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World Gathers for Economic Summit

World business leaders gather in Switzerland for economic summit. The global economy is the topic of discussion amongst major business leaders in Davos Switzerland at the World Economic Forum. Topics including surging global food prices and geopolitical tensions between North and South Korea. Israel and Iran are also at the top of the agenda. Overall, the outlook there is one of cautious optimism for future global economic growth.

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Former Swiss Banker Hands Account Files to Wikileaks

Former Swiss banker hands over sensitive documents to Wikileaks. A former head of Swiss-based bank Julius Baer has handed off 2 discs worth of private documents to Wikileaks founder Julian Assange. The whistleblower’s name is Rudolf Elmer, and he alleges the discs will show that thousands of global business leaders and lawmakers have been evading tax payments by using offshore havens.

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Paul Allens Lawsuit Dismissed

Judge shuts down Allen patent suit. A judge has tossed out a huge patent violation lawsuit filed by Microsoft co-founder Paul Allen. Allen is taking on companies like Google and Apple, saying the way they do business infringes on his patents. But a federal judge says the suit isn’t specific enough. Allen is shrugging the decision off as a minor road bump, and plans on filing an amended complaint later this month.

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