Month: March 2016

Turkish president vows to send laywers after those who insult him

Turkish President Tayyip Erdogan warned on Thursday that he will continue to sue critics who insult him in Turkey, where journalists and other critics of the president have been imprisoned. He issued the admonition in Washington, a day before a hearing in Istanbul resumes in the trial of two high-profile Turkish journalists. “I would  each and …

Quiz of the week's news

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John Doerr to Step Aside and Become Chairman at Kleiner Perkins

Photo John Doerr in 2011. Mr. Doerr is stepping back from the day-to-day management of his firm. Credit Matt Rourke/Associated Press SAN FRANCISCO — John Doerr, one of Silicon Valley’s most prominent venture capitalists, is stepping back from the day-to-day management of his firm, Kleiner Perkins Caufield & Byers, in a changing of the guard. Mr. …

Brazil charges Safra with corruption

©Bloomberg Brazilian prosecutors have filed corruption charges against billionaire Joseph Safra, said by Fortune magazine to be the world’s richest banker, and five others for involvement in an alleged scheme to pay off government tax auditors. The financier, who owns London’s Norman Foster-designed “Gherkin” skyscraper, is alleged to have known of a plan by executives at …

UPDATE 1-Libya sanctions shift possible when unity gov't controls fund -UN

UNITED NATIONS The U.N. Security Council said on Thursday it was ready to consider changes to sanctions on Libya’s sovereign wealth fund once a unity government confirms it has control of it, along with the National Oil Corporation and the central bank. The 15-member council imposed an asset freeze on the Libyan Investment Authority (LIA) in …