WTO approves sanctions on US over antidumping law News
WTO approves sanctions on US over antidumping law

[JURIST] The World Trade Organization Friday approved sanctions against the US for failing to repeal the Byrd Amendment, federal legislation that directs US Customs to distribute duties collected as a result of "antidumping" and countervailing duty orders to US goods producers found to have been injured by foreign dumping and subsidies. The sanctions were supposed to have been approved Wednesday, but US diplomats held last-minute discussions with European and Canadian diplomats in an unsuccessful effort to avoid them. The exports upon which sanctions were imposed range from ski jackets to almonds and could extend to mobile homes, glassware, textiles, and more. The Business Times has more.

THIS DAY @ LAW

Laws of Burgos put into effect

The Spanish Crown put the Laws of Burgos into effect on December 27, 1512. These laws governed the relationship of Spanish settlers with the indigenous peoples of the Caribbean. The laws established the encomienda system of labor, promoted conversion to Catholicism, and safeguarded the indigenous peoples from physical abuse.  However, historians argue that the laws were ineffective at protecting the rights of the indigenous population. Learn more from the Library of Congress.

Prohibitionist Carrie Nation carried out her first public bar smashing

On December 27, 1900, militant Prohibitionist Carrie Nation carried out her first public smashing of a bar, at the Carey Hotel in Wichita, Kansas. Nation argued that destroying bars was an acceptable means of battling the liquor trade since the Kansas Constitution prohibited alcohol. Learn more about Carrie Nation.

World Bank created

On December 27, 1944, the World Bank was created during the United Nations Monetary and Financial Conference in Bretton Woods, New Hampshire, USA. Learn more about the history of the World Bank.