BRUSSELS — Europe banned the import of Iranian oil Monday and froze Europe-based assets of the Central Bank of Iran, intensifying an international campaign to choke Iran’s economy and force the radical Islamic government to dispel fears that it is working to develop nuclear weapons. Read full article > >

Continue reading here:
Europe bans Iranian oil imports in push to curtail nuclear program

The prices of financial assets, which in normal conditions move in unpredictable directions, are increasingly surging up or down in lockstep.

Read the original:
When Investors Rush In, and Out, Together

European regulators have ordered banks to raise capital and shrink their balance sheets, leading to the sale of assets to American businesses and financial firms.

See original here:
U.S. Firms See Europe Woes as Opportunities

As U.N. unfreezes assets.

Continued here:
Leon Panetta Visits Libya

To acquire Chris Paul, Los Angeles is sending the Hornets four of its top assets: guard Eric Gordon, forward Al-Farouq Aminu, center Chris Kaman and a 2012 first-round draft pick.

See the rest here:
With N.B.A’.s Approval, Chris Paul Is on Way to Clippers

Even had it succeeded, the supercommittee would have failed. Ultimately, the only way to control federal spending and deficits is to suppress the upward spiral of health costs. These are already the budget’s largest single expense ( 27 percent in 2010, compared with 20 percent for defense), and their continued rapid growth, combined with the scheduled introduction of Obamacare, will soon bring them to nearly one-third. The supercommittee didn’t have the time or staff to solve a problem as contentious and complex as health care. Read full article > >

More:
A grim diagnosis for our ailing health care system

Government assets will be frozen.

Read the original:
Arab League Sanctions Syria

Proposed economic sanctions include barring airline flights and freezing assets — all in response to the Syrian regime's crackdown on civilian demonstrators.

Read this article:
Arab League considers Syria sanctions

BEIRUT — The Arab League told Syria on Thursday that it has one day to agree to allow international observers into the country to monitor ongoing violence or it could face sanctions. The organization has previously extended the deadline for the government to accept the observers’ mission but rejected Syria’s suggested changes to the plan. The sanctions could include freezing assets and stopping financial dealings. Read full article > >

See the original post:
Arab League gives Syria one more day to allow in observers or risk sanctions

BEIRUT — An Arab League committee on Thursday gave Syria 24 hours to agree to allow an observer mission into the country, or it could face sanctions that include stopping financial dealings and freezing assets. The bloodshed in the country continued, with activists reporting at least 15 people killed, including civilians and security forces. Read full article > >

Read more:
Arab League gives Syria 1-day ultimatum to allow in observers or it could face sanctions

Justice Department officials are trying to seize more than $70 million in assets — including a Malibu mansion and Michael Jackson memorabilia — owned by the playboy son of the dictator of Equatorial Guinea. Prosecutors filed civil forfeiture complaints against Teodoro Nguema Obiang Mangue and moved to seize a variety of valuables, including a 2011 Ferrari 599 GTO worth $533,000, collectibles and clothing valued at $1.8 million that were once owned by pop star Michael Jackson, a $38.5 million Gulfstream G-V business jet, and a house purchased for $30 million on 12 acres of property in Malibu, Calif. Read full article > >

Read more from the original source:
U.S. trying to seize more than $70M from dictator’s son over alleged corruption

Some of the trickiest cases Bethesda divorce lawyer Deborah Luxenberg has handled come with a twist: The couples in question never married. They’ve paid the rent together, flossed their teeth side by side and shopped for the perfect couch. Maybe even had a kid. But they chose not to tie the knot. And when they decide they want to untangle their lives and get their fair share of combined assets, they come to divorce lawyers like Luxenberg for help. Read full article > >

Continue reading here:
If you don’t get married, it’s hard to get a divorce

A judge who froze £480,000 of Rangers assets says the club’s new owner recognises it may go under if it loses a disputed £49m tax claim.

Link:
Gers ‘recognise insolvency risk’

How will Rick Perry do in tonight’s presidential debate? Mitt Romney likes to call Perry a “ career politician ” — which means he has been in plenty of opportunities to debate during his long political career.  According to the Austin American-Statesman , he has had five debates as Texas governor and “in each case [Perry] has entered and exited the favorite — ‘no knockout blows’ is a line often used in next-day news coverage.”     The best way to preview how Perry might perform tonight is to watch some of the highlights of his two most recent debates, which took place last year during the 2010 Republican gubernatorial primary. (Perry did not debate his eventual Democratic opponent in the general election.)  I’ve posted the videos below.  Because these debates are so recent, many of the issues that Perry’s Republican opponents raise here are the same ones his Republican opponents might raise tonight — including his jobs record in Texas; his position on immigration and border security; his governor’s enterprise fund; and allegations that he raised taxes and supported the Troubled Assets Relief Program. Perry answers these charges and levels a few of his own.  Read full article > >

Here is the original post:
Marc A. Thiessen:
Can Perry debate? Watch some clips from his past.

It was only two years ago that there was a spirited debate about whether to break up the country’s biggest banks so the government would never again have to step in and bail them out for fear that a failure would trigger a financial panic. The White House and Republicans never liked that idea. Instead, they pushed through a less heavy-handed approach that capped the growth of the four largest banks, each of which now has more than $1 trillion in assets, while imposing on them slightly higher capital requirements to offset their “too big to fail” advantage in attracting capital and deposits. Read full article > >

More:
Steven Pearlstein: Time to say no to bank consolidation