Oxfam report says Covid creates 20 new ‘pandemic billionaires’ in Asia


Source: worldnationnews.com worldnationnews.com

Key Topics in this News Article:

News Snapshot:

The onset of the COVID pandemic has not only taken away the livelihood of millions of people all over the world, but it has apparently also created new billionaires. A recent Oxfam report dubbed as “pandemic billionaires” claimed that 20 people in Asia, mostly associated with the pharmaceuticals sector, increased their wealth during the pandemic period. Saw it. According to the report, as of March 2021, profits from pharmaceuticals, medical equipment and services needed for the COVID response have made 20 people wealthy, while the lockdown and economic stagnation destroyed the livelihoods of millions of others. These people were mainly...