Search Results for: International law
10 results out of 11030 results found for 'International law'.
ICELAND IMPORTER
Keith Nuthall
AN ICELANDIC drinks importer could win compensation from the Iceland government, after the European Free Trade Area Court found that Reykjavik had broken the rules of the European Economic Area, (of which Iceland is a part), by maintaining its alcohol importation monopoly until December 1995.…
NUCLEAR SCRAP
BY DEIRDRE MASON
SOME 12 million tonnes of scrap metal – mainly steel – are expected to enter global markets this decade as redundant nuclear power stations are closed down worldwide; in Europe, there is likely to be a surge from 2003 onwards, via a closure programme for obsolete plants in the eastern European countries applying to join the EU.…
TURKISH LOAN
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation, of the World Bank, is investing US$10 million in Turkish tiles manufacturer Eczazibasi Karo Seramik A.S (EKS) to help the company overcome working capital shortages, improve production efficiency, and boost exports. The is part of the corporation’s ongoing support for Turkey’s private sector following last year’s financial crises, which restricted the flow of international capital.…
SAFETY REFORMS
BY MARK ROWE
PEDESTRIANS and cyclists involved in an accident with a car would be covered by the insurance of the vehicle, even if they caused the incident, if proposed amendments to European law are agreed. Changes tabled to the EU’s Fifth Motor Insurance Directive by Erkki Liikanen, EU Commissioner for Enterprise and the Information Society – will go before European Parliament for first reading this autumn.…
TURKEY LOAN
BY KEITH NUTHALL
THE EUROPEAN Investment Bank has drawn up plans to lend around Euro 100 million to Turkey’s ministry of national education, to help the country continue improving its primary schools by installing information technology equipment into 6,800 classrooms.
This plan is part of a much larger programme of the ministry to introduce IT classes in Turkey’s compulsory education system, which was extended from five to eight years by the country’s Basic Education Law (1997); the law also aims to boost quality in primary education.…
GLOBAL POLL
Keith Nuthall
A WORLDWIDE poll of 1,000 business experts has revealed overwhelming global support for the idea of agreeing uniform international accounting principles. The survey, staged by the International Chamber of Commerce and the Munich-based Ifo Institute, revealed that the experts generally considered uniform principles were either “very important,” (51per cent), or “important,” (46 per cent), for achieving higher standards.…
ICAO WAR COVER
BY KEITH NUTHALL
THE COUNCIL of the International Civil Aviation Organisation has agreed to set up a non-profit service, offering airports, ground handlers and airlines third-party war risk liability insurance cover from US$50 million per insured, should the commercial market continue to withdraw such protection.…
JEWELL INTERVIEW
BY KEITH NUTHALL
EVERY minute of every day a million smokers light up a cigarette made by BAT and the company’s goal is that every one of them is perfect. How does BAT manage this, and at the same time meet its production, technical and environmental challenges when operations are on such a colossal scale ?…
SUDAMERICANA LOAN
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank has announced that it is investing US$100 million in Coumbian insurance and finance company the Suramericana Group; the investment is one of the most comprehensive projects ever undertaken by the IFC in Latin America.…
ICC SCAM
BY MONICA DOBIE
THE INSURANCE industry is being warned by the International Chamber of Commerce’s Commercial Crime Bureau (CCB) to be suspicious of documents promoting policies using the good name of the ICC.
Fraudsters are mentioning a fake standard called the “Modified Insurance Guarantee ICC 4081,” used in fraudulent documents relating to bank guarantees and letters of credit to add credibility to fictitious policies and high yield investment schemes.…