Social / CSR in East Timor

  • Oxfam Study Finds Richest 1% Is Likely to Control Half of Global Wealth by 2016

    AFGHANISTAN, 2015/01/20 The richest 1 % are likely to control additional than half of the globe’s total wealth by next year, the charity Oxfam reported in a study released on Monday. The warning about deepening world inequality comes just as the world’s business elite prepare to meet this week at the annual World Economic Forum in Davos, Switzerland. The 80 wealthiest people in the world all own $1.9 trillion, the statement found, nearly the same all shared by the 3.5 billion people who occupy the bottom half of the world’s gain scale. (Last year, it took 85 billionaires to equal that figure.) And the richest 1 % of the people, who number in the millions, control nearly half of the world’s total wealth, a share that is as well increasing.
  • France has approved visa exemption for citizens of Timor Leste (East Timor)

    EAST TIMOR, 2014/03/02 The European Parliament in Strasbourg, France has approved visa exemption for citizens of Timor Leste (East Timor) to freely visit Shenghen nations armed only with a passport for stays of up to 90 days. In return EU citizens will as well no longer need a visa to enter Timor Leste, and these new rules will be applied as any minute at this time as a two-way agreement on the subject is put in place. The parliament’s approval was given as part of a review of European visa regulations – before agreed by the European Parliament and the EU Council of Ministers – and includes 18 other nations, inclunding Timor Leste.