Search Results for: European Parliament
10 results out of 17444 results found for 'European Parliament'.
CIVIL AVIATION SECTOR PUSHES AHEAD WITH SUSTAINABLE FUEL GROWTH
In 2019, before Covid-19 knocked the industry off a seemingly unstoppable growth trajectory, 95 billion gallons of fuel was burned by commercial airlines worldwide said statistical service Statista.
Speaking to Petroleum Review, International Civil Aviation Organisation (ICAO) deputy director for environmental protection Jane Hupe said analysis undertaken by the UN agency found “that, by 2050, it would be physically possible to meet 100 percent of international aviation jet fuel demand with sustainable aviation fuels, corresponding to a 63 percent reduction in emissions.”…
BENEFICIAL OWNERSHIP LEDGERS BEING CREATED – BUT NOT WITHOUT SERIOUS TEETHING TROUBLES
Britain’s open register of beneficial ownership was groundbreaking worldwide but its effectiveness as a bulwark against money laundering is being debated, even as both the European Union (EU) and the US move ahead at varying pace to replicate the system. The question of whether BO registers should be open or closed is one that is being discussed in countries around the world.…
EUROPEAN DAIRY SECTOR ENCOURAGED BY RUSSIA LOOSENING IMPORT BAN TO COPE WITH COVID-19
Moscow’s action on 90% demineralized whey powder followed up an announcement made in March 19 by Prime Minister Mikhail Mishustin that from March 20 “for one month, all restrictions on the supply of essential goods, including customs, are cancelled”. This was followed up by a government plan allowing for the easing of sanctions-related restrictions – see http://static.government.ru/media/files/vBHd4YRxpULCaUNNTFLVpPSZbMCIA2Zq.pdf…
GROWING DESIRE FOR WELLNESS EXPANDS SALE OF NICHE BEAUTY PRODUCTS FOR EXERCISE AND ATHLETICS
Comprised of a dry shampoo, deodorant, face moisturiser, lip balm, and more recently, body lotion, the line is sold only in North America and available in gym or travel sizes. “For over 20 years, lululemon has been focused on solving athletes’ needs.…
OPINION: Canada Rail Distruptions and the Need for Reconciliation
While this dispute is happening thousands of kilometres away from where most Canadians (settler or indigenous) live, this dispute illustrates how tough it is to get appropriate sign-off from indigenous communities on pipeline projects and how it is underpinned by centuries’ old struggles involving indigenous Canadians.…
CANADIAN AUTO SECTOR WELCOMES FINAL USMCA DEAL – WITH FINAL REVISIONS ON STEEL SUPPLIES AND LABOUR STANDARDS
The Canadian automotive industry has welcomed the final text of the United States-Mexico-Canada Agreement (USMCA) trade deal, which includes new flexibility over steel supplies to the North American automotive manufacturing industry.
David Adams, president, Global Automakers of Canada (which represents all Canadian auto manufacturers except for the Big Three), said the new amendments reflected Canadian government thinking and that now he expected “all three countries will work to ratify expeditiously….”,…
SLOVAKIA STRENGTHENS EFFORTS TO TACKLE MONEY LAUNDERING AND TERRORISM FINANCING – BUT WILL NEED TO FOCUS ON ENFORCEMENT
SLOVAKIA may have been facing European Commission legal action over foot-dragging in implementing European Union EU AML/CFT legislation and has been striving to improve its AML/CFT weaknesses, but its general reputation in combating money laundering is solid. The Basel Institute of Governance AML Index 2019 ranked this central European country 109 out of 125 countries assessed, with the highest number being the top performer.…
EU MINISTERS GREENLIGHT COMMISSION TO DRAFT LAW CREATING NEW EU AML AUTHORITY
THE EUROPEAN Union (EU) Council of Ministers has invited the European Commission “to present legislative proposals” on creating an EU anti-money laundering/combating the financing of terrorism (AML/CFT) body and tightening the harmonisation of AML/CFT rules across the EU. A comprehensive policy document, signalling a likely shift in authority over AML/CFT powers from EU member states to central EU institutions, highlighted how a central EU AML institution might work.…
CHINESE INVESTORS INTEREST IN PAKISTAN TEXTILE INDUSTRY GROWING
PAKISTAN’s clothing and textile sector hopes that 2020 will be a big year for Chinese investment – as Chinese companies look to move production to outsourcing centres, such as Pakistan, that have lower labour costs than China, but nonetheless a skilled workforce, and government incentives through reduced taxes and duties.…
EUROPEAN COMMISSION APPROVES MAJOR LITHIUM ION SUBSIDY SCHEME – BENEFITING MINERS, PROCESSERS, MANUFACTURERS AND RECYCLERS
THE APPROVAL of a EUR3.2 billion set of subsidies by seven European Union (EU) member states could generate a major mineral supply and processing chain to manufacture lithium ion batteries within Europe. A decision announced yesterday (December 9) by the EU executive, the European Commission, loosening its usually tight control of national government support for industry, effectively greenlights a major collaborative project designed to strengthen European battery production.…