Thursday October 30, 2014
// October 30th, 2014 // Daily News
Number of billionaires doubles since financial crisis
The super-rich club has become less exclusive, with the amount of billionaires doubling since the financial crisis, according to a report from global charity Oxfam.
There were 1,645 billionaires globally as of March 2014, according to Forbes data cited in the Oxfam report, up from 793 in March 2009.
Oxfam honed in on this figure to highlight the growing gap between the world’s rich and poor. Hundreds of millions of people live in abject poverty without healthcare or education, while the super-rich continue to amass levels of wealth they may never be able to spend.
The report ‘Even it Up: Time to End Extreme Inequality’ noted that the world’s richest 85 people saw their wealth jump by a further $668 million per day collectively between 2013 and 2014, which equates to half a million dollars a minute.
In January Oxfam issued a report highlighting that the world’s 85 richest people’s collective wealth is equal to that the poorest half of the world’s population.
“Far from being a driver of economic growth, extreme inequality is a barrier to prosperity for most people on the planet,” said Winnie Byanyima, international executive director of Oxfam.
“Inequality hinders growth, corrupts politics, stifles opportunity and fuels instability while deepening discrimination, especially against women,” she added.
The Oxfam report is the opening salvo of a fresh Oxfam campaign – Even it Up – which aims to push world leaders into helping ensure the poorest people get a fairer deal.
Today’s Inspiration
First Things First
by Joyce Meyer – posted October 30, 2014
But seek (aim at and strive after) first of all His kingdom and His righteousness (His way of doing and being right), and then all these things taken together will be given you besides.
—Matthew 6:33
Too often we spend all of our time seeking God for answers to our problems when what we should be doing is just seeking God.
As long as we are seeking God, we are staying in the secret place, under the shadow of His wing. Psalm 91:4 says, “Under His wings shall you trust and find refuge.” But when we start seeking answers to all the problems and situations that confront us, trying to fulfill our desires rather than God’s will, we get out from under the shadow of His wing.
For many years I sought God about how I could get my ministry to grow. The result was that it stayed just the same as it was. It never grew. Sometimes it even went backward. What I didn’t realize was that all I needed to do was to seek the kingdom of God, and He would add the growth.
Do you realize that you don’t even have to worry about your own spiritual growth? All you need to do is seek the Kingdom, and you will grow. Seek God, abide in Him, and He will cause increase and growth.
A baby just drinks milk and grows. All you and I have to do is desire the sincere milk of the Word, and we will grow (see 1 peter 2:2). We can never experience any real measure of success by our own human effort. Instead, we must seek first the kingdom of God and His righteousness; then all these other things we need will be added to us.