"Mexican authorities say they intend to keep drug kingpin Joaquin Guzman in the country’s highest-security prison rather than extraditing him to the United States. But his incarceration isn’t likely …
U.N. authorizes sanctions regime for Yemen, leaves blacklist blank
"The U.N. Security Council on Wednesday authorized sanctions against anyone in Yemen who obstructs the country's political transition or commits human rights violations but stopped short of …
Continue Reading about U.N. authorizes sanctions regime for Yemen, leaves blacklist blank
Ukraine needs $35 billion in aid to avert default, interim leaders say
"Ukraine’s interim leaders said Monday that the country will need $35 billion in foreign aid over the next two years to avert default and called for an international donors’ conference to craft a …
Continue Reading about Ukraine needs $35 billion in aid to avert default, interim leaders say
DoD 5-Year Spending Plan $115 Billion Over Budget Caps, Ignores Sequestration
"The US Defense Department on March 4 will propose a five-year plan that boosts Pentagon spending by a total of $115 billion over sequestration spending caps, according to multiple sources who have …
Continue Reading about DoD 5-Year Spending Plan $115 Billion Over Budget Caps, Ignores Sequestration
Steve Case on 10 Lessons We Can Learn From WhatsApp
"While Facebook surely saw value in owning WhatsApp and managing a broader portfolio of digital businesses, I suspect this was more of a defensive move. They decided to trade 10% of their market cap …
Continue Reading about Steve Case on 10 Lessons We Can Learn From WhatsApp
Nigeria central bank head Lamido Sanusi ousted
"Nigeria's central bank governor Lamido Sanusi has been suspended by the president for 'financial recklessness and misconduct'. Mr Sanusi caused shockwaves in Nigeria when he alleged that $20bn …
Continue Reading about Nigeria central bank head Lamido Sanusi ousted
Brazil Scrambles to Ready 2016 Olympics
"With little more than two years remaining before Rio de Janeiro is set to host the Summer Games, the 15 projects comprising Rio's Deodoro Sports Complex—where events including canoe slalom, fencing, …
Continue Reading about Brazil Scrambles to Ready 2016 Olympics
EU eases Zimbabwe sanctions, keeps them on Mugabe
"The European Union suspended sanctions on eight of Zimbabwe's most powerful military and political figures on Monday, but kept them on President Robert Mugabe and his wife, in a cautious easing of …
Continue Reading about EU eases Zimbabwe sanctions, keeps them on Mugabe
Former Barclays employees named in Libor criminal case
"The Serious Fraud Office (SFO) has charged three former Barclays employees in connection with its investigation into the manipulation of Libor."… The Libor rate is used to set trillions of dollars of …
Continue Reading about Former Barclays employees named in Libor criminal case
Japan’s quarterly growth disappoints ahead of sales tax hike
"Japan's economy grew less than expected at the end of last year, countering forecasts it would see higher spending ahead of a sales tax increase in April. Gross domestic product rose by 1% on an …
Continue Reading about Japan’s quarterly growth disappoints ahead of sales tax hike