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Legal news from Saturday, December 24, 2016
by Erik Slobe

On Thursday, the US Department of Justice (DOJ) filed a civil suit against Barclays Bank and two former executives for the fraudulent sales of residential mortgage-backed securities (RMBS) from 2005 to 2007. The suit states that Barclays sold billions of dollars worth of RMBS which contained mortgages that violated underwriting guidelines or …

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by Erik Slobe

The Human Rights Watch (HRW) announced yesterday that cluster-munitions were used on the Yemini city of Saada on December 6, which killed two civilians and wounded six more. HRW stated that is is believed the cluster-munitions were launched by Saudi Arabian forces, who have previously launched attacks on the city, but additional investigations are needed to determine conclusively …

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by Jonathon Churchin

On Friday the United Nations Security Council failed to pass a resolution, which would have imposed an arms embargo on South Sudan with a vote of 7-0 with 8 abstentions. The resolution would have instituted an arms ban on the country as well as impose a travel ban and asset freeze against three Government and opposition …

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by Jonathon Churchin

The United Nations Security Council passed a resolution, on Friday, which establishes that Israeli settlements in Palestine have no legal validity. UN Secretary General Ban Ki-moon welcomed the resolution, stating that the settlements violated international law, and that they were an obstacle to the two state policy and lasting peace in the region. A …

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