Wealth inequality is a global emergency that threatens democracy and social cohesion, experts warned Tuesday, urging G20 leaders meeting in South Africa this month to establish a panel to tackle the crisis. The proposed panel on inequality was inspired by the UN's expert Intergovernmental Panel on Climate Change (IPCC), which analyses the risks of global warming and proposes solutions.

Wealth inequality is a global emergency that threatens democracy and social cohesion, experts warned Tuesday, urging G20 leaders meeting in South Africa this month to establish a panel to tackle the crisis. The proposed panel on inequality was inspired by the UN's expert Intergovernmental Panel on Climate Change (IPCC), which analyses the risks of global warming and proposes solutions.

A G20 taskforce established by South African President Cyril Ramaphosa has called for the creation of an international panel to tackle inequality, warning that extreme wealth disparities disrupt democracy and cause economic instability.

It warned that extreme wealth disparities disrupt democracy and cause economic instability. Read more at straitstimes.com. Read more at straitstimes.com.