2021-04-27: News Headlines

VOXEU (2021-04-27). Growing Concentration Of Wealth In Italy: Evidence From New Source Of Data — Analysis. eurasiareview.com Growing wealth disparities can have corrosive effects on equality of opportunity when they crystallise over time and turn into persistent disparities across generations. This column uses newly assembled data from Italian inheritance tax records to show that the wealth share of the top 1% (half a million individuals) increased from 16% in 1995 to 22% in 2016, and the share accruing to the top 0.01% (the richest 5,000 adults) almost tripled from 1.8% to 5%. In contrast, the poorest 50% saw an 80% drop in their average net wealth over the same period. The data also reveal the growing role of inheritance and gifts…

S. Brian Willson (2021-04-27). Goebbels Is Alive in Nicaragua: Relentless US Conspiracy Against Nicaragua by Concocting Fake Narratives and Instituting Terror. globalresearch.ca "A lie told once remains a lie, but a lie told …