Category: Policy

PolicyTrade

Major Corporations Criticize EU’s Second Postponement of Anti-Deforestation Regulation

Global companies including Nestlé and Ferrero are challenging the European Commission’s proposal to delay the EU Deforestation Regulation until 2026. Industry leaders warn that postponement undermines sustainability efforts and penalizes compliant businesses.

EU Faces Corporate Backlash Over Deforestation Law Delay

Major global corporations are reportedly pushing back against the European Union‘s proposed second postponement of its landmark anti-deforestation legislation, according to recent reports. Companies including Nestlé, Ferrero, and Olam Agri have expressed frustration with the European Commission’s plan to delay implementation until the end of 2026, citing technical issues with the compliance IT system.

by Darren Holt
EconomyPolicy

UK Government Attributes Economic Strain to Brexit Terms in Global Forums

The UK government has reportedly shifted its public stance on Brexit’s economic consequences, with ministers now openly discussing trade-related productivity downgrades. This change comes as the Chancellor prepares for November’s budget amid calls for fiscal adjustments.

Government’s New Stance on Brexit Economic Impact

The UK Chancellor has reportedly attributed long-term economic damage to the current Brexit deal in high-level international discussions, according to sources familiar with the matter. This represents a notable departure from the previous reluctance to emphasize Brexit’s economic downsides, with ministers becoming increasingly vocal about these concerns since last month’s conference.

by Natalie Brooks