It is almost 10 years since the onset of the global financial crisis, and yet the world is more polarised between rich and poor and politically more unstable, writes Tom Bramble. ———- When the US property market began to sink in 2007, few people foresaw what was about to transpire. The US financial system, which…
With Super Bowl 50 barely a week away, a San Francisco high school football star who played with the 49ers and then the Denver Broncos was one of 23 co-defendants named in a federal indictment alleging they ran a violent sports gambling and drug trafficking ring. Derek Loville, an Archbishop Riordan High School graduate, was…
The year is off to a turbulent start; both in the UK, and around the world. January saw oil prices plummeting, while Chinese growth slowed, spooking investors (but surprising none). But amid the turmoil and confusion of global stock markets, there are a few economic trends which look set to hold sway throughout 2016. Heres…
SAN DIEGO (CNS) – Nineteen suspects were taken into custody today in San Diego, Los Angeles and Orange counties and several other U.S. cities in an investigation into an alleged international drug trafficking and illegal gambling ring led by a former University of Southern California athlete. The arrestees are among 22 people charged by a…
The FBI have praised Australian police for helping them smash an alleged drug and illegal gambling ring. Picture: Getty THE FBI and US prosecutors have praised Australian authorities for helping smash what they allege was an international narcotics trafficking and illegal gambling ring. Owen Hanson Jr, a former college gridiron player already wanted in Australia…
Real estate magnate Donald Trump, who earlier said his native New York had become a “cesspool of corruption and incompetence,” promises “there won’t be stupid deals anymore” once he’s elected president. by Timothy O’Brien Here comes Donald Trump, again and again touting his prowess at dealmaking. There goes Donald Trump, again and again touting his prowess…
Republican presidential candidate and New Jersey Gov. Chris Christie took some time away from the campaign trail Tuesday to announce a new plan to rescue the beleaguered gambling town of Atlantic City, which was expected to face bankruptcy by April should no action be taken. Christies plan, made with state and municipal lawmakers at his…
New Jersey Governor Chris Christie on Tuesday called for a revised plan to rescue Atlantic City, including proposals for a takeover and new revenue sources. The plan, which Christie introduced with state Senate President Steve Sweeney and Atlantic City Mayor Don Guardian by his side, combines elements of previous plans to save the distressed gambling…
Matt Torcasio has quit gambling with the help of girlfriend Lauren Britt and the Victorian Responsible Gambling Foundation. Photo: Justin McManus Matt Torcasio was an 18-year-old apprentice plumber when he started sinking his weekly pay packet into the pokies, online sports betting and trackside at the horse races. There were some early big wins a…
Bond investors are calling New Jerseys actions to control Atlantic Citys teetering finances bizarre and confusing as the mayor says bankruptcy may be its best option. In just the past week, theres been a flurry of moves: –Governor Chris Christie rejecting measures that would have kept Atlantic City solvent past April, even after Democrats made changes…
