Latest News for: Global arbitration


G7 says China's expansive maritime claims in SCS have no legal basis

Manila Bulletin 08 Dec 2023
"We reiterate that the award rendered by the Arbitral Tribunal on July 12, 2016, is a significant milestone, which is legally binding upon the parties to those proceedings, and a useful basis for peacefully resolving disputes between the parties," they added in a statement issued after their leaders virtually met on Dec.

Qatar Classic Cars contest and exhibition 2023 launches at The Pearl Island

Gulf-Times 06 Dec 2023
In addition, it aims to acquaint audiences from diverse cultures with the significance of collecting classic cars, a pursuit that has garnered unprecedented global interest. He added that this year, the Classic Cars competition will take place “in the presence of arbitrators from ...

Wolters Kluwer takes over European Investment Law and Arbitration Review

Longview News-Journal 05 Dec 2023
"We are thrilled to collaborate with Wolters Kluwer to continue providing the global legal community with cutting-edge and authoritative analysis on European investment law and arbitration topics," said Nikos Lavranos, first Secretary General of EFILA, and Loukas Mistelis, Professor of Transnational Law and Arbitration.

ICE Awarded $155 Million For PennyMac Misuse of Black Knight Confidential Information in Mortgage Servicing Software

Enid News & Eagle 05 Dec 2023
(NYSE.ICE) a leading global provider of data, technology and market infrastructure, announced that an arbitrator has found PennyMac Loan Services engaged in unauthorized use of Black Knight’s confidential information in building the PennyMac Servicing Systems Environment (SSE).

Argentina’s Javier Milei Administration: The Lunatic, the Beautiful and the Rich

GlobalResearch 05 Dec 2023
To receive Global Research’s Daily Newsletter (selected articles), click here ... This department of the World Bank provides an arbitration tribunal that becomes active whenever a global corporation feels that its investment activities are being disrupted by the democratically legitimate decisions of national governments.

Low emissions and economic survival—countries in the global south aren't getting a fair deal

Phys Dot Org 01 Dec 2023
For countries in the global south this is a huge task ... But, unless these changes are made in a manner that considers historical responsibility for the economic imbalances between countries, they risk crippling the economies of the global south ... This has led to calls for reform of the arbitration regime that applies to investors and states.

Ottawa, Google reach 'historic' deal to support Canadian media

The Manila Times 30 Nov 2023
Google global affairs president Kent Walker said the company was "pleased that the government of Canada has committed to addressing our core issues with Bill C-18." ... million) by requiring them to make commercial deals with Canadian news outlets, or face binding arbitration.

Ottawa, Google reach deal to support Canadian media

Urdu Point 29 Nov 2023
Ottawa had estimated the Online News Act could cost the pair a combined Can$230 million (US$170 million) by requiring them to make commercial deals with Canadian news outlets or face binding arbitration.

Xi: Bolster rule of law in foreign affairs

ECNS 29 Nov 2023
Taking these steps better safeguards interests of nation and people, he says ... He underlined the legal system related to foreign affairs as the foundation for the rule of law in the sector ... China must proactively build up its legal services related to foreign affairs and foster globally leading arbitration institutions and law firms, he said ... ....

Italy's Eni wins $600 mln case against Germany's Uniper

Natural Gas World 28 Nov 2023
LONDON/MILAN/FRANKFURT, Nov 27 (Reuters) - Uniper has to pay 550 million euros ($600 million) to Italy's Eni, three trading sources said on Monday, as a result of an arbitration court ruling over a liquefied natural gas (LNG) supply contract that expired in 2022 ... Arbitration proceedings over gas supply contracts are not uncommon in the industry.

Li: Cooperation a priority for G20

ECNS 24 Nov 2023
Premier says China will work with all parties to advance global recovery ... "It is important to achieve an effective optimization of the global economic governance system, in particular, to restart the WTO in its entirety, including its arbitration function," Putin said.

Senate boss, Speaker to urge China lawmakers to help in crafting COC

Manila Standard 23 Nov 2023
The issue of tensions in the West Philippine Sea (WPS) or the arbitral ruling of the Permanent Court of Arbitration ... Let us remember that resorting to judicial procedures, including arbitration, is not an unfriendly act, but a practice of responsible global citizenship,” he added.

Western policies putting global economy under colossal stress Putin

Beijing News 23 Nov 2023
Speaking via video link, the Russian leader noted that measures taken by governments, including those defended as necessary to fight the effects of the pandemic, have led to global economic turmoil ... According to Putin, "It is important to achieve effective optimization of the system of global economic management.

PH is for 'a rules-based international order', Speaker affirms

Manila Bulletin 23 Nov 2023
The Philippines is unwavering in its intention to work with regional and global partners for a rules-based ... Let us remember that resorting to judicial procedures, including arbitration, is not an unfriendly act, but a practice of responsible global citizenship,” he added.

Russia has never refused peace negotiations with Ukraine: Vladimir Putin

Beijing News 22 Nov 2023
New powerful centres of global economic development are emerging and strengthening. A significant share of global ... "It is important to achieve effective optimisation of the system of global economic governance, namely, to restart the WTO in full, including its arbitration function.