CONGRESS

US Senate Passes Bipartisan FDA Funding Bill

FDA
The U.S. Senate on Thursday showed near-unanimous support for a bill that helps fund the U.S. Food and Drug Administration, a regulatory powerhouse with sweeping influence over the foods Americans eat and the medicines they take. The bill, which passed by a vote of 96 to 1, aims to speed approval of new drugs and devices and ensure food safety.
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Rio +20 Aims To Lead A Green Economy

Monsanto Maize: EU Blocks France Ban On MON 810 Yieldgard

Days after France attempted to ban a genetically-modified strain of maize created by the controversial agricultural company Monsanto, based in St. Louis, Mo., the European Food Safety Authority (EFSA) rejected France's grounds for banning the maize, even though France believes the corn is harmful to the environment.
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JPMorgan's Dimon Says He'll Testify Before Congress

JPMorgan Chase & Co Chief Executive Jamie Dimon has agreed to testify before Congress over the bank's recent trading losses, which have ignited a political debate over whether large U.S. banks need to be reined in by regulators or new laws.
JP Morgan

US Senate Banking Committee To Ask Dimon To Testify

JPMorgan Chase & Co Chief Executive Jamie Dimon will be invited to testify before Congress over the recent trading losses announced by the bank, U.S. Senate Banking Committee Chairman Tim Johnson said in a statement on Thursday.
Afghanistan suicide bombings

Afghanistan Demands $4.1 Billion A Year; Plans To Sell Islamic Bonds

Afghanistan, bracing for a potential sharp decline in financial support from the West amid fears of a fresh military offensive by the Taliban insurgents, has demanded $4.1 billion a year for its security forces after the foreign troops pull out in 2014, ahead of the NATO summit starting Sunday.

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