REYKJAVIK, May 25- Iceland's government plans to introduce a bill to parliament this week outlining measures to start the process of lifting capital controls, Prime Minister Sigmundur Gunnlaugsson said. Gunnlaugsson said the measures would be accompanied by the imposition of a "stabilisation tax" but he did not make clear whether such a levy would be part of...» Read More
There's more than just a little rumbling over the Sarbanes-Oxley act--since it's become law in the U.S. Many say it's hurting companies with all of its compliance requirements--and hurting the stock market--particularly IPO's.
There’s legislation being debated in the U.S. Senate on whether to allow more oil drilling in the Gulf of Mexico. It's not just the oil--but the oil revenues coming in that's a big part of this. The benefit for nearby states is the chance of collecting federal royalties – as much as $650 million for each state.