Finance & Economics
US, Cuba Resume Direct Maritime Shipments
Direct maritime shipments from Miami to Cuba resumed Friday for the first time in half a century.
The shipments included items from authorized religious groups, charitable organizations and individuals sending packages to family and friends on the island.
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Russia should reject recriminalizing libel, says OSCE media freedom representative
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Optech to deliver state-of-the-art airborne lidar and thermal imaging solution to Bluesky
Optech is to announce that aerial surveying company Bluesky International has purchased a state-of-the-art airborne mapping system, which includes an ALTM lidar sensor as well as a fully integrated long-wave infrared thermal sensor and high-resolution ortho camera. The system combines the Optech Orion M300 ALTM with Optech's CM-LWIR640 and CS-10000 cameras.
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Pensions and youth employment: EESC seeks a delicate balance
On Thursday 12 July, the European Economic and Social Committee adopted two opinions on sensitive topics that are at the heart of the debate across Europe: the future of the pension systems and employment for young people. In both cases, the Committee reached a compromise solution and thus established its position for the future debate on two issues that are so vital to the idea of social Europe.
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Review of the international role of the euro
The European Central Bank (ECB) publishes today its report on “The international role of the euro”, which examines developments in the use of the euro by non-euro area residents during the year 2011.
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Statement by the EC, ECB, and IMF on the Review Mission to Ireland
Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during 3-12 July for the seventh review of the government’s economic programme. Ireland’s policy implementation remains on track despite challenging macroeconomic conditions. In line with the conclusions of the euro area summit statement of 29 June, EC/ECB/IMF teams are discussing with the authorities possible technical solutions to further improve the sustainability of its well-performing adjustment programme. The EC and IMF missions will seek approval for the completion of this review from the relevant EU bodies and the IMF Executive Board respectively.
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EU aid worth €7.8 million for redundant Danish shipbuilders and Spanish builders
Over €7.8 million in EU aid to help unemployed workers in Denmark and Spain to retrain and find new work was approved by the Budgets Committee on Thursday. The money would come from the European Globalisation Adjustment Fund (EGF).
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Europe in the slow lane on car efficiency standards
The European Commission has confirmed a previously agreed target of 95 grammes of CO2 per kilometre (or about 3.7 litres of fuel per 100km) for the average passenger car sold in Europe in 2020. This follows a target of 130g CO2/km in 2015, which carmakers are expected to reach ahead of time.
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Northern France Rails into INNOTRANS 2012
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Statement by the EC, ECB, and IMF on the Review Mission to Ireland
Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during 3-12 July for the seventh review of the government’s economic program. Ireland’s policy implementation remains on track despite challenging macroeconomic conditions. In line with the conclusions of the euro area summit statement of 29 June, EC/ECB/IMF teams are discussing with the authorities possible technical solutions to further improve the sustainability of its well-performing adjustment program. The EC and IMF missions will seek approval for the completion of this review from the relevant EU bodies and the IMF Executive Board respectively.
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