finance | banking | taxes


How capitalism and other viruses are ravaging the Global South
The economic hegemony exerted by the trade regime — and related financial structures — mirrors and extends old colonial patterns of exploitation and dispossession. Its policies represent our “normal.”
Cashing in on the pandemic: How lawyers are preparing to sue states over COVID-19 measures
As governments take action to fight the COVID-19 pandemic and prevent economic collapse, they could face multi-million dollar lawsuits.
UK puts banking at heart of objectives for Japan trade deal
The UK has put financial services access at the center of its objectives for a trade deal with Japan.
Axiata unit pays US$185mil outstanding tax
Axiata said the payment was made under protest and will seek remedies including restitution of sums already paid in the international arbitration proceedings.
Could COVID-19 emergency measures give rise to investment claims? First reflections from Italy
Emergency measures to prevent the spread of the coronavirus and protect the economy could lead to claims under bilateral investment treaties.
Cerro Verde to open ICSID case against Peru
Cerro Verde, a partnership between Freeport McMoran and Buenaventura, is to bring a case against Peru related to a taxation dispute at the ICSID under a US-Peru trade agreement.
UK eyes speedy banking deal with US in parallel trade talks
The UK and US may seek a quick deal on financial services separate from the free trade accord the two are negotiating, a British official said.
Arbitration case law update: Supreme Court lifts stay on enforcement of ICSID award: the Micula saga continues
This is far from the end of the Micula story. Enforcement proceedings continue in the United States, France, Belgium, Luxembourg and Sweden, and there are questions before the CJEU.
Vodafone, Cairn eligible for settling disputes under tax amnesty scheme
Vodafone’s dispute relates to its $11 billion acquisition of a 67% stake in the mobile-phone business owned by Hutchison Whampoa. Cairn Energy is contesting a big tax bill that Indian government raised for a 2006 transaction.
Britain wants Canada-style trade deal with EU - minister
Britain wants a Canada-style agreement with the European Union that includes goods and services.