Word: tradings
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...London. Conservative Party leader David Cameron wrote to PM Brown Friday saying that "the public are entitled to know what you think of the decision to release Megrahi," which Cameron called "the product of some completely nonsensical thinking." Britain's Foreign Office ordered Buckingham Palace to reconsider a scheduled trade visit to Tripoli next month by Prince Andrew, according to the London Evening Standard. Much of the outrage was sparked by the jubilation in Libya after Megrahi's arrival. Foreign Secretary David Miliband told BBC Radio on Friday that "the sight of a mass murderer getting a hero's welcome...
...Switzerland, news of the settlement was greeted with relief. "The out-of-court agreement avoids a prolonged legal battle that would have had an uncertain outcome, and the solution found conforms entirely with prevailing Swiss law," the Swiss Banking Association (SBA), a trade organization for Switzerland's financial institutions, said in a statement. "This is of crucial importance because international clients rely very much on the predictability and stability of the Swiss legal system." (See the top 10 scared traders...
...Strikes, sit-ins, and factory occupations are technically illegal in Egypt - except in the unlikely event that they were authorized by the government-run Egyptian Trade Union Federation. But legal restraints have not stopped workers from laying down their tools; analysts attribute the phenomenon to the declining living standards that have accompanied the government's market-oriented economic policies, combined with the absence of democratic channels of recourse in President Hosni Mubarak's authoritarian regime. By some estimates, Egypt has seen at least 250 strike actions this year alone, organized locally and often featuring women workers playing a leading role...
...what do members do when they're not legislating? Any time not spent on the Hill can be spent fundraising, although outside of election years, August is a slow month for events. Some members go on official trips, visiting troops or joining fact-finding missions or trade delegations. This year several lawmakers will spend their time stumping for (or against) President Obama's health-care plan. Once that's all done, though, many take actual vacations: Arizona Representative Raul Grijalva plans to spend four days in a cabin near the Grand Canyon. There he will "read a book that...
...deepening rivalry between two of Silicon Valley's giants, Google CEO Eric Schmidt stepped down from Apple's board of directors after a three-year stint. With the companies increasingly squaring off over lucrative markets like the mobile-computing field, many analysts suggested the move was overdue. The Federal Trade Commission is investigating whether Schmidt's position on his competitor's board may have violated antitrust provisions...