UN: 40% of global assets belong to 1% of population
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MANILA, Philippines - About 40 percent of global assets belong to the richest one percent of the world’s population, with the bottom half clinging to just one percent, according to a study commissioned by the United Nations.
The study conducted by a group of independent human rights experts appointed by the UN Human Rights Council showed that inequality has increased in most countries and in almost every region for the past decade.
“We live in a very unequal world,” the experts said in the report....