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joined 5 months ago
 

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Audio Podcast Episode: The Crime Agents.

  • An at-risk teenager was sexually assaulted by care workers at a children’s home where she had been sent by her local council
  • The home was not registered with Ofsted, which is illegal, and staffed by men with convictions for multiple violence crimes
  • The girl is among the hundreds of vulnerable children sent to unregistered homes across England every year
 

The amount of untaxed wealth hidden offshore by the richest 0.1 percent exceeds the entire wealth of the poorest half of humanity (4.1 billion people), reveals new Oxfam analysis published today ahead of the 10th anniversary of the Panama Papers. The findings show that, a decade later, the super-rich continue to exploit offshore systems to evade taxes and conceal assets, highlighting the urgent need for coordinated international action to tax extreme wealth and end the use of tax havens.

Oxfam estimates that $3.55 trillion in untaxed wealth was stashed offshore in tax havens and unreported accounts in 2024. This sum exceeds the GDP of France and is more than twice the combined GDP of the world’s 44 least developed countries.

The richest 0.1 percent holds approximately 80 percent of all untaxed offshore wealth, or around $2.84 trillion. Within this tiny group, the ultra-wealthiest 0.01 percent holds roughly half ($1.77 trillion).

 

The authorities in Russia's Ryazan region have issued a decree requiring businesses operating in the area to identify candidates for military service under contract.

 

FIFA is once again raising prices for a substantial number of games in the upcoming World Cup tournament that will be held in the United States, Canada and Mexico in June and July.

 

Roughly half of Iran’s missile launchers are still intact and thousands of one-way attack drones remain in Iran’s arsenal despite the daily pounding by US and Israeli strikes against military targets over the past five weeks, according to recent US intelligence assessments, three sources familiar with the intel told CNN.

 

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