US President Barack Obama proposed a broad series of financial regulatory reforms Wednesday intended to reestablish stability and confidence in the US financial system. The plan calls for the expansion of Federal Reserve regulatory powers to cover both bank and non-bank financial institutions, for the Reserve to oversee payment, clearance, and settlement systems of financial [...]

READ MORE

A US House of Representatives subcommittee questioned why a group of Chinese Muslims known as Uighurs is classified as a terrorist organization during a hearing Tuesday. The House Committee on Foreign Affairs Subcommittee on International Organizations, Human Rights and Oversight heard testimony on why the East Turkestan Islamic Movement (ETIM) militant group, which has been [...]

READ MORE

Chinese authorities reaffirmed Tuesday that computer users will not be required to use controversial filtering software, according to media reports. An official from the Ministry of Industry and Information Technology (MIIT) echoed earlier statements made by state media that, while the "Green Dam" filtering software must be packaged with new computers, users will not be [...]

READ MORE

US anti-terrorism laws are hindering Muslim charities and violating the constitutional rights of practicing Muslims, according to a report released Tuesday by the American Civil Liberties Union (ACLU) . Entitled "Blocking Faith, Freezing Charity," the report alleges that current US laws and policies affect Muslims' right to practice their religion through charitable giving, violating constitutional [...]

READ MORE

Iraqi Interior Minister Jawad al-Bolani said Tuesday that more than 40 police officers face charges following an investigation that revealed abuses in the country's prisons and criminal justice system. Among the alleged abuses, police are believed to have arrested individuals without warrants . Additional allegations, including torture and bribery, were leveled by Ali al-Miyali, an [...]

READ MORE

JURIST Guest Columnist Michael Macchiarola, an adjunct professor at CUNY Law School and Seton Hall University School of Law, says that the Securities and Exchange Commission's recent complaint against Countrywide Financial offers several lessons for those who would repair our ailing financial services industry… The recent SEC complaint alleging that three former Countrywide Financial executives [...]

READ MORE