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France boosts anti-terror strategy

Written By Unknown on Rabu, 21 Januari 2015 | 18.19

21 January 2015 Last updated at 10:47

France is to create 2,680 new jobs and boost spending by 425m euros (£325m) to bolster counter-terrorism efforts, Prime Minister Manuel Valls has said.

He said such resources were crucial to dealing with an expanded extremist threat, with 3,000 people currently requiring surveillance across France.

Mr Valls was laying out the government's plans following attacks in Paris in which 17 were killed.

Earlier, a prosecutor gave details on four men charged over the attacks.

Three of the men are alleged to have helped supply arms to Amedy Coulibaly, who is believed to have shot dead a policewoman on 8 January, a day before attacking a Jewish supermarket in Paris where four hostages were killed.

On 7 January two brothers, Said and Cherif Kouachi, attacked the Paris offices of satirical magazine Charlie Hebdo, killing 12. All three gunmen were shot dead by police.

Paris prosecutor Francois Molins said that international co-operation with authorities in Turkey, Spain and Belgium would continue, as investigators sought information on possible accomplices, the suspects' travel records, and information about how they got their weapons.

Announcing new counter-terrorism resources, Mr Valls said security forces would be provided with better equipment and protection, including bullet-proof vests.

"We will pursue this fight against terrorism relentlessly," he said.

Since the attacks, France has deployed more than 10,000 troops across the country to protect public spaces and sensitive sites such as schools, synagogues and mosque.


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Obama demands spread of wealth

21 January 2015 Last updated at 09:34
President Obama giving his State of the Union address

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President Obama: "Tonight we turn the page"

US President Barack Obama has declared an end to the financial crisis and pledged economic policies to benefit all Americans, in his annual State of the Union address to Congress.

In a speech devised to appeal to working families, Mr Obama outlined his strategy for "middle-class economics".

"It's now up to us to choose who we want to be over the next 15 years," he said.

But the plans are unlikely to make it past a Republican-controlled Congress.

Analysis: BBC's North America editor, Jon Sopel

Most of this speech must be seen as essentially aspirational, given the Republican control of both houses of Congress - and their antipathy towards the president

So if this speech stands little chance of becoming legislative reality, what was it all about?

First of all legacy. This is a president who seems to be following Winston Churchill's maxim that history is written by the winners.

A rock star sealing his legacy

In a speech which he described as more focused on values than policies, Mr Obama declared America had turned a page after the worst recession since the Depression.

The president said he planned to build on this growth by providing working families with help in the form of sick and maternity leave and affordable childcare.

"Will we accept an economy where only a few of us do spectacularly well? Or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort?"

Mr Obama's speech included plans to build a competitive economy by improving America's infrastructure and providing free access to community college.

"This plan is your chance to graduate ready for a new economy, without a load of debt," he said.

At the weekend, the White House pledged to close tax loopholes on large inheritances, raise capital gains tax on the richest earners from 23.8% to 28% and introduce new fees on US financial firms with assets about $50bn.

Some senior members of the Republican party dismissed this as "class warfare".

Other plans outlined by the president include:

  • improve statutory sick leave and minimum wage
  • help nine million students to pay for community college
  • stronger cybersecurity and consumer protection
  • continue with plans to shut the prison in Guantanamo
  • equal pay for men and women
President Obama acknowledging the audience after giving his 2015 State of the Union address

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The BBC's Katty Kay says battle lines are clearly drawn

On foreign policy, Mr Obama said America reserved the "right to act unilaterally" in hunting down terrorists and called on Congress to pass a resolution to authorise the use of force against Islamic State.

The president reiterated his belief that the US could negotiate an agreement to prevent Iran gaining nuclear weapons and said he would veto any new sanctions bill which threatens this.

He said his decision to end America's long-standing policy on Cuba and try something new had the potential to "end a legacy of mistrust in our hemisphere".

Alan Gross, who was recently released after spending five years in a Cuban prison, was among Michelle Obama's guests to hear the president.

On Wednesday, Russian Foreign Minister Sergei Lavrov denounced the speech as an indication of what he said was the determination of the US to dominate international affairs.

"Americans have set a course for confrontation," Mr Lavrov said. "Obama's address yesterday shows that there's just one thing at the heart of [their] philosophy: 'We are number one'... It shows that the United States wants to dominate the world."

'Best for America'

In ending his address, Mr Obama said he was optimistic he could work with Congress, despite months of political gridlock.

"I have no more campaigns to run. My only agenda for the next two years is the same as the one I've had since the day I swore an oath on the steps of this Capitol - to do what I believe is best for America," he said.

But consensus with the Republican party on many of the issues he outlined is unlikely.

In their official rebuttal, Republican senator and rising star, Joni Ernst, said Americans have not seen solutions from Mr Obama and criticised his health and immigration policies.

"Americans have been hurting, but when we demanded solutions, too often Washington responded with the same stale mindset that led to failed policies like Obamacare," she said

The senator called on Mr Obama to work with Republicans on issues where they might have common ground - including a trade deal and tax code reform.


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Tel Aviv bus passengers stabbed

21 January 2015 Last updated at 10:22
An Israeli police officer secures the scene after a stabbing in Tel Aviv

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Officers are patrolling the area to prevent further attacks

Israeli police say they have shot a Palestinian man from the West Bank who stabbed at least 10 people in an attack on a bus in central Tel Aviv.

The incident occurred on Maariv bridge where the suspect attacked people both on and outside the bus, police said.

Police say they are treating the incident as a terrorist attack.

The perpetrator attempted to flee the scene following the attack, and was lightly wounded after being shot in the leg, a police spokeswoman said.

Three of the victims were in a serious condition, with four others in a moderate condition and three lightly wounded, according to the ambulance services.

Officers are patrolling the area to prevent further attacks, police spokesman Micky Rosenfeld said on his Twitter account.

The street around Maariv bridge has been closed.

Police officials said that the suspect was a 23-year-old illegal worker from Tulkarem, a town in the occupied West Bank.

"The terrorist stabbed the bus driver several times but the driver fought back until he [the suspect] fled on foot and was neutralised by a guard from the prisons' service," a police statement said.

Eyewitnesses said the driver fought back by using pepper spray on the attacker.

A prisons' service officer told army radio how the attack unfolded.

"We saw the bus swerve to the side... then stop at a green light," the officer, identified only as Benny, said.

"Suddenly we saw people running out of the bus and when we saw them shouting for help, we jumped out... and started running after the terrorist. At first we fired in the air, then at his legs."

Israeli Prime Minister Benjamin Netanyahu blamed Palestinian Authority leader Mahmoud Abbas for the attack.

The attack was "the direct result of the poisonous incitement being disseminated by the Palestinian Authority against the Jews and their state", he said.

The Israeli government frequently accuses Palestinian groups of inciting violence.

The government has been angered by Mr Abbas' efforts to secure Palestinian membership of the International Criminal Court (ICC) and agreement to a unity government with militant group Hamas.

The Palestinians blame Israeli government policies, particularly the expansion of settlements, for the increase in violence, correspondents say.

Izzat Risheq, a senior Hamas official, praised the stabbing attack.

Speaking from Qatar, he described it as "a natural response to the crimes of the occupation and terrorism against the Palestinian people".

Israeli police say there has been a pattern established in recent months where individual Palestinians, without sophisticated weapons, have attacked civilians at random, the BBC's Kevin Connolly in Jerusalem reports.

Late last year, a number of Israelis were killed in attacks by Palestinians using weapons including knives and even vehicles to run down pedestrians.

Four Israelis were killed in November after two Palestinians armed with a pistol and meat cleavers attacked a synagogue in West Jerusalem.

Our correspondent says the latest round of tensions began to increase last year, after the summer conflict in Gaza and disputes over access to religious sites in the old city of Jerusalem.

More than 2,100 Palestinians were killed in Gaza during the Israel-Gaza conflict, the majority of them civilians according to the UN.

Sixty-seven Israeli soldiers, and six civilians in Israel, were also killed.


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Landmark US-Cuba talks to start

21 January 2015 Last updated at 10:53

The US and Cuba are due to hold their highest-level talks in decades in the Cuban capital, Havana.

The talks are part of a thaw in relations between the two rivals announced last month in simultaneous speeches by US President Barack Obama and his Cuban counterpart, Raul Castro.

They come only hours after Mr Obama urged Congress to seize the chance to end the US trade embargo against Cuba.

The talks will focus on migration and restoring full diplomatic ties.

'New era'

The US delegation will be led by Roberta Jacobson, the top US diplomat for Latin America. The last time someone of her level of seniority visited Cuba was 35 years ago.

BBC state department correspondent Barbara Plett Usher says the meetings feel like the beginning of a new era in relations between the two nations.

Our correspondent says the US will be asking for an end to current restrictions on its diplomats so it can upgrade its interest section in Havana to a full embassy.

The Cubans have not made their agenda public, but talks are expected to focus on migration issues on Wednesday and fuller diplomatic relations on Thursday.

On Tuesday, President Obama stressed the importance of the thaw in US-Cuban relations in his State of the Union address to Congress.

He said his decision to engage with Cuba after decades of frozen relations had the potential to "end a legacy of mistrust in our hemisphere".

He also urged Congress to begin work on ending the US trade embargo against Cuba, which has been in force for more than five decades.

"In Cuba, we are ending a policy that was long past its expiration date. When what you're doing doesn't work for 50 years, it's time to try something new," he said.

The president said the shift in his administration's Cuba policy removed "a phony excuse for restrictions in Cuba; stands up for democratic values; and extends the hand of friendship to the Cuban people".

However, President Obama does not have the power to lift the embargo, only Congress can do that and correspondents say many Republicans are still deeply opposed to this.

Listening to Mr Obama was Alan Gross, the US contractor whose release on 17 December after five years in a Cuban jail was a key part of the deal agreed by Cuba and the US.

Mr Gross was among the guests invited by First Lady Michelle Obama.

In a reflection of the divided views among US politicians on relations with Cuba, Republican House Speaker John Boehner invited Cuban dissident Jorge Luis Garcia Perez.

Mr Garcia Perez, who was held for 17 years in a Cuban prison. has called President Obama's move a "betrayal" that leaves the island's opposition "defenceless".


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Europe 'faces political earthquakes'

Written By Unknown on Selasa, 20 Januari 2015 | 18.19

20 January 2015 Last updated at 01:09 Mike WooldridgeBy Mike Wooldridge World Affairs correspondent

Political earthquakes could be in store for Europe in 2015, according to research by the Economist Intelligence Unit for the BBC's Democracy Day.

It says the rising appeal of populist parties could see some winning elections and mainstream parties forced into previously unthinkable alliances.

Europe's "crisis of democracy" is a gap between elites and voters, EIU says.

There is "a gaping hole at the heart of European politics where big ideas should be", it adds.

Low turnouts at the polls and sharp falls in the membership of traditional parties are key factors in the phenomenon.

'Highly destabilising'

The United Kingdom - going to the polls in May - is "on the cusp of a potentially prolonged period of political instability", according to the Economist researchers.

They say there is a much higher than usual chance that the election will produce an unstable government - predicting that the populist UK Independence Party (UKIP) will take votes from both the Conservatives and Labour.

The fragmentation of voters' preferences combined with Britain's first-past-the-post electoral system will, the EIU says, make it increasingly difficult to form the kind of single-party governments with a parliamentary majority that have been the norm.

But the most immediate political challenge - and test of how far the growing populism translates into success at the polls - is in Greece. A snap general election takes place there on 25 January, triggered by parliament's failure to choose a new president in December.

Opinion polls suggest that the far left, populist Syriza could emerge as the strongest party. If it did and was able to form a government, the EIU says this would send shock waves through the European Union and act as a catalyst for political upheaval elsewhere.

"The election of a Syriza government would be highly destabilising, both domestically and regionally. It would almost certainly trigger a crisis in the relationship between Greece and its international creditors, as debt write-offs form one of the core planks of its policy platform," the EIU says.

"With similar anti-establishment parties gaining ground rapidly in a number of other countries scheduled to hold elections in 2015, the spill-over effects from a further period of Greek turmoil could be significant."

'Immigration and austerity'

Other examples of European elections with potential for unpredictable results cited by EIU include polls in Denmark, Finland, Spain, France, Sweden, Germany and Ireland.

"There is a common denominator in these countries: the rise of populist parties," the EIU says,

Tunisian woman casting vote

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What next for global democracy?

"Anti-establishment sentiment has surged across the eurozone (and the larger EU) and the risk of political disruption and potential crises is high."

Its analysis is that populist parties and movements - of the left, the right and the indeterminate - are moving into the space that has opened up between the old political parties and their traditional social base.

Opposition to governance from Brussels, immigration and austerity are key themes and rallying cries for many of these parties.

'Upsurge of protests'

Meanwhile, alongside the rise to prominence of populist movements, there has been an upsurge of popular protest in many parts of the world in recent years.

The EIU estimates that significant protest movements surfaced in more than 90 countries during the past five years - in the main, it says, led by young, educated, middle class individuals who resent their political leaders and who prefer Twitter and other social networks to the traditional political soap box.

"An upsurge of popular protest has swept through Europe, the Middle East, North Africa and Latin America in recent years. Other regions such as Asia and North America have been less susceptible, although have not escaped entirely," the EIU says.

"The mainsprings of the protests have been different - some have been responses to economic distress, others are revolts against dictatorship; some are expressions of a popular desire to have their voices heard by political elites, others express the aspirations of new middle classes in fast-growing emerging markets."

BBC Democracy Day
  • Democracy Day takes place on Tuesday 20 January, across BBC radio, TV and online
  • A look at democracy past and present, encouraging debate on its role and future
  • 2015 marks the 750th anniversary of the first parliament of elected representatives at Westminster
  • It also sees the 800th anniversary of Magna Carta - a touchstone for democracy worldwide
  • Go to the BBC News website's Democracy Day page, for analysis, backgrounders and explainers on the debate

All these developments pose the question of whether they do actually represent a threat to democracy or are proof that it is alive and well.

If we take the Arab Spring as a springboard for democracy in a region where it was notable for its absence, the result so far of course has been decidedly limited democratic change and a great deal of upheaval.

And the impact of the pro-democracy movement in Hong Kong, for example, is yet to become clear - protesters there dismissing Beijing's proposals for the way in which Hong Kong will be able to choose its own leader as "fake democracy".

And in the world's most populous nation itself, Western-style democracy is nowhere on the horizon - though whether that position can and will be sustained indefinitely in the face of democratic trends elsewhere in Asia and the expansion of China's middle class is another question.

For now, the unpredictable fate of the "old" democracies will undoubtedly be watched closely by governments and activists of all political hues around the world.

Have you taken part in demonstrations? How would you describe democracy where you live? You can email haveyoursay@bbc.co.uk with your experiences. Please include a telephone number if you are willing to be contacted by a BBC journalist.

Have your say

Send your pictures and videos to yourpics@bbc.co.uk or text them to 61124 (UK) or +44 7624 800 100 (international). Or you can upload here.

Read the terms and conditions.


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Four face charges over Paris attacks

20 January 2015 Last updated at 09:47

The men, aged 22 to 28, are expected to be placed under formal investigation.

They are suspected of having links to Amedy Coulibaly, who murdered four people at a Jewish supermarket and is believed to have shot a policewoman.

Meanwhile, a Malian employee who helped shoppers during the supermarket siege is to receive French nationality.

Lassana Bathily, a 24-year-old Muslim, hid customers inside a basement cold store when Coulibaly stormed the store and took people hostage.

He will receive a French passport at a ceremony in his honour on Tuesday after his application was fast-tracked.

Coulibaly killed four Jewish hostages on 9 January before being shot dead by police.

He claimed to have acted in cooperation with Cherif and Said Kouachi, brothers who began the three days of attacks in Paris on 7 January when they burst into the offices of the Charlie Hebdo satirical magazine, killing 12 people.

Twelve people were arrested in police raids on Friday and questioned about "possible logistical support" - such as weapons or vehicles - they could have given the three gunmen, police said.

Three of the women detained were freed on Saturday and five people were released overnight on Tuesday.

Four remaining suspects were due to appear before an anti-terror magistrate on Tuesday who would decide whether to place them under formal investigation, the Paris prosecutors' office said.

Almost 15,000 extra police and troops have been mobilised to boost security across France since the attacks.

Hundreds of soldiers are also being deployed across Belgium following a series of anti-terror raids and arrests.

Mr Bathily, a shop assistant, is being given citizenship in France after a petition was circulated calling for him to be awarded a passport following his actions to during the supermarket siege.

He has lived in France for nine years and applied for citizenship last year.

How the attacks unfolded (all times GMT)
  • Wednesday 7 January 10:30 - Two masked gunmen enter Charlie Hebdo offices, killing 11 people, including the magazine's editor. Shortly after the attack, the gunmen kill a police officer nearby.
  • 11:00 - Police lose track of the men after they abandon their getaway car and hijack another vehicle. They are later identified as brothers Said and Cherif Kouachi.
  • Thursday 8 January 08:45 - A lone gunman shoots dead a policewoman and injures a man in the south of Paris. Gunman later identified as Amedy Coulibaly.
  • 10:30 - The Kouachi brothers rob a service station near Villers-Cotterets, in the Aisne region, but disappear again.
  • Friday 9 January 08:30 - Police exchange gunfire with the Kouachi brothers during a car chase on the National 2 highway northeast of Paris.
  • 10:00 - Police surround the brothers at an industrial building in at Dammartin-en-Goele, 35km (22 miles) from Paris.
  • 12:15 - Coulibaly reappears and takes several people hostage at a kosher supermarket in eastern Paris. Heavily-armed police arrive and surround the store.
  • 16:00 - Kouachi brothers come out of the warehouse, firing at police. They are both shot dead.
  • 16:15 - Police storm the kosher supermarket in Paris, killing Coulibaly and rescuing 15 hostages. The bodies of four hostages are recovered.

Three days of terror


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IMF cuts global growth forecast

20 January 2015 Last updated at 10:04 Andrew WalkerBy Andrew Walker BBC World Service Economics correspondent

The International Monetary Fund (IMF) has lowered its forecast for global economic growth for this year and next.

The IMF now expects growth of 3.5% this year, compared with the previous estimate of 3.8% which it made in October.

The growth forecast for 2016 has also been cut, to 3.7%.

The downgrade to the forecasts comes despite one major boost for the global economy - the sharp fall in oil prices, which is positive for most countries.

The IMF expects that to be more than offset by negative factors, notably weaker investment.

That in turn reflects diminished expectations about the growth prospects for many developed and emerging economies over the next few years. If business expects weaker growth, there is less opportunity to sell goods and services and so less incentive to invest.

Deflation concerns

The eurozone is a case in point. The IMF does expect the recovery there to continue, but not strongly. It is estimating growth of 1.2% in the euro area this year and 1.4% in 2016.

For the European Central Bank, the immediate priority is to tackle the deflation, or falling prices, now under way.

Harbin's Ice Festival

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As Carrie Gracie reports, people in China expect the economy to keep improving

Speaking to the BBC, the IMF's chief economist, Olivier Blanchard, said deflation was an adverse and worrying force, but it was "not the kiss of death… in itself, it's not going to derail the recovery".

However, he acknowledged that it was possible that deflation could set off the eurozone's debt crisis once again. Falling prices are particular problem for debtors, because their incomes - or for governments, their tax revenues - may fall, but the debt payments often do not.

The slowdown in China is another factor behind the revised forecasts. On Tuesday, official figures showed that China's growth slowed to 7.4% last year, from 7.7% in 2013.

Next year, the IMF growth forecast for China is 6.3%, compared with an average of 10% over the three decades up to 2010.

Continue reading the main story
Region 2013 2014 2015 projection and revision 2016 projection and revision

*official Chinese figs show growth at 7.7% in 2013. Source: IMF

World

3.3

3.3

3.5

-0.3

3.7

-0.3

Advanced economies

1.3

1.8

2.4

0.1

2.4

0

Emerging market and developing economies

4.7

4.4

4.3

-0.6

4.7

-0.5

Other key economies, ordered by 2013 growth

China*

7.8

7.4

6.8

-0.3

6.3

-0.5

Nigeria

5.4

6.1

4.8

-2.5

5.2

-2.0

US

2.2

2.4

3.6

0.5

3.3

0.3

UK

1.7

2.6

2.7

0

2.4

-0.1

Russia

1.3

0.6

-3.0

-3.5

-1.0

-2.5

Euro area

-0.5

0.8

1.2

-0.2

1.4

-0.3

Continue reading the main story

Mr Blanchard said the IMF was "fairly confident that is going to be an orderly slowdown". The report says that slower growth in China will have important effects in other emerging economies in Asia.

US strength

The sharpest downgrade of all is for Russia, which is forecast to see its economy contract by 3% this year and 1% next. That is the result of the fall in oil prices and what the report calls increased geopolitical tensions - in other words, the crisis in Ukraine and Western sanctions on Russia.

There is also a sharp downgrade for Nigeria, another oil exporter, although even the revised forecast of 4.8% for 2015 still shows strong growth. Without the downgrade, Nigeria's growth would have been very impressive.

There are some exceptions to the pattern of more downbeat forecasts. The major one is the United States, now forecast to grow at 3.6% this year and 3.3% in 2016.

This is well below China's figures, even allowing for the slowdown, but that is to be expected. Emerging economies can grow more rapidly by adopting technology that's already established in richer nations.

For the UK, the forecast for this year is unchanged at 2.7% and is cut slightly to 2.4% for 2016. Mr Blanchard sees the outlook for the UK as favourable, but he said that the weakness of the eurozone could act as "brake" on the British economy.

Crisis over?

So six years on from the most intense phase of the global financial crisis, to what extent have we put it behind us?

Mr Blanchard told the BBC that many countries have, for all practical purposes, done so - notably the US.

But there is another legacy "cramping the style of a number of countries which have very high debt and have to be careful". He says this will take a very long time to rectify. He describes Japan as an extreme example.

His overall assessment: "Some of the legacies are going away. Some of the legacies will take a long time. Things are improving. Not quite as quickly as we would dream, but they do."


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Japan PM Abe in 'IS hostages' vow

20 January 2015 Last updated at 10:59
Japanese Prime Minister Shinzo Abe

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Japanese PM Shinzo Abe said the threat to the hostages was "unforgivable"

Japanese Prime Minister Shinzo Abe has condemned an apparent threat by the Islamic State group to kill two Japanese hostages.

A video purportedly from the group shows a militant threatening to kill two hostages unless a ransom is paid.

In the video, which has not been independently verified, the man also criticises Japan for pledging aid to countries fighting IS.

Mr Abe said the threat was unacceptable and vowed to save the hostages.

He added that their lives were his "top priority" and that Japan would not give in to terrorism.

Japan's foreign ministry said it was working to verify the video.

'Indignant'

Mr Abe is currently in Jerusalem as part of a six-day tour of the Middle East.

However, he is expected to cancel the remainder of his trip and return to Japan to deal with the hostage crisis.

In a press conference in Jerusalem, Mr Abe said he was "indignant" and felt "strong resentment" at the threats, and demanded the immediate release of the hostages.

"Extremism and Islam are completely different things," he said, adding: "The international community will not give in to any form of terrorism and we have to make sure that we work together."

Mr Abe added that Japan's pledges of non-military support to countries in the Middle East would continue.

On Saturday, while in Cairo, Mr Abe promised $2.5bn in non-military assistance to the region, with $200m in non-military aid for countries fighting Islamic State.

He said that the world would suffer "immeasurable" damage if terrorism spread in the region.

Japan relies on the Middle East for much of its crude oil imports.

The crisis gives Mr Abe a serious political problem, the BBC's Rupert Wingfield-Hayes in Tokyo reports.

Mr Abe has been pushing to give Japan a much more active role in international affairs, but many in Japan oppose that, and will claim this is exactly the result they feared, our correspondent adds.

'Utmost efforts'

The apparent IS video shows a masked man holding a knife and threatening two hostages.

Speaking in English, the militant says he will kill the two men unless a $200m (£130m) ransom is paid within 72 hours.

Hostages have become a key propaganda tool for Islamic State.

The militant group has seized large swathes of territory in eastern Syria and across northern and western Iraq.

Its brutal tactics - including mass killings and the beheadings of soldiers, journalists and other captives - have sparked international outrage and prompted military intervention by a US-led coalition.

Speaking earlier to journalists, Japan's top government spokesman Yoshihide Suga said: "If true, the act of threat in exchange of people's lives is unforgivable and we feel strong indignation.

"We will make our utmost effort to win their release as soon as possible."

Yasuhide Nakayama, a deputy foreign minister, will fly to the Jordanian capital as part of efforts to resolve the crisis.

Who are Islamic State (IS)?

  • Formed out of al-Qaeda in Iraq (AQI) in 2013, IS first captured Raqqa in eastern Syria
  • It captured broad swathes of Iraq in June, including Mosul, and declared a "caliphate" in areas it controls in Syria and Iraq
  • Pursuing an extreme form of Sunni Islam, IS has persecuted non-Muslims such as Yazidis and Christians, as well as Shia Muslims, whom it regards as heretics
  • Known for its brutal tactics, including beheadings of soldiers, Western journalists and aid workers
  • The CIA says the group could have as many as 31,000 fighters in Iraq and Syria

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Richest 1% to own more than the rest

Written By Unknown on Senin, 19 Januari 2015 | 18.19

19 January 2015 Last updated at 08:12

The wealthiest 1% will soon own more than the rest of the world's population, according to a study by anti-poverty charity Oxfam.

The charity's research shows that the share of the world's wealth owned by the richest 1% increased from 44% in 2009 to 48% last year.

On current trends, Oxfam says it expects the wealthiest 1% to own more than 50% of the world's wealth by 2016.

The research coincides with the start of the World Economic Forum in Davos.

The annual gathering attracts top political and business leaders from around the world.

Oxfam's executive director Winnie Byanyima, who will co-chair the Davos event, said she would use the charity's high-profile role at the gathering to demand urgent action to narrow the gap between rich and poor.

In a statement ahead of the gathering, Ms Byanyima said the scale of global inequality was "simply staggering".

"It is time our leaders took on the powerful vested interests that stand in the way of a fairer and more prosperous world.

"Business as usual for the elite isn't a cost-free option - failure to tackle inequality will set the fight against poverty back decades. The poor are hurt twice by rising inequality - they get a smaller share of the economic pie and because extreme inequality hurts growth, there is less pie to be shared around," she added.

Rich getting richer

The charity is calling on governments to adopt a seven-point plan to tackle inequality, including a clampdown on tax evasion by companies and the move towards a living wage for all workers.

Continue reading the main story

Global wealth
  • $1.9tn wealth of 80 top billionaires - equal to bottom 50% of rest of world

  • $600bn increase in wealth for 80 top billionaires in 4 years - or 50% rise

  • $750bn drop in wealth for the poorest 50% of the world in 4 years

AFP

Oxfam made headlines at Davos last year with the revelation that the 85 richest people on the planet have the same wealth as the poorest 50% (3.5 billion people).

It said that that comparison had now become even more stark, with the 80 richest people having the same wealth as the poorest 50%.

Analysis: Robert Peston, BBC Economics editor

To be clear, Oxfam's claim today that by 2016 the richest 1% could own as much or the same as the bottom 99% is not wildly implausible.

There are all sorts of reasons why such increases in inequality are troubling, and not just for those at the bottom of the income and wealth pyramid.

One is that aspirational people on lower incomes have massive incentives to take on too-great debts to support their living standards - which exacerbates the propensity of the economy to swing from boom to financial-crisis bust.

Another is that the poor in aggregate spend more than the rich (there are only so many motor cars and yachts a billionaire can own, so much of the super-rich's wealth sits idle. as it were), and therefore growth tends to be faster when income is more evenly distributed.

Robert Peston: Why extreme inequality hurts the rich

The charity said the research, published on Monday, showed that 52% of global wealth not owned by the richest 1% is owned by those in the richest 20%.

The remaining population accounts for just 5.5% of global wealth, and their average wealth was $3,851 (£2,544) per adult in 2014, Oxfam found.

That compares with an average wealth of $2.7m per adult for the elite 1%.

The study comes just a day before US President Barack Obama's State of the Union address, in which he is expected to call for tax increases on the wealthy to help the middle class.

In October, a report from banking giant Credit Suisse also said that the richest 1% of people own nearly half of the world's wealth.

Increase in wealth of richest 10 billionaires (ranked 2013)

Billionaire Wealth in 2013 ($bn) Wealth in 2014 ($bn) Increase Nationality

Source: Oxfam, Forbes

Warren Buffet

Warren Buffett

53.5

58.2

9%

US

Michael Bloomberg

Michael Bloomberg

27.0

33.0

22%

US

Carl Icahn

Carl Icahn

20.0

24.5

23%

US

Prince Alwaleed Bin Talal Alsaud

Prince Alwaleed Bin Talal Alsaud

20.0

20.4

2%

Saudi Arabia

George Soros

George Soros

19.2

23.0

20%

US

Joseph Safra

15.9

16.0

1%

Brazil

Luis Carlos Sarmiento

Luis Carlos Sarmiento

13.9

14.2

2%

Colombia

Mikhail Prokhorov

Mikhail Prokhorov

13.0

10.9

-16%

Russia

Alexey Mordashov

Alexey Mordashov

12.8

10.5

-18%

Russia

Abigail Johnson

12.7

17.3

36%

US


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Korean Air 'nut rage' trial opens

19 January 2015 Last updated at 09:41

The trial has begun in Seoul of a South Korean airline executive who flew into a rage when macadamia nuts were served to her in a bag and not on a plate.

Cho Hyun-ah, a former vice president of Korean Air, ordered her plane that was taxiing to return to the gate and offload the chief steward.

The "nut rage" incident occurred on a Seoul-bound flight from New York on 5 December.

On Monday, she pleaded not guilty to charges of obstructing aviation safety.

Forty-year-old Ms Cho, who has been detained since 30 December, was wearing a green prison uniform in the packed courtroom.

She stood with her head lowered and answered questions in a whisper.

Ms Cho's lawyers argued in the opening statement that the charges were based on "exaggerated statements" and that the safety violations were minor given the plane was still on the ground and had not yet reached the runway.

Ms Cho, who is the daughter of Korean Air chief executive Cho Yang-ho, is also accused of interfering in the execution of a government official's duty and coercion, according to prosecutors, who said she allegedly exerted influence in the government investigation.

She faces a maximum 10 years in jail if found guilty of diverting the aircraft with no good reason.

She publicly apologised for the incident and resigned from all her posts at the airline in December.

However, the story was widely seen as an example of poor management in South Korea's family-run conglomerates, or "chaebols" that dominate the country's business landscape.

The Korean transport ministry said it would place sanctions on Korean Air of a ban on some routes or fines of up to $2m (£1.3m).


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