Corporate windfall profits surge to $1 trillion amid cost-of-living crisis, NGOs' study finds

Corporate windfall profits surge to $1 trillion amid cost-of-living crisis, NGOs' study finds

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New data on the profits of the world's largest businesses has renewed calls for permanent windfall taxes across all sectors of the economy. A study published on Thursday by Oxfam and ActionAid reveals that 722 global corporations together made more than $1 trillion (€917 billion) a year in…

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