Search Results for: Russia

BY KEITH NUTHALL

MAJOR investment could be required by European Union (EU) gas utilities because of a new EU regulation insisting that member states have sufficient storage capacity to deal with supply crises such as the Russia and Ukraine dispute in 2008 and 2009.…

BY KEITH NUTHALL

THE EUROPEAN Union’s (EU) anti-fraud agency OLAF last year opened 39 new probes into financial irregularities involving EU agriculture programmes and at least 25 could generate criminal charges says its new annual report. With OLAF investigations lasting on average two years, these inquiries are ongoing and reflect continuing efforts by Brussels-based OLAF to squeeze fraud from EU food subsidy spending.…

BY KEITH NUTHALL

A EUROPEAN Commission expert group has warned of serious potential shortages in supplies of rare non-ferrous metals in the next 20 years, especially of those required by emerging technologies.

An ad hoc group of the European Union (EU) Raw Materials Supply Group has concluded that 16 non-ferrous metals should be placed on a "critical list" of concern.…

BY KARRYN MILLER

AS trade barriers continue to diminish, clothing brands are becoming more global. However it is not as easy for the sizes of their goods to be quite as worldly. International players need to adapt their fits for different target markets but that level of adaptation varies by country.…

BY MARK ROWE

WHEN it comes to the power sector, it certainly pays to be green in eastern Europe right now. The London-based European Bank for Reconstruction and Development (EBRD), whose mandate is to bring sustainable development to eastern Europe and central Asia, has been especially active in promoting green energy across the region.…

BY MONIKA HANLEY

OFTEN lumped together, the three Baltic States (Lithuania, Estonia and Latvia) vary greatly in their anti-money laundering standards and risks and banking competencies. Estonia has a well-regarded financial centre with one of the most advanced and transparent banking systems of the newer European Union (EU) member states as well as newly adopted anti-money laundering laws, something the other two Baltic States cannot boast.…

BY KEITH NUTHALL

THE TOWN of Asbestos in French-speaking Québec, Canada – named after the mineral that underpins its economy – is waiting to see whether its provincial government will approve a Canadian dollar CAD58 million (US dollar USD56 million) loan enabling an underground mine to tap an immense deposit.…

BY JOHN PAGNI

THE FOUNDER and CEO of the successful Russian Standard Vodka company has welcomed the planned vodka taxation increases announced by the Russian government. In a rare interview with Russian language media Roustam Tariko told the Vedomosti newspaper: "What the government is doing is absolutely correct.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) is helping the USA deal with the massive BP oil spill in the Gulf of Mexico. Coordinated by the EU emergency response group, the Monitoring and Information Centre (MIC), the EU will send oil skimmers and oil spill experts.…

BY KEITH NUTHALL and MARK GODFREY

A CANADIAN company seeking to develop Mongolia’s largest uranium deposit is pushing ahead with legal action against the country’s government, which it accuses of illegally expropriating its mining licences. Accusations of favourtism towards Russia have soured relations between the Mongolian government and Toronto-based mining firm Khan Resources.…