Chevron targeted a second time by Brazil prosecutors seeking operating ban
Brazilian prosecutors are seeking for a second time to ban Chevron Corp. and Transocean Ltd. from operating in the country after a 3,000-barrel oil spill. The two companies must be suspended from operating until they stop environmental damage from the November leak off the coast of Rio de Janeiro. The two companies should be fined 500 million reais ($273 million) a day if they don't comply with the suspension, according to Porto. Chevron is facing mounting attacks from Brazilian politicians, prosecutors and regulators after the leak at its $3.6 billion Frade project in November and a second seep in March. Federal prosecutor Eduardo Santos, who's probing the slick independently from the regulator, charged 17 executives at Chevron and Transocean with environmental crimes and called for prison sentences of as much as 31 years.
BP accuses U.S. hiding evidence on size of Gulf oil spill
A reduction in the size of the spill would lower the maximum civil fine BP could be forced to pay under the Clean Water Act, now estimated at $17.6 billion.
Cisco to invest 1 billion Reais in Rio center
Cisco Systems Inc will invest 1 billion reais ($547.4 million) to build an innovation and technology center in Rio de Janeiro. Rodrigo Abreu, Cisco's president in Brazil, will make the announcement April 2 during a company event, the newspaper said. San Jose, California-based Cisco will inaugurate the Rio technology center in the second half.
Human rights court agrees to hear Guantanamo detainee case
The IACHR - Inter-American Commission on Human Rights on Friday agreed to hear the case of Guantanamo detainee and Algerian national Djamel Ameziane. The CCR - Center for Constitutional Rights and the CEJIL - Center for Justice and International Law, co-counsel for Ameziane, states that Ameziane has been held at Guantanamo Bay without any charge or trial for more than 10 years. This is the first time that the IACHR has agreed to accept jurisdiction over a Guantanamo detainee. J Wells Dixon, Senior Staff Attorney at CCR, stated: Indefinite detention is not an option. Detained men must be afforded fair trials or released. It is long past the time for impunity at Guantanamo to end, and for the closure of Guantanamo to be addressed. Today's IACHR decision is a step in that direction. The IACHR will investigate whether the US's failure to transfer Ameziane is in compliance with international human rights law.
Top prosecutor at Guantanamo military commissions to retire
The top prosecutor at the Guantanamo Bay military commissions has asked to retire from the military after he finishes his assignment there. Brig. Gen. Mark Martins says he hopes the decision will drain some of the politics out of the chief prosecutor's position and will provide some continuity. He said the move will also allow him to make decisions without any taint of politics. Whatever decisions he makes while chief prosecutor could not be construed as being motivated by how it might affect his future military career.
Spain budget: Cuts to total 27bn euros this year
Spain is cutting 27bn euros ($36bn) from its budget this year as part of one of the toughest austerity drives in its history. Changes will include freezing public sector workers' salaries and reducing departmental budgets by 16.9%. The government says it will raise 12.3bn euros this year, aided by an increase in tax for large companies. Deputy Prime Minister Soraya Saenz de Santamaria said the nation was in an "extreme situation".
Groupon's shares fall on revision
Groupon revised its financial results on Friday, an unexpected restatement that deepened losses for the daily deals site and once again raised questions about the accounting practices of the newly public company. As part of the revision, Groupon disclosed a "material weakness" in its internal controls, saying it had failed to set aside enough money to cover customer refunds. The accounting issue increased the company's losses in the fourth quarter to $64.9 million from $42.3 million. The disclosure highlights current concerns about the reliability of Groupon's financial statements. Founded only four years ago, the company has experienced astonishing growth as it came to dominate the world of daily deals. Last year, investors clamored for shares of the newly public company, which was valued as high as $20 billion.
Ahead of I.P.O., Mark Zuckerberg's lawyers expedite disclosures
Facebook's chief executive, Mark Zuckerberg, is rushing to clear all his paperwork ahead of the social network's highly anticipated initial public offering. The Federal and Trade Commission disclosed in a notice on Friday that it had agreed to expedite the approval of a filing for Zuckerberg, terminating the usual 30-day waiting period. The notice relates to Zuckerberg's stock options and his plans to exercise stock options worth about $5 billion in the offering. This type of disclosure is not that common for I.P.O. stock sales; however, because of the value of Zuckerberg's options, a filing was necessary. A large portion of Zuckerberg's bounty, roughly $2 billion, will be used to pay income taxes.
Turkish MPs fight as controversial schools bill passed
Turkey's parliament has passed a bill that allows parents to move their children into Islamic schools earlier. The education reform bill extends compulsory education from eight to 12 years and allows children to switch to specialist schools from as young as 10. The ruling AK Party says the bill will mean pupils stay longer in school but secular Turks see it as part of a wider plan to increase religious influence. MPs fought during a debate on the bill, which followed days of protests.
Three US credit firms warn of security breach
Visa, Mastercard and Discover have warned that credit card holders' personal information could be at risk after a security breach. The firms said there had been "no breach" of its own system, instead blaming a third party. Industry sources believe more than 10 million cards may have been compromised. Reports suggest the stolen details had been obtained in New York. Sources believe card-processing firm Global Payments was the company that suffered the breach, but it has not responded to requests for comment. None of the three companies, which are the three of the largest credit card processors would confirm how many customers were affected.
Iran ordered to pay $44.6 million to US marines injured in 1983 Beirut attacks
A federal judge on Wednesday awarded $44.6 million from Iran to two US marines and their families as a result of injuries sustained in the 1983 suicide-truck bombing on American barracks in Beirut, Lebanon. Relying on the findings of fact from Peterson v. Islamic Republic of Iran (Peterson II), Judge Royce Lamberth, Chief Judge for the US District Court for the District of Columbia, found that marines Jeffrey Paul O'Brien and Daniel Lane Gaffney had already proven that Iran's acts of extrajudicial killing and support for such killing were intended to cause their injuries, thus they were entitled to collect damages under the Foreign Sovereign Immunity Act, 28 USC § 1605A(c), for solatium and pain and suffering. Collection of the award may be difficult, though plaintiffs' attorney Joseph Peter Drennan is hopeful that judgment will be enforced against blocked Iranian assets in the US.
Muslim Brotherhood Egypt presidential candidate cleared to run by judges
Egyptian military judges dropped convictions against Muslim Brotherhood presidential candidate Khairat el-Shater, clearing the nominee of the nation's dominant political party to run in the election, the group's lawyer said.
To keep protesters away, Egypt's police put up walls
The barriers went up near the Interior Ministry in Cairo, turning vibrant neighborhoods into a maze of checkpoints. Some residents say the walls symbolize the divisions between the country's authorities and ordinary citizens.
Switzerland wants German tax investigators arrested on economic espionage
Switzerland is seeking to arrest three German tax investigators who negotiated the purchase of data on Credit Suisse Group AG clients for economic espionage, a German government spokeswoman said.
Eurozone ministers boost firewall to $1tn
Eurozone countries agreed to boost the joint lending power of the "firewall" from 500bn to 800bn euros ($1.1tn). The firewall is the permanent mechanism to bail out troubled eurozone nations. But in reality, what the eurozone countries are doing is making commitments available earlier that they had already agreed to give. As Spain and Italy's finances have looked more precarious, investors have been worried about whether the eurozone's firewall could cope with more bailouts. The new enlarged fund, combined with what the International Monetary Fund has agreed to lend to the eurozone, should be enough to cope with a new crisis.
The individual mandate's growth in unpopularity
The Supreme Court case against President Obama's health care law may come down to one big legal question: Can the government require every American to buy health insurance? Many Americans say no, but a former White House spokesman says that's because they don't fully understand the law. And an individual mandate was even once proposed by Republicans.
Airlines' treatment of passengers slowly improves
For airline passengers grappling with fare increases, canceled routes and a seemingly endless parade of new fees, "better" may not be the first word that comes to mind. But based on more traditional yardsticks — lost bags, delayed flights, lousy service and bumpings from full planes — airlines are doing a better job. Airlines are slowly, steadily recovering from their meltdown five years ago, when, under the strain of near-record consumer travel demand, their performance tanked. Industry performance for all four measurements was slightly better in 2011 compared with 2010. "Airlines realize that people are paying a lot more money, and the system is more complex than it was, and they have to do a better job." With higher fuel costs, airfares are trending up, although increases vary significantly depending on whether the passenger is flying between major airports, or is heading to or from a small or medium-sized airport. As airlines cut back service to smaller airports, the cost of air travel in small and medium cities is increasing.
Law firm restructuring its management
New York law firm Dewey & LeBoeuf is shaking up its management structure after the recent departure of nearly 40 of its 300-plus partners — including the managing partner of its Washington office. Dewey will go from having a sole chairman to a five-partner "office of the chairman" that includes leaders of the firm's most profitable practice groups: head of Dewey's D.C. lobbying practice Charles Landgraf, three practice group leaders in New York and chairman Steven Davis. Davis will relocate from New York to London to focus on the firm's international practice. The restructuring is pending approval of the entire partnership in a vote to be completed this week.
Time
The truth about oil. The Future Of Oil. Extreme oil--from the deep Atlantic to the arctic, from fracking in the U.S. to sands in Canada--is replacing dwindling supplies. But it comes at a heavy economic and environmental cost.
Newsweek
Forget the Church. Follow Jesus. Christianity has been destroyed by politics, priests, and get-rich evangelists. Ignore them and embrace Him.
Business Week
Steve Jobs last war. Apple's jihad.
The Economist
France in denial.
Der Spiegel
Das Benzin-Kartell. Wie Öl-Konzerne die Spritpreise manipulieren.
L'Espresso
Famiglie anche noi. Conviventi. Gay. Divorziati. Aumentano le unioni di fatto, mentre calano i matrimoni. Ma per lo Stato italiano non esistono. Né hanno diritti.
Russian passenger plane crashes in Siberia
Al Jazeera, Doha, Qatar
Qatar says Iraq's fugitive Vice-President Tariq al-Hashemi arrives for 'official visit'
Asharq Al-Awsat, Pan-Arab daily, London, England
Syria conference: Gulf countries to fund rebels
Egyptian Gazette, English-language, Cairo, Egypt
Ultra-Orthodox man wounded in axe attack in central Jerusalem
Haaretz, Liberal daily, Tel Aviv, Israel
PA defends detention of dissenting journalists
JPost, Conservative, Jerusalem, Israel
Events mark Falklands anniversary
BBC News, Centrist newscaster, London, England
Near clean sweep for Suu Kyi's party in Myanmar
CNN International, London, England
Obama team sets sights on Romney
Daily Express, Conservative tabloid, London, England
UK weather: Sunbathers enjoy last of warm weather as Britain braces for Easter freeze
Daily Mail, Conservative daily, London, England
Britain's Got Talent 2012: Ryan O'Shaughnessy's school friend was inspiration for love song
Daily Mail, Conservative daily, London, England
Rescue launched to save stranded Russian fishermen
EuroNews, International news, Ecully Cedex, France
MALI: Junta reinstates constitution as rebels seize Timbuktu
France 24, Issy-les-Moulineaux, France
A different voice this time from the EU Parliament
Hurriyet Daily News, (Liberal, English-language), Istanbul, Turkey
32 dead in Siberian passenger plane crash
Independent The, London, England
Arctic Cold War heats up
Moscow News The, Independent, Moscow, Russia
Bus driver arrested after fatal M5 crash
Telegraph The, Conservative daily, London, England
Mark Owen becomes third member of Take That to become father-to-be
Telegraph The, Celebrity news, London, England
Parliament session extended
Bangkok Post, Independent, Bangkok, Thailand
Suu Kyi wins parliamentary seat: party
China Post, English-language daily, Taipei, Taiwan
Philippines Protest Against N.Korean Rocket Launch
Chosun Ilbo, Conservative daily, Seoul, South Korea
Russian plane crashes in Siberia with 43 aboard, 12 survive
Hindustan Times, New Delhi, India
Teens abduct, kill 15-year-old for ransom in Pune
India Times, Conservative daily, New Delhi, India
Okada woos opposition camp
Japan Times, Independent centrist, Tokyo, Japan
Aussie PM jokes with Obama on prejudices
New Zealand Herald, Conservative daily, Auckland, New Zealand
Plane crash kills 41 in Russia's Siberia
People's Daily Online, English-language, Beijing, China
Woman finds maggots in Qantas snack on flight from LA
Straits Times, Pro-government, Singapore
Brynne's new reality
Sydney Morning Herald, Centrist daily, Sydney, Australia
Fire-damaged cruise ship Azamara Quest safely reaches in Malaysia
Taiwan News, English-language daily, Taipei, Taiwan
Local currency transactions needed among BRICS
The Economic Times, Business, Mumbai, India
Ang San Suu Kyi hails election win
Canadian Broadcasting Centre, Toronto, Ontario
A more efficient border, a more efficient economy
Globe and Mail The, Centrist daily, Toronto, Canada
World's Most Eligible Billionaire Bachelors
International Business Times, Business news organization, New York, U.S
New Generation Protests Crimes of Brazil's Dictatorship
IPS Latin America, International cooperative of journalists, Rome, Italy
Wall St Week Ahead: After stocks' first-quarter run, focus turns to data
Reuters, Business News, New York, U.S
Russian plane crash kills 31, 12 survive
Reuters, World News, New York, U.S
Juno Awards 2012: An unpredictable night
Toronto Star, Toronto, Ontario
Mali neighbours to mull sanctions
BBC News, Centrist newscaster, London, England
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