The richest 1% own more than 99% of world’s population
The super rich are getting richer and the poor are getting poorer, according to a report by international aid charity Oxfam. The richest one percent own more than the other 99 percent put together. It says that World leaders’ concern about the escalating inequality crisis has so far not translated into concrete action. “The world […]
Oil market shaken by Iran’s plan to boost output
Iran has said it plans to increase oil production by 500,000 barrels per day now that sanctions have been lifted under a nuclear deal with world powers. Analysts say the decision is likely to bring down the price of oil further in the world market. Roknoddin Javadi, deputy oil minister, said Iran is determined to […]
John Kerry declares Obama’s work with Iran a success: ‘The world is a safer place today’
Secretary of State John F. Kerry said Monday that the world is safer now that major provisions of the historic Iranian nuclear deal were implemented over the weekend. “The world is safer today,” Mr. Kerry said on MSNBC’s “Morning Joe.” “Before we had this agreement, Iran had a completely invisible, unaccountable, unverified nuclear program.” Iran […]
WATCH: British lawmakers debate banning Donald Trump from U.K.
TRENTON — To ban Donald Trump or not to ban Donald Trump — that is the question British lawmakers are considering Monday. Members of the British Parliament are currently debating whether to bar the billionaire businessman and Republican presidential front-runner from the United Kingdom in the wake of his controversial proposal to temporarily ban Muslims […]