Tag: World Bank ICSID

World Bank ICSID
Friday, April 27th 2012 - 23:11 UTC

World Bank Food Price Watch jumped 8% in four months to March

Maize increased 9%; soybean oil 7% and wheat 6%, but oil was up 13%

Global food prices increased by 8% from December 2011 to March 2012 due to higher oil prices, adverse weather conditions, and Asia’s strong demand for food imports, according to the World Bank Group’s latest Food Price Watch.

Thursday, May 26th 2011 - 00:35 UTC

Philip Morris takes Uruguay to international court because of tobacco-ban policy

US lawyer Paul Reichler assumed the defence of Uruguay at the ICSID

One of the world’s biggest tobacco companies is launching a claim against Uruguay for considering the country’s legislation commercially damaging to the company. Philip Morris corporation has filed a claim at the International Centre for Settlement of Investment Disputes (ICSID), a World Bank branch.

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