It is not a bug. The "News & Announcements :: READ" section is a special folder under the protection of the forum system. Generally it is not for posting the news from around the world by all. This is the Admin section for the info regarding our site that has to be announced to all members. Also it can be called the Global Announcement. As a result the forum staff can post here only. For the rest of the members there are the "Off-Topic/Misc." and "Events" sub-sections in the "Current" section accessible.
However if a thread is moved here form other sections by our team, the posting in such one is allowed for all guys.
smiles,
W~