How to understand it?

[HN_90]

Please,explain the meaning of the first part of this sentence(before the first comma)
A recent Oxfam report generated welcome headlines ,but If we took the wealth of the world's richest and used it to double, treble or even quadruple the incomes of the world's poorest three billion people would that be enough?
Thanks in advance)

[SoothingDave]

The recent report from Oxfam was good news.

[Matthew Wai]

The headlines mentioning the report were welcomed by people.

Not a teacher.

[Tdol]

The writer is pleased that the Oxfam report became a news story.