EU


China to launch national emissions trading scheme in mid-2021

China to launch national emissions trading in mid-2021 

(ATF) China is set to launch a long-awaited national carbon emissions trading scheme (ETS) online by the end of June this year, in a bid to speed up the nation’s efforts to curb pollution and help become carbon-neutral by 2060.During a visit to Hubei province and Shanghai city, Huang Runqiu, …

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EU poised to pounce next as Facebook's Aussie news spat rolls on

EU poised to pounce next as Facebook's Aussie news spat rolls on

Facebook exchanged some big punches with the Australian government this week in the ongoing row over news payments but there’s even bigger opponents waiting in the wings – the EU and the US.MEPs are already working on two landmark draft European digital regulations – the Digital Services Act (DSA) and …

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EU commits to green trade plan as Fed warns of climate change impact  

EU commits to green trade plan as Fed warns of climate change impact  

The European Union will make fighting the climate emergency central to its trade policy, push for major reform at the WTO and continue to be assertive in its dealings with the US and China, according to a new strategy revealed on Thursday.The new thinking on EU trade policy came with …

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Sustainable finance gets a big boost from green stimulus

Sustainable finance gets a big boost from green stimulus

(ATF) The coronavirus pandemic has triggered a scramble for responsible investing but has also underlined the need for vigilance against 'greenwashing' – unproven claims that a company's products are environmentally friendly.Sustainable finance bonds issued in 2020 totalled over US$544 billion – more than double issuance levels during full year 2019 …

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China grabs French and Canadian barley as pig herd grows again

China grabs French and Canadian barley as pig herd grows again

(ATF) China is scooping up millions of tonnes of barley from France and Canada that have yet to be harvested, as its appetite for animal feed grain spills over into orders for next year's crop.Chinese buying has contributed to higher prices for key crops and to food inflation worldwide as …

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Brexit shows Asia that politics and trade don’t mix and we’re better together 

Brexit shows Asia that politics and trade don’t mix and we’re better together 

Brexit is less than a month old but the UK is already paying a heavy price for its decision to quit the European Union, the world’s largest free trade area – and Asia can learn lessons from what threatens to be a monumental act of self-harm.Remainers who wanted to stay …

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A Brexit trade deal at last

A Brexit trade deal at last

LONDON: Britain clinched a Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world's biggest trading blocs in its most significant global shift since the loss of empire."Deal is done," a Downing Street source said. "We have taken back control of …

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Fresh Covid mutation triggers global travel ban from UK 

Fresh Covid mutation triggers global travel ban from UK 

(ATF) New variants of Covid reported from the UK and South Africa have led countries across the globe to shut their borders to Britain on Monday over fears about a highly infectious new coronavirus strain, causing travel chaos and raising the prospect of food shortages in the United Kingdom.The ban …

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Still angling for a Brexit deal 

Still angling for a Brexit deal 

(ATF) Hopes of a Brexit deal remained alive Tuesday as European and British leaders prepared for another day of negotiations.EU chief Ursula von der Leyen expressed satisfaction Monday, saying there was progress as talks entered the "last mile” and chief EU negotiator Michel Barnier signalled there was a "narrow path" …

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WTO fails to reach deadline to stop overfishing 

WTO fails to reach deadline to stop overfishing 

GENEVA: World Trade Organization negotiators have failed to reach a deal by a year-end deadline to cut the subsidies that have helped decimate the world's fish stocks, but will try again next year, the chairman of the talks said on Monday.The failure is a significant blow to the world's fish …

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