Search Results for: European Union

A strengthening domestic cheese market is expanding capacity for Czechia dairy manufacturers, who may use this additional production to boost export sales. Czechia may be a small European country but it is a significant cheese exporter, with more than half its cheese production sold abroad, according to Jiří Kopáček, of the Czech-Moravian Dairy Association (ČMSM).…

The European auto sector is uneasy about the 35.3% countervailing duties that the European Union (EU) has imposed on China-built BEVs on top of the standard 10% import tariff. While they were imposed in response to what the EU executive, the European Commission, claims are unfair state subsidies throughout Chinese supply chains that undercut the bloc’s own European Automobile Manufacturers’ Association (ACEA) has declined to comment.…

Increasing concerns that Europe is being left behind in artificial intelligence (AI) studies and applications have promoted a call for urgent and practical action by the Guild of European Research-Intensive Universities. https://www.the-guild.eu/about/ This group of 22 universities from 16 European countries has released a detailed position paper as the new European Commission, which takes office on December 1, considers how to strengthen Europe’s AI position.…

The victory of pro-European Moldovan leader President Maia Sandu in the November 3 national election presents significant potential for the country’s clothing and textile industry. Positioned between Romania and Ukraine, Moldova has long been influenced by Russia but has applied to join the European Union (EU).…

An Italian-led investigation, supported by the European Union (EU) prosecutor and judiciary agency Eurojust, has smashed a network responsible for forging and selling 2,000 works of contemporary art, from artists including Banksy, Andy Warhol and Pablo Picasso. In what Eurojust, said (1) was “an unprecedented operation”, involving Belgian, French and Spanish authorities, 38 suspects accused of involvement in a cross-border fake art network have been charged in Italy with conspiracy to forge and dealing in forged art. …

While the increasingly complex financial world’s fintech and cryptocurrency networks may boost liquidity and financial efficiency, it also complicates screening transactions for crime links. That includes the growing number of sanctions created by Russia’s ongoing invasion of Ukraine and Iranian support for terror groups.…

The International Sustainability Standards Board (ISSB) is considering a report highlighting difficulties in implementing its first two standards, with board members to consider whether they need amending. The paper focuses especially on problems linked to IFRS S2 on climate-related disclosures, such as concluding paragraphs being “unclear and [that] appear contradictory” to requirements in IFRS S2 regarding disclosure of “scope 3 category 15 GHG emissions”, for example.…

EUROPEAN oil and fats industry representatives are concerned and green groups angry that the European Commission is proposing to delay (1) implementation of the May 2023 European Union (EU) deforestation regulation (EUDR) (2) by a year. However, industry groups in Malaysia and Indonesia are hailing the delay as a sensible move, helping them prepare for the new regime.…

A new European Union (EU) Commissioner for agriculture and food has been told to draft an EU Vision for Agriculture and Food within 100 days of taking office, expected on December 1. Luxembourger Christophe Hansen takes on this key role in the second European Commission of president Ursula von der Leyen, which will work until 2029.…

Whether the billions of taxpayer dollars pledged for Canada EV supply chain by the Canadian, Ontario and Québec governments were value for money and should be maintained will be a key question in the country’ upcoming election cycle.

The federal Liberal government is teetering, with minority support within the Canadian parliament no longer buttressed by an agreement with the left-wing New Democratic Party (NDP).…