Recent spikes in staple food prices resulting from the invasion of Ukraine have once again highlighted the difficulty faced by low-income countries that rely on imports for a substantial portion of their food supply. To better understand which countries are most affected by higher world food prices, we propose a …
Growth rebounded significantly due to strong industrial recovery aided by growth in investment and exports. Capital flows are back, signaling growing investor confidence, as inflation has moderated from double digits, exchange rate has stabilized, and financial sector stress has plateaued. Monetary policy continuity has been maintained and there has been …
The United States has notified the other 163 members of the World Trade Organization that it is considering putting emergency "safeguard" tariffs on imported solar cells, according to a WTO filing published on Monday. The move raises the stakes in a global battle to dominate the solar power industry, which …
This paper assesses impacts of Vietnam’s participation in the Regional Comprehensive Economic Partnership on its oil import. Based on a partial equilibrium analysis and gravity regression framework, it is clear that potential tariff elimination according to commitments as expected in RCEP is going to boost import volume of oil products …
The Nigerian National Petroleum Corporation has unveiled plans to exit importation of petroleum products by 20I9. Group Managing Director, Dr. Maikanti Kacalla Baru, made this known while fielding questions from journalists on the sidelines of the ongoing Offshore Technology Conference (OTC) in Houston, United States, yesterday. Baru who was represented …
Coal imports into the country are unlikely to rise, thanks to a surge in domestic coal production, but the demand for coal from new thermal power plants is likely to taper off after five years and leave some coal mining assets stranded, according to a report released on Thursday by …
Judgement of the Supreme Court of India in the matter of Prayas (Energy Group) Vs Central Electricity Regulatory Commission & Others dated 11/04/2017 regarding Adani Enterprises Consortium seeking a hike in power tariffs due to “unprecedented and unforeseen” escalation in the price of coal imported from Indonesia. CASE HISTORY & …
AgroNigeria, Nigeria’s frontline agribusiness online portal is hosting the Feed Nigeria Summit and agricultural awards to promote productivity in the sector and enhance economic growth. Nigeria has, in recent times, witnessed a spike in agricultural interest. This is understandable, given the fact that receding economic numbers have brought home jolting …
As debate about lifting a ban on coal imports split Egypt’s cabinet, an ultimately unsuccessful anti-coal campaign energized Egypt’s nascent environmental movement. In post-revolution Egypt, a fierce fight over coal imports In the wake of the 2011 revolution, persistent energy shortages prompted Egypt's government to consider overturning a long-standing ban …
Kenya is withholding approval for field trials of genetically-modified corn because some officials argue that a ban on GMO imports applies to controlled growing tests as well, according to a person familiar with the deliberations. Talks involving representatives from the health and environment ministries and the National Biosafety Authority reached …
Casablanca – Morocco’s imports of wheat from Russia has increased by 300 percent over the last season, indicating a new level of economic cooperation between Morocco and Russia. Morocco’s importation of wheat quadrupled during the previous season. This increase was due primarily to the poor agricultural year 2015-2016 which resulted …
As the energy system becomes more globalised and interconnected, gas security challenges are evolving. The current period of gas oversupply – driven by overcapacity in the LNG market – should not overshadow the critical importance of global gas security. The Global Gas Security Review 2016, the first edition of a …
India plans to more than double its liquefied natural gas (LNG) annual import capacity to 50 million tonnes in the next few years, Petroleum Minister Dharmendra Pradhan said on Thursday. "We currently have LNG import and regassification capacity of 21 million tonnes. We plan to raise this to 50 million …
In the aftermath of the Welspun controversy, Business Standard gets deeper into the issue of global scrutiny facing Indian businesses across key sectors, in a three-part series. Today, we look at the An average of the first eight months of 2016 puts India's tally of rejects at 220, second after …
The international coal lobby seems to be jittery with India’s green energy ambition with coal experts like Gerard McCloskey, founder of Merlin Consultant, Rodrigo Echeverri of Nobel Resources, Gareth Carpenter of Platts International, Howard Glatiss of Coal Marketing Company, Colombia and even Partha S Bhattacharyya, former Coal India chairman, sharing …
Secretary, Union Ministry of Coal , Anil Swarup took pride in the two-year journey of Coal India Limited saying that the growth of CIL in a short span of two years has been unprecedented in the entire world. He said, "Two years before, we would have coal stock for four-five …
New regulations have been passed to prevent the import of pesticides that could harm consumers and the environment. The Ministry of Climate Change and Environment adopted seven new measures to register and import types of pesticides. They are mandatory for pesticide companies in the UAE and go into effect at …
Country is world's second largest consumer of plastic bags after US, reports Al Jazeera. Morocco has banned the production and use of plastic bags, with many shops and street sellers across the country having reportedly stocked-up last week ahead of the legislation coming into force on July 1, reports Al …
Investments to the tune of more than Rs 10 lakh crore would be required in coal mining and allied sectors like power, steel and cement to achieve the target of 1.5 billion tonnes of coal production by 2019-20, according to a report. India has set an ambitious target of 1.5 …
Aizawl/Agartala: The Porcine Reproductive and Respiratory Syndrome (PRRS) disease which has so far killed at least 3,500 pigs in Mizoram has largely been contained, officials said in Aizawl on Wednesday. The Tripura government’s animal resource development department (ARDD) also sounded an alert in the villages and government farms along the …
A Mexican federal judge banned the entry of fresh potatoes from the United States amid concerns that pests they contain may damage the environment, Mexico's Federal Judicial Council (CJF) said on Tuesday. The judge, based in Los Mochis in the northern, potato-producing state of Sinaloa, held that measures taken by …
