Search Results for: International law

Keith Nuthall
THE EUROPEAN Union (EU) Council of Ministers has approved a law which orders all Member States to criminalise private sector corruption – whether active or tacit – ensuring that punishments laid down by their courts involve “effective, proportionate and dissuasive penalties.”…

BY KEITH NUTHALL
THE RIGHT of European Union Member States to discount VAT rates on sales of natural gas and electricity would be enshrined in European Union (EU) law if a new reform of EU sales tax law is approved by national governments.…

BY KEITH NUTHALL
FOOT and Mouth Disease has broken out in Zimbabwe’s Mashonaland East province, an area of the country free of FMD since 1989 and from where farms have been allowed to export their beef. The Organisation International des Épizooties has reported 485 cases.…

BY KEITH NUTHALL
POLITICAL and judicial pressure is being applied to Belgium to ensure it complies with European legislation opposing “tacit approvals” of pollution. Belgian law allows some companies and public organisations to pollute if they apply for permission and receive no reply from regulators.…

BY KEITH NUTHALL
THE EUROPEAN Commission has asked Germany to suspend its system of charging consumers a deposit on (generally aluminium) metal cans, claiming that although it is designed to encourage recycling, it interferes with the right – enshrined in European law – guaranteeing the freedom of movement of goods around Europe.…

BY KEITH NUTHALL
THE EUROPEAN Commission is asking the European Court of Justice to authorise daily-recurring fines against the German government, because it refuses to allow retail goods producers to reduce their VAT bill when issuing money-off vouchers. Germany insists that VAT is paid on their products’ full price, meaning manufacturers cannot recoup all owed sales taxes from consumers.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank is lending US$15 million’s worth of Indian rupees to sugar company Balrampur Chini Mills Limited, partially financing the construction of a new integrated greenfield sugar mill, processing 4,000 tons of cane a day, in Haidergarh, Uttar Pradesh.…

KEITH NUTHALL
THE NEW Italian presidency of the European Union has announced that its top key energy priorities – until it leaves office in December – will include the passage into law of the proposed directives on co-generation, (alongside legislation on oil and gas stocks).…

BY RICHARD HURST
THE SOUTH African Competition Commission has given the green light to the proposed merger between Harmony Gold and African Rainbow Minerals Gold (ARMgold). The deal includes the acquisition of all the issued share capital of ARMgold by Harmony; once finalised, the merged business will be the largest gold producing company in South Africa.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend Tunisia’s Tunisacier SA Euro 35 million to help modernise and expand an existing steel plant. It is currently producing galvanised steel sheets and the loan would also help transform it into a rolling and coated steel production centre, fully integrated with the upstream and downstream operations of the company’s parent, the Riva Group.…