Intellectual property theft is supposedly costing the United States more than US$300 billion each year. A study in the US has shown this is equivalent to all US exports to Asia. The 11-month study by a Congressional Commission found that software and other product theft was on an unprecedented scale. Commission co-chair Jon Huntsman, the former US ambassador to China, told reporters the ...
The Vatican Bank has been the subject of a 10 page report from its newly formed financial watchdog agency. The report has revealed that there were some attempts last year to use the bank to launder money. In 2012 there were six suspicious transaction reports, two of which were passed on to Vatican prosecutors for investigation. Autorita Informazione Finanziaria, the watchdog, was ...
The Venezuelan government has vowed to end a toilet paper shortage in the country. With the commodity in high demand, Venezuela's National Assembly has said it will agree to the importation of 39 million rolls of toilet paper. Toothpaste and soap are also on the Venezuelan shopping list following a chronic shortage brought on by currency controls, which have restricted the landing of ...
Forbes has listed the world's most powerful woman for 2013 as Angela Merkel. She has become Forbes' number one for the 8th time. This year the list featured 8 heads of state, including the German Chancellor. Other women listed were two new billionaires to the list, women's clothing designer Tory Burch and Spanx's Sara Blakely, who both own their own companies. They were two of 24 ...
WASHINGTON - Rupert Murdoch's News Corporation Friday announced the planned separation of the $76-billion conglomerate into two distinct publicly traded companies, with one to be renamed 21st Century Fox and the publishing firm to retain the News Corp brand. The split has been formally approved by the Board of Directors. The Company announced appointments to the Boards of Directors of both ...
96°F Scattered Clouds
Star Trek II: The Wrath of Khan [Blu-Ray]
Star Trek II: The Wrath of Khan is the best of the Star Trek film series, a gloriously operatic revenge tale full of sound and fury, violence and vengeance, humor and empathy. It followed three years after Robert Wises elegant, but somewhat tedious Star Trek: The Mot ... ...
BEIJING - Chinese regulators Friday announced that they have signed a memorandum of understanding with their US counterparts giving American authorities increased access to documents from Chinese audit firms. The signing of the MOU between China Securities Regulatory Commission (CSRC), the Ministry of Finance (MOF) and the US Public Company Accounting Oversight Board (PCAOB) is a significant ...
ZAGREB/LONDON - Croatia, soon to become the 28th member of the European Union,- is looking to undiscovered oil and gas fields in the Adriatic Sea to revive its ailing economy, according to the country's president. Ivo Josipovic told CNN that Croatia is searching for partners in the energy sector to help reveal oil and gas "green fields" in the waters that separate the Balkan nations and ...
WASHINGTON - Amazon, the largest online retailer of books, movies, music and games, Friday offered its Kindle e-book platform to fan fiction authors to sell some of their work. Fan fiction is literature inspired by popular books, shows, movies, comics, music, and games. Publication outside of blogs and online fanzines is often difficult because of copyright issues. Amazon Publishing has ...
BEIJING - China is planning to steadily push forward market-oriented reform in its interest rates and exchange rates mechanisms this year as part of the financial sector reforms to better serve the real economy, a central bank report said on Friday. The "China Financial Stability Report (2013) released by the People's Bank of China stressed that it would be steadily promoting the interest ...
LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...
They said it
We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.
The U.S. president was speaking on his administration's counter terrorism policy.
I caught a cab from the Belfast International Airport, and within about 10 or 15 minutes was at the Hilton ...Keep reading
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The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?
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A US court in Maricopa County, Arizona has found that high-profile sheriff Joe Arpaio violated the constitutional rights of Latino men and women in his attempt to stop illegal immigration.
Judge Murray Snow ruled that Arpaio's office would have to stop using race or Latino ancestry as a factor in stopping vehicles carrying Latino occupants.
Arpaio had been sued by several Hispanic drivers who said his deputies stopped them because of their race.
Judge Snow said evidence had demonstrated that the sheriff's office had "specifically equated being a Hispanic or Mexican, as opposed to Caucasian or African-American day labourer, with being an unauthorised alien."
He ordered Arpaio and his office to end such activities, which included the detaining of Latino occupants of vehicles "for a period longer than reasonably necessary."
Arpaio, the self-styled "toughest sheriff in the US" had denied the allegations.
Lawyers for Arpaio have said he will appeal the decision.
Meanwhile, the American Civil Liberties Union has hailed the ruling, calling it "an important victory that will resound far beyond Maricopa County."
Many of Arizona's residents are illegal immigrants from Mexico, with which Arizona shares a border.
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