Tag: World Bank ICSID

• Wednesday, November 28th 2012 - 20:28 UTC

  Argentina faces 65bn dollars in claims; plans to abandon international litigations court

  

  Argentina faces 42 claims at the World Bank’s ICSID in which the plaintiffs are demanding compensations for almost 65 billion dollars, revealed Eduardo Barcesat legal advisor to the Argentine Treasury and one of several lawyers who has defended the country in those litigations.

• Friday, April 27th 2012 - 23:11 UTC

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

  

  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

  

  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.