Tag: European Union

Thursday, September 15th 2022 - 10:31 UTC
EU parliament bans products linked to deforestation and violation of indigenous peoples' human rights

European Union lawmakers have backed a proposal for a law that would ban the sale in the 27-nation bloc of agriculture products linked to the destruction of forests, and human rights violations. The bill was supported by 453 votes, to 57 with 123 abstentions. The EU Parliament will now start negotiations on the final text with EU member states.
Thursday, September 15th 2022 - 10:22 UTC
EU Court confirms antitrust ruling against Google, and a fine of €4.125 billion

The European Union’s General Court on Wednesday confirmed an antitrust ruling against Google’s for dominance of its search engine, but reduced the fine to 4.125 billion Euros (US$ 4.12 billion) from 4.34 billion Euros.
Tuesday, September 6th 2022 - 09:58 UTC
Uruguayan FM off to brokering Mercosur deal approval with EU

Uruguayan Foreign Minister Francisco Bustillo is off on a European tour seeking to further develop his country's trade ties as the last inflation index showed the government of President Luis Lacalle Pou was already above its 2022 targets.
Monday, August 22nd 2022 - 09:27 UTC
While Tories look for a leader, UK hit by strikes: Felixstowe closed for eight days

On September 5, hopefully the conservative party will have a new leader and the British government should be back on track, leaving aside Boris Johnson. However, in the meantime prices of food and energy have soared and the country is under stress from a raft of industrial actions, the latest of which Felixstowe, Britain's largest container port, with staff walking out of their jobs for an 8-day strike on Sunday demanding better pay to meet the cost of living.
Thursday, August 18th 2022 - 20:45 UTC
EU working to stop Russian, Chinese expansion in Latin America

The European Union has noticed of Russia's and China's advancements in Latin America and is devising a series of measures to counter those effects and avoid losing its traditional partners, it was reported.
Friday, July 29th 2022 - 19:02 UTC
Brazilian steel exports to the EU soar 830% in five months because of the Ukraine war

Brazilian steel industry sales have ballooned since the start of the war in Ukraine sparked by the Russian invasion of its territory, which began in February. According to Steel Institute data, shipments of the metal raw material to the European Union increased by more than 830% in the first five months of this year, y-to-y, coinciding with the period of warfare in Eastern Europe.
Monday, July 25th 2022 - 23:20 UTC
EU okays monkeypox vaccine already in use in the US

The Danish pharmaceutical company Bavarian Nordic Monday received the green light from the European Commission to use the Imvanex vaccine against monkeypox in the European Union, as well as in Iceland, Liechtenstein, and Norway.
Wednesday, July 20th 2022 - 10:39 UTC
EU eyes CELAC for food; Mercosur “a more complicated issue”

Josep Borrell, the European Union's top diplomat, has said Latin America would host a CELAC meeting sometime next year, but admitted that ratifying the 2019 trade agreement with Mercosur was “a more complicated issue.”
Monday, July 11th 2022 - 10:05 UTC
Europe divided over “greenwashing” gas and nuclear energy, but parliament ready to support the bill

For the European Parliament natural gas and nuclear power plants have been designated as climate-friendly investments. The European Commission released the proposal, formally called the EU taxonomy, in December as a list of economic activities that investors can label and market as green in the EU.
Thursday, July 7th 2022 - 09:54 UTC
European Union gets tough on trade affecting “deforestation and forest degradation”

The European Council, the body that sets the political agenda of the European Union (EU), agreed on a proposal to limit the entry and trade of commodities where production has contributed to “deforestation or forest degradation” worldwide.