Oxfam, an anti-poverty charity organization based in Oxford, England, has recently reported a significant increase regarding the wealth gap, inequality and the widening trust gap between people and their political leaders around the world. The data also showed that the world's 62 richest people held half of the fortune in the world, a striking evidence that the poor are falling further behind the elites and the political fissures in the United States, Europe and the Middle East.

On the latest report about extreme global wealth inequality released on Sunday, Oxfam emphasized the increasing division between those at the either end of the income spectrum. But according to Reuters, the divisions go far beyond those that exist between the haves and have-nots, citing the division between Shi'ites and Sunnis, which has already reached crisis point.

Moreover, Iran and Saudi Arabia are openly pushing for influence in a region reeling from war and ISIS' barbarism. Unfortunately, the conflicts caused deep ideological fissures in Europe, particularly over the handling of the worst refugee crisis since World War II, not to mention Britain's threats to leave the European Union.

In the United States, on the other hand, the shocking emergence of Donald Trump as the Republicans' presidential candidate has highlighted a gaping political gap in the nation, igniting concerns among Washington's allies amid the global uproar.

"The big winners in our global economy are those at the top," Oxfam said, as per USA Today. "Our economic system is heavily skewed in their (the wealthiest) favor. Far from trickling down, income and wealth are instead being sucked upwards at an alarming rate."

"Rising inequality is a problem for all of us," the organization added. "The OECD (Organization for Economic Cooperation and Development) notes that increasing income inequality poses a risk for social cohesion and threatens to slow down the current economic recovery."

Oxfam unveiled its research just a few days before the Annual World Economic Forum in Davos, Switzerland on Jan. 20 to 23. The annual meeting will be attended by world leaders, corporate titans and members of civil society. They will converge for a week of discussions and workshops on the world's most pressing concerns including rising inequality and widening trust gap between the people and their political leaders.

The event will be attended by U.S. Vice President Joe Biden, Secretary of State John Kerry, Israeli Prime Minister Benjamin Netanyahu and the foreign ministers of both Iran and Saudi Arabia. Canada's new Prime Minister Justin Trudeau, Britain's David Cameron and Mario Draghi are also expected to attend. Hollywood stars such as Leonardo Di Caprio and Kevin Spacey are reportedly attending as well.

Due to Oxfam's report, longtime inequality campaigner and Democratic presidential candidate Sen. Bernie Sander said the issue of wealth and income inequality has become one of the greatest moral, economic and political issue the society is facing today.

"There is something profoundly wrong when the richest 62 people in the world own more wealth than the bottom half of the global population," Sanders said. "The United States is the wealthiest country in the history of the world. We can and must do more to improve the lives of some of the most desperate people."

Meanwhile, a separate report published on Sunday by the International Trade Confederation, which represents 168 million workers in 155 countries, showed that the combined wealth of 24 companies in America. including Amazon, Walmart and the Walt Disney Company could buy Canada. While The World Bank said that more than a billion people live in extreme poverty, living off $1.90 per day.

In order to help fight inequality, Oxfam is calling global leaders to crack down on tax havens, where the rich have punched away $7.6 trillion, CNN Money reported.