Today's World News
To Start off Business
Student worker paid just 47 cents an hour by 7-Eleven, say lawyers.
International student Pranay Alawala, who worked in three 7-Eleven stores in Brisbane, recently secured a payout of $33,000 from his former employer.
Mr Alawala is one of the more than 60 former 7-Eleven workers represented by Maurice Blackburn lawyers.
Brisbane 7-Eleven store underpaid staff $82,000: Ombudsman Twelve staff at a Brisbane 7-Eleven store were allegedly underpaid more than $80,000 over the course of a year, the Fair Work Ombudsman claims.
"Additional resources for education for migrant workers, greater deterrence for employers who exploit migrant workers and penalties, and additional protection for whistle-blowers," said Mr Sivaraman of Maurice Blackburn lawyers.
A state fund 1Malaysia Development Berhad (1MDB) was set up with Leissner's assistance, and Goldman was paid sky-high commissions for bond sales.
The sum of three bond sales for 1MDB back in 2012 and 2013, totaling as much as $6.5 billion, reportedly yielded fees, commissions and expenses for Goldman of almost $593 million, the equivalent of 9.1 percent of the money raised.
"If it exceeds the limit Malaysia sets for investment managers of a fund, then Goldman will have to deal with some negative kickback from Malaysia," said Dick Bove, a bank industry analyst at Rafferty Capital Markets.
Another person who has considered the Goldman case said with a wink that there may have been multiple "managers" feeding off Goldman's lucrative Malaysian business in effect, accepting kickbacks.
Leissner, an 18-year Goldman vet with access to the highest reaches of government in Malaysia, likely made millions from Goldman deals he led that later turned controversial, one person told The Post.
$1 billion drug bust in Australia.
(CNN)Australian police have seized $1 billion Australian dollars' worth of the drug "ice" from a shipment of silicon bra inserts and art supplies, the country's federal police said, worth approximately US$700 million.
"This is a result of organized criminals targeting the lucrative Australian ice market from offshore," said Keenan.
"Whilst Australians continue to have such an appetite for this mind destroying drug, organized criminal gangs will continue to target the Australian market." Australian police make arrests in relation to the transpotation and manufacture of large quanities of 'ice'.
Australian police make arrests in relation to the transpotation and manufacture of large quanities of 'ice'.
Cologne: Only three out of 58 men arrested over mass sex attack on New Year's Eve are recent refugees - Majority of suspects are of Algerian, Tunisian or Moroccan descent and none had recently arrived in Germany, police say.
Just three of the 58 suspects arrested in connection with the mass sex attack on women in Cologne on New Year's Eve were refugees, it has been reported.
Refugees were blamed for more than 1,000 reports of theft, sex assault and rape of women at Cologne's central train station - leading to a hardening of attitudes towards Chancellor Angela Merkel's open door policy on refugees.
Germany reacts to Cologne New Year's Eve attacks Germany has seen a spike in racially motivated arson attacks on refugees' homes since the incident with vigilante gangs threatening to "clean up" Cologne.
It comes as the police reported 22 cases of sexual assault at the Cologne carnival - including a Belgian TV reporter who was groped live on air by man who appeared to be of European descent.
Israel boycott ban: Shunning Israeli goods to become criminal offence for public bodies and student unions - Critics say move amounts to a 'gross attack on democratic freedoms'.
Local councils, public bodies and even some university student unions are to be banned by law from boycotting "unethical" companies, as part of a controversial crackdown being announced by the Government.
A spokesman for the Labour leader Jeremy Corbyn said: "The Government's decision to ban councils and other public bodies from divesting from trade or investments they regard as unethical is an attack on local democracy.
In 2014 Leicester City Council passed a policy to boycott goods produced in Israeli settlements in the West Bank while the Scottish Government published a procurement notice to Scottish councils which "strongly discourages trade and investment from illegal settlements".
"As if it is not enough that the UK Government has failed to act when the Israeli government has bombed and killed thousands of Palestinian civilians and stolen their homes and land, the Government is now trying to impose its inaction on all other public bodies," he said.
The decision followed a concerted campaign to persuade it to halt its work in West Bank settlements, during which the Labour-controlled Birmingham council became at least the third to warn Veolia that it might not renew its 35m-a-year waste disposal contract when it ran out in 2019, if the company continued to operate in the occupied West Bank.
There you have it our Top 5 News of the day.
That's all for today, Thank you.
To Start off Business
Student worker paid just 47 cents an hour by 7-Eleven, say lawyers.
International student Pranay Alawala, who worked in three 7-Eleven stores in Brisbane, recently secured a payout of $33,000 from his former employer.
Mr Alawala is one of the more than 60 former 7-Eleven workers represented by Maurice Blackburn lawyers.
Brisbane 7-Eleven store underpaid staff $82,000: Ombudsman Twelve staff at a Brisbane 7-Eleven store were allegedly underpaid more than $80,000 over the course of a year, the Fair Work Ombudsman claims.
"Additional resources for education for migrant workers, greater deterrence for employers who exploit migrant workers and penalties, and additional protection for whistle-blowers," said Mr Sivaraman of Maurice Blackburn lawyers.
A state fund 1Malaysia Development Berhad (1MDB) was set up with Leissner's assistance, and Goldman was paid sky-high commissions for bond sales.
The sum of three bond sales for 1MDB back in 2012 and 2013, totaling as much as $6.5 billion, reportedly yielded fees, commissions and expenses for Goldman of almost $593 million, the equivalent of 9.1 percent of the money raised.
"If it exceeds the limit Malaysia sets for investment managers of a fund, then Goldman will have to deal with some negative kickback from Malaysia," said Dick Bove, a bank industry analyst at Rafferty Capital Markets.
Another person who has considered the Goldman case said with a wink that there may have been multiple "managers" feeding off Goldman's lucrative Malaysian business in effect, accepting kickbacks.
Leissner, an 18-year Goldman vet with access to the highest reaches of government in Malaysia, likely made millions from Goldman deals he led that later turned controversial, one person told The Post.
$1 billion drug bust in Australia.
(CNN)Australian police have seized $1 billion Australian dollars' worth of the drug "ice" from a shipment of silicon bra inserts and art supplies, the country's federal police said, worth approximately US$700 million.
"This is a result of organized criminals targeting the lucrative Australian ice market from offshore," said Keenan.
"Whilst Australians continue to have such an appetite for this mind destroying drug, organized criminal gangs will continue to target the Australian market." Australian police make arrests in relation to the transpotation and manufacture of large quanities of 'ice'.
Australian police make arrests in relation to the transpotation and manufacture of large quanities of 'ice'.
Cologne: Only three out of 58 men arrested over mass sex attack on New Year's Eve are recent refugees - Majority of suspects are of Algerian, Tunisian or Moroccan descent and none had recently arrived in Germany, police say.
Just three of the 58 suspects arrested in connection with the mass sex attack on women in Cologne on New Year's Eve were refugees, it has been reported.
Refugees were blamed for more than 1,000 reports of theft, sex assault and rape of women at Cologne's central train station - leading to a hardening of attitudes towards Chancellor Angela Merkel's open door policy on refugees.
Germany reacts to Cologne New Year's Eve attacks Germany has seen a spike in racially motivated arson attacks on refugees' homes since the incident with vigilante gangs threatening to "clean up" Cologne.
It comes as the police reported 22 cases of sexual assault at the Cologne carnival - including a Belgian TV reporter who was groped live on air by man who appeared to be of European descent.
Israel boycott ban: Shunning Israeli goods to become criminal offence for public bodies and student unions - Critics say move amounts to a 'gross attack on democratic freedoms'.
Local councils, public bodies and even some university student unions are to be banned by law from boycotting "unethical" companies, as part of a controversial crackdown being announced by the Government.
A spokesman for the Labour leader Jeremy Corbyn said: "The Government's decision to ban councils and other public bodies from divesting from trade or investments they regard as unethical is an attack on local democracy.
In 2014 Leicester City Council passed a policy to boycott goods produced in Israeli settlements in the West Bank while the Scottish Government published a procurement notice to Scottish councils which "strongly discourages trade and investment from illegal settlements".
"As if it is not enough that the UK Government has failed to act when the Israeli government has bombed and killed thousands of Palestinian civilians and stolen their homes and land, the Government is now trying to impose its inaction on all other public bodies," he said.
The decision followed a concerted campaign to persuade it to halt its work in West Bank settlements, during which the Labour-controlled Birmingham council became at least the third to warn Veolia that it might not renew its 35m-a-year waste disposal contract when it ran out in 2019, if the company continued to operate in the occupied West Bank.
There you have it our Top 5 News of the day.
That's all for today, Thank you.
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