With the imminent demise of the Tran-Pacific Partnership Agreement almost certain, there are many lessons to be learnt from the fraudulent free trade deal.
Romania has asked the United Nations to make a Transylvanian village boasting 18th century houses and intact Roman mining shafts into a World Heritage site in move that could protect it from a gold mine project.
Foreign firms tend to be treated at least as well by host state governments as comparable domestic firms in the vast majority of cases. There is a political advantage, as opposed to liability, of being a foreign firm.
The Venezuelan Solicitor General’s Office (PGR) said that a request has been analyzed to overturn the arbitrary award issued by the International Center for Settlement of Investment Disputes (Icsid)
The annulment committee formed by the World Bank’s ICSID has ruled that Venezuela must pay oil services company Tidewater $37 million for the expropriation of its ships and rigs in 2009.