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LITHUANIA’S plans to build the Visaginas nuclear power plant, hailed the first modern nuclear alternative to Russian energy in the Baltic States, have been stalled since Lithuanian voters opposed the idea in an October 2012 referendum.

However, a general election held the same day as the referendum and the resulting newly elected Social Democrat-led government has formed a commission within the energy ministry to recalculate the project’s cost estimates, reporting in March.…

THE NEXT 12 months will be crucial in the positioning of Greenland as a major source of rare earth metals (REM). A general election on March 12, could give a pro-independence, pro-mining party a renewed mandate in the Danish island’s autonomous government.…

TRANSLITERATION and translation have become inescapable challenges for financial institutions and other companies striving to comply with international sanctions.

Precise identification of a sanctions target named in a foreign language is often difficult, but is essential for efficient screening of transactions that should be controlled or blocked in line with blacklists issued by national authorities (and the European Union (EU)), and those based on the comprehensive list issued by the United Nations (UN) Security Council.…

SCIENTISTS at the University of Glasgow, Scotland, have developed a novel way to make packaged food, including any meat product, safer for consumers and to extend shelf-life by exploiting the germicidal power of ozone, a form of oxygen.

Dr Declan Diver and Dr Hugh Potts of the university’s School of Physics and Astronomy have prototyped a revolutionary system to rapidly, safely and temporarily turn some naturally occurring oxygen inside sealed food packaging into ozone, testing it on poultry products.…

THE INSTITUTIONS of the European Union (EU) are coming under pressure to control airborne ultrafine particles at airports over concerns about the health risks they cause. The EU’s air quality directive (2008/50/EC) is currently being reviewed, and while existing new drafts do not extend the legislation to ultrafine particles (at airports or anywhere else), the European Commission is being asked to include these controls via a public consultation open until March 4.…

THE RANGE of penalties for fraud as well as the exact definitions of the offence that apply throughout western Europe are considerable. Within the European Union (EU) alone for instance, the maximum sentences for fraud range from from “at most two years” in Sweden to up to 12 years in Romania.…

WHAT impact could uncertainty in the run-up to a promised British referendum on continued membership of the European Union (EU) have on investment flows from the UK into commercial property and developments in the rest of the EU?

What might the impact be if a referendum did indeed take place and voters told their government loud and clear to quit the EU and free up the UK to make its own laws and regulations covering important aspects of finance, investment and tax?…

ARE people working in industries targeted by organised crime – such as financial services and shipping, more likely to engage in criminal activity than others – and if so, why? Are criminals attracted to certain vulnerable structures in those industries or are some industries more likely to attract dishonest employees than others?…

DESPITE China’s slowing economy in 2012, Chinese consumers still spent handsomely on beauty products. In December alone, for example, spending on cosmetics and personal care products (such as personal soaps, shampoo and toothpastes) increased 16% and 16.6% respectively from the same time a year ago, compared with 8.7% for clothing and 3.6% for jewelry, according to the China Nation Commercial Information Center, a Beijing-based government organisation tracking national retail statistics.…

NOONE has been hanged for fraud in England since 1811, but not every country is so advanced:  today the death penalty is still applied for people convicted of fraud in China, Iran and North Korea among others. And even below the ultimate sanction, deterrents to committing fraud can look frightening in many countries of the world.…