From Rebecca Sargent

World

• The International Monetary Fund (IMF)was hit by a large and sophisticated cyber-attack last week, but did not make a public announcement regarding the attack. The IMF database contains potentially market-moving information and includes communications with national leaders as they negotiate, often behind the scenes, on terms of international bailouts. In response, the World Bank (WB) cut the computer link that allows the two institutions to share information. On Saturday, the Bank of Israel Governor, Stanley Fischer, announced that he will be running against Christine Lagarde for the top job at the IMF.
• A New York Times report discussed a global effort to deploy “shadow” Internet and mobile phone systems, led by the US, which dissidents can use to undermine repressive governments seeking to silence them by censoring or shutting down telecommunications networks.
• Russia became the last permanent member of the UN Security Council to back Secretary General Ban Ki-moon’s re-election bid. The UN General Assembly is expected to hold a formal vote before the end of the month on the position.

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 Join host Jeff Thompson and Beth Katz, founder and executive director of Project Interfaith- an organization dedicated to raising respect, awareness and understanding between people of all faiths.

Beth shares with us a unique program Project Interfaith recently offered for the first time- Speed Dialogue.  Based on the concept of speed dating, Beth describes how it was designed, the intentions and the results of the program which is geared towards young adults.

[More On The Series Here] [Visit The Blog] [Episode #24 Here]

Nicole Bohe- So I was catching up on disputes involving museums and I came across a slightly humorous story. In short, the American Museum of Natural History in NY sued American Airlines. Why? Because the airline allegedly destroyed barrels of "rare specimens" of fish that were shipped as luggage instead of cargo. The museum brought suit to recover the costs of collecting and transporting these rare fish from Africa.

This made me question as to whether there is a place for ADR in all situations. In this story, I can't say that ADR methods would lead to the most effective resolution. Have you dealt with airlines recently? In my opinion, they are not always the shining star in customer service or conflict resolution. I would imagine "threatening" them with mediation would not have the same effect as a threat of litigation...

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Encouraging ADR

The European Commission wants member states to introduce online alternative dispute resolution (ADR) schemes consumers can use when in dispute with traders.

The Commission is concerned about an absence of ADR schemes in some market sectors. It also said the lack of information available to both traders and consumers about ADR schemes needed to be addressed.

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Visit the ADR Book Club:  Week 3 (It's Never To Late To Jump in!)

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