All articles tagged with #emergency law
The U.S. Supreme Court is reviewing whether President Trump's unilateral imposition of tariffs, based on emergency powers, is constitutional, with significant implications for executive authority and the global economy, amid legal challenges arguing such tariffs exceed presidential powers and violate the Constitution.
The Home Office predicts that 99.5% of individual legal challenges submitted by migrants under Rishi Sunak's emergency Rwanda bill will fail, as they would have to prove "serious and irreversible harm" if removed to Rwanda. The leaked documents reveal that nine in ten claims would be rejected with no right of appeal within ten days of arrival in the UK, resulting in deportation to Rwanda within three weeks. The government may consider amendments to the legislation.
Switzerland's parliament has rejected the government's 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse's merger with UBS, leaving the fallen bank's hastily arranged rescue without a largely symbolic parliamentary blessing. While the upper house had approved the government's contribution to the rescue package, parliament's lower, and larger chamber, pushed back again on Wednesday. The government's commitment, made using emergency law, cannot be overturned, but the vote marks a symbolic rebuke for the authorities, whose decision to largely bypass the nation's legislative has angered many politicians.
Switzerland's parliament has rejected Credit Suisse's rescue package, which included 109 billion Swiss francs ($120.87 billion) in financial guarantees, in a largely symbolic vote. The government commitment, made using emergency law, cannot be overturned. The lower house rejected the measures for the second time after already voting against them on Tuesday.
Switzerland's parliament has failed to approve the 109 billion Swiss francs ($120.5 billion) of financial guarantees used to rescue Credit Suisse last month, in a first-round vote that was largely symbolic given the state had committed the funds. The lower house retrospectively rejected the rescue near midnight, with heated debates continuing into the early hours of Wednesday morning as members discussed other measures related to Credit Suisse. Earlier on Tuesday, Switzerland's upper house had approved the rescue, meaning the two chambers of the legislative body will vote again on Wednesday.