Officially supported export credits are instruments that governments can use to boost or support their exports, either through insurances, loans or guarantees. Most governments provide this support through Export Credit Agencies (ECAs), the first of which were founded in the 1920s (Stephens, 1999).
In her recent book “The Deficit Myth” star economist Stephanie Kelton tells us why economists should not worry too much about sovereign debt and deficits. But is that the same for lawyers? And are all countries truly treated equally?
As you may or may not know, Cyprus is a divided island. While the south of the island is governed by the internationally recognized Republic of Cyprus, the north is governed by the "Turkish Republic of Northern Cyprus", an internationally unrecognized state.
In response to the (alleged) use of chemical weapons by the Syrian regime in the city of Douma, the United Kingdom, United States, and France carried out a number of missile strikes against several government facilities. These strikes clearly violate basic rules of international law.
