EU COURT THREATENS U.N. ANTI-TERROR MEASURES — In a move with potentially devastating consequences for the effectiveness of U.N. counterterrorism measures, an advocate general at the European Court of Justice, Miguel Poiares Maduro, recommended to the court last week that it annul EU financial sanctions against suspected al-Qaida financier, Yassin Abdullah Kadi (aka “Qadi”). The sanctions were originally applied by the EU in 2001 in conformity with U.N. Security Council Resolutions. Kadi’s name was placed on the U.N.’s consolidated list of Qaida or Taliban affiliated persons and entities shortly after the 9/11 attacks. A series of U.N. Security Council Resolutions [...]
On Jan. 15, the government of Kazakhstan ended months of uncertainty in world energy markets by announcing that KazMunaiGaz, the country’s national oil and gas company, would assume a lead role in developing the Kashagan oil field, one of the world’s largest. The decision marks the latest instance of a government strengthening control over its valuable national resources by pressuring foreign firms to revise production sharing agreements (PSAs) negotiated years earlier. A press release issued by KazMunaiGaz concerning the new memorandum of understanding stated that it “seals the consent of all commercial participants in the consortium to transfer a stake [...]
Germany: The Return of the ‘Locusts’?
Apart from “foreigner crime” (see the previous WPR report), the other issue that has been dominating the headlines in the German media in the run up to important regional elections on Sunday is the decision of the Finnish mobile phone manufacturer Nokia to shutter a plant in Bochum in North Rhine-Westphalia and to transfer the production capacity to the Romanian city of Cluj. In an interview with the public television network ZDF, the Christian Democratic governor of North Rhine-Westphalia, Jürgen Rüttgers, went so far as to describe Nokia as a kind of “locust”: namely, for having benefited from public subsidies [...]
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