What can UNCITRAL Working Group III learn from the ECtHR? – EJIL: Talk! – Go Health Pro

What can UNCITRAL Working Group III learn from the ECtHR? – EJIL: Talk! – Go Health Pro

The ISDS reform process at UNCITRAL Working Group III provides a unique opportunity to consider new institutional dispute settlement designs. As EJIL:Talk! Readers will know from earlier blogs on this reform process, a standing mechanism to resolve investment disputes is one of the key proposals in the strengthening of the institutional design, with a Draft Statute for the mechanism up for discussion in this month’s session.

Previous debates on the standing mechanism touted enforcement as a “key feature of any system of justice” and essential to ensure the effectiveness of the standing mechanism (see [62] of the Report on the 38th session). Early work on enforcement options for the standing mechanism suggested limited concerns with compliance, commenting anecdotally that “most decisions by ISDS tribunals were voluntarily complied with” (see [74] of the Report on the 38th session). Consequently, the current Draft Statute for the standing mechanism continues the arbitral tradition of enforcement proceedings in domestic courts as a means to ensure compliance (see Articles 25 and 36). Domestic court enforcement proceedings were considered appropriate “to maximise the chances of having [the standing mechanism’s] decisions enforced” (see [102] of the Report of the Singapore Intersessional).

Read more

Is International Diversification Finally Working? – Go Health Pro

Is International Diversification Finally Working? – Go Health Pro

International diversification has been an anchor around the necks of balanced investors for some time now: Outperformance between America and the rest of the world has historically been cyclical. The latest cycle has lasted much longer than any of the previous iterations. Just look at how dominant the United States has been in terms of … Read more

Why are CBDCs not working? – Go Health Pro

Why are CBDCs not working? – Go Health Pro

After many years we have had many discussions of many countries and many banks talking about launching many central bank digital currencies (CBDCs). Today, only three countries have a live CBDC: the Bahamas, Jamaica and Nigeria. Doesn’t that feel a bit strange? Well, most governments are experimenting with CBDCs and SWIFT, to retain their control … Read more

PodChats For IoT: Working With IoT Data Analytics – Go Health Pro

PodChats For IoT: Working With IoT Data Analytics – Go Health Pro

By 2025, it is expected that IoT devices will generate roughly 73.1 Zettabytes of data. Around that time, 30% of all data will be real-time, with IoT accounting for nearly 95% of it, 20% of all data will be critical and 10% of all data will be hypercritical. The real-time nature of IoT data presents … Read more