Warren Buffett. Getty Images / Drew Anger Pope Francis Vernon Buffett argues that free markets cannot address growing inequality. Pontiff said in a letter to the bishops of the Catholic Church over the weekend that “magical principles” such as trickle-down economics would not solve all of society’s problems. Buffett argued …
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According to new research, the world’s richest 1% of the population was responsible for more than half of the world’s poorest half of carbon dioxide emissions from 1990 to 2015. Carbon dioxide emissions have increased by 60% over a 25-year period, but emissions of the richest 1% have tripled compared …
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Sandi Bachom, 75, never expected to be fired. They once earned a six-figure salary at a New York City advertising agency and lived a comfortable life. But after she divorced, lost her job and was hit by a car, she fell behind on her $ 3,000 monthly rent. In April …
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Speaking about the Covid-19 pandemic and a potential vaccine, Pope Francis said on Wednesday that the richest in the world should not be given priority over the poor. “And what a scandal it would be if all the economic assistance we observe – most of it with public money – …
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Dangerous heat waves are exacerbating systemic racial inequalities, and high temperatures are expected to further harm communities of color if greenhouse gas emissions continue to rise, according to new research. Extreme heat is one of the deadliest climate hazards facing humanity due to the climate crisis, which contributes to thousands …
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