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chinadaily.com.cn 2019-01-24 15:36

Juventus' Cristiano Ronaldo reacts after missing a chance in Turin, Italy, Jan 21, 2019. [Photo/Agencies]

>Ronaldo fined 19M euros
With a guilty plea and a huge fine, Cristiano Ronaldo finally put an end to his tax ordeal in Spain. Nearly four years after an investigation was opened, Ronaldo appeared at a court in Madrid on Tuesday to plead guilty to tax fraud and agree to a fine of nearly 19 million euros. The Juventus forward, who was facing charges stemming from his days at Real Madrid, spent about 45 minutes in court to sign the agreement. He was also given a two-year suspended sentence. Ronaldo will not have to serve time in prison because judges in Spain can suspend sentences for two years or less for first-time offenders. The investigation reportedly began in 2015, and two years later a state prosecutor accused Ronaldo of four counts of tax fraud from 2011-14 worth 14.7 million euros. Ronaldo was accused of having used shell companies outside Spain to hide income made from his image rights.



>'10-Year Challenge' a hit
If you use social media, you've probably noticed a number of people posting then-and-now profile pictures. It's a trend that's best known as the 10-Year Challenge. The craze involves people comparing pictures of themselves in 2009 to ones taken in 2019 on Facebook, Twitter and Instagram. As with most social media challenges, it is a little unclear who or what started the movement. While some suggest it has something to do with Facebook's "Memories" feature that reminds you of long-forgotten photos, others suspect it is because 2009 was the year social media really took off. The viral movement proved popular among A-listers with everyone from Reese Witherspoon and Miley Cyrus to Tyra Banks and Jessica Biel taking part.


Sen. Kamala Harris, D-CA, talks to to Christine Blasey Ford, testifying before the US Senate Judiciary Committee on Capitol Hill in Washington, US, Sept 27, 2018. [Photo/Agencies]

>Harris to run for president
Democratic Senator Kamala Harris of California launched her 2020 campaign for the White House on Monday. Harris, 54, the daughter of immigrants from Jamaica and India, enters the race with the potential advantage of being the Democratic candidate who looks most like the party's increasingly diverse base of young, female and minority voters. Harris' career is filled with an extraordinary amount of firsts. She was the first woman and the first person of color to be elected to both positions as district attorney in San Francisco and as attorney general of California. Often referred to as the "Female Barack Obama" by her followers, the former prosecutor is now seeking to become the first African-American woman to take on President Donald Trump. Her campaign will focus on reducing the high cost of living with a middle-class tax credit, pursuing immigration and criminal justice changes and a Medicare-for-all healthcare system. She has said she will reject corporate political action committee money.


A 99 cent store stands on Dec 11, 2018 in the Brooklyn borough of New York City. As the income gap between rich and poor continues to grow, dollar and 99 cent stores have become increasingly popular. [Photo/VCG]

>26 richest own half wealth
Last year just 26 of the richest people owned the same amount of wealth as the poorest 3.8 billion people in the world. This figure is down from 43 the year before, according to a new report from anti-poverty nonprofit organization Oxfam. The report found the wealth of billionaires has increased by $900 billion in the last year, or $2.5 billion a day. This bonanza has not been felt by the poorest half of the world, which saw its wealth decline by 11%. A global wealth tax has been called for by the French economist Thomas Piketty, who has said action is needed to arrest the trend in inequality. Oxfam said the widening gap was hindering the fight against poverty, adding a wealth tax on the 1% would raise an estimated $418 billion a year - enough to educate every child not in school and provide healthcare that would prevent 3 million deaths.

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