Indonesia Passes Law to Simplify Labor, Investment Rules

(Bloomberg) — Indonesia has rushed the approval of a law aimed at creating jobs and attracting investments, a day before 2 million workers were set to stage a three-day strike to reject it.



a group of people walking down the street: Workers transport carts loaded with boxes at Tanah Abang market in Jakarta, Indonesia, on Tuesday, Aug. 4, 2020. Indonesia is scheduled to announce its second-quarter gross domestic product (GDP) figures on Aug. 5.


© Bloomberg
Workers transport carts loaded with boxes at Tanah Abang market in Jakarta, Indonesia, on Tuesday, Aug. 4, 2020. Indonesia is scheduled to announce its second-quarter gross domestic product (GDP) figures on Aug. 5.

The parliament agreed to pass the omnibus bill on jobs in a plenary meeting on Monday. It was previously set to hold the meeting on Oct. 8.

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The law that seeks to simplify and revise more than 70 existing regulations will overhaul the country’s labor rules, make it easier for companies to secure permits and ease foreign ownership requirements. Its passage sets the income tax from capital gains to 20%, while some dividend taxes will be exempted.

Indonesian Workers Rally

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Indonesia Passes Law to Cut Corporate Tax, Simplify Labor Rules

(Bloomberg) — Indonesia has rushed the approval of a law aimed at creating jobs and attracting investments, a day before 2 million workers were set to protest against it.



a group of people walking down the street: Workers transport carts loaded with boxes at Tanah Abang market in Jakarta, Indonesia, on Tuesday, Aug. 4, 2020. Indonesia is scheduled to announce its second-quarter gross domestic product (GDP) figures on Aug. 5.


© Bloomberg
Workers transport carts loaded with boxes at Tanah Abang market in Jakarta, Indonesia, on Tuesday, Aug. 4, 2020. Indonesia is scheduled to announce its second-quarter gross domestic product (GDP) figures on Aug. 5.

The parliament agreed to pass the omnibus bill on jobs in a plenary meeting on Monday. That’s one day before labor unions were planning to stage a national three-day strike across 300 cities to reject it. The parliament was previously set to hold its plenary meeting on Oct. 8.

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The law that seeks to simplify and revise more than 70 existing regulations will overhaul the country’s labor rules, make it easier for companies to secure permits and ease foreign ownership rules. Its passage means

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California passes landmark law to study proposals for reparations

The law establishes a task force to make recommendations.

California became the first state to pass a law establishing a task force to study and make recommendations on reparations for Black Americans.

The landmark legislation calls for the creation of a nine-member commission to “inform Californians about slavery and explore ways the state might provide reparations,” according to a statement from Gov. Gavin Newsom’s office.

The bill was authored by Assemblymember Shirley Weber of San Diego, who introduced it to state legislators back in February. Newsom signed it into law on Wednesday.

“California has historically led the country on civil rights, yet we have not come to terms with our state’s ugly past that allowed slaveholding within our borders and returned escaped slaves to their masters,” Weber said in a statement after Newsom signed the bill.

PHOTO: Assemblywoman Shirley Weber at the Capitol in Sacramento, Calif., June 10, 2020.

Assemblywoman Shirley Weber calls on

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California passes a first-of-its-kind law to consider reparations for slavery

By Madeline Holcombe | CNN

California Gov. Gavin Newsom has signed a bill establishing a task force to study and make recommendations on reparations for slavery.

Bill AB 3121 — the first of its kind in any state — was signed on Wednesday. It creates a nine-member task force that will inform Californians about slavery and explore ways the state might provide reparations, Newsom’s office said in a news release.

The task force will convene in the wake of nationwide protests calling for racial justice and police reform following the death of George Floyd while in police custody in May. Democratic lawmakers in Congress have also called for a vote on a bill to study reparations.

“As a nation, we can only truly thrive when every one of us has the opportunity to thrive. Our painful history of slavery has evolved into structural racism and bias built into and permeating

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Senate passes stopgap funding measure to avoid government shutdown

The Senate passed a resolution with broad bipartisan support Wednesday to fund the government through Dec. 11, averting the possibility of a shutdown before the new fiscal year begins at midnight.



a man wearing a suit and tie


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Trump, who was holding a re-election rally in Minnesota, was expected to sign the measure when he returned to the White House. The stopgap measure passed by an 84-10 vote in the Republican-controlled Senate. The Democratic-controlled House passed the legislation, known as a continuing resolution, last week on a 359-57 vote.

The legislation includes a bailout for farmers — which Trump and Republicans fought to include — in exchange for boosts in funding for nutrition benefits for poor families requested by Democrats. It also continues to fund various parts of the federal government.

Farming and food benefits for poor families appeared to be the only coronavirus-related items included in the resolution as top

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U.S. Senate passes bill to fund government through December 11 and avert shutdown

WASHINGTON (Reuters) – The U.S. Senate approved on Wednesday a temporary funding bill to keep the government open through Dec. 11, sending the measure to President Donald Trump for signing into law.

Government funding runs out at midnight Wednesday (0400 GMT on Thursday). The legislation, which had previously passed the House of Representatives, and passed the Senate on a vote of 84-10, continues funding most programs at current levels.

Assuming Trump signs the bill, it will avoid a government shutdown in the middle of a pandemic and ahead of the Nov. 3 U.S. elections.

All 10 senators voting against the bill were Republicans.

The measure generally maintains current spending levels and gives lawmakers more time to work out budget details for the fiscal year that ends on Sept. 30 2021, including for military operations, healthcare, national parks, space programs, and airport and border security.

The legislation’s Dec. 11 end date

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Senate passes stopgap government funding measure to avoid government shutdown

The Senate on Wednesday passed a resolution with broad bipartisan support to fund the government through Dec. 11, averting the possibility of a shutdown before the new fiscal year begins at midnight.



a man wearing a suit and tie


© Provided by NBC News


Trump, who is holding a re-election rally in Minnesota, is expected to sign the measure before the deadline. The stopgap measure passed by an 84-10 vote in the GOP-controlled Senate. The Democratic-controlled House passed the legislation, known as a continuing resolution or “CR,” last week with a 359-57 vote.

The legislation includes a bailout for farmers — which Trump and Republicans fought to have included — in exchange for boosts in funding to nutrition benefits to poor families requested by Democrats. It also continues to fund various parts of the federal government.

Farming and food benefits to poor families appeared to be the only coronavirus-related items included in the resolution as top

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Senate passes spending bill to prevent government shutdown, sends it to Trump

  • The Senate passed a temporary spending bill to prevent a shutdown before the end of the month and keep the government running into December. 
  • Once President Donald Trump signs the legislation into law, it will avoid a federal funding lapse during a pandemic and weeks before the 2020 election. 
  • Congress has turned its attention to an elusive fifth coronavirus stimulus plan and the fight over whether to confirm Judge Amy Coney Barrett to the Supreme Court before the Nov. 3 election. 



Mitch McConnell wearing a suit and tie standing in front of a flag: US Senate Majority Leader Mitch McConnell (R-KY) speaks at a press conference at the US Capitol on September 22, 2020 in Washington, DC, as McConnell said in a statement that the Senate would take up President Donald Trumps nominee for the Supreme Court following the death of Justice Ruth Bader Ginsburg.


© Provided by CNBC
US Senate Majority Leader Mitch McConnell (R-KY) speaks at a press conference at the US Capitol on September 22, 2020 in Washington, DC, as McConnell said in a statement that the Senate would take up President Donald Trumps nominee for the Supreme Court following the death of Justice Ruth Bader Ginsburg.

The Senate passed a bill Wednesday to fund the government into December and prevent

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US Senate passes stopgap to prevent government shutdown

The US Senate passed a budget bill Wednesday that avoids an imminent government shutdown and extends funding weeks beyond the November 3 presidential election, after Democrats reached a deal with the White House and Republicans.

The bipartisan text, which easily cleared the Senate 84 votes to 10 a week after it passed the House of Representatives, now goes to the White House.

President Donald Trump would need to sign the stop-gap measure by 11:59 pm Wednesday to avoid a partial government shutdown, as fiscal year 2021 technically begins on October 1.

The short-term legislation would keep government federal agencies operating at current funding levels until December 11, easing pressure on Congress — and presidential candidates Trump and Democrat Joe Biden — to address the issue during a heated election.

The measure adds nearly $8 billion in desperately needed nutrition assistance for children and families, and extends funding for community health

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Senate Passes Stopgap Funding Bill to Avert Government Shutdown

(Bloomberg) — The Senate Wednesday passed a stopgap spending bill needed to prevent an Oct. 1 shutdown of the federal government on an 84 to 10 vote.



a large building: The U.S. Capitol building stands in Washington, D.C., U.S., on Tuesday, Sept. 8, 2020. The Senate returns today with the Trump administration and Democrats no closer to agreement on a new virus relief package than they were when talks broke off in early August, despite the pressure of the U.S. election in 56 days.


© Bloomberg
The U.S. Capitol building stands in Washington, D.C., U.S., on Tuesday, Sept. 8, 2020. The Senate returns today with the Trump administration and Democrats no closer to agreement on a new virus relief package than they were when talks broke off in early August, despite the pressure of the U.S. election in 56 days.

The bill, H.R. 8337, which easily passed the House last week, now heads to President Donald Trump’s desk. He is expected to sign it before the midnight deadline.

The funding bill would keep the government operating through Dec. 11 at current spending levels.

Congressional Republicans and Democrats, along with White House officials, last week removed the final stumbling block, striking a deal by agreeing to provide

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