5-speed listening (Income Inequality - Level 0)

Eight billionaires as rich as half the world


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READING:

A report from the charity Oxfam said eight billionaires are as rich as half the world. They have as much money as the 3.6 billion poorest people. The richest man is Microsoft's founder. He is worth $75 billion. Oxfam said: "The gap between rich and poor is far greater than [we thought]." It said this was unfair.

Oxfam said it was shocking that one in 10 people survive on less than $2 a day. This means millions of people are very, very poor. Oxfam said: "Across the world, people are being left behind. Their wages are [not going up] yet…bosses take home million-dollar bonuses." An economist said Oxfam should not attack rich people.

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Income Inequality - Level 1  |   Income Inequality - Level 2  |   Income Inequality - Level 3

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