The US recently fined HSBC a record $1.9 billion, but – unlike Argentina – did not pursue criminal charges.
In Myanmar (Burma) the tide of democracy is growing. But Aung San Suu Kyi rightly cautions foreign investors that the country still has no ‘rule of law.’ The US must continue to support those working to further human rights and civil society while carefully watching Burma's generals.
Iran thwarts economic sanctions through loopholes in international shipping regulations. 'Classification societies' give certifications (access to ports and international trade) to both Iranian and US vessels. These groups must end their conflicting role, which supports Iranian commerce.
Congress must act by Sept. 30 or the US Postal Service, running out of funds, will default on a $5.5 billion payment for retiree health benefits, US Postmaster General Patrick Donahue said Tuesday.
At the hearing on 'radicalization in the American Muslim community,' Rep. Peter King takes particular aim at the CAIR, the largest US Muslim civil-rights organization.