All articles tagged with #loophole
The article discusses the potential for other players to follow James Nnaji's example of returning to college basketball after signing with an NBA team, highlighting NCAA rules, recent cases, and possible future candidates like Dink Pate and others, amid ongoing debates about eligibility and regulations.
Senators agreed to remove language from the agriculture funding bill that would close a hemp regulatory loophole, following a dispute between Mitch McConnell and Rand Paul, with the removal aimed at avoiding industry disruption and ensuring the bill's passage before the August recess.
Nathan Fielder obtained a pilot's license and flew a Boeing 737 with actors onboard to demonstrate cockpit communication issues, while exploring mental health and licensing loopholes, ultimately choosing to ignore potential health diagnoses to maintain his flying privileges.
Despite sanctions on Russian oil, millions of barrels of fuel made from Russian oil are still being imported to the UK through a "refining loophole" where Russian crude is refined in countries like India and then sold to the UK, indirectly providing the Kremlin with more than £100m in tax revenues. The UK government denies any imports of Russian oil since 2022, but reports from the Centre for Research on Energy and Clean Air (CREA) and campaign group Global Witness suggest that the loophole undermines sanctions aimed at restricting Russia's war funds. Critics call for a full ban on all refined oil products derived from Russian crude to close the refining loophole.
Loud sports cars are able to bypass government noise regulations thanks to a three-word loophole in the pass-by test specifications. The test measures the noise level of vehicles during normal driving in urban traffic, but the loophole allows powerful vehicles to choose a gear with an acceleration rate as close to 2.0 m/s2 as possible without exceeding it. By testing in higher gears, where the engine doesn't rev as high, the cars can stay within the noise limits. This loophole preserves the distinctive exhaust sound of sports cars and prevents them from being excessively quiet during testing.
The Biden administration is considering closing a loophole that allows Chinese companies to access American artificial intelligence (AI) chips through overseas units, as part of efforts to restrict China's access to top AI technology. The initial restrictions on AI chip shipments to China left overseas subsidiaries of Chinese companies with unfettered access to the same semiconductors, which could be smuggled into China or accessed remotely by China-based users. The new rules, expected to be announced this month, will likely apply restrictions more broadly to all companies in the market. However, it remains challenging for the US to police these transactions, as China-based employees can legally access the chips located at foreign subsidiaries remotely.
A player of Baldur's Gate 3 has discovered a complex loophole that allows them to recruit the controversial companion, Minthara, without committing evil acts. The eight-step plan involves incapacitating Minthara, transforming her into a sheep, teleporting her, and using Dominate Beast to bring her into the party. Although the method is buggy and likely unintended, it does not require any mods.
A woman in British Columbia got high to avoid babysitting her nieces and nephews during a family gathering. Her husband and brother-in-law ended up taking over babysitting duties. However, the woman faced criticism from her mother-in-law for her actions and had to remind her in-laws that her free time was not an invitation for them to use her as "free child care." People on Reddit supported the woman and criticized her husband for not helping with babysitting duties. While the woman's solution offered momentary relief, the root of the issue was her in-laws' lack of respect for her.
JPMorgan Chase has acquired the majority of First Republic Bank's assets, including $173bn of loans, $30bn of securities, and $92bn of deposits, in a deal negotiated by regulators. JPMorgan benefited from a loophole in a 1994 law that allowed waivers from the 10% maximum for buyers that stepped up to rescue failing lenders that the FDIC stood poised to shut down. The deal has already given JPMorgan's stock a boost and stabilized the shaky outlook for regional banks.
Spain's Prime Minister Pedro Sanchez apologised to victims of sexual abuse over a sexual violence law that included a loophole enabling at least 978 imprisoned offenders to get their sentences reduced or ended early. The "Only Yes Is Yes" law, which arose partly as a result of public outrage over the so-called Wolf Pack case, centred on consent and was meant to resolve cases where defendants were convicted of the lesser crime of sexual abuse because victims had not resisted out of fear.