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22 Dec 2016, 3:20 pm
As the sun sets on eight years of an Obama administration, the United States of America, long quite remote as an institutional body from the global projects for the management of business activities with human rights effects, has now produced a National Action Plan on Responsible Business Conduct (US-NAP).National Action Plans (NAPs) are policy documents in which a State articulates priorities and actions that it will adopt to support the implementation of international, regional, or national… [read post]
21 Dec 2016, 11:00 am
Russia Embraced Responsibility for Syria’s Civil War Russia has been supporting the Assad regime since the beginning of the Syrian civil war, but the nature of that support changed this year. [read post]
5 Dec 2016, 2:16 pm
In the aggregate, these developments portend a potential challenge to the existing international economic and legal architecture of the post WW2 era – the dominance of the IMF and World Bank, and the USD as the premier reserve currency. [read post]
Italy's Constitutional Referendum: A View From Italy in Conversation With Flora and Alessandro Sapio
3 Dec 2016, 7:43 pm
Those changes and that vote also provide a window into the malaise that has spread throughout Western liberal democracies, and the difficulties of using the techniques of simple democratic voting by sovereign masses considering a large and integrated set of changes with respect to which they have had relatively little direct input. [read post]
Ruminations 66/Democracy Part 37: "Las Ideas no se Matan;" Thoughts on the Death of Fidel Castro Ruz
26 Nov 2016, 8:27 pm
(Pix © Larry Catá Backer 2016)"Querido pueblo de Cuba. [read post]
14 Nov 2016, 10:36 am
With the introduction of the will, one could choose where the property went, but there was a need to have supervision by the King’s court so that the sovereign could always keep track of where assets ended up. [read post]
14 Nov 2016, 2:12 am
” Many States the world over manage large portfolios on State-owned enterprises (SOEs), which have risen as significant actors in the global economy, active at home and abroad in diverse sectors such as energy, utilities, infrastructure, transports, telecommunications, and banking. [read post]
10 Nov 2016, 8:29 pm
The petition of the day is: Bank Melli v. [read post]
7 Nov 2016, 6:17 am
That doesn’t necessarily mean that independence is impossible—Iraq itself is kept afloat by sovereign debt and loans from international development banks—but it does mean that popular support for independence may wane in the short run. [read post]
24 Oct 2016, 6:25 pm
WELLS FARGO BANK, N.A., et al., Appellees. 3rd District. [read post]
22 Oct 2016, 6:45 pm
Alternatively, it has been fashionable, especially among SWFs in developing states, to recast SWFs as an alternative to development banks. [read post]
21 Oct 2016, 8:21 am
National Australia Bank, which Alito cited in RJR, argued that extraterritorial application of U.S. securities law would interfere with France’s ability to regulate its own securities market. [read post]
17 Oct 2016, 8:00 am
Supreme Court had dismissed his City HRL claims on the independent ground of sovereign immunity. [read post]
13 Oct 2016, 8:31 am
The Bank Markazi Court nevertheless upheld § 8722, including its retroactive application, closing with language making it clear that Congress was on solid ground: “By altering the law governing the attachment of particular property belonging to Iran, Congress acted comfortably within the political branches’ authority over foreign sovereign immunity and foreign-state assets. [read post]
11 Oct 2016, 1:59 pm
Consequently, the LIA fund purchased in excess of $2 billion worth of bullish derivative bets on US banks, including Citibank, Lehman Brothers, and the French Utility EDF Group. [read post]
6 Oct 2016, 10:08 am
It is deferential to sovereign interests, yes. [read post]
3 Oct 2016, 7:26 am
It could hardly have been the essential need for investment by the Fund, when access to capital, including from other Sovereign Wealth Funds in Asia might have been readily accessed. [read post]
29 Sep 2016, 11:19 am
This cause of action is created through an amendment to the Foreign Sovereign Immunities Act (the new 28 U.S.C. [read post]
27 Sep 2016, 10:16 am
Bank of America, 549 F.2d 597 (9th Cir. 1976), Mannington Mills, Inc. v. [read post]
26 Sep 2016, 11:02 am
(John Thys/Agence France-Presse via Getty Images) Human Rights Watch published a long, graphics-rich report on Sunday denouncing Israeli semi-pro soccer (football) clubs in towns in the West Bank. [read post]