E-Corporate Lawyers ("ECL"): June 2011

Thursday, June 30, 2011

Egyptian Corporate Lawyer: Was this the Threat that Forced Mubarak to Quit?

Egyptian Corporate Lawyer: Was this the Threat that Forced Mubarak to Quit?: "Mubarak Toppled by CIA Because He Opposed US Plans for War with Iran; US Eyes Seizure of Suez Canal; Was this the Threat that Forced Mub..."

Sunday, June 26, 2011

France 24 : Saudi women defy driving ban by taking to the wheel

Hello,
A friend spotted this and thought you should see it:
- Saudi women defy driving ban by taking to the wheel
Click here to read the article: http://www.france24.com/en/node/5210819

Mohamed E. Shaheen from iphone

France 24 : Ten top Shi'ite opposition activists jailed for life

Hello,
A friend spotted this and thought you should see it:
- Ten top Shi'ite opposition activists jailed for life
Click here to read the article: http://www.france24.com/en/node/5212640

Mohamed E. Shaheen from iphone

France 24 : New York legalises same-sex marriage

Hello,
A friend spotted this and thought you should see it:
- New York legalises same-sex marriage
Click here to read the article: http://www.france24.com/en/node/5213826

Mohamed E. Shaheen from iphone

France 24 : Strauss-Kahn prosecution enlists French legal help

Hello,
A friend spotted this and thought you should see it:
- Strauss-Kahn prosecution enlists French legal help
Click here to read the article: http://www.france24.com/en/node/5213556

Mohamed E. Shaheen from iphone

France 24 : Police pelted with stones as ex-minister's trial adjourns

Hello,
A friend spotted this and thought you should see it:
- Police pelted with stones as ex-minister's trial adjourns
Click here to read the article: http://www.france24.com/en/node/5214179

Mohamed E. Shaheen from iphone

France 24 : Prominent human rights activist released from prison

Hello,
A friend spotted this and thought you should see it:
- Prominent human rights activist released from prison
Click here to read the article: http://www.france24.com/en/node/5214107

Mohamed E. Shaheen from iphone

BBC E-mail: Hezbollah members 'spied for CIA'

I saw this story on the BBC News iPhone App and thought you should see it.

** Hezbollah members 'spied for CIA' **
The head of Hezbollah, Sheikh Hassan Nasrallah, says two members of the Lebanese Islamist group have confessed to working for the CIA.
< http://www.bbc.co.uk/news/world-middle-east-13912456 >

** BBC Daily E-mail **
Choose the news and sport headlines you want - when you want them, all in one daily e-mail
< http://www.bbc.co.uk/email >

** Disclaimer **
The BBC is not responsible for the content of this e-mail, and anything written in this e-mail does not necessarily reflect the BBC's views or opinions. Please note that neither the e-mail address nor name of the sender have been verified.

Mohamed E. Shaheen from iphone

BBC E-mail: Egypt abandons plans for IMF loan

I saw this story on the BBC News iPhone App and thought you should see it.

** Egypt abandons plans for IMF loan **
Egypt drops plans for loans from the IMF and World Bank, after the deficit forecast was revised down - and against a backdrop of public distrust.
< http://www.bbc.co.uk/news/world-middle-east-13914410 >

** BBC Daily E-mail **
Choose the news and sport headlines you want - when you want them, all in one daily e-mail
< http://www.bbc.co.uk/email >

Mohamed E. Shaheen from iphone

BBC E-mail: Israel pair admit Auschwitz theft

I saw this story on the BBC News iPhone App and thought you should see it.

** Israel pair admit Auschwitz theft **
An Israeli couple have been given suspended prison sentences in Poland for the theft of artefacts from the Nazi death camp Auschwitz, officials say.
< http://www.bbc.co.uk/news/world-europe-13917740 >

** BBC Daily E-mail **
Choose the news and sport headlines you want - when you want them, all in one daily e-mail
< http://www.bbc.co.uk/email >

Mohamed E. Shaheen from iphone

BBC E-mail: Iran president's ally 'arrested'

I saw this story on the BBC News iPhone App and thought you should see it.

** Iran president's ally 'arrested' **
An ally of President Ahmadinejad of Iran is reportedly arrested on corruption claims days after he was forced to quit as deputy foreign minister.
< http://www.bbc.co.uk/news/world-middle-east-13898232 >

** BBC Daily E-mail **
Choose the news and sport headlines you want - when you want them, all in one daily e-mail
< http://www.bbc.co.uk/email >

Mohamed E. Shaheen from iphone

BBC E-mail: Egypt sentences ex-trade minister

I saw this story on the BBC News iPhone App and thought you should see it.

** Egypt sentences ex-trade minister **
A court in Egypt sentences former Trade Minister Rachid Mohamed Rachid to five years in prison in absentia for embezzling public funds.
< http://www.bbc.co.uk/news/world-middle-east-13916180 >

** BBC Daily E-mail **
Choose the news and sport headlines you want - when you want them, all in one daily e-mail
< http://www.bbc.co.uk/email >

Mohamed E. Shaheen from iphone

BBC E-mail: Conrad Black sent back to prison

I saw this story on the BBC News iPhone App and thought you should see it.

** Conrad Black sent back to prison **
Former media tycoon Conrad Black is sent back to jail by a judge as he is resentenced for convictions for fraud and obstruction.
< http://www.bbc.co.uk/news/world-us-canada-13912405 >

** BBC Daily E-mail **
Choose the news and sport headlines you want - when you want them, all in one daily e-mail
< http://www.bbc.co.uk/email >

Mohamed E. Shaheen from iphone

Friday, June 24, 2011

BBC E-mail: Google 'faces US antitrust probe'

I saw this story on the BBC News iPhone App and thought you should see it.

** Google 'faces US antitrust probe' **
US regulators are preparing to issue court orders to Google and other companies as part of a probe into Google's business practices, US media report.
< http://www.bbc.co.uk/news/world-us-canada-13899197 >

** BBC Daily E-mail **
Choose the news and sport headlines you want - when you want them, all in one daily e-mail
< http://www.bbc.co.uk/email >

Mohamed E. Shaheen from iphone

BBC E-mail: Woman guilty of genocide and rape

I saw this story on the BBC News iPhone App and thought you should see it.

** Woman guilty of genocide and rape **
A former Rwandan women's minister is sentenced to life in prison for her role in the genocide and the rape of Tutsi women and girls.
< http://www.bbc.co.uk/news/world-africa-13507474 >

** BBC Daily E-mail **
Choose the news and sport headlines you want - when you want them, all in one daily e-mail
< http://www.bbc.co.uk/email >

Mohamed E. Shaheen from iphone

Thursday, June 23, 2011

Egyptian Corporate Lawyer: Financial Times: China releases artist Ai Weiwei o...

Egyptian Corporate Lawyer: Financial Times: China releases artist Ai Weiwei o...: "June 22 2011 4:16 PM GMT China releases artist Ai Weiwei on bail -- By Jamil Anderlini in Beijing -- Chinese state media say renowned ..."

Egyptian Corporate Lawyer: Financial Times: Inflation pressure mounts on New ...

Egyptian Corporate Lawyer: Financial Times: Inflation pressure mounts on New ...: "June 22 2011 4:20 PM GMT Inflation pressure mounts on New Delhi -- By James Lamont in New Delhi -- Economists and policymakers worry p..."

Egyptian Corporate Lawyer: BBC E-mail: Verdict due in Dutch 'hate' trial

Egyptian Corporate Lawyer: BBC E-mail: Verdict due in Dutch 'hate' trial: "I saw this story on the BBC News iPhone App and thought you should see it. ** Verdict due in Dutch 'hate' trial ** Judges are set to deliver..."

Egyptian Corporate Lawyer: CNN - FIFA chiefs 'bribed' officials

Egyptian Corporate Lawyer: CNN - FIFA chiefs 'bribed' officials: "----- Sent from the CNN App for iPhone ----- Hey, check this out from CNN: FIFA chiefs 'bribed' officials http://edition.cnn.com/2011/SPORT/..."

Egyptian Corporate Lawyer: France 24 : Galliano tells court he cannot remembe...

Egyptian Corporate Lawyer: France 24 : Galliano tells court he cannot remembe...: "Hello, A friend spotted this and thought you should see it: - Galliano tells court he cannot remember anti-Semitic rant Click here to read t..."

France 24 : Galliano tells court he cannot remember anti-Semitic rant

Hello,
A friend spotted this and thought you should see it:
- Galliano tells court he cannot remember anti-Semitic rant
Click here to read the article: http://www.france24.com/en/node/5212786

Mohamed E. Shaheen from iphone

CNN - 21 convicted for protests in Bahrain

-----
Sent from the CNN App for iPhone
-----

Hey, check this out from CNN:
21 convicted for protests in Bahrain http://edition.cnn.com/2011/WORLD/meast/06/22/bahrain.unrest/index.html?iphoneemail

Mohamed E. Shaheen from iphone

CNN - FIFA chiefs 'bribed' officials

-----
Sent from the CNN App for iPhone
-----

Hey, check this out from CNN:
FIFA chiefs 'bribed' officials http://edition.cnn.com/2011/SPORT/football/06/22/football.fifa.bribes.report/index.html?iphoneemail

Mohamed E. Shaheen from iphone

BBC E-mail: Verdict due in Dutch 'hate' trial

I saw this story on the BBC News iPhone App and thought you should see it.

** Verdict due in Dutch 'hate' trial **
Judges are set to deliver their verdict in the trial of Dutch far-right politician Geert Wilders for inciting hatred against Muslims.
< http://www.bbc.co.uk/news/world-europe-13883331 >

** BBC Daily E-mail **
Choose the news and sport headlines you want - when you want them, all in one daily e-mail
< http://www.bbc.co.uk/email >

Mohamed E. Shaheen from iphone

CNNMoney Mobile: Regulators at odds on bank capital cushions

This article was sent from CNNMoney's mobile app. To download the FREE CNNMoney iPhone or Blackberry application, click here: http://mobileapp.cnnmoney.com

http://bit.ly/mm7RaN

--------

Mohamed E. Shaheen from iphone

Financial Times: Inflation pressure mounts on New Delhi

June 22 2011 4:20 PM GMT
Inflation pressure mounts on New Delhi
--
By James Lamont in New Delhi
--
Economists and policymakers worry price rises may be structural in an economy characterised by supply constraints and skilled labour shortages

Read the full article at: http://www.ft.com/cms/s/0/a8c44282-9ce0-11e0-bf57-00144feabdc0.html

Mohamed E. Shaheen from iphone

Financial Times: China releases artist Ai Weiwei on bail

June 22 2011 4:16 PM GMT
China releases artist Ai Weiwei on bail
--
By Jamil Anderlini in Beijing
--
Chinese state media say renowned activist artist Ai Weiwei is released on bail after confessing to tax evasion and because he suffers from 'chronic disease'

Read the full article at: http://www.ft.com/cms/s/0/0d8ba04c-9cdd-11e0-bf57-00144feabdc0.html

Mohamed E. Shaheen from iphone

CNNMoney Mobile: Stocks end lower on Bernanke bummer

This article was sent from CNNMoney's mobile app. To download the FREE CNNMoney iPhone or Blackberry application, click here: http://mobileapp.cnnmoney.com

http://bit.ly/lt989k

--------

Mohamed E. Shaheen from iphone

LexisNexis Legal News: US Labor Department obtains $10.45 million in restitution for participants of DirecTECH Holding retirement plan

Here's an item from the LexisNexis Legal News mobile app that you might be interested in:

"US Labor Department obtains $10.45 million in restitution for participants of DirecTECH Holding retirement plan"

Defendants also to pay more than $1,045,000 in civil penalties
WASHINGTON, June 8, 2011 /PRNewswi...

http://prn.to/is8lqz

Mohamed E. Shaheen from iphone

Sunday, June 12, 2011

US STOCKS-China, Greece hurt sentiment, Nasdaq off for the year

I thought you might be interested in this:

http://reut.rs/iwOmqB

I found this using the Thomson Reuters News Pro for iPhone app.

To install News Pro on your iPhone or iPad, visit:

http://reuters.com/mobile

Mohamed E. Shaheen from iphone

Prada IPO five times subscribed - source

I thought you might be interested in this:

http://reut.rs/lw7Yog

I found this using the Thomson Reuters News Pro for iPhone app.

To install News Pro on your iPhone or iPad, visit:

http://reuters.com/mobile

Mohamed E. Shaheen from iphone

IMF cyber attack aimed to steal insider information - expert

I thought you might be interested in this:

http://reut.rs/lnO7eT

I found this using the Thomson Reuters News Pro for iPhone app.

To install News Pro on your iPhone or iPad, visit:

http://reuters.com/mobile

Mohamed E. Shaheen from iphone

IMF cyber attack aimed to steal insider information - expert

I thought you might be interested in this:

http://reut.rs/lnO7eT

I found this using the Thomson Reuters News Pro for iPhone app.

To install News Pro on your iPhone or iPad, visit:

http://reuters.com/mobile

Mohamed E. Shaheen from iphone

Syrian forces attack northern town, residents flee

I thought you might be interested in this:

http://reut.rs/lBCt0c

I found this using the Thomson Reuters News Pro for iPhone app.

To install News Pro on your iPhone or iPad, visit:

http://reuters.com/mobile

Mohamed E. Shaheen from iphone

I just saw this on FOREX.com

I think you might enjoy this article: WSJ: Fischer's Entry Adds A Twist To The Race To Head The IMF.

By Sudeep Reddy, Joshua Mitnick
And Matt Bradley
Of THE WALL STREET JOURNAL

Israeli central banker Stanley Fischer announced a formal bid to head the International Monetary Fund, positioning himself as a dark-horse candidate as the race enters its final stages.
Fischer, a widely respected economist and a former No. 2 at the IMF, faces long odds in a contest that already has two candidates conducting high-profile global campaigns: French Finance Minister Christine Lagarde and Mexican central banker Agustin Carstens. Fischer's last-minute entry, as the IMF's nominations period closed Friday night, added a new twist in the race for the IMF's top spot, and came as the IMF was investigating a cyberattack on its network.
(This story and related background material will be available on The Wall Street Journal website, WSJ.com.)
Lagarde, the leading candidate, has already locked down support from Europe, which holds about a third of IMF votes. She won the backing of some African nations on Friday, marking new support from developing nations. And on Sunday she won a key emerging-market endorsement when Indonesian Finance Minister Agus Martowardojo said he "personally" supports Lagarde's bid and called her the "right figure to lead the IMF." In addition, the United Arab Emirates came out in her support Sunday.
Carstens, meanwhile, has won endorsements from Latin American nations in his effort to become the first IMF chief from an emerging market and break Europe's six-decade lock on the top post. But his only backing on the IMF board so far comes from his home country.
The race for the top IMF post follows Dominique Strauss-Kahn's resignation last month after he was charged with sexual assault in New York. The IMF plans to make a decision on his successor by June 30.
Fischer, who was born in what is now Zambia and is a U.S. and Israeli citizen, could draw from both advanced and developing nations. During his seven years as the IMF's deputy managing director in the 1990s, he earned widespread respect within the fund as it responded to financial crises around the world. But because he is seen as an American he is unlikely to draw support from European nations that back Lagarde or emerging-market nations that want one of their own in the top spot.
The U.S., which has about 17% of IMF votes, is widely expected to back Lagarde because of a longstanding arrangement in which a European runs the IMF and Americans take the IMF's No. 2 spot--one that Fischer once held--and the top job at the World Bank.
Amid complaints from emerging-market nations, however, the Obama administration has avoided endorsing any candidate. Officials say the U.S. will support a candidate who draws broad support, suggesting Lagarde would need some backing from emerging markets--which she is starting to gain--to win the seat. Fischer sought the top spot in 2000, with support from some developing nations, but the U.S. declined to back him.
Lagarde, speaking in Cairo Sunday, said she had "very affirmative support" from the Egyptian government for her candidacy.
She said she'd focus on continued reform of the IMF according to the "universal principles" of diversity and institutional legitimacy. "One of the priorities of the bank will be to develop the Middle East and North Africa," she said. "In applying the principles of diversity that I've been discussing, this means taking account of the particularities and the circumstances of each country."
In a statement released by the Bank of Israel Saturday evening, Fischer said he informed Prime Minister Benjamin Netanyahu and Finance Minister Yuval Steinitz of his "unplanned" candidacy, a decision made after "great indecision." Fischer said he plans to run on his IMF experience, which would enable him "to contribute to the global economy in the post-crisis era."
Eswar Prasad, a Cornell University economist and former IMF official, said Fischer's entry into the race means Lagarde "will have to work harder to win the job." "If she does end up clinching the job, a three-way tussle will work to her long-term benefit as it will garner her more legitimacy for having won the job in a fair fight against two well-respected opponents," he said.
Fischer would need the IMF board to waive its rules because his age, 67, is two years beyond the maximum set by the organization's bylaws for managing director. Even if he passes that hurdle, his position as Israel's central bank governor could make it tough to win the support of Arab nations and other emerging-market countries.
If neither Carstens nor Lagarde can show significant strength beyond their region, Fischer has figured IMF officials, who know him well, might turn to him as a compromise pick, an official familiar with his thinking said last month.
The official said Fischer has had indications of support from nations apart from Israel. Despite the expected opposition from Arab nations, Fischer has good ties with top officials in the Palestinian banking system. George Abed, a former head of the Palestine Monetary Authority, called him "the most qualified candidate I have seen mentioned in the media so far."
Fischer is midway through his second term at the helm of Israel's central bank. He described the IMF job opening possibly a one-time opportunity. The website of the Haaretz newspaper said Steinitz said Fischer's election would be a "certificate of honor" for Israel.
-By Sudeep Reddy, Joshua Mitnick and Matt Bradley,
The Wall Street Journal; sudeep.reddy@wsj.com
--Bob Davis in Beijing and Linda Silaen in Jakarta contributed to this article.
(END) Dow Jones Newswires
June 12, 2011 14:15 ET (18:15 GMT)2011 Dow Jones & Company, Inc.

Mohamed E. Shaheen from iphone

I just saw this on FOREX.com

I think you might enjoy this article: Thousands Of Greeks Stage Protest Against Austerity Measures.

By Costas Paris
Of DOW JONES NEWSWIRES
ATHENS -(Dow Jones)- Tens of thousands of angry Greeks demonstrated in central Athens on Sunday against a new wave of austerity measures that the country has promised to its international creditors to avoid default.
The protesters massed at Constitution Square overlooked by parliament holding banners that called for popular resistance to the new measures that include cuts in salaries and pensions and a series of new taxes, privatizations and spending cuts.
The rally was peaceful, with the protesters gesturing at the parliament building and shouting: "Thieves, Thieves, Thieves" in unison.
It was the third straight Sunday of similar protests, which began 19 days ago by a new movement of self-proclaimed "indignant" citizens organized over the Facebook and modeled on a similar protest in Spain known as Los Indignados. It brings together a wide segment of society, from youths to retirees.
"We were both fired by the computer-software company we worked at for the past three years," said Jenny Kyriakidi, accompanied by her husband Lambros and holding their four-month-old baby daughter. "All the government cares about is to satisfy its creditors and their cruel terms. Nobody cares about us. If we didn't have our parents, we would go hungry."
"We worked hard and paid our taxes. We want to give our daughter a decent future. The computer company didn't even have the decency to at least keep one of us working," Lambros Kyriakidis said.
Since May last year, when Greece got a EUR110 billion loan, the socialist government has been under special European Union, International Monetary Fund and European Central Bank supervision as it struggles fix its public finances and reform the economy.
But despite the loan, the government has failed to fulfill many of its promises and the EU and the IMF are discussing ways to come up with a second loan this month to keep Greece from going bankrupt.
In return, Greece has agreed to implement a EUR28.4 billion austerity package that aims to cut the budget deficit below 1% of gross domestic product by 2015, from 10.5% of GDP last year.
The package is due to be voted in parliament this month.
Labor unions have called for a nationwide general strike on Wednesday.
-By Costas Paris,Dow Jones Newswires; +30 6972328829; costas.paris@dowjones.com
--Alkman Granitsas contributed to this article.
(END) Dow Jones Newswires
June 12, 2011 14:32 ET (18:32 GMT)2011 Dow Jones & Company, Inc.

Mohamed E. Shaheen from iphone

Wednesday, June 8, 2011

I just saw this on FOREX.com

I think you might enjoy this article: DJ UPDATE: Asian Shares Mostly Lower; Strong Yen Weighs Tokyo Market.

(Adds information, quotes, updates/adds market levels)
By Shri Navaratnam and Ga-Woon Philip Vahn
Of DOW JONES NEWSWIRES
SINGAPORE (Dow Jones)--Asian stock markets were mostly lower Wednesday on global growth concerns, with a strong yen weighing on Tokyo shares, while the Shanghai market struggled as investors fretted about the possibility of further tightening measures from Beijing.
Japan's Nikkei Stock Average fell 0.2%, Australia's S&P/ASX 200 fell 0.5%, while South Korea's Kospi Composite was 1.2% lower. The Shanghai Composite Index fell 0.3%, Hong Kong's Hang Seng Index fell 0.9%, and India's Sensex gave up 0.2%.
Dow Jones Industrial Average futures were down 19 points in screen trade.
Sparse early buying interest in some regional markets was quickly overwhelmed by sellers as investors took a dim view of Tuesday's downbeat comments on the U.S. economy from Federal Reserve Chairman Ben Bernanke and Wall Street's drop for the fifth consecutive day.
"The data, particularly in the U.S., have pointed to a substantial slowing in growth over the last two months," said Dominic Wilson at Goldman Sachs in a note. "We are tilted a little negatively in equities for the first time this year, and we are not taking strong views on overall risk/cyclical direction yet," he added.
In Tokyo, a firmer yen and domestic growth concerns sapped buying interest.
"With U.S. Fed Chairman Ben Bernanke expressing a weak outlook on the U.S. economy, there is a tendency for the dollar to trend lower," said Yumi Nishimura, a senior market analyst at Daiwa Securities.
The yen rose to a fresh one-month high against the U.S. dollar in early Wednesday trade, with the greenback slipping to Y79.84; a strong local currency is an additional worry for Japan's export-led economy, which is struggling to recover from the devastating March 11 natural disasters.
Nintendo fell 6.2% as investors were disappointed by the lack of positive surprises in the company's newly introduced successor to its Wii videogame console. Hiroaki Osakabe, a fund manager at Chibagin Asset Management, said there were no 'landmark' new features to the new console. "With earnings expected to be quite weak, there is no reason to buy this stock now before confirming the (first quarter) results."
Tokyo Electric Power was off 6.5% and Chubu Electric Power lost 2.4% on a Nikkei report that all of Japan's nuclear plants may stay idle for some time.
The Shanghai market was stymied as investors were wary about further interest rate hikes by the People's Bank of China.
"The market expected interest rate hikes before the holiday weekend. No hikes materialized, but the expectations for increases remain," said China Minzu Securities analyst Wang Bo. In an effort to tame rising inflation, the PBOC has raised banks' reserve requirement ratios five times this year and lifted interest rates on deposits and loans four times since October last year.
Recent outperformers succumbed to profit-taking with China Cosco down 0.4%, Zijin Mining off 0.6% and PetroChina 0.5% lower.
In Sydney and Seoul, worries about the global economy hurt sentiment, with cyclycal stocks taking a beating.
Energy stocks were leading broad-based declines in Australia ahead of the outcome of the OPEC meeting, which concludes Wednesday. Woodside, Origin, Santos, Oil Search and Paladin were down 1.1%-4.8%.
Hyundai Heavy Industries tumbled 6.5% in Seoul on mounting speculation the world's largest shipbuilder by order value may submit a bid for a stake in Hynix Semiconductor, raising concerns over its cost burden in potentially buying into a non-shipbuilding business. A person familiar with the situation on Wednesday told Dow Jones Newswires that Hyundai Heavy may submit a bid for the 15% stake in Hynix held by the chipmaker's creditors.
Elsewhere in the region, Taiwan's main index lost 0.2%, Singapore's Straits Times Index fell 0.4%, Thailand shares fell 1.5%, while New Zealand's NZX-50 was up 0.6%.
In foreign exchange markets, ongoing worries about a slowdown in global economic growth--further underlined by Bernanke's gloomy assessment on the U.S. economy-- and weak regional equities weighed on the risk-sensitive euro. The safe-haven yen, however, benefited against the dollar from the risk-off tone.
Investors were also keeping a close watch on the European Central Bank meeting, which is expected to signal rate hikes in coming months. "Any hint of a July hike could see the euro continue its remarkable rebound," said Tim Waterer, senior dealer at CMC Markets in Sydney. "It is worth remembering that only a couple of weeks ago Euro was briefly trading at sub-$1.40 and now it could be heading for a test of $1.50 in the coming months courtesy of a growing yield differential over its U.S. counterpart."
The euro was at $1.4662 against the greenback, from $1.4690 late Tuesday in New York, and at Y117.21 against the yen, from Y117.65. The dollar was buying Y79.91, from Y80.10.
Spot gold was at $1,544.60 per troy ounce, off 10 cents from its New York settlement on Tuesday. July Nymex crude oil futures were up 53 cents at $99.62 per barrel on Globex.
-Shri Navaratnam, Dow Jones Newswires; +65-6415-4142; shri.navaratnam@dowjones.com
TALK BACK: We invite readers to send us comments on this or other financial news topics. Please email us at TalkbackAsia@dowjones.com. Readers should include their full names, work or home addresses and telephone numbers for verification purposes. We reserve the right to edit and publish your comments along with your name; we reserve the right not to publish reader comments.
(END) Dow Jones Newswires
June 08, 2011 01:07 ET (05:07 GMT)2011 Dow Jones & Company, Inc.

Mohamed E. Shaheen from iphone

Saturday, June 4, 2011

Barchart.com

WEEKLY GOLD REPORT(5)

Mike Daly of PFGBest - InsideFutures.com - Sat Jun 04, 11:47AM CDT

WEEKLY GOLD REPORT

Barchart.com

Petroleum Complex Outlook for June 3, 2011

CRB Research Team of Commodity Research Bureau - InsideFutures.com - Fri Jun 03, 6:53PM CDT

Petroleum Complex Outlook - An Excerpt from CRB'S Futures Market Service

CRUDE OIL

Thursday, June 2, 2011

Le Monde.fr: Les deux camps accusés de crimes de guerre en Libye

Les deux camps accusés de crimes de guerre en Libye

Une mission d'enquête du Conseil des droits de l'homme de l'ONU estime que les violences ont fait entre 10 000 et 15 000 morts depuis le début de la révolte mi-février.

LEMONDE.FR avec AFP | 02.06.11 | 08:13 AM

Usage strictement personnel. L'utilisateur du site reconnait avoir pris connaissance de la licence de droits d'usage, en accepter et en respecter les dispositions.

Politique de confidentialité du site. Besoin d'aide ? faq.lemonde.fr | Qui sommes-nous ?

Mohamed E. Shaheen from iphone

Le Monde.fr: Les forces de l'ordre syriennes accusées de crime contre l'humanité à Deraa

Les forces de l'ordre syriennes accusées de crime contre l'humanité à Deraa

Human Rights Watch a recueilli des témoignages sur des tueries systématiques, des passages à tabac, des tortures avec des électrochocs et la détention de personnes alors qu'elles nécessitaient des soins médicaux.

LEMONDE.FR avec AFP | 02.06.11 | 01:14 PM

Usage strictement personnel. L'utilisateur du site reconnait avoir pris connaissance de la licence de droits d'usage, en accepter et en respecter les dispositions.

Politique de confidentialité du site. Besoin d'aide ? faq.lemonde.fr | Qui sommes-nous ?

Mohamed E. Shaheen from iphone

Le Monde.fr: Un nouveau scandale de matches truqués ébranle le foot italien

Un nouveau scandale de matches truqués ébranle le foot italien

La police italienne a arrêté 16 personnes, dont l'ancien international Beppe Signori, lors d'un coup de filet contre un réseau de paris truqués.

LEMONDE.FR avec AFP | 02.06.11 | 09:40 AM

Usage strictement personnel. L'utilisateur du site reconnait avoir pris connaissance de la licence de droits d'usage, en accepter et en respecter les dispositions.

Politique de confidentialité du site. Besoin d'aide ? faq.lemonde.fr | Qui sommes-nous ?

Mohamed E. Shaheen from iphone

Le Monde.fr: La politique et le criminel poison de la rumeur

La politique et le criminel poison de la rumeur

L'ancien ministre de l'éducation de Jacques Chirac, le philosophe Luc Ferry, a accusé lundi 30 mai sur Canal Plus un ancien ministre de s'être "fait poisser [attraper] à Marrakech dans une partouze avec des petits garçons".

LE MONDE | 02.06.11 | 11:19 AM

Usage strictement personnel. L'utilisateur du site reconnait avoir pris connaissance de la licence de droits d'usage, en accepter et en respecter les dispositions.

Politique de confidentialité du site. Besoin d'aide ? faq.lemonde.fr | Qui sommes-nous ?

Mohamed E. Shaheen from iphone

(BN) Iraq Says Signed Contract With Kogas to Develop Akkas Field (1)

Bloomberg News, sent from my iPhone.

Iraq Says Signed Contract With Kogas to Develop Akkas Field

June 1 (Bloomberg) -- Iraq signed an agreement with Korea Gas Corp. to begin developing the Akkas natural-gas field, an Oil Ministry official said, ending seven months of delays in progress at one of the country's biggest deposits of the fuel.

Representatives of Korea Gas and Iraq signed the contract today in a ceremony closed to the media, Sabah Abdel Kadhim, the deputy head of the Oil Ministry's licensing department, said in a telephone interview from Baghdad.

Korea Gas, known as Kogas, said in a regulatory filing on May 26 that it would acquire 100 percent of the rights to Akkas, up from a planned 50 percent stake, after its original partner, KazMunaiGas Exploration Production of Kazakhstan, unexpectedly withdrew from the project.

The government expects to sign agreements for two other gas fields at Mansouriya and Siba on June 5, Abdul-Mahdi al-Ameedi, the head of the ministry's licensing department, said in a separate phone interview.

Iraq has the fifth-biggest gas reserves in the Middle East and the world's fifth-largest crude oil reserves, according to data from BP Plc. While the government relies on sales of crude for most of its revenue, it wants to produce gas to fuel the nation's power plants, which have been unable for several years to meet demand. Production of electricity and gas, like oil, suffered from decades of war and sanctions, and Iraq is seeking foreign investment and expertise to boost output.

Kuwaiti, Turkish Investors

Kuwait Energy Co., Turkiye Petrolleri AO and Kogas secured the rights to develop gas at Mansouriya. Kuwait Energy and Turkiye Petrolleri won the bidding for Siba. Iraq awarded licenses for all three gas fields in October.

Mansouriya, Siba and Akkas together hold 11 trillion cubic feet of gas, Hussain al-Shahristani, the deputy prime minister for energy affairs and Iraq's former oil minister, said in October during the auction of licenses for the three fields. Akkas, in western Anbar province, contains 5.6 trillion cubic feet of gas, al-Shahristani said in May.

The government is also negotiating an agreement with Royal Dutch Shell Plc and Mitsubishi Corp. on a $12 billion plan to develop and capture gas that is being flared off and wasted in southern Iraq.

"I am optimistic that we will reach a final agreement next week," Deputy Oil Minister Ahmed al-Shamma said today by phone from Baghdad.

The signing for this gas-capture project has been delayed since last June, when the government approved the creation of a venture to be called Basra Gas Co. State-owned South Gas Co. would have a 51 percent stake in the venture, with Shell holding 44 percent and Mitsubishi the remainder.

Iraq has signed 15 gas and oil licenses since the U.S.-led invasion overthrew former President Saddam Hussein in 2003. The government has asked companies to begin this month submitting bids for a new, fourth round of exploration rights.

To contact the reporter on this story: Nayla Razzouk in Amman at nrazzouk2@bloomberg.net

To contact the editor responsible for this story: Inal Ersan at iersan@bloomberg.net

Find out more about Bloomberg for iPhone: http://m.bloomberg.com/iphone/

Mohamed E. Shaheen from iphone

Wednesday, June 1, 2011

@CNNMoney, 01/06/2011 03:51 PM

CNNMoney.com (@CNNMoney)
01/06/2011 03:51 PM
RT @PoppyHarlowCNN: Prescription drug fraud hits medicare... see our camera go inside with the the LAPD. http://bit.ly/kDK7CX

Mohamed E. Shaheen from iphone