China begins crackdown on bitcoin mining, illegal trading activities
May 22, 2021 23:32 pm UTC| Economy Digital Currency Law
China announced that it will clamp down on bitcoin mining and trading to fend off financial risks, sharply pulling down bitcoin prices and putting it on course for weekly losses of over 15 percent. The country also...
Japan warns Sumitomo for leak of machine gun blueprints to China
May 21, 2021 12:49 pm UTC| Economy Business Law
Japan has warned Sumitomo Heavy Industries Ltd. and a subcontracted firm for violating its foreign exchange and trade control law in leaking blueprints for military-use machine gun parts to a Chinese company. The...
Blue Diamond to pay $2.6 million for misleading use of the word 'vanilla'
May 20, 2021 19:29 pm UTC| Economy Law
Blue Diamond Growers will pay $2.6 million to settle a class-action lawsuit for its allegedly misleading use of the word vanilla to describe the flavor of its Almond Breeze yogurt. Seven consumers in New York state file...
May 16, 2021 11:15 am UTC| Investing Law
The Low and Middle Income Tax Offset (known as the LMITO or lamington) has been given yet another new lease of life. What started in 2018 as a stop-gap until broader tax cuts were introduced, was extended because of...
South Africa must ban sugary drinks sales in schools. Self regulation is failing
May 16, 2021 10:02 am UTC| Health Law
In 2017, Coca-Cola Beverages South Africa voluntarily announced that it would stop supplying sugary beverages to primary school outlets. The company also pledged to remove all branding and advertising from schools. The...
South Carolina may change laws to accommodate E. & J. Gallo wine bottling plant
May 08, 2021 23:54 pm UTC| Law
The South Carolina House of Representatives approved legislation allowing E. J. Gallo Winery to open a bottling plant and three tasting rooms in the state. Gallos proposal would supposedly provide several hundred jobs...
Laws governing police use of DNA are changing: are the proposals fair for all New Zealanders?
May 03, 2021 05:46 am UTC| Law
By helping identify perpetrators and the remains of victims, forensic DNA analysis holds enormous power to solve crimes. It also has enormous implications for privacy and fairness. But with science and society changing at...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects