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

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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 > >

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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 > >

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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 > >

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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 > >

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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.

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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 > >

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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 > >

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Steven Pearlstein: Time to say no to bank consolidation

The Greek government says it will sell stakes in a number of domestic assets in order to raise cash to help reduce its massive debts.

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Greece begins domestic asset sale

The United States announced Thursday that it would try to release some of the more than $30 billion in assets seized from Col. Muammar el-Qaddafi, to help the Libyan people.

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U.S. Seeks to Aid Libyan Rebels With Seized Assets

Switzerland says it has frozen assets worth $80m linked to Ivory Coast’s ex-President Laurent Gbagbo, while the constitutional court ratifies his rival’s victory.

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Millions in Gbagbo assets frozen

US carmaker General Motors’ first quarter profit more than triples, helped by rising car sales and the sale of assets.

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General Motors sees profits jump

Switzerland reveals details of almost $1bn of frozen assets linked to Libya’s Muammar Gaddafi and the deposed leaders of Egypt and Tunisia.

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Swiss freeze $1bn from N Africa

Swiss authorities announced on Monday that banks in their country had located almost $1 billion in assets of Libyan leader Moammar Gaddafi and the former presidents of Egypt and Tunisia.

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Gaddafi, other leaders had almost $1 billion in Swiss banks

Some BP shareholders are calling for the oil giant to sell off up to half of its assets as part of a radical restructuring, a newspaper says.

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BP shareholders ‘want asset sale’