Search Results for: International law

BY MONICA DOBIE
THE US Supreme Court has rejected a lawsuit brought by the Canadian government against R.J. Reynolds, which sought to recover US$1 billion in taxes and revenues allegedly lost through cigarette smuggling from 1991 to 1997.

Canada claimed R.J.…

BY KEITH NUTHALL
INTERNATIONAL scientists coordinated by the Munich-based Max Planck Institute for chemistry has discovered evidence of environmentally damaging high pollution levels over the Mediterranean Sea. They believe high levels of sulphate and soot particles in the troposphere could reduce evaporation of the sea and reduce the amount of rainfall in the Middle East and north Africa.…

Keith Nuthall
THE EUROPEAN Commission has welcomed the deal struck between the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) to harmonise their systems by 2005, because it strengthens EU legislation requiring the use of IAS.…

BY KEITH NUTHALL
IMAGINATIVE fraudsters have stolen a march on the International Chamber of Commerce (ICC) by issuing a fake insurance policy in its name, which claims to protect businesses against the effect of an earlier false ICC insurance guarantee that the global business group unmasked this summer.…

BY KEITH NUTHALL
THE SECRETARIAT for the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) has released a report advising nurseries and customs officers about the world’s illegal trade in wild rare plants; the World Wildlife Fund says annual volumes are in the 100,000’s even millions.…

KEITH NUTHALL
THE EUROPEAN Commission has closed competition investigations threatening the future of two international aviation cooperation deals: the Star Alliance of Lufthansa, SAS and United Airlines; and the KLM-Northwest Airlines compact. Brussels halted inquiries into Star after its partners offered to surrender slots at Frankfurt airport to allow competing services on the Frankfurt to Chicago, Washington, Los Angeles and San Francisco routes.…

BY MATTHEW BRACE
WHEN IATA’s Director General and CEO, Pierre J Jeanniot, spoke at the opening of his organisation’s 58th AGM and the World Air Transport Summit in Shanghai on June 3, 2002, he lamented the industry’s losses of US$12 billion the previous year.…

BY KEITH NUTHALL
THE MOVE of the secretariat of the International Cocoa Organisation to Abidjan, Ivory Coast, from London, has been postponed because of the political and military turmoil in the country. The decision to go ahead with the move had only been taken this May.…

Keith Nuthall
BRITAIN remained an averagely taxed economy compared with its competitor rich nations in the Organisation for Economic Cooperation and Development (OECD), according to a new report from this international think-tank. It says that the share of Britain’s GDP represented by tax take remained at 37.4 per cent in 2001, the same as in 2000.…

Keith Nuthall
IMAGINATIVE fraudsters have stolen a march on the International Chamber of Commerce (ICC) by issuing a fake insurance policy in its name, which claims to protect businesses against the effect of an earlier false ICC insurance guarantee that the global business group unmasked this summer.…