Search Results for: German
10 results out of 1852 results found for 'German'.
CAP REFORM MUST NOT DAMAGE SINGLE MARKET, SAY DAIRY EXPERTS
REFORMS now under discussion for European Union (EU) dairy subsidies and controls under the EU’s Common Agriculture Policy (CAP) must keep the internal market intact, dairy industry experts have told Dairy Industries International. Their comments follow the European Parliament giving a ‘first reading’ vote in principle on December 12, to EU agricultural financial spending rules within a so-called ‘omnibus’ finance regulation.…
EU COUNCIL ADOPTS CONTROVERSIAL MONEY LAUNDERING AND TAX FRAUD BLACKLIST
THE EUROPEAN Union (EU) Council of Ministers today (December 5) adopted a money laundering blacklist, bringing widespread criticism because the listing – designed to prevent tax fraud and evasion – only covers countries outside the 28-nation bloc. Despite the European Commission screening 92 jurisdictions worldwide, the final list of non-cooperative jurisdictions in taxation matters only contains 17 jurisdictions: American Samoa, Bahrain, Barbados, Grenada, Guam (another US territory), South Korea, Macau (a China special administrative region), the Marshall Islands, Mongolia, Namibia, Palau, Panama, Saint Lucia, Samoa, Trinidad & Tobago, Tunisia and the United Arab Emirates (UAE).…
SOUTH AFRICA’S DIVERSE BEAUTY MARKET BECOMES MORE SOPHISTICATED AND DEMANDING FOR BRANDS
WITH natural beauty product sales increasing in many countries of the world, it is maybe not a surprise to hear that this is happening in Africa’s most sophisticated market – South Africa. Research indicates that the use by South African personal care product companies of phytochemicals, naturally occurring biologically active compounds in plants and algae, in formulations and plastic packaging, is on the rise.…
PARADISE PAPERS WILL DECREASE ATTRACTIVENESS OF OFFSHORE ACCOUNTS, CLAIM EXPERTS
THE RECENT Paradise Papers scandal should lead to more regulation of the offshore sector and corporate secrecy, experts have told Commercial Crime International. This should make tax evasion harder, even if many of the embarrassing revelations in the leak were technically legal.…
WARNING CORRUPT COULD USE LOOPHOLES REVEALED IN PARADISE PAPERS
Transparency International and European Parliament members are warning that the latest tax dodge revelations unveiled by the International Consortium of Investigative Journalists show where criminals could exploit loopholes for corruption and money laundering. Published November 5, the so-called ‘Paradise Papers’ stem from 13.4 million files leaked to German newspaper ‘Süddeutsche Zeitung’ and include financial data showing how the British monarchy, Formula 1 champion Lewis Hamilton and rock star Bono, among others, have minimised their taxes through offshore tax gambits.…
METAL INDUSTRY GIVES CAUTIOUS WELCOME TO NEW ANTI-DUMPING RULES
THE EUROPEAN metals industry has reacted positively to the European Parliament’s endorsement, on November 15 at a Strasbourg plenary meeting, of new European Union (EU) anti-dumping rules which are scheduled to come into force early next year.
However, sector representatives cautioned this week that while the proposals, first presented by the European Commission in November 2016, were stronger and clearer than past rules for erecting such protective duties, “the proof is in the pudding”.…
QATAR STAND OFF HIGHLIGHTS GULF FAILINGS OVER COUNTER-TERROR FINANCE CONTROLS
THE FIVE month-long diplomatic and commercial dispute between Qatar and the so-called ‘anti-terror quartet – ATQ’ of Saudi Arabia, the Saudi Arabia, Bahrain, the United Arab Emirates (UAE) and Egypt) continues and revolves around Doha’s alleged financial support for terrorist groups.…
MINISTERS AND MEPS MAY SCRAP BRITISH-HELD ETS EMISSIONS PERMITS AHEAD OF BREXIT
EUROPEAN Union (EU) member states and the European Parliament may decertify EU emissions trading system (ETS) allowances held by British companies from January 1, 2018, to protect the integrity of the ETS from a possible hard Brexit.
An amendment to ETS rules has been proposed by German Christian Democrat MEP Peter Liese, who is concerned UK energy, transport and other businesses will dump their allowances on the market, if it looks like the British government may fail to negotiate a transitional agreement over quitting the EU.…
TECHNOLOGIES TRANSFORM WASTED MILK INTO DRESSES AND UNDERWEAR
IT has now been six years since the German entrepreneur Anke Domaske has been turning waste cow milk into dresses. Her business, QMILK, is based on manufacturing textile fibre from milk protein, casein, transforming raw milk that while not suitable for human consumption, is also “100% natural and from verified suppliers.”…
GERMAN CARMAKERS FACE USD58.3 BILLION FINES OVER CARTEL
THE GERMAN car industry could be facing fines totalling EUR50 billion (USD58.3 billion) from European Union (EU) anti-trust authorities investigating allegations of a long-running cartel, experts fear. And with Audi, BMW, Mercedes-Benz producer Daimler, Porsche and Volkswagen all being investigated on allegations they were neck deep in a collusion deal dubbed ‘Das Kartell’, the resulting fines could prompt a permanent change in how the German auto industry works, said one specialist.…