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Raytheon to Pay $950 Million in Major FCA and FCPA Case Aided by Whistleblower

Whistleblower Network News

Among the charges are allegations that Raytheon engaged in a bribery scheme to obtain contracts with the Qatari military and misrepresented its costs during contract negotiations with the U.S. Department of Defense (DOD). 428 million of the total $950 million DOJ settlement stems from the FCA violations. “The

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Can British Businesses Fulfill Domestic Demands? Tender Contracts Can Help

Tracker Intelligence

Fact checked by Eddie Regan, BiP Solutions Principal Procurement Consultant Brexit has dramatically changed the UK’s import and export-dynamic. Pre-Brexit trade predictions estimated a 15% decline in UK imports and exports. Typically, the UK imports more than it exports. However, several factors skewed this outcome.

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EU: European Council and European Parliament Reach Provisional Agreement on the EU Forced Labour Ban

Import and Trade Remedies

On Tuesday 5 March 2024, the European Council and European Parliament reached a provisional agreement on the EU Forced Labour Regulation (“ Regulation “), which will prohibit the placing and making available on the EU market, or the export from the EU market, of products made, extracted or harvested using forced labour.

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Government Contracts Issues for a Recession

Procurement Notes

Court of Appeals for the Third Circuit, “[a] principal client’s sudden and unexpected termination of a major contract with the employer, a strike at a major supplier of the employer, and an unanticipated and dramatic major economic downturn might each be considered a business circumstance that is not reasonably foreseeable.” [72] GDP at $27.9

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United States: Any Port in a Storm: USTR to Investigate Chinese Shipbuilding Subsidies

Import and Trade Remedies

Additionally, USTR invoked its authority to investigate restrictions to US commerce that include the provision of subsidies for the construction of vessels used in the commercial transportation by water of goods between foreign countries and the United States.

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Not to Be Outpaced: NDAA Presents Measures Addressing China

Inside Government Contracts

opposition to granting China “developing nation” status in treaties under negotiation and by international organizations of which the U.S. It is unclear whether Congress will seek to codify the EO, negotiate new language addressing perceived gaps in the EO, or take some other tack.

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Argentina’s New Foreign Investment Regime: Key Considerations

Kluwer Arbitration

For oil and gas, the minimum investment for transportation and storage is US$300,000,000; and US$600,000,000 for offshore projects and gas for export. Moreover, if the project qualifies as Long-Term Strategic Export project, the minimum investment is US$2 billion. 200 of the Law).

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