Thu, Dec 07, 2006 - Page 1 News List

Richest 1% own 40% of world's wealth: survey

`GROTESQUE INEQUALITY' The largest study yet of wealth distribution by the UN paints a stark picture, revealing that half the globe's population own almost nothing

THE GUARDIAN , LONDON

"It's no use throwing lots of aid at countries that are basically dysfunctional," she said, "The model has been tested to destruction and it doesn't work."

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