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NGOs Lay Groundwork for BHR Plan in Guatemala
July 27, 2016
The International Corporate Accountability Roundtable and a Guatemalan nongovernmental organization have announced their work toward a National Baseline Assessment of Guatemala's implementation of the global business and human rights agenda and their support of a "national action plan" on advancing BHR policies in the country.
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HRW: World Bank Project Safeguards Are Insufficient
July 26, 2016
As activist groups place increasing pressure on businesses and development organizations to implement the UN's human rights agenda, Human Rights Watch has expressed disappointment with the World Bank's new framework of environmental and social safeguards in the projects it finances for not including a binding commitment to respect human rights.
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Japanese NCP Accepts Power Plant Complaint
July 26, 2016
Japan's National Contact Point for the OECD Guidelines for Multinational Enterprises has accepted a complaint supported by activist organizations Greenpeace Indonesia and Friends of the Earth Japan calling, in part, on an energy company to perform human rights and environmental "due diligence" prior to constructing a power plant in Indonesia.
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Article Criticizes EU Conflict Minerals Agreement
July 26, 2016
A blog post published by nongovernmental organization Global Witness criticizes legislation agreed by the EU institutions on "conflict minerals" for not going far enough in requiring companies to publicly report their efforts to exclude all such minerals from their products.
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IMF Calls for US Corporate Tax Reform
July 26, 2016
Assigning partial blame to the complex US corporate tax system for the removal of business revenue to low-tax jurisdictions, the International Monetary Fund has called for the US to introduce incremental reforms to the system toward lower, less complex corporate taxes and a "territorial system" of taxation that excludes some revenue from foreign subsidiaries.
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