Search Results for: Russia

CONSUMERS could face more real-time transaction checks when buying goods by card, leading analytics software firm FICO, USA, has suggested in a study of card fraud levels in 19 European countries. Analysis showed United Kingdom (UK) card fraud hit record levels in 2013, up 15% year-on-year at GBP450 million (USD751.86 million) and beating the previous peak in 2008.…

A RANGE of plastics-related chemicals have been included in a draft list of new substances subject to special authorisation by the European Chemicals Agency (ECHA) for their manufacture or use in the European Union (EU). ECHA is now consulting on these planned additions to its ‘authorisation list’, because of concerns about their potential impact on human health and the environment.…

A potential bonanza of new projects may be offered to Chinese construction companies following the set-up of a new development bank with lots of cash for infrastructure projects. This July marked the launch of the so-called ‘BRICS Bank’, a new multilateral development bank, operated by Brazil, Russia, India, China, and South Africa.…

THE BAN imposed by Russia at the beginning of August on dairy products from the European Union (EU), US, Canada, Norway and Australia will cause disturbances on the European and world markets, the European Dairy Association (EDA) warned the European Commission on August 13.…

THE EUROPEAN Union (EU) oil refining industry is looking at September as the time when the European Commission may propose a new way to implement the bloc’s fuel quality directive (FQD). This would break a deadlock of almost three years, with Brussels tabling its last proposed technical rules on how the 2009 law should work in October 2011.…

ECUADOR, an important confectionery exporter to the European Union (EU), has struck a new bilateral free trade agreement with the EU, which will eliminate tariffs on imports to Europe. The new trade deal is supposed to take effect in late 2016, and until then a system of preferential tariffs will be in place.…

The cogeneration market in Turkey is in flux. Overall combined heat and power (CHP) capacity has dropped over the past decade from 15% of total energy capacity in 2004, to 14% in 2013, primarily due to high oil and gas prices in the wake of market liberalisation that made CHP less cost effective.…

EXPORTS from the European Union (EU) to Russia of a wide variety of specialist coatings with military uses have been banned as a result of extensive sanctions imposed on Moscow. Imposed because of the Ukraine crisis, the EU Council of Ministers has released details of the banned goods, which include so-called ‘dual-use’ goods that have military as well as civilian uses.…

A STATE of emergency was declared on 28 July in the Ignalina district of Lithuania after African Swine Fever was discovered in a Danish-owned pig complex, bordering Latvia. This is the first outbreak of African Swine Fever (ASF) in a commercial holding in the European Union.…

European Union (EU) meat production is projected to start growing in 2014, according to the European Commission, as Europe’s economic recovery solidifies. This could be up 0.7% year-on-year for beef, veal, pigmeat, poultry, sheep and goat meat. However, exports might fall for pigmeat and poultry, with Russian import bans especially causing problems for pigmeat.…