Minority shareholders of embattled Russian oil company Yukos have begun to coordinate their efforts to ensure that losses incurred after Russia's dismantling of the oil company will be recouped. Shipston Group, a Bahamas-based investment fund, is coordinating the efforts and Shipston's manager said Thursday that the minority shareholders are seeking to be given a proportional [...]

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The Supreme Court of Canada Thursday unanimously upheld Quebec language legislation known as Bill 101 , which makes French-speaking parents send their children to francophone schools. Under the bill, parents must have received the majority of their own schooling in English to be able to have their children educated in that language. Eight families had [...]

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The World Bank has unanimously approved the nomination of US Deputy Defense Secretary Paul Wolfowitz as the next president of the 184-nation development bank. Wolfowitz was seen as a controversial choice because of his role as architect of the Iraq war and his support of overseas harsh governments. Wolfowitz sought to dampen criticism by saying [...]

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The Organization for Security and Cooperation in Europe on Thursday called on ousted Kyrgyz President Askar Akayev to resign his post to ensure stability in the Central Asian country. Akayev has given conflicting messages on whether he would resign as leader or seek to retain the position following a week of turmoil. OSCE also warned [...]

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Leading Thursday's corporations and securities law news, Canada has retaliated against several US goods by levying a 15% surtax on cigarettes, oysters, and live swine. The action is a response to the Byrd Amendment which allows American companies to keep the proceeds that Washington collects in anti-dumping disputes. Canada and other countries say that the [...]

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