International Law

Recent Posts

EU creates $1 trillion package to save euro
Posted on 10 May 2010 by International & Foreign Law Community Staff

BRUSSELS - (APINTL) The European Union put up a staggering $1 trillion Monday to contain its spreading government debt crisis and keep it from tearing the euro currency apart and derailing the global economic recovery. Analysts said the huge sum supplied... Read More

Airline losses from ash spiral over $1 billion
Posted on 19 Apr 2010 by International & Foreign Law Community Staff

PARIS - (APINTL) As airline losses from the volcanic ash cloud spiraled over $1 billion on Monday, the industry demanded EU compensation and criticized European governments for not using scientific measures to evaluate the ash and open up their airspace... Read More

EU probes Siemens, Areva nuclear deal
Posted on 2 Jun 2010 by International & Foreign Law Community Staff

BRUSSELS - (AP) European Union regulators said Wednesday that they are investigating nuclear power non-compete deals between France's Areva SA and Germany's Siemens AG after Areva took over their joint venture. This adds another twist to a... Read More

EU stops tuna fishing as quota runs out
Posted on 10 Jun 2010 by International & Foreign Law Community Staff

BRUSSELS - (AP) Large European fishing boats will no longer be allowed to fish for bluefin tuna after Wednesday because they have already used up the entire 2010 quota, halfway through the year, the EU's executive said. Bluefin tuna caught... Read More

EU steel makers demand probe into high iron prices
Posted on 31 Mar 2010 by International & Foreign Law Community Staff

BRUSSELS - (AP) European steel makers on Wednesday demanded an EU antitrust probe to check for monopoly abuse and cartel-type behavior by the three major iron ore suppliers Vale, BHP Billiton Ltd and Rio Tinto after price increases of more than 80 percent... Read More

Geely wins EU antitrust approval to buy Volvo Cars
Posted on 6 Jul 2010 by International & Foreign Law Community Staff

BRUSSELS - (AP) European Union regulators on Tuesday approved Chinese carmaker Geely to buy Sweden's iconic Volvo Cars. The European Commission said it sees no antitrust problems with Zhejiang Geely Holding Co.'s $1.8 billion acquisition of... Read More

US treasury chief warns EU on hedge fund rules
Posted on 7 Apr 2010 by International & Foreign Law Community Staff

BRUSSELS - (AP) U.S. Treasury Chief Tim Geithner has warned Britain, France, Germany and Spain about possible new European Union rules that he fears could prevent American hedge funds from selling to European customers. In a letter to the four finance... Read More

EU moves to help aviation heal $3.3 billion losses
Posted on 27 Apr 2010 by International & Foreign Law Community Staff

BRUSSELS - (APINTL) Europe should help its aviation industry recover from up to euro2.5 billion ($3.3 billion) in losses from the volcanic ash crisis by reforming its air traffic control system, offering loans and suspending some rules like bans on nighttime... Read More

EU calls for new rating agencies
Posted on 3 Jun 2010 by International & Foreign Law Community Staff

BRUSSELS - (AP) The European Union's executive on Wednesday called for European credit rating agencies to rival the three U.S.-based market leaders and proposed a new regulatory authority to oversee them with the power to impose fines. EU Commission... Read More

EU court exempts Inuit hunters from seal ban
Posted on 23 Aug 2010 by International & Foreign Law Community Staff

BRUSSELS, Belgium - (AP) The European Union's high court temporarily exempted Inuit hunters in Canada and Greenland on Friday from the bloc's new trade ban on seal products, while asking European Parliament and EU governments to justify the ban... Read More

EU nations vow to reduce debt, tighten controls
Posted on 9 Jun 2010 by International & Foreign Law Community Staff

LUXEMBOURG - (AP) European Union nations vowed Tuesday to start cutting debt by next year at the latest and to tighten oversight of each others' finances to regain credibility with markets and rein in the debt crisis. All but a handful of countries... Read More

EU clears BA-Iberia merger, alliance with American
Posted on 14 Jul 2010 by International & Foreign Law Community Staff

BRUSSELS - (AP) British Airways and Iberia on Wednesday won the European Union's regulatory approval to merge and to team up with American Airlines to share more of their lucrative trans-Atlantic routes. The companies say the two deals will help... Read More

EU calls for overhaul of Anglo Irish Bank
Posted on 1 Apr 2010 by International & Foreign Law Community Staff

BRUSSELS - (AP) European Union regulators launched a probe Wednesday into Irish government help for property lender Anglo Irish Bank, warning that the bank has to draw up a new business plan and "restructure profoundly." The European Commission... Read More

EU suggests ban on new deepwater drilling
Posted on 14 Jul 2010 by International & Foreign Law Community Staff

BRUSSELS - (AP) The European Union's top energy official on Wednesday suggested banning any new deep-water oil and gas exploration projects in the North Sea, Black Sea and the Mediterranean while regulators examine safety risks. The U.S. banned... Read More

EU pushes past US, UK concerns on hedge fund rules
Posted on 18 May 2010 by International & Foreign Law Community Staff

BRUSSELS - (AP) European Union governments overrode British objections and U.S. worries by agreeing Tuesday to tighten rules for freewheeling hedge funds, a move some fear will block American funds from the region and cause the lucrative industry to flee... Read More