In a significant development, the Polish Parliament voted in favour of a bill that will replace a contested disciplinary chamber for judges with a new body; the development clears the way for Poland to tap billions of euros from the… Read More ›
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House of Representatives passes bill to help Taiwan regain observer status at WHO
In a significant development, the U.S. House of Representatives has unanimously passed legislation calling on the State Department to submit a plan to help Taiwan regain its observer status at the World Health Organization. The House of Representatives passed the… Read More ›
Britain introduces bill aimed at crackdown on dirty money
On Monday, Britain introduced a bill in parliament with the aim of intensify a crackdown on what British Prime Minister Boris Johnson termed as “dirty money”. The bill, introduced in response to Russia’s invasion of Ukraine, comes after many lawmakers,… Read More ›
Combining NDAA and USICA would benefit high profit defense contractors and chipmakers who shifted US manufacturing to China: Senator Bernie Sanders
In a statement U.S. House and Senate leaders stated, lawmakers will try to reach a final agreement on a bill aimed at boosting the competitiveness of U.S. technology vis-à-vis China’s semiconductor manufacturing. Senate Democratic Majority Leader Chuck Schumer had sought… Read More ›
US Senate passes bill than bans import of products from Xinjiang region
In a significant development, the U.S. Senate has passed a bill that bans the import of products from China’s Xinjiang region. The Uyghur Forced Labor Prevention Act creates a “rebuttable presumption” on the assumption that goods manufactured in Xinjiang are… Read More ›
Bigger mergers will attract higher fees after this proposed bill becomes law
In a significant development, the U.S. Senate has passed a bill that aims to increase the fees that companies would have to pay government antitrust agencies in case of large mergers. As a result, these government agencies will also have… Read More ›
US Senate Finance Committee advances bill which increases tax credits for EVs, with riders
In a development aimed at further boosting the adoption of electric vehicles the U.S. Senate Finance Committee has advanced legislation aimed at boosting the tax credits for electric vehicles to as much as $12,500, as long as they are assembled… Read More ›
Clauses in UK’s Internal Market Bill breaks international law, only negotiating tactics: Irish Foreign Minister Simon Coveney
Irish Foreign Minister Simon Coveney stated, Britain’s plan to table a legislation aimed at breaking an earlier Brexit impasse is a “negotiating tactic” and EU negotiators should recognize it as that and not get distracted. Britain’s upper house of parliament… Read More ›
Britain to enact law to safeguard assets of national security
The British government is set to table a bill which will enable it to intervene in mergers and acquisitions that threaten national security; intervention measures will include blocking the purchase of assets, including those related to intellectual property, as well… Read More ›
U.S. adds fortitude to U.S.-China relations with passage of Uighur Act of 2019
In a development that signals further delays towards resolving the U.S.-China trade war, the U.S. House of Representatives has overwhelmingly voted a bill that requires U.S. President Donald Trump to toughen its response to China’s genocide of its Muslim minorities…. Read More ›