The world’s wealthiest five men have more than doubled their fortune since 2020 from $405 billion to $869 billion last year, the charity Oxfam said Monday in a report published as the global elite hobnob at the World Economic Forum in Davos this week. Yet since 2020, nearly five billion people worldwide have grown poorer, Oxfam said. Pointing to the level of “staggering, obscene inequality”, Oxfam International Interim Director Amitabh Behar told FRANCE 24’s Yuka Royer that the world is “entering into an era of billionaire supremacy”.

Houses caught fire after a new volcanic eruption sent smoke and lava spewing out near the Icelandic fishing port of Grindavik Sunday, just hours after villagers were evacuated to safety, authorities said.

Here’s the city of dreams.

Lava is flowing towards an evacuated fishing town.

Denmark turned a page in its history on Sunday when Queen Margrethe formally abdicated and her son became King Frederik X, with big crowds gathered in Copenhagen to witness history. 

‘It’s built out of trauma’