Greece Eurozone Exit May Mean EU Exit

June 24, 2015

Politico reports that some legal observers have found, based on the text of the EU treaties, that if Greece defaults on its loans and must exit the eurozone, it must be forced to exit the EU as well, dealing a potential blow to the credibility of the economic bloc.

OECD Action Plan Promotes Global Governance of Businesses

June 22, 2015

The Organisation for Economic Cooperation and Development (“OECD”) has published its Action Plan on Base Erosion and Profit Shifting (“BEPS”), the tax policy action items of which include an extensive country-by-country corporate revenue and tax policy reporting requirement and the adoption of an international treaty.

Schaefer: US Should Press UN on Funding Allocation

June 17, 2015

Brett Shaefer of the Heritage Foundation has called on the Obama Administration to press the UN Committee on Contributions to spread the burden of UN expenses more fairly across its members and to give larger contributors more of a say over UN budgetary decisions.

Kelly: G-7 Advances Burdensome BHR Agenda

June 09, 2015

In a recent interview, President of Solidarity Center for Law and Justice Jim Kelly explains how the G-7 group of nations' support for the UN agenda on business and human rights ("BHR") could impose costly, UN-driven regulations on businesses and deter them from spurring economic growth in developing countries.

 

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  • Report: UN Lacks Tools Needed for Global Governance

    June 26, 2015

    A recent report by former US Secretary of State Madeleine Albright and other diplomats argues that the UN does not have the necessary tools to deal with existing world challenges and calls for reform of the UN Security Council and various UN agencies to facilitate global governance.

     
  • UN Pushes for Use of Passenger Information to Fight Terrorism

    June 26, 2015

    The UN Counter-Terrorism Committee Executive Directorate has called for greater government use of a global advance passenger information system for airline carriers in order to restrict the international flow of terrorist fighters.

     
  • UN Agency: Take Action on Climate to Create Jobs

    June 26, 2015

    At a recent summit, Director-General of the UN's International Labour Organization Guy Ryder argued that the promise to countries that adopt the UN's sustainable development agenda and transition to "green economies" includes more quality jobs for workers.

     
 
  • NGO: Corporate Lawyers Need Human Rights Expertise

    June 26, 2015

    As a growing number of law organizations promote a duty of attorneys to push the global business and human rights ("BHR") agenda, Lise Smit of the British Institute of International and Comparative Law writes that corporate lawyers must develop the knowledge to advise their clients on human rights due diligence.

     
  • NHRI Committee Calls for Binding BHR Treaty

    June 26, 2015

    Finding an escalation in corporate business and human rights ("BHR") violations despite the UN Guiding Principles on BHR, a committee of National Human Rights Institutions ("NHRIs") has supported the development of a legally binding BHR treaty that would apply both to transnational and domestic businesses.

     
  • Paper Calls for "Non-National" BHR Enforcement Mechanisms

    June 26, 2015

    A paper by Nicolás Zambrana Tévar of the Kazakhstan Institute of Management argues that the development of "non-national enforcement mechanisms," such as mediation and arbitration, could be useful in solving business and human rights ("BHR") disputes in the context of transnational businesses.

     
 
  • EU Pushes Revised Corporate Tax Proposal

    June 26, 2015

    EU Commissioner Pierre Moscovici has called for support of a revised proposal that creates a mandatory common corporate tax base across the EU, including among countries, like Ireland, where skeptical officials have questioned the proposal's effectiveness.

     
  • Schulz: UK-EU Renegotiation Based on Lies

    June 26, 2015

    The Telegraph reports that, while calling for Britain to remain in the EU, arguing that "the UK belongs to the EU," President of the European Parliament Martin Schulz said the campaign in the UK to renegotiate the terms of its EU membership is pushed forward by "outright lies" and irrational fear of migrants.

     
  • Former Irish Minister: EU Used Undue Pressure to Force Bailout

    June 26, 2015

    Kevin Cardiff, head of the Irish finance ministry when the Government of Ireland accepted a "bailout" from the EU and International Monetary Fund in 2010, has stated that the EU or the European Central Bank used media briefings to undermine trust in Irish markets and pressure Ireland to accept the bailout.