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China's central bank chief said today that the country's banks would be empowered to set their own lending and savings deposit rates within the next three years, an important step toward opening the tightly controlled Chinese financial markets.
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EMPOWER: Parents and donors are empowered to set the parameters of their own relationships, without a middleman, and without waiting 18 years.
In the Netherlands, the courts have occasionally been empowered to set wages, but the resulting decisions have often been uncoordinated with the rest of stabilization policy.
Under the resulting system, the council is empowered to set tax rates, formulate the budget, and organize or abolish any agency of the District's government.
Empowered to set an election date, Mr. Brown has 12 months at the most — until the end of Labor's five-year parliamentary mandate — to make that call.
In a third phase councils would be given control over central government capital housing budgets, and also empowered to set higher rent levels for richer tenants.
One constructive action lawmakers could take is to put some teeth back in the Obama proposal for a Medicare commission that would be empowered to set rates for hospitals, doctors and other providers, subject to congressional veto.
"I.P.A.B. is an unelected and unaccountable board of 15 bureaucrats empowered to set Medicare reimbursement rates in order to control costs, and it will mean rationed health care for our nation's senior citizens," they wrote.
The Council is also empowered to set up a commission to prepare for the drafting of a new constitution, the first step toward free elections and the transfer of power to a fully sovereign Iraqi government.
But they would be empowered to set strategic objectives for the police and ensure that those objectives are met, with the ultimate sanction of being able to hire and fire the chief constable.
California is the only state empowered to set its own pollution standards.See article: California v greenhouse gasesMontevideo nastyUruguay's dire economic crisis deepened: the tiny country's reserves fell sharply to less than a third of their value at the start of the year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com