Author's posts
Sep 21
Oil futures rise
Sep 21
European commission called on probe after CRIIGEN study links GM maize and Roundup to premature death and cancer
The Austrian government calls on the European Commission to review its approval process for genetically modified (GM) food after a controversial French study linked a kind of GM corn to higher health risks in rats. In a study published in Food and Chemical Toxicology, researchers led by Professor Gilles-Eric Seralini of the University of Caen have …
Sep 21
The future of FIAT and the past of State aids
A prophecy in 2004, from a friend to Curzio Maltese about Mr. Marchionne the freshly appointed CEO at FIAT, said: “this is the man who will destroy the automotive industry in Italy”. The prophecy comes true, but most of policy makers and journalists show great surprise after years of lauds. 7.6 billion euro State aids …
Sep 19
Emilia Romagna to get record aid from EU Solidarity Fund after two hearthquakes in May
It is the biggest EU aid allocation since the Fund was set up in 2002, and will “help this highly productive region get back on its feet,” said on Wednesday Johannes Hahn, EC Commissioner for Regional Policy to ANSA. The EU Solidarity Fund grants aid of up to 1bn euro a year to EU member …
Sep 15
Increase of land with protected state required in the world
Land and waters protection should raise to 17% and 10% respectively by the end of this decade, according to a report by the United Nations environment programme (Unep) and others, published at the 2012 edition of the World Conservation Congress. An area more than twice the size of Argentina would have to be designated on …
Sep 14
Germany’s halt to €5tn bank guarantee idea
An ambitious blueprint to guarantee the whole amount of deposits in eurozone banks have been stopped by German objections, Financial Times revealed today. EU officials agreed a eurozone banking union with regulation and control shifted to Brussels, and the guarantee over deposits was intended as a first move in that direction. In the first drafts …