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From the article:
Reuters - "Extortion by corrupt officials in Russia has got so bad that some Western multinationals are considering pulling out altogether, the head of a U.S. anti-bribery group said in an interview."
Posted by: Chef on Mar. 15, 2010 (9:28 am EST)
Editor's summary:
Following the murder of three people connected to the U.S. Consulate in Mexico's deadliest city, Ciudad Juarez, on Sunday (3/14), the U.S. State Department issued a new Travel Warning for its neighbor to the south.
This latest Travel Warning supercedes one issued just last month to update information about security incidents and to authorize the departure of the dependents of U.S. government personnel from U.S. consulates in the Northern Mexican border cities of Tijuana, Nogales, Ciudad Juarez, Nuevo Laredo, Monterrey and Matamoros until April 12.
The full Travel Warning can be found on the State Department website here.
Posted by: Chef on Mar. 15, 2010 (8:07 am EST)
Editor's summary:
As much as 90% of Chile's population was plunged into darkness Sunday night when a massive power outage struck. The blackout covered an area that included the capital Santiago, and the earthquake-devastated city of Concepcion.
Dow Jones is reporting that the head of the National Emergency Office said that 98% of the power was restored by early Monday morning and the cause of the outage was a power substation glitch.
Posted by: Chef on Mar. 15, 2010 (7:36 am EST)
Editor's summary:
On Friday the FDIC announced the closing of three banks. With the failure of these institutions in Louisiana, Florida and New York, thirty banks in all have been shut down in 2010 so far.
Posted by: Chef on Mar. 13, 2010 (11:04 am EST)
Editor's summary:
There has been a string of robberies at luxury hotels in Cape Town, South Africa in which thieves are stealing from room safes. The safecrackers are believed to be hotel employees who can defeat the safes' electronics without leaving any evidence of tampering.
Elsafe, which manufacturers the affected safes, has a brief security alert for hotels using its safes posted on its website here
With South Africa hosting the FIFA World Cup this summer, these thefts are certainly the kind of problem the nation's hospitality industry doesn't want to have to address.
Posted by: Chef on Mar. 13, 2010 (6:20 am EST)
Editor's summary:
The UK's Centre for the Protection of National Infrastructure delivered its annual cybersecurity report to the Parliament's Intelligence and Security Committee this week. The Telegraph reports (link below) that in this meeting one of the key pieces of testimony was that "foreign intelligence services have successfully compromised the security of many large British companies".
Posted by: Chef on Mar. 12, 2010 (11:02 am EST)
Editor's summary:
The Union representing British Airways flight attendants announced on Friday (3/12) its intention to strike over two consecutive weekends in March.
Unite says that walkouts are planned March 20 - 23, and March 27 - 30. And that future labor action could be taken after April 14.
It is being reported that Unite's decision has forced British Airways has withdraw its latest compromise proposal.
From the article:
Guardian.co.uk - "BA's move means strikes are certain to go ahead next Friday unless the tentative lines of communication between both sides, described as "slender" by one source close to the talks, yield a new compromise."
Posted by: Chef on Mar. 12, 2010 (10:13 am EST)
From the article:
Wired.com - "The European Parliament delivered a political blow to Hollywood and the Obama administration, voting Wednesday 663 to 13 in opposition to a proposed and secret intellectual property agreement being negotiated by the European Union, United States and a handful of others."
Posted by: Chef on Mar. 12, 2010 (9:29 am EST)

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