May 10, 2010  Nº 904 -  Vol. 8

"Trying is the first step to failure"

Homer Simpson

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  • Top News

EU Crafts $962 billion show of force to halt Euro crisis

European policy makers unveiled an unprecedented loan package worth almost $1 trillion and a program of bond purchases as they spearheaded a global drive to stop a sovereign-debt crisis that threatened to shatter confidence in the euro. The European Central Bank will counter "severe tensions" in "certain" markets by purchasing government and private debt. This should be more than sufficient to stabilize markets in the near term, prevent panic and contain the risk of contagion. The package was much higher than expected, and represented an audacious step for a bloc that had been criticized for acting tentatively, and without unity, in the face of a mounting crisis. Clearly this call for closer monitoring of government finances and more rigorous enforcement of the deficit-limitation rules. The vow to push budget shortfalls below the euro's 3 percent limit echoes promises that have been regularly broken ever since governments in 1999 set a three-year deadline for achieving balanced budgets.

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China clears murderer after 'victim' shows up alive

A Chinese man who spent almost 10 years in jail for murder has been freed after his supposed victim was found alive. Zhao's conviction for murder was reportedly based mainly on a confession. His brother said police had forced him to drink chilli-tainted water and set off fireworks above his head to extract one. Correspondents say convictions in the Chinese court system are strongly dependent on confessions, motivating police to use force to get one. Henan Provincial Higher People's Court has ordered an investigation into the case and the original judges will be punished.

China disbars two human rights lawyers 

Two Chinese human rights lawyers who have represented Falun Gong defendants were permanently disbarred Friday after being accused of disrupting courtrooms. In a Beijing Municipal Judicial Bureau hearing last month, Liu Wei and Tang Jitian were accused of breaking laws by disputing court rulings as they defended a Falun Gong practitioner in Luzhou. The group Human Rights In China (HRIC) reports that the lawyers participated in filing a complaint with the Beijing Public Security Bureau alleging that the Beijing Municipal Bureau of Justice and the Beijing Lawyers Association were effectively blackmailing lawyers by charging high fees for annual registration. Li Subin, the lawyer in charge of the complaint, suggested that the lawyers' disbarment is a result of their role in filing the complaint. An HRIC spokesperson criticized the decision to disbar Tang and Liu: "In revoking Tang's and Liu's licenses because they withdrew from a show trial in which the judge had made it impossible for them to do their work, the Beijing Bureau of Justice has made a mockery of justice and the rule of law.’ Both lawyers said they planned to appeal the decision vigorously.


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  • Brief News

Obama 'to nominate Elena Kagan for Supreme Court'

Obama will nominate Solicitor-General Elena Kagan to the Supreme Court. If confirmed, she would be the youngest member and the third woman on the court as well as the first justice in nearly four decades not to have been a judge. The 50-year-old former dean of Harvard Law School has spent much of her professional life in academia. Her staunch advocacy of gay rights may concern Republicans, who have also expressed concerns about her lack of judicial experience. She would also be questioned as to whether she was qualified. Kagan's academic writings are largely non-ideological, and she would have no paper trail of judicial opinions available for scrutiny.

EU official backs Bolivia nationalization

A senior European Union official has said Bolivia has the right to nationalize companies as long as they are offered "fair compensation". Kenneth Bell, the head of the EU delegation to Bolivia, said nationalization was a sovereign right of the Bolivian government.

Levin aims to ban bets against customers

Lawmakers are considering legislation that would ban investment banks from betting against their customers.

Turkish parliament approves constitutional reforms 

The Turkish Grand National Assembly on Friday approved a series of constitutional amendments which had been proposed by the ruling Justice and Development Party (AKP). Changes in the reform package include an overhaul of the Constitutional Court, changes to the Supreme Board of Judges and Prosecutors (HSYK), and new limitations on the power of military courts. Proponents of the reforms insist they are necessary in order for Turkey to meet the democratic and human rights standards required for admission to the European Union (EU). Opponents, however, contend the reforms are meant to consolidate power and to bring the traditionally secular judiciary and military under control of the government. The reform package received enough votes to send it to a nationwide referendum but failed to garner the two-thirds majority support needed to enact the law immediately. Opposition parties have indicated they will attempt to block the referendum through an appeal to the Constitutional Court, but they must obtain the signatures of 110 supporters in parliament before the appeal can proceed. If the referendum proceeds, it is expected to occur before the end of July.

Wall Street share plunge to be investigated by SEC

The US financial watchdog has said it will look into stock market activity which led to the Dow Jones share index plummeting 9% at one point on Thursday. The Securities and Exchange Commission said it would "review the unusual trading activity" and "take appropriate steps to protect investors". Industry and government officials are trying to figure out what caused the 16 minutes of chaos Thursday that left the Dow industrials down almost 1,000 points. There are rumors the drop may have been caused by an erroneous "fat finger" trade at a Wall Street bank. The term refers to when a trader enters data incorrectly.

Terrorism in the U.S. takes on A U.K. pattern

The car bombing attempt in Times Square has been a wake-up call for counterterrorism officials. For years, the U.S. seemed largely immune to homegrown terrorism, but experts think the recent attack is more proof that has changed.

Kenya AG publishes draft constitution 

Kenyan Attorney General Amos Wako on Thursday published the country's draft constitution, which proposes more balance of power in the government. President Mwai Kibaki, Prime Minister Raila Odinga, and Vice President Kalonzo Musyoka have all supported the proposed constitution and have urged citizens to approve it in a public referendum to be held within 90 days. Despite the government leaders' widespread calls for cooperation and support, the proposed constitution still faces criticism, particularly from Kenyan religious figures who oppose the draft's position on abortion, marriage, and divorce. The president's Cabinet members have encouraged the religious leaders to support the draft constitution and then pursue their goals through the political process after the constitution is ratified.

Virtual Law Offices—game changer or business as usual?

The modern law practice is evolving. Technology continues to erase physical borders as innovative lawyers seek out new ways to serve their clients with increased flexibility, greater access and lower cost structures. For many, the practice of the future involves virtual law offices, which allow lawyers to offer a traditional suite of services without being tethered to what they see as costly and, for the most part, unnecessary office space. But for every lawyer who claims that virtual law offices are the way of the future, there are those who remain unconvinced that traditional brick-and-mortar structured office suites should become optional. But should they? Are virtual law offices really changing the law practice landscape? Or are VLOs business as usual?

  • Weekly Magazine Review


The big spill. The Meaning of the Mess.  A blown oil well in the Gulf of Mexico creates an environmental catastrophe--but the accident could at last provide the impetus to craft an energy policy that is smart, pragmatic and green.


53 Hours in the Life of a Near Disaster.

Business Week

Worth it? Lessons of the Spill. Poised for dramatic expansion, high-tech offshore drilling was considered ultrasafe. Then came BP's Deepwater Horizon disaster. What the company—and the industry—must do to bounce back.

The Economist

Deep trouble. America's distorted energy markets, not just its coastline, need cleaning up.

Le Nouvel Obrservateur

Le vrai régime anti-cancer. Quel lien entre notre alimentation et la recrudescence des cancers ? Quels aliments sont à incriminer ? Lesquels peuvent nous protéger, voire réparer les cellules abîmées ?

Der Spiegel

Die Schuldenfalle - Wie viel Griechenland können wir uns noch leisten?

  • Daily Press Review

EU agrees $960bn 'stability' deal
Al Jazeera, Doha, Qatar

Iran's Nuclear Dinner Invitation Did Not Produce Concrete Results- Diplomatic Sources
Asharq Al-Awsat, Pan-Arab daily, London, England

School inspection results published by KHDA
Gulf News, Independent daily, Dubai, United Arab Emirates

EU unleashes $1 trillion rescue package for embattled euro
Haaretz, Liberal daily, Tel Aviv, Israel

MIDEAST: West Bankers Made Refugees in Their Own Country
IPS Middle East, International cooperative of journalists, Rome, Italy

'No R. Shlomo building for 2 yrs'
JPost, Conservative, Jerusalem, Israel

Abu Dhabi pavilion at Cannes Film Festival
Khaleej Times, English-language daily, Dubai, United Arab Emirates

Etisalat cuts landline rates in UAE
Middle East North African Network, Online financial portal, Amman, Jordan

Man Kills Eight in China Stabbing Rampage
Nahamet, Online news portal, Beirut, Lebanon

Panel formed on Lebanon poll law
Saudi Gazette, English-language daily, Riyadh, Saudi Arabia

Israeli official denies settlement halt as Mideast ?proximity talks? begin
The Daily Star, Independent daily, Beirut, Lebanon

Turkish forces, aircraft hit Kurd rebels in Iraq
Times of Oman, English-language daily, Muscat, Oman

Qat replaced with beneficial plants
Yemen Observer, Sana'a, Republic of Yemen

At a cost of USD 1.6 million the wireless system CDMA established in Hadramout and Shabwa
Yemen Times, (Independent weekly), Sana'a, Republic of Yemen

More Tory and Lib Dem talks due
BBC News, Centrist newscaster, London, England

'Sex and the City' star shows thrifty side, Online news portal, Cork, Ireland

David Cameron to be Prime Minister in days
Daily Express, Conservative tabloid, London, England

Squeeze from a baby's finger that said 'I will survive'
Daily Mail, Conservative daily, London, England

Global smartphone shipments grow 56.7% to 54.7 mln in Q1
DMeurope, Online news portal, Amsterdam, Netherlands

EUROZONE: EU agrees 500 billion-euro fund for crisis-hit eurozone members
France 24, Issy-les-Moulineaux, France

Turkish Press Scan for May 10
Hurriyet Daily News, (Liberal, English-language), Istanbul, Turkey

Fergie Pays Tribute To Fashion Legend Alexander McQueen
Look Magazine, London, England

Carlisle M6 fatality named
News & Star, Independent daily, Carlisle, England

NATO Soldier Killed In Afghanistan
Radio Free Europe, Prague, Czech Republic

Britain On Hold: Power Pact Talks Continue
Sky News, Independent newscaster, Middlesex, England

Picture This: Heaven and Hell
Spiegel International, Liberal newsmagazine, Hamburg, Germany

Deadline day for Lib Dem- Conservative deal
The Guardian, Liberal daily, London, England

Three charged with branding man with swastika
The Independent, London, England

Westwood misses out as Clark wins
The Irish Times, Centrist daily, Dublin, Ireland

A 65-Year Wait for an Apartment and TV
The Moscow Times, Independent daily, Moscow, Russia

Brown Monday
The Sun, London, England

Elizabeth Taylor admits she is 'falling apart' to Julie Andrews
The Telegraph, London, England

Iceland volcano: latest travel news
The Telegraph, Conservative daily, London, England

Violence mars start of Philippines elections
Times Online, Conservative daily, London, England

Banda Aceh returns to normal after quake
Antara News, News agency, Jakarta, Indonesia

EU sets massive defense package for embattled euro
China Post, English-language daily, Taipei, Taiwan

10th Seoul International Financial Forum Kicks Off
Chosun Ilbo, Conservative daily, Seoul, South Korea

Arrest in security scare at Karachi airport
Dawn, English-language daily, Karachi, Pakistan

Almaty akim presented state awards to veterans of Great Patriotic War, Official online newspaper, Kazakhstan

US oil spill drifts west; BP mulls options
Hindustan Times, New Delhi, India

SC allows Reddy brothers to resume mining in Bellary
India Express, News portal, Mumbai, India

Teixeira belts three homers
Japan Times, Independent centrist, Tokyo, Japan

MACC officers leave Manickavasagam's office empty-handed
Malaysian Star, Online news portal,  Selangor Darul Ehsan, Malaysia

Man killed by train in Sydney
New Zealand Herald, Conservative daily, Auckland, New Zealand

Commander surrenders
Pajhwok Afghan News, (Independent news agency), Kabul, Afghanistan

Blast injures 4 voters at 1 precinct in Philippines
People's Daily Online, English-language, Beijing, China

Filipinos vote amid violence, computer glitches
Sify News, Chennai, India

Mystery of the starving yogi
Sydney Morning Herald, Centrist daily, Sydney, Australia

India minister says chance of global climate deal 'remote'
Taiwan News, English-language daily, Taipei, Taiwan

Ma sees cross-strait political talks as 'premature'
Taiwan Today, Government Information Office, Taipei, Taiwan

LiLo's new song ‘Can't Stop, Won't Stop' leaked online
Thaindian News, Bangkok, Thailand

Maoist attack repulsed in Orissa
The Hindu, Left-leaning daily, Chennai, India

Euro aid plan approved by EU
Canadian Broadcasting Centre, Toronto, Ontario

Search on for overboard cruise ship worker
Caribbean360, Online news portal, St. Michael, Barbados

Police warn against harbouring
Cayman Net News, Online news portal, George Town, Cayman Islands

Dominican police dismantle another pornography ring
Dominican Today, Independent daily, Santo Domingo, Dominican Republic

ECUADOR: Saving the Condor - A Mission Possible
IPS Latin America, International cooperative of journalists, Rome, Italy

A teacher's rage - 14-y-o cursed, choked by educator
Jamaica Gleaner, Independent daily, Kingston, Jamaica

Peru: Limean restaurants expected to exceed sales by 50 percent on Mother's Day
Living in Peru, News portal, Lima, Peru

Our guest digital editor
The Globe and Mail, Centrist daily, Toronto, Canada

Residents unaware of roof blaze
Toronto Star, Toronto, Ontario

Sharma, Primus meet in Fyzabad
Trinidad Guardian, Independent daily, Port-of-Spain, Trinidad

Prosecutor seeks justice in Kenya
BBC News, Centrist newscaster, London, England

TP Mazembe reach Champions League group phase, Independent online news aggregator

In effectiveness of Judiciary, cause of conflicts in the North- Saddique
GhanaWeb, Online news portal, Amsterdam, Netherlands

Taliban behind NY attack
iafrica, Online news portal, Cape Town, South Africa

'I saw people falling to the road below'
Independent Online, News portal, Cape Town, South Africa

Medrek accused of murder by OPDO
Jimma Times, Online news portal, Jimma, Ethiopia

Webber hands Red Bull commanding Spanish GP win
Mail & Guardian Online, Liberal, Johannesburg, South Africa

Union dispute halts BRT buses, Online news portal, Cape Town, South Africa

AC charges Jonathan to make impact on Nigerians
Vanguard, Independent daily, Lagos, Nigeria

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