The US Securities and Exchange Commission (SEC) on Monday made permanent a temporary ban on the so-called 'naked' short selling of stocks. In a normal short sale, a trader borrows and sells a stock, promising to buy it back at a certain price in the future, but in a "naked" short sale, the trader doesn't [...]
Yemeni officials called on their parliament Monday to strengthen security and gun-control laws in an effort to end unrest and kidnappings and to improve the country's economy. Citing concerns with national unity, tourism and economic strains, Deputy Prime Minister Rshad al-Alimi urged the parliament to criminalize unlicensed weapons and the public bearing of arms as [...]
Ranking Republican on the US Senate Judiciary Committee Jeff Sessions (R-AL) opposed the confirmation of Supreme Court nominee Sonia Sotomayor on Monday, maintaining that she lacks "deep-rooted convictions" needed to resist judicial activism. Although Sessions conceded that Sotomayor will likely be confirmed, he wrote that liberals "might find it a Pyrrhic victory." Referring to statements [...]
Jernej Letnar ÄŒerniÄ : "The rights and obligations of Internet users have been hotly debated in recent months in a number of European countries. Particularly, challenges arising from illegal file sharing and downloading have caused for a great concern among internet users, politicians and the entertainment industry. Several European countries have so far taken action [...]
Myanmar prosecutors on Monday delivered final arguments in the trial against opposition pro-democracy advocate Aung San Suu Kyi , after being granted additional time to prepare. The Nobel Laureate and National League of Democracy (NLD) leader faces charges of violating her house arrest for allowing an American to stay after he swam across a lake [...]
A special Indian terrorism court on Monday found Ashrat Ansari, Hanif Sayed Anees, and Fehmida Sayed guilty of planning and carrying out a 2003 bomb attack in Mumbai that killed 52 people. They were convicted of conspiracy, murder, and attempt to murder under the country's 2002 Prevention of Terrorism Act and other laws, and are [...]
Russian police on Monday released suspected organized crime leader Semyon Mogilevich after a court found that prosecutors lacked sufficient evidence to continue holding him. Mogilevich and another man, Vladimir Nekrasov, were arrested in January 2008. The court ordered their release , citing the length of time that they had already been detained and the relatively [...]
Microsoft announced on Friday that it will offer European consumers an option to select from a list of several Web browsers "in an effort to address competition law issues related to Internet Explorer and interoperability." The European Commission (EC) welcomed Microsoft's "ballot screen" proposal, adding that it "will now investigate its practical effectiveness in terms [...]
Protesters in more than 100 cities gathered Saturday to show opposition to the alleged Iranian human and civil rights violations which followed the nation's controversial presidential election . The Global Day of Action was organized by United for Iran, a coalition made up of Amnesty International, Human Rights Watch, and Nobel Women's Initiative and sought: [...]
Crimes committed by US soldiers after returning from Iraq were caused by a lack of discipline combined with combat stress and substance abuse, according to a Colorado Springs Gazette report released Friday. Ten infantry soldiers from a Fort Carson, Colorado military unit have been accused of murder, attempted murder, or manslaughter in the US since [...]
