By Matthew Robinson NEW YORK (Reuters) - Oil rose on Monday as Tropical Storm Dolly barreled into the Gulf of Mexico, stoking concerns of disruptions to U.S. offshore oil and gas production. U.S. crude settled up $2.16 at $131.04 a barrel after concerns...
This paper examines the role of sanctions in promoting debt repayment during the classical gold standard period. It analyzes a wide range of sanctions including gunboat diplomacy, external fiscal control over a country's finances, asset seizures by private creditors, and trade sanctions. It finds that "supersanctions", instances where military pressure...
The Water Quality Insurance Syndicate has offices in lower Manhattan in New York City, and the events of September 11th remain vivid. However, in its aftermath it was difficult to envision the broad reaching ripple effects resulting from the event. Among the effects is the clash of two major issues:...
American businesses have been subjected to added burden on products being shipped to the EU since March, when the sanctions were implemented at 5%. U.S. manufacturing already faces numerous tax disadvantages compared to other developed nations and the issue is particularly poignant to apparel and textile companies should the sanctions...
The bill repeals the foreign sales corporation/extra-territorial income program - ruled an illegal export subsidy by the World Trade Organization WTO. Under the WTO ruling, the European Union EU implemented sanctions in March (currently at 8 percent) against a range of U.S. products, including U.S. - made apparel, textile and...
U.S. apparel, footwear and travel goods companies have been absorbing the additional costs associated with sanctions even before they were imposed on March 1, 2004 as some goods that were pre-shipped to avoid higher duties have instead incurred costly warehouse charges. The other unfortunate result to these sanctions has been...
This paper describes the broad parameters of the cooperative approach envisaged by the Public Company Accounting Oversight Board for the oversight of non-U.S. firms with respect to inspections, investigations and sanctions, registration, potential conflicts of laws and multinational audits. The paper also describes the Board's intended mechanisms to effect the...
The U.S. maintains export sanctions against various countries and against various end users. These sanctions take the form of export prohibitions and export restrictions. While some of these sanctions apply across the board to all U.S. exports, others have more limited scope and apply only to certain U.S. exports. This...
With the end of the Cold War, the focus of US foreign policy changed—and so did that of economic sanctions. Partly because of increased cooperation within the UN framework, economic sanctions were imposed so routinely in the early 1990s that scholars called that period the sanctions decade. Andrew Rose made...
In 1996, long before corporate governance was the buzzword in the for profit world, Section 4958 was added to the Internal Revenue Code by The Taxpayer Bill of Rights II. Section 4958 contains several "intermediate sanctions" that pose concerns for tax-exempt organizations. These intermediate sanctions provided the Internal Revenue Services...
Article defines the requirements of the Sarbanes-Oxley Act of 2002 for CEOs and CFOs of public-reporting companies to make personal certifications regarding the accuracy and completeness of certain reports, the fair presentation of financial statements, the responsibility for internal accounting controls, and disclosures regarding significant deficiencies made to audit committees...
Although often described as one of the most important features of the World Trade Organization WTO dispute settlement system, the possibility of authorizing a trade sanction against a scofflaw member government is a mixed blessing. On the one hand, it reifies the WTO rules and promotes respect for them. On...
Symantec Corp. (NASDAQ: SYMC) today announcedthat Symantec Endpoint Protection 11.0 and Symantec Network Access Control 11.0 have beenawarded Common Criteria Evaluation Assurance Level 2 augmented withALC_FLR.2 and AVA_MSU.1 (EAL2+) certification. This certification assurescustomers that Symantec Endpoint Protection and Symantec Network AccessControl have gone through a rigorous...
Iranian President Mahmoud Ahmadinejad generally shrugs off American sanctions against Iran. "Americans are not able to harm us," he said last October. Ahmadinejad may come to eat his words. On Tuesday, a bipartisan agreement was struck in the U.S. Senate to expand economic pressures in Iran. Under...
Want to race for a good cause but think it's too hot? Here's your solution. Join the streakers for City Arts Center's benefit. These runners will start at 11 p.m., when it's a bit cooler. The fourth annual CAC "Midnight Streak" is scheduled July 26 and the 5k run, a...
MANCHESTER, England AFP — Mark Hughes insisted on Wednesday Manchester City's failed attempt to sign Ronaldinho won't stop him targeting the world's best players. City's ambitious bid to lure former World Player of the Year Ronaldinho to Eastlands ended in disappointment when AC Milan announced the Barcelona star...
WASHINGTON AFP — The United States said Wednesday it was sending a top envoy to weekend nuclear crisis talks with Iran on a "one-time" mission to underline Washington's conditions for ending the atomic stalemate. Under Secretary of State William Burns will go "to listen" to Tehran's reply to...
WASHINGTON AFP — US President George W. Bush and visiting Burkina Faso President Blaise Compaore on Wednesday discussed efforts to bring a peaceful end to Zimbabwe's deadly turmoil and confront violence in Sudan. Bush told Compaore he was "disappointed" by Russian and Chinese vetoes last week of new...
WASHINGTON -- Oval Office 11:18 A.M. EDT PRESIDENT BUSH: Mr. President, thank you for coming. I first started my conversation with the President by complimenting him on his leadership in the United Nations and in the region. You've been a constructive force for peace and stability....
WASHINGTON AFP — President George W. Bush Tuesday tried to quell crisis fears stalking the US economy, saying it would emerge stronger than ever from current troubles, though admitting Americans faced tough times. With global shares tumbling and anxiety in the banking and mortgage sectors, Bush held a...
