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Politics : Page 1113

IMF: Germany shouldn't be too fast
GermanyAugust 7, 2013 ET
The International Monetary Fund (IMF) warned Germany against being overly ambitious in consolidating its budget. IMF keeps its forecast for 0.3% German growth this year and says it welcomes Berlin's modest loosening of fiscal policy.
EU action: 1bn euros worth of fake goods detained
Fake goodsAugust 7, 2013 ET
EU Customs detained almost 40 million products suspected of violating intellectual property rights (IPR) in 2012, according to the Commission's annual report on customs actions to enforce IPR.
Africa wants special status with EU
AfricaAugust 6, 2013 ET
African regions should refrain from signing the economic partnership agreements (EPAs) with the EU until the next Africa-EU Summit, said Tanzania's ambassador to the EU Diodorus Kamala during an EPA Negotiations Coordination Meeting.
Ghana to reach timber deal with Cameroon
Ghana timberAugust 6, 2013 ET
Government of Ghana is near the finale with a bilateral agreement with Cameroon to enable timber contractors import timber from that country.
Pakistan halts gold import
GoldAugust 6, 2013 ET
The Pakistan's Economic Coordination Committee (ECC) announced a ban on gold imports for one month because of surging import volumes and rising smuggling to India.
South Korea worried about Obama iPhone decision
iPhoneAugust 6, 2013 ET
The South Korean government expressed concerns about the decision by the United States to overrule a sales ban of Apple iPhones and iPad.
Australia budget deficit to reach $30 billion
AustraliaAugust 5, 2013 ET
Australia will report a budget deficit of $30.1 billion for the fiscal year, almost 100% more than its May estimate of $18 billion.
AGOA wants more support from the United States
AGOAAugust 5, 2013 ET
The African Ambassadors AGOA Working Group released their report of recommendations for the reauthorization of the African Growth and Opportunity Act (AGOA).
China halted imports of milk powder from New Zealand and Australia
FonterraAugust 5, 2013 ET
China has halted imports of all milk powder from New Zealand and Australia, after bacteria that can cause botulism was found in some dairy products.
Brazil passes strict law on bribing
Dilma RousseffAugust 5, 2013 ET
The new Brazilian law, to take effect in six months, says that companies found guilty of bribery will face fines of up to 20% of their gross annual revenue for the previous year or up to 60 million Reais ($26.22m).
Brazil and Pakistan introduced multiple entry business visa regime
Brazil PakistanAugust 2, 2013 ET
The Ambassador of Brazil to Pakistan Alfredo Leoni announced the grant of five-year multiple entry visa for Pakistani businessmen going to Brazil.
Singapore wants more flights to India
SingaporeAugust 2, 2013 ET
Singapore wants India to begin negotiating for a full air transport agreement. Better air connectivity could open up more possibilities for business activity.

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