New York State Law Raises Eyebrows on Wall Street Amid Emerging Markets Debt Crisis

As the global emerging markets debt crisis continues to escalate, a proposed bill in New York State has garnered attention from both debt justice campaigners and financial institutions. Senate Bill S4747, known as the NY Taxpayer and International Debt Crises Protection Act, aims to support international debt relief initiatives for developing countries by introducing limits …

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Federal Judge Requires Lawyers to Certify Human Drafting in Response to AI-generated Filings

In a groundbreaking move, a federal judge in Texas has mandated that attorneys appearing before him must sign a pledge affirming that their legal filings were drafted by humans and not solely by artificial intelligence (AI) tools. U.S. District Judge Brantley Starr of the Northern District of Texas issued the requirement on Tuesday, in what …

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Far-Right Oath Keepers Members Set to Face Sentencing for Sedition in US Capitol Attack

WASHINGTON – Two additional members of the far-right Oath Keepers militia group are poised to be sentenced on Thursday for their involvement in seditious conspiracy and other crimes stemming from the January 6, 2021, assault on the U.S. Capitol by fervent supporters of then-President Donald Trump. Federal prosecutors have requested that U.S. District Judge Amit …

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Tabby, Dubai-Based Buy Now, Pay Later Startup, Raises $350 Million in Debt Financing to Propel Growth

Dubai-based Tabby, a prominent player in the buy now, pay later sector, has recently secured an impressive $350 million in a debt financing round, spearheaded by Partners For Growth (PFG), a leading American investment firm. The substantial injection of funds is poised to drive Tabby’s ambitious growth initiatives and cement its position as a key …

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UAE Introduces New Visa Policy Allowing Tourists to Extend Stay from Within the Country

DUBAI — In a move aimed at enhancing its tourism sector, the United Arab Emirates (UAE) has recently implemented a groundbreaking change to its entry permit procedures, enabling tourists visiting on a 30 or 60-day visit visa to extend their stay within the country for an additional 30 days. The decision, initiated by the Federal …

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UAE Introduces New Decisions on Corporate Tax Regulations for Free Zones

The United Arab Emirates (UAE) Ministry of Finance (MoF) has recently unveiled two significant decisions that outline the key aspects of the corporate tax framework concerning juridical persons operating within the country’s free zones. These developments, including Cabinet Decision No. 55 of 2023 on Determining Qualifying Income and Ministerial Decision No. 139 of 2023 on …

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Man Convicted After 11-Year Trial for Raping Minor in Srinagar, Jammu and Kashmir

A Court in Srinagar has finally convicted a man for the rape of a minor girl from the Soura area in 2012, marking the end of an 11-year trial. The presiding officer of the 2nd Additional Session Judge, Renu Dogra Gupta, deemed the crime a “crime against society” and delivered a scathing indictment of the …

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Foreign Nationals Allowed to Practice Law in India, Says Delhi High Court

In a groundbreaking ruling, the Delhi High Court declared that foreign nationals can now be enrolled as advocates in India, provided that Indian citizens are granted the same privilege to practice law in their respective countries. The court’s decision challenges the authority of the Bar Council of India (BCI) and State Bar Councils to debar …

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AFT Orders Disability Pension to Army Personnel Injured while Procuring Railway Tickets to Return to Posting, Citing it as ‘Incidence of Service’

In a recent ruling by the Armed Forces Tribunal (AFT), disability pension has been granted to an army personnel who was injured while procuring railway tickets to return to their posting. The AFT declared this incident as an “Incidence of Service,” recognizing the individual’s commitment and dedication to their duties. The decision was made in …

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Delhi Court Rules Press Must Exercise Caution in Publishing Defamatory Material

A Delhi Court has recently emphasized the importance of responsible journalism, stating that the press should not exceed the boundaries of fair comment. The court ruled that the press must refrain from publishing anything that is clearly defamatory towards individuals or institutions unless it is verified and supported by sufficient evidence, with the intention of …

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