Fishing Financial News

Small-scale fisher organisations from India, Indonesia, Bangladesh, Ecuador, and Gambia have asked fisheries subsidies negotiations to be kept out of the World Trade Organization (WTO) and said that the ongoing negotiations on curbing overcapacity and overfishing (OCOF) subsidies are “unfair and unbalanced”. They said that the exemptions for small-scale fishers across developing countries is being restricted by imposing irrational conditionalities. The World Forum of Fisher Peoples and World Forum of Fish Harvesters and Fish Workers have raised concerns at the negotiations which seek disciplines on subsidies such as those for construction, acquisition and modernisation of vessels.

Several commercial fishermen in New England have been sentenced in a fraud scheme that centered on a critically important species of bait fish and that prosecutors described as complex and wide-ranging

IMD) has predicted heavy rain in several districts of Kerala on Monday. The IMD has issued a red alert for Malappuram, Kannur, and Kasaragod districts in Kerala and an orange alert for Ernakulam, Thrissur, Palakkad, Kozhikode, and Wayanad districts. The Met office has also issued a yellow alert for Pathanamthitta, Alappuzha, Kottayam, and Idukki districts on Monday due to the possibility of very heavy rain.

Union budget round the corner, it's customary to discuss fiscal prudence and consolidation. But it's also the right time to talk about the need for policy changes, especially those that can unshackle the agriculture sector. First, a word of caution for votaries of minimum support price (MSP) as the primary tool of making the agriculture sector work better. Total value of agricultural and allied output in India is about ₹56 tn, out of which share of food grain is only 17%. Out of this, GoI is able to procure through MSP only 6% of the total agri and allied output, though it has entailed an expenditure of ₹3.4 lakh cr in FY23. (Interestingly, GoI procures 92.8% and 73.6% of paddy produced by Punjab and Haryana, respectively. For wheat, these ratios are 72% and 56.6%, respectively.) Livestock at 31% tops the list, followed by vegetables, fruit and spices at 26%. Fishing and forestry produce corner 7% policy share each. So, it's a grave policy mistake to use MSP as the primary tool of price discovery in agriculture, not to mention as a political tool. Alternatively, the politics of 6% procurement clearly obfuscates a better deal for the 71%.

As climate change disrupts ocean temperatures, a significant trend is emerging: more sharks are heading north into Canadian waters. And experts say Canadians may need to get used to these new marine neighbours as sightings increase along the coast.

China is the world’s largest textile producer and consumer, throwing away 26 million tons of clothes each year, mostly made of unrecyclable synthetics

U.S. wildlife officials are embracing a contentious plan to deploy trained shooters into dense West Coast forests to kill almost a half-million barred owls in coming decades

Mihir Shah, son of a prominent political leader in Maharashtra's Palghar district, has brought attention to a tragic hit-and-run incident that claimed the life of Kaveri Nakhwa. The incident occurred early Sunday morning as Kaveri and her husband, Pradeep Nakhwa, were returning home after purchasing fish from Sassoon Dock. «He was arrested after three days, what does this mean? If he wasn't alcoholic, if he hadn't taken drugs, then why did he go into hiding?...why was he absconding for three days? You abandoned the vehicle on the way and broke the number plate before running away...now after three days, there won't be any traces of alcohol in his body and he will have 20 lawyers with him,» teary-eyed Pradeep Nakhwa said. Pradeep Nakhwa vividly recalled the horrific moment when his wife was dragged under the wheels of Shah's BMW: «He dragged her (under the wheels) in front of me. There's no one for us,» he tearfully recounted.

A lot of politicians have promised change to voters in Hartlepool, a wind-whipped port town in northeast England

wildlife officials have introduced a plan to deploy trained shooters into dense West Coast forests to eliminate nearly half a million barred owls to protect the endangered spotted owl populations in Oregon, Washington, and California. This strategy, detailed by the U.S. Fish and Wildlife Service, aims to counter the decline of spotted owls, as barred owls have increasingly crowded out their smaller cousins. Spotted owls struggle to compete with barred owls, which have larger broods and need less space to survive, as per the reports of Yahoo news.

The U.S. and Canada say they have agreed to update a treaty that governs the use of one of North America’s largest rivers, the Columbia, with provisions that officials said would provide for effective flood control, irrigation, and hydropower generatio...

Anganwadis, schools, and pre-university colleges in Dakshina Kannada district are closed on July 6 due to heavy rainfall as IMD has issued a red alert. Kannada District Deputy Commissioner Mullai Muhilan issued an order that mentions the closure of Anganwadis, schools and pre-university colleges. «All Anganwadis, schools, and pre-university colleges on July 6, in response to a red alert issued by the India Meteorological Department (IMD) for heavy rainfall in the district,» Kannada District Deputy Commissioner Mullai Muhilan said in an order.

Mumbai: In another tragic hit-and-run incident, a woman tragically lost her life after a BMW collided with the bike she was riding with her husband early on Sunday morning. According to a report from TOI, the couple, residents of Worli, Mumbai, were heading to fetch fish when the accident occurred. The collision was so severe that the 45-year-old woman was thrown onto the car's bonnet. Rather than stopping, the driver continued for approximately 100 metres before fleeing the scene. The injured woman was rushed to Nair Hospital, where she was pronounced dead.

Kerala and Tamil Nadu are likely to experience the 'kallakkadal' phenomenon — the sudden swell of the seas causing rough waves — and high tides till 11.30 pm on Monday, according to the weather agency. The Indian National Centre for Ocean Information Services (INCOIS) on Sunday sounded an alert to fishermen and coastal residents in the area about the possible sea surge. INCOIS, the central agency that issues weather warnings for fishermen in the country, advised people to safely moor their fishing vessels in the harbour. It advised coastal people, living in accident-prone areas, to relocate to safer places in view of possible danger.

Showing the Position on Map In a noteworthy move ahead of SCO summit and Indian PM’s Moscow visit, Russian stateowned media Sputnik has published a map of SCO member states and dialogue partners that displayed PoK as part of India. Clearly, the message can’t be missed, and the move may not go down well with either Pakistan or China, both SCO members. Russia has always maintained that the entire Kashmir is part of India.

The Supreme Court has upended a 40-year-old decision that made it easier for the federal government to regulate the environment, public health, workplace safety and consumer protections

Finance Minister Ajit Pawar announced on Friday that the subsidy of Rs 5 per litre for milk producers in Maharashtra will be extended, as he presented the state's budget for 2024-25 in the legislative assembly. This budget marks the final one before the assembly elections for the BJP-Shiv Sena-NCP government. Pawar also stated that the state plans to establish 18 new medical colleges. Milk Producer Subsidies Pawar further mentioned that Rs 223.83 crore in subsidies have already been disbursed to 2.93 lakh registered milk producers at the rate of Rs 5 per litre. He assured that the remaining subsidy will be distributed promptly. Farming Initiatives

The site of Tokyo’s famed Tsukiji fish market left empty after it was razed six years ago, will be replaced by a waterfront stadium and glistening skyscrapers according to plans for its redevelopment

Basket style air fryersBasket-style air fryers are small and compact, ideal for limited counter space or those needing a portable option. They have a smaller cooking capacity than countertop or toaster oven models but can still cook various foods.

The Canadian government has ended the Newfoundland and Labrador cod moratorium, which gutted the Atlantic-coast province’s economy and transformed its small communities more than 30 years ago

An attorney for the publisher of The Sun tabloid has accused Prince Harry of destroying evidence it was seeking in his lawsuit claiming the newspaper violated his privacy