Search Results for: Russia

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development is lending US$5.4 million to the Maritime Port Authority of St Petersburg to fund the construction of a maritime navigation safety system in the main Russian sector of the Baltic Sea, where a future surge in tanker traffic is anticipated.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank is lending US$10 million to Ruscam, a Russia-based glass bottle supplier. The seven-year loan will finance the installation of a second furnace for the company, providing Ruscam with an additional 315 tons of glass making capacity per day at its Vladimir region base, 335 miles east of Moscow.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development is lending Euro 10 million to Denmark’s Danfoss Solutions, who will finance investment in energy-efficiency projects in the eastern European brewery sector, particularly in Poland and Russia, where energy consumption by industrial companies is significantly higher than in western plants.…

KEITH NUTHALL
THE MOST important driver of reform in the institutions of the European Union today is the impending enlargement of the EU eastwards, to take in (Greek) Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia.…

BY KEITH NUTHALL
THE EUROPEAN Parliament’s transport committee has recommended that a financial carrot is dangled before the Russian government to try and end the practice of paying its national carrier Aeroflot for over-flying rights on trans-Siberian, trans-polar and trans-Asian routes.…

BY MARK ROWE AND KEITH NUTHALL
A RUSSIAN entrepreneur, Oleg Udolin, is making a tidy living out of making windscreen-cleaning fluid out from confiscated contraband vodka. In a neat reversal of the traditional Russian penchant for drinking anti-freeze, the Moscow region man’s company Spiritprompererabotka has been extracting ethyl alcohol under licence from bottles of vodka confiscated by Russia’s police and customs forces.…

Keith Nuthall
THE EUROPEAN Commission and the Algerian government are to cooperate to ensure that sub-standard shipping does not ply the seaways of the Mediterranean, notably through the phasing out of old single hull tankers.

European Union (EU) transport Commissioner Loyola de Palacio and Algeria’s transport minister Abdelmalek Sellal agreed at a meeting in Algiers that a joint group of experts should draw up a cooperation programme on improving maritime safety.…

BY MARK ROWE
RUSSIA has been warned that it faces retaliatory trade measures if it does not remove import barriers on meat from the USA. Robert Zoellick, the United States Trade Representative, told the US Senate Finance Committee that he would not shrink from taking such steps in order to put pressure on Russia to drop the restrictions.…

BY KEITH NUTHALL
JUDGES and jurors across the continent of Europe should in future be protected from corruption by their national governments in all legal cases, under an extension of a Criminal Law Convention on Corruption that has been agreed by the Committee of Ministers of the Council of Europe.…

BY MATTHEW BRACE, in Brisbane, EDWARD PETERS, in Hong Kong, RICHARD HURST, in Johannesburg, MARK ROWE, in London, SWINEETHA DIAS WICKRAMANAYAKA, in Columbo and MONICA DOBIE, in Montreal.
FRAUD is fraud, jurists might say. And although jurisprudence generally has a universal flavour and there are frauds that are committed the world over, it would be a travesty of the truth to say that crimes involving deception uniform by nature.…