News Regulators 

Steel producers fined in Germany for price fixing

“The German Cartel Office has fined steel producers around 646 million euros ($716.8 million) in total for price-fixing practices relating to certain steel products” writes Kim Richters for marketwatch.com. The companies agreed on surcharges and price supplements for certain steel products in the years between 2002 and 2016, it said.The authority said Thursday that it is fining Thyssenkrupp AG (TKA.XE), Voestalpine AG (VOE.VI) and Ilsenburger Grobblech GmbH as well as three responsible people.German steel producer Dillinger Huettenwerke was also involved, the authority said, but didn’t have to pay as it…

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Tamweely to disburse loans, repay instalments to customers in 4,000 post offices

“Aboelazm said that according to the agreement, Tamweel customers can pay instalments and disbursement of funds in post offices all over Egypt” writes Shaimaa Al-aees for dailynewssegypt.com. The National Post Authority and Tamweely Microfinance company signed a cooperation agreement, whereby funds will be disbursed, and the instalments will be paid through the network of 4,000 branches in Egypt.It includes the use of e-payment systems for the post authority in granting and collecting services with microfinance activity.The agreement was signed by Amr Aboelazm, chairperson of the board of directors and co-founder…

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Jordan plans to sign uranium production agreement with Egypt

“Jordan is planning to sign an agreement with Egypt to develop peaceful uses of nuclear energy and uranium production, Khaled Toukan, chairperson of the Jordanian Atomic Energy Commission told Daily News Egypt” writes Mohamed Farag for dailynewssegypt.com. He revealed a study to establish an Arab regional centre for nuclear fuel production, including, Egypt, Jordan and the United Arab Emirates.He pointed out that Jordan has signed 16 agreements in the field of atomic energy, including a memorandum of understanding with Egypt and an agreement with Saudi Arabia. Source: dailynewssegypt.com

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Opinion: King Charles I was executed by his parliament. There’s a lesson there for Donald Trump

“When legislatures assert themselves to curb overweening executive power, whether now or in the 17th century, they can prevail” writes Leo Braudy for latimes.com. Under Charles I, Parliament exercised that authority by refusing to fund the king’s foreign policy as he wished, an act of defiance that provoked the king to dissolve Parliament and rule alone for 11 years.The charge against him, after nearly a decade of civil war, was treason for making war on his own people. Source: latimes.com

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A federal judge gives the Trump administration a lesson in rule of law

“Checks and balances yield to presidential whim, as Congress is powerless to compel testimony and the courts must stand aside” writes Deputy Editorial Page for washingtonpost.com. Rather, the administration contends that, if the president decrees his aides should not appear, they enjoy “absolute” immunity from having to turn up, subpoena be damned. Source: washingtonpost.com

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Construction and Housing Cooperatives’ investment budget to reach EGP 3.5bn in FY 2020/21: Chairperson

“Moreover, 1,000 feddan has been allocated for co-operative housing associations in the New Administrative Capital” writes Shaimaa Al-aees for dailynewssegypt.com. Furthermore, cooperative housing conferences in Egypt have been ranked number one in Africa in terms of organisation, participation, inclusiveness, and content.The number of co-operative housing associations has jumped from 2,100 to 3,321 associations over the last five years, with an increase rate of 58%.Co-operative housing associations execute projects at their real cost without adding any burdens on the state budget.Port Said project consists of 4,000 housing units, including 1,000 investment…

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News Regulators 

What Attorney General Barr gets wrong about the American Revolution

“The American Revolution was neither a revolt against the King nor Parliament; it was a revolt against arbitrary power” writes Hattem Is A for washingtonpost.com. A look at patriots’ writings in this period demonstrates their persistent concern with Parliament’s arbitrary authority over them.Seventeenth-century English history provided numerous examples to American colonists of attempts by the infamous Stuart monarchs, Charles I and James II, to wield absolute and arbitrary power.For Barr and The Federalist Society — which at the same convention hosted a “special session” on “Executive Power vs. congressional Power”…

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City parking official sold crack cocaine in uniform, feds say

“It employs 49 workers and operates an annual $6 million budget with revenues from parking enforcement” writes Jatmonavage Njadvancemedia Com for nj.com. Anthony Mack, the executive director of the parking authority, said Green was suspended and later terminated after his arrest.Instead, the parking enforcement officer was allegedly selling nearly 50 grams of crack cocaine for $2,250 to an unknown individual in March 2017, authorities said. Source: nj.com

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‘I get upset’: GOP congressman demands whistleblower statute

“Republicans on the committee have claimed they do not know the whistleblower’s name but that Schiff does know the identity” reports washingtonexaminer.com. Mike Conaway told House Intelligence Committee Chairman Adam Schiff during the public impeachment hearings that he wanted to know the legal grounds on which Schiff refused to allow the naming of the whistleblower. Source: washingtonexaminer.com

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Trump’s ‘Section 232’ autos tariff authority runs out of time, experts say

“Their view was supported by a new U.S. trade court ruling, published on Monday, that Trump’s authority had lapsed in a previous Section 232 investigation on imports of foreign steel” writes Midwest Communications Inc for 95kqds.com. Automakers had expected another delay in Trump’s tariff decision as his administration pursues broader trade negotiations with the European Union and Japan.By not acting by the deadline, Trump has forfeited his authority to impose the Section 232 tariffs, added Clark Packard, trade policy counsel with libertarian advocacy group RStreet.org.WASHINGTON (Reuters) – The clock has…

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