UK reveals hand with stablecoin announcement, Hungarian national elections, and more

UK reveals hand with stablecoin announcement

By Lewis McLellan

The UK is setting itself up as a ‘global cryptoasset technology hub’, but what does this really mean? On 4 April, the government announced plans to bring stablecoins within regulation to pave the way for their use in the UK as a valid form of payment. 

Chancellor of the Exchequer Rishi Sunak no doubt hopes that, thanks to his announcement, the UK will compare favourably with the European Union as an attractive destination for companies...

https://allaboutshipping.co.uk/2022/04/08/uk-reveals-hand-with-stablecoin-announcement-hungarian-national-elections-and-more/

German election results put Europe and climate change centre stage

German election results put Europe and climate change centre stage

Monday 27 September 2021 – Vol.12 Ed.39.1

Commentary: Germany heads for pro-European centrism in complex post-Merkel switch

By David Marsh in Berlin

Germany will form a pro-European centrist government with stronger spending and investment to fight climate change and near-certain Greens’ participation. The next chancellor will be conservative Armin Laschet or Olaf Scholz, Social Democrat finance minister. For the first time in 60...

https://allaboutshipping.co.uk/2021/09/27/german-election-results-put-europe-and-climate-change-centre-stage/

German firms embrace sustainability measures, central banks buck trend

German firms embrace sustainability measures, central banks buck trend

Friday 18 June 2021 – Vol.12 Ed.24.5

Report: German companies back Brussels climate mitigation policy

German companies are embracing European Commission plans for a sustainable economy. That is the message of an OMFIF survey on sustainability challenges for large companies in Germany. The study encompasses the views of 104 unlisted and 32 listed enterprises. The survey is the first significant effort in Europe to gauge...

https://allaboutshipping.co.uk/2021/06/18/german-firms-embrace-sustainability-measures-central-banks-buck-trend/

Hungary will Participate In Clinical Trials of Sputnik V vaccine

According to an article Published in Reuters some 3,000 to 5,000 Hungarians could participate in clinical trials of Russia’s Sputnik V vaccine against COVID-19.

Ignoring EU Rules

Hungary’s plans to conduct trials of and possibly produce the Russian vaccine, an unprecedented step for an EU member state, have added to existing frictions with Brussels.

EMA Comments

“Under EU rules, Sputnik V must be authorised by the European Medicines Agency (EMA) before it can be marketed in any state of the...

https://mfame.guru/hungary-will-participate-in-clinical-trials-of-sputnik-v-vaccine/

GLOBAL & REGIONAL DAILY (Friday, 27 September 2019)

GLOBAL & REGIONAL DAILY (Friday, 27 September 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

September 27, 2019

Global Markets

The USD retained a firm tone across the board, pushing the EUR/USD to a fresh year-to-day low close to 1.09. Meanwhile, US stock futures are struggling for traction on news over the possible impeachment procedure against the US President. Today’s key data releases include core PCE, the Fed’s preferred measure of inflation and personal income for the month of August.

Greece

The...

http://www.allaboutshipping.co.uk/2019/09/27/global-regional-daily-friday-27-september-2019/

Hungary: Trade surplus revised down in Feb

In February 2019, the volume of exports was up 6.5% and that of imports 6.6% higher than in February 2018, shows a second reading of external goods trade data from the Central Statistical Office (KSH). The surplus was EUR 816 million, EUR 26 mln less than one year earlier.

In the first reading, published on April 8, the KSH had put the surplus at EUR 891 mln.

In terms of value, exports rose 6.2% to EUR 9.058 bln in February, while imports rose 7.3% to EUR 8.242 bln. Both growth rates were revised...

https://container-news.com/hungary-trade-surplus-revised-down-feb/

Increased flows create new potentials

Traffic flows between the Belgian port of Antwerp and the hinterland market in Hungary and Austria are increasing continuously. In order to meet the growing demand, the Antwerp Port Authority is promoting the expansion of hinterland connections, especially by rail. Two regular rail connections to Hungary have been established since 2015 and rail services to Austria have been expanded from one to currently three. At a port event held near Vienna on 27 September, leading representatives of the...

http://container-news.com/increased-flows-create-new-potentials/