Curbing Tanzania’s land-grabbing race

DAR ES SALAAM, Dec 19 2012 (IPS) – From January 2013, Tanzania will start restricting the size of land that single large-scale foreign and local investors can “lease” for agricultural use. The decision follows both local and international criticism that major investors are grabbing large chunks of land here, often displacing small-scale farmers and local communities.

HSBC—Too big to indict? A dark day for the rule of law (editorial)

It is a dark day for the rule of law. Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank and, in the process, endanger the financial system. They also have not charged any top HSBC banker in the case, though it boggles the mind that a bank could launder money as HSBC did without anyone in a position of authority making culpable decisions.

HSBC bank to pay US government a $1.3 billion fine for vast drug and other money-laundering “lapses”

WASHINGTON—HSBC Holdings PLC on Tuesday acknowledged that for years it ignored possible money laundering as part of a record $1.9 billion settlement with U.S. authorities that caps the bank’s disastrous foray into the U.S. market

Homeless rates in US held steady during recession, study says, but big gains are elusive

WASHINGTON — The federal government has made big strides in reducing the ranks of the chronically homeless and of veterans who are homeless, but it probably will not reach its goal of ending homelessness among those two populations by 2015, according to a government report to be released on Monday.