US-based agricultural giant Cargill has filed a $130 million claim against Poland at the International Centre for Settlement of Investment Disputes (ICSID), the World Bank arbitration tribunal. The multinational alleges a breach of a 1994 US-Poland investment treaty. Cargill says it has received treatment less favourable than its competitors in the Polish sugar industry, after changes were made to quotas as a requirement of EU accession.
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New Bretton Woods Project report reveals World Bank Group channelling crucial development resources to banks instead of directly investing in pro-poor projects.
In December 2013, the German Development Institute, Friedrich-Ebert-Stiftung and Bretton Woods Project, in collaboration with the G-24, hosted a high-level workshop in Berlin to foster an open exchange on the profound changes in the global economy and the implications for global economic governance and its constituent institutions and members.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).