(20 Jan 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Davos, Switzerland – 19 January 2025
1. Wide of Davos resort with mountains in background
2. Wide of World Economic Forum (WEF) venue
3. Mid of sign for the WEF
4. Closeup on sign with logo of WEF
5. Person walking by outside entrance to WEF
6. Various setup shots of Amitabh Behar, Executive Director of Oxfam International
7. SOUNDBITE (English) Amitabh Behar, Executive Director of Oxfam International:
"Just the last year, the billionaires have added $2 trillion to their wealth. This is three times faster than the previous year. This is pretty much for the top ten billionaires, it’s 100 million every day that they have added to their kitty."
8. Exterior of Amazon booth
9. Mid of street with branding of various companies
10. Tilt down from Bank of America sign
11. SOUNDBITE (English) Amitabh Behar, Executive Director of Oxfam International:
"What you’re seeing at the moment is a billionaire president taking oath today, backed by the richest man. So this is pretty much the jewel in the crown of the global oligarchies. And then you I must say that it’s not about one specific individual. It’s the economic system that we have created where the billionaires are now pretty much being able to shape economic policies, social policies, which eventually gives them more and more profit. So that that’s what we’re looking at. And this is an era of billionaire supremacy."
12. People walking by UNICEF billboard reading “Shape the future”
13. Billboard reading “Accelerating Global Trade”
14. Swiss police walking
15. Various of delegates walking
16. SOUNDBITE (English) Amitabh Behar, executive director of Oxfam International:
"On the one hand, you see the billionaire wealth explode and explode enormously. On the other hand, you see 44% of the global population, which is 3.6 billion people, still living below the poverty line. And that is what we had the numbers in 1990. So you don’t see any change, you still have 3.6 billion people living below the poverty line."
17. Exterior of WEF building
18. Wide of street with “AI house” in red
19. “AI house” branding with an intel billboard in background
20. Branding for Cisco and Deloitte
21. Branding for Tata with mountain in background
22. Wide of street with various corporate branding
23. Branding for Salesforce
24. Branding for automation services
25. Various of TikTok booth
26. Wide of ice rink
27. Mid of traditional Swiss mountain lodge
28. Mid of Swiss and regional flags
29. Wide of mountain range
STORYLINE:
Billionaires’ wealth grew three times faster in 2024 than the year before, while the number of the world’s poor has barely changed over the last quarter-century, a top anti-poverty group reported Monday.
Oxfam International, in its latest assessment of global inequality timed for an annual gathering of elites in Switzerland, also predicts at least five trillionaires will crop up over the next decade — a year after forecasting that one would appear over that span.
The report entitled “Takers Not Makers” serves up research that adds weight to a warning by outgoing U.S. President Joe Biden last week of a “dangerous concentration of power in the hands of very few ultra-wealthy people.”
The sharp-edged report comes as the World Economic Forum this week hosts some 3,000 people including business executives, government and civic group leaders, academics and others at its annual meeting in Davos.
Video shot by David Keyton
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