Archive
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.
EU LAWMAKERS GREENLIGHT BRUNA SZEGO FOR AMLA CHAIR
The European Parliament has given Italy’s Bruna Szego the green light to chair the European Union’s (EU) Anti-Money Laundering Authority (AMLA) (1) in a vote today (December 18) in Strasbourg, France. The vote, by a huge majority of 569 votes in favour, 20 against, and 61 abstentions, mirrored the endorsement given two days earlier in the EP committees on economic and monetary affairs (ECON) and civil liberties, justice and home affairs (LIBE), a month after they selected Szego for the job (2).…
EUROPEAN UNION TIGHTENS SANCTIONS SCREWS ON RUSSIA AS SYRIAN CRISIS EXPOSES MOSCOW WEAKNESSES
The European Union (EU) has further broadened its sanctions targeting Russia to increase pressure on its government, as the fall of its ally in Syria weakens Moscow’s geopolitical position. EU ministers have now sanctioned Chinese suppliers of the Russian invasion in Ukraine, Russian crude oil suppliers and an airline, as well as companies alleged to be spreading disinformation in Africa and elsewhere.…
NEW COMMISSION MUST KEEP EU FOOD SECTOR COMPETITIVE AND SUSTAINABLE, SAY INDUSTRY EXPERTS
The new European Commission (2024-2029) taking office on December 1, 2024, under reappointed Commission president Ursula von der Leyen should use its term of office to enable a strong, competitive agri-food chain. That was the message of European Union (EU) food industry experts speaking to Just Food this week.…
PERUVIAN COMPANIES LOOK TO INCREASE EXPORTS TO THE US MARKET AGAINST TRADING HEADWINDS
The Peruvian alpaca textile and clothing sector is trying to increase formal exports to the United States, despite some trading problems undermining its position.
Peru’s minister of foreign trade and tourism, Úrsula Desilú León Chempén promoted these sales at garment fairs Sourcing at Magic New York and Coterie New York, in September (2024), stressing Peruvian fabric’s “wide range of materials that are of excellent quality, high durability, and sustainable”, promising to “continue strengthening” the industry (https://efecomunica.efe.com/en/peruvian-textile-companies-look-to-increase-exports-to-us-market/…
ETHICS BOARD RELEASES KEY STANDARDS BOOSTING SUSTAINABILITY REPORTING TRUST
The International Ethics Standards Board for Accountants (IESBA) has approved two significant sets of standards designed to underpin public trust in sustainability reporting and assurance. IESBA approved the International Ethics Standards for Sustainability Assurance (IESSA) and revisions to the International Code of Ethics for Professional Accountants (including International Independence Standards).…
TRUMP TARIFFS COULD DISRUPT GLOBAL CAN MAKING INDUSTRY
The international can making and filling industry is assessing the impact of a second Donald Trump presidency in the USA, given he has threatened to impose universal tariffs on all imports.
Trump has floated imposing 10%-20% tariffs on all US imports, including trades with countries having free trade agreements with America.…
ITALY’S BRUNA SZEGO TO CHAIR NEW EUROPEAN AML AUTHORITY
Italian Bruna Szego is set to chair the European Union’s (EU) new Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) (1) following a vote by two key European Parliament committees. The vote to back the only woman on the three-person shortlist to head the new Frankfurt-based AMLA, followed a three-hour closed-door hearing in Strasbourg, France with the committees on economic and monetary affairs (ECON) and civil liberties, justice and home affairs (LIBE).…
EBL WHITE PAPER CONCLUSIONS AND ANALYSIS
Today, carriers are driving eBL adoption and in many ways have harvested the low-hanging fruit of early adopters. However, the challenge now is to cross the chasm and pave the way to widespread adoption.
What is needed is a clear new value proposition for customers to adopt eBL.…
INDIA ENERGY MAJOR EXPANDS BIOGAS SERVICES AND GOVERNMENT DEVELOPS RENEWABLE ENERGY
India’s struggling biofuel industry may finally be picking up as the country’s oil refining major, Reliance Industries Ltd, announcing an Indian Rupees INR650 billion (USD7.72 billion) investment plan to set up 500 compressed biogas (CBG) plants over the next three years in the southern state of Andhra Pradesh.…
CHEESE-LOVING CZECHS EXPAND ADDED-VALUE DAIRY MARKET AND INDUSTRY
A strengthening domestic cheese market is expanding capacity for Czechia dairy manufacturers, who may use this additional production to boost export sales. Czechia may be a small European country but it is a significant cheese exporter, with more than half its cheese production sold abroad, according to Jiří Kopáček, of the Czech-Moravian Dairy Association (ČMSM).…