In light of the recent activities by the United Kingdom's lawmakers regarding the economic stability of the country, the UK parliament's Treasury Select Committee are now recently examining the possibility of increasing capital requirements for its banks.
A deadline has been set for Puerto Rico to pay off its debts which is their general obligation bonds interest due on the 1st of May. However, speculations are spreading like wildfire claiming that if a bill is not passed to support Puerto Rico filing for bankruptcy, then it might not be able to survive.
San Francisco treasury requires Uber and Lyft drivers to register as business contractors and pay an annual fee of $91. Letters were sent to the 37,000 drivers informing them to comply or else.
Brazilian President Dilma Rousseff, is on the verge of impeachment following the accusations thrown at her involving graft and manipulation of government accounts. The lower House of Congress has decided to support the impeachment.
