Search Results for: International law

BY KEITH NUTHALL
EUROPEAN Union proposals to make polluting energy companies and utilities legally liable for the environmental damage they cause has taken a large step towards becoming law, with EU Member States approving the idea in principle. The Council of Ministers’ decision removes the final serious hurdle to the planned environmental liability directive, as the European Parliament has already given its assent.…

BY KEITH NUTHALL
EUROPEAN Union proposals to make polluting companies legally liable for the environmental damage that they cause has taken a large step towards becoming law, with EU Member States approving the idea in principle. The Council of Ministers decision removes the final serious hurdle to the planned environmental liability directive, as the European Parliament has already given its assent.…

BY KEITH NUTHALL
FISH farms that have to slaughter their whole stock because of disease are not automatically entitled to compensation under EU law, the European Court of Justice has ruled. It said a complete cull was not an illegal attack on the property rights, even though it would be mandatory under EU legislation.…

BY RICHARD HURST, in Johannesburg
PORT Elizabeth airport, South Africa, is currently undergoing a Rand 31-million (US$4.12) upgrade to its terminals, so that they can accept international flights. The process will take approximately eight months and will see a major improvement to the current state of the airport, notably on its ability to offer customs and immigration clearance.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank is lending US$17.5 million in INDRupees to Indian textile company Alok Industries Ltd, allowing the Mumbai (Bombay)-based company to expand and modernise its facilities and meet growing demand from domestic and international customers.…

BY SWINEETHA DIAS WICKRAMANAYAKA
A SRI Lanka soap manufacturer has been given a global prize for the quality of his product seven months after the award was announced, because he had been unable to secure a visa to visit London for three days to receive it.…

BY KEITH NUTHALL
THE FINANCIAL Action Task Force (FATF), of the OECD (Organisation for Economic Cooperation and Development), has significantly toughened its 40 Recommendations on fighting money laundering that countries must comply with to avoid being blacklisted by the FATF. The changes are particularly significant, given that the OECD body has now teamed up with the World Bank and the International Monetary Fund in its efforts to fight the international flow of dirty money; a blacklisting could henceforth cost erring countries in grants and loans.…

BY KEITH NUTHALL
THE FINANCIAL Action Task Force (FATF), of the OECD (Organisation for Economic Cooperation and Development), has significantly toughened its 40 Recommendations on fighting money laundering that countries must comply with to avoid being blacklisted by the FATF. The changes are particularly significant, given that the OECD body has now teamed up with the World Bank and the International Monetary Fund in its efforts to fight the international flow of dirty money; a blacklisting could henceforth cost erring countries in grants and loans.…

BY KEITH NUTHALL
A HUGE increase in international compensation for oil spill victims will be made available via a new International Maritime Organisation coordinated fund. National membership will be voluntary, but will probably apply in Europe, as the plan was an EU initiative.…

BY MARK ROWE
IN the days of the Soviet Union, many millions of men and women had a choice of one state-manufactured brand of shampoo, toothpaste or soap. If anything, the authorities managed to limit even further access to such “indulgences” as perfume.…