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January 20, 2026

Hundreds Protest in Davos Ahead of Trump's Visit
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Hundreds protested in Davos ahead of President Trump's visit to the
World Economic Forum, an annual gathering of global business elites. It
comes as Oxfam released a report Monday warning that the collective
wealth of billionaires hit a record $18.3 trillion and that the total
number of billionaires surpassed 3,000 for the first time in history
last year. Oxfam also reports that highly unequal countries are seven
times more likely to experience the erosion of the rule of law and the
undermining of elections. This is Oxfam's executive director, Amitabh
Behar.

Amitabh Behar: "But the real story is also about how these billionaires
are not content enough with being super rich. Now they're buying
political power. So, they're buying elections. They're buying media
houses. And what you're eventually seeing is a rise of oligarchy. So,
these few billionaires control politics, policies and narratives."



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