europe

November 17, 2009 -- “While it is good to know that 14,700 people have now disclosed previously hidden offshore bank accounts, the U.S.–Swiss Annex disclosed today, designed to compel disclosure of the names of U.S persons with Swiss accounts at UBS, is very disappointing.

"It complicates and muddies what should have been a straightforward agreement by UBS and the Swiss Government to disclose Swiss accounts hidden from the United States by U.S. accountholders.

"UBS admitted last year that it ‘participated in a scheme to defraud the United States’ out of tax revenue. Since then, UBS has been prohibited by its government from simply turning over the names of the 52,000 U.S. clients suspected of participating in that tax evasion scheme with UBS.    » read more »

Unprecedented Response in Voluntary Tax Disclosure Program

November 17, 2009 -- WASHINGTON – Deputy Attorney General David W. Ogden released the following statement regarding the announcement today by the Department of Justice and the Internal Revenue (IRS) regarding the results arising from previous settlements of civil and criminal cases against Swiss banking giant UBS AG.

The Justice Department and IRS announced that over 14,700 taxpayers have come forward to report previously-undisclosed foreign bank accounts under the voluntary disclosure program the IRS implemented following the settlement. This figure represents almost double the initial numbers the IRS announced in October and dwarfs the number of voluntary disclosures received in 2008.    » read more »

Set to reach 12% of EU’s electricity by 2020

Brussels, 16 November 2009 -- The Thin Film industry is more than ever ready to contribute to the 12% target set by EPIA in its recent SET For 2020 study. This was confirmed by the 260 participants of EPIA’s 2nd International Thin Film Conference that took place on 12 November 2009 in Munich.    » read more »

Panenza®, non-adjuvanted pandemic vaccine, licensed for use in adults and children 6 months of age and older

Lyon, France – November 16, 2009 - Sanofi Pasteur, the vaccines division of the sanofi-aventis Group (EURONEXT: SAN and NYSE: SNY) announced today that the French drug agency Afssaps (Agence française de sécurité sanitaire des produits de santé) has granted marketing authorization in France for Panenza®, its non-adjuvanted Influenza A(H1N1) 2009 monovalent vaccine, produced at Sanofi Pasteur’s facility in Val de Reuil, France. The vaccine was made available to French health authorities.    » read more »

Swissmedic approval allows Novartis to begin shipments of Celtura to Switzerland, providing supplies of A(H1N1) vaccine immediately

Basel, November 13, 2009 - Novartis announced today that Celtura®, the company's adjuvanted cell culture-based Influenza A(H1N1) 2009 monovalent vaccine, has received approval in Switzerland from Swissmedic, the Swiss Agency for Therapeutic Products.

This is the second marketing approval for the cell-culture based A(H1N1) pandemic vaccine in Europe. Celtura was approved in Germany earlier in November 2009. The company also has submitted a registration for Celtura in Japan, and will seek approval in a number of other countries.    » read more »

Approval marks an important milestone in the process of replacing 50 year-old egg-based flu vaccine production with modern biotechnology

November 05, 2009 -- Basel, November 5, 2009 - Novartis announced today that it received approval from the German regulatory authorities for its adjuvanted cell culture-based Influenza A(H1N1) 2009 monovalent vaccine, Celtura®. Novartis continues to pursue registration in other major countries, including Japan and Switzerland.    » read more »

LONDON - 15 October, 2009 - Europe's transmission and distribution (T&D) infrastructure is more than 50 years old and in urgent need of an upgrade, especially with the increasing share of electricity generation from renewable sources such as wind, solar and biomass. Further, these transmission networks were built without considering the impact of generation from renewable sources, and there is mounting pressure to build new lines as well as upgrade old ones.    » read more »

Statement by David Wright, co-director of UCS's Global Security Program

CAMBRIDGE, Mass. (September 17, 2009) — President Obama's announcement today that his administration is scrapping plans to deploy a missile defense system in Poland and the Czech Republic was seen as a "victory for common sense" by experts at the Union of Concerned Scientists (UCS). As noted by leading scientists in a letter to the president in July, the missile defense system slated for Eastern Europe "has not been proven and does not merit deployment. It would offer little or no defensive capability, even in principle."

Below is a statement by Dr. David Wright, a physicist and co-director of UCS's Global Security Program:    » read more »

June 24, 2009 -- The President spoke with President Adamkus on Tuesday morning, June 23. The two Presidents discussed a range of issues of common concern, including NATO issues and our shared commitment to collective defense.

President Obama expressed appreciation to President Adamkus for Lithuania’s important contributions to alliance operations and affirmed the commitment of the United States to Lithuania’s security.

The President also updated President Adamkus on our plans for the upcoming July Summit in Moscow between President Obama and President Medvedev.

Source: White House

June 19, 2009 -- WASHINGTON--As part of the Obama Administration's aggressive efforts to enforce U.S. tax laws and reduce offshore tax evasion, the U.S. Department of the Treasury today announced the conclusion of negotiations with Switzerland to amend the U.S.-Switzerland income tax treaty to provide for increased tax information exchange. Official signing of the protocol is expected in the next few months.

"This Administration is committed to reducing off shore tax evasion to help ensure that all U.S. taxpayers are playing by the same rules," said Treasury Secretary Tim Geithner. "This treaty will increase our ability to enforce our tax laws and will help bring an end to an era of offshore accounts and investments being used for tax evasion."    » read more »

GE's Jenbacher Cogeneration Units to Power 30.4-MWel Project, Helping to Save up to About 185,000 Tons of CO2 per Year

JENBACH, AUSTRIA -- May 19, 2009 -- Macedonia Prime Minister Nikola Gruevski today formally opened the country’s first natural gas-cogeneration plant certified for international carbon credit financing in the capital city of Skopje.

The plant, powered by GE’s Jenbacher gas engines, is Macedonia’s first commercial natural gas-fueled combined heat and power (CHP) project completed within the international “Clean Development Mechanism” (CDM). Established under the Kyoto Protocol, this climate protection program provides global financial support for alternative energy projects that reduce CO2 emissions in developing economies.    » read more »

April Ford sales down by 7.4 per cent versus 16.5 per cent industry decline

COLOGNE, May 12, 2009 – Ford continued to increase its European market share last month, both for the month of April and for the year-to-date, further consolidating its position as the No.2 best-selling car brand in Europe.

With 120,000 vehicles sold, Ford's total vehicle market share in April rose by 0.9 percentage points to 9.0 per cent. April year-to-date share was 9.3 per cent, up from 8.7 per cent in the same period last year.

The industry overall declined by 16.5 per cent in April (19 main European markets). In contrast, Ford sales decreased by only 7.4 per cent, with 9,600 fewer units sold than in April 2008.    » read more »

Ford of Europe takes further action to bring production capacity in line with declining industry demand, and adjusts sourcing plans to meet future business needs

COLOGNE, Germany, March 16, 2009 – Ford of Europe today confirmed that, due to the unprecedented decline in the European new car market and the continuing negative economic outlook, it is taking further decisive actions to bring its production capacity in line with significantly decreased industry demand.

In addition, Ford of Europe is realigning its sourcing plans to meet its future business needs, given that demand is unlikely to improve significantly in the European market for some considerable time.    » read more »

Fiesta best-selling Ford car year-to-date across Europe's main 19 markets (Euro 19)

COLOGNE, March 12, 2009 – Ford of Europe increased its market share in February across the company's 19 main markets (Euro 19) by 0.8 percentage points to 8.5 per cent versus the same month last year.

While overall industry Euro 19 sales declined by 20.1 per cent, Ford sales in February were down by 14.2 per cent, or 15,000 units, compared to the same month in 2008.

Ford of Europe sold 91,100 vehicles in its Euro 19 markets in February, including 27,900 new Fiestas, making it the best-selling Ford car again this month, and the second-best selling car in the industry.    » read more »

President Obama Should Reverse Bush Policy on European Deployment

March 4, 2009 -- President Obama is reconsidering the Bush administration's decision to deploy an untested missile defense system in Europe, indicating that he is taking a more realistic, technically grounded approach to missile defense. Given Russia's strong negative reaction to the planned deployment, experts at the Union of Concerned Scientists (UCS) say it makes sense to reconsider this policy on strategic as well as technical grounds. They say U.S. security would be undermined by deploying an ineffective missile defense system that impedes U.S.-Russian nuclear weapons reductions and collaboration on key security issues.    » read more »