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Legal Updates - Page- 10

13 Aug 2022

The EU and Ukraine accede to the Hague Judgements Convention

The EU and Ukraine accede to the Hague Judgements Convention The European Union (EU) and Ukraine acceded the Hague Judgements Convention. The Convention makes conditions for perceiving and authorizing decisions in both civil and commercial matters. It was made in 2019 to guarantee that there was a legal avenue for evaluating…

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09 Aug 2022

Abu Dhabi launches services to accelerate the resolution of consumer disputes

Abu Dhabi launches services to accelerate the resolution of consumer disputes A consumer dispute resolution service has been carried out in Abu Dhabi to facilitate the settlement of disputes among consumers and commercial establishments in the Emirate, generally and at the most ideal expense for the concerned parties. Abu Dhabi…

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05 Aug 2022

Biden signs bill giving $52B in subsidies to US semiconductor industry

Biden signs bill giving $52B in subsidies to US semiconductor industry US President Joe Biden marked the CHIPS Act of 2022, which gives $52 billion to support the US domestic semiconductor industry. The act approves the consumption to advance $200 billion to promote domestic semiconductor production. However, just $52 billion is promptly…

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02 Aug 2022

Biden marked the Inflation Reduction Act (IRA) into law

Biden marked the Inflation Reduction Act (IRA) into law US President Joe Biden marked the Inflation Reduction Act (IRA) into law. Biden commended the act’s sweeping healthcare, tax, and climate reforms. According to Senate Democrats, the IRA achieves eight main goals. They are growing Medicare benefits by guaranteeing free vaccines and price caps on insulin and personal…

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28 Jul 2022

Indian parliament passes bill to introduce domestic carbon credit market

Indian parliament passes bill to introduce domestic carbon credit market The lower house of the Indian parliament passed a bill laying out a focal scheme for the purchase and sale of carbon credits. The bill also promotes clean energy by committing specific large consumers of electricity to use renewable energy and…

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24 Jul 2022

Access to a clean, healthy environment is a human right : UN General Assembly

Access to a clean, healthy environment is a human right : UN General Assembly The UN General Assembly adopted a resolution pronouncing that access to a clean, healthy environment is a universal human right. The move was commended by UN Secretary-General António Guterres as a historic decision that evidenced the responsibility of…

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