February 9, 2015 nº 1,593 -  Vol. 11

"Every other sin hath some pleasure annexed to it, or will admit of an excuse: envy alone wants both."

 Robert Burton

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  • Top News

America's first Islamic tribunal based on Sharia law being operated in North Texas

America's first Islamic tribunal based on Sharia law is being operated in North Texas. The court, located in Irving, has availed itself to the community to arbitrate disputes between Muslims, such as divorce proceedings, business conflicts and other civil matters. "All our decisions point back to the Koran and Sunna … and what the prophet Mohammed left to us," Dr. Taher el-Badawi, Islamic Tribunal judge said. But the three men who operate the court state that they do not seek to override the existing courts or the US Constitution. "We are not here to invade the White House or invade Austin," Imam Moujahed Bakhach told reporters. "We are humble and want to settle a problem between Muslims." The Islamic judges state that their rulings are non-binding, and that they simply "give people the Islamic point of view—that's about it—and it's up to them to follow or not to follow." Criminal cases are not among the issues handled.

Obama's 'high horse': IS, the Crusades and moral equivalency

Behold the perils of invoking moral equivalency - even, or perhaps especially, when some of the events in question are separated by 800 years. During a speech Thursday at the National Prayer Breakfast, Obama leavened his condemnation of the Islamic State's recent atrocities with a word of warning to his fellow Christians who wish to conflate the militant group's actions with Islam as a whole. "Lest we get on our high horse and think this is unique to some other place, remember that during the Crusades and the Inquisition, people committed terrible deeds in the name of Christ," the president said. "In our home country, slavery and Jim Crow all too often was justified in the name of Christ." Murderous extremism, he continued, "is not unique to one group or one religion. There is a tendency in us, a sinful tendency that can pervert and distort our faith." The comments prompted an angry reaction - bordering on apoplexy - from many on the right.

HSBC bank 'helped clients dodge millions in tax'

Global banking giant HSBC for years catered to a motley crew of weapons dealers, tax evaders, tin-pot dictators and celebrities, using its private Swiss arm to shield accounts worth more than $100 billion. Thousands of accounts from HSBC's private bank in Switzerland leaked by a whistleblower in 2007. Bankers helped clients evade tax and offered deals to help tax dodgers stay ahead of the law. HSBC admitted that some individuals took advantage of bank secrecy to hold undeclared accounts. But it said it has now "fundamentally changed". The documents, stolen in 2007 by a computer expert working for HSBC in Geneva, contain details of more than 100,000 clients from around the world. Offshore accounts are not illegal, but many people use them to hide cash from the tax authorities. And while tax avoidance is perfectly legal, deliberately hiding money to evade tax is not. The French authorities assessed the stolen data and concluded in 2013 that 99.8% of their citizens on the list were probably evading tax. The bank now faces criminal investigations in the US, France, Belgium and Argentina. HSBC said it is "co-operating with relevant authorities". But in the UK, where the bank is based, no such action has been taken.

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  • Crumbs

1 - Amy Pascal To Step Down As Sony Co-Chair Following 'The Interview' Cyberattack - click here.

2 - Mississippi House approves bill banning use of foreign law - click here.

3 - FCC Proposal Would Regulate Internet Like A Public Utility - click here.

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  • MiMIC Journal

4 accounting firms' China affiliates agree to S.E.C. settlement

The Chinese affiliates of the firms failed to produce documents from their audits of Chinese companies under S.E.C. inquiry.

China seizes HK novelty toilet rolls

China's authorities have seized 7,600 toilet rolls and 20,000 packets of tissue printed with the image of Hong Kong chief executive CY Leung.

Obama lauds 'friend' Dalai Lama

Obama has called the Dalai Lama a "good friend" and an inspiration for freedom and dignity of all human beings.

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  • Brief News

Greece needs loan, not bailout

Greece cannot service its huge debt and will seek a bridge loan rather than an extension of its bailout, Prime Minister Alexis Tsipras says. In an address to parliament, he also promised measures to cut bureaucratic spending and said his government would stick to all its pre-election pledges. The European Central Bank (ECB) said it would no longer accept Greek government bonds as collateral for lending money to commercial banks. EU officials have rejected his efforts to renegotiate Greece's bailout terms.

British radicalization 'alarming'

Britain's heir to the throne, Prince Charles, said that the extent to which young people in the UK are becoming radicalized is "alarming". "The frightening part is that people can be so radicalized either through contact with somebody else or through the internet, and the extraordinary amount of crazy stuff which is on the internet." He said: "What I have been trying to do all these years with the Prince's Trust is to find alternatives for adolescents and people at a young age, for constructive paths for them to channel their enthusiasm, their energy, that sense of wanting to take risks and adventure and aggression and all these things. But you have to channel them into constructive paths."

Judge strikes down Puerto Rico's debt restructuring law

Investors in billions of dollars of Puerto Rico bonds have secured a major legal victory, after a federal judge ruled that the commonwealth's recently enacted debt restructuring law was unconstitutional. In a decision on Friday night, Judge Francisco A. Besosa of the United States District Court in Puerto Rico said the Puerto Rico Public Corporation Debt Enforcement and Recovery Act was void and enjoined commonwealth officials from enforcing the law. The Recovery Act was passed by Puerto Rico lawmakers last summer to enable the commonwealth to revamp the debts and labor contracts of the island's struggling public corporations, including the Puerto Rico Electric Power Authority, which is known by its acronym, Prepa.

Mixed signals on Iran nuclear deal

Iran's supreme leader Ayatollah Ali Khamenei says he would rather see no deal on the country's nuclear program than one that undercuts Iranian interests. He would back an accord, but only if neither side got everything it wanted, he said. He also expressed reservations about the current plan of reaching an agreement in two stages, first on general issues and then on details. Iran would consider the deal unfavorable if sanctions were not lifted with immediate effect after a comprehensive accord Iran's supreme leader Ayatollah Khamenei has the power to overrule laws.

Banker named as new Petrobras chief


Aldemir Bendine, a leading banker, is the new chief executive of Brazil's scandal-hit oil giant Petrobras. He was not among the names touted for the job and will be seen as a safe choice for President Dilma Rousseff. She is worried about the impact the corruption case is having on both the country's economy and on her government. His appointment meant that the company would "remain largely bound to the government's needs. We see no major managerial improvement compared to the previous administration." Speculation ahead of the announcement sent Petrobras shares down 8% in Sao Paulo on Friday. It is alleged that contractors paid inflated prices for contracts with funds diverted to some Petrobras directors, and to the ruling Workers' Party and some of its allies. The Workers' Party has dismissed the claims as lies and said that it only accepted legal donations.

Canada to allow doctor-assisted suicide

Canada's Supreme Court has ruled that doctors may help patients who have severe and incurable medical conditions to die, overturning a 1993 ban. In a unanimous decision, the court said the law impinged on Canadians' rights. The case was brought by a civil rights group on behalf of two women, Kay Carter and Gloria Taylor, with degenerative diseases. Both have since died. The government now has a year to rewrite its law on assisted suicide. If it does not, the current law will be struck down.

(Click here)

Women journalists threatened online

A senior official from the European security body, the OSCE has warned of a growing number of online threats faced by women journalists. Following her reports on the protests at Istanbul's Gezi Park in 2013, Turkish journalist Amberin Zaman was fiercely attacked on Twitter. The messages were abusive, violent and sexual, she said.Online abuse against women journalists is "a global phenomenon growing at a very rapid pace" according to Dunja Mijatovic, the OSCE's Representative on the Freedom of the Media. She says she is "alarmed" at how female journalists and bloggers are singled out and attacked in social media, where people can hide behind anonymity.

Legal services sector stagnant after a weak 2014

The legal services sector shed 1,400 jobs in January, a small shift that keeps total employment in the 1.1 million range, where it remained throughout 2014, the Labor Department said Friday.

Pope backs smacking of children 'with dignity'

Pope Francis has backed parents who smack their children, providing the child's "dignity" is maintained. He made the remarks during his weekly general audience at the Vatican, which was devoted to the role of fathers in the family. The Pope outlined the traits of a good father, as someone who forgives but is able to "correct with firmness" while not discouraging the child. Some child welfare campaigners have questioned his comments.

British tribunal rules mass surveillance by spy agencies was illegal

In what's being hailed as a landmark case, the tribunal found the mass surveillance of cellphone and online communications violated human rights law. The government had already tweaked the program in response to concerns. "This will not stop intelligence agencies from sharing information, but it's unlikely they will be able to conduct large-scale uncontrolled intelligence activities without more oversight."

Slovakia referendum on same-sex marriage ban fails

A nationwide anti-gay marriage referendum in Slovakia failed on Saturday because of the low voter turnout. The referendum, which asked whether marriage should only be a union between a man and a woman, was intended to strengthen the constitutional same-sex marriage ban in the country. While 50% voter turnout is required to validate the ballot, only 21% of those eligible cast their vote.

Huffington Post bets people will read good news — and share it, too

Arianna Huffington says readers need more positive news coverage, so her site is launching an effort focused on good stories. Their share ability may make "What Works" a smart business move, too.

  • Weekly Magazine Review

Time
Starbucks For America

Newsweek
The Massacre of Europe's Songbirds

Business Week
The Billionaires at Burning Man. Move over, Google Bus. There's a new symbolic fight over tech money, class, and privilege

The Economist
Shareholder activism. Capitalism’s unlikely heroes

Der Spiegel
Wohin mit dem Geld? Strategien gegen den Anlagenotstand

L'Espresso
Due Presidenti

  • Daily Press Review

Malaysia divided over opposition leader's court case
Al Jazeera, Doha, Qatar

Amr Moussa Considers Election Boycott
Asharq Al-Awsat, Pan-Arab daily, London, England

Israeli and American television share a fear of Putin
Haaretz, Liberal daily, Tel Aviv, Israel

HSBC 'helped clients dodge tax'
BBC News, Centrist newscaster, London, England

Storm barrels toward Northeast
CNN International, London, England

Kenneth Branagh to set up his own theatre company
Daily Mail, Conservative daily, London, England

Osborne woos grey vote with GBP 5billion boost for OAP bonds
Daily Mail, Conservative daily, London, England

EU and US play down differences over response to Ukraine crisis
EuroNews, International news, Ecully Cedex, France

Ivory Coast beat Ghana 9-8 on penalties to win CAN final
France 24, Issy-les-Moulineaux, France

How to fight Istanbul's hillbillies - II
Hurriyet Daily News, (Liberal, English-language), Istanbul, Turkey

Andy Tsege case: Ethiopia refuses allow access to imprisoned British citizen
Independent The, London, England

Major Ukrainian TV provider drops Russian channels
Moscow News The, Independent, Moscow, Russia

Baby born prematurely in New York finally flies home to UK
Telegraph The, Conservative daily, London, England

Baftas 2015: Eddie Redmayne's award ceremony nightmare is erased
Telegraph The, Celebrity news, London, England

TransAsia vows fair compensation
China Post, English-language daily, Taipei, Taiwan

Young Women 'Suffer Most from Bulimia'
Chosun Ilbo, Conservative daily, Seoul, South Korea

Britain says Putin acting like a 20th century tyrant
Hindustan Times, New Delhi, India

'Basis to charge stamp duty unclear'
India Times, Conservative daily, New Delhi, India

Goto, Yukawa mourned in spontaneous gatherings nationwide
Japan Times, Independent centrist, Tokyo, Japan

Pharrell, Beyonce, Rosanne Cash win 3 Grammys each
New Zealand Herald, Conservative daily, Auckland, New Zealand

Ukraine President cancels trip over protests in eastern Ukraine
Straits Times, Pro-government, Singapore

Politics Live: Tony Abbott faces Liberal leadership spill threat
Sydney Morning Herald, Centrist daily, Sydney, Australia

Monday, February 16
Taiwan News, English-language daily, Taipei, Taiwan

No nuclear deal better than a bad one: Iran's supreme leader
The Economic Times, Business, Mumbai, India

ISIS U.S. hostage's family in 'fragile state', hopeful she is still alive
Canadian Broadcasting Centre, Toronto, Ontario

Harper to discuss trade, Ukraine, Greece with Angela Merkel in Ottawa
Globe and Mail The, Centrist daily, Toronto, Canada

Liberty Reserve Brought Down By 'Joe Bogus': How The Feds Arrested Arthur Budovsky
International Business Times, Business news organization, New York, U.S

OPINION: This Is Going to Hurt Me More Than It Hurts You
IPS Latin America, International cooperative of journalists, Rome, Italy

Asia shares stumble as weak China trade stokes growth worries
Reuters, Business News, New York, U.S

Twenty-two people killed outside Cairo football stadium
Reuters, World News, New York, U.S

Three high-tech artillery shells lost during Afghan pullout
Toronto Star, Toronto, Ontario

Nigeria delay 'setback for democracy'
BBC News, Centrist newscaster, London, England

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