Led by two Americans, Sweden's Artemis Racing has become the second foreign syndicate to announce a challenge for the America's Cup in 2013.
The protocol wrangled over and eventually agreed to by the competitors -- including boat designs, wind readings for competition and the nationalities of sailors competing for a foreign syndicate -- is, in effect, the only law governing the competition.
One reason may be that foreign gambling syndicates are less interested in baseball and American football (scandals are rife in tennis).
For many decades law enforcement agents have questioned arrested persons who were members of vicious street gangs, the Mafia and thousands of other domestic and foreign criminal syndicates.
(Only 24% of suspects in overall German crime cases were foreign).These eastern syndicates have local contacts and mark their targets, especially along motorway or railway escape routes.
Adding the contributions of foreign investors and syndicates of rich individuals, some £119m was invested last year, up from £114m in 2007, according to a survey carried out for Scottish Enterprise, Scotland's main economic development agency.In this section The great calculating machine A one-trick bill And is there honey still for tea?
Such expansion could suggest a network of syndicated foreign correspondence that could fill newspapers' editorial gaps – a Breakingviews-type wire for overseas opinion.
SOME foreign banks -- traditionally syndicate stalwarts -- have also pulled back, said Steven Miller, managing director at Standard & Poor's PMD, which tracks the loan market.
Separately, Yukos shares fell more than 6percentt on Tuesday to close at $11.56 after Monday's news that a syndicate of foreign lenders had served the company with a notice of potential default on a $1 billion loan.
Part of the rise reflects leveraged loans that could not be syndicated to foreign banks or investors, but most of it probably represents new loans that in previous months would have been done through the credit market.
