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French Parliament to Debate Outlawing Prostitution

Prostitute wearing a mask speaks with an activist as they attend a demonstration ahead of vote on a symbolic resolution to abolish prostitution at the National Assembly in Paris
Partly owing to the huge sex scandal commenced by former French presidential candidate Dominique Strauss-Kahn in New York earlier this year, French Parliament will debate a bill to ban prostitution in France on Tuesday. If passed, it could become law next year.
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Occupy Wall Street

Occupy Wall Street: After Zuccotti Park Occupation, Protesters Seek Shelter

As Occupy Wall Street transitions away from the Lower Manhattan encampment that was formerly its beating heart, organizers face the task of finding somewhere for the park's former inhabitants to stay. For now, several churches have been allowing Occupiers to spend the night. But that is widely viewed as a temporary solution.
People walk past a board displaying exchange rates in a money exchange house at Times Square in New York

A Culture of Debt

At both the individual and collective level, Americans have created and embraced a culture of debt. Spurred by our gluttony, we have developed an untenable habit of spending beyond our means, and it must be stopped or else generations to come will be saddled with debt, left unable to harness the American dream and prosper because it simply will no longer exist.
Facebook

Facebook to India: We Have Our Own Guidelines for Screening Content

Less than a day after the Indian government urged social networking Web sites and Internet companies to screen alleged derogatory and defamatory content about the country's religious figures and leaders, Facebook has responded noting that it removes content that violates its rules.
A man exits the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan New York

MF Global Workers Sue Corzine, Other Execs

Past and present MF Global employees sued ex-CEO Jon Corzine and other executives over alleged misrepresentations they say destroyed the value of the company's stock.
Raj Rajaratnam

Raj Rajaratnam Begins 11-Year Prison Sentence

Raj Rajaratnam, 54, the founder of the Galleon Group and a hedge fund multimillionaire, began his 11-year prison sentence at a former military base, near the town of Ayer, Massachusetts.
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Oil Prices Fall After S&P Warning to Europe

Crude oil prices declined in Asian trade on Tuesday, after credit ratings agency Standard & Poor (S&P), warned six triple A-rated Eurozone members they may suffer ratings downgrades, amid the continuing carnage of the Eurozone debt crisis.

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