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Cleaning up Greece's wasteful and corrupt state sector, and regaining citizens' trust, will take years. The government is pinning its hopes on increasing tax revenues. Some of that will come from new taxes on items such as luxury goods and fuel. But Athens also insists it can raise $1.67 billion in the short term by cracking down on tax evasion. The government has promised a radical reform of the country's complex and inefficient tax system and says a comprehensive new law, which is intended both to simplify the system and to spread the tax burden more fairly, will...
...Airlines and five individuals went on trial on Feb. 2 for manslaughter for their alleged roles in the episode. A French inquiry found that a titanium strip left on the runway by a departing Continental plane pierced one of the Concorde's tires and the rubber debris punctured a fuel tank, causing the aircraft to catch fire. Continental's lawyers say they can prove that the Air France flight caught fire beforehand. The trial is expected to last four months; if found guilty, the individual defendants could face up to five years in prison, while Continental could be fined more...
...case of “human error” caused 2,500 gallons of diesel fuel to spill at a Massachusetts Water Resources Authority plant in Cambridge yesterday morning, with about 1,000 gallons of the fuel leaking into the Charles River...
Frederick A. Laskey, MWRA executive director, said that “human error” in the configuration of the facility’s valves caused a tank to be overpressurized, resulting in fuel going through the vent of the facility. The fuel spilled first onto the roof, then onto the driveway, and eventually into the Charles...
...ready to confront its opponents at home and abroad. On Monday, Iran notified the International Atomic Energy Agency that it would begin enriching its uranium stockpiles to 20% concentration, from its current level of 4%. Though the government says the higher level of enriched uranium would be used to fuel a medical reactor, each step Iran takes in advancing its nuclear-development program increases international suspicion that it intends to build a nuclear weapon...