Search Results for: Turkey

THE ARAB Spring may have increased short-term doubts about the political stability of Europe’s southern and eastern Mediterranean neighbours, but the long-term case for energy cooperation between these regions is surely unarguable.

Europe needs more energy than it can generate, and it has (for the time being at least) money to buy energy from north Africa and the Levant.…

SUMMER 2013 marks an important milestone in the evolution of the European Union (EU) regulatory framework and financial support for Trans-European Energy Networks (TEN-E) that will contribute towards the European Commission’s goal of a single-energy market for gas and electricity. Oil and carbon dioxide (CO2) transport from carbon capture and storage systems also figure in the picture.…

INDIA’S technical textile industry is encountering some serious obstacles as it tries to meet its government’s ambitious expansion targets, but optimism still prevails.

“Technical textile usage in the country is only 10-15% of total textiles,” said Shashi Singh, executive director of the India Technical Textile Association, “But India is a big market and we are creating awareness about this nascent industry.”…

The European Bank for Reconstruction & Development (EBRD) has drafted plans to promote the use of pre-baked technology in aluminium smelter electrolysis units through a possible USD50 million loan to Turkey’s only liquid aluminium manufacturer Eti Aluminyum. The money would help modernise the company’s aluminium smelter plant located in Konya, in south-central Anatolia, by converting the existing Soderberg electrolysis technology to proven prebaked anode technology.…

THE EVER-CHANGING sourcing equation is a challenge to the global garment and textile industry supply chain. There is talk of moving production back home to western countries – bringing it closer to market- but its viability is being questioned. Meanwhile in Asia, where the majority of clothes are currently produced worldwide, the sourcing landscape is changing, experts say.…

IT is a long way from China, east Asia and south Asia to the key developed world markets or Europe and America. And with fashion being so dynamic, demand for a line could have dampened in the months between placing an order and receiving delivery.…

The latest financial crisis to hit the Eurozone – hitting the diplomatically-recognised portion of Cyprus – is perhaps a case study in how to mismanage a banking-reliant economy and of how the international community can err when applying a fix.

As Accounting & Business went to press, the divided Mediterranean island was faced with the prospect of having to stop all government payments unless fresh money pours in by April 24.…

EUROPEAN Union (EU) member states have suffered unevenly from Russia’s ban on EU food exports from last August, according to European Commission data.
While Finnish and Estonian extra-EU food and drink exports fell sharply in August-November 2014 compared to the same period in 2013 (32% and 22% down respectively), other EU food exporters saw only moderate falls in such sales, or even gains.…

A REGULATION aimed at ensuring the rollout of broadband networks across the European Union (EU) is achieved more cheaply and swiftly has been proposed by the European Commission. It tries to force member states to ensure new buildings are broadband ready, while telling incumbent telcos to give access to their physical networks to broadband service providers.…

IRAN is under sanctions from the United States, the European Union (EU) and the United Nations, and last year the US tightened the screws even more. As President Barack Obama said following his re-election in November, 2012: “We’ve imposed the toughest sanctions in history.”…