Search Results for: Brazil

BY RICHARD HURST
THE SOUTH African tobacco sector is surviving despite the unfavourable conditions imposed by its government and an increasingly hostile marketing environment. Nonetheless, the industry contributes Rand 5.5 billion in excise and tax to the government exchequer, equivalent to a quarter of the nation’s health care expenditure.…

BY KEITH NUTHALL
THE EUROPEAN Commission is opposing the launch of a WTO case by Brazil, Australia and Thailand against EU sugar subsidies, claiming that the a successful challenge would undermine the trade preferences given to Europe’s sugar imports from poorer African, Pacific and Caribbean.…

BY KEITH NUTHALL
THE EUROPEAN Commission is opposing the launch of a WTO case by Brazil, Australia and Thailand against EU sugar subsidies, claiming a successful challenge would undermine trade preferences given to Europe’s sugar imports from poorer African, Pacific and Caribbean.…

BY KEITH NUTHALL
THE BRAZILIAN government has largely failed to secure a tougher ruling at the World Trade Organisation’s appellate body against the European Union’s anti-dumping duties on malleable cast iron tube or pipe fittings from Brazil. In its initial ruling, a WTO disputes panel found that the EU had erred in two technical ways regarding the setting of the duties, but Brazil appealed, asking the appellate body to declare the duties broke world trade laws more comprehensively.…

BY KEITH NUTHALL
THE EUROPEAN Commission has authorised a deal involving the merger of two key Brazilian suppliers of iron ore into the European Union market. It has approved the proposed acquisition by CVRD (Companhia Vale do Rio Doce) of sole control of Caemi, which it currently shares with Japanese iron ore trader Mitsui.…

BY KEITH NUTHALL
THE STORAGE of CO2 deep underground in uneconomic coal seams is one key option being considered by the (carbon) Sequestration Leadership Forum, which has just been joined by the European Commission. Other members are Australia, Brazil, Canada, Colombia, Italy, India, Japan, Mexico, Norway, China, Russia, Britain and the US.…

BY KEITH NUTHALL
THE EUROPEAN Commission has signed an international charter on the capture and storage deep underground of carbon dioxide, also involving Australia, Brazil, Canada, Colombia, Italy, India, Japan, Mexico, Norway, China, Russia, Britain and the US. This Sequestration Leadership Forum is developing schemes to capturing CO2 at source and storing it for thousands of years deep underground, probably in depleted oil and gas wells, with the aim of reducing greenhouse gas emissions.…

BY KEITH NUTHALL
ALTHOUGH air traveller numbers fell last year, with the civil aviation industry still reeling from September 11, the global travel retail market for perfumery and cosmetics grew by 7.2 per cent last year, the strongest performer of all duty-free shop goods.…

BY MARK ROWE
RUSSIA is to resume imports of Brazilian boneless beef and pork. Russia, a major new market for Brazilian beef exporters, banned purchases from Brazil last December because of concerns over the disease bovine vesicular stomatitis. Brazil says the export herds have been free of the disease for at least one year.…

BY MARK ROWE
THE FIRST meeting of the world’s five largest sugar exporters has agreed to co-ordinate efforts to boost prices in the commodity’s international market from current record lows. Meeting in Bangkok, representatives of Thailand, Australia, Brazil, South Africa and Guatemala agreed to speed up co-operation and seek to lift world prices without raising domestic retail prices.…