Search Results for: Financial Crisis

Law students and law graduates in Pakistan are reporting for JURIST on events in that country impacting its legal system. Here, Eisha Chaudhry, a law student in the final year of her external LL.B. program at the University of London, reflects on the floods that have lately devastated so much of Pakistan and have prompted [...]

The new government of Ferdinand Marcos Jr and Sara Duterte is employing tricks and propaganda to entrench impunity and ward off the International Criminal Court’s long-delayed probe of crimes against humanity committed during former president Rodrigo Duterte’s reign of terror. The latest of these ploys is the government’s attempt, through the Office of the Solicitor [...]

Indian scholar Dadabhai Naoroji championed the theory of the ‘drain of wealth.’ The drain of wealth referred to the ‘tribute’ or the unrequited transfer of resources from the colony to the colonial metropolis. In other words, this theory refers to a portion of the national product of India which was not available for consumption by [...]

Afghan law students and young lawyers in Afghanistan have been reporting on the ground from that country since the Taliban took Kabul in August 2021. Here, one of our correspondents in Kabul considers some of the changes that have taken place in Afghanistan over the past year. For privacy and security reasons, we are withholding [...]

Opioid manufacturer Teva Pharmaceuticals Industries Tuesday announced a $4.35 billion settlement with state and local governments to resolve lawsuits concerning Teva’s role in fueling the US opioid epidemic. The settlement is not yet finalized. Teva is an Israeli multinational pharmaceutical company which manufactures prescription medication including opioids. In recent years, US states, cities, counties and [...]

“Just watch me.” Prime Minister Pierre Trudeau uttered these words to a CBC reporter in October of 1970 when Quebec’s deputy premier and a British diplomat were kidnapped by violent Québécois separatists. Reporter Tim Ralfe may not have known it, but the elder Trudeau’s words signaled a monumental change in how Canada would treat civil [...]

UN Special Rapporteur on extreme poverty and human rights Olivier De Schutter, in a report published Wednesday, condemned the Lebanese government and the central bank for the country’s worst economic and financial crisis, which has pushed most of its population into poverty. The report categorises the crisis as entirely manufactured by failed government policies which [...]

In October 2021, Poland’s Constitutional Tribunal ruled that in the event of a conflict between the Constitution of Poland and the treaties of the European Union, the Polish Constitution will reign supreme. The Tribunal concluded that Article 4(3) of the Treaty on European Union, in conjunction with Article 279 of the Treaty on the Functioning of [...]

These days, the Sri Lankan rupee has fallen by almost 45 percent compared to the US dollar. Its foreign exchange reserves are nearly dry, having dropped below $1 billion. Meanwhile, the island nation has to repay debts of about $4 billion in the rest of this year, including a $1 billion international sovereign bond that [...]

Sri Lankan police Tuesday opened fire at people who were protesting against the new fuel price hike, killing one and injuring 13 others. This was the first incident of shooting by security forces during weeks of demonstrations over the country’s worst economic crisis in decades. Sri Lanka is facing the worst financial crisis in its [...]