According to Mr Mogra, these include - respect for other people and the rule of law, freedom of expression and religious practice, participation in the democratic system and valuing education.

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Brazil, for its part, has made some concessions: it has scrapped subsidised credits for exports to Mercosur, and a rule that in practice required many Brazilian importers to pay in advance for Mercosur products.

ECONOMIST: Mercosur’s malaise | The

ObamaCare does this by empowering an unelected 15-member panel to rule over medicine and tell doctors how to practice, with no legislative or judicial review.

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Unfortunately, a rule proposed by the Internal Revenue Service would overturn this practice and likely result in the flight of hundreds of billions of dollars from U.S. financial institutions.

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Only the blessed accident of a hung parliament (in which neither main party will have a working majority) at the next or some future election can lead to reforms of parliamentary practice, to greater accountability and to the constitutional checks on minority parliamentary rule that Britain now lacks.

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In practice this never happened, particularly as Germany and France both fell foul of the rule.

BBC: EU finance ministers agree sanctions for budget rebels

And on February 8, 2013, HUD issued its final disparate-impact rule, codifying the practice as legal under the Fair Housing Act.

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