Argentina on Thursday officially lodged a dispute against US restrictions on imports of Argentinean beef and other meat products, the World Trade Organization (WTO) said on Friday.
The European Union threatened on Wednesday to impose tariffs on bio-diesel imported from Argentina and also Indonesia. The announcement was made today on the bloc’s Official Gazette.
The Atlanta based Carter Centre said this week that it declined an invitation from Venezuela's National Electoral Council to have a team at the country's Oct. 7 presidential election. The Centre said it received the invitation too late ”to evaluate it and organize the necessary experts and financing”.
Sunflower seed production in the European Union, Ukraine and Russia will drop 11.7% to a total of 24.82 million tons this year, from 28.12 million tons a year ago, Hamburg-based oilseed analyst Oil World said on Tuesday.
A top official from the European Commission was particularly critical of the credit risk rating agencies in their handling of the Euro crisis and Germany brushed aside the latest rating agencies announcement saying the country is in a very sound economic and financial situation.
The Euro zone will have to get powers to limit the debt issuance of its members, intervene in national budgets and change national policies to build a deeper economic union, ECB Executive Board Member Joerg Asmussen said.
British Prime minister David Cameron has indicated that a referendum on the United Kingdom’s conditions of European Union membership is increasingly likely, but ruled out one that offers voters a straight “in or out” choice.
As expected, more than two-thirds of the lawmakers in Germany's parliament moved on Friday to approve the permanent Euro rescue fund, the European Stability Mechanism, and a fiscal pact long championed by Chancellor Angela Merkel.
The European Union will soon move forward with a financial transaction tax (FTT), European Commission President Jose Manuel Barroso said Monday, as he also spoke in favour of Euro-bonds.
European Union governments would be able to suspend passport-free travel in parts of Europe for as long as two years under regulations proposed on Thursday to address concerns over large-scale immigration.