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Oxfam: Pandemic Profits Made By World's 10 Richest Could Pay for Everyone's Vaccines
Anti-poverty campaigner Oxfam warned Monday that the fallout of the coronavirus pandemic will lead to the biggest increase in global inequalities on record unless governments rejig their economies
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Fact Check: Trump Spreads Distortions at Davos
President Donald Trump spread distorted information about the U.S. economy and his administration’s involvement with historically black colleges in a preening performance Tuesday at the Davos economic conference in the Swiss Alps.
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Climate Not Considered a Top 10 Risk by CEOs: Survey
Climate issues are set to be one of the main talking points at the World Economic Forum in the Swiss ski resort of Davos this week, but a survey of CEOs released Monday shows that they are not even ranked among the top ten threats to business growth.
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‘The Milkman Model': Big Brand Names Try Reusable Containers
A new shopping platform announced Thursday at the World Economic Forum aims to change the way we buy many brand-name products. Loop, as the platform is called, would do away with disposable containers for things like shampoo and laundry detergent from some of the world’s biggest manufacturers. Instead, those goods will be delivered in sleek, reusable containers that will be...
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125-Pound Baby Rhino Born at Safari Park
Justin, a nine-day-old southern white rhino at the San Diego Zoo Safari Park, isn’t afraid of much – as long as his mom is nearby. The 125-pound rhino recently went toe-to-toe (hoof-to-hoof?) with a cape buffalo while mom watched from a safe distance, but mostly the newborn likes to check out his new surroundings and nap (a lot).
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Trump at Economic Forum: Threatens Palestinians, Reassures Brits
President Donald Trump barreled into a global summit in the Swiss Alps on Thursday, threatening to stop U.S. aid to the Palestinians and dismissing as a “false rumor” the idea that there are tensions in the U.S. relationship with Britain. Trump’s debut appearance at the glitzy World Economic Forum was hotly anticipated, with longtime attendees of the free-trade-focused event wondering...
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Trump: I'd Reconsider Pacific Trade Deal If It Were Better
President Donald Trump, at the World Economic Forum in Switzerland, sat down with CNBC Thursday and said he would reconsider the Trans-Pacific Partnership trade agreement if the U.S. were able to nail down a “substantially better” deal. “I would do TPP if we were able to make a substantially better deal. The deal was terrible, the way it was structured...
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World's Richest 1 Percent Holds 82 Percent of the Wealth: Report
Over 80 percent of the world’s wealth is owned by the richest 1 percent of the world’s population, widening the economic inequality gap, according to an Oxfam report released Monday. The charity Oxfam, an international confederation of 20 non-profits working in over 90 countries to end the injustices, also found the wealth of billionaires had increased by 13 percent a...
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‘Dare to Take New Steps': Iceland to Require Employers Prove They Offer Equal Pay
Iceland will be the first country in the world to make employers prove they offer equal pay regardless of gender, ethnicity, sexuality or nationality, the Nordic nation’s government said Wednesday — International Women’s Day. The government said it will introduce legislation to parliament this month, requiring all employers with more than 25 staff to obtain certification to prove they give...
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Israel's Shimon Peres Hospitalized After Stroke
Former Israeli President Shimon Peres suffered a “major stroke” on Tuesday and experienced heavy bleeding in the brain, a hospital official said, as doctors raced to stabilize the 93-year-old Nobel laureate. Dr. Itzik Kreiss, director of the Sheba Medical Center, told reporters outside the hospital near Tel Aviv that Peres experienced “lots of bleeding” as a result of the stroke....
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Pope Meets With Fellow Green Campaigner, Leonardo DiCaprio
The Oscar-nominated actor had a morning audience with the pope Thursday.
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Prince Andrew Denies Claims He Had Sexual Contact with Underage Girl
Britain’s Prince Andrew on Thursday publicly denied allegations he had sex with an underage teenager.