Trade

Trade and development report update: April 2024

The report forecasts global economic growth to 2.6% in 2024, barely above the 2.5% threshold commonly associated with a recessionary phase. The report says the prevailing focus on inflation overshadows urgent issues like trade disruptions, climate change and rising inequalities. It advocates for structural reforms and coordinated global efforts, proposing …

Threatening trade

many medicinal plants species in Meghalaya and other north-eastern states are on the verge of extinction because of uncontrolled and illegal trade. This was stated in a recent report of the Trade Records Analysis of flora and Fauna in Commerce , India. The report also recommended that Coptis teeta and …

Tobacco fight

a multi-billion dollar civil lawsuit is going to be filed against the us tobacco companies by the European Commission. The commission alleged that it has lost tax revenue worth billions of dollars because of the us cigarettes being illegally sold in Europe. The commission says it has got evidence to …

Toxic mall

at a time when many countries worldwide are phasing out use of plastics or cracking down on its trade, the Delhi Development Authority ( dda ) has

Stakeholders meet

a medicinal plant stakeholders meeting was organised by Trade Record and Analysis of Flora and Fauna In Commerce ( traffic ) India, on 6-7 November, 2000. Trade-related issues of medicinal plants were discussed during the meeting. Speaking at the inauguration, Shailaja Chandra, secretary of the department of Indian systems of …

Victory against all odds

anti-dumping duties imposed on India by the European Union (eu) have been declared inconsistent with free trade rules, by the World Trade Organisation (wto). Starting from 1997, eu had imposed anti-dumping duties on imports of cotton bed linen from Egypt, Pakistan and India. "eu should formulate its trade policies in …

Sanctions due to whaling

japanese whale hunting is undermining international efforts to protect endangered whale species, according to the us . Consequently, the Clinton administration is planning to impose economic sanctions on Japan. The us officials said that Japanese fishing fleets would not be allowed to operate within 320 kilometres of the us Exclusive …

Perilous pesticides

Despite international restrictions on its extensive use, pesticide trade has touched a new high. In 1998, world exports stood at US $11.4 billion, an increase of 5.4 per cent over 1997. Around 85-90 per cent of pesticides applied agriculturally never reach target organisms, but disperse through the air, soil and …

CFCs black market

international efforts to restore the ozone layer are being threatened by a flourishing black market of chlorofluorocarbons (cfcs), said Paul Frasier, senior principal research scientist with the Council for Scientific and Industrial Research Organisation of Australia. According to him, the smuggling is being done on a small scale, but it …

SOUTH AFRICA

Toxic waste from the Thor Chemicals' mercury processing plant is contaminating the groundwater in KwaZulu-Natal, according to the environment justice networking forum (EJNF) of South Africa. The plant treats and stores toxic waste imported from developed countries in Europe and elsewhere. The state department of environmental affairs and tourism took …

Nothing left to catch

In recent times there has been an alarming trend: that of feeding ocean-caught fish to farmed fish. It takes five pounds of ocean fish to produce one pound of farmed fish, therefore putting an immense strain on the population of ocean fish. Going by the steadily decimating fish stocks in …

Agreement with Nepal

india and Nepal have decided to work more closely towards taming the numerous rivers originating from Nepal and passing through India to control annual flooding of the Indo-Gangetic plains. Termed as

For a cleaner world

the last 15 years have seen a virtual explosion of intergovernmental negotiations to formulate global environmental treaties. This ecological globalisation is the result of the ongoing process of economic growth and globalisation which has linked the world's economies and now threatens to overuse the world's ecological systems to fulfill national …

Fighting it out

for a majority of Orissa's 22.21 per cent of population that is tribal and traditionally depends on the forest, the collection of minor forest produce ( mfp ) is a vital economic activity. The main occupation for 15 per cent of the tribal people in Orissa, it is a subsidiary …

J&K against shahtoosh ban

the Jammu and Kashmir government severely criticised the worldwide ban on shahtoosh shawls saying it is "a deliberate attempt at discrimination against over 2,000 people of the state whose livelihood is totally dependent on this trade.' Minister for industries Mustafa Kamal said that there was no specific evidence that the …

Surviving on trade

Developing nations are increasingly and comparatively more dependent on international trade than the developed countries. The past two decades have seen more nations joining the World Trade Organisation (WTO) to streamline their trade prospects in the global market and maximise on the profits. Trade now accounts for 50 per cent …

NEW HEAVEN

A recent study has revealed that Nepal has emerged as a major transit point for trade in wildlife parts for traffickers from the Tibetan region of China, as well as India. The report claims that parts from endangered animals like the Royal Bengal tiger, elephants, one-horned rhinoceros, Tibetan antelopes, musk …

Clean fuel cars

cars and trucks that run on a combination of electricity and other fuels

Radioactive nickel

the us energy department is abandoning plans to sell its surplus stock of nickel, mainly leftovers from nuclear weapons manufacture, for fears that it may be too radioactive to sell on the open market. In August 1997, the departmenthad announced that it would sell6,000 tonnes of nickel in late 2000, …

United Nations

Cultivation of tobacco, taxation, advertising and Internet trade were the main issues under discussion at the international conference on Framework Convention on Tobacco Control (FCTC) held in New Delhi under the aegis of the World Health Organization (WHO). The FCTC is a legal framework being prepared by the WHO for …

Dealing with waste

despite measures, hazardous waste generation continues to grow at the global level. This feeling was echoed by member states on the occasion of the 10th anniversary of the Basel Convention, dealing with the generation and trafficking of hazardous waste, held in Switzerland in the first week of December. In their …

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