From artificial intelligence (AI) and machine learning to autonomous vehicles, virtual reality, and cryptocurrency, the rapid evolution of technology shows no sign of slowing down. Companies in the digital technology sector are among the world’s most highly valued companies, with good reason. And businesses in every sector now use digital technology in all kinds of ways, from basic email to sophisticated data analytics.
Fresh water is becoming a scarce resource in the United States and across the globe as demand continues to rise due to population and business growth. This emergent scarcity means businesses will face more consequences of the complex regulatory and legal frameworks governing water use and water quality.
Michael Best’s Water team understands those issues. We guide clients through the heavily regulated, politically sensitive environment surrounding the management of, investment in, and development of water resources.
All businesses have to comply with government regulations—some more so than others. Our Regulatory practice is designed to serve clients in heavily regulated industries, such as manufacturing and utility services, as well as across various industries in regulated areas that impact business as a whole, such as environmental regulation.
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Diplomacy Lithuania blocked Russia from using its railways to transport materials to the exclave of Kaliningrad. Russia has threatened retaliation. Ukraine’s Deputy Agriculture Minister reported that the country’s grain and oilseed harvest shows a 43% decrease. They have only exported 4 million tons in the last four months, compared to monthly exports of 5-6 million tons. Western governments are continuing to work together to find ways to export the grain. UK Prime Minister Boris Johnson expressed concerns that “Ukraine fatigue is starting to set in around the world. Unnamed U.S. officials told NBC News that they are increasingly concerned the trajectory of the war is “untenable and are quietly discussing whether President Volodymyr Zelenskyy should temper his hard-line public position that no territory will ever be ceded to Russia as part of an agreement to end the war.” Actor Ben Stiller visited Kyiv, meeting with Ukrainian President Volodymyr Zelenskyy. Sanctions Deputy Treasury Secretary Wally Adeyemo is visiting Turkey and the UAE this week to support a crackdown on Russian assets abroad. Consequences Rosneft said it would proceed with its flagship Vostok Oil project in the Arctic despite the exit of a key partner, Trafigura Group. Russian oil flows to Europe have quietly risen, partly because the trading unit of Russia’s largest oil producer took barrels to its refineries and partly because Turkey purchased more. Indian banks may partner with unsanctioned Russian banks to facilitate transactions. Chinese alumina exports have spiked to offset Russian production. Ukraine Sitrep Fighting in eastern Ukraine is still very hard to track. The U.S. is weighing sending additional longer-range rocket systems to Ukraine but has paused a sale of large armed drones to Ukraine over fears they could fall into enemy hands. A New York Times investigation found 1,000 photos of Russian weapons banned by international treaties.
As a Principal on Michael Best Strategies’ Government Relations team, Mike leverages more than a decade of experience on Capitol Hill to help businesses influence positive outcomes through the legislative process.
*Names that appear with an asterisk indicate a Michael Best professional not admitted to practice law.
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