“The global economy is broken,” Oxfam says in a new report which finds eight billionaires own as much wealth as the poorest half of the world’s population.
Caracas (Venezuela) - Venezuela’s capital Caracas was once one of the world’s wealthiest cities. Today the country is deep in recession. It has the world’s highest inflation and there are widespread food shortages.
“The global economy is broken,” Oxfam says in a new report which finds eight billionaires own as much wealth as the poorest half of the world’s population.
Caracas (Venezuela) - Venezuela has closed its border with Colombia for three days to try to stop smuggling gangs who are accused of causing economic turmoil.