Spain- Socialists to Vote Against Government – Time

MADRID, Aug 31 (Reuters) – Spain’s Socialists will vote against the government of acting Prime Minister Mariano Rajoy in a confidence vote on Wednesday, party leader Pedro Sanchez told parliament, potentially triggering the countdown to a third national election in a year.

Spain has been without a functioning government since inconclusive elections in June and December and parties are under pressure to end a political deadlock which has stalled investment and cast a pall over an economic recovery.

But, on Wednesday, Pedro Sanchez, the leader of the opposition Socialists, which trailed Rajoy’s centre-right People’s Party (PP) in both elections, has steadfastly refused to back Rajoy who needs his party’s support to form a coalition.

“I will be very clear, the Socialist party will vote against your candidacy to the government for coherence and for the good of Spain,” Sanchez told the parliament on Wednesday.

The PP is six seats short of the absolute majority of 176 seats it needs in the first investiture vote, even with the support of liberal party Ciudadanos, which was agreed on Sunday, and with the one extra seat from a minor Canary Islands party.

If Rajoy loses Wednesday’s vote, a second vote will take place on Friday in which delegates can abstain. He need a simple majority only in that vote to allow him to form a government.

The PP would need just 11 abstentions to win this second vote, but a loss is also likely if the Socialists do not cede. Such a loss for Rajoy’s PP in the second vote would trigger a two-month window to form a government at the end of which another election would be called, possibly on Christmas Day.

“It is difficult to think of something that could cause more damage to Spanish democracy than to tell people that their vote has been useless on two occasions and they have to repeat elections for a third time,” Rajoy told parliament on Tuesday.

He said he wanted to form a government with broad support that would be able to safeguard Spain’s economic recovery, with growth rates now among the highest in the euro zone, and play a leading role in the European Union.

A loss in both votes this week would shift the focus onto regional elections on Sept. 25 in the Basque Country and Galicia where the Socialists hope to avoid a further erosion of support.

(Additional reporting by Angus Berwick)

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How Toronto FC have fared with and without Jozy Altidore

Toronto FC have built an incredible postseason run without their influential striker Jozy Altidore, but is an MLS Cup win on the road a bridge too far?

That might be the $10,000 question facing the Reds this week as Altidore on Monday poured cold water on his own hopes of recovering from a quad injury in time to take part in Sunday’s MLS Cup final against the Seattle Sounders at CenturyLink Field (3 pm ET ABC, Univision, TUDN in US; TSN or TVAS in Canada).

Altidore told reporters on Monday it would take “a bit of a miracle” for him to play a part in Sunday’s clash. While gamesmanship cannot be ruled out, the comment prompts questions about just how much influence the strapping striker hasover his side.

With Altidore on the sidelines, TFC have engineered defeats of D.C. United (5-1 at home in extratime), New York City FC (2-1 on the road) and Atlanta United (2-1 on the road) during the Audi 2019 MLS Cup Playoffs, typically with playmaker Alejandro Pozuelo filling his spot as a false No. 9.

That said, in the big picture Toronto have been measurably more successful with Altidore on the field since he joined the club.

With (103 games)1.71.9Without (82 games)1.41.7

With/Without Jozy starting PPG Goals/Game

A game-changing but injury-prone talent, Altidore has started 103 games for the Reds but failed to start another 82. He scored two goals in four postseason games (all starts) in TFCs run to the 2017 MLS Cup championship and was named Most Valuable Player of that year’s MLS Cup, a 2-0 win over these same Sounders at BMO Field.

Series:MLS Cup

The Grudge Match: The story of MLS Cup 2019February 28, 2020 (11 min)

Billionaires Have More Wealth Than 4.6 Billion People – Time

A new report found that the world’s 2,153 billionaires have more wealth than 4.6 billion people, underscoring the degree of global inequality.

The Oxfam International study, released Monday and dubbed “Time to Care,” shows that the number of billionaires has doubled in the past decade. The authors add that these fortunes have largely been amassed while everyday people, especially poor women, continue to struggle.

The gap between rich and poor can’t be resolved without deliberate inequality-busting policies, and too few governments are committed to these,” Oxfam India CEO Amitabh Behar said in a press statement. Our broken economies are lining the pockets of billionaires and big business at the expense of ordinary men and women. No wonder people are starting to question whether billionaires should even exist.”

The report finds that women are most impacted by the growing equality gap — the 22 richest men in the world have more money than all the women in Africa, for example. Also, 12.5 billion hours of unpaid care work is done by women and girls every day, which contributes $10.8 trillion dollars a year to the global economy, the report found. Women also do more than three-quarters of all unpaid care work and make up two-thirds of the paid ‘care workforce,” Oxfam said.

Governments are not taxing the wealthiest people or corporations enough, the report argues. Oxfam found that if the world’s richest one percent had to pay an extra 0.5 in taxes over the next 10 years, that would be equal to the investment that is needed to add over 100 million jobs in workforces like health, education and childcare.

“Governments must prioritize care as being as important as all other sectors in order to build more human economies that work for everyone, not just a fortunate few, Behar said.

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