Embargo
En una decisión que favorece a los fondos especulativos -más conocidos como fondos buitres- el juez de la Corte del Distrito Sur de Manhattan, en Nueva York, Thomas Griesa, trabó el jueves un embargo contra cualquier activo del Estado argentino por US$ 801,4 mlls., en el Citibank y en la Reserva Federal de Nueva York.
Adhesión
El Consejo de Ministros de la Asociación Latinoamericana de Integración -Aladi- reunido en Uruguay aprobó el jueves la adhesión de Nicaragua al organismo, lo que le abre la puerta para ser en un futuro miembro pleno.
SEC says will fix whistleblower rule if any problems
As the controversial new law takes effect, the SEC is prepared to make changes if any unintended problems cropped up.
Ivory Coast president's forces continuing extrajudicial killings
A representative for the UN MINUCI - Mission in the Ivory Coast confirmed that forces loyal to President Alassane Ouattara are continuing to kill civilians and opposition members in his name, with 26 killings reported between July 11 and August 10. There were also 85 arbitrary detentions by members of the FRCI - Republican Forces of Ivory Coast reported. Both the UN and rights groups have alleged that Outtara's forces have continued the violence of the post-election civil war, even after Ouattara took power. Although Ouattara has insisted that all those responsible for war crimes will be prosecuted, none of his supporters has been charged or arrested. On Wednesday, the son of former Ivory Coast president Laurent Gbagbo, Michel Gbagbo, and 12 other Gbagbo allies were charged with committing acts of post-election violence. With the arrest of his son and the 12 others, all Gbagbo's political allies have been charged except for him and his wife.
Egypt moves to end state of emergency
Egypt's interim government, the Cabinet of Ministers decided at Thursday's meeting to begin measures to end Egypt's state of emergency that has been in effect for nearly 30 years. The Egyptian Supreme Council of the Armed Forces announced in March that it would lift the state of emergency, but until now, nothing else had been discussed on the matter. Due to what many perceive as the government's inactivity, if not abuse of power, protests have continued.
German etiquette group targets workplace kissing
A society in Germany, which advises on etiquette and social behavior, has called for kissing to be banned in the workplace. The Knigge Society says the practice of greeting colleagues and business partners with a kiss on the cheek is uncomfortable for many Germans. The society has received concerned emails from workers on the issue. It advises people in the workplace to stick to the traditional handshake.
Rights group calls for justice system reform in DRC
AI - Amnesty International called Wednesday for justice system reform in the DRC - Democratic Republic of Congo. The report states that the justice system has allowed the Congolese army and other armed groups to engage in a "cycle of violence and human rights violations for decades," alleging that the groups have engaged in torture, sexual violence and murder against citizens and that very few perpetrators have been brought to justice. AI called upon the DRC to prosecute all suspects under "international fair trial standards."
Pennsylvania judge sentenced to 28 years in juvenile sentencing scandal
A Pennsylvania judge was sentenced Wednesday to 28 years in prison for his participation in a juvenile sentencing scandal. Mark Ciavarella Jr., a former judge in Pennsylvania's Luzerne County Court of Common Pleas, was accused of receiving nearly $1m in kickbacks for sentencing teenagers to two private juvenile detention facilities in which he had a financial interest. A jury in the US District Court for the Middle District of Pennsylvania reached a split decision in April in Ciavarella's corruption trial, convicting him of 12 counts, including racketeering, money laundering and conspiracy, and acquitting him of 27 counts, including extortion. In a sentencing memorandum filed Monday, Ciavarella's attorneys urged the court to be lenient, pointing to, among other factors, the jury acquittals, Ciavarella's lack of criminal history and the original plea offer containing an 87-month sentence.
Wal-Mart explores bid for Carrefour in Brazil
Wal-Mart Stores Inc., the world's largest retailer, is exploring a bid for Carrefour SA's Brazilian stores to help bolster its scale in Latin America. A word of caution: there are no current talks and Wal-Mart has not contacted the French retailer.
Anheuser profits from price rises
Anheuser-Busch InBev, the world's largest brewer, reports a rise in profits as price rises help to offset falling sales in the US.
Four EU nations ban short-selling
France, Italy, Spain and Belgium ban short-selling on the shares of banks and other financial companies after market turmoil. If the ban on short-selling some eurozone banks is viewed as a panicky measure, then conventional investors in those banks - and their creditors - will feel under greater pressure to remove their financial support.
Greek union vows law suits against privatization
Greece's powerful main civil servants union on Thursday vowed to file law suits against the Socialist government over a euro50 billion privatization program, describing it as an act of "national treason," "We will use all means at our disposal to, of course, hopefully overturn the government, but mainly to file law suits against those who sign these (privatization) agreements."
Japan plans landmark renewable-energy law
Japan's parliament is set to approve a landmark bill on renewable energy as a way to reduce the nation's dependence on nuclear power following the worst nuclear plant accident in the country's history, and which would break the monopoly of the 10 major utilities. The final passage of the bill, which aims to bolster investment in renewable energy, is expected by the end of the month. Ironically, it paves the way for the highly unpopular Prime Minister Kan to step down. Its main feature is a requirement that utilities purchase power from outside providers such as private companies or cooperatives under certain circumstances. This is seen as opening the door for much greater use of renewable energy, an area where Japan lags, accounting for just 9% of total supply. But big manufacturers, already hurt by power shortages and the effects of the high yen on exports, will face higher electricity bills as a result.
U.S. Chamber Of Commerce battles anti-bribery statute
More than three decades after the United States Congress passed the Foreign Corrupt Practices Act -- striking a major blow against international corruption by criminalizing bribes to foreign officials -- the U.S. Chamber of Commerce is trying to carve out some major exceptions in the law to prevent prosecutors from enforcing it too aggressively. The move by the increasingly activist Chamber has led critics to fear there may be no checks left on the corporate lobby's ambition -- or its influence.
Google jumps into online-law business with Rocket Lawyer
Traditional lawyers may not like it, but venture capitalists are pouring money into one of the last industries to resist commoditization on the Web. Google Ventures today announced it is part of a group that infused $18.5m into Rocket Lawyer, which bills itself as the "fastest growing online legal service." The firm has 70,000 users a day and has doubled revenue for four years straight to more than $10m this year. Rocket Lawyer provides online legal forms, from wills to Delaware certificates of incorporation, that non-lawyers can fill out and store and share on the Web. For $19.95 a month, consumers can also have their documents reviewed by a real lawyer and even get legal advice at no additional cost. The model is similar to those pre-paid legal services that have generated controversy over the years, but with Google technology in the background. Documents are stored, Google Docs fashion, on Rocket Lawyer's servers and can be edited and passed around before the consumer prints them out to be filed at the nearest courthouse. The multibillion-legal industry would seem to be a natural for disintermediation, or in layman's terms, breaking up into higher-volume, lower-margin parts.
Law schools push recruiters
Thousands of interviews for jobs at law firms are taking place now as top law schools, under pressure to help students snag jobs, push firms to recruit in August, months earlier than in previous years.
Luxury makers battle over red-soled shoe
A federal judge denied Christian Louboutin's request to halt sales of red-soled shoes made by rival Yves Saint Laurent, saying Louboutin wouldn't likely be able to prove that its own red soles deserve trademark protection.
Syrian security forces 'fire' at protesters
Al Jazeera, Doha, Qatar
Yemeni president objects to power transfer deal
Asharq Al-Awsat, Pan-Arab daily, London, England
Libya rebels hit trying to take heat off Misrata
Egyptian Gazette, English-language, Cairo, Egypt
Report: U.S. threatens to halt humanitarian aid to Gaza
Haaretz, Liberal daily, Tel Aviv, Israel
Gaddafi forces still hold Brega oil terminal, refinery
JPost, Conservative, Jerusalem, Israel
Man attacked in Ealing riot dies
BBC News, Centrist newscaster, London, England
Britain's rioters count cost of unrest as order restored
CNN International, London, England
TV shooting soldier faces death
Daily Express, Conservative tabloid, London, England
BREAKING NEWS: River Thames closed after tugboat capsizes and crew member missing
Daily Mail, Conservative daily, London, England
LeAnn Rimes reveals her toned tummy in yet ANOTHER bikini
Daily Mail, Conservative daily, London, England
France stands firm over health of finances
EuroNews, International news, Ecully Cedex, France
MARKETS: Four European countries ban short-selling stocks
France 24, Issy-les-Moulineaux, France
Gunman killed after Estonian ministry shooting
Hurriyet Daily News, (Liberal, English-language), Istanbul, Turkey
Republican rivals Tim Pawlenty and Michele Bachmann joust in debate
Independent The, London, England
Moscow on track for better commuter trains
Moscow News The, Independent, Moscow, Russia
London riots: pensioner who confronted rioting yobs dies after life support machine is switched off
Telegraph The, Conservative daily, London, England
Michael Winner, 75, to marry for the first time
Telegraph The, Celebrity news, London, England
Burma: More talks with Suu Kyi
Bangkok Post, Independent, Bangkok, Thailand
China's aircraft carrier plan should not affect regional peace: US
China Post, English-language daily, Taipei, Taiwan
LG, Sony End Patent War
Chosun Ilbo, Conservative daily, Seoul, South Korea
Fresh trail links Karachi to fake Indian money in Nepal
Hindustan Times, New Delhi, India
Month after Mumbai blasts, culprits roam free
India Times, Conservative daily, New Delhi, India
'The Tree of Life'
Japan Times, Independent centrist, Tokyo, Japan
Former Warrant band frontman found dead
New Zealand Herald, Conservative daily, Auckland, New Zealand
London assays riots cost, promises safe 2012 Olympics
People's Daily Online, English-language, Beijing, China
Norway presents new July 22 twin attacks commission
Straits Times, Pro-government, Singapore
Tigers make it five straight
Sydney Morning Herald, Centrist daily, Sydney, Australia
More austerity may be the last thing Italy needs
The Economic Times, Business, Mumbai, India
Nearly 600 charged in U.K. riots
Canadian Broadcasting Centre, Toronto, Ontario
Syrian troops open fire as thousands protest Assad
Globe and Mail The, Centrist daily, Toronto, Canada
Which States Could Suffer From America's Downgrade?
International Business Times, Business news organization, New York, U.S
ENVIRONMENT-LATAM: Shrimp Industry Bites Hand That Feeds It
IPS Latin America, International cooperative of journalists, Rome, Italy
Futures add to gains on retail sales data
Reuters, Business News, New York, U.S
Police unearth 4 corpses on Budapest island
Reuters, World News, New York, U.S
Pumped-up police were the aggressors at G20 rally, judge rules
Toronto Star, Toronto, Ontario
SA unveils universal health care
BBC News, Centrist newscaster, London, England
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