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EU says may ban Brazil meat over health concerns

BRUSSELS, Oct 9 (Reuters) The European Union may resort to a ban on Brazilian meat imports if the South American agricultural giant does not improve food safety standards, the EU's health chief said today ''We do identify weaknesses in Brazil and we have put pressure on Brazil to respond,'' European Health Commissioner Markos Kyprianou told members of the European Parliament.

''If the situation does not improve in the timeframe, which is by the end of the year, we will take whatever measures necessary, including the possibility of a ban,'' he said, reiterating a previous warning of tough action.

Irish farmers have been pressing the European Commission, the EU's executive arm, to get tough with their competitors in Brazil for what they say are substandard conditions.

The Brazilian government and the country's farming industry deny the claims of use of illegal growth hormones and say Brazil is implementing the recommendations of EU animal health officials who visited the country in March.

Kyprianou today said he would not hesitate ''to take any measures necessary, no matter how it affects trade, if it affects the health of EU citizens''.

REUTERS SG VC1433

Blast at weapons factory near Rome injures three

ROME, Oct 9 (Reuters) At least three people were injured today in an explosion at a weapons factory near Rome, police said. The cause of the blast was not immediately clear. The plant at Colleferro, southeast of Rome, belongs to Simmel Defence, which manufactures ammunitions, explosives, missile warheads and rockets for the armed forces in Italy and abroad, according to the company's website. REUTERS SG DS1455.....

UK goods trade deficit narrows in August

LONDON, Oct 9 (Reuters) Britain's goods trade deficit with the rest of the world narrowed as expected in August as the value of exports rose to its highest level in a year, official statistics showed on Tuesday. The Office for National Statistics said that the goods trade gap shrank to 6.853 billion pounds in August, in line with forecasts, from an upwardly revised 7.415 billion pounds in July. The goods trade gap with non-EU countries narrowed to 3.902 billion pounds, also.....

China says to stick to yuan path, open to dialogue

BEIJING, Oct 9 (Reuters) China will stick to its policy of letting the yuan become more flexible over time, the foreign ministry said on Tuesday, in the face of increasing pressure from European countries for faster yuan appreciation. But ministry spokesman Liu Jianchao said Beijing was open to dialogue with its critics, who say the yuan is undervalued, which gives Chinese exporters an unfair advantage on world markets. Euro zone finance ministers said in a statement overnight that they would target.....
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