Transcripts for BBCNEWS World Business Report 20240604 05:40:00

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In exports in december but weak Credit Growth and persistent deflationary pressure calling for more stimulus measures. Today 0xfam has released its report on inequality and global corporate power. Its release coincides with the World Economic Forum in davos that we just talked about. Critics of the summit say it is failing to address growing global inequality. 0xfams report says that the wealth of the poorest 60 has fallen that accounts for almost Five Billion people. The report also shows that in that same time corporate wealth has soared, with the worlds five richest men more than doubling their fortunes. 0xfam says that if we stay on the current trajectory, the world will have its first trillionaire within a decade, but Poverty Wont be eradicated for another 229 years. Live now to swetha ramachandran, fund manager, artemis investment management

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