Banca
El Banco de la Reserva de Australia se querelló en contra de ex directivos de dos de sus filiales, por sobornos que se habrían entregado entre 1999 y 2005 con miras a ganar licitaciones para imprimir billetes a países de Asia y África. La acusación pesa en contra de dos casas de moneda de las que el Banco Central de Chile es cliente.
Crédito
La Agencia Francesa de Desarrollo otorgó un préstamo al gobierno mexicano por 300 mlls. de euros. Este financiamiento respaldará las actividades en materia de manejo integral de recursos forestales, reducción de emisiones por deforestación y degradación de tierras, así como conservación y manejo de bosques sustentables.
Polar
Un seguro contratado por la multitienda La Polar cubriría los gastos de los procesos legales que involucran a los directores del retailer . Se trata de una cobertura de responsabilidad civil para directores y ejecutivos de Chubb Chile, de unos US$ 5 mlls. En Chile hay 150 firmas con estas pólizas, con coberturas por hasta US$ 30 mlls., según la aseguradora Chartis.
News of the World to close amid hacking scandal
This Sunday's edition of the News of the World will be its last, News International chairman James Murdoch has said, after days of increasingly damaging allegations against the paper. The 168-year-old tabloid is accused of hacking into the mobile phones of crime victims, celebrities and politicians. The News of the World, which sells about 2.8million copies a week, is famed for its celebrity scoops and sex scandals, earning it the nickname, the News of the Screws.
The Politics behind the debt-ceiling drama
Democrats and Republicans remain "far apart on a wide range of issues" in budget talks aimed at averting a looming default on US government debt, Obama has said. Talks would resume on Sunday. The deadline to raise the $14.3tn US debt ceiling is 2 August. But as the August deadline creeps closer, and the specter looms of having to choose between paying the military or sending out Social Security checks, the "Deal or No Deal" drama over the nation's budget, deficit and debt ceiling appears headed for an end that will reverberate long into the 2012 election season.
U.S. debt ceiling option is obscure legal concept
Call it the nuclear option: President Obama, unable to work out a deal to stave off a default, invokes an obscure section of the U.S. constitution and unilaterally orders new debt to be issued. That scenario is taking hold in the political punditry, even though most scholars admit it is unlikely. A rarely-invoked section of the Constitution's 14th Amendment could allow the president to issue new debt instruments to cover existing debt if there were a default. The section specifies that the "validity" of government debt "not be questioned." It dates from the post-Civil War era, and has been addressed in only one Supreme Court decision. Obama has so far pushed aside the idea, saying he wants to work out a budget deal with congressional leaders.
Honduras Truth Commission rules Zelaya removal was coup
The Honduras Truth and Reconciliation Commission has concluded that the removal from office of former president Manuel Zelaya was a coup. It said the move was illegal and not a constitutional succession as some of Zelaya's opponents said.
World food prices near record high
Global food prices rose sharply in June, according to the UN FAO - Food and Agriculture Organisation, after a steep increase in the price of sugar. The price of sugar rose by 14% last month, as a result of high demand and lower production in Brazil. The FAO's food price index reached 234 points in June, close to February's record level of 239. High food prices - particularly those of wheat, rice and corn - have sparked civil unrest in a range of countries where people rely on them for the bulk of their food intake. They were one of the factors that drove people on to the streets of Arab countries earlier this year. A global food crisis in 2008 also triggered mass protests, including riots in some developing countries.
Russia rights council urges amnesty for economic crimes that would cover Khodorkovsky
The Russia Presidential Council on Civil Society and Human Rights urged amnesty for economic crimes in a meeting with Russian president Dmitry Medvedev Tuesday that would include amnesty for the crimes of former Russian oil executive Mikhail Khodorkovsky. Medvedev was receptive to the granting amnesties with the Council in the South Caucasus city of Nalchik, but the issue of amnesty is the authority of the State Duma. The Council head said the amnesties would not exclude certain criminals convicted under the crimes, thus freeing Khodorkovsky, who was once CEO of Yukos Oil and one of the richest men in Russia.
Illegal film downloads up 30%
The number of illegally downloaded films has gone up nearly 30% in five years, new figures suggest. Film industry bosses say it is costing millions every year and putting thousands of jobs at risk. The research also shows a big rise in TV shows being pirated online. There are four main reasons for the increase; (1) We've seen increases in technology like faster broadband. (2) The methods of piracy have become easier, with quicker downloads and easier to find content. (3) We have a generation online now who aren't really bothered about downloading things illegally. (4) Finally it's an issue of availability - there's a lot of American content which a lot of people are desperate to download that they can't get hold of legitimately.
ICTY defendant Seselj pleads not guilty to third set of contempt charges
Former Serb nationalist politician and war crimes suspect Vojislav Seselj pleaded not guilty Wednesday in the International Criminal Tribunal for the former Yugoslavia to a third set of contempt charges for failing to remove confidential information from his website in violation of a tribunal order.
Italy court sentences 9 former Nazis to life in prison
An Italian military tribunal in Verona on Wednesday convicted and sentenced nine German soldiers for participation in the murder of approximately 350 Italian civilians during World War 2. Three alleged participants died before the trial. The accused were all members of the Hermann Goring Division and killed Italians to stifle the resistance movement toward the end of the war, terrorizing five villages in Northern Italy.
US and Mexico end cross-border trucking dispute
US and Mexico have signed a deal to allow their trucks to use each other's roads, after a 17-year dispute. The 1994 North American Free Trade Agreement called for Mexican trucks to have full access to US highways, but they were kept to a border buffer zone. In 2009, Mexico imposed higher tariffs on dozens of US products in response. Officials said the deal would address safety concerns over Mexican vehicles. Business groups welcomed the accord but US trucking unions have condemned it. Under Nafta, US and Mexican carriers were authorized to cross the border.
Brazil's transport minister quits in corruption scandal
Brazil's transport minister has resigned over a corruption scandal in his ministry. Alfredo Nascimento stepped down after a magazine alleged staff at his ministry were skimming off money from federal infrastructure contracts. He denies any wrongdoing, and says he will co-operate with any investigation. He is the second member of President Dilma’s cabinet to resign over corruption claims in the past month.
The IMF and Madame Managing Director
The new managing director's "town hall meeting" with staff on her first day in the job, on Tuesday, was full of people and by all accounts plenty of goodwill. But the IMF can't rely on goodwill alone, in fact sometimes it needs to inspire the exact opposite. Lagarde said" there would need to be a more comprehensive solution than has been attempted in the past," and said that "European governments' approach in the past had been too ad hoc." It's easy to say, but she didn't give much indication how she would force such a solution in practice. Governments often need the IMF to be the outsider, forcing them to do what they lack the political will to do on their own. Plenty of people wonder whether she can possibly take that approach in the eurozone, when only days ago she was negotiating on the other side. But as she said herself, with her typical grasp of English cliché, "the proof of the pudding will be in the eating".
Apple files trade commission complaint against Samsung
Apple filed a complaint against Samsung Electronics Tuesday with the USITC - US International Trade Commission in an effort to bar importation of Samsung's smartphones and tablets. Apple claims Samsung's "Galaxy" line copies its iPhone and iPad technology. Apple's latest move comes just a week after Samsung filed a similar complaint seeking to prevent Apple from importing iPads and iPhones. Samsung claimed that Apple violated five patents also related to smartphones and tablets. In addition, Samsung filed a patent infringement suit against Apple in the High Court in London last week.
Federal appeals court rules AIDS funding cannot be conditional on anti-prostitution stance
The US Court of Appeals for the Second Circuit ruled Wednesday that the US government cannot withhold HIV/AIDS funding to organizations based on their prostitution stance, finding a violation of the First Amendment. Upholding the injunction issued by the US District Court for the Southern District of New York, the court agreed that the US Leadership Against HIV/AIDS, Tuberculosis, and Malaria Act of 2003 violates free speech with Section 7631(f): "[n]o funds made available to carry out this Act ... may be used to provide assistance to any group or organization that does not have a policy explicitly opposing prostitution." The court ruled that this unconstitutionally requires potential fund recipients to "espouse the government's views."
NYSE Euronext shareholders approve deal with Deutsche Börse
Even after Thursday's vote, executives at the operator of the New York Stock Exchange conceded that they had more work to do to complete the merger.
No plans to drop DSK charges, no plea deal-source
New York prosecutors have no current plans to drop charges against former International Monetary Fund chief Dominique Strauss-Kahn and they sought no plea deal at a meeting on Wednesday with his defense lawyers. The Manhattan district attorney's office indicated that prosecutors wanted at least two or three more weeks to investigate Strauss-Kahn and his accuser, and there was "no expectation" that they would drop the sexual assault charges. There was "no plea deal on the table" during discussions.
Puerto Rico coast still ruled by 1886 law
A Spanish law crafted in 1886 still governs development along Puerto Rico's sprawling coastline, worrying activists and legislators who say the ancient mandate has allowed construction along ecologically sensitive beaches. But replacing the law's vague wording and its scant references to environmental protection has been a challenge. A bill that addresses those concerns has been stuck in the legislature since 2009, while complaints about limited access to public beaches and construction in environmentally delicate areas have increased.
Yemen president Saleh appears on TV
Al Jazeera, Doha, Qatar
Gunmen kill 39 in 3 days in Karachi
Arab News, Pro-government, Jidda, Saudi Arabia
Yemen VP presents new transition plan - Saleh stays
Asharq Al-Awsat, Pan-Arab daily, London, England
Libya tribe members in Egypt, see talks with rebels
Egyptian Gazette, English-language, Cairo, Egypt
Knesset set to discuss bill to outlaw boycotts against Israel
Haaretz, Liberal daily, Tel Aviv, Israel
MIDEAST: Egypt-Israel gas pipeline targeted
IPS Middle East, International cooperative of journalists, Rome, Italy
Arabic becoming the language of Facebook
JPost, Conservative, Jerusalem, Israel
Fatah group claims responsibility for Gaza explosion
Ma'an News Agency, Bethlehem, Palestinian Territories
French boat to Gaza blocked in Crete: organiser
Times of Oman, English-language daily, Muscat, Oman
L&T eyes constructions in Gulf, aims to double orders
Times of Oman Business, English-language daily, Muscat, Oman
President Saleh affirms sharing power through constitution for saving Yemen
Yemen Observer, Sana'a, Republic of Yemen
Murdoch's scandal-hit News of the World to shut down
CNN International, London, England
South Sudan poised for independence
Daily Express, Conservative tabloid, London, England
Atlantis at the mercy of mother nature: 70% chance of storms delaying last shuttle launch
Daily Mail, Conservative daily, London, England
Thousands protest civilian deaths in Afghanistan
EuroNews, International news, Ecully Cedex, France
UK: News of the World to close over phone-hacking scandal
France 24, Issy-les-Moulineaux, France
9 elderly Germans get life imprisonment in Italy for 1944 Nazi massacres
Hurriyet Daily News, (Liberal, English-language), Istanbul, Turkey
Gunman kills himself after shooting seven
Sky News, Independent newscaster, Middlesex, England
Phone hacking victims could number 4,000
Telegraph The, Conservative daily, London, England
65 killed in three-day violence in Karachi, Pakistan
Antara News, News agency, Jakarta, Indonesia
Yingluck defends economic policies
Bangkok Post, Independent, Bangkok, Thailand
Former officials describe Jiang-era cross-strait relations as 'tumultuous'
China Post, English-language daily, Taipei, Taiwan
Amazon loses EU appeal on one-click patent application
Computer World, IT information, Fairfax, New Zealand
UN chief calls for halt to Libya fighting
Dawn, English-language daily, Karachi, Pakistan
Talk of drift, corruption is propaganda: Manmohan
Hindu The, Left-leaning daily, Chennai, India
'DSK won't plead guilty in any deal'
Hindustan Times, New Delhi, India
SC: 2008 Gujarat serial blasts accused will be tried in Gujarat
India Express, News portal, Mumbai, India
Murder: Kingpin among 6 held
India Times, Conservative daily, New Delhi, India
Gunman kills self after deadly US shooting spree
New Zealand Herald, Conservative daily, Auckland, New Zealand
11 dead as Kandahar clashes enter 2nd day
Pajhwok Afghan News, (Independent news agency), Kabul, Afghanistan
New Zealand paves way for Pacific Forum with multi-purpose mission to islands
People's Daily Online, English-language, Beijing, China
Appeals court: US can't force anti-sex-work pledge
Sify News, Chennai, India
French court decides whether to probe IMF chief
Straits Times, Pro-government, Singapore
Forbes list eludes as Indian models fight odds
Thaindian News, Bangkok, Thailand
Anshu Jain in Deutsche Bank's succession race after Axel Webermove to UBS
The Economic Times, Business, Mumbai, India
Seven dead in Michigan shootings, suspect surrounded
Times of India, Conservative, New Delhi, India
Police to rely on the military to keep the peace in Monday's strike
Dominican Today, Independent daily, Santo Domingo, Dominican Republic
JLP bounces back - PNP lead cut in half over past 12 months
Jamaica Gleaner, Independent daily, Kingston, Jamaica
Retail, tech lead Wall Street rally before jobs data
Reuters, Business News, New York, U.S
Special Report - Can Malaysia reform and discriminate?
Reuters, World News, New York, U.S
'We shall return' Will tells adoring crowd in Calgary
Toronto Star, Toronto, Ontario
Police project in jeopardy
Trinidad Guardian, Independent daily, Port-of-Spain, Trinidad
Libya rebels advance on key town
BBC News, Centrist newscaster, London, England
'North Korea bribed us'
iafrica, Online news portal, Cape Town, South Africa
Is the Republic of South Sudan a failled (pre) nation?
Sudan Tribune, Khartoum, Sudan
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