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News & Updates

July 21, 2016 French Government Pushes Divisive Labor Law Through Parliament

Source: NY Times

PARIS — France’s government pushed through Parliament a controversial overhaul of the country’s labor law on Wednesday, the last step of a lengthy legislative process that has split President François Hollande’s Socialist Party...

July 21, 2016 U.S., Enbridge reach $177 million pipeline spill settlement

Source: Reuters

Canadian pipeline operator Enbridge Inc (ENB.TO) has agreed to pay $177 million in penalties and improved safety measures in a settlement with the U.S. government tied to one of the largest inland oil spills in U.S. history.

July 21, 2016 Angela Merkel backs Theresa May's plan not to trigger Brexit this year

Source: The Guardian

The German chancellor, Angela Merkel, has backed Theresa May’s decision to wait until next year before starting the formal process of leaving the EU, despite pressure from others in Europe for a speedier exit.

July 21, 2016 HSBC Currency Traders Got Greedy on Christmas

Source: Bloomberg

Federal agents surprised an HSBC Holdings Plc executive as he prepared to fly out of New York’s Kennedy airport around 7:30 p.m. Tuesday, arresting him for an alleged front-running scheme involving a $3.5 billion currency...

July 21, 2016 In Arab World, Water Scarcity Crisis Looms Too Quietly

Source: NonProfit Quarterly

The Arab world comprises the 22 countries and territories of the Arab League. It possesses some of the world’s greatest oil reserves, but it’s running out of water. This crisis might lead to more political convulsions and war, or...

July 20, 2016 Water Crisis: Conflict ... or Resolution?

Source: UNLV

The Colorado River resource, how to use it, share it, and protect it, Sternlight and Mulroy agree, is a critically important environmental and natural resource issue for the West, the United States, Mexico, and, by extension, a...

July 20, 2016 GMO Labels: Win, Lose or Draw?

Source: Food Safety Magazine

A large number of Americans claim to want genetically modified organism (GMO) labeling on the food they buy. In the face of Congress’ years-long inability to put together any type of GMO legislation, states began taking matters...

July 20, 2016 No **** Sherlock: Renewable Energy is a Disaster, New York Times Reveals

Source: Breitbart

Germany, Europe’s champion for renewable energy, seems to be having second thoughts about its ambitious push to ramp up its use of renewable fuels for power generation.

July 20, 2016 U.S. Seeks to Seize $1 Billion Assets Tied to 1MDB, NYT Says

Source: Bloomberg

U.S. federal prosecutors plan to seek permission as early as Wednesday to seize more than $1 billion in assets purchased with money allegedly misappropriated from a Malaysian state investment company, the New York Times reported.

July 19, 2016 Fiat Chrysler Auto Sales Probed by Justice Department, SEC

Source: Bloomberg

Fiat Chrysler Automobiles NV is under investigation by U.S. authorities over how it reports sales, the company said.

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