WORLD

Italian Tax Police Recover ?6 Billion in Evasion Crackdown

Ferrari
The country's tax police said they caught more than 2,100 people who had failed to pay their taxes for at least a year, including a car dealer who ran his business out of his home and an accountant who concealed 13 million euros in taxes.
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Romania

Romanian Government Falls On Austerity Vote

The vote comes amid widespread public anger over tough austerity measures and allegations of corruption, with 235 lawmakers voting against the government - four more than was needed to topple Ungureanu.
Hilda Solis

Court Blocks Labor Dept Changes To Guest-Worker Visa

A federal district judge issued a last-minute preliminary injunction that blocks the implementation of Department of Labor rules that stiffen employer obligations under the H-2B non-farm seasonal work visa. The rules were set to go into effect Friday, April 27.
Bank of Japan Governor Masaaki Shirakawa speaks during a news conference at its headquarters in Tokyo

Bank of Japan Ups Bond Purchasing Program to $867B

The Bank of Japan will expand its Asset Purchase Program by an additional 5 trillion yen ($62 billion) to increase the purchase of Japanese government bonds, exchange-traded funds and Japan real estate investment trusts, the bank announced in a statement Friday.
US Student Loans

US House Votes To Extend Low Student Loan Rates

The Republican-led U.S. House of Representatives defied a veto threat by President Barack Obama on Friday and voted to take money from his healthcare overhaul to pay for an extension of low-interest federal student loans.
Infosys

US Work Visa Law: India To Move WTO

India will file a formal complaint with the World Trade Organization against the US over its visa policy, which India says is discriminatory to Indian companies, the Wall Street Journal has reported quoting a Ministry of Commerce official.

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