The Federal Communications Commission (FCC) announced comprehensive changes on Thursday to its national communications subsidy program to make high-speed internet access available in rural areas . The Connect America Fund will have an annual budget of USD $4.5 billion, and the FCC estimates that the program will create more than 500,000 jobs while providing high-speed [...]

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A judge for the US District Court for the Southern District of New York on Friday ordered the US Securities and Exchange Commission (SEC) and Citigroup to defend their recent settlement agreement . The agreement concluded the dispute that charged Citigroup with having misled its investors about a $1 billion loan that defaulted. The result [...]

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The corruption trial of former Croatian prime minister Ivo Sanader was postponed Friday for health reasons. Sanader has suffered from coronary problems and is expected to undergo a medical examination in preparation for trial now scheduled to start next week. Sanader, who was elected to parliament after he stepped down from the prime minister position [...]

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Ukrainian authorities should review the conviction of former prime minister Yulia Tymoshenko , says a resolution passed Thursday by the European Parliament that called her imprisonment “a violation of human rights and an abuse of the judiciary designed to silence Ukraine’s leading opposition politician.” Failing to do so, they say, calls the Ukrainian government’s commitment [...]

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