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Parallel imports


After eagerly awaiting the outcome of the UK government’s recent 12-week consultation on the future of the exhaustion of intellectual property rights, the outcome released this week is something of an anticlimax. After completing an initial analysis of the responses to the consultation, the government has concluded that there is “not enough data available to …

ECONOMYNEXT – Sri Lanka spent US$664 million to provide “import reserves” in November and December 2021 as the central bank tried to implement a 200 peg to the US dollar while printing oil money to sterilize the same dollar sales at a fixed interest rate of 6.0%. The central bank bought US$61.7 million in foreign …

We enter 2022 with anxiety. The COVID-19 pandemic is experiencing a new surge, thanks to the omicron variant, setting record infection rates. Civil wars and conflicts have erupted in the Horn of Africa, in addition to long-running wars in the Middle East and North Africa. Economies face supply chain bottlenecks, nascent inflation and, in some …

Thank you, Madam President. Allow me first of all to welcome the newly elected members to this Council and I look forward to cooperating closely with them as with all Council members. Madam President, 2022 is starting on an uplifting note. The military escalation that I described to this Council last month has accelerated as …

Parallel trade 2022 Navigating the challenges and legal landscapes of parallel trade The conference will also provide global information on parallel trade in pharmaceuticals and reflect on key takeaways for other member states. “ – Richard Jones, Director of Events, SMI Group LONDON, LONDON, UK, January 7, 2022 /EINPresswire.com/ – SMi presents its 16th Annual …

Strawberries are tastier when eaten as soon as possible after being harvested. Unfortunately, many markets are prevented from accessing red gold. From inappropriate local growing climates to seasonal differences or even lack of space to grow them, strawberries are not always easy to find. “At Urban Harvest, we offer solutions for urban growers to grow …

Russian inflation keeps pace in November, private sector rebounds slightly: macro snapshot The annual inflation rate in Russia reached 8.39% in November, virtually unchanged from 8.4% the previous month, according to data from the country’s Federal State Statistics Service. The rise in prices was in part due to rising food costs, which rose 10.6 percent. …

International business transactions are fairly straightforward. For everything you import or export, payments are made through banking channels. However, that has changed since the Taliban returned to power in Afghanistan. The US authorities have frozen the foreign accounts of the Afghan government and the Afghan banking network is not functioning properly. So if the banking …

RIYAD: The Saudi capital has long been viewed by bankers and international leaders as a place to visit for work, before spending the weekend elsewhere in the region. However, that is about to change as the Saudi capital is not only rapidly transforming into a global and regional hub of business activities, it is also …

In this world of big data, satellite imagery, data analytics and predictive analytics, it is a shame that policymakers have to make decisions based on estimates or incomplete information, because timely, reliable and updates on key economic variables are not readily available. The exceptions are the Pakistan Bureau of Statistics Population Census (although it took …