The Drug Enforcement Administration has issued the following final rules under the Controlled Substances Act:
The Bureau of Industry and Security has announced that Plane Cargo Inc. (PCI), a freight forwarder located in Houston, TX, has agreed to pay a civil penalty of $ 5,200 to settle one allegation that it violated the antiboycott provisions of the Export Administration Regulations.
The U.S. Postal Service is correcting the effective date of its June 22, 2010 final rule, which revised its mailing standards to treat all cigarettes (including roll-your-own tobacco) and smokeless tobacco products as nonmailable when sent in outbound or inbound international mail. The correct effective date is June 29, 2010 (corrected from August 2).
The Department of Energy has issued a supplemental notice containing additional language and definitions to its December 2008 proposed rule to amend test procedures for residential clothes dryers and room air conditioners to provide for measurement of standby mode and off mode power use. DOE will hold a public meeting on July 14, 2010, and comments are due by August 30.
The Board of Directors of the Overseas Private Investment Corporation approved up to $75 million in financing to support the establishment of a private equity investment fund designed to invest in companies that could utilize technological innovation to achieve high growth, in response to an announcement by President Obama last year. The fund will invest globally, but with a specific emphasis on OPIC-eligible countries in the Middle East, Africa, and South, Central and Southeast Asia. The fund has a target capitalization of $300 million.
The Overseas Private Investment Corporation concluded an agreement on June 22, 2010 enabling the Ukrainian Development Network (UDN), a business consulting organization based in Kyiv, to serve as an originator for a growing alliance with the private sector designed to support small and medium-sized enterprises (SMEs) expanding into emerging markets overseas.
The Justice Department reports that John Webster Warwick, 64, a Virginia Beach, Va. resident, was sentenced in U.S. District Court in Richmond, Va., to 37 months in prison for his role in a conspiracy to pay bribes to former Panamanian government officials to secure maritime contracts.The U.S. District Court Judge also sentenced Warwick to two years of supervised release following his prison term. In addition, Warwick forfeited $331,000 in proceeds of the crime.
U.S. Trade Representative Kirk welcomed President Obama’s direction to complete the U.S.-Korea Free Trade Agreement (KORUS FTA). The President has asked Ambassador Kirk to initiate new discussions with his Korean counterpart, Minister of Trade Kim Jong-hoon, to resolve outstanding issues, with the objective of completing the process by the President 's visit to South Korea for the next G-20 meeting in November.
The Government Accountability Office has issued a report on nanotechnology which concludes that nanomaterials are already widely used in commerce, but the Environmental Protection Agency faces challenges in regulating their risks.
The Justice Department has announced that Technip S.A., a global engineering, construction and services company based in Paris, has agreed to pay a $240 million criminal penalty to resolve charges related to the Foreign Corrupt Practices Act for its participation in a decade-long scheme to bribe Nigerian government officials to obtain engineering, procurement and construction (EPC) contracts. The EPC contracts to build liquefied natural gas (LNG) facilities on Bonny Island, Nigeria, were valued at more than $6 billion.