Recent Updates
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Fed rushes to the rescue, Europe tries to reassure
Legal World 01/22/2008A shock U.S. interest rate cut failed to halt a stock market rout on Tuesday as fears of a U.S. recession forced policymakers in Europe and Japan to issue rapid reassurances about the health of their economies.The Federal Reserve cut its key interest...
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Turkey Bans YouTube for Second Time
Legal World 01/20/2008A Turkish court has again blocked access to the popular video-sharing Web site YouTube because of clips allegedly insulting the country's founding father, according to reports Sunday.It was the second time Turkey banned the site because of clips deem...
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Former Mitsubishi President Found Guilty
Legal World 01/17/2008A former Mitsubishi president was convicted of professional negligence Wednesday in a fatal head-on crash that followed a systematic cover-up of auto defects at the Japanese automaker.Former Mitsubishi Motors Corp. President Katsuhiko Kawasoe, who ha...
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Austria's Supreme Court Won't Accept Chimp As Person
Legal World 01/15/2008Austria's Supreme Court has dashed hopes by animal rights activists to have a chimpanzee declared a person, a statement suggested Tuesday.The court recently rejected a petition to appoint a trustee for the chimp, named Matthew Hiasl Pan, the Vienna-b...
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SKorea court to rule on probe into president
Legal World 01/08/2008The Constitutional Court will issue a ruling this week on whether the scheduled special investigation into President-elect Lee Myung-bak's alleged involvement in a 2001 financial scam is unconstitutional or not. President Roh Moo-hyun appointed Chung...
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US law firms: overpaid, over here and taking over?
Legal World 01/08/2008Among her 300 million citizens, America finds room for 2.2 million prisoners, half a million soldiers — and 1.1 million lawyers, increasing numbers of whom find their way across the Atlantic. From Park Lane to Mincing Lane, US law firms now deploy 3,...
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China aims to replace shooting with lethal injection
Legal World 01/03/2008China, which executes more people each year than any other country, will expand the use of lethal injections instead of gunshots for death sentences, a state-run newspaper reported Thursday.Half of the country's 404 Intermediate People's Courts, whic...
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Consumers Allowed Class Action from Next Year
Legal World 12/26/2007Come 2008, consumers in Korea will be able to take class action to curb illegal activities by corporations. The government has designated 13 organizations, including nine consumer groups and four economic institutes, such as the Federation of Korean ...
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Italian Child Cannot Be Named Friday
Legal World 12/20/2007Friday's child is loving and giving — but not if he lives in Italy.Italian judges forbade a couple from naming their son Friday, saying it would bring the child shame and ridicule to be named after the character in "Robinson Crusoe.""They thought tha...
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France Convicts 5 Ex-Guantanamo Inmates
Legal World 12/19/2007A court Wednesday convicted five former inmates from the U.S. prison at Guantanamo Bay, Cuba, of having links to terrorist groups, while acquitting a sixth man.The five were convicted of "criminal association with a terrorist enterprise," a broad cha...
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Nigerian ex-governor on trial for graft: court
Legal World 12/18/2007The impeached former governor of Nigeria's south-west Ekiti state has been arraigned in court on corruption and money laundering charges, court officials said Tuesday.Fayose, who was arrested last week after turning himself in to the anti-graft agenc...
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Thai cabinet lays out plan to transfer PTT pipelines
Legal World 12/18/2007Thailand's government Tuesday laid out its plan for the court-ordered transfer of energy giant PTT's 15-billion-baht (445-million-dollar) pipeline network back to the state.Under the arrangement, PTT will have to pay the state five percent of its rev...