Modern Diplomacy
Published 2 months ago
This week the Chinese began New Year celebrations. The year of the Ox commenced on February 12 and ends on January 30, 2022. The ox is a hard-working animal, thus the year portends less stasis and greater movement.
While on the subject of zodiac signs, it is worth mentioning that Chinese leader Xi Jinping was born in 1953, which was the year of the snake. Yes, it sounds bad but it’s not. People born in the year of the snake are said to be calm, thoughtful, reticent and act on their own judgment.
Checking out President Joe Biden who was born in 1942, it turns out to be the year of the horse. Expected personality traits for this birth year are warmth, abundant energy and passion.
Mongolia-World Bank Group Partnership: Three Decades of Partnering for Prosperity
02/14/2021 | 11:55pm EDT
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Required fields It all began exactly thirty years ago. On February 14, 1991, the eve of Tsagaan Sar, Mongolia joined the World Bank Group[1]. This was the period when the country had just gotten on the path of democracy, free market, and openness to the outside world. Mongolia rightly took pride in this transition but, at the same time, it presented enormous challenges, including a sharp economic contraction. Following the cut of external aid, the hardship was felt by Mongolians every day. Long lines were visible on every street corner for rationed food.
Facing more than 35 investment dispute claims, the government has failed to deploy a substantial strategy
Pakistan’s performance at international investment dispute resolution forums in the recent years has been quite abysmal. Misplaced priorities, lack of interest and espousing short-term objectives at the cost of national and public interests have immensely damaged the country. Over the past few years, the government has faced over 35 investment dispute claims from foreign investors at various international arbitral forums. There is a disconcerting realisation that even if only half of these claims are decided against Pakistan, it would cost millions of dollars to the national exchequer in the form of compensation and legal fees.
路透新闻部
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FRANKFURT, Feb 4 (Reuters) - RWE has filed a lawsuit to seek compensation from the Dutch government for the planned shutdown of a coal-fired power plant in the Netherlands as part of the country’s phase-out of the fuel.
RWE, Germany’s largest power producer, said its 1.56 gigawatt Eemshaven plant, which cost more than 3 billion euros ($3.6 billion) to build and has been in operation since 2015, would be affected by the Dutch phase-out plans from 2030.
“Unlike the German coal exit law the Dutch law does not envisage adequate compensation for this interference with the companies’ ownership,” RWE said. “We view this as unlawful.”