Tag Archives: Economic

US strengthens economic sanctions on Venezuela

On January 28, 2019, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) added Petróleos de Venezuela, S.A., Venezuela’s state-owned oil company and a primary source of the country’s income and foreign currency, to its list of … Continue reading

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Study Suggests National Divorce Rates Are Tied to Economic Development

A recent scientific study concluded that the divorce rate has been steadily rising over the past four decades. The study, which was published by a pair of sociologists at the University of California at Irvine, analyzed divorce statistics from 1970 … Continue reading

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NERA Economic Consulting: Securities Suit Filings at Highest Level in Years

The pace of federal court securities class action filings during 2018 was “the highest since the aftermath of the 2000 dot-com crash,” according to a recent report from NERA Economic Consulting. Not only were the filings during the year at … Continue reading

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Proof an individual must submit to a court to recover damages for an alleged breach of contract and an alleged tortious interference with prospective economic advantage

Proof an individual must submit to a court to recover damages for an alleged breach of contract and an alleged tortious interference with prospective economic advantageMehrhof v Monroe-Woodbury Cent. Sch. Dist., 2019 NY Slip Op 00110, Appellate Division, Second DepartmentEdward … Continue reading

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IMF World Economic Outlook Update, January 2019

A Weakening Global Expansion Amid Growing Risks “The global expansion has weakened. Global growth for 2018 is estimated at 3.7 percent, as in the October 2018 World Economic Outlook (WEO) forecast, despite weaker performance in some economies, notably Europe and Asia. … Continue reading

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