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| Knowing how to respond to inappropriate client demands can be challenging for company employees, especially if the demand is accompanied by a threat. But help is now at hand in the form of a practical new tool, launched today, to help business better address the risk of solicitation and extortion. |
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IMB reports unprecedented rise in maritime hijackings
The ICC International Maritime Bureau (IMB) Piracy Reporting Centre (PRC) has today released its annual piracy report which shows an unprecedented rise in maritime hijacking in 2008. The 2008 figures surpass all figures recorded by the PRC since it began its worldwide reporting function in 1991. |
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ICC convenes special session on climate change
The 14th United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP14) in December 2008 signalled a shift into full negotiation mode towards a post-2012 framework agreement on climate change, scheduled to be concluded in Copenhagen in December 2009. |
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ICC to hold international contracts training
The success of international business depends on the quality of contracts signed. Too often, if the relationship between parties deteriorates, loopholes in the contract make the situation worse. Negotiating and drafting a contract are important skills and techniques that need to be learned. |
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Trade volume and value decline sharply as a result of crisis
Trade has significantly decreased in both volume and value as a result of the worldwide recession and may be reduced further due to tight credit conditions, ICC said in a report presented at a meeting of banking experts organized by The World Trade Organization. |
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ICC appoints Vice-Chair of Commission on Trade and Investment Policy
Geoffrey Gamble has been appointed Vice-Chair of the ICC Commission on Trade and Investment Policy. As an officer of the commission, Mr Gamble joins Rajya V. Kanoria, Chairman and Managing Director of Kanoria Chemicals & Industries and President of ICC India, who was appointed Chair in October 2008. |
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Lowest global economic index in history
The world economic climate index fell for the sixth consecutive quarter, dropping 10 percentage points to reach its historically lowest level since the introduction of the World Economic Survey in 1981, according to the ICC and the Ifo Institute for Economic Research, who conduct the survey. |
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ICC debuts conference on resolving disputes in space and aeronautics industries
As international and domestic air travel and the use of outer space rapidly grow and diversify, the commercial issues are becoming increasingly complex, creating opportunities for costly and lengthy disputes. To address a field undergoing tremendous change amid a proliferation of space activities, ICC will hold a seminar on resolving disputes in the space and aeronautics sectors. |
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ICC issues positions on global economic crisis
The global economic crisis does not stem from a failure of the market economy system nor does it call into question the system’s successful record in creating wealth and significantly raising global living standards, ICC said in a position paper on the current emergency. |
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ICC to provide voice of business at World Water Forum
A global water crisis exacerbated by economic conditions and climate change makes it critical to raise the political profile of water. The upcoming 5th World Water Forum will provide an excellent opportunity to review the scale of water resources seriously threatened by population growth, land use changes and pollution, ICC underscored in a discussion paper. |
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ICC to hold workshop on issuing documentary credits in current downturn
ICC will hold a one-and-a-half day workshop in Paris on 18-19 June to show how a better structure of the letter of credit itself and the correct application of the UCP 600 rules can help all parties better manage the documentary credit process and alleviate many of the problems being experienced at this critical time. |
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ICC makes recommendations at the Internet Governance Forum consultations
ICC/BASIS expressed its strong support in Geneva this week for the Internet Governance Forum (IGF) in its current format, believing it allows an open dialogue among all stakeholders concerned with Internet governance issues. The two-day open consultations reviewed the discussions in Hyderabad, India, last December and began preparations for the upcoming IGF session in Egypt. |
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ICC submits views on climate change to United Nations
ICC has stressed commitment to achievable objectives, the role of markets, support for research and development and other views of world business in its submission to the United Nations Framework Convention Climate Change (UNFCCC) on the elements needed to achieve a global, post-2012 UNFCCC framework agreement on climate change. |
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World Chambers Competition finalists announced
The international judging panel for the fourth World Chambers Competition today announced the 19 finalists in the four categories, Best Unconventional Project, Best Small Business Project, Best International Project and Best Networking Project. |
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ICC Anti-Corruption Chair meets with OECD Secretary General Angel Gurria
The economic crisis threatens an erosion of ethical standards but also provides a unique opportunity for business and government to reinforce their commitment to fighting corruption, ICC Commission on Anti-Corruption Chairman François Vincke told Organization for Economic Cooperation and Development (OECD) Secretary General Angel Gurría. |
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ICC welcomes G20 boost to trade finance and pledge to conclude Doha Round
ICC today congratulated the G20 leaders for taking a multilateral approach to resolving the world economic crisis. In particular, ICC applauded their agreement to kick-start trade by significantly increasing trade finance, rapidly concluding the Doha Round of trade negotiations, and strengthening promises to avoid protectionist measures. |
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