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Weekend Roundup 07/11/16

Weekend Roundup 07/11/16

Here are the headlines from over the weekend:

Paris climate change deal becomes international law

The Paris agreement has officially become international law. The landmark deal which aims to tackle global warming entered into force on Friday 4th November. So far 96 countries have signed the deal. UN Secretary General Ban Ki Moon commentated by saying ‘Today we make history in humankind’s efforts to combat climate change”. The nations which have ratified the agreement include India, China , US and the EU are obliged to maintain global warming to no more than 2C above pre-industrial levels. Although this agreement demonstrates the willingness of the international community to combat climate change, the process will not be easy. The former undersecretary of energy in the Obama Administration, David Sandalow has said, “Climate Change is a marathon, not a sprint, and the agreement sets a course for the marathon in the years ahead”. But for now it is at least optimistic that the issues of climate change have received such mass attention on an international platform. Read more on this in The Guardian, BBC News or The Huffington Post.

Lord Chancellor backs independence of the judiciary

On Thursday 3rd of November High Court judges ruled that it was Parliament who had power to trigger Article 50. The U.K. government now seeks to overturn this judgement through appealing to the Supreme Court. The ruling faced populist backlash. The former Work and Pensions Secretary, Ian Duncan Smith commented stated the judges had created “a constitutional crisis – literally pitting Parliament against the will of people. Nevertheless, Liz Truss who is both Lord Chancellor and the Justice Secretary emphasised the constitutional principles regards to the independence of the judiciary. She asserted ““The independence of the judiciary is the foundation upon which our rule of law is built and our judiciary is rightly respected the world over for its independence and impartiality.” This statement came after the Bar Council called Ms Truss to defend the English judicial system. Ms Truss reaffirmed that the case would be taken to the Supreme Court , she emphasised that “legal processes must be followed”.  Read more in The Telegraph, on BBC News or Sky News.

U.K. & India Trade Deal

The prospective U.K and Indian trade deal will be the first meeting conducted by the U.K. with another nation outside of Europe. This clearly is an important visit which marks the international outlook that the leave campaign emphasised prior the EU Referendum vote. India is now the world’s fastest growing large economy. The U.K and India have long standing ties with a special appreciation of each other’s values. Although there is an underlying optimism surrounding this impasse, scepticism still remains.  India and the EU have tried to agree to a deal, which lasted over 9 years, could this prolonged negotiation occur for the U.K. as well? Furthermore, India has warned that the U.K. immigration policy restricting Indian students to stay in the U.K. after graduation could hamper the trade deal. Theresa May has strongly asserted that she wants to maintain the relationship between the two nations. It is clear there will be many questions for May to answer, but this visit if successful will mark the first step of Britain looking outside of Europe. Read more on this in The Guardian, BBC News or The Independent.

Google resists EU charges

Google has rejected the EU’s antitrust charges. The EU regulators have accused Google of obtaining a dominant position in the market place; and using their popularity to shut out it’s competitors from the markets. Kent Walker, Google’s general counsel stated “The Commission’s revised case still rests on a theory that doesn’t fit the reality of how most people shop online”. This is not the first time Google has been accused by the EU regulators; last year Google rebuffed the EU’s first set of shopping charges. Furthermore, in July the commission also stated that Google’s comparison shopping functions in a separate market from other companies distributing their services on an E-commerce platform. It is unclear what the final solution will be, but Google is preparing for a potentially onerous and long legal fight.

Sourced from LexisNexis.  For more information on Google, click here.  For further commercial awareness articles, have a look at the Lexis Nexis website here!

Further Reading:

  1. Higher inflation and rising debt threaten millions in UK (The Guardian)
  2. Why South Korea May Be The New Hot Growth Market In Asia Despite Recent Turmoil (Forbes)
  3. Instagram Pushes Deeper Into E-Commerce (The Student Lawyer)
  4. MP’s seek to scrap the triple-lock on state pensions (Sky News)
  5. Russian air strike on school may be possible war crime (Human Rights Watch)
  6. £76bn wiped of FTSE 100 in worst week since January due to U.S. Elections (Sky News)
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