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It sounds like the U.S.’s Generally Accepted Accounting Principles will be “Formerly Accepted Accounted Principles” within a decade. As reported by the New York Times:
The Securities and Exchange Commission moved Wednesday to allow some large American companies to begin using international accounting standards as early as next year, and to require all American companies to [...]
This sounds like a few folks being confused by some weird mix of plans for I-69 and the Texas Transportation Corridor. From The Caucus:
Is there a secret plan being hatched by the federal government to construct a NAFTA super-highway from Mexico straight through to Canada, stopping off in Kansas City?
Alongside immigration and Iraq, [...]
Idea du jour from Sunday’s New York Times:
Pritchett, a development economist and practiced iconoclast, has just left the World Bank to teach at Harvard and to help Google plan its philanthropic efforts on global poverty. In a recent trip through Chaurmuni, he praised the goats as community-driven development at its best: a fast, flexible way [...]
When I first heard of the idea several months ago, I thought it was a big scheme likely to go nowhere due to the extreme magnitude of the project. However, judging by this Bloomberg article, it’s apparently got some legs.
The project, which Russia is coordinating with the U.S. and Canada, would take 10 [...]
As seen in the Wall Street Journal (subscriber link):
For decades, Alan S. Blinder — Princeton University economist, former Federal Reserve Board vice chairman and perennial adviser to Democratic presidential candidates — argued, along with most economists, that free trade enriches the U.S. and its trading partners, despite the harm it does to some workers. [...]
As seen in the Courant:
At the venerable Comstock Ferre plant and garden center in Wethersfield, owner Pierre Bennerup has begun selling a kind of banana – the “basjoo,” native to Japan – that ordinarily wouldn’t be expected to do well in these climes.
But Bennerup knows of one basjoo that has survived three winters out [...]
One of the sticking points in the enactment of NAFTA has been that of Mexican truck-drivers. Technically, the US-Mexican border was to have been opened up to cross-border trucking quite a while ago, but the reality of Mexican trucks being subject to less stringent maintenance and operating requirements and cross-border insurance issues.
According to [...]
As seen at the New York Times:
QBE Insurance Group, Australia’s largest property and casualty insurer, has agreed to buy the United States arm of Winterthur for $1.16 billion, its biggest purchase and second American acquisition in three weeks.
The deal will add $1.45 billion in annual sales to QBE, which is based in Sydney, the company [...]
As seen at the Wall Street Journal (subscriber link):
The government Wednesday tossed a roadblock in the path of startup airline Virgin America Inc., ruling the company must change its ownership and corporate structure before it can receive an operating certificate.
Under the law, a U.S. airline must be 75% owned and controlled by Americans; the Department [...]
Via Slashdot, I came across this article at The Economic Times:
After blogs and websites, the government is planning a clampdown on BPOs and KPOs over, what it feels is, illegal use of internet telephony.[...]
According to official sources, foreign players such as Skype, in addition to disturbing the level-playing field for bonafide licensees, were also causing [...]
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