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Spain caps rent hikes in win for socialists

Bloomberg The Spanish government won final approval for an emergency decree boosting tenants’ rights at the expense of landlords less than four weeks before a general election. Prime Minister Pedro Sanchez’s Socialist administration prevailed 33 votes to 31 at the parliamentary panel that can confirm or revoke legislation when the full plenary is out of session. The measures, negotiated with ...

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Colorado drillers face tougher rules under energy-law revamp

Colorado drillers face tougher rules under energy law revamp copy

Bloomberg Colorado’s legislature passed a sweeping overhaul of the state’s oil and natural gas laws, giving local governments more power to regulate drilling in one of the nation’s top crude-producing regions. The bill, which passed the state Senate by just three votes amid intense industry opposition, now heads to the desk of Democratic Governor Jared Polis, a longstanding proponent of ...

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Italy poised to cut economic growth forecast this year

Italy set to cut economic growth forecast this year copy

Bloomberg The Italian Treasury is set to slash its growth forecast for this year and raise its projected budget deficit, according to two senior officials with knowledge of the draft outlook. The economy will expand by just 0.1 percent this year, according to the draft, which is due for cabinet approval by April 10, the officials said. The government’s previous ...

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