All news articles for June 2015

In a worse case scenario, Grexit could lead Greece’s GDP to decline 4-6% in 2015, and by 10%-14% in 2016, Solomon said.

Grexit could lead to export boom – or depression

By Caroline SCOTT-THOMAS

A Greek exit from the euro could lead to a strong export boom – or it could lead to a depression and hurt eurozone growth, thus wiping out export demand, according to Euromonitor economist Daniel Solomon.

Rubis the lamb - bred to carry a jellyfish protein for the purposes of INRA's medical research programme - was sold by the abattoir and then most likely eaten in the Paris region last October.

GM 'jellyfish lamb' enters French food chain

By Niamh Michail

A genetically modified sheep carrying a jellyfish protein entered the French food system last year following what appears to have been a deliberate abattoir mix-up by a disgruntled employee, it was revealed last week.

India has seen its male buffalo population shrinking

Bovine growth could slow for India

By Georgi Gyton

While it will continue to be a major player on the global bovine market, the pace of growth in India could well be much lower than that experienced over the past five years, according to the latest report by Rabobank.

“Our industry delivers one of society’s greatest traditions and pleasures. It is also a major positive contributor to the European economy,

FDE elects new president

By Niamh Michail

Gilles Morel, regional president for Europe and Eurasia of Mars Chocolate, has been elected president of FoodDrinkEurope for a three-year mandate.

A large number of Russian consumers can not afford to consume meat every day

Retail analysis: Russian Federation

By Vladislav Vorotnikov

With a population of 143.5 million people last year, Russia consumes approximately 9.8 million tonnes of meat per year, the equivalent of 68kg per capita, according to official data from the Russian State Statistics Service (Rosstat).

Levels of beef supply should remain steady during the rest of the year

Beef prices weaken during first third of year

By Chloe Ryan

Global beef prices have weakened during the first four months of 2015, following a period of record high prices. However, it’s unlikely prices will continue to fall as beef supply levels should remain steady during the rest of the year.

Saudi Arabia aims to eliminate domestic wheat production to safeguard its water supplies

Saudi minister slams bread wastage

By Eliot Beer

The Saudi minister of agriculture has criticised the high level of wasted bread in the country, saying 35% is thrown away, during the opening of a new US$218m flour mill in Al-Jamoum.

The facility will convert waste nutrients from the shrimp and fish into jet fuel, the consortium says

Masdar launches jet-fuel fish farm project

By Eliot Beer

Officials broke ground on a combined aquaculture-biofuel project in Abu Dhabi’s Masdar City this month, aimed at producing shrimp, fish and biofuel in one facility.

OFIC plans to develop agriculture-specific funding and a “food techno park” to serve as a base for research and development.

Oman launches US$623m food projects

By Eliot Beer

Oman has announced new food production projects, including dairy, poultry and red meat facilities, totalling US$623m in value, as part of efforts to improve food security.

Godiva's chocolate ice cream makes up about 12-15% of its sales

Godiva to open 12 new GCC stores by December

By Eliot Beer

Belgian chocolate maker Godiva is planning to open around a dozen new stores in the GCC by the end of the year, as it capitalises on its recently-established direct presence.

The company has cut water withdrawal by 42% from 2009 to 2014, it said

Nestlé ME unveils social responsibility targets

By Eliot Beer

Nestlé has released its first corporate accountability report for the region, and promises to cut waste, improve children’s health and reduce salt and sugar in its products.

FMD infection is rife amongst wild buffalo in countries in southern Africa

New FMD rules could open export opps for African beef

By Chloe Ryan

Changes to international regulatory standards for managing foot and mouth disease (FMD), which were adopted at the World Organisation for Animal Health (OIE) world assembly in Paris last month, have been welcomed in Africa.

FoodQualityNews looks at the recalls this week for June

Food Safety recall round-up 19-25 June

Recalls: Staphylococcus toxin, mislabelling and allergens

By Joseph James Whitworth

A recall round-up covering another week in June takes us to Belgium, England, Greece, Poland, Sweden, Ireland, Switzerland, Canada, Denmark and the US.

Can sustainable foraging go mainstream?

By Niamh Michail

Commercial foraging is on the rise, influencing mainstream flavour trends and giving companies a sense of heritage, say market analysts - but is it as eco-friendly as it seems?

 The material has a non-plastic appearance

Holfeld claims packaging first

By Chloe Ryan

Irish pork processor O’Brien’s Fine Foods has overhauled the packaging on its range of dry-cured bacon, cooked hams, puddings and sausages.

According to USDA data the bulk of China's exports this year will go to Hong Kong

Chinese processor delivers 40t of pork to Russia, as others seek entry

By Mark Godfrey

A unit of China’s top pork processor has shipped 40 tons of pork overland to Russia. The Wangkui Shuanghui Beidahuang Food Co plant in northerly Heilongjiang province shipped the pork, worth US$1.2 million, over the border in early June, according to...

The move comes after EU ministers approved a six-month extension of sanctions on Russia’s energy, defence and financial sectors

New date set for end of Russian embargo

By Chloe Ryan

Russia has extended its embargo on EU food imports for a further six months until 31 January 2016, in retaliation for the EU’s decision to extend its own economic sanctions aimed at pressuring Moscow to resolve the Ukraine conflict.

Xavier Prats Monne takes on the role from Paola Testori Coggi who resigned following a 'sober' disciplinary inquiry

Ex-education director takes DG SANTE top spot

By Annie Harrison-Dunn

Xavier Prats Monne is to become the new general director of the European Commission’s health and food safety unit, DG SANTE, a position he takes on after the resignation of Paola Testori Coggi.

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