Due to the provision and threat of international arbitration, BITs consistently undermine the ability of developing states to craft policy and regulate foreign investors.
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The anti-hyperinflationary recipe is as clear as the economic science behind it. But in Bolivarian Venezuela it is the ideologues that rule, not the technocrats.
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The opportunities cannabis creates for UK politics is huge. It opens the flood gates to new sources of tax revenue and a new source of votes from dwindling younger voters.
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