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Oxfam Says 82% Of Global Wealth Belongs To Richest 1%, Stresses Widening Inequality Gap

The global charity Oxfam claimed that the amount of wealth that is present with the poorest 50 percent worldwide is owned by just 42 people.   There was a call for addressing the increasing gap existing between the super-rich and the rest of the world population given by the Oxfam report...

$3.83 A Month Offered By Venezuela President For Pregnant Women

A little additional cash is being doled out to pregnant women by the Venezuelan President Nicolas Maduro.   And the emphasis is completely on the words "a little."   A payment of 700,000 bolivars a month would be paid by the Venezuelan government to pregnant women, announced Maduro...

Corruption Charges Held In Court, Lotte Founder, Chairman Convicted

The Lotte Group chairman and his son barely escaped jail even though they were convicted on corruption charges on Friday.   Sources among the court officials conformed that the 95 year old age factor of founder Shin Kyuk-ho was behind an arrest warrant not being issued against him despite...

New Study Finds Solitude Seeking People Are Typically More Creative

God proclaimed that “it is not good for the man to be alone” in the Book of Genesis and it is perhaps the earliest evidence on the harmful effects of loneliness and solitude.   Poor academic performance, bad interpersonal relationships, reducing self -esteem and risks of anxiety...

New Normal For Office Workers Is Flexibility Of Remote Working, Says A Survey

A recent study from Staples has shown that only about 32 percent of all employees have spent their time working in their office all the time this year. According to the study, the new normal for office workers is the flexibility to be able to work remotely. And the conclusion of the study also...

In A $5 Million Scam 'Straight Out Of Le Carre', Billionaire Branson Was Targeted

The billionaire founder of the Virgin group, Richard Branson, has been attempted to be coaxed into making a contribution of $5 million to a supposed secret ransom payment by a fraudster posing as Britain’s defense minister, the flamboyant business tycoon has revealed recently.   Later, a...

Women To Drive In Saudi Arabia Will Now Be Allowed To Dive After Saudi King Issues Decree

Ending a conservative tradition seen by rights activists as an emblem of the Islamic kingdom's repression of women, the Saudi King Salman ordered that women be allowed to drive cars.   Despite gradual improvement on some women's issues in recent years and ambitious government targets to...

Now The World's Richest Woman Now Is A L'Oreal Heiress

The spotlight on a reclusive 64-year-old heiress who now finds herself as the richest woman in the world, has now been put by the death this week of L’Oreal SA’s founding family matriarch.   The glittering social life that Liliane Bettencourt had once embraced has been shunned by her...

Hong Kong Court Bans China's Former Richest Man From Its Business World

Just banned from Hong Kong's business world is a Chinese entrepreneur Li Hejun, who briefly held the title of China’s richest man.   A ruling of being involved with the management or being a director of any Hong Kong listed or unlisted company for eight years was issued for Li by a Hong...

Claiming Merkel’s Days Are Numbered, First Far-Right Party Set To Enter German Parliament Since 1945

The chances of Anegla Merkel serving the full four years are becoming increasingly slim, even though she may be poised to enter her fourth term as German Chancellor, according to her far-right challengers the AfD.   When Germany heads to the polls on September 24, gaining an almost 50...

Trump’s Non-Reaction Over Charlottesville Forces Three CEOs To Resign From Trump Council

Following Trump's initially tepid response to weekend violence at a rally of white supremacists in Charlottesville, Virginia, the chief executives of Intel Corp, Merck & Co Inc and Under Armour Inc resigned from U.S. President Donald Trump's American Manufacturing Council on Monday.   "I...

Officials Say That Laptop Ban By U.S. Is Likely To Be Expanded To Europe

The Trump administration is reviewing how to ensure lithium batteries stored in luggage holds do not explode in midair and is likely to expand a ban on laptops on commercial aircraft to include some European countries.   U.S. carriers such as United Air Lines, and American Airline Group...
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