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Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank,Continue reading

Tuesday, July 29, 2008 United States Senator Ted Stevens of Alaska has been indicted by federal grand jury on seven criminal counts for making false statements in his Senate financial disclosure forms. The longest-serving Republican in the Senate, Stevens is the highest-profile politician ensnared in the corruption scandal surrounding VECO Corporation and its executives’ attempts to influence politics. VECO, a subsidiary of CH2M Hill as of September 2007, is an oil pipeline and services company.Continue reading

Sunday, May 18, 2008 An HIV-positive man was sentenced to 35 years in prison Wednesday, one day after being convicted of harassment of a public servant for spitting into the eye and open mouth of a Dallas, Texas police officer in May 2006. The United States Centers for Disease Control and Prevention says that no one has ever contracted HIV from saliva, and a gay-rights and AIDS advocacy group called the sentence excessive. A DallasContinue reading

Monday, September 6, 2010 President Alvaro Colom says torrential downpours causing flooding and landslides have undone the country’s reconstruction from Tropical Storm Agatha in May. Up to eighteen people are reported killed in rain-related incidents across the country as weather systems in both the Gulf of Mexico and the Pacific batter the region, and forecasters expect another 48 hours of precipitation. At least ten people were killed, 20 rescued, when a landslide buried a busContinue reading

Wednesday, March 16, 2005 The United Kingdom Chancellor of the Exchequer, the Right Honourable Gordon Brown PC MP, in a speech to the British House of Commons today presented his ninth Budget, what is very likely to be his last Budget before the next UK General Election. This opened the parliamentary debate on the 2005 Finance Bill, and was followed by responses from the opposition parties. In a 48 minute long speech, the Chancellor presentedContinue reading

Friday, March 15, 2019 A former advisor for U.S. President Donald Trump was sentenced in U.S. Federal Court on Wednesday. Paul Manafort was sentenced by Judge Amy Berman Jackson to 73 months in federal prison and to also pay financial restitution to the Internal Revenue Service in the amount of US$6.16 million. Manafort’s charges involved unregistered foreign lobbying and witness tampering. Judge Jackson clarified in the proceedings that her sentencing decisions were not connected toContinue reading