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The Two-Way
3:21 pm
Mon January 20, 2014

Oxfam: World's Richest 1 Percent Control Half Of Global Wealth

Local villagers scavenging coal illegally from an open-cast mine in a village near Jharia, India, in 2012.
Daniel Berehulak Getty Images

Originally published on Mon January 20, 2014 6:16 pm

Just 1 percent of the world's population controls nearly half of the planet's wealth, according to a new study published by Oxfam ahead of the World Economic Forum's annual meeting.

The study says this tiny slice of humanity controls $110 trillion, or 65 times the total wealth of the poorest 3.5 billion people.

Other key findings in the report:

-- The world's 85 richest people own as much as the poorest 50 percent of humanity.

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The Two-Way
3:01 pm
Mon January 20, 2014

Rosetta Space Probe Gets Interplanetary Wake-Up Call

Rosetta, the European Space Agency's cometary probe with NASA contributions, is seen in an undated artist's rendering.
NASA Reuters/Landov

... That's the message received from a bleary-eyed comet-chasing space probe on Monday, much to the relief of ground-based controllers who sent it a long distance wake-up call after nearly a three-year nap.

The European Space Agency received the communique from deep space on schedule at 1 p.m. ET from Rosetta, some 500 million miles away on a trajectory to rendezvous with comet 67P/Churyumov-Gerasimenko in August. It's been in sleep mode to conserve power.

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History
2:42 pm
Mon January 20, 2014

A Promise Unfulfilled: 1962 MLK Speech Recording Is Discovered

A recording of Dr. Martin Luther King Jr. delivering this address to the New York State Civil War Centennial Commission in 1962 was recently discovered by the New York State Museum.
Courtesy of New York State Education Department

Originally published on Mon January 20, 2014 7:44 pm

Last fall, curators and interns at the New York State Museum were digging through their audio archives in an effort to digitize their collection. It was tedious work; the museum houses over 15 million objects. But on this particular day in November, they unearthed a treasure.

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The Two-Way
12:53 pm
Mon January 20, 2014

N.J. Lt. Gov. Denies Strong-Arming Mayor Over Sandy Relief Funds

New Jersey Gov. Chris Christie joins Lt. Gov. and Secretary of State Kim Guadagno (right) at a statewide prayer service in Newark marking the one-year anniversary of Superstorm Sandy, in October.
Eric Thayer AP

Originally published on Mon January 20, 2014 6:34 pm

New Jersey's Lt. Gov. Kim Guadagno is firing back at Hoboken Mayor Dawn Zimmer, who says Superstorm Sandy recovery funds to her city were held up when she refused to sign off on a politically connected real estate deal.

Zimmer said over the weekend that during a mall opening event in May, Guadagno pulled her aside to say she needed to "move forward" on the real estate deal or "we are not going to be able to help you."

Zimmer says she asked the state for $100 million in aid. She received around $142,000.

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The Two-Way
11:48 am
Mon January 20, 2014

U.S., EU Lift Some Iran Sanctions After Assurances On Uranium

An IAEA team checks the enrichment process inside the uranium enrichment plant Natanz in central Iran on Monday.
Kazem Ghane EPA/Landov

Originally published on Mon January 20, 2014 4:46 pm

This post was updated at 11:40 a.m. ET.

The United States and European Union say they will lift some sanctions against Iran after reports from international inspectors that Tehran has suspended high-level enrichment of uranium under an interim pact to scale back its nuclear program.

The Associated Press reports:

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