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SPANISH meat producers secured increasingly healthy prices in 2013 as the country crept out of recession in the second half, figures from its ministry of agriculture, food and the environment (MAGRAMA) show.

Category E pork (55% – 59% leanness) rose by 11.4% on 2012 to average EUR1.936 per kilo, 10.3% greater than the European Union (EU) average, peaking at EUR2.171/Kg.…

PLANS to open more branches of foreign universities in South Korea Incheon Free Economic Zone (IFEZ) are back on track, say managers of the development. The US-based George Mason University, and the University of Utah, and Belgium-based Ghent University, are planning to open branches at Incheon this year (2014).…

Excess capacity in the steel industry remains a key challenge that the Organisation for Economic Co-operation and Development’s (OECD) steel committee will discuss at its two-day meeting in Paris this Thursday and Friday (December 5 to 6).

“Excess capacity and the economic health of the steel industry: the current situation, possible future scenarios and policy responses” tops the list of the committee agenda obtained by Steel First.…

BRAZIL, Russia, India, and China are eager to boost biofuels production, with their governments laying out energy targets and detailed plans to achieve them. And while each country has made progress, manufacturers in all the BRICs countries can still struggle with irregular feedstock supplies and spotty regulation.…

IT has not happened yet but the outlook for effective world-wide action to expose the beneficial ownership of shell companies and other kinds of suspect corporate vehicles is probably better today than it has been for many years, perhaps ever. That’s the word from Robert Palmer of Global Witness, the campaign group which has played a leading part in pressing for action on the matter.…

THE EUROPEAN Bank for Reconstruction & Development (EBRD) has announced that it will sell its stake in Russian vaccine producer NPO Petrovax. The bank had made a EUR15 million equity investment in the country in 2008, having lent it USD25 million in 2004 to finance developing a modern plant in Pokrov, near Moscow.…

THE EUROPEAN Union (EU) has cut its budget for fighting animal diseases from Euro EUR199 million this year (2013) to just over EUR160 million for 2014. Whilst the European Commission has not explained the reduction, it comes as the EU embarks on a new medium-term budget cycle that includes a real-terms financial cut for the first time in the EU’s history.…

THE DIPLOMATIC stand-off between the European Union (EU) and Russia over their respective links to Ukraine throws into stark light the EU’s desire to secure energy security of supply and to decrease its reliance on an unpredictable Russian government. These needs were reflected in the announcement in October of a list of 248 energy infrastructure projects that the EU wants built in in the next decade, all in some way connecting EU member countries through electricity, gas and oil links.…

THE EXPLOITATION of virtual currencies such as Bitcoin, Litecoin, Peercoin and Namecoin, to name but a few, by money launderers is an emerging concern amongst anti-money laundering (AML) regulators. They may not be legal tender, but they are convertible if owners can find institutions or people willing to turn them into fiat currency.…

WHILE American textile producers fear the potential impact of the planned Trans-Pacific Partnership (TPP) regional free trade agreement, it is smaller and medium-sized Vietnamese producers who really need to be worried. That is the view of

Chris Walker, marketing manager for Thai Son S.P.…