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Legal Updates - Page- 9

05 Aug 2022

Biden signs bill giving $52B in subsidies to US semiconductor industry

Biden signs bill giving $52B in subsidies to US semiconductor industry US President Joe Biden marked the CHIPS Act of 2022, which gives $52 billion to support the US domestic semiconductor industry. The act approves the consumption to advance $200 billion to promote domestic semiconductor production. However, just $52 billion is promptly…

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02 Aug 2022

Biden marked the Inflation Reduction Act (IRA) into law

Biden marked the Inflation Reduction Act (IRA) into law US President Joe Biden marked the Inflation Reduction Act (IRA) into law. Biden commended the act’s sweeping healthcare, tax, and climate reforms. According to Senate Democrats, the IRA achieves eight main goals. They are growing Medicare benefits by guaranteeing free vaccines and price caps on insulin and personal…

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28 Jul 2022

Indian parliament passes bill to introduce domestic carbon credit market

Indian parliament passes bill to introduce domestic carbon credit market The lower house of the Indian parliament passed a bill laying out a focal scheme for the purchase and sale of carbon credits. The bill also promotes clean energy by committing specific large consumers of electricity to use renewable energy and…

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24 Jul 2022

Access to a clean, healthy environment is a human right : UN General Assembly

Access to a clean, healthy environment is a human right : UN General Assembly The UN General Assembly adopted a resolution pronouncing that access to a clean, healthy environment is a universal human right. The move was commended by UN Secretary-General António Guterres as a historic decision that evidenced the responsibility of…

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20 Jul 2022

Saudi Arabia asks YouTube to eliminate offensive ads

Saudi Arabia asks YouTube to eliminate offensive ads The Kingdom alluded to content that is contrary to Islamic and societal values. Saudi Arabia requested YouTube eliminate offensive advertisements on the platform. The Kingdom's General Commission for Audiovisual Media (GCAM) and Communications and Information Technology Commission (CITC) addressed a joint proclamation…

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16 Jul 2022

EU dispatches new legal action against UK over Northern Ireland Protocol Bill

EU dispatches new legal action against UK over Northern Ireland Protocol Bill The European Commission sent off four new infringement methods, or legal action, against the UK for not complying with significant guidelines overseeing trading plans for Northern Ireland. The EU overseeing body’s press statement made sense of the UK’s reluctance…

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