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ITALIAN WINE SECTOR BOOSTS QUALITY TO SEIZE EXPORTS AMIDST DECLINING DOMESTIC MARKET
BY LEE ADENDORFF, ERIC LYMAN and KEITH NUTHALL
INTRODUCTION
THE ITALIAN wine industry hit rock bottom a generation ago, when thousands of bottles of Italian wine were found laced with deadly levels of methanol, a key ingredient in antifreeze that had been used to raise the alcohol content of the wine.…
DOUBTS EMERGE OVER IMPACT OF AMERICAN HEALTHCARE REFORM ON NURSES
BY CRAIG HOWIE
GERI Jenkins has seen more than most in her 32 years as a registered nurse in California.
Recently, she said, an uninsured patient was admitted to San Diego Medical Center suffering from acute respiratory failure. Rather than demand immediate care, the desperately ill patient requested that his treatment wait for a week – until he turned 65 – when it would be paid for by the government’s medicare programme for senior citizens.…
CHINA FACES WTO DISPUTES PANEL OVER NON-FERROUS METAL EXPORT RESTRICTIONS
BY KEITH NUTHALL
CHINA has come under increased pressure to scrap export restrictions on certain key non-ferrous metals, with the World Trade Organisation (WTO) establishing a disputes panel to adjudicate complaints about these rules. With the European Union (EU) being joined by the United States and Mexico as formal parties to this dispute, the outlook could be serious for China if it loses.…
LONG-RUNNING BANANA TRADE WAR - PEACE AT LAST
BY KEITH NUTHALL
THE WORLD’S longest-running trade dispute is over: a deal on European Union (EU) banana imports has been initialled today in Geneva. The EU, Ecuador, Guatemala, Honduras, Panama, Colombia, Nicaragua, Mexico and United States have struck a long-awaited agreement.…
GLOBAL ROUND UP OF 2009 CLOTHING AND TEXTILE NEWS
BY KEITH NUTHALL
A YEAR of struggle would be the best way to sum up 2009 as far as the global clothing and textile industry is concerned. The depth and severity of the worldwide recession left many clothing and textile companies reeling, even impacting upon China, which had previously been dominating global markets.…
OIL AND GAS SECTOR STILL LEFT WITH QUESTIONS OVER EMISSIONS REDUCTIONS AFTER COPENHAGEN SUMMIT
BY KEITH NUTHALL, EMMA JACKSON and ERIC LYMAN
THE COPENHAGEN climate change conference ended on December 18 with an accord where key world economies promised to make binding agreements to cut carbon emissions. But detail on exactly how much will be settled at a later date, meaning its long term effects on the oil and gas industry are unclear.…
USA, CHINA, STRIKE ANTI-SUBSIDY DEAL ON CHINESE 'MAJOR BRANDS' DISPUTE
BY KEITH NUTHALL
THE UNITED States is claiming victory in a trade dispute with China, after Beijing announced it would scrap subsidies for products including sugar confectionery, chocolate, fruit jelly, pies, dried noodles, frozen pork, beef and mutton. Washington had argued these China-christened ‘famous brands’ handouts were export subsidies banned by the World Trade Organisation (WTO).…
Van Rompuy, Ashton appointments could boost French protectionism within Europe
By Alan Osborn, International News Services
The share-out of top jobs in the EU announced last Thursday night after weeks of political maneouvring has had an almost universally poor reception. The appointment of Mr Herman Van Rompuy, the Belgian prime minister, to be the first full-time EU president, and that of the British peer baroness Catherine Ashton to be the EU’s foreign policy chief, (both of them relative unknowns) have been widely seen as disappointments and the waste of a chance to put the EU on the world stage by appointing well-known, assertive figures.
Not everybody will see it negatively though. As the realpolitik behind these moves becomes plainer, we can see that France and Germany have done a lot better than other countries – apparently at the expense of the United Kingdom. As part of the deal to install Lady Ashton, Britain has agreed to allow Michel Barnier, a centre-right French politician, to take responsibility for the internal market in the new EU Commission next year.…
FAO BOOSTS GLOBAL GOVERNANCE FOR FOOD SECURITY ISSUES
BY KEITH NUTHALL
A UNITED Nations committee has been charged by the UN Food & Agriculture Organisation (FAO)’s with establishing a global campaign to boost food supplies. The Committee on World Food Security (CFS) will be strengthened to create and control a Global Partnership for Agriculture, Food Security and Nutrition.…
US-SOUTH KOREAN AUTO SECTORS FOCUS ON TRADE DEAL IMPASSE
BY KEITH NUTHALL and KARRYN MILLER
THE AMERICAN and South Korean auto sectors are closely watching the outcome of informal talks between their governments over removing trade barriers within the 2007 US-South Korea Free Trade Agreement, which still requires ratification. The deal was negotiated by the old Bush administration, and is now being reviewed by Obama team, ahead of any renewed ratification push in the US Congress – with the auto sector being a key focus.…