The US House of Representatives on Wednesday unanimously approved H.R. 3768 , providing $6 billion in temporary tax relief aimed at helping people and organizations hit by Hurricane Katrina . In particular, the legislation...
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Cambodian PM opposes private funds for Khmer Rouge genocide trial
Cambodian Prime Minister Hun Sen , a former Khmer Rouge soldier, responded to an opposition proposal Wednesday by saying that the families of the 1.7 million victims of the hardline communist Khmer Rouge regime that ruled...
US Secretary of Commerce Carlos Gutierrez called illegal copying of American products the top trade issue between the US and China Thursday at the start of his first official trip to China. In April, the US put...
Despite President Bush's veto threat, the Senate Tuesday passed a $295-billion highway bill to build more roads and create jobs by an 89-11 vote. The White House said $284 billion was the most it would approve; the...
JURIST Guest Columnist Dr. Laurent Pech, Jean Monnet Lecturer in European Union Law at the National University of Ireland, Galway, says that the proposed European Constitution may be less than it's cracked up to be, and that its possible rejection...
Corporations and securities brief ~ NYSE merges with Archipelago; to go public
Leading Thursday's corporations and securities brief, the New York Stock Exchange (NYSE) announced it will merge with rival Archipelago Holdings Inc. in a move which transforms the NYSE into a for-profit, publicly traded company. The...
The US House of Representatives voted 272-162 late Wednesday to permanently repeal federal estate taxes in 2010 and beyond. The federal government is estimated to lose $290 billion in tax revenue over a decade if the...
Richard Posner, University of Chicago Law School:"One of the commonest objections to President Bush's proposal for reform of social security is that there is no need to act now because there is no "crisis." Yet the same people who say...
The EU Commission has announced that it will pursue legal action Wednesday against Greece for disguising violations of EU budget restrictions on the countrys reported deficits from 1997 to 2003. The proceedings could result in fines imposed by the...
