Factbox: Judge’s ruling on key provisions of the Arizona law

(Reuters) – Following are the key parts of U.S. Judge Susan Bolton’s decision on Arizona’s tough new immigration law, prohibiting some provisions from taking effect while allowing other portions to enter into force.

The law goes into effect on Thursday.

PROVISIONS BLOCKED FROM TAKING EFFECT:

* Would have required that an officer try to determine the immigration status of a person who they have stopped, detained or arrested if they suspect the individual is in the country illegally; and would have required verification of the immigration status of an individual before the person is released from custody.

* Would have authorized the arrest of an individual where there is probable cause the person has committed a crime that would make them eligible for deportation.

* Would have created a criminal statute for failing to apply for or carry immigration registration papers.

* Would have created a criminal statute for an illegal immigrant to seek, apply or perform work.

PROVISIONS ALLOWED TO TAKE EFFECT:

* Makes it illegal for a person to stop their vehicle to pick up a day laborer and for such a worker to get into a motor vehicle if they are impeding traffic.

* Bars Arizona officials from limiting enforcement of federal immigration laws.

* Permits legal Arizona residents to sue any state official or agency for adopting a policy restricting the enforcement of federal immigration laws.

* Makes it a separate crime for a person to transport or harbor an illegal immigrant or to encourage or induce that individual to come to or to live in Arizona.

(Reporting by Jeremy Pelofsky in Washington, Editing by Sandra Maler)

Abu Dhabi Islamic sees double-digit growth in H2 – CEO

July 18 (Reuters) – UAE lender Abu Dhabi Islamic Bank ADIB.AD expects to report “double digit” profit growth in the second half of the year, its chief executive said on Sunday.

“Our plan is to continue to show double digit growth for the rest of the year,” Chief Executive Tirad Mahmoud told Reuters.

The bank, the second largest Islamic lender in the UAE, posted a 56 percent rise in second-quarter profit earlier in the day as provisions fell. [ID:nLDE6650AH] (Reporting by Stanley Carvalho, Editing by Andrew Callus)

Chinese banks make more provisions for bad loans

July 14 (Reuters) – Chinese banks had made provisions equal to 186 percent of non-performing loans at the end of June, up from 178.2 percent at the end of May, China’s banking regulator said on Wednesday.

At the end of June 2009, the ratio was 134.3 percent.

Banks, including credit cooperatives, had set aside a total of 1.3 trillion yuan ($192 billion) against possible non-performing loans at the end of June, a rise of 49.9 billion yuan on the month.

Chinese banks made a record 9.6 trillion yuan in new loans last year, fuelling concerns that they were sowing the seeds of a new crop of bad debts down the road.

The China Banking Regulatory Commission has been pressing lenders to increase provisions and to boost their capital. ($1=6.772 Yuan) (Reporting by Zhou Xin and Alan Wheatley; Editing by Ken Wills)

Chile bank system profit up 53.3 pct in Jan-May

June 30 (Reuters) – Chile’s banking sector profit for the January-May period rose 53.3 percent from a year earlier on greater loans and interest margins, the Banking and Financial Institutions Superintendency said on Wednesday.

Financials

Bank earnings totaled 690.117 billion pesos ($1.297 billion) in the first five months of 2010. However earnings fell 9.3 percent in May compared to April due to lower returns from financial operations, and higher operating costs and provisions.

Santander Chile (SAN.N)(STG.SN), Chile’s largest bank, posted a net profit of 206.676 billion pesos ($388 million) in the period. The superintendency did not provide a year-ago figure.

The country’s No. 2 bank, Banco de Chile CHI.SN, earned 170.163 billion pesos ($320 million) in the five-month period, the superintendency said. ($1=532 pesos at end-May) (Reporting by Antonio de la Jara; Editing by Brad Haynes)

Vector Group Ltd. Extends Exchange Offer Deadline for 11% Senior Secured Notes in the Aggregate Principal Amount of $85 Million

MIAMI–(Business Wire)–
Vector Group Ltd. (NYSE: VGR) (the “Company”) today announced that it has
extended the expiration of its exchange offer from 5:00 p.m., New York City
Time, on Friday, June 4, 2010 to 5:00 p.m., New York City Time, on Friday, June
11, 2010. Pursuant to the exchange offer, the Company`s 11% Senior Secured Notes
due 2015 (the “new notes”) which have been registered under the Securities Act
of 1933, as amended, are offered for exchange for the $85 million of outstanding
11% Senior Secured Notes due 2015 which were issued on September 1, 2009 in a
transaction exempt from registration (the “old notes”).

As of 5:00 p.m., New York City time, on June 4, 2010, approximately $84,970,000
in aggregate principal amount of the old notes (or approximately 99.96% of the
old notes) had been tendered pursuant to the exchange offer. The exchange offer
has been extended in order to allow additional time for the holders of the
remaining $30,000 aggregate principal amount of the old notes to participate in
the exchange offer.

Except for the extension of the expiration date of the exchange offer for the
$85 million of outstanding 11% Senior Secured Notes due 2015, all other terms,
conditions and provisions of the exchange offer remain effective as of the date
hereof.

The Company`s exchange offer for its 11% Senior Secured Notes due 2015 that have
been registered under the Securities Act of 1933, as amended, in the aggregate
principal amount of $75,000,000, expired at 5:00 p.m., New York City time, on
Friday, June 4, 2010.

Questions concerning the delivery of appropriate documentation and the old notes
should be directed to the exchange agent, U.S. Bank National Association,
attention Specialized Finance Department, at (800) 934-6802.

The old notes have not been registered under the Securities Act of 1933, as
amended, and may not be offered or sold in the United States absent registration
or an applicable exemption from registration requirements. This press release
shall not constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of, these securities in any state in which such
offer, solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such state.

Vector Group is a holding company that indirectly owns Liggett Group LLC and
Vector Tobacco Inc. and directly owns New Valley LLC.

Sard Verbinnen & Co
Paul Caminiti/Carrie Bloom/Jonathan Doorley
212-687-8080

Copyright Business Wire 2010

Marandi appeals in vain to Supreme Court

New Delhi, May 20 (ANI): The Supreme Court on Thursday refused to give urgent hearing to the petition filed by Jharkhand Vikas Morcha-Prajatantrik (JVM-P) chief Babulal Marandi challenging Jharkhand Chief Minister Shibu Soren for holding the coveted post without being the member of the State assembly.

A vacation bench comprising Justices G S Singhvi and Chandramouli Prasad said that there was no urgency in the matter and that it would be heard during the routine course.

In his petition, Marandi has accused Soren of misusing the special provision under Article 164 (4) of the Constitution.
Marandi alleged that it is the third time Soren has apparently misused the provisions.

“As per provision of the said Section, Soren should become the member of the House within a span of 180 days, out of which he has stayed the CM for 140 days now,” Marandi had earlier said.

“The process of holding election takes 40-45 days but as Soren does not intend to become a member of the House, he is still holding the post. This is against constitutional norms,” he added.

Article 164 (4) enables an unelected person to become chief minister subject to the condition that he/she would get elected to the Assembly within six months. (ANI)

West Indies fined for slow over-rate in Barbados

Dubai, May 11 (ANI): The West Indies team has been fined for maintaining a slow over-rate during its 14-run victory over India in its Super Eight stage match in the ICC World Twenty20 at Kensington Oval, Barbados.

Match referee Jeff Crowe imposed the fines after Chris Gayle’s side was ruled to be two overs short of its target at the end of the match when time allowances were taken into consideration.

In accordance with the ICC Code of Conduct regulations governing minor over-rate offences, players are fined 10 per cent of their match fees for every over their side fails to bowl in the allotted time, with the captain fined double that amount.

As such, Gayle was fined 40 per cent of his match fee while his players received 20-per-cent fines. If Gayle, as captain, is guilty of two further similar over-rate offences in T20Is over the next 12 months, he will receive a one-match suspension as per the provisions of the code.

The offence is contrary to Article 2.5.1 of the code which relates to minor over-rate offences. The penalty was accepted by the West Indies without contest so there was no need for a hearing. (ANI)

Belgium calls on India, Pakistan, Israel to join NPT

United Nations, May 7 (IANS) Belgium has called on India, Pakistan and Israel to join the Nuclear Non-Proliferation Treaty (NPT) and to bring their nuclear posture ‘fully in line’ with the treaty.

Werner Bauwens, head of the Belgian delegation to the NPT Review Conference being held here, also called on other countries Thursday to ‘remain indefinitely committed’ to the treaty.

‘We call on India, Pakistan and Israel to join the NPT and to bring their nuclear posture fully in line with this treaty which has a truly universal vocation,’ Bauwens was quoted as saying by Xinhua.

‘We also call on all state parties to remain indefinitely committed to the treaty,’ he said.

Bauwens said Belgium’s strategy is an ‘effective multilateral approach to security’, that includes disarmament and non-proliferation, which provides the best way to maintain international peace and security.

Calling on Iran and North Korea to comply with the provisions of the NPT, Bauwens said their failure to do so threatens to undermine the international non-proliferation regime.

UPDATE 1-Bank Dhofar’s Q1 profit rises on deposits, loans

DUBAI, April 14 (Reuters) – Bank Dhofar BDOF.OM, Oman’s second-largest bank by market value, on Wednesday posted a 35 percent rise in first-quarter net profit as the group attracted more client deposits and lending increased.

First-quarter net profit increased to 8.84 million rials ($22.96 million), from 6.55 million rials a year earlier, exceeding analysts’ expectations for profit 7.67 million rials. [ID:nLDE63A0EI]

Banks in Oman, as elsewhere in the Gulf region, in the past year have booked more provisions against bad debt, dampening profits and curtailing credit growth.

Omani banks have remained well capitalised, however, and are expected to benefit from the sultanate’s forecast six-percent economic growth in 2010.

Bank Dhofar added that customer deposits had increased nearly 20 percent compared with the year-ago period, while net loans and advances were up 12 percent.

Oman’s largest bank by market value, Bank Muscat BMAO.OM, earlier on Wednesday posted a 49 percent drop in first-quarter net profit as provisions against bad loans remained high and the year-ago comparison figure was boosted by the gain on a stake sale. [ID:nLDE63B0FE] ($1=.3850 Omani Rial) (Reporting by Nicolas Parasie; editing by Simon Jessop)

HOLOGRAM. INDUSTRIES:Information on the Number of Shares and Voting Rights for the Month of March 2010

MARNE-LA-VALLÉE, France–(Business Wire)–
Regulatory News:

Monthly information on the number of shares forming the share capital of the
Company

and related voting rights presented in accordance with provisions of article L.
233-8 II

of the Commercial code and of article 233-16 of the AMF General Regulation

Company declaring:

Corporate name: HOLOGRAM. INDUSTRIES (Paris:HOL):

Head office: 22, avenue de l`Europe – Bussy Saint-Georges – 77607
Marne-la-Vallée Cedex 3

Registered under n° 325 020 733 R.C.S. Meaux

Euronext Paris (Code ISIN : FR0000062168)

Number of shares forming the share capital of the Company

Number of shares on the first day of the reporting period 5,385,320
Number of shares issued during the month under reporting 300
Number of shares cancelled during the month under reporting –
Number of shares on the last day of the reporting period 5,385,620

Number of voting rights

First day Variation Last day
of the month of the month

Total number of voting rights (net) 8,192,982 3,935 8,196,917
Company’s own shares 312,821 1,748 314,569
Other shares with no voting rights – – –
Total number of voting rights 8,505,803 5,683 8,511,486

HOLOGRAM. INDUSTRIES
Grégory WAGEMANS
Executive VP – CFO
Tel.: + 33 1 64 76 30 88
Mail: finances@hologram-industries.com

Copyright Business Wire 2010

Supreme Court rejects Sahabuddin”s plea

New Delhi, Mar 25 (ANI): The Supreme Court on Thursday dismissed the plea filed by Rashtriya Janata Dal (RJD) leader Mohammed Sahabuddin challenging the Bihar Government”s decision to conduct his trial in Siwan Jail with regard to the various criminal cases registered against him.

The apex court upholding the State Government”s decision to hold criminal trial against him in jail said the notification issued by the government and the Patna High Court is valid.

It added that even though the criminal cases require a public and open trial, in extraordinary circumstances it can be conducted within the jail premises.

Forty-two year old Sahabuddin is facing trial in over 40 criminal cases registered against him under various provisions of the Indian Penal Code. (ANI)

All India Muslim Personal Law Board opposes Communal Violence Bill

Lucknow, Mar 20 (ANI): The All India Muslim Personal Law Board (AIMPLB) is against the proposed Communal Violence Bill terming it as anti-Muslim.

Addressing the media in Lucknow, AIMPLB spokeperson Maulana Abdul Raheem Qureishi termed it as anti Muslim.

Elaborating on the agenda of the three-day annual conference, Qureishi said the Bill cannot be accepted in its present format, as it does not have provision for the accountability of the police and civic officials.

He said the provisions in the Bill would be discussed in detail during the conference.

The board will discuss means for effective implementation of Darul Qaza Islamic courts across the country, he said, adding that an effective and proper awareness programme would be held for Muslim fraternity in this regard.

The All India Muslim Personal Law Board maintained that the report of the Liberhan Commission cannot be accepted in totality. (ANI)

Explosives storage plan triggers fears

Residents in a small town south of Rockhampton have expressed concern about plans for an explosives storage depot.

The Rockhampton Regional Council has received an application for the depot close to the existing explosives plant at Bajool.

Mayor Brad Carter met residents this week and says the council will need to consider a range of issues before giving approval.

“Certainly safety in terms of these issues, the impact on traffic, the impact on the amenity of the area, the need for the impact on the need for services to support the site,” he said.

“All of the various planning requirements that are needed to be considered under the various planning provisions.

“The State Government legislation will certainly be fully explored as they always are with any council decisions on these sorts of matters.”

Cr Carter says there was concern arising from an incident at the explosives facility last year.

“The residents certainly raised the issue of a situation last year where the Bruce Highway was blocked by authorities because of the temperature rising in the facility there, and that certainly is foremost in their mind,” he said.

“And they certainly are very concerned about whether there are appropriate evacuation plans and evacuation strategies in place with the considerable quantities of explosives that are stored in that area.”

Parliament passes bill for better care of ancient monuments

New Delhi, March 16 (IANS) Parliament Tuesday passed a bill amending and making more stringent the law for protection of ancient sites and monuments and constituting an expert committee to look after their conservation.

The bill, which was passed by the Lok Sabha Monday, was approved by the Rajya Sabha Tuesday.

The bill, which seeks to replace an ordinance by President Pratibha Patil, aims to strengthen the Ancient Monuments and Archaeological Sites and Remains Act, 1958, and imposes stringent punishment on the violators of the act’s provisions.

The Ancient Monuments and Archaeological Sites and Remains (Amendment and Validation) Bill, 2010, piloted by Law and Justice Minister Veerappa Moily, stipulates that a minimum area of 100 metres in all directions of the protected monuments and sites shall be declared prohibited for purposes of construction and no private or public construction in the prohibited area will be allowed except those undertaken by the Archaeological Survey of India (ASI).

The ASI will be responsible for the upkeep, maintenance and management of the protected monuments and sites.

The bill says in addition to the 100 metres of prohibited area around the site, a minimum area of 200 metres in all directions of the protected site will be regulated.

No construction will also be allowed on these areas, ‘except in accordance and permitted by extent of the heritage bylaws’ which will have to be approved by the central government which might extend it more than 200 metres.

The bill recommends the constitution of National Monument Authority, an expert committee which will look after conservation of heritage.

Hinchliffe rejects sustainability criticism

Queensland’s Planning Minister has rejected suggestions the State Government is obstructing the Sunshine Coast Regional Council’s plan to make the region Australia’s most sustainable.

The council says the Government has scrapped sustainability features it put forward for the new Palmview residential development and for future housing in Maroochydore.

A local environment group says the Government is being obstructive and has shown its “true colours” on the issue of sustainable development.

Minister Stirling Hinchliffe says the Government is helping the council achieve its goal because the Building Act already includes a range of energy efficiency and sustainability provisions.

“I believe what we have in terms of our very high standards around five star energy efficiency requirements now, and moving towards six star as a State Government, that we’re helping facilitate that,” he said.

Hoon amendments on go slow claim opposition

The state opposition says the government has failed to act swiftly over proposed changes to WA’s hoon laws.

The Police Minister Rob Johnson said the proposed changes would protect vehicle owners who lend their car to a mechanic, provide it as a courtesy vehicle, or let a person test drive it.

However, Opposition spokeswoman for Police, Margaret Quirk says the government has not listed the bill for debate this week in parliament, ensuring it cannot be passed through parliament until next week.

A spokeswoman for Mr Johnson says it is normal procedure for a bill to lay on the table for three weeks.

But, Ms Quirk says the Government should be doing more.

“It’s normal for it to lay upon the table, however there are provisions in our standing orders that if the bill is treated as urgent it could be progressed through the parliament more speedily.”

Comment sought on council planning documents

The Port Macquarie-Hastings Council has completed a draft local environmental plan (LEP) and development control plan for the local government area.

The documents will go on public display for feedback from today.

The council’s Matt Rogers says the local environment plan will set in place the fundamental planning provisions for all properties.

“What they do is provide for zones that allow for particular uses of land or development to occur, like residential zones, commercial zones, industrial and rural, just to name the most common zones, and they also prescribe other requirements such as height limits on buildings and minimum lot sizes,” Mr Rogers said.

“This LEP and an accompanying development control plan which provides more detail about development design and other aspects of development will be on display for six weeks.

“We’ll be having a number of information sessions during that period and we encourage landowners to come in and talk to council’s planning staff.”

Home Secretary briefs over Commonwealth Games security arrangements

New Delhi, Sep 9 (ANI): The International Security Liaison Group in the Ministry of Home Affairs on Wednesday organised a security briefings on forthcoming Commonwealth Games going to be held in 2010.

Some 30 Heads Heads of Missions of the Commonwealth countries attended the briefing conference chaired by the Union Home Secretary.

Onkar Kedia, spokesman for the ministry, said that a three-tier foolproof security apparatus would be provided to players during the games.

“In the Heads of Missions conference the distinguished esteemed excellencies were informed about the provisions for the security during the Commonwealth Games. We told them about the security and other measures being planned for players during the games. We told them that a three-tier security will be arranged and they looked quite convinced with our plan of action,” said Kedia.

The Ministry of Sports and the Organising Committee also gave presentations on the status of infrastructure and logistics respectively, while the IB and the Delhi Police gave presentations on the security arrangements for the Commonwealth Games.

The International Security Liaison Group will hold another 2-day international conference of the security liaison officers of the participating countries and the Commonwealth Games Associations on September 23 and 24.

Some 9000 athletes and officials of 52 Commonwealth countries are likely to participate in various events during the Games. (ANI)

Maharashtra Govt. challenges revocation of MCOCA provisions in Malegaon blasts case

Mumbai, Aug 24 (ANI): The Maharashtra Government has filed an appeal in the Bombay High Court challenging the revocation of the Maharashtra Control of Organised Crime Act (MCOCA) provisions in the September 2008 Malegaon blasts case.

The court will hear the matter on September 8. It asked the state to serve a copy of the appeal to the 11 accused.

On August 2, Maharashtra Chief Minister Ashok Chavan said that his government would challenge the verdict given by the Special Court to drop the charges under MCOCA framed against the 11 accused of the Malegaon blast, in the Supreme Court.

Earlier, a Special Court in Mumbai had dropped provisions of the MCOCA invoked against Sadhvi Pragya Singh, Lt Col Prasad S P Purohit and other accused of September 2008 Malegaon bomb blast.

The Court in its verdict observed that none of these accused are part of an organised crime group.

The court also ordered the trial will be heard in a regular Nashik court and that the accused can now become eligible for regular bail.

The Malegaon blast investigations were the first instance of an official probe, which charged a Hindu terrorist group with involvement in serial blasts. (ANI)

Two ex-President Bodyguards get life term in Budha Jayanti Park gang rape case

New Delhi, Aug 22 (ANI): A Delhi court on Friday sentenced two former members of the President’s Bodyguard to life imprisonment in connection with the 2003 Budha Jayanti Park rape case.

The court also sentenced two other convicts to ten years each in prison.

On August 17, Additional Sessions Judge S.K. Sarvaria held Harpreet Singh, Satyender Singh, Kuldeep Singh and Manish Kumar of the elite President’s Bodyguard guilty of gang rape, kidnapping and robbery under the various provisions of the Indian Penal Code (IPC).

Of four convicts, Satender and Harpeet who were convicted of gang rape, abduction and robbery will get life imprisonment, while Kuldeep and Manish, who were convicted for abduction, robbery and common intention, have been sentenced for ten years of imprisonment.

The court acquitted Kuldeep and Manish, of the charges of gang rape.

The victim, a 17-year-old student of the Delhi University, had gone with her friend to the park – which is located near Rashtrapati Bhavan on October 6, 2003.

The prosecution alleged that Harpreet and Satender raped her while the other two kept guard.

The incident shocked the national capital six years ago.(ANI)