International

Monday, January 18th 2016 - 10:32 UTC
Oxfam claims the richest 1% has as much wealth as the rest of the world combined

The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam. It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality. Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population.
Monday, January 18th 2016 - 09:07 UTC
Labor leader calls for “accommodation” on the Falklands issue with Argentina

British Labor leader and head of the opposition Jeremy Corbyn has called for “accommodation” with Argentina in the Falkland Islands, and anticipated that any discussions over the future of the Islands should give inhabitants an “enormous say”, but stopped short of giving them a veto.
Monday, January 18th 2016 - 05:52 UTC
All negotiations with holdout funds will be made public, announced Argentina

Argentina announced that all the details of the negotiation with the speculative funds, taking place in New York, will be made public in order to guarantee the transparency of the process. The news from the Finance Ministry dismissed reports that the holdouts were demanding the Argentine government sign a confidentiality agreement before talks can begin.
Monday, January 18th 2016 - 05:34 UTC
War between Saudi Arabia and Iran could send oil prices to $250

By James Stafford of Oilprice.com - The rift between Saudi Arabia and Iran has quickly ballooned into the worst conflict in decades between the two countries. The back-and-forth escalation quickly turned the simmering tension into an overt struggle for power in the Middle East
Saturday, January 16th 2016 - 10:05 UTC
St Helena and its new airport get ready for tourism take-off

The Guardian Weekly has published a piece on prospects for St Helena with the opening of its international airport, most probably next May, and which is expected to turn the mid Atlantic's island economy, particularly with tourism, since none less that Napoleon Bonaparte spent his last years until his death, almost two centuries ago.
Saturday, January 16th 2016 - 07:37 UTC
Migration to foreign countries surged 41% in the last 15 years, says UN report

The number of people who migrated to foreign countries surged by 41% in the last 15 years to reach 244 million in 2015, according to a United Nations study released this week. Of those people, 20 million are refugees.
Saturday, January 16th 2016 - 07:32 UTC
UK confident of positive side for Gibraltar of Spanish royal family visit to UK

The visit by the Spanish Royal family to the United Kingdom, scheduled for March, will celebrate and strengthen the ties between both countries. This according to the British Ambassador in Madrid, Simon Manley, who highlighted the existing co-operation between the law enforcement agencies in Spain and Gibraltar.
Friday, January 15th 2016 - 12:09 UTC
FIFA fines federations for homophobic remarks from fans, including Argentina, Chile and Uruguay

Anti-gay chants by fans have led to fines for six football associations. Match reports revealed that fans of Argentina, Chile, Honduras, Mexico, Peru and Uruguay yelled homophobic remarks during qualifying matches for the 2018 World Cup.
Friday, January 15th 2016 - 12:04 UTC
Fiat-Chrysler faces allegations of encouraging dealers to inflate monthly sales

Italian-American carmaker Fiat Chrysler Automobiles (FCA) is denying allegations that it encouraged dealers to inflate monthly sales. The car company is being sued by a US dealer who says it encouraged dealerships to lie about monthly car sales.
Friday, January 15th 2016 - 07:57 UTC
Renault passes 'surprise VW emissions scam test', but impact is felt on shares

Shares in French carmaker Renault plunged 20%, before recovering to close 10.3% lower, after police raids on the company's facilities. The firm confirmed the raids took place last week and said investigators wanted to check equipment at its factories.