Search Results for: commodity

Multiple global and local aid agencies called for $7 billion full funding for the UN response to food emergencies in the Horn of Africa Tuesday, ahead of Wednesday’s Horn of Africa High Level Pledging Conference. The conference is being hosted by the UN Secretary-General António Guterres and the governments of Italy, Qatar, the UK and [...]

It’s an uncommon association, but certain connections have been suggested between sovereignty (the highest form of earthly authority) and offerings of immortality. For the most part, at the level of philosophical investigation, such connections have not always been subtle. Observes G F Hegel (1820) in The Philosophy of Right: “The state is the march of [...]

The New York State Senate Tuesday passed the Tropical Deforestation-Free Procurement Act, a bill aimed at protecting tropical rainforests and human rights in other countries through state government relations with contractors. The bill will require state contractors who work with commodities derived from rainforests to certify that their products are not contributing to deforestation or [...]

Aynsley Genga is a JURIST Staff Correspondent in Kenya. The Kenyan shilling fell to an all time low of 129.24 shillings per dollar on Monday, signaling an increase in the cost of living amid market dollar scarcity. Dollars are becoming more and more difficult to acquire as the days progress, since even most banks do [...]

Aynsley Genga is a JURIST Staff Correspondent in Kenya.  The Supreme Court of Kenya ruled last Friday that denying LGBTQ individuals the right to associate in a registered NGO to advance their collective interest was discriminatory. This came after a 10-year battle that began back in 2013 when the lower court originally denied potential members [...]

New York Attorney General Letitia James Thursday sued ex-CEO and cofounder of crypto trading platform Celsius Alex Mashinsky for defrauding customers. James claims that Mashinsky gambled “hundreds of thousands of investors” out of “billions of dollars of investment” by making risky investments in decentralised finance and hiding the reality of his company’s dwindling assets and [...]

A UK court Thursday ordered Swiss multi-national commodity trading and mining firm Glencore to pay a £280 million ($400 million) fine after a UK Serious Fraud Office (SFO) investigation revealed the company paid over $29 million in bribes to gain preferential access to oil in Africa. Glencore pleaded guilty to seven counts of bribery in [...]

The Biden administration Friday published the “First-Ever Comprehensive Framework for Responsible Development of Digital Assets” in line with a March executive order obligating government agencies and sectoral regulators to conduct research on the effects of cryptocurrencies on consumer protection and the risks and benefits of deploying a Central Bank Digital Currency (CBDC). The framework encourages [...]

Muhammad Rayhan Ahmed is JURIST’s Bangladesh correspondent and a law student at the University of Dhaka. This is his inaugural report.  “No one believed. They listened at his heart. Little—less—nothing!—and that ended it. No more to build on there. And they, since they Were not the one dead, turned to their affairs.” These lines are [...]

A subsidiary of Swiss multi-national commodity trading and mining firm Glencore Tuesday pleaded guilty in a UK court to seven counts of bribery. Glencore Energy (UK) Ltd admitted to bribing African oil officials to gain preferential access to oil. The charges were initially raised as a part of a joint investigation with UK, US and [...]