Commentary: How America Bears Responsibility for Libya's Slave Auctions

Commentary: How America Bears Responsibility for Libya's Slave Auctions

The story of slavery in Africa, like slavery in so many other parts of the world, is a painful chronicle whose origins go back centuries. It's not a new phenomenon. But the issue got a rush of new attention recently, when video of an apparently open-air slave market in Libya appeared on CNN.
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International Business Machines Corp. Has 2 Attractive Faces

Over the trailing 10-year period, the IBM stock price has gained only 41%. Granted, nobody is buying shares in the hopes that it will pull a bitcoin. Still, it's a pretty rough performance. Additionally, new investors who bought in five years ago are staring at a 20% loss. Some of the IBM news items also must
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Why People Are Giving This Man Almost $2 Million in Free Bitcoin

Even though bitcoin prices have reached over $15,700, some users are quite literally giving it away to one man, mapparently making an overnight millionaire of an early bitcoin advocate who says he only just recently paid off his debts. After revealing in late November he had not profited off bitcoin's
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Here's how you avoid the mortgage credit check trap

Shopping around for a mortgage makes sense. However, there are drawbacks. Too many applications for credit can leave a damaging “footprint” on your credit score, which can count against you if you decide to seek a better deal with another lender. In response to this, Santander has announced that it
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Real Estate Confidential: First-time home-buying on Martha's Vineyard

When I discuss “a good time” to buy real estate, many Island home buyers on Martha's Vineyard will roll their eyes and think I must be talking about another universe. Not so! I hate to pick a dollar number as a cutoff because there are always “tear downs” you can find at the low end of the market selling
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Bitcoin's Future Is All Mapped Out

We can only imagine what would happen in the USA if the now explicit guarantee behind Fannie Mae and Freddie Mac were removed. What state would the financial sector be in now if the EU and UK had not stepped in to backstop it during what was dubbed a sovereign debt crisis but was in fact a
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Centralized Lending Credit QA Consultant – Flexible Location

SunTrust has a career opportunity for a Centralized Lending Credit QA Consultant in Flexible Location; Richmond, Atlanta, or Orlando.
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Call for rationalisation of GST

The twin landmark reforms of RERA and GST have resulted in a short-term disruptive impact on the real estate. The 'flawed' implementation of GST, however, has adversely impacted the already floundering real estate. Though the government has brought relief by addressing some of the contentious
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Nonbank mortgage employment continues to slide

Nonbank mortgage employment continued to drop in October, according to the Bureau of Labor Statistics. Nondepository mortgage lenders and brokers cut 1,500 workers from their payrolls in October, bringing total employment in the sector to 340,600 from 342,100 in September, the Bureau of Labor
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Hungarian Ruling Party Lawmaker Mocks Soros With Image of Dead Pig

A lawmaker from Hungarian Prime Minister Viktor Orban's ruling party posted a photo of a dead pig on Facebook with a partially veiled reference to billionaire George Soros, who said the government was using Nazi-era propaganda tools to spew hate. The photo, which Fidesz lawmaker Janos Pocs said
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S&U says 'responsible lending' has transformed financial markets

Anthony Coombs, Chairman of S&U (LON:SUS) tells Proactive he is confident about his company's future and says current trading is very good despite warnings by forecasters, who he says, are “sometimes right and sometimes wrong”. Following Brexit deal headlines today Anthony also underlines the
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New Sex-Trafficking Bill Soothes Tech Industry's Concerns

The revised bill, which was originally introduced by Republican Ann Wagner from Missouri, targets sites like Backpage.com over its alleged role in providing an advertising platform for teen prostitution. The site has used longstanding federal protections that shield web platforms from liability for content
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Term Sheet — Friday, December 8

Let's wrap up the week with a quick overview of China's investment outlook. I spoke with Hans Tung, a managing partner at GGV Capital. Tung has been a U.S.-China investor for more than a decade. His portfolio includes Xiamoi, Airbnb, Wish, and muscal.ly. I spoke with Tung about some of the
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Max Levchin's lending startup is heading for unicorn territory

Affirm, the personal credit startup led by PayPal co-founder Max Levchin, has filed a stock authorization form in Delaware that would allow it to raise up to $210 million in new funding at around a $1.4 billion pre-money valuation. That would be about twice what the San Francisco-based company was
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Three Points on the Mortgage Interest Deduction

The value of the MID can lead to higher home prices, allowing the economic benefits to flow to home builders and realtors. Capping the mortgage debt limit at $500,000 and disallowing the deduction for second homes would result in a tax increase that falls primarily on high-income taxpayers, with the
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Iberiabank to pay US $11.69 mln over mortgage guarantee claims

WASHINGTON, Dec 8 (Reuters) – Iberiabank Corp and two subsidiaries agreed to pay $11.69 million to resolve allegations they submitted false claims for federal loan guarantees on mortgages, the U.S. Justice Department said on Friday. Between Jan. 1, 2005, and Dec. 31, 2014, the Lafayette,
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'This Is a Growth Product.' Scratch-and-Win Lottery Ticket Sales Are Going Gangbusters

Amid the relentless march to all things digital, a 110-year-old Canadian company has found a golden ticket in its printing presses. Shares of Pollard Banknote Ltd. have more than doubled this year as demand for its instant scratch-and-win lottery tickets surges. The company, the world's second-largest
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House flipping falls to two-year low in third quarter

The average return on investment for house flippers of single-family homes and condos in the third quarter fell to the lowest average gross flipping ROI since the second quarter of 2015, according to Attom Data Solutions. Homes flipped in in the third quarter yielded an average gross profit of $66,448,
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Canadian Housing Starts Trend Sees Large Gain in November

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of Canada's housing market. In some situations analyzing only SAAR data can be misleading, as they are largely driven by
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Japan banks' lending up 2.7% in November

Japanese banks' lending rose to ¥518.1 trillion in November, up 2.7% year over year after 2.8% growth in October, preliminary data from the Bank of Japan showed Dec. 8. Excluding shinkin banks, or credit unions, lending gained 2.7%, to ¥450.5 trillion. This compared to a 2.8% rise in October. Lending
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