Search Results for: Spain
10 results out of 1842 results found for 'Spain'.
MEPS CALL ON SPAIN TO BLOCK HSBC WHISTLEBLOWER EXTRADITION
Green and European Free Alliance (EFA) members of the European Parliament (MEPs) are calling on the Spanish government to block a requested extradition to Switzerland of a French-Italian whistleblower arrested in Spain on April 4. Hervé Falciani revealed details of 100,000 accounts held by French nationals, including politicians and celebrities, to France’s then finance minister Christine Lagarde (now managing director of the International Monetary Fund – IMF) in 2006 and 2007 when working as a computer scientist at HSBC’s Swiss affiliate.…
EU-MEXICO TRADE AGREEMENT WILL BOOST PORK EXPORTS TO MEXICO
THE EUROPEAN Union (EU) and Mexico have agreed, on April 21 in Brussels, a momentous revised trade deal meaning 99% of products will be traded duty-free, and potentially substantially increasing the EU’s pork exports to Mexico. Under the agreement, which will replace a year 2000 trade deal – there will be duty-free trade for virtually all pork products, where customs duties now range up to 20%.…
MUGABE’S DOWNFALL IS GOOD NEWS FOR BURGEONING TOBACCO SECTOR
For the first time since Zimbabwe gained independence from Britain in 1980, the African country’s tobacco selling season opened on March 21 this year with long time ruler Robert Mugabe no longer in power.
Former President Mugabe resigned last November (2017), faced with impeachment proceedings from Zimbabwe’s lawmakers, with the country’s generals and his own ZANU-PF party having turned against him.…
ADULT INCONTINENCE TRIGGERED INNOVATION IN 2017 AND CONTINUES TO OFFER SIGNIFICANT OPPORTUNITY FOR NONWOVENS
THE NONWOVEN adult incontinence market in Europe is offering hygiene product manufacturers and brands a chance to profit in a wider sanitary segment that has been and remains highly competitive.
Western Europe has a high per capita consumption in sanitary protection and a fiercely competitive retailing environment, according to Miles Agbanrin, an analyst for market researcher Euromonitor International.…
CHINA TO FIX PUNCTUALITY: FLIGHT DELAYS SOAR AS SKY’S THE LIMIT FOR AIR TRAFFIC
IMPROVING China’s woeful civil aviation punctuality is clearly a priority for China’s air traffic controllers, and they are seeking new ways to improve a dismal record that has unleashed a wave of public disquiet. Speaking at his organisation’s annual traffic control management conference in Beijing this January, Civil Aviation Administration of China (CAAC) head Feng Zhenglin promised to improve punctuality by better information sharing and efficiency at airports.…
TURKEY TEXTILE AND GARMENT EXPORTS GREW FAST IN 2017 AND ARE STILL EXPANDING
Turkey’s textile exports appear to be moving ahead, with strong growth indicated in 2018, up 10.5% overall in March (2018) year-on-year, according to data from the Turkish Exporters’ Assembly (TİM). Exports of textiles and raw materials rose 13.8% year-on-year at the end of March 2018, to USD9.03 billion.…
HARMONISED TAX APPROACH FOR NOVEL TOBACCO PRODUCTS WILL BECOME A REALITY ONCE THEY REACH THE MASS, EXPERTS SAY
THE DECISION of the European Commission not to propose a harmonised European Union (EU) approach for excise duty on e-cigarettes and other novel tobacco products has been welcomed by the tobacco sector for avoiding punitive taxation on a nascent segment.
But should such rules ultimately be introduced the tobacco sector may not oppose them if they reflect the lower health risks involved in consuming such products by enabling lower excise duty bands.…
CASH REMAINS KING FOR MONEY LAUNDERERS, ALTHOUGH USE OF CRYPTOCURRENCIES IS GROWING
Despite the rise in alternatives, notably prepaid cards and cryptocurrencies, such as Bitcoin, cash remains the instrument of choice for the world’s money launderers, say anti-money laundering experts.
Indeed, they say that a July 2015 report from European police agency Europol ‘Why is cash still king?’…
EUROPEAN PARLIAMENT FACES FIGHT WITH EU COUNCIL OVER ELECTRICITY MARKET REFORM
THE EUROPEAN Union’s (EU) current Bulgarian presidency (January-July 2018) will probably face a tough challenge, when tripartite talks between the European Parliament, member states and the European Commission on electricity market reform begin this spring.
“Since early March, we have been preparing for the ‘trilogues’ [EU jargon for talks between its three main bodies], comparing the [EU] member states’ general approach reached in December with Parliament’s position, so we have documents to work on when trilogues start,” a Council spokesperson told Modern Power Systems, adding “no dates have yet been fixed” for the negotiations.…
INTERNATIONAL REGULATORY ROUND UP – US KNITWEAR EXPORTS IN FIRING LINE AS EU THREATENS RETALIATION OVER TRUMP METAL DUTIES
THE EUROPEAN Union (EU) has warned that is prepared to impose temporary safeguard duties on imports into the EU of USA-made knitwear, as it launched its reaction to the establishment of American import duties on aluminium and steel imports. EU trade Commissioner Cecilia Malmström told the European Parliament on March 22 that the preparations would continue despite the US exempting the EU from its metal duties until May 1, to allow discussions to continue.…