- Last week's arrest of Pirate Bay founder Gottfrid Svartholm was originally reported to be related to anti-piracy laws, but new reports claim that the BitTorrent download site creator is in custody over a hacking operation, which released the tax information of 9,000 Swedish people.
- A high court judge in India has come under attack after he said that it was okay for a man to beat his wife as long as he took good care of her.
- Commodities are waiting for guidance from risk sentiment trends, with the spotlight now pointing to the European Central Bank monetary policy announcement. Expectations are running high for Mario Draghi and company to deliver the highly anticipated bond-buying program alluded to in officials' commentary over recent weeks and meant to contain borrowing costs for debt-strapped Eurozone member states.
- The German economy is undoubtedly the powerhouse of Europe. As a result, an understanding of the developments within Germany can offer a strong indication of the path that the rest of Europe is likely to take. Until recently, Germany stood as a bastion of sound money against those Keynesian led regimes in the developed nations that favor continual currency debasement as an economic panacea. Throughout much of the past decade the German monetary bias was upheld by the Frenchman Jean Claude Triche...
- BitTorrent sites that allow users to download illegal content are being monitored by anti-piracy groups more than ever. These measure could have an effect on the return of Demonoid.
- After Gottfrid Svartholm was arrested in Cambodia, the Internet was awash with rumors of governments working together to combat online piracy. Those rumors appeared to be confirmed Wednesday when it was announced Sweden would give Cambodia $59 million after the news broke that the Pirate Bay co-founder would be extradited.
- Usually, it's women who suffer violence from men in Turkey. Now that a rape victim has reacted, killing and beheading her attacker, the debate in the country isn't about the murder she committed. It's about whether she can abort the child of her alleged rapist.
- The Spanish star is recovering from a knee injury.
Wang Lijun, Bo Xilai’s Former Deputy, Will Go To Trial , Setting The Stage For Major Political EventsNew legal developments in China’s largest recent political scandal show that the government is moving ahead with efforts to bring Bo Xilai's inner circle to justice.
- The oil complex is in a battle with the perception traders & investors who view each piece of bad economic news as a sign that more simulative measures are coming from all of the main central banks around the world. On the other hand the reality traders look at the fact that every major segment of the global economy is slowing and even with more stimulus global demand for oil and most other major commodities will continue to decline. Manufacturing PMI data in just about every major country in th...
US Open Tennis 2012: Watch Live Stream Online of Federer, Murray and Roddick in Wednesday’s Action; PreviewWatch live coverage and get a full preview of day 10's play at the US Open, featuring the likes of Roger Federer and Andy Murray.
- Senussi fled Libya soon after the uprising that removed Gaddafi from power last year.
- This Thursday 6th September 2012 the ECB announces its interest rate decision at 1245 BST/ 0745 ET. The market consensus (as measured by Bloomberg) is for a 25 basis point cut to 0.50% from 0.75%. The main event will be ECB President Mario Draghi's press conference at 1330 BST/ 0830 ET.
- Late Monday, word leaked out that Draghi is now saying the ECB should pursue a policy of monetizing sovereign debt of periphery countries -- that is, printing reams of new euro to buy bonds issued by those governments -- even though such a policy path exceeds the central bank's mandate and has been adamantly opposed by the German political establishment.
Pre-Market Movers (Pluristem, Facebook, ARM Holdings, BP plc, Netflix, Nokia, Francesca's, Alcatel, Capital One, Lennar)Pluristem Therapeutics, Facebook Inc, ARM Holdings Plc, Francesca's Holdings Corp, BP Plc, Nokia Corp, Alcatel Lucent SA, Capital One Financial Corp, Netflix and Lennar Corp. are among the companies whose shares are moving in pre-market trading Wednesday.
Top After-Market Nasdaq Movers (Wendy's, Santarus, Sarepta, Glu, Facebook, FEI, Education Management, ONYX, Bloomin' Brands, Francesca's Holdings)The top after-market Nasdaq gainers Tuesday were Wendy's Company, Santarus Inc, Sarepta Therapeutics Inc, Glu Mobile Inc and Facebook.
- Transgender and convicted murderer Robert Kosilek has been granted a sex-change surgery by US District Court Chief Judge Mark Wolf. That's right, tax payers will be funding the soon-to-be transsexual's gender reassignment.
- The landmark hearing follows six years of legal battles and tribunals for the four plaintiffs, whose high-profile cases are seen as a polarizing dividing line between British Christians who want to express their faith in the workplace and employers who assert their right to impose dress codes and guidelines for workplace conduct.
- The Democratic National Committee's 2012 platform, released Monday night, will be officially adopted on Tuesday night.