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Growing Gap Between Rich And Poor Is Fuelling Anger In France -Oxfam

Written by | January 22, 2019 | 0
REUTERS/Arnd Wiegmann The world’s 26 richest people own as much wealth as the poorest half of humanity, Oxfam said Monday. In France, a third of the country’s wealth is in the hands of just eight billionaires. The charity has urged governments to increase taxes on the wealthy to fight soaring inequality. A new report from the charity, published ahead of the World Economic Forum in Davos , also found that billionaires around the world saw their combined fortunes grow by $2.5 billion each day in 2018. The world’s richest man, Amazon CEO Jeff Bezos, saw his fortune increase to $112 billion last year, Oxfam said, pointing out that just one percent of his wealth was the equivalent to the entire health budget of Ethiopia, a country of 105 million people. Meanwhile, the

Macron urges business leaders to stick with France

Written by | January 22, 2019 | 0
REUTERS/Thibault Camus As Emmanuel Macron prepares to pitch a dynamic new France to dozens of business leaders on Monday, many are wondering if the former banker can first win over his opponents. Macron is gathering 150 top executives at the Versailles palace for the second edition of his Choose France summit, to show off reforms aimed at drawing more foreign investment. Executives from blue chips like GE and Microsoft to tech darlings like Uber and Snapchat are expected to attend. Last January the young centrist was basking in the success of labour and tax law overhauls and stressing how he had delivered on promises to make France more competitive and attractive. This year, however, the unnerving images of street fighting and vandalism during two months of fiery “yellow vest”

Michelin returns stars to chef who didn’t want them

Written by | January 22, 2019 | 0
REMY GABALDA / AFP A French chef who shocked the culinary world in 2017 by handing back his Michelin stars says he’s most surprised to find himself back in the prestigious guide’s new edition. Sebastien Bras cited the “huge pressure” that came with Michelin recognition when in September 2017 he requested his three-star restaurant Le Suquet in the rural Aveyron region to be removed from the 2018 guide . Michelin agreed and Claire Dorland Clauzel – the company’s brand manager at the time – told AFP it was “difficult for us to have a restaurant in the guide which does not wish to be in it”. Bras returned to his restaurant and spent the year concocting inventive French cuisine without worrying whether or not it was meeting Michelin’s

Cameroon: 25th Member State to ratify the African Legal Support Facility Treaty

Written by | April 25, 2018 | 0
Abidjan, Côte d’Ivoire, April 24, 2018 – The President of the Republic of Cameroon, Paul Biya, ratified the agreement to establish the African Legal Support Facility (ALSF) on April 13, 2018 in the presence of his cabinet. Cameroon is the 25th Member State to ratify the treaty. The bill authorizing President Biya to ratify the agreement was brought before the Senate, under the chairmanship of Senate President, Marcel Niat Njifenji, after the country’s National Assembly adopted the proposed statute. After the 100 upper house members voted in favour of the bill on March 15, 2018, it was transmitted to the President for ratification. Cameroon has a long-standing cooperation with the ALSF, which has launched and successfully concluded several large-scale projects in the

Mandela family ‘dismayed’ by funeral corruption claims

Written by | December 14, 2017 | 0
Mandela died on December 5, 2013 and was buried at his home village in Qunu on December 15 at a funeral attended by presidents, royalty and several celebrities.. By ODD ANDERSEN (POOL/AFP/File) Nelson Mandela’s family has expressed “indignation and dismay” at allegations that officials stole and misspent $22 million intended for the anti-apartheid icon’s memorial events after his death in 2013. The country’s anti-corruption watchdog last week said it had uncovered evidence that millions of dollars disappeared during preparations for Mandela’s memorial and funeral. Officials are alleged to have inflated costs, awarded tenders fraudulently and generally mismanaged the huge state occasion which drew leaders from around the world. Mandela’s eldest grandson

Mugabe ‘Under House Arrest’ Following Takeover By Army

Written by | November 16, 2017 | 0
Zimbabwe’s military has placed President Robert Mugabe under house arrest in the capital Harare, South African President Jacob Zuma says. Mr Mugabe told Mr Zuma in a phone call that he was fine, the South African leader’s office said. Troops are patrolling the capital, Harare, after they seized state TV and said they were targeting “criminals”. The move may be a bid to replace Mr Mugabe with his sacked deputy, Emmerson Mnangagwa, BBC correspondents say. Mr Mnangagwa’s dismissal last week left Mr Mugabe’s wife Grace as the president’s likely successor. Heavy gun and artillery fire could be heard in northern parts of Harare early on Wednesday. Mr Mugabe, 93, has dominated the impoverished country’s political scene since it gained independence from the

Mugabe: Liberation hero turned despot

Written by | November 16, 2017 | 0
Zimbabwe President Robert Mugabe, the former political prisoner turned guerrilla leader, swept to power in 1980. By JEKESAI NJIKIZANA (AFP/File) Zimbabwe’s veteran leader Robert Mugabe once quipped that he’d rule his country until he turned 100. But, aged 93, his grip on power seems to be ebbing as tensions erupt between his loyal ZANU-PF party and the military that has helped keep him in office. First heralded as a liberator who rid the former British colony Rhodesia of white minority rule, Robert Gabriel Mugabe was soon cast in the role of a despot who crushed political dissent and ruined the national economy. The former political prisoner turned guerrilla leader swept to power in 1980 elections after a violent insurgency and economic sanctions forced the Rhodesian government

Military takes to streets in Zimbabwe but denies coup

Written by | November 16, 2017 | 0
Military vehicles took to the streets of the Zimbabwean capital and prolonged gunfire was heard near the presidential residence early Wednesday as questions mounted over Robert Mugabe’s grip on power, even as the army denied a coup in a state broadcast. Tensions between the 93-year-old leader and the military that has helped prop up his reign have intensified in recent days, with Mugabe’s ZANU-PF party on Tuesday accusing army chief General Constantino Chiwenga of “treasonable conduct”. The military’s actions have been seen as a major challenge to Mugabe, but Major General Sibusiso Moyo went on state television in the early hours of Wednesday to deny the army was targeting the increasingly frail leader. “It is not a military takeover of government,”

Zimbabwe military on streets as questions mount over Mugabe

Written by | November 16, 2017 | 0
Armoured vehicles were seen on the streets near the Zimbabwean capital Harare as questions mounted Wednesday over whether President Robert Mugabe, who has ruled since independence from Britain in 1980, still has a firm grip on power. Tensions between the 93-year-old leader and the military that has been a key buttress to his reign have intensified, and prolonged gunfire erupted near his private residence in the suburb of Borrowdale in the early hours of Wednesday, a witness told AFP. No further details were available. Mugabe’s ZANU-PF party accused army chief General Constantino Chiwenga on Tuesday of “treasonable conduct”. The public dispute has presented a major test for Mugabe, who is in increasingly frail health. Chiwenga had demanded that Mugabe stop purges of senior

Mugabe deputy had ‘designs to seize power’: state media

Written by | November 7, 2017 | 0
Emmerson Mnangagwa has been sacked as vice president by President Robert Mugabe who accused him of being “disloyal”. By Jekesai NJIKIZANA (AFP/File) Zimbabwean Vice President Emmerson Mnangagwa was plotting to seize power, state media said Tuesday, the day after President Robert Mugabe sacked him in a bitter power struggle. Mnangagwa was the leading contender to succeed Mugabe, 93, but his abrupt removal appeared to clear the way for the president’s wife Grace to take over. The government-owned Chronicle newspaper published an excoriating editorial accusing Mnangagwa and his supporters of being “prepared to stampede President Mugabe from power.” “The President had warned his deputy time and again to desist from having grand designs to seize power unconstitutionally,”