Artificial Intelligence is now

How is Artificial Intelligence (AI) shaping our world? Right now!  The impact of Artificial Intelligence (AI) on our world is real.  More so than you may think. Welcome to the Fourth Industrial Revolution. The BBC in its The A-Z of how artificial intelligence is changing the world provides a very interesting and wide ranging overview of how AI is shaping our world. 

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The Death of Alien torts ?

  By Charles Wanguhu The Alien Tort Claims Act was adopted in 1789 as part of the original Judiciary Act. The Alien Tort Claims Act (ATCA) allows foreign victims of human rights abuses to sue perpetrators in United States courts. In a recent development in Kiobel v. Royal Dutch Shell, the the 2nd U.S. Circuit Court of Appeals rejected outright

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Failed and Faltering Law Firms Targeted By Criminals In England

By: Ainsley Brown To say that is recession has been unkind to the legal profession in England, indeed worldwide, is an understatement. The legal profession was always thought of as being if not recession proof then at least recession resistant due in large part to the profession’s adaptability to prevailing market conditions – a corporate finance lawyer could always when

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Bank In the US Agrees To Settle Drug Cartel Money Laundering Case

By: Ainsley Brown Wachovia bank has agreed to pay $160 million to US authorities in order to settle charges brought against it. The bank was accused by the US Justice Department and banking regulators of not having sufficient controls in place to prevent Mexican drug cartels from laundering millions of dollars through the bank using exchange houses –casas de cambio

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Two AIG Subsidiaries Agree To Settle Racial Discrimination Case

By: Ainsley Brown This forms part of the Middle Passage Law Series on Law Is Cool. American International Group, better know by its acronym AIG, it seems these days can rarely catch a break. It just seems negative news follows negative news for this company. This time the negative news for this too big to fail company – deeply wounded

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The US credit card business – Credit CARD Act 2009

By: Carsten Lexa On August 13th, 2009, I wrote an article here on Commercial Law International about the “secrets” of the US credit card business and about how the existing rules make it hard for customers to pay off their credit card debt. On November 3rd, 2009, I wrote in a the second article about a Goverment proposal regarding new legislation for

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Ethical investing vs. Shareholder activism

By Charles Wanguhu   Churches are once again taking the lead in ethical investing. A short while ago I wrote about the catholic church pulling out of a fund which was found to have investments in defense, contraception and other companies contrary to the catholic faith. Consequently the Church of England has sold its £3.8 million stake in Vedanta Resources,

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China and Africa

  By Charles Wanguhu A lot of column inches have been taken up trying to dissect the emerging Sino-African relations. In Africa more and more Chinese goods as well as people are visible. The Africa -West relationship has been largely characterized as an aid relationship or “carrot stick diplomacy”. Experimental policies such as the structural adjustment programmes have been imposed

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