Search Results for: Swiss

European Union (EU) law enforcement, perhaps emboldened by the launch of the European Public Prosecutor’s Office (EPPO), has launched a series of cases and inquiries, including against high-ranking politicians accused of corruption. For example, Gabrijela Žalac, Croatia’s regional development and EU funds minister from 2016-9, and three accomplices, have been arrested, on EPPO orders, for alleged fraud regarding the purchase by her ministry of deliberately overpriced software for a public company.…

British and Swiss banks have been fined a total of EUR344 million for operating a cartel coordinating their foreign exchange (forex) spot trades of the world’s 11 most important currencies – USD, EUR, GBP, Japanese Yen, Swiss francs; Canadian, Australian and New Zealand dollars; Danish and Norwegian krone and Swedish Kroner.…

INTRODUCTION

In a global textile and clothing market that is increasingly integrating design with functionality, the potential of luminescent yarns is becoming ever more apparent. The focus of groundbreaking research and development, there is widening diversity in this segment from luminescent coatings on yarns to those that integrate LEDs (light-emitting diodes).…

The Swiss Federal Council’s (Switzerland’s cabinet) May 26 unilateral decision to end seven years of negotiations on a new agreement to govern future relations between Switzerland and the European Union (EU), citing sovereignty concerns (1), closes the door on attempts to ensure the country has a formal link with EU AML/CFT legislation.…

A trade war over airplane manufacturing subsidies between the USA and UK, which has led to 25% additional duties being levied on British knitwear exports to America, appears to have been resolved. The EU and the USA have suspended for five years retaliatory duties that both sides have imposed on each other’s exports in the long-running ‘Airbus’ subsidy dispute.…

On July 3, 2021, the European Union’s (EU) groundbreaking, detailed and wide-ranging directive intended to reduce plastic litter came into force: the directive on single use plastics (SUP) (1) – as it affects a key competitor, the metal packaging sector has been keeping a close eye on the fallout.…

SWITZERLAND and the European Union (EU) will gain nothing by throwing away existing trade rules after long-term negotiations to create a new comprehensive EU-Swiss ‘Institutional Framework Agreement’ collapsed, dairy industry experts have told Dairy Industries International (DII).

Talks ended on May 26, when Switzerland’s Federal Council announced it would not pursue its discussions with the EU, over concerns that a major EU deal would undermine Swiss wages, give EU immigrants social benefit rights and reduce Swiss government powers to subsidise particular chosen industries.…

INTRODUCTION

THE MANUFACTURE of protective masks has been maybe the largest growth area in the international textile and non-wovens industry during the Covid-19 pandemic. Billions of people have donned masks as they seek to avoid catching a disease that by June 11 (2021) had killed 3.7 million people and infected 175 million [1].…

INTRODUCTION

The COVID-19 pandemic has had many profound social and economic impacts, but maybe one of the most important for the clothing and textile sector has been how it encouraged the meshing of design and function in products.

With consumers staying at home, they have looked for apparel to provide comfort as much as formal elegance, of more importance when working in an office or attending public evening events.…

The fight is on to save Swiss textile industry unfettered access to European Union (EU) internal market and research programmes after Switzerland pulled the plug on seven years of talks aimed at a new trade and cooperation treaty. A May 26 Swiss Federal Council statement (1), explaining why it could not support the projected Institutional Framework Agreement (InstA) deal, cited “substantial differences” on “key aspects” of the draft agreement mapped out in 2018.…