In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful what you say on the phone.” Aksar had just published Niger’s first exposé from the Panama Papers, the investigation based on a leak of documents […]
Tim Leissner, the former star dealmaker for Goldman Sachs in Southeast Asia, is to be banned from Singapore’s securities industry for 10 years over breaches relating to the multibillion-dollar scandal at Malaysia’s troubled state investment fund 1MDB, while Standard Chartered and Coutts have both been fined. Mr Leissner, who joined Goldman in Asia in 1998 and helped raise $6bn for 1MDB with three bond issuances, is being […]
By Jack Kim | SEOUL SEOUL South Korean opposition parties said on Friday they will hold a parliamentary impeachment vote on scandal-tainted President Park Geun-hye next week, while her own party remains undecided on whether to force her out of office. Park has offered to resign and asked parliament on Tuesday to decide how and when she should step down over the influence peddling scandal but the […]
The measure calls for making the annual financial disclosures of D.C. court judges similar to those already required for federal judges — and making those reports available to the public. While D.C. Court judges’ paychecks come from the federal government, the judges have not been held to the same standard as federal judges when it comes to publicly disclosing their financial affairs. The measure also includes several other […]
Fully operational since July, Electrochaea’s one-megawatt BioCat facility near Copenhagen converts excess electrical power from wind turbines and waste CO2 from the neighboring water treatment plant into methane for the natural-gas grid. Credit: Ronnie Ranch Hedegaard, courtesy of Electrochaea One of the biggest challenges to wider adoption of wind and solar power is how to store the excess energy they often produce. A technology developed at the […]
What does former Virginia Gov. Bob McDonnell’s triumph at the Supreme Court mean for the federal corruption case against Sheldon Silver? It’s apples and oranges, Manhattan federal prosecutor Preet Bharara’s office told a federal appeals court this week. Lawyers for the former New York Assembly Speaker have seized on the McDonnell ruling in their appeal to […] (via WSJ)
|By Arabian Post Staff| Reporters have faced consequences both in nations where media crackdowns are common and also in nations with reputations for high levels of press freedom In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful […]
When it comes to very large numbers, it can be hard to get the right perspective. If you had to count it, a €40bn pile of cash would be somewhat daunting. Place it next to to the Italian national debt, however, and the pile becomes a pimple. The number matters because it was the amount the government proposed using to assist troubled financial institutions earlier this year. […]
By Cheikh Sadibou Mane | BANJUL BANJUL Gambians voted on Thursday in the first serious electoral challenge to President Yahya Jammeh, who has said only Allah can remove him from office and once claimed he would rule the tiny riverside West African nation for “a billion years”. Jammeh, who seized power in a 1994 coup, has made headlines by claiming to have a herbal cure for AIDS […]
Law Blog rounds up the morning’s legal news: Bitcoin ruling: A federal court ruled that the IRS can serve digital-currency-services company Coinbase with a “John Doe summons” that seeks detailed information on its customers’ transactions from 2013 to 2015. [WSJ] Community policing: Gary, Ind., is among six cities in a program that fights crime by asking officers […] (via WSJ)
By Crispian Balmer | ROME ROME A ‘No’ vote in Sunday’s referendum on constitutional reform would be a slap in the face to Europe, said the head of the rightist Northern League, pledging to pull Italy from the euro if he wins the next national elections. Matteo Salvini, who has said he would run for prime minister, has helped lead the campaign against the government’s planned overhaul […]
In this Feb. 25, 2014 file photo, theSamsung Galaxy S5 is displayed at the Mobile World Congress in Barcelona, Spain, Tuesday, Feb. 25, 2014. Leading tech companies are increasingly nudging consumers to use their own fingers, faces and eyes as digital key to unlock phones and other gadgets. But there are downsides: Hackers could still steal your fingerprint, or its digital representation. And police may have broader […]
Colombia’s Congress has approved an amended peace deal with the country’s Farc rebel group, reviving hopes of a permanent end to Latin America’s longest running civil war just two months after the original pact was narrowly rejected by voters in a referendum. The House of Representatives unanimously approved the plan — with some opposition members abstaining — a day after the Senate also gave its backing. President […]
Pursglove would soon learn, however, that navigating this offshore archipelago is not easy. In any given year, trillions of dollars sit safely in the offshore financial world, effectively stateless, protected by legions of well-compensated defenders and a tangle of laws deliberately designed to impede creditors and tax collectors. Even the United States government finds it challenging: A special Internal Revenue Service division known as the “wealth squad,” […]
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By Jack Kim | SEOUL SEOUL South Korean opposition parties differed on Thursday on when to bring an impeachment motion against scandal-tainted President Park Geun-hye and were far apart from her conservative party on her offer to quit. Park on Tuesday asked parliament to decide how and when she should step down in a dramatic turn of events in the influence-peddling scandal, an offer that the main […]
“We vehemently disagree that the study should be withheld in its entirety,” Center for Public Integrity Chief Executive Officer John Dunbar said. “Doing so does the public a disservice given longstanding concerns over whether the FEC — an agency created by Congress to foster governmental transparency — is properly securing itself against external threats.” In its lawsuit and the requests for the security study that preceded it, […]
CAIRO: Sudanese President Omar Bashir, who is wanted by the International Criminal Court for war crimes in Darfur, voiced his support on Tuesday for US President-elect Donald Trump, saying dealing with him will be “much easier.”Trump “focuses on the interests of the American citizen, as opposed to those who talk about democracy, human rights and transparency,” Bashir said in an interview published by Emirati daily Al-Khaleej.“I am […]
By Jonathan Stempel and Nate Raymond | NEW YORK NEW YORK Billionaire Steven A. Cohen’s former hedge fund SAC Capital Advisors LP will pay $135 million to settle a lawsuit by investors in the drugmaker Elan Corp, who said they lost money because of insider trading by one of his portfolio managers. The preliminary class-action settlement with SAC, now known as Point72 Asset Management LP, was filed […]
Thou art the ruler of the minds of all people, Dispenser of India’s destiny. Thy name rouses the hearts of Punjab, Sind, Gujarat and Maratha, Of the Dravida and Odisha and Bengal; It echoes in the hills of the Vindhyas and Himalayas, mingles in the music of Jamuna and Ganges and is chanted by the waves of the Indian Sea. They pray for thy blessings and sing […]
India’s millions of Bollywood-mad movie goers will soon start a trip to the cinema with a mandatory dose of patriotism. The country’s Supreme Court said in an order Wednesday that all movie theaters should play the national anthem with an image of the Indian tricolor on the screen before the start of any feature film. All those present in the hall “are obliged to stand up to […]
Law Blog rounds up the morning’s legal news: Wisconsin recount: A Wisconsin judge refused to order local election workers to conduct the state’s upcoming presidential recount completely by hand. [AP, Reuters] Market-manipulation trial: A rare market-manipulation trial begins in a Manhattan federal court, as one of the biggest U.S. futures traders enters a risky showdown […] (via WSJ)
By Adama Diarra | SIKASSO, Mali SIKASSO, Mali A Malian court began a trial of former coup leader General Amadou Sanogo on Wednesday on charges of “complicity in kidnapping and assassination,” three and a half years after his junta was accused of killing 21 soldiers. Sanogo led a coup in March 2012 that deposed former President Amadou Toumani Toure and plunged Mali into chaos, enabling Tuareg rebels […]
Javier Duarte, governor of the state of Veracruz, attends a news conference in Xalapa, Mexico, August 10, 2015 (Reuters/Stringer). Last June, Mexico elected new governors in twelve of its thirty-one states. As millions of voters went to the urns, corruption was a top concern (along with insecurity). Eight states saw the incumbent party kicked out; in four—Veracruz, Quintana Roo, Chihuahua, and Durango—the PRI lost for the first […]
