The International Centre for the Settlement of Investment Disputes (ICSID) is currently in the final stages of arbitrating a dispute between the government of El Salvador and Pacific Rim LLC, a gold mining company recently acquired by Australian mining firm OceanaGold. The ICSID proceedings began in 2009, when Pacific Rim claimed El Salvador unlawfully denied […]
Modest goals are key to solving Central Asian water disputes
In a recent report, International Crisis Group urges Kyrgyzstan, Tajikistan, and Uzbekistan to focus on reaching modest, bilateral agreements on water sharing, rather than seeking an all-or-nothing regional accord. According to ICG, the water situation in these countries is too dire to wait for a comprehensive agreement that might ultimately prove impossible to reach. The […]
KRG set to increase oil output despite ongoing conflict
The front lines in the war in Iraq against Islamic State militants have shifted frequently and swiftly in recent weeks. Forces loyal to the Kurdistan Regional Government made advances early on, after Iraqi military units fled. But the Peshmerga were hard pressed to hold these areas as ISIS turned their attention to the Kurdistan Region. […]
ISIS advance spells opportunity for Kurdistan and foreign oil giants
Iraqi officials reported on Thursday that the Kurdistan Regional Government had begun pumping oil from two oil fields near the city of Kirkuk. The city itself, which has long been a site of contention between the Baghdad government and the KRG, fell under Kurdish control after Iraqi Army units withdrew last month. Since then, the […]
Iraq beefs up air force as Korea eyes global jet market
South Korea’s Korean Aerospace Industries (KAI) made news recently with its biggest deal ever, a $1.1 billion sale of FA-50 light attack jets to the Iraqi air force. Under the deal, Korea Aerospace Industries (KAI) will deliver 24 FA-50 jets to the Iraqi Air Force between 2015 and 2016. The FA-50 is a light attack […]
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