Search Results for: Norwegian

BY KEITH NOYAHR, in Colombo

A YEAR after the Boxing Day tsunami, the four badly affected universities in Sri Lanka’s north, south and east are boxing on, with a bare minimum of repairs and reconstruction for want of funds. The University Grants Commission (UGC) had estimated the damage to the buildings and hostels at Ruhunu, South Eastern, Jaffna and Eastern universities to be SL Rupees 72 million (Pounds 387,000 at local prices), but its Chairman Professor Ranjith Mendis regretted that "the government and foreign donors had not been able" to find these sums.…

BY KEITH NUTHALL
THAT criminals abuse the insurance industry is nothing new for a sector routinely screening claims for hints of fraud. However, its managers have proved far less alert to the risk of it being exploited by money launderers and terrorist financers, a new detailed report has claimed.…

BY KEITH NUTHALL
NORWAY and the European Commission have struck a deal preventing the selling of Norwegian salmon at dumped cheap prices on EU markets. Norway has agreed a minimum import price, sparking the lifting of protective safeguard duties by Brussels.…

BY KEITH NUTHALL

NORWAY has unveiled the arguments it will use at the World Trade Organisation (WTO) when claiming that the European Union’s (EU) new anti-dumping regime on farmed Norwegian salmon breaks the WTO’s Anti-Dumping Agreement. Oslo is claiming that Brussels has broken four of this WTO agreement’s articles by imposing duties on farmed salmon as a single product, “whether or not the farmed salmon consists of whole fish or filleted portions of varying sizes and form”.…

BY KEITH NUTHALL
NORWAY’S alcohol advertising ban has been undermined by a European Free Trade Area (EFTA) Court ruling, which says that the Norwegian Alcohol Act illegally breaks trade freedom rules of the European Economic Area (EEA) agreement. The act could be justified only, said the ruling, “where the protection of public health against the harmful effects of alcohol can be secured by measures having less effect on intra-EEA trade”.…

BY KEITH NUTHALL
NORWEGIAN company car fleets wanting to import second-hand cars should not have to pay a special tax not applied when buying used cars within Norway, the European Free Trade Area (EFTA) Surveillance Authority has claimed. It is threatening Norway with legal action on grounds of illegal discrimination if it does not scrap the tax.…

BY KEITH NUTHALL
NORWAY’S alcohol advertising ban has been undermined by a European Free Trade Area (EFTA) Court ruling, which says that the Norwegian Alcohol Act breaks trade freedom rules of the European Economic Area (EEA) agreement. The act could be justified only, said the ruling, “where the protection of public health against the harmful effects of alcohol can be secured by measures having less effect on intra-EEA trade”.…

BY KEITH NUTHALL
WHILE discussions continue over how to ensure the security of energy supplies to the European Union (EU), Brussels institutions are sinking money into one sure bet, eastern Europe and the former Soviet Union. The European Bank for Reconstruction and Development (EBRD), for instance, is lending US$170 million to SOCAR, the State Oil Company of Azerbaijan, to fund two Caspian gas projects.…

BY KEITH NUTHALL

RUSSIA has sent another threat to Europe over gas supplies, undermining its reputation as a potential reliable energy partner for its western neighbours. Semyon Vainshtok, the president of Russia pipeline monopoly Transneft has told the daily newspaper Nezavisimaya Gazeta that Russia has "overfed Europe with crude".…

BY KEITH NOYAHR, in Colombo

A YEAR after the Boxing Day tsunami, the four badly affected universities in Sri Lanka’s north, south and east are boxing on, with a bare minimum of repairs and reconstruction for want of funds. The University Grants Commission (UGC) had estimated the damage to the buildings and hostels at Ruhunu, South Eastern, Jaffna and Eastern universities to be SL Rupees 72 million (Pounds 387,000 at local prices), but its Chairman Professor Ranjith Mendis regretted that "the government and foreign donors had not been able" to find these sums.…