#STOPTTIP ‘ Over 2-Million Europeans sign Petition over Agreement between EU & US ‘

#AceFinanceNews – Featured Report:MOSCOW:June.08: More than 2 million Europeans have signed a petition against the controversial free trade agreement between the European Union and the United States, which critics say benefits big corporations, not citizens.

TTIP Protesters call Agreement a Trojan Horse'
TTIP Protesters call Agreement a Trojan Horse’

The Stop TTIP activists originally planned to reach the 2-million threshold by October 2015.

The European Commission is scheduled to vote on the TTIP resolution on Wednesday.

Last month, campaigners called on the European Union to vote down the investor-state dispute settlement, which has been their major concern in the draft deal as they say it favors foreign investors.

Anti-TTIP activists have repeatedly pointed out that the deal was negotiated in notable secrecy, without due government or expert oversight.

The Stop TTIP group also opposes a free trade deal with Canada, known as the Comprehensive Economic Trade Agreement.

@AceFinanceNews

#albania, #brussels, #european-commission, #european-union, #greece, #italy, #member-state-of-the-european-union, #refugee, #ukraine

BRUSSELS: Landmark Ruling Against Mastercard After 20-Years of Payment Fees ‘

#AceFinanceNews – BRUSSELS – September 12 – Mastercard has lost its legal battle with the European Commission over payment fees following a ruling by the European Court of Justice.

Master Card loses 20 Year Battle over Payment Fees - 2014-09-11T115146Z_1_LYNXMPEA8A0JJ_RTROPTP_3_MASTERCARD_original

The verdict on Thursday (11 September) threw out the firm’s appeal against a commission decision dating back to 2007, in which the EU executive ordered Mastercard to repeal its cross-border card fees.

The fees – known as “multilateral interchange fees (MIFs)” – are paid between the banks of a retailer and customer every time someone pays for items by card. The fee is charged to the retailer’s bank who, in turn, normally factors it into the price paid by consumers.

At present, average fees range from around 0.2 percent in Denmark and the Netherlands, to over 1 percent in Germany, Hungary, and Poland, raking in around €6 billion per year to credit card giants across the bloc.

In its judgement, the EU court found that the fee structure could not be described as being “objectively necessary” as the system was “still capable of functioning without those fees.”

There was also an “absence of … appreciable objective advantages” to either retailers or consumers from the system.

The court ruling comes more than 20 years after the commission originally launched proceedings against Mastercard in 1992.

Antoine Colombini, the Commission competition spokesman, described the ruling as “a big win for European consumers who for too long have been paying unjustifiably hidden fees”.

Javier Perez, the president of Mastercard Europe said it would have “little or no impact on how MasterCard operates,” although he conceded that it was “disappointing”.

But the ruling was welcomed by consumer and retail groups.

Source: 

#AFN2014

#acefiinancenews, #brussels, #credit-card, #cross-border, #denmark, #european-commission, #european-court-of-justice, #germany, #hungary, #multi-interchangeable-feesmifs, #netherlands, #payment-fees, #poland

` EU Commissioner Urges first Tripartite Meeting with Russia and Ukraine over Energy Issues ‘

#AceFinanceNews – BRUSSELS – April 23 – EU Commissioner for Energy Gunther Oettinger offered Russian Energy Minister Alexander Novak and Ukrainian Minister of Energy and Coal-mining Yuriy Prodan to participate in a first tripartite meeting on gas issue, a source in the European Commission told ITAR-TASS on Wednesday.

Earlier, the press service confirmed the conceptual readiness of the European Commission to hold multilateral talks over the gas issue at the political level.

#AFN2014

#brussels, #european-commission

` Greece's Debt Problems have Caused the `Troika ' Problems Firstly with Handling and now Solving the Crisis '

#AceFinanceNews – ​EUROPEAN UNION – European lawmakers are calling into question the ability of the Troika to effectively deal with the crisis, and many are attacking its methods.

An investigation report due in April will look at the handling of the Greek sovereign debt debacle.

The probe by the European Parliament on how the International Monetary Fund (IMF), the European Central Bank (ECB), and the European Commission (EC) monitored and helped to solve the euro debt crisis, which started in 2008, triggered by the US financial collapse.

“The Troika acts like a governor and visits it’s colonies in the south of Europe and tells them what to do. The measures that they come up with though are not always very effective,” Derk Jan Eppink, an MEP from Belgium who initiated the probe into the Troika, told RT.

The IMF has admitted it made mistakes in the handling of Greece’s first international bailout, but some EU lawmakers want more answers.

Findings are expected to be published in April 2014, a month before the next EU Parliamentary elections.

RT – Finance News and Media Sources

#AFN2014

#europe, #european-central-bank, #european-commission, #european-union, #greece, #greek, #imf, #international-monetary-fund, #troika, #us

` European Union had not passed `Economic Sanction’s ‘ against Russia ‘

#AceFinanceNews – Brussels – March 19 – Pia Ahrenkilde Hansen, spokesperson for the European Commission, said on Wednesday that the European Union had not passed a decision on economic sanctions against Russia.

#AFN2014

#brussels, #european-commission, #european-union, #russia

” Mission of `International Lenders ‘will return to `Greece’ this week to`Review’ Reforms”

#AceFinanceNews say that `Eurogroup’ says troika to return to Greece this week, as there has been no progress in discussions with `Greek‘ authorities.

European Central Bank

A mission of international lenders will return to Greece later this week to review progress made in delivering on the country’s reforms, the chairman of euro-zone finance ministers, Jeroen Dijsselbloem, has said.

The International Monetary Fund (IMF), the European Commission and the European Central Bank interrupted a visit to Athens last year because there was no progress in discussions with Greek authorities.

This has held up disbursements of loans due since September 2013, Reuters said.

The main sticking point is how Athens would plug a gap in this year’s budget, estimated at 1 billion euro.

Enhanced by Zemanta

#acefinancenews, #athens, #eurogroup, #european-central-bank, #european-commission, #greece, #international-monetary-fund, #jeroen-dijsselbloem, #reuters

“Latvia Becomes the 18th Member State to Adopt the Euro”

Latvia: visa and stamp

Latvia: visa and stamp (Photo credit: Sem Paradeiro)

#AceFinanceNews says as from one second past midnight on the 1st January 2014 – Lativa becomes the 18th Member State to Adopt the Euro.

According Europa.eu Press Release: After Latvia adopts the euro at midnight tonight – on the 15 th  anniversary of the launch of the euro in 1999 – 18 Member States and 333 million Europeans will share the same currency. This is a major achievement for Latvia and for the euro area . Tomorrow, Latvian’s will start withdrawing euro cash and paying for their purchases in euro. This has been made possible thanks to thorough preparations ahead of the introduction of the single currency.

“I am delighted to welcome Latvia as the eighteenth member of the euro area,” said European Commission President José Manuel Barroso. “This is a major event, not only for Latvia, but for the euro area itself, which remains stable, attractive and open to new members. For Latvia, it is the result of impressive efforts and the unwavering determination of the authorities and

José Manuel Durão Barroso

José Manuel Durão Barroso (Photo credit: Wikipedia)

the Latvian people. Thanks to these efforts, undertaken in the aftermath of a deep economic crisis, Latvia will enter the euro area stronger than ever, sending an encouraging message to other countries undergoing a difficult economic adjustment. On behalf of the European Commission and myself, I offer my sincere congratulations to Latvia and best wishes for the future.”

Olli Rehn, Vice-President of the European Commission responsible for Economic and Monetary Affairs and the Euro, said: “I want to very warmly welcome Latvia to the euro. Your efforts have paid off and your country’s strong economic recovery offers a clear message of encouragement to other European countries undergoing a difficult economic adjustment. Joining the euro marks the completion of Latvia’s journey back to the political and economic heart of our continent, and that is something for all of us to celebrate.”

From today, the euro will gradually replace the lat as the currency of Latvia. There will be a dual circulation period of two weeks, during which the two currencies will circulate alongside each other in order to allow for a progressive withdrawal of Latvian lats. When receiving a payment in lats, the change will be given in euro.

1) The introduction of euro cash in the Latvian economy
Commercial banks have received euro banknotes and coins in advance from the Latvian Central Bank, the Bank of Latvia, and have in turn supplied euro cash to shops and other businesses.

A total of 800,000 starter kits with euro coins bearing Latvian national sides have been available to the general public since December 10. Moreover, 70,000 dedicated starter kits have been offered to retailers.

As of January 1, the Bank of Latvia will change unlimited amounts of lats into euro at the official conversion rate (1 EUR = 0.702804 LVL) for an unlimited period of time and free of charge. Commercial banks will provide unlimited cash exchange services free of charge until June 30, 2014 and post offices until March 31, 2014.

Nearly all automatic teller machines in Latvia will distribute euro banknotes within the first 30 minutes of January 1, 2014. To facilitate the process, some banks have extended business hours. On January 1, 22 branches of the three largest banks will be open during the afternoon. Several banks will deploy additional staff for cash operations in branches during the dual circulation period. Post offices will not open on 1 January, but against usual practice will do so on the following Saturday (January 4, 2014).

2) The conversion of prices
Prices have had to be displayed both in lats and euro since October 1, 2013 and this rule will apply until June 30, 2014. In order to address consumers’ concerns about price increases and abusive practices in the changeover period, a “Fair Euro Introducer” campaign was launched in July 2013. It calls on businesses (e.g. retailers, financial institutions, internet shops) to commit not to misuse the changeover for their own profit, to respect the changeover rules and to provide the necessary assistance to their clients.

Compliance with the requirements for price display and conversion during the dual display period and the implementation of the “Fair Euro Introducer” campaign is monitored in particular by the Consumer Rights Protection Centre. It may impose fines and put the names of enterprises that do not observe the “Fair Euro Introducer” Memorandum on a publicly available “black list”.

For more background and information see:
Full press release: http://europa.eu/rapid/press-release_IP-13-1307_en.htm
President Barroso’s video message on Latvia joining the euro area:
http://ec.europa.eu/avservices/video/player.cfm?ref=I084917&sitelang=en
The European Commission’s website on Latvia’s euro entry:
http://ec.europa.eu/economy_finance/articles/euro/2013-12-06-latvia-getting-ready-euro_en.htm
Latvia’s national changeover web site:
http://www.eiro.lv/en/sakums
For more information on the euro see: http://ec.europa.eu/economy_finance/euro/index_en.htm

Delegation of the European Union to the United States
2175 K Street (entrance from 22nd Street), NW, Washington, DC 20037
www.EUintheUS.org & @EUintheUS & @ValedeAlmeidaEU

 

#acefinancenews, #1-january, #european-commission, #european-union, #jose-manuel-barroso, #latvia, #latvian, #latvian-lats, #olli-rehn, #president-of-the-european-commission

Bildebergs Rise And Rise From Obscurity

The fact that Bildeberg and all it now stands for began in 1954 with two well-known names at his head table namely Royal Dutch Petroleum and Queen Beatrix and proceeded to a point when in 2013, none other than our chancellor of the exchequer George Osborne attended, then it is beginning to achieve what it began so long ago! Namely control of the people by the economic means, will shortly reach its ultimate conclusion!

The Davignon Report that was published on 27 October 1970, was a report on the future foreign policy of European Economic Community member nations. It was written by a council chaired by Étienne Davignon of the Belgian Foreign Office. The committee was appointed by the Council of the European Communities to make proposals on political cooperation between the member states.  It recommended that member states should try to speak with a single voice on international problems, a proposal that was approved by all six member governments. It resulted first in European Political Cooperation and later in the European Union‘s Common Foreign and Security Policy in 1992.  Étienne Francois Jacques Davignon, Viscount Davignon (born 4 October 1932 in Budapest) is a Belgian politician, businessman, and former vice-president of the European Commission. He also was a member of the first steering committee, which eventually would have such people as in 2013 known other than Kenneth Clark ex Chancellor of this present UK government.

The funding of such an organisation would eventually become a lot easier with such people who were regularly invited, providing donations. One of the first was to Rockefeller and he was instantly classed as a honoury member, with other such prominent leaders as Henry Kissinger and Pinochet! The main family that l mentioned earlier was the Rothschild’s and they would provide a way forward, with what would eventually become known as “Club Bildeberg” with each additional member representing a particular area of the economic globe! This may be either oil, news, finance, media, etc eventually leading to an annual conference in some part of the world, always behind close doors and nobody knowing what they are really discussing, or planning!

Useful links:

https://en.wikipedia.org/wiki/Bilderberg_Group

https://en.wikipedia.org/wiki/List_of_Bilderberg_participants

Related articles

 

#acenewsservices, #etienne-davignon, #bilderberg-group, #common-foreign-and-security-policy, #council-of-the-european-union, #davignon-report, #european-commission, #european-economic-community, #european-political-cooperation, #european-union, #first-steering-committee, #former-vice-president, #henry-kissinger, #honoury-member, #queen-beatrix, #royal-dutch-petroleum

Proud Sponsors Of Mums!

Procter and Gamble Twin Towers Cincinnati

Procter and Gamble Twin Towers Cincinnati (Photo credit: Wikipedia)

Former P&G logo
Former P&G logo (Photo credit: Wikipedia)
Cincinnati's Procter & Gamble is one of Ohio's...

Cincinnati’s Procter & Gamble is one of Ohio’s largest companies in terms of revenue. (Photo credit: Wikipedia)

But how much do we know about this multi billion dollar corporate entity well very little!

It began with two men called William Proctor and James Gamble and grew into the P&G brand and of course proud sponsors of mum’s! But what is really behind this statement and what are there real intentions, as sponsors of mums!

Firstly any sponsorship deal is based on return by the sheer fact that gain is the driving force! William Proctor a candle-maker and James Gamble a soap maker produced their first product after emigrating to Cincinnati and marrying and a suggestion was made by Andrew Norris their father in law on October 31st 1837 and Proctor and Gamble was born. An advantageous partnership you may say born on of all days ” Halloween” or ” All Saints Day ” and their first contract was selling candles and soap to the army

n 1858–1859, sales reached $1 million. By this point, approximately 80 employees worked for Procter & Gamble. During the American Civil War, the company won contracts to supply the Union Army with soap and candles. In addition to the increased profits experienced during the war, the military contracts introduced soldiers from all over the country to Procter & Gamble’s products.

The company soon to become a group by simple acquisition after acquisition grew and grew and grew without regard for the consequences and eventually by the year 2000 acquired http://en.wikipedia.org/wiki/BeingGirl to advise and provide help and guidance on all forms of self-care and eating disorders and the like. The continued to acquire media outlets under the name PGP and phased out the soap industry, that began it all!

Price fixing

In April 2011, P&G was fined 211.2m euros by the European Commission for establishing a price-fixing cartel in Europe along withUnilever, who was fined 104m euros, and Henkel (not fined). Though the fine was set higher at first, it was discounted by 10% after P&G and Unilever admitted running the cartel. As the provider of the tip-off leading to investigations, Henkel was not fined.[20]

Toxic shock syndrome and tampons

Toxic shock syndrome (TSS) is a disease caused by strains of the bacteria Staphylococcus aureus. Most people have these bacteria living in their bodies as harmless commensals in places such as the nose, skin, and vagina. The disease can strike anyone, not only women, but the disease is often associated with tampons. In 1980, 814 menstrual-related TSS cases were reported; 38 deaths resulted from the disease. The majority of women in these cases were documented as using super-absorbent synthetic tampons, particularly theRely tampon created by Procter & Gamble.[21] The Rely tampon was so super-absorbent that one by itself could in fact hold one woman’s entire menstrual period flow. Unlike other tampons made of cotton and rayon, Rely used carboxymethylcellulose and compressed beads of polyester for absorption. The materials used in Rely were causing an increase in the thickness of fluid inside the vagina, resulting in more toxins being released.

The slogan used by Procter & Gamble for the product was “Rely. It even absorbs the worry.”

In the summer of 1980 the Centers for Disease Control released a report explaining how these bacterial mechanisms were leading to TSS. They also stated that the Rely tampon was associated with TSS more than any other brand of tampon. In September 1980, Procter & Gamble voluntarily recalled its Rely brand of tampons from the market and agreed to provide for a program to notify consumers. Since the 1980s, reported cases of TSS have dramatically decreased.[22]

Animal testing

On June 30, 1999, Procter & Gamble announced that it would limit its animal testing practices to its food and drug products which represents roughly 80% of its product portfolio.[23] The company invested more than $275 million in the development of alternative testing methods.[24]

Procter & Gamble has received criticism from animal advocacy group PETA for the practice of testing on animals.[25]

Other products

In December 2005, the Pharmaceutical division of P&G was involved in a dispute over research involving its osteoporosis drug Actonel. The case was discussed in the media.[26]

In October 2007, a class action lawsuit was filed in the State of Georgia alleging that many users of Crest Pro-Health mouthwash, with the active ingredient Cetylpyridinium chloride, suffered stained teeth and loss of their sense of taste as a result.[27] Procter & Gamble contends that these side effects occur in only three percent of users.[27] The suit seeks to include disclosure warning users of these side effects on product packaging.

The company received unwanted media publicity in the 1980s when rumors spread that the moon-and-stars logo was a satanic symbol. The accusation was based on a particular passage in the Bible, specifically Revelation 12:1, which states: “And there appeared a great wonder in heaven; a woman clothed with the sun, and the moon under her feet, and upon her head a crown of 12 stars.” P&G’s logo consisted of a man’s face on the moon surrounded by 13 stars, and some claimed that the logo was a mockery of the heavenly symbol alluded to in the aforementioned verse, thus construing the logo to be satanic. Where the flowing beard meets the surrounding circle, three curls were said to be a mirror image of the number 666, or the reflected number of the beast. At the top and bottom, the hair curls in on itself, and was said to be the two horns like those of a ram.

These interpretations have been denied by company officials, and no evidence linking the company to the Church of Satan or any other occult organization has ever been presented. The company unsuccessfully sued Amway from 1995 to 2003 over rumors forwarded through a company voicemail system in 1995. In 2011 the company successfully sued individual Amway distributors for reviving and propagating the false rumors.[29]

The moon-and-stars logo was discontinued in 1985 as a result of the controversy.[30]

So who is one of the sponsors who is the proud sponsors of mums well of course it is P&G the question you should ask yourself do you really want to have a company like this saying they are proud sponsors of our mums and most of all our children.

 

#american-civil-war, #cincinnati, #european-commission, #james-gamble, #procter-gamble, #proctor, #toxic-shock-syndrome, #union-army