Wednesday, May 25

Day: June 17, 2016

A crash is coming if we don’t begin real investment
ENGLISH, Life Style

A crash is coming if we don’t begin real investment

    In 2007, the average value added to the UK economy per employee, at constant 2016 prices, was £48,690. In 2015, the figure was £49,559 – just 1.78pc more. The average annual increase in UK productivity during the whole of the eight years between 2007 and 2015 was therefore 0.2pc. In China, the comparable annual figure was 7.4pc as output per hour per employee rose between 2007 and 2015 by just under 80pc. What are the Chinese doing that we are not doing? The fundamental answer is that they are investing in their country’s future and we are not. By the last quarter of 2015, physical investment in the UK as a proportion of our gross domestic product (GDP) – excluding intangible intellectual property – had dropped to 12.7pc. The comparable world average was about 24pc and the...
Anonymous hacks ISIS Twitter, makes it as fabulously gay as humanly possible
Arab world, ENGLISH

Anonymous hacks ISIS Twitter, makes it as fabulously gay as humanly possible

    It’s been an incredibly tough week for the LGBT community after the horrific murder of 49 people at Pulse Nightclub in Orlando. While the rest of the world mourned the vile attacks, ISIS celebrated. The organisation’s homophobia is well documented – it’s outlawed, punishable by death and there are grim videos of ISIS members publicly executing LGBT people. So in a small, moral victory for the good guys, hacktivist collective, Anonymous, has infiltrated hundreds of pro-ISIS twitter accounts and given them a wonderfully gay makeover. This is by far my favourite. 10/10. A hacker by the name of WauchulaGhost has been responsible for the majority of the attacks. For instance, he broke into ISIS account, @gi_h_a_d35, changed his profile picture to a gay flag and tweeted out this...
Saudi prince wins High Court battle against £20m payout to late king’s secret wife
Arab world, ENGLISH

Saudi prince wins High Court battle against £20m payout to late king’s secret wife

    The son of the late King Fahd of Saudi Arabia has won an appeal against a multi-million-pound award handed to his father's secret wife. Palestinian-born Janan Harb, won a package of cash and property worth more than £20m last November. Judge Peter Smith, sitting at London's High Court, accepted her assertions that Prince Abdul Aziz, had agreed to the huge payout. But lawyers for the prince later asked Court of Appeal judges to quash the unsustainable award. On Thursday, Lord John Dyson and Lord Justices Martin Moore-Bick and Andrew McFarlane announced that they were allowing the prince's appeal. They said Ms Harb's claim against the prince would now have to be retried before a different High Court judge. Ms Harb said the prince entered into the agreement to “buy her sile...
Russia should remain banned, says leading IOC official
ENGLISH, Europe

Russia should remain banned, says leading IOC official

    Russia's athletes should stay banned from international competition and not be allowed to take part in the Rio Games, says a leading Olympic official. International Olympic Committee (IOC) vice-president John Coates has also branded Russia's anti-doping agency and athletics body as "rotten to the core". Russia was suspended following accusations of state-sponsored doping. The International Association of Athletics Federations (IAAF) meets on Friday to discuss lifting the ban. Russia was suspended from all track and field by the IAAF in November after an independent report from the World Anti-Doping Agency (Wada) depicted a culture of widespread state-sponsored cheating by Russia's athletes, with even the secret services involved. The country's sports minister Vitaly Mutko ...
Politicians express shock over killing of MP Jo Cox
ENGLISH, United Kingdom

Politicians express shock over killing of MP Jo Cox

    Tributes have poured in for MP Jo Cox from across the political spectrum, as friends and colleagues praised her humanity and deep commitment to public service. Jerremy Corbyn was among the first to express his grief and shock on behalf of the Labour party and he later spoke at a vigil of MPs in Parliament Square. He described her as a “wonderful woman who stood for many things – human rights, peace and justice” who suffered a death that was “beyond appalling”. “Jo was dedicated to getting us to live to our promises to support the developing world and strengthen human rights, and she brought those values and principles with her when she became MP,” he said. “Jo died doing her public duty at the heart of our democracy, listening to and representing the people she was elected...