The Global Lawyer: Terror plaintiffs still have friends in Washington
By Michael D. Goldhaber, From The Am Law Daily Petrodollars just don’t buy what they used to on Capitol Hill. The U.S. Senate on Tuesday unanimously passed the Justice Against Sponsors of Terrorism Act, defying a five-week lobbying campaign by…
Saudi Arabia owns $117 billion of U.S. debt [Cayman Islands owns $265 billion of U.S. Treasuries]
by Matt Egan From CNN Money One of the biggest mysteries in global finance was just revealed: How much U.S. debt Saudi Arabia owns. Saudi Arabia stockpiled $116.8 billion of U.S. Treasuries as of March, the Treasury Department announced on…
Oil rout over, OPEC aims for $50 anchor, says PIRA’s Ross
From Newsmax Major OPEC producers are privately starting to talk about a new oil price equilibrium of $50 a barrel, adding to signs that the market’s long, deep rout is officially over, says one of the industry’s leading prognosticators. Gary…
China’s market crashes, sets off panic selling in Europe, US
From Newsmax Financial markets are starting 2016 in turmoil as a rout in China rekindled concern that slowing growth there will spread, while tension between Saudi Arabia and Iran added to geopolitical unease. Global equities crumbled toward the worst opening…
Saudi Arabia cuts ties with Iran after protesters attack Tehran Embassy over executions
From Newsmax In a significant escalation of tensions, Saudi Arabia cut ties with Iran and expelled the Islamic Republic’s diplomats, a day after its embassy in Tehran was attacked to protest the Saudis’ execution of a prominent Shiite cleric. Iran’s…
Photo shows Tashfeen Malik and Syed Farook entering the U.S
By Megan Specia From Mashable As investigators continue to unravel the story of Syed Farook and Tashfeen Malik, a photo has surfaced of the San Bernardino shooters setting foot onto U.S. soil for the first time together. The photo, obtained…
Judge eliminates claims against Saudi Arabia in 9/11 case
By Mark Hamblett, From New York Law Journal A federal judge has thrown out claims by family members of victims of the Sept. 11, 2001 attacks seeking to hold Saudi Arabia liable for assisting the hijackers. Southern District Judge George…
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Private school plays host to Cayman Islands international cricket team for a day
Douglas Patient, Reporter, covering Wanstead and Woodford. From Guardian A private school played host to an international cricket team, with a former pupil part of the squad, this weekend. The Cayman Islands cricket team spent the day training at Forest…
Al-Qaida fighters take control of Fallujah as Iraq army attacks
From newsmax Al-Qaida-linked militants held control of much of the Iraqi city of Fallujah and other nearby towns, fighting off efforts by troops with air support to regain control, according to a witness. The al-Qaida fighters have seized military equipment…
