Appeals Court Denies Obama Proposal for Undocumented Immigration Permits
May 27, 2015
In a 2-1 verdict, the U.S. Court of Appeals for the Fifth Circuit has denied the Obama Administration’s request to grant work permits and a quasi-legal status to millions of undocumented immigrants.
• In a 2-1 verdict, the U.S. Court of Appeals for the Fifth Circuit has denied the Obama Administration’s request to grant work permits and a quasi-legal status to millions of undocumented immigrants. The President sought this stay in order to implement his immigration reform agenda while litigation brought by 26 states over his executive actions in this sphere continues. This ruling comes after the U.S. District Court for the Southern District of Texas placed an initial injunction on the expansion of the Deferred Action for Childhood Arrivals (DACA) program in February of this year. The decision halts Obama’s immigration reforms until the Supreme Court decides the matter, a step that is not expected to occur until at least June 2016. At that time, Obama’s presidency will be waning, leaving his legacy on immigration and future policy uncertain. [Politico, Bloomberg Government]
Economic Indicators & News
• Global smartphone sales are up 19.3% from last year. Led by emerging markets including India, Eastern Europe, and North Africa, sales have shot up to 336 million units in the first quarter. Emerging markets gained a 40% increase in sales during the quarter. Samsung led the market with 21% share. [Economic Times]
• EU and Switzerland sign agreement intended to end tax evasion. Starting in 2018, EU residents will be prevented from hiding undeclared income in Swiss banks. [BBC]
• Hackers steal personal information from 104,000 taxpayers. The thieves used information from an online IRS service to submit fraudulent tax returns, costing the IRS $50 million. Targeted from February to mid-May, the system has now been temporarily shut down. [WSJ]