NEW DELHI, Aug 06 (IPS) – Amitabh Behar is Executive Director of Oxfam internationalWe are living in a world of multiple crises of inequality, climate breakdown and conflict. Billions of people globally are facing huge hardship. Whole governments, too, are virtually bankrupt, with extremely high debt levels forcing them to implement brutal and deeply unpopular cuts and tax rises for ordinary people. 3.3 billion people live in countries that spend more on debt interest payments than on either education or health.
NEW DELHI, Aug 06 (IPS) – Amitabh Behar is Executive Director of Oxfam internationalWe are living in a world of multiple crises of inequality, climate breakdown and conflict. Billions of people globally are facing huge hardship. Whole governments, too, are virtually bankrupt, with extremely high debt levels forcing them to implement brutal and deeply unpopular cuts and tax rises for ordinary people. 3.3 billion people live in countries that spend more on debt interest payments than on either education or health.Read the full story, “G20 Leaders Must Listen To Their People and Agree To Tax the Ultra-Rich”, on globalissues.org →