‘ Russian Sanctions on Kalashnikov Will Damage US Markets ‘

#AceFinanceNews – MOSCOW – July 17 – Imposing US sanctions on the Russian corporation Kalashnikov, which manufactures the world-famous AK automatic assault rifles, runs counter to the interests of American customers, a spokesman for Kalashnikov told ITAR-TASS.

“For Kalashnikov, which is a subsidiary of the Rostecnologies state corporation, the US is an important market for selling arms,” the spokesman said. “It should be noted that the Kalashnikov products are very popular in the US, and the amount of prepaid orders for arms there is three times as big as the annual supplies volume.”

“This means that the sanctions the US Administration has imposed on Kalashnikov contravene the interests of US consumers,” he said.

Kalashnikov Consortium is the largest producer of automatic and sniper combat arms, guided artillery shells and non-military products. It exports arms and tools to 27 countries, including the US, the United Kingdom, Germany, Norway, Italy, Canada, Kazakhstan and Thailand.


#canada, #germany, #italy, #kalashnikov, #thailand, #united-kingdom, #united-states

‘ Trade Organisations Representing UK Agricultural Sectors Can Now Apply to Rural Payments Agency ‘

#AceFinanceNews – EUROPEAN UNION (RPA Funding) – June 08 – Trade organisations representing UK agricultural sectors have a fresh chance to apply to the Rural Payments Agency (RPA) for EU funding towards promotion and information programmes for agricultural products.

Producers of one or more of the products listed below can apply for up to half the cost of marketing their goods abroad in a scheme designed to raise awareness and increase sales of EU food products.

The maximum rises to 60 percent for the promotion of fruit and vegetables intended specifically for children in EU schools, and for information on responsible drinking patterns and harm linked to hazardous alcohol consumption.

The application process for the two schemes, one for internal markets (EU countries) and another external markets (rest of the world), is combined. Applicants may apply under either or both schemes but cannot submit a combined application covering both schemes.

Preparation of an application may start at any time of the year provided that the deadlines are respected. It is also essential to take into account any regulatory and other changes which may be introduced.

The next deadline is 30 September 2014.

Applicants are expected to fund at least a 20 percent of the total cost of the programme and can choose either to pay the remaining balance themselves or to finance it by industry levy.

Do you qualify?

Check out Products at this Link: RPA

Tweet and Share News: Adding #AFN2014

#afn2014, #trade, #united-kingdom

` Minister ` David Willetts ‘ has said the number of Students that will fail to pay back their Loans has almost Doubled ‘

#AceFinanceNews – UNITED KINGDOM – 22 March – In a dramatic reassessment of UK Student Finance, the government estimates around 45 percent of graduates will be unable to pay back their loans.

The shortfall could cancel out the profits made by the disputed tripling of tuition fees in 2012.

British Universities Minister David Willetts has said that the amount of graduates who will fail to pay back their student loans has greatly exceeded previous estimates.

Before tuition fees were increased threefold in 2012, the government predicted that only 28 percent of loans would ever be paid back.

However, in light of projections for the coming years, the government has reassessed this figure and almost doubled it to 45 percent.

This increase could potentially nullify the 10 billion pounds ($16 billion) in profits made by increasing tuition fees to 9,000 pounds ($15,000) a year in 2012.

If the amount of students unable to pay back their loans grows to 48.6 percent, economists predict the government will start losing more money.

Guardian – Independent – UK News Sources


#david-willetts, #uk, #united-kingdom