Unthinkable? Not privatising Royal Mail | Editorial

The traditional reason for flogging the service was that it was a financial basket case. Not any moreIf ministers get their way, our postal services will be sold off within a year. Details of the privatisation are taking shape: Goldman Sachs and UBS will be in charge of a consortium of investment banks providing advice […]
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We’re all upset about Baby 59. So what else do we agree on? | Zoe Williams

The more we rely on very clear moral markers for our sense of ideological community, the fewer questions we can askOn Sky News last night, as the Zhejiang baby in the pipe, Baby 59, lay incubated, away from the hurly burly of his beginnings, the anchor Anna Botting and pundit Jonathan Maitland were arguing about […]
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Walmart pleads guilty to dumping hazardous waste in California

Walmart to pay $81m as part of the plea after admitting dumping pollutants from stores into drains in 16 California countiesWalmart, which has endured a year of bad publicity around its US labour relations and working conditions in its overseas supply chain, on Tuesday pleaded guilty to dumping hazardous waste in numerous sites in California.The […]
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After the McAlpine libel case, maybe we need a time limit on damages

Perhaps it’s time to impose a rule that the more quickly allegations are withdrawn, the lower the damages should beNo libel victim in memory has been cleared more comprehensively or swiftly than Lord McAlpine. A Newsnight bungle at the start of a single week was turned to overwhelming apologies by its end.McAlpine had a very […]
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HSBC faces court threat as deal on money laundering charges stalls

Judge may take action that could leave HSBC facing a criminal prosecution and threat to its ability to do business in the US HSBC’s controversial $1.9bn (£1.6bn) settlement deal with the US authorities over money laundering charges has stalled after a row between the justice department and the judge overseeing the case.The deal – known […]
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Abdel Hakim Belhaj torture case may be heard in secret court

Claim against Jack Straw, brought by Gaddafi victim and his wife, may be heard in secret under new Justice and Security ActOne of the first cases to be heard by the government’s new generation of secret courts may be a claim brought by a Libyan dissident who was kidnapped along with his pregnant wife and […]
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Uncertainty emerges over size of Co-operative Bank’s capital shortfall

Analysts at Barclays calculate Co-op – whose debt has been downgraded to junk – could need £1.8bn in worst case scenarioUncertainty about the size of the capital shortfall at the Co-operative Bank has emerged after one forecast put the gap, in a worst case scenario, at £1.8bn.Analysts at Barclays calculated that while there had been […]
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Guatemala’s former dictator Efrain Rios Montt battles genocide charges

Eighty-six-year-old denies he was complicit in rape, torture and murder of indigenous civilians by troops during his rule in 1980sFormer Guatemalan dictator Efrain Rios Montt has made a last-gasp effort to assert his innocence as judges prepared to rule on the charges of genocide and crimes against humanity that he faces.Breaking the silence he has […]
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Letter: Another mis-selling scandal

The news that 250,000 interest-only loans cannot be repaid is not as simple as it appears (Interest-only mortgage warning: 1.3 million homeowners risking retirement dream, 2 May). There is a growing body of evidence that interest-only mortgages were sold to people who would have been quite capable of discharging a repayment mortgage. There is also […]
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