Search Results for: European Parliament⊂mit=Search
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ETHICS BOARD RELEASES KEY STANDARDS BOOSTING SUSTAINABILITY REPORTING TRUST
The International Ethics Standards Board for Accountants (IESBA) has approved two significant sets of standards designed to underpin public trust in sustainability reporting and assurance. IESBA approved the International Ethics Standards for Sustainability Assurance (IESSA) and revisions to the International Code of Ethics for Professional Accountants (including International Independence Standards).…
TRUMP TARIFFS COULD DISRUPT GLOBAL CAN MAKING INDUSTRY
The international can making and filling industry is assessing the impact of a second Donald Trump presidency in the USA, given he has threatened to impose universal tariffs on all imports.
Trump has floated imposing 10%-20% tariffs on all US imports, including trades with countries having free trade agreements with America.…
ITALY’S BRUNA SZEGO TO CHAIR NEW EUROPEAN AML AUTHORITY
Italian Bruna Szego is set to chair the European Union’s (EU) new Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) (1) following a vote by two key European Parliament committees. The vote to back the only woman on the three-person shortlist to head the new Frankfurt-based AMLA, followed a three-hour closed-door hearing in Strasbourg, France with the committees on economic and monetary affairs (ECON) and civil liberties, justice and home affairs (LIBE).…
EBL WHITE PAPER CONCLUSIONS AND ANALYSIS
Today, carriers are driving eBL adoption and in many ways have harvested the low-hanging fruit of early adopters. However, the challenge now is to cross the chasm and pave the way to widespread adoption.
What is needed is a clear new value proposition for customers to adopt eBL.…
CHEESE-LOVING CZECHS EXPAND ADDED-VALUE DAIRY MARKET AND INDUSTRY
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).…
DUTCH HIGHER EDUCATION FUNDING FEARS INTENSIFY AS CALLS TO REVERSE CUTS ARE REJECTED
The Dutch higher education community has condemned massive cuts to the sector’s budget and caps on international student numbers, after the country’s ruling politicians rejected calls to rethink its controversial structural reforms.
On 27 November (2024), in a vote in the Dutch House of Representatives (Tweede Kamer), the Netherlands’ right wing four-party coalition led by Independent Prime Minister Dick Schoof supported a proposal spearheaded by Dutch Minister of Education, Culture and Science, Eppo Bruins of the New Social Contract party, to cut education funding by approximately EUR2 billion – half of which is earmarked for higher education – despite growing pressure from opposition parties who are threatening to block the plans in the Dutch Senate (Eerste Kamer) (https://www.dutchnews.nl/2024/11/coalition-stands-firm-over-e2bn-education-cuts-despite-warnings/…
IMPACT OF MYANMAR'S CONFLICT ON THE CLOTHING AND TEXTILE INDUSTRY
The ongoing conflict in Myanmar, as its military government loses control over territory to rebel groups, is severely affecting the country’s clothing and textile industry. This is especially in the central Burman region, where a majority of the sector’s factories are located.…
COTTON PRODUCERS PUSHED TOWARDS MORE SUSTAINABLE MANUFACTURING
The global cotton supply chain is expected to be impacted by extreme weather events, trade disputes, geopolitical tensions, increasing regulation and more complex shipments in 2025, but traceability and innovation might help to reinvent the sector, experts have said.
According to the US department of agriculture, “2024/25 global cotton consumption is forecast at 115.2 million bales (…) more than 9 million bales below the record level witnessed four years ago”, thanks to more production and consumption of man-made fibres (1).…
EU EDUCATION MINISTERS GIVE CAUTIOUS WELCOME TO EUROPEAN DEGREE
European Union (EU) education ministers and university experts have argued this week the creation of a European degree could boost cooperation between higher education institutions (HEIs), but that more work is needed to make it successful.
Pia Ahrenkilde Hansen, the European Commission’s director general for education, told EU education ministers (https://video.consilium.europa.eu/event/en/27718…
EU HITS CHINA-BUILT BEVS WITH TARIFFS UP TO 35.3% OVER STATE SUBSIDIES
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.…