Search Results for: commodity

The World Trade Organization (WTO) early Friday agreed to the first changes to global trade regulations in many years, following contentious round-the-clock negotiations. Seven decisions and declarations were agreed upon by day six of the WTO Ministerial Conference, which was originally planned for four days. Much of the contention came from negotiations around an intellectual [...]

Japan’s House of Representatives Friday passed the first-ever stablecoin investor protection bill, regulating who is able to issue them and how they are linked to an existing tender. Stablecoins are a unique type of cryptocurrency, with their value directly tied to an outside asset such as legal tender or commodities, in order to create more stability [...]

Swiss multi-national commodity trading and mining firm Glencore agreed to pay over $1.1 billion to the US Tuesday as a part of a series of guilty pleas with the US, UK and Brazil. Glencore International A.G. and Glencore Ltd. both pled guilty to violations of the Foreign Corrupt Practices Act (FCPA), an anti corruption law, [...]

The Canadian government announced new sanctions against Russia Friday, in addition to the sanctions already in place. According to Mélanie Joly, the Minister of Foreign Affairs, the new sanctions will add 14 individuals with ties to Russian President Vladimir Putin to the individual sanctions list. The new sanctions will also cover luxury goods such as [...]

The White House Sunday announced that it had sanctioned multiple Russian bank executives, barred US assets from three Russian television stations and banned accounting services from US citizens to anyone in Russia. These sanctions represent an effort by the US to exert financial pressure on Russia in response to Russia’s invasion of Ukraine and to [...]

In world politics and international law, meaningful explanation must always begin with the solitary human being, with the microcosm. This generalized individual, regardless of nationality, seeks to maximize one form of power above all others.  In essence, this searched-for ultimate power is power over death. To continue, there is considerable legal detail for scholars to [...]

The UN High Commissioner for Refugees (UNHCR) Friday said that the UK’s plan to export its asylum obligations by transferring asylum seekers and refugees to Rwanda for asylum processing is a violation of international law. British Prime Minister Boris Johnson Thursday announced that under the UK and Rwanda’s new migration and economic development partnership, “nyone [...]

India and Australia Saturday signed an economic pact, entitled “The India-Australia Economic Cooperation and Trade Agreement” (IndAus ECTA), that will eliminate tariffs on over 85 percent of Australian good exports to India. Prime Minister Modi of India remarked that this agreement will contribute to the stability of the Indo-Pacific region. The free trade agreement is anticipated [...]

“The dust from which the first man was created was gathered in all four corners of the earth.”          – Talmud Reforming International Law In the midst of Russia’s escalating crimes against Ukraine, the United States and other nations have one widely  overlooked obligation: To re-examine and re-conceptualize core elements of authoritative [...]

When Vladimir Putin decided to invade Ukraine in February, the international community responded with “unprecedented” and “severe” sanctions against Russia. Their expansive scale essentially leads to Russia’s economic and even political isolation. The purpose of the sanctions is clear: to punish Putin’s regime for the violation of international law and stop its military aggression against [...]