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Mexican cartel hit in US drugs swoop
The US justice department said its operation against the narcotics organisations south of the border involved 3,000 agents, more than 1,000 arrests and law enforcement actions in more than 19 states
Brazil sets 2% tax on capital inflows
Brazil has imposed a 2% effective from Tuesday on money entering the country to invest in equities and fixed income instruments. Direct investment in the productive economy will not be affected
Global insight: Fiscal storm in Caymans is set to spread
It is worth watching how this Cayman storm plays out as the saga is a revealing sign of the undercurrent of anxiety that is now stalking some global tax havens
Brussels steps up regulation
A sweeping overhaul of financial supervision across Europe moved closer when the European Commission unveiled new rules it hoped would prevent a repeat of the worst financial crisis in decades
Real drama at Lehman upstages TV fiction
The BBC had a certain dramatic leeway as – The Last Days of Lehman Brothers – it broadcast an imaginative recreation of a momentous weekend in New York a year ago
Brazil ready to infringe US drug patents
Brazil is preparing to infringe patents on US pharmaceutical products, in retaliation against subsidies for US cotton farmers, according to the Brazilian press
Brazil enforces smoking ban in São Paulo
A smoking ban comes into force in the Brazilian state of São Paulo, adding to what has become one of the world’s toughest anti-smoking campaigns
Lex: US bank regulation
Almost two months after its unveiling, the US administration’s proposals for reforming bank regulation seem stuck in the Washington mud
Editorial: Banana republic
The Honduran army was right to resist Mr Zelaya’s order to go ahead with a referendum against the wishes of his people, but it was wrong to depose him
Lex: Wal-Mart endorses Obamacare
America’s largest employer has reversed course and endorsed universal employer-provided health insurance in what seems a shrewd shift
