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Karimi & Associates Law Firm presents according to Financial Times:   Antony Blinken, secretary of state, said that the US was lifting sanctions on three former Iranian government officials and two companies previously involved in the Iranian petrochemical sector as a result of “a verified change in status or behavior on the part of the sanctioned parties”.  “These actions demonstrate our commitment to lifting sanctions in the event of a change in […]

Karimi & Associates Law Firm presents according to Jurist:   The proposal, submitted to the World Trade Organization (WTO) by the European Parliament, demands that COVID-19 vaccine patents temporarily be exempt from provisions in the Trade-Related Aspects of Intellectual Property Rights (TRIPS) requirement protecting patent rights, removing IP protection for the vaccines. The EU Commission disagrees that a patent waiver is the best approach to tackle the vaccine shortage issue. The Commission submitted an alternative consist of

THE US DEPARTMENT OF TREASURY HAS ISSUED AN INSTRUCTION ANNOUNCING THAT IT HAS EXEMPTED THE EXCHANGES NECESSARY FOR IRAN’S FIGHT AGAINST THE CORONAVIRUS FROM SANCTIONS LAWS.   Karimi & Associates Law Firm presents according to the U.S. Department of Treasury: According to a document published on the website of The US Department of Treasury, certain activities related to “Covid-19”, which were under sanctions according to the “Iranian Transactions and Sanctions Regulations “, will

Karimi & Associates Law Firm presents according to Reuters: The U.S. Treasury has removed sanctions on three Iranians however, stated this did not reflect a change in its sanctions policy toward Iran and is not relevant to talks on restoring the U.S. and Iranian compliance with the 2015 Iran nuclear deal. The Treasury declared it had determined Behzad Ferdows, Mehrzad Ferdows, and Mohammad Reza Dezfulian are no longer blocked under Executive Order 13382, which targets proliferators of weapons

Karimi & Associates Law Firm presents according to Reuters:   The antivirus software entrepreneur, John McAfee, has been jailed in Spain and awaiting extradition to face tax fraud charges in the United States, told a court hearing in Madrid he was a victim of politically motivated accusations.   McAfee linked the charges filed by the Internal Revenue Service to his failed bid to run as a Libertarian Party candidate in the 2020

130 NATIONS HAVE CONSENTED TO A PLAN TO REFORM TAXATION RULES REGARDING MULTINATIONAL CORPORATIONS. Karimi & Associates Law Firm presents according to Jurist: The Organization for Economic Cooperation and Development (OECD) declared 130 nations have endorsed a plan to reform taxation regulations concerning multinational corporations. The plan includes two pillars. The first pillar would re-allocate certain taxing rights over multinational enterprises from their home countries to regions where they operate and earn profits irrespective of

Karimi & Associates Law Firm represents According to Reuters: Three application developers urged a U.S. appeals court to revive their antitrust lawsuit against Facebook over its purchase of WhatsApp and Instagram, arguing the alleged harm they suffered from the deals entitles them to sue. Facebook said in its court filing on Wednesday that the application developers’ “sole theory of harm from the years-ago acquisitions stacks speculation upon speculation.” The company in earlier

Karimi & Associates Law Firm presents according to Jurist: The European Commission alleged that German automakers BMW, Daimler, and the Volkswagen Group (Volkswagen, Audi, and Porche) violated EU antitrust laws by colluding to restrict the deployment of cleaner emissions technology in diesel passenger cars. The Commission imposed a fine of €875 million on BMW and the Volkswagen Group. The automakers held frequent technical meetings to review the development of technology to remove

Karimi & Associates Law Firm presents according to Euronews: Foreign ministers of the European Union have approved plans to develop a competitor global investment strategy to China’s Belt and Road Initiative, to counter Beijing’s flourishing influence in countries across the world. Beijing, which launched the initiative in 2013, has already started investing in nearly 70 different countries and international organizations, including in EU member state Greece at the port of Piraeus and