global inequality published Wednesday shows that the chasm between the richest slice of humanity and everyone else continued to expand this year, leaving the top 0.001%—fewer than 60,000 multimillionaires—with three times more wealth than the poorest half of the world’s population combined.

The global wealth gap has become so staggering, and its impact on economies and democratic institutions so corrosive, that policymakers should treat it as an emergency, argues the third edition of the World Inequality Report, a comprehensive analysis that draws on the work of hundreds of scholars worldwide. Ricardo Gómez-Carrera, a researcher at the World Inequality Lab, is the report’s lead author.

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“Inequality has long been a defining feature of the global economy, but by 2025, it has reached levels that demand urgent attention,” reads the new report. “The benefits of globalization and economic growth have flowed disproportionately to a small minority, while much of the world’s population still face difficulties in achieving stable livelihoods. These divides are not inevitable. They are the outcome of political and institutional choices.”

The richest 10% of the global population, according to the latest data, own three-quarters of the world’s wealth and capture more income than the rest of humanity. Within most countries, it is rare for the bottom 50% to control more than 5% of national wealth.

“This concentration is not only persistent, but it is also accelerating,” the report observes. “Since the 1990s, the wealth of billionaires and centimillionaires has grown at approximately 8% annually, nearly twice the rate of growth experienced by the bottom half of the population. The poorest have made modest gains, but these are overshadowed by the extraordinary accumulation at the very top.”

“The result,” the report adds, “is a world in which a tiny minority commands unprecedented financial power, while billions remain excluded from even basic economic stability.”

The report comes as the world’s richest and most powerful nation, led by President Donald Trump, abandons international cooperation on climate and taxation and works to supercharge inequality by slashing domestic and foreign aid programs while delivering massive handouts to the wealthiest Americans.

Jayati Ghosh, a member of the G20 Extraordinary Committee of Independent Experts on Global Inequality and co-author of the forward to the new report, said in a statement that “we live in a system where resources extracted from labor and nature in low-income countries continue to sustain the prosperity and the unsustainable lifestyle of people in high-income economies and rich elites across countries.”

“These patterns are not accidents of markets,” said Ghosh. “They reflect the legacy of history and the functioning of institutions, regulations and policies—all of which are related to unequal power relations that have yet to be rebalanced.”

Reversing the decadeslong trend of exploding inequality will require the political will to pursue obvious solutions, including fair taxation of the mega-rich and bold investments in social programs and climate action, which is disproportionately fueled by the wealthy.

“The choices we make in the coming years,” the report says, “will determine whether the global economy continues down a path of extreme concentration or moves toward shared prosperity.”

Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

Orcas discuss Donald Trump and the killer apes' concept of democracy. Front Orca warns that Trump is crashing his country's economy and that everything he does he does for the fantastically wealthy.
Orcas discuss Donald Trump and the killer apes’ concept of democracy. Front Orca warns that Trump is crashing his country’s economy and that everything he does he does for the fantastically wealthy.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Continue ReadingRichest 0.001% Now Own Three Times More Wealth Than Poorest Half of Humanity Combined

Trump and Fascism

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by dizzy deep, blogger at https://onaquietday.org. May be changed, reworked.

Donald Fuhrump says that Amerikkka doesn't bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Donald Fuhrump says that Amerikkka doesn’t bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.

There are many facets or aspects to Fascism: racist ideology; disregard and disdain for justice, human rights and the rule of law; what ‘Il Duce’ Benito Mussolini termed corporatism, “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.”

Xenophobe President Donald Trump often demonstrates racism and a disdain for due process, democracy, human rights and the law .

Deporting Venezuelans to San Salvador’s CECOT prison.

Deploying National Guard and ICE in US cities. “Everyday is Halloween.”

Murdering fishermen

Project 2025 pursues a huge corparist agenda, hugely extending deregulation for the benefit of unaccountable corporations. Trump pursued huge corporate support for his reelection particularly from the fossil fuel industry. Now he’s intending to invade Venezuela for “all that oil.”

Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Demented assole Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn, Flood, Baby, Flood.

When discussing Trump it is worth considering whether his obvious prejudices and limited abilities are further affected by senility. I suggest that senior officers of the wider US administration have due regard for other demands and obligations on them.

Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Continue ReadingTrump and Fascism

10 Palestinians injured by illegal Israeli settlers in West Bank attack

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This work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Israeli forces and Israeli settlers block Palestinian farmers trying to access to their agricultural fields, with stun grenades and tear gas in the town of Tarqumiyah, in Hebron, West Bank on November 28, 2025. [Mamoun Wazwaz – Anadolu Agency]

At least 10 Palestinians suffered injuries after illegal Israeli settlers attacked the village of Khalayel al-Louz near Bethlehem, in the northern occupied West Bank, Anadolu reports.

The Palestinian Red Crescent reported one gunshot wound to the thigh and nine cases of beating, adding that medics moved three people to a hospital and treated the rest at the scene.

Illegal settlers entered the village, targeted several homes, and set fire to plastic greenhouses used for farming, locals told Anadolu.

Separately, the Israeli army withdrew its forces from the town of Tammun and the al-Faraa refugee camp near Tubas, while continuing its operation in the city and in the towns of Aqaba and Tayasir.

Tammun Mayor Samir Bisharat told Anadolu that troops vacated houses they had turned into military posts and released all detainees except six, who were transferred to Israeli detention centers.

Israeli forces continued to target Tubas and nearby towns with movement restrictions and new military positions, local sources told Anadolu.

READ: Camera exposes Israeli forces kill two Palestinians after their surrender in occupied West Bank

Nidal Odeh, director of ambulance and emergency services in Tubas, told Anadolu that the troops have injured about 130 people since the operation started early Wednesday, including dozens beaten by soldiers.

The Palestinian Prisoners’ Society said Israeli forces detained 162 people during the operation and later released most of them after field interrogations and mistreatment.

The Israeli army has escalated its attacks in the West Bank since the outbreak of the Gaza war in October 2023.

More than 1,085 Palestinians have since been killed, and 10,700 others injured in attacks by the army and illegal settlers in the occupied territory. More than 20,500 people have also been arrested.

In a landmark opinion last July, the International Court of Justice declared Israel’s occupation of Palestinian territory illegal and called for the evacuation of all settlements in the West Bank and East Jerusalem.

This work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Orcas discuss Genocide-supporting and complicit Zionists. Donald Trump, Keith Starmer, David Lammy, Rachel Reeves, Angela Rayner and Wes Streeting are acknowledged as evil genocide-complicit and supporting cnuts.
Orcas discuss Genocide-supporting and complicit Zionists. Donald Trump, Keith Starmer, David Lammy, Rachel Reeves, Angela Rayner and Wes Streeting are acknowledged as evil genocide-complicit and supporting cnuts.
Keir Starmer objects to criticism of the IDF. He asks how could anyone object to them starving people to death, forced marches like the Nazis did, bombing Gaza's hospitals and universities, mass-murdering journalists, healthworkers and starving people queuing for food, killing and raping prisoners and murdering children. He calls for people to stop obstructing his genocide for Israel.
Keir Starmer objects to criticism of the IDF. He asks how could anyone object to them starving people to death, forced marches like the Nazis did, bombing Gaza’s hospitals and universities, mass-murdering journalists, healthworkers and starving people queuing for food, killing and raping prisoners and murdering children. He calls for people to stop obstructing his genocide for Israel.
Genocide denying UK Foreign Secretary David Lammy says that UK is suspending 30 of 350 arms licences to Israel. He also confirms the UK government's support for Israel's Gaza genocide and the UK government and military's active participation in genocide.
Genocide denying UK Foreign Secretary David Lammy says that UK is suspending 30 of 350 arms licences to Israel. He also confirms the UK government’s support for Israel’s Gaza genocide and the UK government and military’s active participation in genocide.
Continue Reading10 Palestinians injured by illegal Israeli settlers in West Bank attack

Cop30: five reasons the UN climate conference failed to deliver on its ‘people’s summit’ promise

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Andre Borges / EPA

Simon Chin-Yee, UCL; Mark Maslin, UCL, and Priti Parikh, UCL

As the sun set on the Amazon, the promise of a “people’s Cop” faded with it. The latest UN climate summit – known as Cop30, hosted in the Brazilian city of Belém – came with the usual geopolitics and the added excitement of a flood and a fire.

The summit saw Indigenous protests on an unprecedented scale, but the final negotiations were once again dominated by fossil fuel interests and delaying tactics. After ten years of climate (in)action since the Paris agreement, Brazil promised Cop30 would be an “implementation Cop”. But the summit failed to deliver, even as the world recorded a devastating 1.6˚C of global warming last year.

Here are our five key observations:

1. Indigenous groups were present – but not involved

Located in Amazonia, this was branded the summit for those on the frontlines of climate change. Over 5,000 Indigenous people were there, and they certainly made their voices heard.

However, only 360 secured passes to the main negotiating “blue zone”, compared to 1,600 delegates linked to the fossil fuel industry. Inside the negotiating rooms it was business as usual, with Indigenous groups remaining as observers, unable to vote or attend closed-door meetings.

The choice of location was nicely symbolic but logistically tough. Hosting the conference in the Amazon cost hundreds of millions of dollars in a region where many still lack basic amenities.

A stark image of this inequality: with hotel rooms full, the Brazilian government even docked two cruise ships for delegates, which per head can have eight times the emissions of a five star hotel.

2. The power of protests

But this was the second largest UN climate summit ever, and the first since Glasgow Cop26 in 2021 to take place in a country that permits real public protest. That mattered. Protests of various sizes happened every day during the two-week conference, most notably an Indigenous-led “great people’s march” on the middle Saturday.

Indigenous protesters scored some small wins – but weren’t involved in the main talks. Fraga Alves / EPA

The visible pressure helped obtain recognition of four new Indigenous territories in Brazil. It showed that when civil society has a voice it can secure wins, even outside of the main emissions negotiations.

3. US absence creates a vacuum – and an opportunity

In Donald Trump’s first turn as president, the US sent at least a skeletal group of negotiators. This time, in a historic first, America did not send an official delegation at all.

Trump recently described climate change as “the greatest con job ever perpetrated on the world”, and since returning to power the US has slowed renewables and expanded oil and gas. It even helped scuttle plans for a net zero framework for global shipping last month.

As the US is rolling back its ambition, it is allowing other oil producing countries like Saudi Arabia to ignore their own climate pledges and to try and undermine others.

China has stepped into the void and become one of the loudest voices in the room. As the world’s largest supplier of green technology, Beijing used Cop30 to promote its solar, wind and electric vehicle industries and court countries looking to invest.

But for many delegates, the absence of America came as a relief. Without the distraction of the US attempting to “burn the house down” as it did at the shipping negotiations, the conference was able to get on with the business at hand: negotiating texts and agreements that will limit global warming.

4. ‘Implementation’ through side deals – not the main stage

So what was actually implemented? This year, the main action happened through voluntary pledges, not the binding global agreement.

The Belém pledge, backed by countries including Japan, India and Brazil, committed signatories to quadruple sustainable fuels production and use by 2035.

Brazil also launched a major trust fund for forests, with around US$6 billion (£4.6 billion) already pledged for communities working to protect rainforests. The EU followed by pledging new funds for the Congo Basin, the world’s second largest rainforest.

These are useful steps, but they highlight how the biggest advances at UN climate summits now often happen in the margins, rather than in the main talks.

The outcome of those main talks at Cop30 – the Belém package – is weak, and will get us nowhere near the Paris agreement’s target of limiting global warming to 1.5˚C. Most striking is the absence of the words “fossil fuels” from the final text even though they were central to the Glasgow climate pact (2021) and the UAE consensus (2023) – and of course they represent the main cause of climate change.

5. The Global Mutirão text: a missed opportunity

One potential breakthrough did emerge in negotiating rooms: the Global Mutirão text, a proposed roadmap to “transition away” from fossil fuels. More than 80 countries signed it, from EU members to climate-vulnerable Pacific island states.

Tina Stege, climate envoy for one of those vulnerable states, the Marshall Islands, urged delegates: “Let’s get behind the idea of a fossil fuel roadmap, let’s work together and make it a plan.”

On the final Thursday, a small fire broke out in the pavilion area of the summit. Brazil Photo Press / Alamy

But opposition from Saudi Arabia, India and other major fossil fuel producers watered it down. Negotiations stretched into overtime, not helped by a fire that postponed discussions for a day.

When the final deal was agreed, key references to a fossil fuel phase-out were missing. There was a backlash from Colombia, due to the lack of inclusion of transition away from fossil fuels, which forced the Cop presidency to offer a six-month review as an olive branch.

This was hugely disappointing, as earlier in the summit there seemed to be huge momentum.

A widening gulf

So this was another divisive climate summit. The gulf between oil-producing countries (in particular in the Middle East) and the rest of the world has never been wider.

One positive to come out of the summit was the power of organised people: Indigenous groups and civil society made their voices heard, even if they weren’t translated into the final text.

With next year’s summit to be held in Turkey, these annual climate summits are increasingly migrating to nations with authoritarian leanings where protests are not welcome or completely banned. Our leaders keep stating that time is running out, yet negotiations themselves remain stuck in never ending circles of delays.

Simon Chin-Yee, Lecturer in International Development, UCL; Mark Maslin, UCL Professor of Earth System Science and UNU Lead for Climate, Health and Security, UCL, and Priti Parikh, Professor of Infrastructure Engineering and International Development, UCL

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.
Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.

Continue ReadingCop30: five reasons the UN climate conference failed to deliver on its ‘people’s summit’ promise

Charlotte Residents Defend Community as ICE Arrives for Latest Trump Immigration Crackdown

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Original article by Julia Conley republished form Common Dreams under Creative Commons (CC BY-NC-ND 3.0). 

Protesters gather at First Ward Park for the ‘No Border Patrol In Charlotte’ rally to raise their voices for the immigrant community and against US Border Patrol activity in Charlotte, North Carolina on November 15, 2025. (Photo by Peter Zay/Anadolu via Getty Images)

“In a scenario where this administration is trying to sow division,” said one local organizer, “we see an organic movement of community members trying to provide support and assistance.”

In Charlotte, North Carolina, the Trump administration’s latest anti-immigration crackdown garnered headlines over the weekend both for “how inhumane and aggressive” the operations by US Border Patrol and Immigration and Customs Enforcement were, as one journalist said, and the action that local residents immediately took to protect their neighbors from arrests and raids.

“I just started recording them,” said Rheba Hamilton after federal agents pulled up to her house in a vehicle and intimidated two Latino men who were decorating the trees in her yard. “They left.”

As the agents pulled away, she yelled, “Get the hell out of my yard, you assholes!”

https://www.instagram.com/reel/DRGczMkDlBF/

Hamilton, who told The New York Times she had tried to warn the workers against hanging the Christmas lights due to the deportation operations, said it was “terrifying” to see Border Patrol agents on her property.

“I was concerned about this happening,” Hamilton said. “We’ve got great people here… Nobody’s going to regret moving here if you come here with the right kind of heart, and that includes our immigrants.”

Hamilton filmed the Border Patrol agents after North Carolina Gov. Josh Stein, a Democrat, called on Charlotte residents to “bear witness” to ICE arrests and raids at businesses and homes as the Trump administration launched “Operation Charlotte’s Web”—the latest stop on its nationwide attack on immigrant and Latino communities, which has also unfolded in Chicago and other cities.

“If you see any inappropriate behavior, use your phones to record and notify local law enforcement, who will continue to keep our communities safe long after these federal agents leave,” said Stein last week.

Operation Charlotte’s Web began as the administration released the names of more than 600 people detained in the Chicago area whose arrests may have violated a court order, and revealed that just 16 of them had an alleged criminal history.

More than 3,000 people in all have been arrested in the Chicago area since ICE and other federal agencies began “Operation Midway Blitz” in September.

Border Patrol Commander-at-large Gregory Bovino reported that at least 81 people were arrested in Charlotte by the end of the weekend, with the mass arrests completed in about five hours, and claimed that those who were taken into custody had “significant criminal and immigration history”—similar claims that have been made about the operations in Chicago.

The local advocacy group Siembra NC said “the most immigrants were arrested in a single day in state history” on Saturday.

The community development group CharlotteEast told the Guardianon Sunday that it had received an “overwhelming” number of reports from residents about Customs and Border Protection (CBP) agents in the area, including at places that were previously protected under the Biden administration from immigration enforcement.

“The past two hours we’ve received countless reports of CBP activity at churches, apartment complexes, and a hardware store,” executive director Greg Asciutto told the outlet.

The Charlotte Observer reported that congregants at a church in east Charlotte “scattered into the woods” after masked federal agents arrived and detained a member while the church community was doing yard work.

“The agents asked no questions and showed no identification before taking one man away, whose wife and child were inside at the time,” the newspaper reported. “Inside the church, women and children sobbed as they wondered whether their loved ones had been taken.”

Sam Stein of the Bulwark noted that community members “got the heads up and ran to the woods to confront ICE agents with, among other things, deafening whistles. ICE responded by threatening to throw gas canisters at them.”

Advocates handed out whistles—like those used by many in Chicago in recent weeks—to local residents on Sunday, and hundreds of people packed a training session on Friday night where Carolina Migrant Network advised them on banding together to stop ICE from raiding their communities.

A grocery store, Compare Foods, also announced it would be offering free delivery to keep people from having to venture out while federal agents are in the city.

“For all those customers who don’t feel comfortable coming to the store in person, they can shop online, and then we will have it delivered through our delivery service to their home,” said Omar Jorge, owner of the local chain.

Manolo’s Bakery, meanwhile, closed over the weekend for the first time in its 28-year history, with owner Manolo Betancur telling the Observer, “We need to protect our families [from] family separation.”

Stefania Arteaga of the Carolina Migrant Network told the Guardian that the grassroots weekend efforts show “allies are learning how to help their neighbors” in the city.

“In a scenario where this administration is trying to sow division,” she said, “we see an organic movement of community members trying to provide support and assistance.”

Daniel Nichanian of Bolts magazine said Charlotte—which is not near a US border—likely was chosen as President Donald Trump’s latest target because of a “war” between ICE and Mecklenburg County Sheriff Gary McFadden, going back to 2018 when McFadden was among five Black Democrats who won sheriff elections in the state on the promise of ending cooperation with ICE.

The agency targeted Charlotte two years later, posting billboards that showed mugshots of immigrants arrested in the area.

As with other cities Trump has targeted for mass deportation operations this year, crime has been falling in Charlotte, with an 8% decrease in overall crime last month compared to a year prior, and a 20% reduction in violent crimes.

Original article by Julia Conley republished form Common Dreams under Creative Commons (CC BY-NC-ND 3.0). 

Donald Fuhrump says that Amerikkka doesn't bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Donald Fuhrump says that Amerikkka doesn’t bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Orcas discuss Donald Trump and the killer apes' concept of democracy. Front Orca warns that Trump is crashing his country's economy and that everything he does he does for the fantastically wealthy.
Orcas discuss Donald Trump and the killer apes’ concept of democracy. Front Orca warns that Trump is crashing his country’s economy and that everything he does he does for the fantastically wealthy.

Continue ReadingCharlotte Residents Defend Community as ICE Arrives for Latest Trump Immigration Crackdown