Reminder: entry into application of the new restrictions for Benzophenone-3 and Octocrylene

Benzophenone-3Maximum authorized concentrationa) Products for the face, products for the hands and products for the lips, excluding products in the form of aerosols and pump sprays: 6%b) Body products, including products in the form of aerosols and pump sprays: 2.2%c) Other products: 0.5%Other RestrictionsFor products a) and b), no more than 0.5% to protect the … Read more

The EC points out to Latvia the non-compliance with the regulation on limiting the distribution of terrorist content online

The letter was sent to Latvia, Austria, Belgium, Bulgaria, Czech Republic, Denmark, Greece, Estonia, Italy, Ireland, Cyprus, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovenia, Spain, Finland and Sweden. As explained by the EC, for example, these countries have not complied with the requirement to designate an authority or authorities responsible for issuing withdrawal orders, … Read more

The EC points out to Latvia the non-compliance with the regulation on limiting the distribution of terrorist content online

As explained by the EC, for example, these countries have not complied with the requirement to designate an authority or authorities responsible for issuing withdrawal orders, and have not notified these authorities to the EC, specifying a public contact point and providing for rules and measures regarding penalties for non-compliance with legal obligations. The presence … Read more

U.S. GDP Grows 2.9% in October-December

U.S. real gross domestic product (GDP) figures for the fourth quarter of last year increased at a faster pace than expected. However, the Fed’s aggressive rate hikes risk slowing growth this year, and underlying demand is showing signs of slowing. Key Point Preliminary real GDP for October-December increased by 2.9% year-on-year compared to the previous … Read more

Ivass estimator, the sentence of the Lazio Tar arrives. Victory (even if partial) of the National Agents Union. Some passages of Regulation 51 of the Supervisory Institute have been cancelled

ROME – There was great expectation for the sentence of the Regional Administrative Court of Lazio, called by the Sna to rule on the legitimacy of some passages of the notorious IVASS Regulation 51with particular attention to the so-called Public estimator.The sentence, which has just arrived, accepts the Sna appeal with one exception: the provision … Read more

“Fu, how disgusting”: Lithuanian indignation about the new EU regulation coming into force is spreading on the Internet

“Wow, how disgusting”, “We won’t be able to buy anything anymore…” – these and similar comments are shared by netizens under Facebook posts announcing the new regulation of the European Commission. It will release cricket powder from the end of January Acheta domestica use in various food products. In response to the skeptical reactions of … Read more

U.S. Treasury Market Expectations of Rate Hikes Fading, Tilts to Modest Tightening in February – Bloomberg

In the US Treasury market on the 6th, the yield turned downward. The December jobs report showed signs of slowing wage inflation, easing speculation about the extent of an eventual rate hike. U.S. Employment Statistics, Average Hourly Wage Slows in December – Employment Increases by 223,000, Unemployment Rate Drops (1) Non-farm payrolls grew faster than … Read more

U.S. Jobs Report Shows Average Hourly Earnings Slowing in December

Last December’s US employment report showed continued strong employment growth, but wage growth slowed. It gave the Fed room to slow down the pace of rate hikes while eliminating the possibility of an imminent recession. Key Point Non-farm payrolls (business site survey, seasonally adjusted) increased by 223,000 from the previous month The median economist expects … Read more

[Column]Reaction to the FOMC minutes, a change from a year ago – Authors – Bloomberg

A year ago on January 5th, the US Federal Open Market Committee (FOMC) announced the minutes of the previous month’s meeting, and the plunge in stock prices in 2022 began. The wording of the minutes shocked the market, sending the S&P 500 down 2% on the day and the 10-year Treasury yield up 5 basis … Read more

Minneapolis Fed’s Endorses Rate Peak of 5.4% to Control Inflation – Bloomberg

Minneapolis Fed President Neel Kashkari said inflation is showing signs of slowing, but the Fed will need to raise interest rates by at least one more percentage point in 2023. “It would be appropriate to keep raising rates for at least the next few meetings until we are confident that inflation has peaked,” he said … Read more