Indian carriers apprehend that if European Union persists with “illogical demand” of carbon tax, then their flights to Europe could be affected. On the other hand, the Government has made it clear that no Indian carrier has submitted emission details to European Union.

EU carbon tax may hit Indian carriers’ Europe flights

A bill intended to help startups could turn back decades of regulation and amounts to a “bipartisan route to disaster,” former IMF chief economist Simon Johnson writes.

Exclusive: India to urge airlines to opt out of EU carbon scheme – Topix

Argentina Seeks Boycott of U.K. Products

Argentina’s government has asked companies to stop importing products from the U.K., in the latest escalation of tensions between the countries over the Falkland Islands.

Industry Minister Debora Giorgi on Tuesday called around 20 of the nation’s top chief executives and asked them to replace whatever goods they import from the U.K. with products from other countries.