European Union

Confidence in the global drinks industry has been dealt a significant blow by the UK's decision to leave the European Union (EU), an exclusive just-drinks survey shows.

Now that the required threshold has been reached, with 30 Members having formally deposited their instruments of adherence, the count down to the entry into force of the PSMA is underway and on 5 June 2016 the world's first ever binding international accord specifically targeting IUU fishing will become international law.

The world's first-ever international agreement specifically targeting illegal, unregulated and unreported fishing is set to enter into force next month, the United Nations Food and Agriculture Organization (FAO) reported today, highlighting the accord's importance in efforts to ensure sustainable fisheries and responsible fish stock management globally.

British Prime Minister David Cameron has warned local voters that leaving the European Union was the "last thing the economy needs" and would be a vote for recession, Sky News reported on Saturday.

At a news conference to open the IMF-World Bank Spring Meetings, IMF chief Christine Lagarde presented the Global Policy Agenda, which calls for a more potent policy mix of structural, fiscal and monetary actions to lift growth.