regulations

W.H.’s McCarthy on Regulation Increasing Oil and Gas Prices: ‘We’re Going to Use’ Regulation

On Thursday’s broadcast of MSNBC’s “Hallie Jackson Reports,” White House National Climate Adviser Gina McCarthy responded to concerns that increased regulations will cause increased gas and oil prices by stating “There’s a place for” regulation and “We’re going to use it.” McCarthy also touted hearings with oil executives on Capitol Hill as “a day of reckoning” for the oil and gas industry.

Gina McCarthy Biden

China Denies Approval for New Online Games, Rocking Global Industry

The South China Morning Post (SCMP) reported on Thursday that Chinese regulators will not approve any new online games for at least a month, following a month in which approval has been granted very slowly. The news caused gaming industry stocks to slide in markets around the world, as investors feared losing access to the immense Chinese market.

This photo taken on January 29, 2018 shows students practicing computer games in an eSport

California Housing Law Bill Requires 15% New Developments Low Income, Union Built 

Media reports are lauding lawmakers and Democrat California Gov. Gavin Newsom for a new law that will allow housing developments to bypass some environmental regulations that have resulted in long delays. But the overarching impact on housing in the Golden State is that 15 percent of new housing must be low-income and be built by union-pledged workers.

OAKLAND, CALIFORNIA - MAY 10: California Gov. Gavin Newsom looks on during a press confere

China to Crack Down on ‘Unregulated Expansion of Capital’

The Chinese Communist Party’s (CCP) annual legislative meeting this weekend will take action against the “unregulated expansion of capital,” according to Premier Li Kequiang, signaling another regulatory beating to teach outspoken tech billionaires who is truly in charge of the Chinese economy.

BEIJING, CHINA - MARCH 05: Chinese Premier Li Keqiang speaks at the opening session of the

China Refuses 9,000 Liters of Beer, 8,000 Kilograms of Beef from Australia

The South China Morning Post (SCMP) on Wednesday reviewed Chinese customs data and found several major blockages of Australian imports over the past month, including 9,000 liters of Australian craft beer turned away at the port city of Xiamen and 8,000 kilograms of frozen beef denied entry to Shanghai. China and Australia are embroiled in a long-running trade and diplomatic feud.

Cargo ships berth at a port in Qingdao in China's eastern Shandong province on May 8, 2019