Mainstream News

Rights groups challenge widespread Internet spying in France

"Lawyers said the International Federation of Human Rights (FIDH) and the Human Rights League would file the ‘complaint against X’ in Paris. Under French law, such complaints allow investigators to pursue a wide-ranging probe that does not target any particular individual or company. Daoud told France Info radio the complaint was aimed at determining whether 'the companies made their servers available to the FBI and NSA' for collection of personal data. If so, he said, the companies could face criminal charges in France of violating data protection and privacy rules." Continue reading →

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U.S. to deliver F-16 fighters to Egypt despite recent upheaval

"The United States is pressing ahead with plans to deliver four F-16 fighters to Egypt despite a military coup against President Mohammed Morsi. 'It’s still the status quo,' the official, who spoke on condition of anonymity, told AFP. There was no decision to halt the scheduled transfer of the warplanes or to cut off other security assistance to Egypt, the official said, even though the US government has announced a review of all aid to Cairo. The State Department said previously planned assistance would continue to flow to Egypt. 'We’re still paying our bills, of course, and all of the programs are still moving forward,' spokeswoman Jen Psaki told reporters." Continue reading →

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Beauty Offshore: A Caribbean Passport For A Chinese Restaurateur

"When Zhang Lan decided last year to file for an IPO in Hong Kong for her restaurant group South Beauty, she reorganized her holdings under an entity in the Cayman Islands. However, she didn’t just move her company offshore. She did the same to herself, applying for fast-track citizenship in the Caribbean state of St. Kitts & Nevis (pop. 50,000) under an investment scheme. Three months later a passport was delivered to her office in Beijing. In June 2012 Zhang filed for a share offering in Hong Kong as the foreign principal of South Beauty Investment Co. Ltd., a Cayman-registered company that earns its revenues in mainland China." Continue reading →

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Why marijuana taxes are such a burning question

"In November, Colorado voters will decide on a proposed 15% excise tax, plus a 10% state sales tax, on all retail cannabis sales. In addition, Denver might levy its own 5% tax on pot sales made within the city. City officials say that 5% tax, along with other fees and state revenue, could add over $9 million annually to Denver's coffers. But advocates for legal marijuana say excessive taxes will drive people away from state-controlled cannabis and back to the black market. 'When you start thinking about it, in terms of what that's going to do to the cost to the consumer for cannabis, it's pretty ridiculous,' says Westword, Denver's weekly alternative paper." Continue reading →

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Shanghai sees global status via new free-trade zone

"Under the plan, endorsed by the State Council on Wednesday, Shanghai is expected to allow companies to freely convert foreign exchange within specified areas of the city while allowing free capital and commodity inflow for the entire city. Mayor Yang Xiong said Shanghai’s future hinged on the free trade zone, which could give the city a leg-up over rivals. Shanghai’s ambitions to become the nation’s economic engine, leapfrogging Hong Kong as the dominant financial hub in the region are an open secret. The long-awaited policy incentive granted by the cabinet will only add heft to the city’s attempts to attract global capital and talent." Continue reading →

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US Relaxes Health Law Income, Insurance Status Rule for Exchanges

"Until now, the administration had proposed that exchanges verify whether new applicants receive employer-sponsored insurance benefits through random checks. It also sought to require marketplaces to verify each enrollee's income status. But final regulations released quietly on Friday by the Department of Health and Human Services (HHS) give 16 states and the District of Columbia, which are setting up their own exchanges, until 2015 to begin random sampling of enrollees' employer-insurance status. The rules also allow only random— rather than comprehensive—checks on income eligibility in 2014." Continue reading →

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Revealed: How Microsoft handed the NSA access to encrypted messages

"Microsoft helped the NSA to circumvent its encryption to address concerns that the agency would be unable to intercept web chats on the new Outlook.com portal; [...]; The company worked with the FBI this year to allow the NSA easier access via Prism to its cloud storage service SkyDrive, which now has more than 250 million users worldwide; [...] Skype, which was bought by Microsoft in October 2011, worked with intelligence agencies last year to allow Prism to collect video of conversations as well as audio; Material collected through Prism is routinely shared with the FBI and CIA, with one NSA document describing the program as a 'team sport'." Continue reading →

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IRS exposed Social Security numbers of tens of thousands of political donors

“The Internal Revenue Service inadvertently exposed the Social Security numbers of tens of thousands of individuals online who donated money to tax-exempt organizations involved in political activities.  There are thousands of 527 groups, which run the gamut of issues and … Continue reading →

Continue ReadingIRS exposed Social Security numbers of tens of thousands of political donors

Wal-Mart walks away from plans for 3 D.C. stores after ‘living wage’ law passes

"Wal-Mart Stores Inc. said it was scrapping plans to build three stores in Washington, D.C., after the city council passed a bill late Wednesday that would require big retailers to pay starting wages that are 50% higher than the city’s minimum wage. The bill requires retailers with corporate sales of $1 billion or more and with stores of at least 75,000 square feet to pay workers starting salaries of no less than $12.50 an hour. The city’s minimum wage is $8.25. The measure includes an exemption for unionized businesses and gives existing big stores, which include Target Corp. and Macy’s Inc., four years to comply." Continue reading →

Continue ReadingWal-Mart walks away from plans for 3 D.C. stores after ‘living wage’ law passes

Car bomb rocks Hezbollah stronghold in Lebanon

"Syria's civil war is increasingly being fought along sectarian lines, with Sunnis dominating the rebel ranks fighting Assad's regime, which is composed mostly of Alawites, an offshoot of Shiite Islam. At least one Syria-based Islamist brigade claimed responsibility for the attack on its Facebook page, but its authenticity could not be verified. The main Western-backed Syrian opposition group denounced 'in the strongest terms the terrorist explosion.' Hezbollah lawmaker Ali Ammar blamed 'Israel and its tools in the region' for the attack. Hezbollah, like the Syrian regime, refers to those fighting to topple Assad as agents of Israel and the U.S." Continue reading →

Continue ReadingCar bomb rocks Hezbollah stronghold in Lebanon