Money and more – Page 11 – Blog by Norbert Häring

Vattenfall vs. Germany: A Disgraceful Settlement of a Scandalous Claim

16 March 2021 | On March 5, 2021, it was announced that the Germany had reached an agreement with the Swedish state company Vattenfall to settle a claim valued at up to €7 billion, over the phase-out of nuclear energy in the wake of Fukushima. The government pay Vattenfall €1.4 billion, much too much, argues Juan Carlos Boué in this guest comment.

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How Mastercard invented the health hazard of cash

12 March 2021 | During the corona crisis, Mastercard has been busy peddling the claim that cash poses a major health threat. But this is a campaign that’s been going on for at least eight years. Hakon von Holst took a closer look at its beginnings. At the center: media that trumpet any interest-driven trash that someone calls a study and gives it a snappy headline.

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Corona as opportunity for a restart: “Multilateralism for the masses” by Merkel, Macron, von der Leyen and Guterres

5 February 2021 | Merkel, Macron, von der Leyen and other international leaders have described the Corona crisis as an opportunity to reorder world politics on the basis of multilateralism. The timing, shortly after the World Economic Forum’s meeting, and the echoes of the Great Reset proclaimed by the forum, are probably no coincidence, as an analysis of key passages will show.

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Cash industry association ESTA comments on legal tender ruling of the European Court of Justice

4 February 2021 | The European association of cash handling companies ESTA has issued an opinion on the ruling of the European Court of Justice in my case concerning the right to pay my fees to the public broadcaster in cash. They agree with me that the main justification of the court for postulating that the obligation to accept the legal tender can be restricted by national and sub-national lawmakers is severely flawed. Continue reading “Cash industry association ESTA comments on legal tender ruling of the European Court of Justice” →

Juan Carlos Boué: The World Bank Sausage Factory

13 December 2020 | Investor State Dispute Settlement, those special tribunals which foreign investors can use to sue a host government for alleged infringement on their rights, have drawn criticism for being one sided. Investors can sue governments, but not vice versa. Arbitration counsel Juan Carlos Boue describes a case, which takes this to the extreme. An investor drags a government in front of a tribunal because the government is suing the investor at regular courts.

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The ECB has quietly adopted a “cash strategy” – my interpretation

8 December 2020 |The European Central Bank (ECB) has quietly published a “cash strategy“ of the Eurosystem that the Governing Council had adopted already in early September. The commitment to cash seems half-hearted at best and suggests an internal struggle.

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Juan Carlos Boué: How a World Bank tribunal is plundering Pakistan

20 November 2020 | The special tribunals which allow potential or actual foreign investors to sue governments for infringements on their rights outside the regular courts are often the most criticized component of free trade agreements. Juan Carlos Boué gives an example in this guest comment, which makes it clear why this is so.

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