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Billionaires’ wealth soared in 2024, anti-poverty group says as the elites prepare for another Davos

DAVOS, Switzerland, January 20, 2025 (AP) — Billionaires’ wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world’s political and financial elite prepared for an annual gathering in Davos, Switzerland. Oxfam International, in its latest assessment of global inequality timed to the opening of the World Economic Forum meeting, also predicts at least five trillionaires will crop up over the next decade. A year ago, the group forecast that only one trillionaire would appear during that time. OxFam’s research adds weight to a warning by outgoing President

Hindenburg Research says not under investigation by US Securities and Exchange Commission

Toronto/New Delhi, Jan 20 (PTI) US short-seller Hindenburg Research has said it is not under investigation by the US SEC as it rubbished alleged links of its founder to a hedge fund for preparing reports targeting companies. “Hindenburg is not under investigation by the SEC, to our knowledge, and any suggestion to the contrary is false,” the firm said after a Canadian portal cited documents filed before a court in Ontario to allege that its founder Nate Anderson was under cloud for alleged links with hedge funds. Citing a cache of documents filed at the Ontario Superior Court of Justice

‘I am being framed’, claims convict Sanjay Roy in court ahead of sentencing in RG Kar case

Kolkata, Jan 20 (PTI) Sanjay Roy, convicted of rape and murder of an on-duty doctor at the state-run R G Kar Medical College and Hospital, on Monday claimed in court that he was innocent and had been wrongly held guilty. Roy was on Saturday held guilty of sexually assaulting the doctor and throttling her to death in August last year. “I am being framed, and have not committed any crime. I have not done anything and still, I have been held guilty,” Roy told the court ahead of sentencing in the case. He was convicted by Judge Anirban Das of

Donald Trump has sweeping plans for a second administration. Here’s what he’s proposed

WASHINGTON, January 19, 2025 (AP) — Donald Trump has promised sweeping actions in his second administration. The president-elect has outlined a wide-ranging agenda that blends traditional conservative approaches to taxes, regulation and cultural issues with a more populist bent on trade and a shift in America’s international role. Trump’s agenda also would scale back federal government efforts on civil rights and expand presidential powers. A look at what Trump has proposed: Immigration “Build the wall!” from his 2016 campaign has become creating “the largest mass deportation program in history.” Trump has called for using the National Guard and empowering domestic

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