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...critical point in the intense U.S.-Swiss negotiations that took place this past summer to get the names of U.S. taxpayers who were part of a massive tax evasion program, things suddenly took a nasty turn...
...offer to wear a wire is an unusual one but not without precedent. According the Wall Street Journal, former hedge fund manager David Slaine agreed to wear a wire as part of a plea agreement related to insider trading charges. He reportedly wore the wire for more than one year, acting on the instruction of the U.S. Attorney's office, and produced evidence that is now part of U.S. charges against 21 individuals, including hedge fund Galleon Group founder, Raj Rajaratnam, who has pleaded not guilty...
...Resorts World Sentosa executives, for their part, say they were aware of the local entrance fees before they bid for the casino. They counter that they have a diverse range of entertainment offerings, including the Universal Studios theme park as well as fine dining and hotels, and so are not solely reliant on gaming. (Local families who elect to only visit Universal Studios and not gamble, for instance, would not have to pay the casino entrance fee.) "Resorts World is on track to reach its target of 13 million visitors in its first year of operations," says Robin Goh, Assistant...
...based in New Delhi. Activists say, however, that the refinery has adversely affected nearby land and water. But because people on that land were not displaced, very few of them are eligible for the land grants, jobs or other assistance provided under resettlement policies. Vedanta's Kumar, for his part, says the refinery is a "zero-discharge facility" that does not cause any damage...
Worse, Kumaritashvili's death may have been preventable. Yes, luge is an inherently dangerous sport in which sliders can approach speeds reaching 90 m.p.h. The speed is part of its allure, and the rush of the event is what attracts audiences. However, throughout this week's training runs, athletes have voiced their concern about the safety of the Whistler track, which is the fastest in the world; last February, a German athlete was clocked traveling more than 95 m.p.h. during a luge World Cup test event. Over the past week, about a dozen athletes have crashed during luge training here...