Swiss jeweler allegedly received millions from Angolan state coffers

An investigation based on leaked documents suggests that Isabel dos Santos, Africa’s richest woman and a daughter of Angola’s former president, allegedly siphoned hundreds of millions of dollars of Angolan public funds into offshore accounts. Some of these funds ended up in Switzerland, the investigation suggests.  The “Luanda Leaks” reports, a trove of more than 700,000 documents obtained by the International Consortium of Investigative Journalists, and shared with 36 media partners, allege that an army of Western financial firms, lawyers, accountants, government officials and management companies helped dos Santos and her husband, Sindika Dokolo, hide assets from tax authorities and park them abroad. In recent interviews, they have denied wrongdoing and said that the current Angolan government was on a “witch hunt” against the dos Santos family. The Swiss Tribune de Genève and Tages-Anzeiger newspapers, which had access to the documents, claimed on Monday that Geneva jeweller ...

Furious peers reject ‘completely ridiculous’ plan created by ‘weirdos’ to send them north

ANGRY peers have lashed out at proposals to move the House of Lords to York with some complaining the idea shows “complete contempt for the constitution”.

Who’s who at WEF 2020 in Davos?

Many eyes will be on the big names like Donald and Greta, but some of the most interesting speakers at the 50th annual meeting of the World Economic Forum (WEF) in Davos may well be the ones you’ve never heard of. A bat researcher, the founder of the Afrobubblegum art movement and a Nobel prize-winning stem cell researcher are all on the list of the invitation-only event. Some 2,800 participants from more than 118 countries made the cut. That’s 300 fewer people than last year, which a WEF spokesperson said was because there are more meetings through the year, so the focus is on bringing the “most senior leaders” to Davos. Among them some 50 heads of state including US President Donald Trump, who was a late addition to the list and who will come with an entourage including his daughter Ivanka and her husband Jared Kushner (both presidential advisors). Iranian Foreign Minister Mohammad Javad Zarif dropped out last week, dashing hopes that a meeting between the two countries on ...

Davos 2020: What to watch for at this year’s World Economic Forum

World leaders, chief executives, thinkers and celebrities are gathering in the Swiss mountain town of Davos for the World Economic Forum’s annual meeting.  The event, which begins on Tuesday, has earned a reputation for high-altitude pontificating as the global elite gather to pitch their takes on topics picked by WEF founder Klaus Schwab, from deglobalisation to the fourth industrial revolution.   This year, as the WEF marks its 50th anniversary, a new urgency hangs over the Alpine town. The prospects for trade and global economic growth, tech companies (feted at previous meetings but now in regulators’ sights), the future of multilateralism and the geopolitical order all face growing challenges.  Adding to attendees’ sense of pressure and self-doubt is a multi-faceted environmental crisis which this year occupies all five of the top slots in the WEF’s annual report on the greatest risks facing the world — for the first time.   Here are five key subjects that are likely to ...

British Pound (GBP) Latest: GBP/USD Probing Recent Support Levels

GBP/USD is back below 1.3000 and testing support as traders begin to price-in fears that UK-EU post-Brexit trade talks may well be more fractious than first thought.

Labour crisis: Jess Phillips admits leadership campaign disaster – ‘I was awful’

LABOUR leadership contender Jess Phillips has admitted her campaign has got off to an “awful” start and already conceded she is unlikely to win the race to succeed Jeremy Corbyn.

Sturgeon not listening to the people! SNP blasted for making demands ‘from the top’

GORDON BROWN has unveiled plans to help bring Scotland “back together” amid fresh calls for independence from Nicola Sturgeon’s resurgent SNP.
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