Search Results for: Dutch caribbean

BY KEITH NUTHALL

EUROPEAN Union (EU) sugar importers can benefit from new liberalised trade rules that came into force today (OCTOBER 1). The European Commission is urging the industry to exploit the new quotas. Notably, exporters from the poorest producer countries – labelled "least developed" by the United Nations – can now send unlimited amounts of sugar to the EU, duty free.…

BY KASHMIR HILL

TEXAS financier R Allen Stanford built an US$8.5-billion Caribbean banking empire catering to 30,000 customers in 131 countries, but this year Stanford was indicted for swindling those investors in a massive, ongoing fraud. The US government is calling it a Ponzi scheme that defrauded investors of US$7 billion, making it the second largest of the era after Bernie Madoff’s.…

BY KEITH NUTHALL

EUROPEAN Union (EU) consumer safety alert service RAPEX has released warnings about western Europe-made cosmetics products. In July, it reported a Dutch market withdrawal of France-made Bio Claire lightening body cream over illegal glucocorticosteroid and clobetasolpropionate content. There was a Germany recall of German-made Siriderma skin cream, over silver chloride/titanium dioxide content – which should not be used near eyes under the EU cosmetics directive.…

BY KEITH NUTHALL

A HAITIAN consortium E-Power SA will receive US$30 million in investment through the World Bank’s International Finance Corporation to build a 30-megawatt heavy fuel oil power plant, reducing the Caribbean state’s acute power shortages. US$14 million of this will be syndicated through Dutch development bank FMO.…

BY KEITH NUTHALL

INTERNATIONAL talks are underway to secure Ukraine funding to pay Russia for natural gas to ensure deliveries to Europe can be guaranteed this winter.

The European Commission, the International Monetary Fund (IMF), the World Bank, the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have been meeting with Russian and Ukraine officials to head off a repeat of last winter’s supply crisis.…

BY KEITH NUTHALL

ITALIAN, Dutch, Israeli and German researchers are creating a database that can advise businesses and others on the potential health, safety and environmental impact of nanoparticles. This NHECD (Nano health-environment commented database) database is being financed with Euro 1.45 million of European Union research funds.…

BY JAMES FULLER

SMALL island states are always vulnerable in energy sustainability terms, but the growth in renewable energy technologies is giving them a better shot at security of supply. The Caribbean is a case in point, where green energy technologies are being explored across the region.…

BY DAVID HAWORTH

THE EUROPEAN Union’s (EU) incoming food health claims labelling regulation was given a drubbing by industry experts and politicians at a conference earlier this week (NOTE – JUNE 2) who called for "time out" on the laws’ implementation to allow for an impact assessment.…

BY KEITH NUTHALL

IN a battle between two drinks companies with the same name, a Guadeloupe rum-maker has won the right to trademark its moniker – Montebello – fighting off a challenge from a namesake Spanish wine company. The European Court of Justice Court of First Instance has ruled Montebello, of Petit-Bourg, on the French Caribbean island, has European Union trademark rights, dismissing arguments that consumers could be confused with wines sold by challenger Bodegas Montebello, of Montilla, Spain.…

BY KEITH NUTHALL

THE FINAL shape of the European Union’s (EU) third energy packaging and its varied options on unbundling has generated concern, especially amongst acolytes of full scale liberalisation. The debates over this legislation have pitted countries such as France, with a mercantilist approach that a borderless market is an opportunity for local, especially large, companies; and liberalisers such as the Dutch and the British seeing the union as a massive market in which the fittest thrive, from whatever country.…