Good day, Bad day
Hitting reverse, Grandfather clauses
GOOD DAY FOR: Hitting reverse, after Tata Motors has reportedly agreed to restart construction on a plant in India’s West Bengal state, after state officials reached a land-compensation deal with protesting farmers. Tata said last week it was abandoning the $350 million factory for its $2,500 Nano car. (MarketWatch)
BAD DAY FOR: Grandfather clauses, after Taiwan shut down the country’s last legal brothel following the death of its 87-year-old pimp. Prostitution has been illegal in Taiwan since 1997, and the island nation stopped licensing new bordellos in 1974. Police revoked the license of this 48-year-old brothel after it was determined that the title to the business could not be transferred. (Reuters)
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