May 11, 2015 nº 1,624 - Vol. 13
 

"Trying is the first step to failure"

Homer Simpson

Insider's view: see how local concerns shape up the global world. Read the daily press review in Migalhas International

_____________

Read Migalhas LatinoAmérica in Spanish every Tuesday and Thursday. Visit the website at www.migalhas.com/latinoamerica

_____________

Get Migalhas International on your mobile

You can now read the newsletter on your mobile device, through the migalhas.com/mobile website. The content of the main sections is the same as that found on the newsletter, but optimized for small-screen displays on mobile devices. Migalhas International Mobile, advancing legal news.

  • Top News

At Russia's huge WWII remembrance, an absence of western leaders

Victory Day, which commemorates the Soviet Union's defeat of Nazi Germany in World War II, is the biggest annual celebration in Russia. And Saturday's event, marking the 70th anniversary, will be among the largest ever held. The centerpiece was a giant military parade just outside the Kremlin walls in Red Square, where more than 16,000 troops will pass in review before President Vladimir Putin, VIPs and foreign leaders. But the reviewing stand had a lot fewer foreign dignitaries than it has had in the past. Most Western leaders, including President Obama, were absent, unwilling to take part because of Russia's seizure of Crimea last year and its support for separatists in eastern Ukraine.

Visit our new 'Magic Eye' page and boost your career

Migalhas International, with the support of executive search firms, brings the best career and professional development opportunities to its readers. We call this service the "Magic Eye". Click here to go to our special webpage and find your next lease on life.

_____________

100% Migalhas: www.migalhas.com

_____________

  • MiMIC Journal

China cuts interest rates to 5.1%

China's central bank has cut interest rates for the second time this year, amid a continuing economic slowdown. It lowered its benchmark rate by 25 basis points to 5.1%, the weakest in 24 years, saying the move was aimed at boosting development. The cut is the third in six months and will take effect from Monday. It follows other measures designed to spur growth in China, including tax cuts.

Chinese firm sends 6,400 employees on French holiday

A Chinese company has paid for 6,400 of its employees to go on a four-day holiday to France. The biggest tour group to visit the country was welcomed in the southern resort of Nice on Saturday. Tiens Group president Li Jinyuan booked up 140 hotels in Paris and more than 4,700 rooms in Cannes and Monaco for their trip. Their holiday included a private viewing of the Louvre museum and a mass visit to the Moulin Rouge cabaret show.

For Chinese tourists behaving badly, a government blacklist

The Chinese have earned a reputation as some of the world's rudest travelers. Now, the government has enacted new rules that include a list of the worst offenders. Not only are the Chinese bemoaning their rudeness at home and abroad, the government has responded with new rules that took effect this week, aimed at keeping loutish travelers in check. And in a major innovation, the government has named four tourists to a new blacklist, which could affect their credit ratings and freedom to travel for years.

_____________

Tell your friends and colleagues you’ve read it in Migalhas International

_____________

  • Brief News

Greece seeks "approval of progress"

Greek politicians are hopeful that Eurozone ministers will recognize its fiscal progress, paving the way for bailout funds to be released. Eurozone finance ministers are meeting in Brussels on Monday to continue negotiations on a deal to release a portion of billions of bailout funds. Greek ministers says they will honor a payment of €750m ($834m) to the IMF due on Tuesday. No breakthrough is expected at Monday's talks, with many issues unresolved.

Snowden calls ruling against NSA 'extraordinarily encouraging'

The whistleblower, speaking from Russia, said the importance of the ruling against the US surveillance program he helped uncover "can't be overstated."

Uber fund-raising points to $50 billion valuation

The new capital will not be used primarily for expansion purposes, unlike Uber's previous financing rounds — instead, the funding is strategic, with an eye on partnerships.

In UK, barriers rising against foreign deals

Foreign ownership of top UK companies could face tougher hurdles now that Britain's Conservative Party last week won an outright majority after five years in a coalition government. Warnings against foreign ownership were an unusual feature of the election that ended with Mr. Cameron's Conservative Party winning an outright majority after ruling for five years in a coalition government. In general, the UK's Conservative-led government has been supportive of foreign investment, but it began scrutinizing takeovers of British companies after US-based Kraft Foods Inc. acquired Cadbury PLC, in a £11.9 billion ($19.4 billion) deal in 2010. Following that, the UK's takeover panel, the body that regulates deal making, required bidding companies to provide more details on their intentions toward the target after the takeover, such as repercussions on jobs. Government ministers had no power to block deals on these grounds, but political opposition made life difficult for companies.

EU refugee quotas to be proposed

The European Commission will make the controversial proposal that EU member countries should take in refugees under an EU quota scheme. The UN estimates that 60,000 people have already tried to cross the Mediterranean this year. Migrants are being driven to make the journey by "horrific abuse" in Libya, according to Amnesty International. The European Commission's migration policy, to be announced on Wednesday, will also propose organizing legal means for migrants to come to Europe so they don't turn to traffickers. However, it will need to be agreed by EU states.

Colombia to ban coca herbicide

Colombia has announced it will stop using a controversial herbicide to destroy illegal plantations of coca, the raw ingredient for cocaine. The decision follows a warning by the World Health Organization (WHO) that glyphosate is "probably carcinogenic". The product has been used in US-sponsored crop-spraying anti-narcotics programs in South America. President Juan Manuel Santos has said Colombia will need to find other mechanisms to combat coca production.

European Court of Justice is sued over delays

Delays at the European Court of Justice (ECJ) have become so bad that the court is now being sued by some of those who have been kept waiting. The number of cases being lodged has risen dramatically and many of those include trademark disputes. A case at the general court, which upholds European Union (EU) rules, can now take nearly four years to be heard. Five companies have now registered claims for damages against the ECJ because of the delays in settling cases. They include businesses in the Netherlands and France found guilty and fined for running cartels. If successful, compensation payouts could total £20m.

Amazon details drone delivery plans

Details about how Amazon's proposed delivery drones may work have been published by the US Patent Office. According to the patent, the drones will be able to track the location of the person it is delivering to by pulling data from their smartphone. The unmanned vehicles will also be able to talk to each other about weather and traffic conditions. Amazon faces many regulatory hurdles before its plans can be turned into reality.

Visa and Visa Europe are said to consider reunification

The deal, which could be worth up to $20 billion, would rejoin Visa, the world's biggest payment network, with a subsidiary it spun off in 2007.

  • Weekly Magazine Review

Time
Why Modi matters

Newsweek
Smuggled from Syria to Glasgow by boat, plane and train: A refugee's story

Business Week
Iterate, iterate, iterate. A fashion designer’s quest to make the perfect wear-anywhere outfit

The Economist
Clever computers. The dawn of artificial intelligence

Der Spiegel
Die Chancenlüge

L'Espresso
Alla corte di Matteo

  • Daily Press Review

Saudi King Salman to skip Gulf nation summit in US
Al Jazeera, Doha, Qatar

Truck driver charged over 8 women's deaths in southern Israel
Haaretz, Liberal daily, Tel Aviv, Israel

PM to meet backbenchers amid reshuffle
BBC News, Centrist newscaster, London, England

Traffic stop led to fatal shooting of police duo
CNN International, London, England

Alessandra Ambrosio shows off her model body in a tiny white bikini as she gives a posing masterclass on Greek beach
Daily Mail, Conservative daily, London, England

Wife watched in horror as her husband was savaged to death by a bull shark while on a sailing trip in New Caledonia†
Daily Mail, Conservative daily, London, England

22 killed in Macedonia gun battle
EuroNews, International news, Ecully Cedex, France

Hollande honours the lives of slaves at Caribbean museum
France 24, Issy-les-Moulineaux, France

Leyla Gencer Voice Competition seeks young talents
Hurriyet Daily News, (Liberal, English-language), Istanbul, Turkey

Trial over protester's death shows Egypt revolution's open wounds
Independent The, London, England

The ten most expensive paintings in history
Telegraph The, Conservative daily, London, England

Whose Line Is It Anyway? returns for first official UK show in 15 years
Telegraph The, Celebrity news, London, England

Taiwan seen as magnet for FDI leaving China: BBVA
China Post, English-language daily, Taipei, Taiwan

N.Korea's New Missile Is a Nightmare Come True
Chosun Ilbo, Conservative daily, Seoul, South Korea

Michelle Obama recounts tough journey of a black woman
Hindustan Times, New Delhi, India

Commuters stranded as DTC drivers go on strike
India Times, Conservative daily, New Delhi, India

Chinese paper slams Japan for lack of WWII contrition
Japan Times, Independent centrist, Tokyo, Japan

Haiti fixes adoption system, but some fear too few adopted
New Zealand Herald, Conservative daily, Auckland, New Zealand

Ukraine President cancels trip over protests in eastern Ukraine
Straits Times, Pro-government, Singapore

Beat the post holiday blues
Sydney Morning Herald, Centrist daily, Sydney, Australia

Fresh avalanches force workers to call off search in Nepal
Taiwan News, English-language daily, Taipei, Taiwan

Moroccan F-16 jet from Saudi-led coalition in Yemen goes missing
The Economic Times, Business, Mumbai, India

U.S. soldier partially blinded during firefight rips Omar Khadr's release
Canadian Broadcasting Centre, Toronto, Ontario

EU asks UN to back operations against human trafficking rings from Libya
Globe and Mail The, Centrist daily, Toronto, Canada

Liberty Reserve Brought Down By 'Joe Bogus': How The Feds Arrested Arthur Budovsky
International Business Times, Business news organization, New York, U.S

Caribbean Looks to Paris Climate Summit for Its Very Survival
IPS Latin America, International cooperative of journalists, Rome, Italy

Asia shares rise as China steps up support for economy
Reuters, Business News, New York, U.S

Exclusive - Widow of slain U.S.-Bangladeshi blogger lashes out at Dhaka
Reuters, World News, New York, U.S

Ontario employers cashing in on temporary workers
Toronto Star, Toronto, Ontario

SA opposition elects black leader
BBC News, Centrist newscaster, London, England

-----

How are we doing?

We would like to hear from you how we perform. What you like and what we should change or add… Send us an email; we aim to please!

Tell your friends and associates…

to subscribe to Migalhas International! www.migalhas.com

Express yourself

Want to share your opinion, your experience, your questions? You are welcome to do so. This forum is yours. Please contact the editor: michael@migalhas.com

Events

We welcome information about your events or conferences to come. Please contact the editor.

Sponsors

Become a sponsor. Spread your name in the business and legal spheres around the world in Migalhas International.

Subscription

To subscribe:  Register your name and your address at http://www.migalhas.com

To unsubscribe:  Send your name and e-mail address to in the subject line.  We will remove your name soonest.

Address changes:  If you want to continue to receive Migalhas International, please make sure we have your current e-mail address.

Contact

Michael Ghilissen, editor: michael@migalhas.com

Miguel Matos, publisher: miguel@migalhas.com.br

Please feel free to send your comments, questions and suggestions to the editor.

Your comments

We always welcome information, articles, testimonials, opinions and comments about something you've read in Migalhas International. Please forward your contributions to the editor.

Confidentiality

When you add your name to Migalhas International, you can be sure that it's confidential. We do not share, trade, rent or sell this list.  Our "privacy policy" contains no fine print.  No one gets our list.  Period.  Your e-mail address is safe with us.

Sharing Migalhas International

If you'd like to share this Migalhas International with friends and colleagues, feel free to forward this issue including the copyright notice.  Or, invite them to subscribe so they receive their own Migalhas International every week. 

Sources

The content of the Migalhas International newsletter is edited for purposes of news reporting, comments and education from several sources, including: The New York Times, The Wall Street Journal, The Boston Globe, The London Times, Le Monde, Frankfurter Allgemeine, The Financial Times, Radio Netherlands Worldwide, Google News, International Herald Tribune, Paper Chase (jurist.law.pitt.edu), The World Press Review: http://www.worldpress.org, Forbes, Fortune, Time, Newsweek, Harvard Business Review, American Bar Association, American Lawyer Media, FindLaw.com, The National Law Journal, Reuters, Associated Press, Internet Business Law Services, Folha de S. Paulo, O Estado do S. Paulo, Lexis Nexis, West Law, CNN, The Globe and Mail, The Los Angeles Times, Wikipedia and more.

Fair use notice

This newsletter contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of legal, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material in this newsletter is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. 

The messages that appear in this newsletter are for informational purposes only. They are not intended to be and should not be considered legal advice nor substitute for obtaining legal advice from competent, independent, legal counsel in the relevant jurisdiction.

Transmission of this information is not intended to create, and receipt does not constitute, an attorney-client relationship. The information contained on this list may or may not reflect the most current legal developments.

www.migalhas.com

Copyright 2012 - Migalhas International