Good, Bad, and Ugly

So it’s safer here?

March 30, 2009

SEC accuses Caribbean bank of $68 mln Ponzi scheme

“The defendants disguised their Ponzi scheme as a legitimate offshore investment and made promises about exuberant returns that were just too good to be true,” said Rose Romero, head of the SEC’s regional office in Fort Worth. “This case demonstrates that investors need to be especially cautious when placing money with entities that may be outside the reach of U.S. regulators.”

Too many dollars…

March 27, 2009

Australia’s Rudd: U.S. dollar reserve status safe

The push underscores growing concerns by emerging economic powers — among the largest dollar dollars in the world thanks to strong export revenue — about the long-term value of the dollar.

Plane crash?

March 26, 2009

Two aging leaders dismissed in Cuba shake-up

Cienfuegos, 78, is the older brother of Camilo Cienfuegos, who was one of the leaders and most revered figures of the revolution that put Fidel Castro in power in 1959. Camilo Cienfuegos died in an October 1959 plane crash.

Netanyahu Factbox

March 24, 2009

FACTBOX-Five facts about Benjamin Netanyahu

JERUSALEM, March 20 (Reuters) – Benjamin Netanyahu won a two-week extension on Friday two form the next Israeli coalition government.

They joined…

March 19, 2009

China wants importers to cover some emission costs

China, like the United States, did not join the 17-year-old Kyoto Protocol aimed at reducing global emissions of carbon dioxide and other pollutants linked to climate change problems.

Not a country…

March 17, 2009

U.S., EU eye possible fix to long-standing beef war

WASHINGTON (Reuters) – The United States will hold off on new retaliatory duties for European products while the two countries work on a possible fix to a dispute over beef trade that dates back to the 1980s, the U.S. Trade Representative’s office said on Thursday.

Independence date?

March 10, 2009

Madagascar threatens action against mutinying soldiers

By mid-morning, several hundred people had gathered in the square — the epicenter for previous popular revolts since Madagascar won its independence from France in 1972 — with no visible sign of security forces.

Familiar face in the background?

March 10, 2009

Sarah Hussein Obama, grandmother to U.S. President-elect Senator Barack Obama (D-IL), smiles during a news conference at her home in Nyangoma Kogelo village, 257 miles west of Kenya’s capital Nairobi, November 5, 2008. REUTERS/Thomas Mukoya

Reform, or just change?

February 17, 2009

Chavez seeks re-election reform in Venezuela vote

CARACAS (Reuters) – Venezuelans voted on Sunday on a reform proposal that would allow President Hugo Chavez to stay in power for as long as he keeps winning elections, his second bid to extend his rule after a decade in power.

Laundry list…

February 16, 2009

Clinton aims to soothe jittery allies, woo China


Analysts advised Clinton not to confront the Chinese with a series of demands on her first visit as secretary of state.