Weak consumption in the People’s Republic of China will partly offset robust domestic demand in South Asia. Disinflation is expected to continue, driven by lower food and energy prices, along with the lagged effects of previous monetary policy tightening. The region’s high-income technology exporters remain a bright spot, benefiting from …
The Czech Republic aims to increase the share of nuclear power in its energy mix even as neighboring Germany plans to shut down all of its atomic plants and prices of European electricity hover close to all-time lows. The country’s new energy strategy categorizes nuclear power as “crucial” for preserving …
Climate change is likely to worsen floods on rivers such as the Ganges, the Nile and the Amazon this century while a few, including the now-inundated Danube, may become less prone, a Japanese-led scientific study said on Sunday. The findings will go some way to help countries prepare for deluges …
Dresden (Germany): Central Europe’s worst floods in over a decade claimed a 12th victim on Wednesday as torrents of muddy water surged down swollen rivers through the Czech Republic and into Germany, flooding villages and forcing mass evacuations. The huge volumes of water from heavy spring rains coming down the …
One of the notable details of Monday's landmark ruling to ban the use of some neonicotinoid pesticides across the European Union was Germany's vote in favour. Germany hosts chemical giant Bayer, which makes the most widely used neonicotinoid, but switched from its previous abstention. This move was entirely in line …
Samples exceeded the US FDA provisional total tolerable intake levels Agriculture officials in the country have been surprised to hear that samples of rice exported to the United States from Bhutan contain harmful levels of lead. The research, led by Dr Tsanangurayi Tongesayi of Monmouth University in New Jersey, analysed …
Afforestation, planting trees in an area where there have previously been no trees, can reduce the effect of climate change by cooling temperate regions, finds a study in BioMed Central's open access journal Carbon Balance and Management. Afforestation would lead to cooler and wetter summers by the end of this …
Germany and six other EU nations hold the key to the decision on a rescue plan for the world's biggest carbon market after prices slumped due to record oversupply, three EU officials with knowledge of the matter said. The EU proposal to help emission prices rebound from all- time lows …
An audit has found that EU-funded energy efficiency projects are not cost-effective in EU member states. The projects examined by the Court of Auditors were in the Czech Republic, Italy and Lithuania. Those countries received the most EU funding for such projects in 2007-2013. National authorities used the funds to …
The European Commission has approved state aid of 1.88 billion euros for the Czech Republic and 56 million euros for Hungary in the form of free carbon allowances, it said on Wednesday. Stating the grants were within EU state aid rules, the Commission said the money would be used to …
One in six people in the European Union (EU) are at risk of poverty, the Executive Director of the Austrian Association for Policy Consulting and Development (OeGPP) said Monday. Andreas Hoeferl made the comments during a presentation for a study titled "Poverty in the European Union," where he said in …
The Czech parliament's lower house approved a law on Wednesday setting rules for the allocation of carbon allowances to companies in 2013-2020, using an exception from full auctioning negotiated by some EU countries to protect their industries. The bill could however be delayed by the possible veto of President Vaclav …
The government has allowed 100 per cent FDI in brownfield pharmaceutical projects. To encourage the needed foreign investment in the sector, the finance ministry has cleared eight projects worth over Rs 1,800 crore putting in only conditions like minimum investment in R&D; for investors to comply with. The approval puts …
The Sindh government has signed a memorandum of understanding with a Czech Republic company, WIKOV Wind, for the generation of 50 megawatts of electricity at the so-called wind corridor in Gharo-Jhimpir in Thatta district. The MoU was signed by Sindh Board of Investment director general Mohammed Riazuddin and Czech Republic …
Vermont will be the first state to outlaw a controversial oil and gas drilling method known as fracking when Governor Peter Shumlin signs a bill banning the practice, a largely symbolic move given the state's apparent lack of energy reserves. Hydraulic fracturing has helped companies tap potentially decades of gas …
The Czech Environment Ministry is planning to put up to a two-year moratorium on granting licenses for shale gas exploration until new legislation is put in place, the ministry said. During the moratorium, the ministry would look at preparing geological and mining legislation that is clear for potential exploration companies. …
The United States remained the primary backer of biotech crop technology in 2011, but adoption spread internationally as the total global planted area of genetically modified seeds grew 8 percent from a year ago, according to a report issued Tuesday. Roughly 160 million hectares, or 395.2 million acres, were planted …
Slovakia's four nuclear reactors have passed so-called stress tests against potential severe accidents, earthquakes, floods and other extreme events, the country's nuclear regulator reported on Tuesday. The analysis followed Japan's Fukushima disaster in March 2011 which spurred the European Union to mandate safety tests of the European Union's 143 reactors. …
Due to increasing costs of production, a slowed demand for electricity, and fresh memories of disaster in Japan, production of nuclear power fell in 2011, according to the latest Vital Signs Online (VSO) report from the Worldwatch Institute. Despite reaching record levels the previous year, global installed nuclear capacity—the potential …
The nuclear radiation detected in some parts of Europe that were earlier supposed to be coming from Karachi Nuclear Power Plant (Kanupp), might have emitted from Hungry, according to the information received by International Atomic Energy Agency (IAEA) from the Hungarian Atomic Energy Authority (HAEA). Well-placed sources told Business Recorder …
The Coal Minister Mr Sriprakash Jaiswal met visiting Minister of Industry and Trade of the Czech Republic Mr. Martin Kocourek here on Tuesday. The issues discussed include the scope for technical cooperation in the development of coal mining in India, particularly underground mines, Government officials said. The delegation from the …
