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The world’s resource allocation is such that the top 85 wealthiest people now own as much as the bottom 3.5 million. (Photo by Mark Yuen)

World’s 85 richest own 46% of global wealth

Research conducted by the British charity Oxfam has concluded that the combined wealth of the world‘s 85 richest people is equivalent to that owned by the bottom half of the world’s population.

USA TODAY

85 richest own as much as the 3.5 billion poorest

TIME

Baghdad bomb blasts kill 26, Iraqi troops fight Sunni rebels

Seven bomb explosions killed 26 people and wounded 67 in the Iraqi capital, police and medics said, as security forces battled Sunni Muslim militants around Falluja and Ramadi.

Reuters

Iran freezes nuclear work

Iran suspended the most sensitive work of its nuclear program, starting the implementation of an interim deal with world powers that will lift some of the sanctions that have pummeled the nation’s economy.

BusinessWeek

A look at the deal between Iran, world powers

NPR

UN: Iran invited to attend Syrian peace conference

Seattle Times

Malta-based South Korean trade official abducted in Tripoli

Han Seok-woo, head of the Korea Trade-Investment Promotion Agency’s Libya unit, was abducted by four gunmen while on his way home from his office in Tripoli.

Malta Today

Ukraine street violence erupts as protesters defy new laws

Street violence flared up in Ukraine as protesters battled police in defiance of new laws aimed at subduing anti-government demonstrations.

BusinessWeek

Vitali Klitschko sprayed with fire extinguisher powder during Kiev riots

Huffington Post

PHILANTHROPY AND AID

Malawi president hopes IMF review will unlock frozen aid

President Joyce Banda said that Malawi was on the right track after an economic review by the International Monetary Fund and expressed hopes that donors would release funds frozen over graft allegations.

Thomas Reuters Foundatin

Damascus refugee camp receives aid for 1st time in months

Food aid has entered the besieged Yarmouk Palestinian refugee camp in Syria for the first time in four months, a Palestinian official and Syrian state media said.

Guardian

HUMAN RIGHTS

Rights group: Law failing to protect child brides

Cultural traditions and a lack of legal protections are driving girls around the world into early marriage, subjecting them to violence, poverty and mistreatment, an international human rights group says.

BusinessWeek

Ban deadly force feeding of child brides — activists

Mauritania must ban the practice of force feeding young girls to fatten them up for marriage, says a report which highlights the case of a child bride who died after being put on a high-calorie diet.

Thomas Reuters Foundation

Rural exodus disrupts social order in Mauritania

allAfrica.com

DEVELOPMENT AND TRADE

Indonesia’s ore export ban comes into effect

The Indonesian government put into effect a ban on exporting raw ore from the mineral-rich country. The law, requiring minerals to be processed domestically, has some fearing job losses and worsening air pollution.

Al Jazeera

Nickel climbs to three-week high on Indonesia’s ore ban

Bloomberg

China’s 2013 economic growth dodges 14-year low but further slowing seen

China’s economy narrowly missed expectations for growth to hit 14-year lows in 2013, though some economists say a cooldown will be inevitable this year as officials and investors hunker down for difficult reforms.

Reuters

China GDP beats estimates, but markets don’t care

CNBC

POLITICS AND GOVERNANCE

Hosokawa eyes no nukes by 2020

Former PM Morihiro Hosokawa will pledge in his campaign for the Tokyo gubernatorial election to set out a road map for Japan to break with nuclear power generation by 2020, according to a close aide.

Japan Times

As Hariri trial begins, mixed forecast for Lebanon and international law

Nine years after Lebanon’s former prime minister and 22 others were killed in a massive suicide bombing, observers debate on the outcome from the U.N.-backed tribunal charged with prosecuting the assassination.

Global Post

SCIENCE AND TECHNOLOGY

Cyber attack traced to hacked home appliances

Computer security researchers said they discovered a large “botnet” which infected Internet-connected home appliances and then delivered over 750,000 malicious emails.

China Post

Blog:

Google buys company after ‘Internet Of Things’ suffers 1st global cyber attack

(Forbes)

Quantum of Content

Mars or bust: putting humans on the Red Planet

We now have the space-faring technology, and getting humans to Mars actually seems within reach. It would involve massive resources and a lot of danger, but some believe the rewards would be massive.

NPR

Columns And Op-Ed

The opinions in the items below are not necessarily those of DailySource or our editors. Read more.

Column (Maria McFarland):

Here’s what Obama should do about the NSA

Human Rights Watch

Editorial:

Honor Martin Luther King by ending county’s disparities

Seattle Times

Column (Bill Humphrey):

Repeating collective failure, long after the Great War

The Globalist

Site edited by: Jameson O'Neal, Nisha Dubey, Pallavi Sukhia, Lukas Dregne and Catherine Lux.

GOOD NEWS

Land cleared for reforms in Taiwan

The Taiwan farmers landmark court victory has delivered a shock to government officials and given a morale boost to citizen campaigns.

IPS

Russian adoption ban: 1 year later

A year after Russia imposed a ban on adoptions by Americans, some families are reluctantly looking elsewhere to adopt. Others retain flickering hopes of uniting with the Russian children who won their hearts.

Christian Science Monitor

Blog:

Tougher laws at hand for international adoption

(CBS News)

Crimesider

NGOS AND NONPROFITS

Proposed Detroit grants test limits of philanthropic aid to cities

The foundations that agreed to pool $330 million to smooth the way for a bankruptcy settlement in Detroit are proposing to use philanthropy in an unprecedented way to shore up a troubled city.

The Chronicle of Philanthropy

Nonprofit Iowa casinos paying executives more than $650,000

The CEOs of two nonprofit casinos — both in Iowa but rare in the world — now make $650,000 or more a year, total compensation that some say is out of step with the organizations they run.

Des Moines Register

ENVIRONMENT

Hydropower dams threaten Europe’s last wild rivers

Europe’s last remaining wild rivers flow through the Balkans, providing stunning scenery and habitat to myriad plants and animals. But hundreds of dam projects threaten to do irreparable harm.

Spiegel International

CO2 emissions are being ‘outsourced’ by rich countries to rising economies

The world’s richest countries are increasingly outsourcing their carbon pollution to China and other rising economies, according to a draft U.N. report.

Guardian

Photo of the Day

Fruit and vegetable vendors vie for customers in a busy Paramaribo, Suriname market. (Photo by M M Padmanaba)

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