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The pipeline has a total annual transport capacity of 11 bcm and its first part, the Greece-Turkey interconnector, already functions since four years. According to the agreement, Greece receives approximately 750 mcm of Azerbaijan’s natural gas per year via the Turkish network, whereas an additional supply of 1 bcm is under negotiation.

The Joint Declaration and how it affects the progress of ITGI

By: EBR | Thursday, January 27, 2011

The common statement of José Manuel Barroso, President of the EC and Ilham Aliyev, President of Azerbaijan, as well as the agreement for the creation of a joint task force in order to speed up the projects, offered new stimulus to the plans of natural gas transport from the Caspian Sea to Europe.

The latest cyber-attacks on WikiLeaks make the case for the EU to criminalise the software tools enabling such crimes and for setting up a 24-hour alert system where citizens and companies can flag up attacks, EU home affairs Commissioner Cecilia Malmstrom has said.

′State-sponsored attacks number one risk to cyber security′

By: N. Peter Kramer | Friday, December 3, 2010

Recently, in a discussion paper prepared by the EU's anti-terrorism co-ordinator Gilles de Kerckhove, "state-driven or state-sponsored attacks" are identified as the number one risk to cyber security. But EU Com. Malmstrom said, "it would be very difficult to prove if a state committed an attack"

2010 Top Taiwan Global Brands Unveiled

By: EBR | Wednesday, November 10, 2010

“The 2010 Taiwan Global Brands Value Survey”, supervised by the Bureau of Foreign Trade, Ministry of Economic Affairs, organized by the Taiwan External Trade Development Council, and co-organized by the BusinessNext Magazine and Interbrand, revealed the Taiwan Top 20 global brand value and ranking

"European Monetary Union won’t succeed if some countries persistently run deficits and weaken their competitiveness at the expense of the euro’s stability."

A plan to tackle Europe′s debt mountain

By: Europe′s World | Wednesday, November 10, 2010

The eurozone crisis has demonstrated the urgent need for tougher and more effective rules, says Wolfgang Schäuble. He sets out how EU countries can cut their deficits in growth friendly ways. The collapse of Lehman Brothers triggered the most serious financial and economic crisis in 80 years.

Advertising is still leaching out of newspapers, particularly regional ones. It is returning only slowly to magazines. Billboards are faring better. Yet the greatest old-media winner is television—in most countries the main advertising medium.

The return of Advertising

By: The Economist | Monday, November 1, 2010

As western economies slid towards recession three years ago, media and advertising executives began to ask worrying questions. Would the advertising slump prove structural or cyclical? Would marketing money return to all media, or just a few? The answers are becoming clear.

It takes experience and instinct to know what works. I′ve probably learned my best leadership lessons from my management team. They′re a motley bunch, and at first glance it′s not obvious what makes them coalesce.

Management Is a Dirty Job, but Someone Has to Do It

By: EBR | Friday, October 29, 2010

Maybe it's that I just finished reading "Band of Brothers " by Stephen Ambrose about a bunch of WWII soldiers in their 20s who showed the kind of leadership and courage that make your jaw drop. Maybe its looking ahead and wondering what kind of leadership will take PJA Advertising to its next level

Security experts refuse to talk specifics, but say they know cases where international firms lost out because state-linked rivals appeared to have benefited from spy agency support.

Western firms face growing emerging spy threat

By: Reuters | Wednesday, September 15, 2010

If you are a Western corporation competing with firms from authoritarian emerging economies like Russia or China, your state-linked rivals may be reading your e-mail. While militancy and terrorism make it easy to justify widespread electronic surveillance, some nations may be using it more broadly

Beyond economic sustainability, critics cast doubt on the IMF plan’s political feasibility, arguing that it is impossible for Greece to retrench if it means that the country must do away with entitlements that the population has come to view as fundamental rights, such as generous unemployment and retirement pensions. Such retrenchment would stir public unrest, they say, and leaders would have no option but to default to devaluation.

The Future of the Euro

By: Foreign Affairs | Tuesday, September 7, 2010

When the euro was conceived two decades ago, few people expected it to have to weather a storm as great as the recent global economic and financial crisis. And many observers now think the entire European construct has been so damaged by the crisis that it might not survive.

This new technology will revolutionise and widen person-to-thing and thing-to-thing interaction. The innovation lies in the thing-to-thing relationship. The most commonly cited practical example of this is that of fridges which, if suitably programmed, will be able to detect any product past, or approaching, its use-by date.

The Internet of Things

By: EBR | Thursday, August 26, 2010

Will your fridge be able to detect any product past its use-by date and inform you about it in the near future? The Internet should not only connect the more than 1.5 billion people who use it, but also people to things and things-to-things, according to Spanish Socialist MEP Maria Badia i Cutchet.

The “European Tourism Conference” is considered as one of the most important events in the field of Travel & Tourism worldwide and will draw once again the attention of significant professionals of the industry and the media, as it is expected to lead in considerably results and conclusions that will affect and transform the European tourism framework.

3rd European Tourism Conference

By: EBR | Wednesday, August 25, 2010

For a third consecutive year, HELEXPO and EUROPRESS MEDIA GROUP (EMG) are organizing the “3rd European Tourism Conference” entitled this year “A New Model for Tourism”. The event includes sessions about Culture and Environment, Digital Agenda and Marketing, Alternative forms of Tourism, etc.

The recent financial crisis has weakened the developed world economies, promoted “beggar-thy-neighbor” policies that benefited some nations at the expense of others and eroded support for continued globalization.

Towards a New Economic Order?

By: The Globalist | Wednesday, August 25, 2010

As the world recovers from the financial crisis, many governments have introduced measures to help economies rebound. While many of these are quick solutions, the fundamental structure of our economic order has to change, argues Jagadeesh Gokhale. He outlines a few reforms for long-term growth.

The latest data from central banks underline how negative sentiment toward some European banks has become: Banks in Portugal, Ireland, Greece and—most of all—Spain increased their borrowings from the ECB to record levels in June as more institutions found their access to wholesale money markets barred.

Data Underline Some Banks′ Dependency on ECB

By: The Wall Street Journal | Thursday, July 22, 2010

Regulators Mull Early Release of Stress-Test Results. As the European Union prepares to prove to the world how solid its banks are, new data from around the euro area show that its weaker members' dependence on the European Central Bank has never been higher.

Stress tests are certainly needed. Banks and transparency are not always a good combination. When a carmaker admits it has a hole in its balance-sheet, its factories are still there a week later; when a bank does so it usually suffers a devastating run. This is why regulators sometimes like to deal with dud banks in secret.

Bank Stress Tests: Too soon to write them off

By: The Economist | Monday, July 19, 2010

When America did public stress tests on its banks in 2009 they helped end the panic on Wall Street. The Federal Reserve opened banks’ books, imposed a consistent view about how bad losses might be and forced banks that lacked capital to raise more, with the taxpayer acting as a backstop investor.

So why do consumers pay real money for online objects that don’t actually exist? Their motives reinforce our notion that users seek online importance: they purchase virtual goods primarily for self-expression (such as virtual houses or virtual gifts) and for recognition (such as virtual badges for becoming, say, the “mayor” of a bar on Foursquare)

Unlocking the elusive potential of Social Networks

By: McKinsey Quarterly | Friday, July 16, 2010

There is much hype about social networks and their potential impact on marketing, so many companies are diligently establishing presences on Facebook, Twitter, and other platforms. Yet the true value of social networks remains unclear, and few consumer companies have unlocked this potential.

Whenever risk markets are incomplete and information is imperfect, or asymmetrical, threats from so-called externalities become pervasive. Whenever there are externalities there is a scope for government intervention.

Why markets need Governments

By: EBR | Monday, July 12, 2010

The recent economic meltdown was at root not a failure of character or competence, but a failure of ideas. Behind the cupidity of bankers, the weakness of regulators and the myopia of macro-policy stood a set of dominant ideas about the proper relationship between the state and the market.

International tourist arrivals increased by 7% in the first four months of 2010. The 3% increase registered in April marks the seventh month of growth in international tourist arrivals after 14 consecutive months of negative results.

International Tourism: Recovery Confirmed, but Growth Remains Uneven

By: EBR | Monday, July 5, 2010

International tourist arrivals grew by 7% in the first four months of 2010 according to the latest issue of the UNWTO World Tourism Barometer. This growth confirms the recovery trend beginning in the last quarter of 2009 and comes despite the challenging conditions of recent months.

EBS CEO Survey results: Putting Europe Back On Track

By: EBR | Thursday, July 1, 2010

It became clear from the results, presented at the beginning of the European Business Summit (EBS), that Europe's CEOs are confident, realistic, and broadly in agreement on the directions that they need in order to achieve recovery.

The argument runs that credit mistakes are made during the boom, not during the crash, so better regulation and monetary policy during the boom years could limit the scale of any bust.

Where Europe and America differ on global banking regulation

By: Europe′s World | Tuesday, June 22, 2010

It's tempting to base ideas for global financial regulation on 'bashing big banks', says Avinash Persaud, who chaired the UN’s 'Stiglitz Commission' on financial reform. But he warns that the greater problem is that of diverging American and European views on a safer rulebook.

What is fascinating is that within the Bretton Woods bubble in which we all grew up, there evolved two very different cultures. The worlds of finance and trade are now truly two very different global systems.

Systemic Failure: Lessons from the World of Trade for the World of Finance

By: The Globalist | Saturday, June 19, 2010

The great Crisis of 2008-09 may well be to finance what the Great Depression was to trade — namely, an inflection point that changes our view of the interplay of capitalism, globalization and sound regulation.

After years of vigorous efforts by the TTRI in research and development as well as technology transfer, Taiwan has innovated and made steady breakthroughs in textile-fiber-production technology and dyeing techniques.

Nine World Cup teams play in Made-in-Taiwan uniforms

By: EBR | Friday, June 18, 2010

At the FIFA World Cup tournament in South Africa, Taiwan will be appearing not among the 32 contending teams but as a maker of team uniforms. Nine of the competing teams will be donning uniforms made of recycled materials 100-percent made-in-Taiwan (MIT)

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EU Actually

Far-left and far-right gains throw French mainstream parties into a quandary

By: N. Peter Kramer

In many big towns and cities, Socialists and centre-right Republicans are tempted to make electoral pacts on their outside flanks to beat the opposition in next Sunday’s run off of the French mayoral elections.

Europe

EU and the Arab Gulf Must Come Together

The war in Iran proves the United States is now a destabilizing actor for Europe and the Arab Gulf. From protect their economies and energy supplies to safeguarding their territorial integrity, both regions have much to gain from forming a new kind of partnership together.

Business

EU risks losing US soy imports under deforestation rules, Washington warns

The regulation would make the bloc less attractive for American exporters, a senior USDA official said