Gadhafi-era officials banned from working in government
TRIPOLI, Libya Under pressure from armed militias, Libyas parliament passed a sweeping law Sunday that bans anyone who served as a senior official under Moammar Gadhafi during his 42 year-long rule from working in government.
The Political Isolation Law could lead to the dismissal of many current leaders, some of whom had defected to the rebel side during the countrys 2011 civil war or had been elected to office since Gadhafis ouster and killing. The move is likely to further stall the countrys already rocky transition to democracy by ousting elected lawmakers.
It injects a new dose of uncertainty into Libyan politics during a still-fragile transition. Liberals say it will give a boost to Islamists, who performed poorly in recent elections compared to their counterparts in other Arab states, although Islamists said they could also be affected by the ban.
The Oracle of Omaha offers investing tips
OMAHA, Neb. Billionaire Warren Buffett dispensed plenty of advice about investing and life during this weekends Berkshire Hathaway shareholders meeting.
The wisdom Buffett and his investing partner Charlie Munger offer is part of what attracts more than 30,000 to the meetings each year.
Buffett and Munger told shareholders that successful investors must learn all they can about the businesses they are buying and stick to industries they know, but the right temperament is also important.
You just have to avoid getting excited when other people are excited, Buffett said.
Sonya form the Bronx speaks at NYC festival
NEW YORK U.S. Supreme Court Justice Sonia Sotomayor has said she wants to be called just Sonia from the Bronx.
And on Sunday, the first Hispanic justice on the nations highest court explained why, saying you cant come from the world I grew up in, the South Bronx, without feeling the frenzy of exile, constantly.
She spoke at Cooper Union, a private college in Manhattans East Village where Abraham Lincoln once gave a speech against slavery.
The justice said she wasnt doing press on an evening in her hometown that ended with hugs from some members of the audience who asked her to sign their copies of her memoir, My Beloved World.
Associated Press
