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KINSHASA A court in Democratic Republic of Congo sentenced a political opposition leader to five years in prison on Wednesday, a human rights advocate said, a judgment that risks imperiling multi-party talks meant to organise a presidential election next year. The court found Franck Diongo, president of the opposition MLP party, guilty of illegally detaining three soldiers during violent protests last week in the capital Kinshasa that […]

Some of the biggest law firms on Wall Street are scrambling to shore up their defences against cyber attacks, in the wake of a raid by Chinese hackers which led to millions of dollars of profits from insider trading. Preet Bharara, US attorney for the southern district of New York, this week charged three individuals who he said infiltrated law firms over a period of about 18 […]

By Lesley Wroughton and Yeganeh Torbati | WASHINGTON WASHINGTON U.S. Secretary of State John Kerry warned on Wednesday that Israel’s building of settlements in occupied territory was endangering Middle East peace, expressing unusually frank frustration with the longtime American ally. In a swiftly issued statement, Israeli Prime Minister Benjamin Netanyahu accused Kerry of showing bias. He said Israel did not need to be lectured to by foreign […]

Within the tech world, there is something known as a Chaos Monkey. It is a software tool that simulates chaos and uncertainty, rampaging through a system pulling at cables and kicking computers. Simulate big problems so you can prepare for them; that’s how the thinking goes. Chaos Monkeys are tame – they are a tool employed by network administrators to make their systems safer and more stable. […]

AVATAR can detect changes in physiology and behavior during interviews with travelers. AVATAR can detect changes in physiology and behavior during interviews with travelers. Credit: Aaron Elkins When you engage in international travel, you may one day find yourself face-to-face with border security that is polite, bilingual and responsive—and robotic. The Automated Virtual Agent for Truth Assessments in Real Time (AVATAR) is currently being tested in conjunction […]

When the direct trading link between stock markets in Shenzhen and Hong Kong opened this month, local dignitaries were easy to spot at the launch events. Less conspicuous were international investors ready to take advantage of what was billed as a big opportunity to buy into Chinese equities. The link offers foreign investors greater access to shares on the Shenzhen Stock Exchange, home to some of China’s up […]

28 December 2016 The UAE Banks Federation (UBF), the professional body representing 49 banks in the UAE, announced today its whole weight contribution as strategic partner for the 2017 ACFE Fraud Conference Middle East, set to take place in Dubai from 29-31 January 2017 at Atlantis, the Palm. Held under the patronage of His Excellency AbdulAziz Al Ghurair, Chairman of UAE Banks Federation (UBF), the event is […]

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Shares in Toshiba sank by their daily limit of 20 per cent on Wednesday morning as investors scrambled to reassess the company’s financial stability and questioned the future of one of Japan’s most celebrated industrial names. The stock plunge followed Toshiba’s warning to the market the previous evening that it could book multibillion-dollar impairment losses on part of its Westinghouse nuclear business in the US – a […]

By Diane Bartz | WASHINGTON WASHINGTON Healthcare company Abbott Laboratories (ABT.N) has won U.S. antitrust approval for its proposed $25 billion acquisition of medical device maker St. Jude Medical Inc (STJ.N), the U.S. Federal Trade Commission said on Tuesday. Abbott agreed to divest two medical devices used in cardiovascular procedures to resolve FTC concerns the acquisition would stifle competition, the commission said in a statement. The company […]

By Jeffrey Heller | JERUSALEM JERUSALEM The Jerusalem municipality, undeterred by a U.N. anti-settlement resolution, is due to consider on Wednesday requests for construction permits for hundreds of new homes for Israelis in areas that Israel captured in 1967 and annexed to the city. Israel is still fuming over the resolution approved last Friday by the United Nations Security Council that demands an end to settlement activity […]

The low-for-long era is over. Central banks, fiscal activism and populism pricked the bond bubble in 2016. Next year will be a lot worse for bond investors, and the aftershocks of the burst will spread across many other assets. Since the crisis, investors have been buying bonds for capital gains and equities for yield, trusting in the holding hand of easy monetary policy. However, today the central […]

Law Blog rounds up the morning’s legal news: Pooled accounts: Tens of billions of dollars every year move through opaque law-firm bank accounts that create a gap in U.S. money-laundering defenses, according to a Wall Street Journal analysis. [WSJ] Judicial vacancies: Donald Trump is set to inherit an uncommon number of vacancies in the federal […] (via WSJ)

WASHINGTON U.S. President-elect Donald Trump on Tuesday announced that Thomas Bossert, former deputy homeland security adviser to President George W. Bush, would be his White House adviser on security and counterterrorism issues, according to a statement. As assistant to the president for homeland security and counterterrorism, Bossert would be Trump’s top counterterrorism chief. He currently runs a risk management consulting firm and has a cyber risk fellowship […]

Submitted by Alice Salles via TheAntiMedia.org, The end of the year is approaching, and data concerning government abuses of power has begun pouring in. According to Facebook’s Global Government Requests Report, government’s requests for Facebook account data rose 27 percent in the first half of 2016. Facebook’s official announcement explained that requests for user data went from 46,710 in the last half of 2015 to 59,229 in […]

Missions at sea, in mountainous regions or close to skyscrapers are extremely risky for helicopter pilots. The turbulent air flows near oil rigs, ships, cliffs and tall buildings can throw a helicopter off balance and cause a crash. To provide pilots with optimal preparation for these challenging conditions, engineers are developing new simulation software. (via WSJ)

Abu Dhabi’s stock market plans to introduce covered short-selling in the first quarter of 2017, its chief executive said on Monday, as it seeks to boost liquidity and attract more foreign investors. In covered short-selling, investors borrow shares and sell them in the expectation of repurchasing them later at a lower price. Regulators in the Gulf have until now shied away from allowing the practice because of […]

Toshiba warned the market that it could book an impairment loss of “several billion dollars” at its troubled US nuclear division and reconsider its presence in that industry as accounting issues returned to blight one of Japan’s biggest industrial names. With Toshiba’s financial position becoming more clouded by the announcement, its chief executive, Satoshi Tsunakawa, told a press conference on Tuesday night in Tokyo that the company […]

The eurozone’s biggest stock markets are closing in on double-digit gains for the final quater of 2016, as a combination of resurgent banks shares and a weaker euro entice investors into a region that has disappointed for much of the year. On Tuesday’s return from the Christmas break, Germany’s Xetra Dax 30 advanced 0.1 per cent in early afternoon trading, and is now up more than 9 […]

By Anuradha Nagaraj CHENNAI, India (Thomson Reuters Foundation) – Housemaids, brick makers, labourers, textile workers, fleeing migrants and children risking their lives in mica mines. These were the faces of modern day slavery in 2016 when the world saw a renewed resolve to combat all forms of human bondage. An estimated 45.8 million people globally live in some form of slavery, either trafficked into forced labour, sold […]

TOKYO Tokyo Electric Power (Tepco) is gauging demand for its first bond offering since the 2011 Fukushima nuclear calamity, with some market participants expecting a sale as early as February, people familiar with the plans said. Once-sceptical investors are now more comfortable with the utility’s outlook after government moves to reassess decommissioning and compensation costs, bankers and investors who asked not to be identified told Thomson Reuters […]

HAMBURG The culling of about 55,000 turkeys, chickens and ducks is underway after bird flu of the highly contagious H5N8 strain was found on farms in a major poultry production region in the north German state of Lower Saxony, authorities said on Tuesday. Poultry culling on the three farms where H5N8 was found and three others which had contact with them was started over the Christmas weekend […]

George Michael, the British pop superstar who reached early fame with WHAM! and went on to a solo career lined with controversies and chart-topping hits that blended soul and dance music with social commentary, has died, his publicist said Sunday. He was 53. Michael passed away at his home in Goring, England. According to a statement to Billboard magazine, manager Michael Lippman said he died of “heart […]

A problem has emerged for France’s anti-immigrant, anti-Euro presidential frontrunner, Marine Le Pen, and it has little to do with being behind in the polls ahead of the 2017 presidential elections, far from it. It has, however, everything to do with something far simpler: money, as the National Front leader is suddenly struggling to raise the €20 million ($21 million) she needs to fund the French presidential […]

By Anne Mireille Nzouankeu YAOUNDE (Thomson Reuters Foundation) – Sitting in a circle with several other young men in a charity’s offices in Cameroon’s capital, Fleur listens intently to the speaker talk about gay sex before slowly raising his hand. “Can we catch AIDS by swallowing sperm?” he asks, prompting laughter from his peers at the group discussion held by Alcondoms, an organisation promoting the rights and […]

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