July 20, 2016

After Turkey Coup, Obama Admin Calls for Both Debt Relief, More Austerity for Greece

July 20, 2016 by Sam Knight

Treasury Secretary Jack Lew said that he hopes the ongoing crisis in Turkey convinces Greece’s creditors to warm to “debt relief.” Lew made the remarks in an interview with the Financial Times, published Wednesday. On Thursday, he is scheduled to meet in Athens with Greek Prime Minister Alexis Tsipras. “I would hope [the recent regional upheaval] would change the climate in which discussions of debt relief happen, just because it’s the right thing to do on its own, and at a time when Greece is…

Keep Reading

Report: Shoddy Government Work to Blame for Rise in Patent Trolls

July 20, 2016 by Sam Sacks

A government watchdog released a report on Wednesday that knocked the US Patent and Trademark Office (USPTO) for issuing low-quality copyrights vulnerable to bogus litigation. A review of district court filings by the Government Accountability Office (GAO) found that the number of patent infringement lawsuits have more than doubled since 2007, with more than 5,000 actions brought last year alone. The rise, according to the GAO, is a result of deficiencies within the US patent office. The bureaucracy has yet to define what a “quality…

Keep Reading

Go to Top