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Indonesian lawmakers pass new mining law
JAKARTA, Indonesia (AP) - Indonesian lawmakers have passed a new mining law that will give the mineral-rich nation greater control over its resources, though analysts warn it could deter investment by multinational corporations.
Obama healthcare law could worsen U.S. deficits - study
WASHINGTON (Reuters) - President Barack Obama's healthcare law could sharply exceed its cost-savings targets and add up to $530 billion to the federal budget deficit, a leading authority on U.S. government benefit programs said on Tuesday.
Enforcing the law can be flawed
The law can be an ass. Two little girls in Overton, Texas had their lemonade stand shut down two weeks ago after the local police chief decreed that it was a criminal operation.
Singapore reviewing anti-graft law amid criminal wrongdoing at companies
SINGAPORE: Singapore's anti-corruption watchdog said it is reviewing the country's primary anti-graft law. The review is taking place in the wake of high-profile revelations of criminal wrongdoing at companies though a spokeswoman for the Corrupt Practices Investigation Bureau (CPIB) said the move was "not connected" to those events.
Agencies urged to be assertive in pursuing enforcement of competition law
KUALA LUMPUR: Competition agencies should be assertive in pursuing the enforcement of the competition law to ensure that the public’s and consumer’s welfare are well-protected.
Judge Endorses Use Of Fraud Law Against Bank Of America
NEW YORK: A federal judge has endorsed a broad interpretation of a savings-and-loan era law that the Justice Department is trying to use in cases against Wall Street banks.
Repealing US healthcare law will cost US$210b
WASHINGTON: Repealing the US healthcare law enacted last year would add US$210bil to the nation's deficit over the next decade, congressional auditors said on Friday.
New China enterprise tax law
Beginning today, China's new enterprise income tax law comes into effect, sweeping away a host of preferences and tax holidays for foreign-invested and foreign enterprises in the country and treating them equally with domestic enterprises.
Dewey files for chapter 11 in record law firm collapse
NEW YORK/BANGALORE (Reuters): The crippled law firm Dewey & Leboeuf LLP filed for chapter 11 bankruptcy protection Monday night and will seek approval to liquidate its business after failing to find a merger partner, marking the biggest collapse of a law firm in U.S. history.
Change US law on banks and commodities, regulator says
WASHINGTON: Congress should limit Wall Street's controversial role in commodity markets, and rewrite a law that gives banks broad leeway to own oil, metals and other raw materials, a senior U.S. regulator said on Friday.
