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Search Results for: America

1723 results out of 1723 results found for 'America'.

ISSB PUSHES FOR ITS STANDARDS TO BE SUSTAINABILITY REPORTING GLOBAL BASELINE

An International Sustainability Standards Board (ISSB) symposium in Montréal, Canada, has heard how accounting standards experts are striving to build a “global baseline” of regulation based on ISSB standards, despite the contrasting guidance being developed worldwide. 

Speaking at the event on Friday (Feb 17), Mark Carney, UN special envoy for climate action and finance, and former central bank governor for the UK and Canada, said of the baseline: “It’s critical. You need compatible information.”  

Mr Carney stressed ongoing discussions between the ISSB and major jurisdictions, such as the EU (European Union), the USA and Japan, about the need for regulatory harmony.

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UK-GERMANY NEUCONNECT INTERCONNECTOR COULD PROVIDE MODEL FOR CHEAP CLEAN ENERGY DISTRIBUTION

In late-July, the European Investment Bank (EIB) agreed on the financing structure of NeuConnect, the first ever energy link connecting Germany and the United Kingdom, two of the largest electricity markets in Europe.

The investment to build the interconnector will amount to EUR2.8 billion, with the EIB set to contribute up to EUR400 million for the financing construction of the section within the European Union (EU).  Other financiers include the UK Infrastructure Bank, which will focus on the stretch within UK maritime and land territory, and the Japan Bank for International Cooperation (JBIC).

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SUSTAINABILITY ACCOUNTING STANDARDS – IMPACT ON TEXTILES INDUSTRY



INTRODUCTION 

 

ACCOUNTING used to be restricted to financially measurable matters of profit and loss; expenditure and revenue; taxes and subsidies; investment and liabilities. But the mathematical and statistical skills underpinning a solid set of books and filed accounts are today increasingly being used to measure the environmental and social sustainability of a product, input, production process and supply chain.…

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THE OUTSOURCING/NEARSOURCING/RESHORING STRUGGLE WITHIN THE PROTECTIVE AND PERFORMANCE TEXTILE SEGMENTS



INTRODUCTION

 

The Covid-19 pandemic has sparked a reassessment of the model of relying on one or two outsourcing locations. It has demonstrated that when there is a major disruption caused by an emergency as serious as a pandemic, shipping and industrial processing can be disrupted.…

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REPUBLICAN AND DEMOCRATIC POPULISM



Populism, the force that elected Donald Trump to the US presidency in 2016, is not a new creed – representing, as it does, a distrust by the mass of voters of political and business elites. Indeed, in America, a formal ‘People’s Party’, also called the Populists, was formed in 1892 and ran in that year’s presidential election, with some success, gathering 8.5% of the vote.…

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TRUMP LOST AN ELECTION BECAUSE OF PERSONAL ENMITY NOT POLICY – BUT WILL HIS REAL ACHIEVEMENTS SURVIVE HIS DEFEAT?



Every four years, the presidential US election reminds the world that democracy can work – that even the leader of the world’s most powerful country can lose power at the hands of voters. Sure, there is some repetition – today’s losers in Washington are those who won in 2016.…

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DEMOCRATS AND REPUBLICANS: NOT TWO SIDES OF THE SAME COIN



Since its foundation, the United States has regularly seen opposition party presidents defeat the candidate of the incumbent ruling party. Indeed, since the 1920s (when Republican presidents held sway), only one ruling presidential candidate won an election to replace a predecessor from the same party – President George Bush Snr in 1988.…

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WHERE ARE ARABS IN THE DONKEY & ELEPHANT RACE?



Every four years, people worldwide, armed with statistics, predictions and expectations, gaze at traditional, smart, and portable screens, waiting for an anticipated globally important event. Some observers are enthusiastic, others are indifferent – but everyone awaits the results.

But this is no sporting championship.…

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NON-BIG THREE MANUFACTURERS FIGHT UNIONISED WORKER ONLY EV TAX CREDIT, AS CONGRESS CONSIDERS VOTE



 

Opposition is mounting outside the Big Three US auto manufacturers to proposed federal tax credits for electric vehicle purchases within proposed House of Representatives and Senate versions of the Build Back Better Act.

With a House vote maybe happening this week, representatives of foreign-owned and non-union manufacturers as well as the Canadian and Mexican governments, are pushing for changes to the tax credit packages under discussion.…

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FALLS IN KEY SUPPLIES AND DOMESTIC MARKET WEAKNESSES PREVENT MEXICO AUTOMAKERS FROM RECOVERING AS COVID-19 EBBS



Automotive associations and manufacturers in Mexico admit that their country’s automotive industry is registering a much slower rate of Covid-19 recovery than expected due to supplies shortages, which have especially impeded light vehicle production – cars, CUVs, SUVs and pick-ups.

In early October, the Mexican Automotive Industry Association, (Asociación Mexicana de la Industria Automotriz – AMIA) noted that light vehicle sales in September in Mexico were 76,930 units, meaning 1.1% less than the number recorded during September 2020, when the pandemic was ravaging Mexico’s economy, which lost 8.5% of its GDP last year (2020).…

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INDONESIA ULEMA COUNCIL BOARD’S RULING ON HARAM CRYPTO MAY BE CHALLENGED BY OTHER SCHOLARS



On November 11 (2021), Indonesia’s National Ulema Council (MUI), the country’s top Muslim clerical body, ruled that “using” cryptocurrency is haram, due to its “uncertainty” and “potential for wagering and harm”. 

The ruling, which was not accompanied by any public clarification of MUI’s position on what constitutes “using” cryptocurrency, sent ripples through the Islamic world and reignited discussions about the role of the rapidly expanding digital assets sector in Sharia-compliant finance. …

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HALAL AND NON-HALAL EXPERTS WORK TO TREAT ANIMALS HUMANELY – BUT LIVESTOCK CONSCIOUSNESS AT KILLING REMAINS A CONCERN



Halal experts and animal welfare activists around the world are seeking common ground on how to keep and slaughter animals in the most humane ways possible. Halal certification systems that forbid pre-slaughter stunning as haram is becoming an increasingly acute issue for countries with strong animal welfare culture traditions and growing Muslim populations.…

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THE DEAL OF THE CENTURY AND NEGOTIATIONS IN THE FOOTSTEPS OF THE PROPHET MUHAMMAD



While in recent years, the peaceful approach to progress associated with Islam has not been given a high-profile, because of the activities of extremists, the truth is that there is much to be learned from the Noble Prophet Mohammed about the value of incremental negotiation.…

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THE BITTER FRIENDS - HANIYEH AND NETANYAHU SERVE EACH OTHER, WHEN NECESSARY



For nearly a hundred years, the city of Jerusalem has been the scene of violent confrontations between Jews and Arabs. This is the most recent of struggles over this most disputed city that have continued for more than three thousand years.…

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EL SALVADOR CLOTHING INDUSTRY BOSS PILOTS SALVADORAN TEXTILE AND CLOTHING INDUSTRY OUT OF COVID CRISIS



The executive director of the Chamber of the Textile and Apparel Industry, of El Salvador (CAMTEX – Cámara de la Industria Textil) has told Just Style how her manufacturing hub is seizing market opportunities growing as Covid-19 ebbs.

Patricia Figueroa, who has been in her job since 2015, also highlighted the challenges the Salvadoran clothing and textile industry will tackle in 2021-22, with CAMTEX’s help.…

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CANADIAN PARTS SECTOR COULD SUFFER FROM TRUMP IMMIGRATION TARIFFS ON MEXICO



THE CANADIAN auto parts sector is likely to suffer should the Trump administration go ahead with plans to impose escalating duties on Mexican exports to the USA to force Mexico to further restrict immigration into America.

With President Donald Trump yesterday (June 5) claiming talks with the Mexican government have been insufficiently productive, the US is poised to impose 5% duties on all imports from Mexico on June 10.

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INNOVATIVE ONLINE MERCEDES-BENZ FASHION WEEK ISTANBUL EXPANDS GLOBAL REACH OF TURKISH CLOTHING AND TEXTILE SECTOR



Istanbul is gearing up for its second fashion week of 2021, with the expectation of repeating the success of previous virtual events that reached some 25 million viewers worldwide.

With a physical Mercedes-Benz Istanbul Fashion Week (IFW) not feasible in 2020 due to the Covid-19 pandemic, the organisers pivoted to a virtual event.…

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EL SALVADOR’S ADOPTION OF BITCOIN POSES IMPORTANT QUESTIONS FOR INTERNATIONAL ACCOUNTANTS



Accountants are grappling with the implications of El Salvador formally adopting Bitcoin (BTC) as legal tender on September 7, alongside USD, which has been the country’s legal tender since 2001, when the country withdrew its national Colón currency.

While USD will remain the most important currency in El Salvador, remaining the reference currency for accounting purposes, with greenback banknotes and coins still circulating, the Bitcoin Law that established the cryptocurrency in El Salvador (1) will be a challenge and opportunity for businesses.

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FINLAND CAN MANUFACTURING INDUSTRY BUOYED BY NATIONAL MARKET FAVOURING CANNED BEER



THE FINNISH can manufacturing industry has been growing, with new production coming online in the past 10 years to diversify a sector that is able to draw on effective access to raw materials and a highly skilled workforce.

Both Rexam (now part of Ball) and Poland-based Canpack operate efficient Finnish can-making plants.…

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LIBERALISATION OF CANNABIS IS EASING CONTROLS ON HEMP FIBRE PRODUCTION



The increasing decriminalisation and legalisation of cannabis as a recreational and medicinal substance has encouraged the liberalisation of hemp as a fibre crop, whose use in some jurisdictions had been restricted because of laws against the plant’s chemically-active ingredients.

This is starting to change, most notably in the USA, which used to have severe anti-marijuana laws, but which now has 18 states that have legalised recreational cannabis use.…

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RENEWABLE DIESEL BOOM MAY OFFER LOW CARBON LIFELINE FOR AMERICAN TRUCK AND HEAVY PICK-UP SECTOR



Production of a new drop-in biofuel that is truly user-friendly for the USA automotive industry – especially for trucks and larger pick-ups – is expected to boom in the next three years, as major refineries for ‘renewable diesel’ come onstream.

While it uses the same soy or other bio-feedstock as traditional biodiesel, the manufacturing process is completely different, and it is popular for automakers because it can be easily substituted for fossil fuels without changing combustion systems.…

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COVID-19 DISRUPTION OFFERS AMERICAS TEXTILE COMPANIES CHANCE TO GRAB AND HOLD NEW MARKETS



The relationship between the USA textile industry and its counterparts in Latin America has never been straightforward, given the US exports fabrics and fibre to its neighbours as well as importing apparel, but the Covid-19 pandemic has increased complexity in this relationship.…

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KNITWEAR INTERNATIONAL INNOVATION ROUND UP



With its complex supply and distribution chain, the international knitwear sector fosters innovation, with commercial partners cross-fertilising technical and design ideas that span digitisation and mechanical smarts, as well as consumer-focused creativity.

One key area of innovation in the past year has been warp knitting – for instance by leading northern Italian warp seamless knitwear manufacturer Cifra (1), which last December (2020) launched an innovative and sustainable garment concept for women, spanning beachwear, athleisure bodywear and lingerie.…

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INNOVATIVE ONLINE MERCEDES-BENZ FASHION WEEK ISTANBUL EXPANDS GLOBAL REACH OF TURKISH CLOTHING AND TEXTILE SECTOR



Istanbul is gearing up for its second fashion week of 2021, with the expectation of repeating the success of previous virtual events that reached some 25 million viewers worldwide.

With a physical Mercedes-Benz Istanbul Fashion Week (IFW) not feasible in 2020 due to the Covid-19 pandemic, the organisers pivoted to a virtual event.…

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WILL THE ARAB POLITICAL MIND REMAIN CAPTIVE TO THE HISTORY?



Only a foolish person would deny the importance of culture and historical consciousness on the present behaviour of humankind, and that counts maybe double for the Arab world, where citizens often view society through a more ideological or religious lens than – say – in the west.…

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THE CORONAVIRUS HAS FUELLED RENEWED GEOSTRATEGIC COMPETITION



A key political question emerging from the Coronavirus pandemic has been how the disease might readjust relations between this world’s two largest powers – the United States and China. The two countries have had two very different experiences of Covid-19, which reflect their contrasting social and political systems.…

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CRYPTO-CURRENCY WORLD MORPHS AND DEVELOPS NEW AML/CFT RISKS AS TI CHANGES



Cryptocurrency innovation is moving fast, with AML/CFT-oriented financial institutions and law enforcement struggling to keep up as criminals exploit the system through newer technology such as decentralised finance and anonymous privacy coins.

The use of cryptocurrencies is surging, and is increasingly being adopted in more, often unregulated, markets.…

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LAWYERS BATTLE OVER WHETHER EU BENEFICIAL OWNERSHIP ARE A STEP TOO FAR FOR DATA PROTECTION



AS the European Union (EU) debates the proposed creation of a supra-national EU Anti-Money Laundering Authority (AMLA) and associated reforms to EU AML/CFT law, it must take privacy concerns into account, the European Data Protection Supervisor (EDPS) has argued.

In a comprehensive and detailed comment on the proposed new EU AML/CFT regulation and directive, the EDPS, an EU agency with powers to regulate the EU general data protection regulation, has said it supports these proposed laws’ embrace of the risk-based approach, which implies measures “as effective as possible and as less intrusive as possible”.…

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EXCELLENCE IN SUSTAINABILITY GIVES TURKISH CLOTHING AND TEXTILE SECTOR CUTTING EDGE IN GLOBAL MARKETS



Turkish apparel manufacturers are investing significant sums of money in sustainability and traceability, implementing international standards, and adopting digitalisation in anticipation of more consumer demand for eco-friendly products.

With Turkey a higher-end (and cost) apparel manufacturing hub than east Asia, Egypt or Africa, the country’s industry is banking on its value-added production to retain as well as expand exports to Europe and North America.…

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TURKEY LOOKS TO REINVIGORATE ITS USA EXPORTS



The Turkish apparel sector is looking to build on its long-standing record as a major apparel producer for the American market, offering quality products at a swifter time-to-market than its key competitors in Asia, especially China.

Turkey’s apparel exports to the USA remain robust – at around USD1 billion-a-year according to Mehmet Kaya, a board member of the Istanbul Apparel Exporters Association (İstanbul Hazır Giyim ve Konfeksiyon İhracatçıları Birliği – İHKİB).…

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TEXTILE AND CLOTHING SECTOR WARNS OF JOB LOSSES IF USA PUSHES ETHIOPIA OUT OF AGOA



Ethiopian textile and clothing managers and workers are worried that the USA may expel their county from the African Growth and Opportunity Act (AGOA) trade access, as armed conflict continues in Tigray.

The US Trade Representative Katherine Tai has said America would “soon” decide on Ethiopia’s status under AGOA, which gives its clothing and textile exporters duty-free access to the United States.…

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IS A US-CHINA WAR REALLY COMING?



One of the most important changes in geopolitics in the past 10 years has been the rise of China’s economic and military power, which has grown so much, its influence is now a serious rival to the hegemony of the United States.…

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CORONAVIRUS BECOMES A POLITICAL BEHEMOTH



While the human misery created by the coronavirus Covid-19 is undeniable, with 4.7 million deaths formally assigned to the disease by October 2021, and many more doubtless unrecorded, the pandemic has had another major impact – on politics.

This is because the disease, being highly infectious, caused governments to take public health measures that affect all their citizens, far more comprehensive than any other such policies in history.…

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TOWARDS A THIRD PATH... CAN AN ARAB “MARSHALL PLAN” BE ESTABLISHED? -Historical and political epitome-



After the Second World War, Europe emerged economically and socially drained. The war had destroyed so much housing, industry and infrastructure and killed millions of people. Unsurprisingly, the societies of countries who had fought – or been fought over – and that was most of the continent – were brought their knees by the conflict.…

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TWENTY YEARS SINCE THE EVENTS OF 9/11: WHICH IS WORSE, THE BEGINNING OR THE END?



Hubris comes in many forms, but surely the rushed exit of American forces from Afghanistan to meet an artificial political deadline of the 20th anniversary of the September 11 attacks in the USA is a breathtaking example.

Rather than strengthening the agents of reform in Afghanistan, upon which the US and its allies have inefficiently spent trillions of dollars, this helter-skelter exit has undermined them, leaving at the mercy of a resurgent Taliban.…

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A Year since COVID-10: The Challenge and the Response



The Covid-19 pandemic, as a global crisis, will have worldwide long and short-term effects, although – of course – some counties have been, and will be, hit much harder than others.

Indeed, some countries, with fragile economies and weaker social systems, have been brought close to collapse by the coronavirus.…

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UNITED STATES EDIBLE OILS SECTOR FACES MAJOR SHAKE-UP THROUGH RENEWABLE DIESEL



 

An anticipated surge in supply and demand for renewable diesel, fuel that is chemically identical to its fossil fuel predecessor, is likely to cause major disruption to the American vegetable oil market and industry, notably soy.

With the US government and certain states regarding renewable diesel as a swift way to further reduce carbon emissions and meet Paris agreement climate change targets, the prospects for major additional purchases of soybeans within the American domestic market are very real.…

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EUROPE AND US CCS PROJECTS TAKE OFF – WITH TWO APPROACHES TO DECARBONISATION



European and US interest in carbon capture and storage/sequestration (CCS) and carbon capture utilisation and storage (CCUS) is continuing to surge as governments make ever more ambitious climate change commitments.

In tandem with improvements in technology mean capturing carbon dioxide (CO2) emitted from industrial processes, power generation or directly from the air, and either storing or using it, CCS/CCUS is no longer viewed as a marginal solution with limited applications. …

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FRAUD HITS GLOBAL GIANTS HARD, DESPITE INCREASED DEFENCES - KROLL



Fraud, corruption and money laundering is hitting the world’s biggest corporations hardest, despite these companies bolstering their financial crime defences, according to Kroll’s latest annual Global Fraud and Risk Report (1). Risk specialists Kroll surveyed 1,336 senior executives from 17 countries worldwide and found 57% from companies with a turnover topping USD15 billion had experienced a “very significant” impact from such crimes, compared to 36% overall.…

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FOSSIL FUEL-RENEWABLES BALANCE IN GULF OFFERS ACCOUNTANTS OPPORTUNITY TO FLEX DIVERSE SKILLS



Young and aspiring accountants might balk at the idea of working in the Gulf Cooperation Council (GCC) region’s oil and gas sector. A connection to hydrocarbons amid growing societal pressure to de-carbonise economies can, in some circles, attract criticism.

But for GCC accountants, the ability to combine financial reporting with every increasing sustainability assessment tool, means oil and gas might be a good long term career bet.…

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JAPAN PAINT COMPANIES PULL AWAY FROM COVID-19 SLUMP, BUT STRUCTURAL NEED FOR EXPORTS REMAINS



Japanese paint companies have felt the impact of the coronavirus pandemic on their bottom lines over the last 18 months, although their fortunes appear to have diverged in the first half of this calendar year. Firms that have a strong presence in China, where the economy has already bounced back strongly, are faring better than those that are primarily focused on domestic sales or export markets still struggling to shake off the lingering effects of the global health crisis.…

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TBML EXPORT SAYS USA 2020 TRADE DATA SHOWS ABNORMAL PRICING THAT MIGHT REFLECT AUDACIOUS TBML



Analysed USA trade data from the professor who coined the phrase ‘trade-based money laundering’ have unveiled significant abnormal pricing in exports and imports to and from the USA, which could have been abused for ML. Prof John Zdanowicz, a business professor at the USA’s Florida International University, and long-standing TBML expert, shared analysed 2020 US trade data with MLB, and they include some eye-widening anomalous valuations.…

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TUNISIA’S HONORIS INNOVATING MEDICAL SIMULATION TEACHING IN COVID ERA



A high-tech medical simulation centre in Tunisia has found a winning solution to teaching technical clinical procedures online, meeting student and professional training needs during the Covid-19 pandemic, while opening up opportunities for remote learning and medical research across Africa. The Honoris Medical Simulation Centre (1), in the capital Tunis, part of the Honoris United Universities network of African higher education institutions (2) was opened just 14 months before the pandemic struck in earnest, on November 10, 2018.…

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INTERNATIONAL REGULATORY ROUND UP – TRANS-ATLANTIC KNITWEAR TRADES BENEFIT FROM END OF AIRBUS DISPUTE



A trade war over airplane manufacturing subsidies between the USA and UK, which has led to 25% additional duties being levied on British knitwear exports to America, appears to have been resolved. The EU and the USA have suspended for five years retaliatory duties that both sides have imposed on each other’s exports in the long-running ‘Airbus’ subsidy dispute.…

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TECHNICAL ROUND UP - IASB AND FSB TOGETHER MULL AMORTISATION OF GOODWILL



The International Accounting Standards Board (IASB) will consider allowing the amortisation of goodwill, maintain some harmony with USA GAAP (generally accepted accounting principles). A joint US Financial Accounting Standards Board (FASB)/IASB education meeting discussed FASB plans to allow goodwill amortisation. “Most of those respondents commenting said that convergence on this topic with US GAAP was desirable,” said a meeting note.…

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LA ARENA APPAREL INDUSTRIAL PARK IS READY TO BOOST HONDURAS MAQUILA INDUSTRY AFTER COVID-19 LOW



After completing the technical testing required, central America’s largest apparel factory is about to open in Honduras, producing sportswear for major brands such as Nike or Under Armour, an executive informed just-style.
La Arena, the Tegra Global-owned industrial park in San Pedro Sula, in the country’s north, will receive around 100 employees during the last week of August – its inauguration was delayed from January because of the Covid-19 pandemic.…

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RANSOMWARE POSES INCREASING RISK TO MAJOR COMPANIES



The cyber-attack on the Colonial Pipeline Co in the USA, which sparked the temporary closure of the eastern United States’ most important fuel pipeline, has focused attention on the risks posed by ransomware on major companies. These risks are increasing. Keith Nuthall reports.…

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GLOBAL MASK MANUFACTURING INDUSTRY AND MARKET WILL REMAIN ROBUST AFTER COVID-19



INTRODUCTION

 

THE MANUFACTURE of protective masks has been maybe the largest growth area in the international textile and non-wovens industry during the Covid-19 pandemic. Billions of people have donned masks as they seek to avoid catching a disease that by June 11 (2021) had killed 3.7 million people and infected 175 million [1].…

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US DOLLAR’S DOMINANCE BEING CHALLENGED BY CRYPTO – BUT WILL THIS WEAKEN AMERICAN SANCTIONS AND AML ENFORCEMENT?



AMERICA has long been the global policeman of international sanctions, including breaches of AML rules, but evidence suggests that the US dollar’s use in international transactions could be weakening and is having to compete with the rising power of crypto currencies.…

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WASHINGTON SHOULD WORK WITH ARAB STATES TO SECURE PEACE WITH IRAN - KEEPING CHINA AND RUSSIA AT BAY



President Joe Biden may think he has three main foreign policy priorities this year – China, Russia and Iran – but the truth is, as far as the Middle East is concerned, all these challenges roll into one.

That is because both China and Russia are seeking increased influence in the Middle East, and hoping for potential missteps from the USA over the Iran file to leverage their diplomatic positions.…

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GLOBAL MICROCHIP SHORTAGE PROMPTS ONGOING CONCERN OVER MANUFACTURING CAPACITY IN US AUTO SECTOR



GLOBAL ratings agency Fitch has warned that the current global shortage in semiconductor supplies is expected to continue – a major worry for automotive manufacturers and traders seeking to ramp up production as Covid-19 declines, especially as vehicles become ever more reliant on micro-chips.…

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ILLEGAL DRUGS ARE STILL THE LARGEST SOURCE OF DIRTY MONEY WORLDWIDE



 

The narcotics trade was a prime motivator to enact global anti-money laundering regulations to curb dirty money flows. Over 30 years later, drug trafficking is still considered the largest transnational crime by international law enforcement agencies. It is worth an estimated USD344 billion-a-year, according to Interpol, followed by counterfeiting crimes (USD288 billion) and human trafficking (USD157 billion).…

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MEXICO CLOTHING INDUSTRY TO IMPROVE AMERICAN TRADE RELATIONS UNDER BIDEN ADMINISTRATION



With President Joe Biden assuming office in the United States, the Mexican clothing and textile industry is hoping improved trading relations, building on the legacy left by former President Donald Trump that it regards largely positively.

The Mexican Apparel Association (CANAIVE – Cámara Nacional de la Industria del Vestido) was particularly happy with the renegotiation of the North American Free Trade Agreement (NAFTA), now called the US-Mexico-Canada Agreement: “USMCA opened new opportunities for our industry while seeking to obtain a more solid regional integration,” said CANAIVE, in a note to just-style.…

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EU COMMISSION FINES THREE BANKS EUR371 MILLION OVER BOND CARTEL



 

The European Commission has fined three banks, UBS, Nomura and UniCredit a combined total of EUR371 million (USD452 million) over their role in a European government bond (EGB) cartel involving four other banks. All three deny wrongdoing and are considering or will appeal the fines before the European Court of Justice (ECJ).…

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USA IMPOSES TOUGHER SANCTIONS ON RUSSIA OVER CYBERATTACKS, ELECTION MEDDLING AND ASSASSINATIONS



CONCERN about continued Russian meddling in American elections, the ‘SolarWinds’ backdoor hack into major US institutions, and targeted assassinations of dissidents abroad, have sparked the imposition of major new sanctions powers by President Joe Biden,

Declaring a national emergency to fight the cyber-crime threat posed by Russia, Biden released an executive order giving his administration wide-ranging powers to freeze and block asserts of Russian individuals and companies deemed associated with these Russian intrusions.…

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CONCERNS RAISED IN CANADA ABOUT MONEY LAUNDERING AND AUTO SALES



A PUBLIC inquiry in British Columbia, Canada, has increased concerns about how auto dealers maybe exploited by criminal networks to launder dirty money. Purchasers can be prepared to pay high prices for vehicles in cash, with dealers struggling to identify the source of these funds.…

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INDIA’S CLOTHING AND TEXTILE MANUFACTURERS HIT HARD BY BRUTAL SECOND COVID-19 WAVE



THE INDIAN clothing and textile manufacturing sector is facing renewed disruption as India is hit by a brutal second wave of Covid-19.

“Labour has [partially] gone, production is down and demand is falling,” Sanjay Arora, business director at consultancy firm Wazir Advisors told just-style.…

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CONFECTIONERY LEADERS SEE LONG ROAD AHEAD FOR POST-COVID RECOVERY



The confectionery industry has weathered Covid-19 lockdowns better than many sectors, even seeing a rise in consumer demand across Europe. But producers of fresh bakery products have been hit hard, as have baked goods and confectionery firms that focus on catering.…

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COVID-19 TOBACCO SMUGGLING AND COUNTERFEITING IS BOON FOR ORGANISED CRIME



 

Covid-19 has reshaped commercial crime, and one lucrative offence taking a real turn for the worse is tobacco smuggling and counterfeiting. Keith Nuthall reports.

 

The Covid-19 pandemic has depressed incomes worldwide and forced lower income smokers to look for cheap smokes, which has included counterfeits or smuggled goods.…

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COVID-19 TOBACCO SMUGGLING AND COUNTERFEITING IS BOON FOR ORGANISED CRIME



 

There is no doubt that the Covid-19 pandemic has fuelled the black-market trade in illicit and smuggled licit tobacco products. The disease has depressed income and forced lower income smokers to look for cheap smokes, which has included counterfeits or smuggled goods.…

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MOZAMBIQUE TOBACCO LEAF SECTOR FACES TOUGH TIMES



Mozambique’s tobacco leaf and processing sector is facing tough times. Cyclones such as this January’s Eloise, and Idai in 2019 have wreaked significant damage on tobacco plantations. Covid-19 has caused processing disruption and harmed legitimate distribution, encouraging an increase in black market cigarette sales.…

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COVID-19 HAS BEEN A MIXED BLESSING FOR CZECH DIGITAL TEXTILE PRINTING SECTOR



The Czech Republic’s digital textile printing business continued to thrive in 2020, with the Covid-19 pandemic’s e-commerce boom boosting trade rather than hampering the sector. Europe’s leading print-on-demand provider Spread Group, which was founded 18 years ago under the name Spreadshirt, and has a key plant in the Czech Republic, had a record year.…

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SOYBEAN OIL - A COVID-19 SUCCESS STORY THAT MIGHT LAST



With global markets and daily consumer habits being disrupted for almost a year due to the ongoing global Covid-19 pandemic, some oils and fats sales have grown – and a key example is soybean oil. This is true worldwide, from North and South America, to Africa, Asia, and Europe.…

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CASH STILL KING FOR MONEY LAUNDERING, DESPITE IN CRYPTO AND ECOMMERCE FIAT TRANSACTIONS



Anti-money laundering specialists may be focusing on how crypto-currencies and online transactions pose an increasing ML/TF risk, especially with Covid-19 encouraging ecommerce, but the reality is that cash remains the money launderers’ best instrument for moving dirty money.

That is the conclusion of Gabriel Hidalgo, a managing director at risk specialists K2 Integrity, in New York: “Cash is king for ML; it continues to be king; and on the majority of levels, illicit actors will continue to use cash,” he said.…

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BRITAIN’S TRADITIONS OF SOFT POWER CAN OFFER POWERFUL EXAMPLE TO ARAB WORLD



In 2021, when the UK has thrown away its most precious diplomatic asset, its membership of the European Union, for dubious democratic gains, burning major European civil rights enjoyed by Britons and causing likely economic long-term damage, it is maybe time to recall when Britain followed more enlightened international policies.…

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BRITAIN’S TRADITIONS OF SOFT POWER CAN OFFER POWERFUL EXAMPLE TO ARAB WORLD



 

In 2021, when the UK has thrown away its most precious diplomatic asset, its membership of the European Union, for dubious democratic gains, burning major European civil rights enjoyed by Britons and causing likely economic long-term damage, it is maybe time to recall when Britain followed more enlightened international policies.…

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BIDEN NEEDS TO RECOGNIZE SYRIAN GOVERNMENT HAS WON WAR AND START PEACE TALKS



The US new administration of President Joe Biden has a real opportunity to help forge peace in Syria, and if it succeeds, it could reap a series of important foreign policy goals.

This Levant country needs calm and reconstruction. For that to happen, the Biden team needs to recognise that the Baathist regime of President Bashar Hafez al-Assad has won this conflict, and still has rights in areas controlled by Kurds.…

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BIDEN NEEDS TO RECOGNIZE SYRIAN GOVERNMENT HAS WON WAR AND START PEACE TALKS



The US new administration of President Joe Biden has a real opportunity to help forge peace in Syria, and if it succeeds, it could reap a series of important foreign policy goals.

This Levant country needs calm and reconstruction. For that to happen, the Biden team needs to recognise that the Baathist regime of President Bashar Hafez al-Assad has won this conflict, and still has rights in areas controlled by Kurds.…

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BIDEN ADMINISTRATION NEEDS STEELY DETERMINATION TO MAKE IRAQ SUCCEED



Now Joe Biden has acceded to power in Washington, it is important that his administration gives special attention to Iraq, not the least because many Iraqis blame him for some dismal failures in past America policy. Under former President Barack Obama’s term of office, it was then Vice President Joe Biden who was largely responsible for the policy fudge which saw ISIS take over 40% of the country.…

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ISLAM CAN GROW AND PROMOTE GOODNESS BY FOLLOWING GOD’S TRUE WORD, IGNORING THE FALSE PROPHETS OF TERROR



For a religion to be strong, it must be confident in itself: solid in its convictions and robust in its humility. While its true adherents should imbue its principles within their souls, such depth of faith should enable believers to accept others may follow a different creed.…

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THE RECP - HOW THE WORLD’S BIGGEST FREE TRADE AGREEMENT WAS SIGNED AND HOW IT WILL CHANGE ASIA



Brief:

This article provides an analysis of why the world’s largest regional trade deal (in population terms) – the Regional Comprehensive Economic Partnership (RCEP) – was signed last November (2020). It assesses China’s role in this important political and economic event, and how it reflects its relations with other signatory countries.…

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BIDEN ADMINISTRATION NEEDS STEELY DETERMINATION TO MAKE IRAQ SUCCEED



Now Joe Biden has acceded to power in Washington, it is important that his administration gives special attention to Iraq, not the least because many Iraqis blame him for some dismal failures in past America policy. Under former President Barack Obama’s term of office, it was then Vice President Joe Biden who was largely responsible for the policy fudge which saw ISIS take over 40% of the country.…

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REFLECTIONS ON ARAB POLITICS – TO CREATE GOOD LEADERS, GOOD CITIZENS NEED TO BE NURTURED



The Egyptian Nobel Prize winning author Naguib Mahfouz wrote in his novel ‘Heart of the Night’, that ‘Politics is a spacious word; its charm is distributed among all sects. Politics is life’.

It is a quote worth remembering, as politics is indeed life, and affects all life.…

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REFLECTIONS ON ARAB POLITICS – TO CREATE GOOD LEADERS, GOOD CITIZENS NEED TO BE NURTURED



The Egyptian Nobel Prize winning author Naguib Mahfouz wrote in his novel ‘Heart of the Night’, that ‘Politics is a spacious word; its charm is distributed among all sects. Politics is life’.

It is a quote worth remembering, as politics is indeed life, and affects all life.…

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BRAZIL’S HEALTHY FROZEN-FOOD MARKET SOARS DURING PANDEMIC



 

It takes minutes for any Brazilian on Instagram to be bombarded with ads of modern companies selling exquisite items from tofu tikka masala stew to cauliflower risotto. But these are not from restaurants heavily impacted by the Covid-19 pandemic and now use social media to survive.…

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TEXTILE COATINGS EVOLVING IN LEAPS AND BOUNDS TO MEET NEW CHALLENGES



In the modern textile industry, coating, surface modification and laminating are the key means to tailor textiles and nonwovens to create functional products for specific, often high-performance, applications.

Such techniques have offered the sector potential advantages as it entered uncharted terrain in 2020, being at the forefront in humankind’s fight against the Covid-19 pandemic.…

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Streets of Lagos, Photo By Samuel Okocha

International News Services’ Nigeria correspondent explores Lagos city life in vivid photographic book

LAGOS is Nigeria and Africa’s most populous city - a fast-moving and changing metropolis that plays home to both the country’s super-rich and the super-poor. It’s Nigeria’s commercial capital. It is the hub of its dynamic music industry, growing arts scene and tech startups.

International News Services’ Nigeria correspondent, Samuel Okocha, has produced a photographic book showing a candid glimpse of the city. “It’s also a product of my strong interests in street photography which has been therapeutic for me,” Samuel said. “Street photography helps me slow down in a crazy fast moving city like Lagos.…

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FINALISING OF BREXIT AGREEMENT ALLOWS FOCUS TO TURN ON HOW USA EXPORTERS MAY TAP UK AND EU THROUGH NEW TRADE DEALS



THE STRIKING of a trade agreement between the European Union (EU) and a UK to pave Britain’s final and full exit from the EU from January 1 has offered US auto exporters opportunities to boost sales to the UK, but with some significant challenges, say experts.…

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ARAB MEDIEVAL SCHOLAR’S WISDOM MAY OFFER A WINDOW ON THE MODERN POLITICAL WORLD



The medieval scholar Abd al-Rahman Ibn Khaldun, a famous Tunisian historian of the 14th and 15th centuries, created a model for the history of states, which he said had a natural life of birth, maturity and death.

His Muqaddimah, published in Arabic in 1377, written as a prelude to an ambitious survey of global history, said states went through three stages, always ending – as the adage about politics says – in failure.…

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ARAB ART CAN INSPIRE MILLIONS – GOVERNMENTS NEED TO MAKE IT HAPPEN



IT is not easy to make a living as a fine artist. So many talented painters, sculptors, illustrators and engravers pay their bills through teaching, and indulge their creativity as a sideline. Others move into commercial graphic design where their scope is confined by the demands of selling products, contrasting with the unbound freedom of imagination enjoyed by the independent artist.…

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BIDEN ADMINISTRATION AMERICAN TRADE POLICY CHANGES BUILD ON RATHER THAN REVERSE TRUMP LEGACY



Former US President Donald Trump may be out of office, but the first initiatives of the new administration of President Joe Boden have been to encourage the American manufacture of clothing and textiles, just in a different way from his predecessor.…

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DEUTSCHE BANK FINED OVER USD130 MILLION FOR FOREIGN GRAFT



German banking giant Deutsche Bank is to pay more than USD130 million in the USA for a string of bribes its “business development consultants (BDC)” paid out in Abu Dhabi, China, Italy and Saudi Arabia, in breach of America’s Foreign Corrupt Practices Act (FCPA).…

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AMERICA’S SEC PAYS RARE REWARD TO AUDITOR WHISTLEBLOWER



The United States Securities & Exchange Commission (SEC) has taken the unusual step of awarding a whistleblower involved in a company audit with a reward of more than USD300,000. Although individuals with audit or compliance responsibilities are generally not eligible for such awards, the SEC said it makes exceptions for whistleblowers who reasonably believes that a company’s conduct could impede an agency investigation.…

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COVID-19 CHAOS CREATES OPPORTUNITIES FOR MONEY LAUNDERERS AND THEIR CRIMINAL ASSOCIATES



The Covid-19 pandemic has changed consumer behaviour as well as revenue streams for criminals, encouraging them to abandon certain laundering techniques in favour of others. Criminals have generated more money through cybercrime by attacking unwary computer users unused to using personal computers at home.…

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GOLD IS IDEAL LAUNDERING VEHICLE, BUT AML OVERSIGHT CONTROLS ARE TOO WEAK ARGUE CRITICS



The international gold trade is worth over USD6 trillion a year, according to the World Gold Council (WGC), but oversight of the supply chain is considered weak by many critics, relying on self-regulation, making it vulnerable to money laundering.

Gold remains scarce and hence valuable: from antiquity until 2019, just 197,576 tonnes has been mined – equivalent to a 21.7 metre cube, according to the World Gold Council.…

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PERU'S TEXTILE INDUSTRY TRIES TO RECOVER WHILE FACING POLITICAL INSTABILITY AND FIERCE CHINESE COMPETITION



The Peruvian clothing industry is criticising government aid programmes that are supposed to help companies withstand the Covid-19 pandemic, saying they have done little for apparel and textile manufacturers.

Carlos Penny, president of the textile committee at the Peruvian Exports Association (ADEX – Asociación de Exportadores), is especially unhappy how the Reactivate Peru (Reactiva Peru) and a national Business Support Fund have failed the country’s important clothing and textile sector.…

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USA AUTO MAKERS JUGGLE USMCA COMPLIANCE STRATEGIES TO AVOID MARKET DEPRESSING COST INCREASES



USA automotive manufacturers are facing some tough choices when implementing the United States-Mexico-Canada Agreement (USMCA), which entered into force on July 1, to avoid its pressure on costs being reflected in showroom price increases.

The new deal, which replaces the North American Free Trade Agreement (NAFTA), requires US, Mexican and Canadian auto manufacturers to increase their USMCA-bloc sourcing to ensure that 75% of a vehicle’s parts are made in a signatory country to benefit from the free trade provisions.…

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MEXICO SECTOR NEEDS TO DELAY USMCA FULL IMPLEMENTATION TO ALLOW TIME TO INVEST IN COST EFFICIENCIES



The Mexican auto industry should be able to preserve its critically important USA export sales if it implements the new labour wage and origin components of the United States-Mexico-Canada Agreement (USMCA) slowly and steadily, allowing time to invest in technological efficiencies, experts predict.…

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TURKISH DENIM MAJOR MAVI JEANS KEEPS GROWING WORLDWIDE, DESPITE COVID-19



Mavi, the Turkish denim giant, sold 9.7 million pairs of jeans worldwide in 2019, and, its chief executive has told just-style, has rebounded from the shuttering of the garment sector earlier this year with e-commerce sales doubling in its major markets.…

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CAN MAKERS MUST TAKE CARE WHEN NAVIGATING THE COMPLEX WORLD OF LABELLING REGULATORY COMPLIANCE



IT goes without saying that can manufacturers and fillers have to comply with regulatory controls specifying how they make and fill cans, but maybe the biggest compliance challenge for the industry is following the world’s multifarious rules on food labelling. 

Canners and fillers with contracts to supply labelled cans have to take special care given these labelling rules do not just vary from jurisdiction to jurisdiction, (or even within jurisdictions), these regulations are a very dynamic topic – they change, often. …

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LATIN AMERICA’S PAINT SECTOR REELS FROM COVID-19, BUT KEEPS CLOSE EYE ON POST-PANDEMIC RECOVERY



LATIN America has been hit particularly hard by the Covid-19 pandemic – with Chile, Peru, Brazil and Colombia in the top-20 of countries regarding cases per million people – and its paint and coatings market and industry has faced a similarly rough ride.…

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GREECE’S LEGAL CIGARETTE MARKET IS SHRINKING AS SMOKERS QUIT AND ILLICIT PRODUCT SMUGGLING SURGES



The tobacco market in Greece, once one of the world’s most robust, is struggling with declining consumption trends seen across Europe and north America, as well as a growing illicit trade.

Vassilis Mastorakis, marketing director of the Karelia Tobacco Company Inc, Greece’s largest cigarette manufacturer and exporter, told Tobacco Journal International that “smoking of cigarettes in Greece has been in a declining trend over the last 36 months [July 2017-June 2020] by almost 7% (2020 versus 2018) while the roll-your-own (RYO) consumption is slightly growing by almost 2 percent over the same period.”…

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COVID-19 PANDEMIC HAS NOT JUST FORCED AMLOs TO WORK FROM HOME, BUT INCREASED THEIR WORKLOAD TOO, SAY EXPERTS



A SHIFT towards home-based work during the Covid-19 epidemic has raised multiple challenges for AML/CFT regulatory compliance departments, from changes in consumer behaviour that affects transaction monitoring, to digitally onboarding new customers, and heightened risks of illicit crime and fraud.

The first few months of the Covid-19 pandemic and related lockdowns this spring especially stretched financial institutions’ regulatory compliance departments to their limits, said Patrick Gerard Dahill, head of AML and financial crime recruitment at Barclay Simpson, in London.…

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TEXT FRAUD CAN HIT VICTIMS HARD BECAUSE VICTIMS REPLY TO PHONE MESSAGES IN HASTE, BUT REPENT AT LEISURE



TEXT fraud is maybe more dangerous that email fraud, given the tendency for mobile phone users to respond to texts swiftly and without careful thought, cyber-security experts warn.

The Covid-19 pandemic has also created opportunities for fraudsters using texts and messaging services such as WhatsApp to launch fishing and other attacks on the unwary.…

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QUANTUM COMPUTING RESEARCH DEVELOPING ACROSS AFRICA, WITH SOUTH AFRICAN WORK UNDERPINNING PROGRESS



The cutting edge IT field of quantum computing is developing across Africa, with South Africa considered the hub, in part through an IBM centre in Johannesburg that enables academics throughout the continent to freely access its quantum computer network, based in the USA, through the cloud.…

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COVID-19 HELPS FUEL SUSTAINED GROWN IN NON-MEAT ALTERNATIVE PRODUCTS WITHIN BEEF-LOVING BRAZIL



One year ago, there were few options in the Brazilian market of non-meat alternative products. But brands have started luring beef-crazy Brazilians into buying several plant-based meat substitutes, chiefly hamburgers. And some of the country’s biggest meat packers are now exploring this relatively small, but promising category.…

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INTERNATIONAL SUGAR ORGANISATION WANTS TO WORK WITH CONFECTIONERS IN FIGHTING ANTI-SUGAR JUNK SCIENCE



The executive director of International Sugar Organisation (ISO) wants his body “to work more with the confectionery sector”, as it strives to debunk junk science that derides the nutritional value of sugar. José Orive told Confectionery Production that ISO wanted to succeed in presenting “scientific evidence-based information” about sugar’s health impact so the reputation of confectionery products is not “blackened with funky fake data”. …

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ALUMINIUM CAN DEMAND SOARS DURING COVID-19, LEAVING CAN MAKERS EXPANDING CAPACITY TO DELIVER SUPPLY



UNPRECEDENTED demand for aluminium cans caused by consumers drinking at home during lockdowns and associated restaurant and café closures due to the Covid-19 pandemic, will not cause long term disruption to this key canning market, say industry experts. Instead, manufacturers will work closely with customers to maintain supplies, European and United States (US) industry organisations have told CanTech International.…

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INDIAN KNITWEAR SECTOR STRUGGLES TO COPE WITH COVID-19 FALLOUT



The Indian  knitwear industry, a sector that exported USD7.5 billion’s worth of apparel in the financial year ending March 2020, according to the country’s directorate general of foreign trade, is undergoing severe stress induced by the Covid-19 related lockdown and resulting collapsing demand.…

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ARGENTINA VALUES DIGITAL TEXTILE PRINTERS – BUT TEXTILE FINISHERS STRUGGLE TO AFFORD THEM DURING STEEP RECESSION



While Argentina’s textile industry is poised for growth over the next few years, the expansion of its use of digital printing will probably lag as companies recover from a deep recession in 2020 caused by Covid-19 and underlying economic weakness, executives said. …

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NORTH AMERICAN NONWOVENS SECTOR BENEFITS FROM COVID-19 CRISIS



THE NORTH American – especially the USA – nonwovens sector, has this year had to content with two major external impacts – the US trade war with China and the Covid-19 pandemic. New statistics from the North Carolina, USA-based Association of the Nonwoven Fabrics Industry (INDA) have revealed a sharp decline in north American exports (including those from the USA, Canada and Mexico) to China from across north America (with the USA dominating) showed a fall in exports tonnage of 18.6% respectively year-on-year between 2019 and 2018, “led by declines in trade with China”, according to a memo from the organisation.…

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NIGERIA’S PRIVATE UNIVERSITIES LEAD IN ONLINE LEARNING AMIDST CORONAVIRUS PANDEMIC



With Nigeria continuing its lockdown closure of education institutions into late June, the country’s private universities are continuing to develop online learning, while many public universities are waiting for their physical facilities to reopen before restarting services. Access to such buildings by essential staff have eased from June 2, with Nigerian government loosening a nationwide curfew from 8pm and 6am, which will now be in force from 10pm to 4am until June 29.…

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AGRI-TEXTILES SECTOR BECOMES MORE SUSTAINABLE IN PRODUCTION AS DEMAND GROWS FOR ITS KEY FOOD PRODUCTION ROLE



If there is one subsector of technical textiles that is regarded as well suited to environment-friendly materials innovation, it is surely the agricultural textile (ag-tex) sector. This is indeed the case, with research and development specialists creating clever solutions allying the functional and sustainability benefits of ag-tex with new biodegradable and naturally-sourced fibre.…

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CANADIAN PARTS MAKERS ANTICIPATE BIG RISE IN ORDERS ONCE IMMINENT USMCA STARTS OPERATING



CANADA’S Automotive Parts Manufacturers’ Association (APMA) is optimistic that the United States-Mexico-Canada Agreement (USMCA) will deliver more sustained work to the country’s supply chain once the deal comes into force on July 1. It replaces the North American Free Trade Agreement (NAFTA), in place since 1994.…

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COVID-19 DISRUPTS ANTICIPATED STEADY GROWTH IN 2020 WITHIN LATIN AMERICA BEAUTY SECTOR



THE COVID-19 crisis has severely depressed sales of personal care products within Latin America and it is unclear when the market will pick up.

In Argentina, for example, a coronavirus-induced lockdown has pushed the economy deeper into recession, slashing sales of most unessential beauty and personal care products.…

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"Kremlin" by larrywkoester is licensed under CC BY 2.0

EUROPEAN DAIRY SECTOR ENCOURAGED BY RUSSIA LOOSENING IMPORT BAN TO COPE WITH COVID-19

THE EUROPEAN dairy sector has welcomed the opening of an infant formula import quota by the Russian government as it shores up essential supplies to cope with the Covid-19 outbreak.

Moscow’s action on 90% demineralized whey powder followed up an announcement made in March 19 by Prime Minister Mikhail Mishustin that from March 20 “for one month, all restrictions on the supply of essential goods, including customs, are cancelled”. This was followed up by a government plan allowing for the easing of sanctions-related restrictions – see http://static.government.ru/media/files/vBHd4YRxpULCaUNNTFLVpPSZbMCIA2Zq.pdf…

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PUMAxMaybellineCollection 3

GROWING DESIRE FOR WELLNESS EXPANDS SALE OF NICHE BEAUTY PRODUCTS FOR EXERCISE AND ATHLETICS

The intersection between beauty products, fashion and sport has never been so mainstream. This was evident last year when popular yoga and athletic-apparel brand, Vancouver, Canada-based Lululemon Athletica Inc launched in June (2019) its own athleisure gender-neutral beauty and personal care line (BPC), called ‘lululemon selfcare’.

Comprised of a dry shampoo, deodorant, face moisturiser, lip balm, and more recently, body lotion, the line is sold only in North America and available in gym or travel sizes.  “For over 20 years, lululemon has been focused on solving athletes’ needs.…

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EAST ASIAN AUTO-MAKING HUBS FEEL PAIN FROM COVID-19 PANDEMIC, DESPITE VARIED GOVERNMENT ASSISTANCE



EAST Asia’s auto-making hubs may have been making a better fist of dealing with the Covid-19 crisis than manufacturing centres in Europe and north America, but the pandemic has been harming the industry in the region.

Government responses have varied, however, with no major scrappage packages being announced.…

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PHYSICAL ACCESS TO FACTORIES MAYBE IMPEDED BY COVID-19, BUT BRANDS CAN STILL CONDUCT DUE DILIGENCE, SAY EXPERTS



With many brands and manufacturers unable to visit factories due to travel bans and lockdowns during the Covid-19 crisis, experts have told just-style that there are numerous ways they can still proceed with responsible sourcing, using trusted local representatives. Hervé Ostrowski, chief operating officer at Hong Kong-based supply chain compliance solutions provider QIMA, advised that “brands must have reliable boots on the ground…who can still carry out onsite audits when possible.”…

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RESEARCHERS EXPAND USE OF GRAPHENE IN INNOVATIVE ENERGY APPLICATIONS



 

USE of the so-called ‘wonder material’ graphene in the energy sector is growing fast, with its thin sheets of carbon atoms in a honeycomb shape, stronger than diamond yet flexible, offering excellent thermal and electronic conductive properties. Given it also offers an extremely high surface to material ratio, graphene energy storage and capture uses are being developed to make batteries, supercapacitors, and solar panels.…

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BRAZIL WHISTLEBLOWING UPDATE



There is, however, much less protection in Latin America. In Brazil, the country’s justice and public security minister Sérgio Moro left the job in April accusing President Jair Bolsonaro of interference with federal police work. By doing so, he effectively became a whistleblower himself, but his suggestions on the topic are far from being the law of the land.…

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GERMAN PAINT INDUSTRY HIT BY COVID-19 AFTER SUFFERING DECLINE IN SALES DURING 2019



GERMANY’S strong paint and coatings industry is facing a significant loss in sales because of the global Covid-19 pandemic – Germany expects a fall in economic output of up to 20% in 2020. Industry experts expect that the country’s coatings and paint industry will suffer accordingly.…

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CORRESPONDENT BANKING DE-RISKING NOT OVER – WITH INTERNATIONAL WATCHDOGS KEEPING CLOSE EYE ON PROBLEM



Derisking through the dismantling of correspondent banking relationships continues to be a problem, according to the latest data, prompting concerns that informal transaction networks may grow, whose AML checks may be less robust than those applied by traditional banks.

The European Union (EU) is concerned, with the European Banking Authority (EBA) in October 2019 issued a report on risks affecting the financial sector, with derisking one of its biggest concerns regarding money laundering.…

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TRADE DATA ANALYSIS INDICATES WIDE SCOPE FOR TRADE-BASED MONEY LAUNDERING MAY INVOLVE THE SHIFT OF BILLIONS OF DOLLARS IN VALUE



GIVEN the hundreds of billions of dollars spent by banks on fighting money laundering, fears that trade-based money laundering (TBML) remains widespread, as stressed by FATF, the APG (http://www.fatf-gafi.org/publications/methodsandtrends/documents/trade-basedmoneylaunderingtypologies.html), and most recently, the European Commission (https://ec.europa.eu/info/sites/info/files/supranational_risk_assessment_of_the_money_laundering_and_terrorist_financing_risks_affecting_the_union_-_annex.pdf), are of serous concern. The World Trade Organisation (WTO) said that in 2018, global merchandise exports were worth USD19.48 trillion, so there is plenty of place for laundered money to hide.…

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GLOBAL ENERGY POLICIES TRANSFORM, ADOPTING SUSTAINABLE GOALS AS CLIMATE CHANGE CONCERNS GROW



SLOWLY, but steadily, the world’s energy policies are turning green, towards promoting a sustainable future, targeting an increasingly universal goal of achieving carbon neutrality by 2050. With evidence mounting not only that climate change is accelerating, but potentially wreaking serious damage on the world’s economies and peoples, the Paris Agreement goal of holding the rise in global temperatures to well below 2C trying to limit it to 1.5C is being reflected in the plans of governments, regional and international organisations.…

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INTERNATIONAL REGULATORY ROUNDUP – GLOBAL SWEETENERS GROUP CONCERN OVER SHARING BIOMONITORING DATA WITH EU REGULATOR



THE INTERNATIONAL Sweeteners Association (ISA) has called for clear rules on how the European Food Safety Authority (EFSA) may assess biomonitoring data in the agency’s planned review of authorisations for sweeteners that are allowed in the European Union (EU). The industry body said in a public consultation on this review that it “is critical to have clear and expert protocols issued by EFSA and/or OECD to appropriately respond to… interest in reviewing ‘biomonitoring’ data, if this is to be considered in the current re-evaluation of sweeteners.”…

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MEXICO EYES DIGITAL TEXTILE PRINTING AS IT SEEKS TO BOOST TROUBLED FABRIC MANUFACTURING SECTOR



Mexico’s digital textile printing industry is poised for growth as the country’s textile manufacturers bet on the technology to cut costs, meet orders faster and widen exports to Canada and the United States, efforts that have gained in importance this year as the global economy reels from the spread of the coronavirus.…

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USA STILL NON-COMPLIANT WITH SOME KEY FATF RECOMMENDATIONS, LATEST PROGRESS REPORT CONFIRMS



THE UNITED States has made slow but steady progress in improving its AML/CFT protections since it last received a detailed assessment from FATF in 2016, according to the global AML body – although it warns that the USA remains non-compliant with four FATF recommendations and partially-compliant with five.…

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AMERICAS JURISDICTIONS BUILD WHISTLEBLOWER PROTECTIONS, BUT AT VARYING SPEEDS



THE ROLE of whistleblowers in the Americas has been given special attention in since last August, when an intelligence officer lodged a complaint with the Intelligence Community Inspector General about a phone call by President Donald Trump to Ukraine President Volodymyr Zelensky pressuring him to open an investigation into alleged corruption by former vice-president Joe Biden.…

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AFRICA’S CIVIL AVIATION SECTOR GROWS, BUT FACES CHALLENGES TO BUILD SUSTAINABLE REGIONAL MARKET



AFRICA is commonly hailed as the world’s next big focus of economic growth, but for the civil aviation industry, this prospect will require significant investment in new intra-African routes and related airport and ATC infrastructure. It will also require governments to remove immigration barriers preventing African air travellers flying to other countries on their home continent.…

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"Via Rail Canada # 6430 diesel locomotive (Gascons, Quebec, Canada) (23 or 24 July 1989) 1" by James St. John is licensed under CC BY 2.0

OPINION: Canada Rail Distruptions and the Need for Reconciliation

CANADA'S rail system has been disrupted by blockades of lines by indigenous Canadians angered by a pipeline construction dispute in northern British Columbia, which has upset some local hereditary chiefs.

While this dispute is happening thousands of kilometres away from where most Canadians (settler or indigenous) live, this dispute illustrates how tough it is to get appropriate sign-off from indigenous communities on pipeline projects and how it is underpinned by centuries’ old struggles involving indigenous Canadians.…

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THE PHILIPPINES READIES A TEXTILE-GARMENT INDUSTRY EXPANSION ROADMAP



The Philippines department of trade and industry is finalising a roadmap to revive the textile and garment industry, devised by the government’s Board of Investment. 

Latest drafts of this Textile-Garment Industry Roadmap 2020-2029, which has yet to be formally released, lays out the path for an integrated textile-garment industry, strong linkages between industry, government and private sector, as well as a dedicated trade office.…

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GUATEMALA'S APPAREL AND TEXTILE INDUSTRY LOOKS TO TECHNOLOGY TO BOOST OUTPUT AND COST EFFICIENCY



The textile industry in Guatemala represents 8.9% of the country’s gross domestic product (GDP), but a rise in production costs is jeopardising the industry’s overseas sales competitiveness. Therefore, Guatemala producers are focusing on buying and installing cutting edge technology to improve existing operations and even create new business divisions, maintaining their competitiveness against other suppliers in the region, Alejandro Ceballos, president of the country’s Apparel & Textile Industry Association (Vestex).…

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JANUARY SEES INCREASES IN MINIMUM WAGE RATES IN OUTSOURCING MANUFACTURIONG HUBS WORLDWIDE



NATIONAL minimum wages have been rising in clothing manufacturing outsourcing hubs around the world, with low and medium-cost manufacturing centres increasing pay rates, as their governments seek to balance the need for export competitiveness with the value of industrial peace to avoid production disruption and the ability to retain experienced staff.…

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CARBON CAPTURE UTILISATION AND STORAGE PROJECTS GROW AS INDUSTRY INCREASINGLY VALUES THEIR CONTRIBUTION TO PARIS AGREEMENT GOALS



There is broad consensus among energy and environmental experts that carbon capture and storage (CCS) systems built at commercial scale must play a key role if governments are to achieve their 2015 COP21 (Paris Agreement) ambitions for limiting carbon emissions. “All credible scenario modelling shows that CCS will be essential to meeting the targets set by the Paris Agreement”, commented a report co-ordinated by the International Association of Oil & Gas Producers (IOGP) for a European Gas Regulatory Forum meeting, staged last June (2019).…

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GROWING DESIRE FOR WELLNESS EXPANDS SALE OF NICHE BEAUTY PRODUCTS FOR EXERCISE AND ATHLETICS



The intersection between beauty products, fashion and sport has never been so mainstream. This was evident last year when popular yoga and athletic-apparel brand, Vancouver, Canada-based Lululemon Athletica Inc launched in June (2019) its own athleisure gender-neutral beauty and personal care line (BPC), called ‘lululemon selfcare’.…

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PACE OF CASES IN BRAZIL’S CAR WASH PROBES SLOWS AS ITS FORMER JUDGE ACCUSED OF WRONG-DOING DURING INVESTIGATIONS



 

For almost six years the federal prosecutors, policemen and judges of Brazil’s Operation Car Wash (Lava Jato) were hailed as anti-corruption heroes. Their spectacular raids and testimonies led to scores of politicians and businessmen jailed throughout Latin America, and especially in Brazil.…

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CHINESE PAINT MARKET IS ROBUST, BUT APPROACHING MATURITY - INCREASING RISKS FOR COMPANIES BURDENED WITH INVESTMENT DEBT



As paint company conferences go, the Sankeshu Paint Co’s annual Chinese New Year gathering was special. A room of sales executives wearing matching blue suits and red ties were serenaded with ‘Zui Mei de Shen Hu’ – ‘The Most Beautiful Shenzhou My Home’),” sung by a soprano before chairman Hong Jie strode on stage to rally his assembled ranks to shout in unison company slogans, such as “Full product range!…

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REGULATION DRIVES CHANGE AS US PAINT AND COATINGS INDUSTRY URGES INFRASTRUCTURE INVESTMENT



Sustainability issues are currently dominating the US paint and coatings industry with challenges and opportunities arising from stringent regulations and growing green markets, generating demand for environment-friendly business practices and sustainable consumer lifestyles. This change comes as the industry hopes for a fillip from the new United States-Mexico-Canada Agreement (USMCA), reforming North American trading arrangements, which has been hailed by the American Coatings Association (ACA) as “a win for America’s paint industry”.…

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CONDUCTIVE ADHESIVES BEING WORLDWIDE DEVELOPED TO DELIVER AN EXPANDING ARRAY OF HIGH-TECH FUNCTIONS



From smartphones to space satellites, applications for conductive adhesives (transferring heat, electricity or both) are expanding rapidly and their innovative use and market size show little size of abating as new avenues reveal themselves through growth in sales and R&D programmes.…

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AMERICAN FOOD INDUSTRY LEADERS WELCOME US-CHINA TRADE DEAL – BUT WILL IT SQUEEZE EUROPEAN EXPORTERS FROM CHINESE MARKETS?



European food and drink exporters to China can be expected to face strengthened competition from American rivals in future, after a preliminary ‘phase one’ trade deal between the USA and China included the reduction in non-tariff barriers to exported US products, including for meat, poultry, seafood, rice, dairy, infant formula and food biotechnology lines.…

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MIDDLE EAST DAIRY MARKET GROWS AND BECOMES MORE SOPHISTICATED AND PRODUCERS MUST RESPOND, CONFERENCE TOLD



WITH Middle East dairy sales expanding steadily, dairy suppliers from around the world are targeting its consumers, hoping to gain a foothold in an increasingly diverse marketplace that is often open to innovation.

Dairy Industries International attended the 4th Global Dairy Innovation Congress MENA 2020, held in Dubai, the United Arab Emirates (UAE), from January 20-21, where participants were encouraged by sales projections as from market researcher Euromonitor International that the Middle East (and Africa) dairy market should expand at a compound annual growth rate (CAGR) of more than 3% between 2019 and 2023.…

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CANADIAN AUTO SECTOR WELCOMES FINAL USMCA DEAL – WITH FINAL REVISIONS ON STEEL SUPPLIES AND LABOUR STANDARDS



The Canadian automotive industry has welcomed the final text of the United States-Mexico-Canada Agreement (USMCA) trade deal, which includes new flexibility over steel supplies to the North American automotive manufacturing industry.

David Adams, president, Global Automakers of Canada (which represents all Canadian auto manufacturers except for the Big Three), said the new amendments reflected Canadian government thinking and that now he expected “all three countries will work to ratify expeditiously….”,…

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INCREASING THE JOB FORCE AND PROMOTING THE COMPOUND EXPANSION - TEGRA'S STRATEGY FOR CENTRAL AMERICA



Tegra, the Atlanta, USA-based leading apparel manufacturing and supply chain provider, is expanding its workforce in Latin America, with new job posts in El Salvador’s compound as well as its soon to be opened facility in Honduras. Tegra’s plant in El Salvador, Decotex, was expanded to nearly 250,000 square feet in August (2019).…

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MEXICAN CLOTHING INDUSTRY EXPERTS HOPE FOR PROMPT RATIFICTION OF THE USMCA TRADE DEAL



MEXICAN clothing industry experts hope that the current stand-off over the ratification of the new United States–Mexico–Canada Agreement (USMCA) will be solved soon, given that they expect that it will cement Mexico’s position as a major apparel exporter to the USA and Canada.…

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NEW EUROPEAN GREEN DEAL INDICATES INTERNATIONAL AND REGIONAL PUBLIC POLICY WILL NOT QUIOT FINANCIAL BACKING FOR RENEWABLE ENERGY GROWTH



 

GLOBAL and regional public policies promoting environmental good practice and fighting climate change have long encouraged the growth of renewable energy production. And with concern about global warming sharpening, these goals – pushed by international and regional organisations and development banks – are here to stay.…

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AMERICAN CLOTHING AND TEXTILE INDUSTRY ASSOCIATIONS WELCOME PHASE 1 TRADE DEAL BETWEEN US AND CHINA



USA clothing and textile industry associations have welcomed the striking of a ‘phase 1’ trade agreement between the US and Chinese governments, which will prevent the imminent imposition of 10% ‘4B’ scheduled US duties on a wide range of Chinese knitwear, knitted fabrics, yarn and dyes.…

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USA POLYSTER TEXTURED YARN IMPORTERS AWAIT LIKELY DECEMBER APPROVAL OF HEAVY PROTECTIVE DUTIES ON INDIAN AND CHINESE SUPPLIES



USA polyester textured yarn importers sourcing from China and India are being forced to pay deposits on their cargoes covering anticipated heavy anti-dumping and countervailing duties which could be imposed in the New Year. These traders and their manufacturing partners are awaiting a decision from the US International Trade Commission (ITC) in late December over claims from the US department of commerce (DoC) that Indian and Chinese yarn makers are both being unfairly subsidised by their government and dumping cheap excess production on American markets.…

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SALES OF LARGER PASSENGER VEHICLES IN CANADA CONTINUE TO GROW, BECOMING DOMINANT OVER STANDARD CAR PURCHASES SAYS LATEST DATA



SALES of light trucks – SUVs, CUVs, pick-ups and minivans – are rising in Canada, and the big question is how dominant this segment may become in this north American market. Sales hit 70.9% of the passenger vehicle market according to new 2018 data from Ontario-based DesRosiers Automotive Consultants Inc.…

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USDA RELEASES NEW RULES ON LEGALISED HEMP FIBRE PRODUCTION – SURGE OF APPLICATIONS EXPECTED



AMERICAN textile manufacturers and farmers can start working in earnest to develop nationwide production of hemp fibre, after the US Department of Agriculture (USDA) released detailed and comprehensive regulations on how production and processing should be authorised and regulated.

USDA’s guidance has been awaited by the textile industry since the USA’s 2018 farm bill legalised hemp as an agricultural commodity, removing it from the federal list of controlled substances, as long as it did not contain more than 0.3% THC (tetrahydrocannabinol), the element that gives consumers of recreational and medicinal cannabis their high.…

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PAKISTAN DIGITAL TEXTILE MARKET EXPANDING, WITH MUCH MORE GROWTH TO COME



With Pakistan’s digital textile printing industry production growing at an average of at least 5% annually in recent years, according to the All Pakistan Textile Mills Association (APTMA), with the country’s digital textile printing industry being an important focus of investment in a sometimes-troubled textile sector.…

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ITALIAN CHEESE CAUGHT IN AIRBUS-BOEING DISPUTE CROSSFIRE



RETALIATORY duties imposed by the USA in a trade dispute with the European Union (EU) over aeroplane subsidies will, argues Italian farmers union, Coldiretti, shrink Italian food exports to the US by 20%, with the Italian speciality cheese sector being the hardest hit.…

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POWER PURCHASE AGREEMENTS INCREASE GREEN ENERGY CONSUMPTION AND INVESTMENT WORLDWIDE



As national, regional and international legislation nudges the world away from its reliance on fossil fuels, corporations are increasingly sourcing renewable energy through the mechanism of green power purchase agreements (PPAs), whereby companies (and also utilities) act as an off-taker, making commitments for future renewable energy payments.…

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USA HEMP SUPPLIES COULD INCREASE FOR BEAUTY SECTOR NOW USDA RULES ARE IN PLACE



The USA cosmetics industry is expecting to benefit from recently promulgated United States Department of Agriculture (USDA) rules that would facilitate increased legal cultivation of the hemp plant – the botanical source for cannabidiol (CBD), an ingredient already widely available in the US for pharmaceutical and cosmetic applications.…

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CANS PLAY IMPORTANT ROLE IN DELIVERING FOOD AND DRINK TO THE NEEDY IN DISASTER ZONES



METAL cans play an important role in enabling aid agencies to deliver food and drink to needy people in disaster zones and areas of food scarcity – being sturdy, stackable, and recyclable. The scale of some of these operations and hence their demand for canned food and drink is huge.…

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NICARAGUA BOOSTS T-SHIRT SALES TO THE EU, BUCKING A DECLINE IN OVERALL APPAREL EXPORTS



Nicaragua, a leading apparel producer in Central America, has been suffering a decline in revenue on exports to the European Union (EU) this year, expect for one category that is bucking the trend: T-shirts.
According to the EU statistical office Eurostat, total revenue from the country’s apparel and footwear exports to the region dropped 6.8% to EUR178.2 million in the first half of 2019 from EUR191.2 million in the same period in 2018.…

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EU/WTO INTERNATIONAL REGULATORY ROUND UP – NEW EU COMMISSION PLOTS LABELLING REFORMS



THE NEW European Commission, which is now expected to assume office on December 1, is expected to push the further harmonisation of European Union (EU) food labelling rules regarding nutrition. Incoming EU health commissioner, Stella Kyriakides, of Cyprus, said she wanted to see the Commission act against pack claims declaring that products were healthy when they contained “a high level of sugar, fat or salt”.…

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CHINA-US TRADE WAR MAY WORRY MARKETS – BUT NORTH AMERICAN NONWOVENS FUNDAMENTALS ARE STRONG



While the USA-China trade war currently dominates headlines, nonwovens analysts predict it will be a “relatively short-term” issue and not harm north America’s growing nonwovens market in the longer term.

With smart applications and sustainability driving the sector worldwide, the north American nonwovens market looks set to capitalise on these growth areas, aiding recovery from a past 10 years marred by economic weakness and volatile crude oil prices.…

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INTERNATIONAL REGULATORY ROUND UP – EU-MERCOSUR TRADE DEAL SHOULD PROMOTE KNITWEAR SALES



THE TRADE in knitwear between the European Union (EU) and the Mercosur bloc of Brazil, Argentina, Uruguay and Paraguay is likely to intensify under a new trade deal between the two regional groupings.

The agreement, which now needs ratification, will phase out all EU duties charged on industrial goods (including knitted clothing and inputs) over 10 years.…

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AROUND 56 MILLION PAID BRIBES FOR PUBLIC SERVICES IN LATIN AMERICA



More than one in five or around 56 million people who accessed public services in Latin America and the Caribbean last year paid a bribe, according to the latest 18-country survey from Transparency International. The police notched up the highest bribery rate (24%), followed by other public services such as utilities (19%). …

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ELECTRIFICATION OF SHIPS A KEY STEP IN DELIVERING PARIS CLIMATE COMMITMENTS



Described by environmental campaigners as “the elephant in the COP21 negotiations room” when climate change proposals were agreed in Paris during 2015, today – the electrification of shipping is moving ahead apace.

From inland ferries to cargo barges and cruise ships, vessels are being built or retrofitted with renewable power propulsion sources, curbing the shipping industry’s major emissions.…

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INTELLIGENT MATERIALS DELIVERING BETTER FUNCTIONALITY AND SECURITY TO BEAUTY PACKAGING



INTELLIGENT materials make for packaging with better functionality and security, and innovative producers worldwide are developing better protection for personal care products.

Market researcher Smithers Pira, in a January 2018 report The Future of Active & Intelligent Packaging to 2023, notes potential uses for cosmetics manufacturers includes greater levels of engagement with customers, more personalised products and enhanced security and tracking features.…

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ISRAEL AML/CFT AGENCIES SHOW INVENTIVENESS AND COLLABORATION IN COMBATING THE FINANCING OF TERRORISM



ISRAEL faces a particularly high terrorist-financing risk from outside its borders, while fraud, tax offences, organised crime, public sector corruption and the use of cash heighten domestic money laundering risks. The Israeli government has integrated these risks into its anti-money laundering and combating the financing of terrorism (AML/CFT) policies and laws.…

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CANADIAN GOVERNMENT PLAYS WAIT-AND-SEE ON EMISSIONS RULES, AWAITING WASHINGTON’S LEAD



THE CANADIAN government has told wardsauto that it will wait for the release of a US final rule on federal automotive emissions before making any decisions on whether to follow the lead of the Trump administration on freezing emissions limits or imposing tougher tailpipe rules for Canada.…

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US SENATE TO DEBATE WIDELY SUPPORTED BIPARTISAN LAW TO STRENGTHEN MEAT BORDER CHECKS



A bipartisan bill has been proposed in the United States Senate to fill what the US Customs and Border Protection (CBP) agency has warned is a shortage of nearly 700 agricultural inspectors at ports of entry.

The Protecting America’s Food & Agriculture Act of 2019, if approved, would authorises the annual hiring by the CBP of 240 agricultural specialists every year until the workforce shortage is filled.…

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USA/CHINA TRADE WAR CREATES NEW COMPETITIVE ADVANTAGES FOR EUROPEAN PLASTICS AND PLASTIC PRODUCTS EXPORTERS



THE TRADE war between China and the United States is creating additional opportunities for exporters of plastics, plastic products and ingredients in both these key markets, as both sides erect protective tariffs against each other.

In the latest round of duty escalation – while talks to resolve the dispute over American claims of Chinese misconduct regarding intellectual property misappropriation, industrial subsidies and market access stall – duties of 10% are being imposed by the USA on Chinese goods and 10% and 5% by China on US exports.…

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INTERNATIONAL REGULATORY ROUND UP – EU-MERCOSUR TRADE DEAL OFFERS EU CONFECTIONERS EXTRA SALES, BUT SUGAR PRODUCERS ARE WORRIED



A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, will open this emerging market to EU confectionery exporters, but Europe’s sugar sector fears increased Brazilian sugar exports. The agreement, which now needs to be ratified by both sides, will phase out Mercosur duties on EU exports of chocolate and sugar confectionery of 20%; biscuits (taxed at 20% to 35%); liquorice extract – 8%; and confectionery-making equipment – 14%.…

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EU MERCOSUR DEAL OFFERS EUROPEAN AND SOUTH AMERICAN METAL PACKAGING SECTOR NEW TRADE OPPORTUNITIES



THE EUROPEAN metal packaging sector will be hoping that the newly negotiated European Union (EU)-Mercosur trade deal is ratified quickly, given it scraps import duties imposed by Brazil and Argentina on such exports of between 12% and 35%. These are the key markets in the South American trade bloc, that also includes comparative minnows Uruguay and Paraguay, whose protective duties shadow their larger Mercosur neighbours.…

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BANGLADESH CLOTHING ASSOCIATION’S FIRST WOMAN BOSS HAS BIG AGENDA, STARTING WITH TAKING OVER WORK FROM THE ACCORD



Months after taking the reins as president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Dr Rubana Huq is determined to fulfill her key goal of ensuring the industry effectively monitors its own environmental and health standards.

It is an important job given how the country’s clothing and textile sector has worked to improve a safety reputation battered by the 2013 Rana Plaza disaster.…

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AMERICA SHOOTS ITSELF IN THE FOOT IN TRADE WAR, FROM WHICH MAJOR CHINESE CLOTHING MANUFACTURERS WILL BENEFIT



THE INTENSIFYING trade war between the USA and China has proved to be an opportunity for some larger Chinese clothing manufacturing firms, some of which had already built capacity overseas, notably in southeast Asia, and Vietnam especially. These companies have been able to adjust to the worsening tariff barriers to the US market for China-sourced exports, whereas smaller companies unable to afford new SE Asia operations have suffered.…

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INDIAN KNITWEAR EXPORTERS LOOK TO EXPLOIT OPPORTUNITIES CREATED BY US-CHINA TRADE WAR



INDIAN knitwear exporters are hoping for a windfall of orders from the US following a spurt in client enquiries, which industry leaders believe are linked to the US-China trade dispute and the latest tariff hike on Chinese clothing and textile exports to America.…

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GROUNDBREAKING INTERNATIONAL STUDENT PROGRAMME DELIVERS INNOVATIVE AND EXPANDABLE COMMUNITY SOLUTIONS TACKLING GLOBAL PROBLEMS



THE EMPATHY, connectedness and flexibility skills taught to students during an innovative international problem solving programme at the USA’s University of Oregon (UO) have manifested themselves in three prize-winning solutions to community problems.

These focused on environmental degradation, social inequality and public health, with students having 10 days this month to develop groundbreaking ideas for action at an Association of Pacific Rim Universities (APRU) Undergraduate Leaders Program.…

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EU ROUND UP - EUROPEAN PAINT EXPORTERS COULD BENEFIT FROM NEW EU-MERCOSUR TRADE DEAL



EUROPEAN Union (EU) exporters of paints, varnishes and other coatings should gain market share in South America through a trade deal struck between the EU and the Mercosur bloc of Brazil, Argentina, Uruguay and Paraguay. The agreement, which now needs ratification by both sides, will phase out all EU duties charged on industrial goods (including paints and coatings) over 10 years.…

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MINERALS TRADERS OFFERED BETTER ACCESS TO SOUTH AMERICA AND EUROPE UNDER EU-MERCOSUR TRADE DEAL



A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, should boost trade between the two blocs of industrial minerals. The agreement, which now needs to be ratified by both sides, will phase out all EU duties charged on industrial goods (including minerals and mineral items) over 10 years.…

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SMALL SLOVENIA RETAINS DOUGHTY PLASTICS MANUFACTURING SECTOR WITH STRONG EXPORT FOCUS



Slovenia’s plastic industry has made a virtue out of the nation’s geographical position, located between the markets of central and western Europe and those of the Balkan states and the former Soviet Union. 

Drawing on these geographical – and historical political ties – the sector is geared towards exports, with these accounting for 62% of the value of the plastics industry, according to the Chamber of Commerce and Industry of Slovenia (CCIS).…

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EU MERCOSUR DEAL LIKELY TO BOOST TRADE IN FINISHING CHEMICALS AND RELATED PRODUCTS



THE TRADE in textile finishing chemicals and products made with them between the European Union (EU) and the Mercosur bloc of Brazil, Argentina, Uruguay and Paraguay is likely to intensify under a new trade deal between the two regional groupings.

The agreement, which now needs ratification by both sides, will phase out all EU duties charged on industrial goods (including dyes and other finishers) over 10 years.…

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LATIN AMERICA’S PERSONAL CARE PRODUCT MARKETS REMAIN IN THE DOLDRUMS AS ECONOMIES PERFORM POORLY



IT has been another subdued year for the beauty and personal care product market in Latin America, as the region’s economy underperforms yet again after six years of deceleration (and in some countries outright recession), keeping a lid on sales growth. …

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US HIGHER EDUCATION ACCUSED OF FAILING THE AMERICAN DREAM, BUT IS THAT FAIR?



 

UNIVERSITIES and colleges in the USA are being accused of moving away from the so-called ‘American dream’ of social mobility, a panel discussion at the Worldviews Conference held at the University of Toronto, Canada, has heard. The focus of this debate was the question – what is the civic education mission of universities, colleges and the media in the 21st century, and how this is playing out in the United States?…

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CANNABIS LEGALISATION MAY PROMPT CANADIAN SMOKERS TO SHIFT TO VAPES, SAY EXPERTS



AN INTERNATIONAL market research company is predicting that the legalisation of recreational cannabis, notably in Canada, and now in 10 US states, could encourage tobacco consumers to shift from smoking to vaping, and even depress tobacco sales overall long term.

Shane MacGuill, head of tobacco at Euromonitor International, said that while in the short term, recreational cannabis legalisation “could support the Canadian tobacco market as consumers experiment with consumption of cannabis flower in combustible format”, he predicted “any bump will be relatively small and short lived”.…

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WOLLASTONITE OFFERS GREAT POTENTIAL AS BASE FOR DEVELOPING CARBON EMISSIONS REDUCTION TECHNOLOGY



WOLLASTONITE has been described by a Canadian producer as “a white mineral for a greener world,” and it seems governments, businesses and industries agree – with wollastonite is set to see increased market growth in its traditional uses plus a new focus on its powerful qualities to help tackle climate change.…

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METAL TRADERS OFFERED BETTER ACCESS TO SOUTH AMERICA AND EUROPE UNDER EU-MERCOSUR TRADE DEAL



A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, will boost trade between the two blocs of non-ferrous metals and related articles. The agreement, which now needs to be ratified by both sides, will phase out all EU duties charged on industrial goods (including metals and metal items) over 10 years.…

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INDIAN KNITWEAR EXPORTERS LOOK TO EXPLOIT OPPORTUNITIES CREATED BY US-CHINA TRADE WAR



INDIAN knitwear exporters are hoping for a windfall of orders from the US following a spurt in client enquiries, which industry leaders believe are linked to the US-China trade dispute and the latest tariff hike on Chinese clothing and textile exports to America.…

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WOLLASTONITE OFFERS GREAT POTENTIAL AS BASE FOR DEVELOPING CARBON EMISSIONS REDUCTION TECHNOLOGY



WOLLASTONITE has been described by a Canadian producer as “a white mineral for a greener world,” and it seems governments, businesses and industries agree – with wollastonite is set to see increased market growth in its traditional uses plus a new focus on its powerful qualities to help tackle climate change.…

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METAL TRADERS OFFERED BETTER ACCESS TO SOUTH AMERICA AND EUROPE UNDER EU-MERCOSUR TRADE DEAL



A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, will boost trade between the two blocs of non-ferrous metals and related articles. The agreement, which now needs to be ratified by both sides, will phase out all EU duties charged on industrial goods (including metals and metal items) over 10 years.…

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SAE-A TRADING EYES BUILDING HIGH-TECH PLANT FOR POLYESTER YARN IN GUATEMALA



South Korea’s Sae-A Trading, one of the world’s largest apparel manufacturers and exporters, is considering building an estimated USD200 million high-tech industrial complex in Guatemala for making polyester yarns. Its goal – taking advantage of rising US demand for apparel made in Central America. …

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EU WINE AND SPIRITS EXPORTERS OFFERED NEW ACCESS TO SOUTH AMERICA UNDER MERCOSUR TRADE DEAL



A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, will open this emerging market to EU drinks exporters. The agreement, which now needs to be ratified by both sides, will phase out Mercosur duties on wine of 27%; whiskey and other spirits (taxed at 20% to 35%); and soft drinks (taxed at 20% to 35%).…

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INTERNATIONAL REGULATORY ROUND UP – ISO LAUNCHES NEW COCOA SUSTAINABILITY STANDARDS



THE INTERNATIONAL Organization for Standardization (ISO) has launched a series of standards designed to help the cocoa industry ensure its products are both sustainably harvested and processed, but also traceable across their supply chains. Its ISO 34101 series is designed to promote good environmental and labour practices in a sector that involves sophisticated confectionery companies, global commodity traders and small farmers, often in poor countries, notably in west Africa.…

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EU CLAIMS LNG COOPERATION WITH USA HAS SPARKED BOOMING TRADE



THE EUROPEAN Commission has hailed a 272% increase in liquified natural gas (LNG) exports from the United States to the European Union (EU) since a landmark meeting last July (2018) between President Donald Trump and Commission president Jean-Claude Juncker.

Releasing trade data at a High-Level Business-to-Business Energy Forum staged in Brussels, where LNG executives from Europe and America discussed increasing this trade, the Commission said EU imports of US LNG in March hit a record 1.4 billion cubic metres.…

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MONEY SERVICE BUSINESSES IN EMERGING MARKETS FACE TOUGHER COMPLIANCE AND DERISKING DEMANDS



MONEY service businesses (MSBs) are having a tougher time operating in compliance with international AMF/CFT rules, especially those in emerging market countries, where they have to deal with a double challenge of tighter controls and derisking by banking partners.

MSBs throughout the Middle East, for instance, have been hit by derisking from correspondent banks as well as designations by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC).…

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AS THE US-CHINA TRADE WAR DRAGS ON, BRANDS AND RETAILERS CAN TURN UNCERTAINTY INTO OPPORTUNITY



Trade negotiators from the United States and China will meet for the second week in a row this Wednesday or Thursday, in what the American clothing sector hopes could be the final round of talks to resolve the trade war.

US Treasury Secretary Steve Mnuchin told Fox Business last week they hope to get to “the point where we can either recommend to the president we have a deal, or make a recommendation that we don’t,” emphasising the United States wants to “rebalance” the trade relationship.…

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SUB-SAHARAN AFRICA AIRPORT SECTOR EXPANDS AS AIR TRAFFIC PUSHES FACILITIES TOWARDS CAPACITY LIMITS



AFRICA is without doubt the continent to watch for airport and air traffic control investment in the future. It is the world’s second most populous continent (home to more than 1.2 billion people), and according to Airports Council International (World) – ACI World – Africa was the fastest growing region for air passenger traffic in 2017 and 2018, which rose 6.3% in 2017 year-on-year and 10.8% in 2018 to June year-to-date, year-on-year.…

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SPAIN AND PORTUGAL BEAUTY SECTORS EYE EXPORTS, LEVERAGING LOCAL QUALITY AND INNOVATION



THE LONG lines of customer to the cash register in Inditex stores – the giant Spanish company behind High Street fashion brands Zara, Bershka and Pull&Bear (among others) – are also now buying personal care products as well as clothes. They funnel customers through shelves that are not only bursting with low-cost impulse buys, such as hair accessories, smart phone covers and key rings, but now also Inditex scents.…

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LEGALISATION OF CANNABIS-ASSOCIATED BEAUTY PRODUCTS ADVANCES UNEVENLY WORLDWIDE



THE LEGALISATION nationwide of recreational cannabis in Canada last October (2018) was a groundbreaking move – a first for a major western country – and from this coming October 17, at the latest, one that may have significant implications for the beauty business.…

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VIETNAM YARN-MAKERS CONCERNED OVER RAW MATERIAL PRICE VOLATILITY AND GEOPOLITICAL UNCERTAINTY



VIETNAMESE cotton yarn-makers face a period of uncertainty due to raw material price volatility and the ongoing trade war between the US and China which threatens demand stability from Chinese textile and clothing manufacturers. China is the largest importer of Vietnamese yarn and accounts for more than 60% of Vietnam’s total yarn exports. …

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CANADA BECOMING AUTOMATED VEHICLES DEVELOPMENT HUB THROUGH LEVERAGING LOCAL EXPERTISE



THE CANADIAN auto-sector, encouraged by its federal government, has been pushing ahead with a wide range of initiatives to try and make Canada an international high-tech hub of connected and automated vehicle (CAV) research and development.

These focus on the country’s existing auto-making hub Ontario, with – unusually – the capital Ottawa playing a key auto-manufacturing role, encouraged by its existing local tech sector.…

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BRAZIL AUTO SECTOR HAPPY THAT ROUTE 2030 PLAN IS OPERATIONAL



BRAZIL’S automotive industry sector is optimistic about the future, now that the new government of right-wing President Jair Bolsonaro has left the new Route 2030 package of industrial incentives untouched.

The President, who assumed office on January 1, had criticised Route 2030 (Rota 2030 in Portuguese) last November (2018), as a potential waste of money.…

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ARGENTINA STRUGGLES TO CREATE GUANACO INDUSTRY – PLANNING TO COMBINE FIBRE AND MEAT SALES



With a growing population of guanacos, a llama-like animal that runs wild in Patagonia, the Argentine government is analysing how best to produce and export the natural fibre it yields, at prices like those commanded by vicuña wool. But hurdles stand in the way of getting it right and there are concerns that the approach could backfire if sustainable practices are not

 in place. …

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EL SALVADOR CLOTHING MANUFACTURERS SEEK TO DEVELOP UNDERWEAR NICHE



El Salvador clothing manufacturers are seeking to solidify their focus on underwear exports, from basic cotton intimates to trendy and sophisticated lingerie. Flagship US-based underwear companies have settled production in this central American outsourcing hub, making a wide range of lingerie and more basic underwear, such as HanesBrands, Fruit of the Loom and Intradeco.…

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IRELAND’S WHISTLEBLOWING REGIME TO BE STRENGTHENED BY EU DIRECTIVE



IRELAND’S whistleblowing regime is to be strengthened to comply with a new European Union (EU) whistleblowing directive that was approved in April (2019) by the European Parliament. Reforms must be in place by 2021 and will build on Ireland’s Protected Disclosures Act 2014 – itself a step forward legally for Irish whistleblowing, according to Professor Kate Kenny, of the National University of Ireland, Galway (NUI).…

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ACCA QUALIFIED FD HAS FOUND HIS PROFESSIONAL HOME IN MAJOR CARIBBEAN CONGLOMERATE



THE ACCA-qualified group finance director for the largest conglomerate in Trinidad & Tobago and a key player in the Caribbean region – the ANSA McAL group – has aligned his personal professional ambitions with his company’s goal of sturdy sustained growth.…

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NORTH AMERICA’S NORTHERN NEIGHBOURS FAIL TO COMPLY WITH FATF STANDARDS



THE UNITED States and Canada maybe two developed countries that have long-established anti-money laundering and combating the financing of terrorism (AML/CFT) systems, but these have been found wanting by the Financial Action Task Force (FATF). While both countries continue to introduce AML/CFT reforms, they are unlikely to meet some key FATF demands.…

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SMARTER SEGMENTED SYSTEM, MAYBE USING AI, CAN REDUCE FALSE POSITIVES ROLLED OUT BY TMS



Transaction monitoring systems (TMS) are supposed to detect suspicious activities and provide useful information to AML/CFT law enforcement, but they are proving ineffective, with more than 90% of filings in the USA false positives, according to former chair of the US House of Representatives sub-committee on terrorism and illicit finance Steve Pearce.…

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GOVERNMENT-INDUSTRY PACT SUPPOSED TO FORGE A NEW BEGINNING FOR TUNISIA’S TEXTILE INDUSTRY



Tunisia’s textile and garment manufacturers hope that the signing of a new public/private partnership pact with the government will enable industry to meet its full potential.

Tunisian head of government (Prime Minister) Youssef Chahed signed on February 21 an agreement with UTICA (Tunisian Union of Industry, Business and Artisans) and FTTH (Tunisian Textile and Garment Federation) to create a public/private partnership to push through a five-year recovery and development plan.…

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MARINE CARGO TRANSHIPMENT SOLUTIONS FOR MINING COMPANIES



THE REDUCTION of transport costs for the mineral sector through high-capacity marine cargo handling solutions was a key topic of the annual Prospectors & Developers Association of Canada (PDAC) convention held in Toronto, this month (March 3-6). The CSL Group Inc (CSL), a privately-owned shipping company based in Montréal, Québec, and the world’s largest owner and operator of self-unloading vessels, explained how its systems can improve the logistics chain and better integrate cargo loading with mining operations.…

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US FASHION INDUSTRY BOSS HOPES FOR TAMER AMERICAN TRADE POLICY AS TRUMP ADMINISTRATION APPROACHES RE-ELECTION YEAR



The president and CEO of the American Apparel & Footwear Association (AAFA) has said that he did not just expect by the Trump administration’s aggressive stance on tariffs, but that its protectionism may now start to ease as the 2020 election looms.…

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WELLNESS CONFECTIONERY PRODUCTS GROW PRESENCE AS CONSUMERS BECOME MORE HEALTH CONSCIOUS



While the confectionery industry is traditionally associated with high sugar levels and unhealthy indulgence, market research indicates that efforts to also appeal to consumers with a growing interest in health and wellness trends are paying off. According to UK-based market researcher GlobalData, in 2016 alone USD3.7 billion worth of confectionery with functional or fortified attributes was sold globally.…

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ASIAN REGULATORY ROUND UP – HONG KONG 2019 BUDGET INCLUDES SIGNIFICANT PROFITS AND SALARY TAX BREAKS



THE HONG Kong government’s 2019 budget is to include a planned 75% reduction of profits tax, salaries tax and tax under personal assessment for the 2018-19 tax year, up to Hong Kong dollars HKD20,000 (USD2,547) per case. These breaks will cost HKD18.9 billion (USD2.4 billion), benefiting about 2.05 million taxpayers.…

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EU INVESTMENT BANK FOCUSES ON DEVELOPING NEW PLASTICS TO LIGHTWEIGHT E-CARS



WITH auto manufacturers looking for ways to light-weight electric and hybrid vehicles, to boost performance and battery life, the European Union (EU) is investing in a Spanish company that is seeking to develop recyclable thermo-plastic alternatives to rubber for auto parts.…

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GLOBAL AUTO SECTOR WORRIED OVER POTENTIAL IMPACT OF USA SECTION 232 DUTIES



THE SUBMISSION to the White House by the US Department of Commerce of a report recommending whether and how the USA should impose tariffs on automotive and related parts on national security grounds has provoked significant concern worldwide.

President Donald Trump has 90 days from February 17 (to mid-May) to decide on whether to impose the tariffs under section 232 of the Trade Expansion Act.…

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THE GLOBAL SMART COATINGS SECTOR BECOMES EVER MORE INNOVATIVE AS IT TARGETS MARKET NICHES



THE GLOBAL smart coatings sector is expected to record a year-on-year average annual gain in revenue of 31.5% over the next five years, with the market projected to reach USD11.68 billion by 2024 – compared to USD 885.5 million in 2015.…

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BRITAIN, GERMANY AND FRANCE CREATE CLEARING HOUSE FOR NON-USD TRADES WITH IRAN



 

BRITAIN, Germany and France have established a clearing house to facilitate non-USD trades with Iran, to help European companies to do business without falling foul of tightened American sanctions against the Islamic Republic.

Based in Paris, and headed by former Commerzbank director Per Fischer, a German, the Instrument In Support Of Trade Exchanges (INSTEX) is owned by the three supporting governments.…

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TRADE-BASED MONEY LAUNDERING TO RISE AS IRAN SEEKS TO EVADE NEW USA SANCTIONS



TRADE-based money laundering (TBML) continues to be a complex typology that is tough for law enforcement to detect and ML regulators to control.

The risk is that with Iran being subject to new USA sanctions, the use of TBML is going to grow in the short term, warn experts.…

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MAJOR BAHRAIN SHALE OIL AND GAS FIND COULD CREATE MAJOR DEMAND FOR FRACKING MINERALS



WITH Bahrain investigating its first major oil find in 86 years, the mineral sector will be keeping a close eye on exploration because this is an offshore shale oil and gas resource that will need fracking inputs to extract hydrocarbons.

“It is definitely very unique, a one of a kind oil find in shallower waters close to shore,” said Edgar van der Meer, senior research analyst at NRG Expert, in London.…

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EXPANSION ANNOUNCEMENTS MARK ROUTES AMERICA CONFERENCE



 

ANNOUNCEMENTS made at the Routes Americas conference for 2019 have demonstrated how the region’s civil aviation sector is expanding and providing more business to airports.

New Canadian low-cost carrier Jetlines, for example, unveiled plans to put conference host Quebec City on its route network when it begins operating later this year.…

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INTERNATIONAL REGULATORY ROUND UP – WTO DISPUTES PANELS WILL ASSESS EU RETALIATORY DUTIES ON USA KNITWEAR EXPORTS



THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling on whether retaliatory duties imposed by the European Union (EU), on US knitwear exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

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CHINESE CLOTHING COMPANIES TARGET EGYPTIAN TRADE ZONES AS ROUTE AVOID TRUMP TRADE WAR DUTIES



A FREE trade zone system in Egypt, linking its businesses with Israeli suppliers, is being targeted by Chinese companies wanting to access the USA, as the Trump trade war risks exports to America through standard channels. The resulting investment has been welcomed in Egypt, but some clothing and textile industry commentators are warning that large Chinese firms could muscle out local players unless Egyptian businesses are given time to mature.…

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EU/WTO REGULATORY ROUND UP – EU FOOD AND DRINKS SECTOR TO READY ITSELF FOR SINGLE USE PLASTICS BAN



THE EUROPEAN Union (EU) food and drinks sector will have to prepare itself to find alternative materials to plastics, after the European Parliament and EU Council of Ministers struck a deal on approving European Commission proposals to ban single-use plastics. Under a new directive – now on track to receive formal approval by this summer (2019) – the EU will ban the use of such materials where alternatives are easily available and affordable.…

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JOHNSON & JOHNSON FACES GROWING CANCER LAWSUIT THREAT OVER TALC ASBESTOS CLAIMS



EMBATTLED Johnson & Johnson (J&J) has launched appeal proceedings against a mammoth USD4.69 billion judgement as it fights on to salvage its reputation amid increasing claims its Baby Powder causes cancer.

Dubbed by one attorney as the biggest public health scandal after tobacco, the American personal care product giant is currently fending off almost 12,000 other lawsuits.…

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EASTERN EUROPE’S MARKET DIVERSITY POSES REAL CHALLENGE FOR BEAUTY MAJORS SEEKING HIGH REGIONAL PROFILE



EASTERN Europe remains a highly diverse market, where major beauty brands must think strategically to achieve economies of scale and a regional presence that really deliver profits. This is also a region where some markets are significantly bigger than others – with Russia and Poland being key targets.…

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GROWTH IN ECO-PAINTS BRIGHTEN SLUGGISH PERFORMANCE BY GERMAN PAINT SECTOR IN 2018



GERMANY’S paint and coatings sector seems set in stasis, with 2018 expected to be another year with a slight market downturn. That said, increased interest in sustainability continues to drive the demand for more ecologically friendly products.

Given the sluggishness of overall sales, the German industry has viewed with relief results from 2018’s third quarter, where the national coatings and printing ink sector saw a rise in exports.…

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CHINESE PERSONAL CARE PRODUCT MARKET MATURES AS ONLINE SALES BOOM



It is hard to avoid either a cosmetics store or an advertisement for one in Chinese cities today. A mind-boggling wave of new retailers set up by investment firms to cash in on the cosmetics and personal care boom are eagerly seeking franchisees around the country.…

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INTERNATIONAL REGULATORY ROUND UP - RETALIATORY DUTIES ON USA CONFECTIONERY AND INGREDIENTS EXPORTS CHALLENGED AT WTO



THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling sought by the USA on whether retaliatory duties imposed by the European Union (EU), Canada, China, and Mexico on US confectionery and sweet bakery and associated ingredient exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

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AMERICAN MEAT INDUSTRY ASSOCIATIONS WELCOME FARM BILL PASSAGE



The approval last week by the outgoing ‘lame duck’ Congress of the United States of an USD867 billion 2019 Farm Bill, which allocates subsidies to American farmers, has greeted with relief and enthusiasm by US meat and livestock producers.

With President Donald Trump expected to sign the bill into law this week, the certainty injected into the industry through this five-year spending plan is cheering farmers, including meat producers, who have seen steep declines in prices and revenues as a result of the US trade dispute with China.…

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DUTCH CARIBBEAN UNDER SPOTLIGHT OVER MONEY LAUNDERING CONTROL WEAKNESSES



THE DUTCH Caribbean continues to have a weak reputation for fighting money laundering, and to a lesser extent terror financing, with the US 2017 International Narcotics Control Strategy Report (INCSR) highlighting weaknesses in its three autonomous jurisdictions. See https://www.state.gov/documents/organization/268024.pdf

Aruba, Curaçao and Sint Maarten are ‘countries’ within the Kingdom of the Netherlands, with their own prime ministers, while less populous islands Bonaire, St Eustatius (Statia) and Saba are municipalities, with fewer powers vested in their island councils, and the Dutch government being responsible for enforcing international anti-money laundering and combating the financing of terrorism (AML/CFT) norms.…

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INTERNATIONAL REGULATORY ROUND UP – CHINA KNITTED FABRIC EXPORTS HIT BY AMERICAN DUTIES



CHINESE exports of knitted fabrics have been hit by major USA duties in the latest round of tit-for-tat tariffs imposed in the countries’ ongoing trade war. China exported USD470 million’s worth of knitted and crocheted fabrics to the USA in 2017, according to international trade data.…

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CHINA’S TRADE WAR WITH AMERICA COULD ACCELERATE CLOTHING AND TEXTILE MANUFACTURING GROWTH IN AFRICA



AFRICAN garment and textile manufacturers have a long way to go to increase capacity, develop the supply chain and diversify overall production away from North Africa, an industry conference staged in Cairo has been told. But while north Africa accounts for more than USD10 billion out the continent’s USD13.54 billion in clothing and textile exports (during 2016, according to international trade data), the much discussed potential of Africa as the world’s next sourcing hub is starting to materialise.…

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RETALIATORY DUTIES ON USA DRINKS EXPORTS CHALLENGED AT WTO



THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling on whether retaliatory duties imposed by the European Union (EU), Canada, China, and Mexico on US drinks exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

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CHINA’S TRADE WAR WITH AMERICA COULD ACCELERATE CLOTHING AND TEXTILE MANUFACTURING GROWTH IN AFRICA



AFRICAN garment and textile manufacturers have a long way to go to increase capacity, develop the supply chain and diversify overall production away from North Africa, an industry conference staged in Cairo has been told. But while north Africa accounts for more than USD10 billion out the continent’s USD13.54 billion in clothing and textile exports (during 2016, according to international trade data), the much discussed potential of Africa as the world’s next sourcing hub is starting to materialise.…

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RETALIATORY DUTIES ON USA DRINKS EXPORTS CHALLENGED AT WTO



THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling on whether retaliatory duties imposed by the European Union (EU), Canada, China, and Mexico on US drinks exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

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RETALIATORY DUTIES ON USA MEAT EXPORTS CHALLENGED AT WTO



THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has agreed to establish disputes settlement panels to rule on whether retaliatory duties imposed by Canada, China, and Mexico on US meat exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

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GLOBAL SHIFT TOWARDS BLOCKING ANIMAL TESTING ON COSMETICS CONTINUES TO ROLL FORWARD



MPs in Canada have returned to their House of Commons after the traditional summer break, when they are expected to vote on a draft law, the Cruelty-Free Cosmetics Act, that would ban the testing of cosmetics and their ingredients on annals in Canada and block the sale of personal care products that have been assessed using such techniques.…

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ENVIRONMENTAL CONCERNS AND PUBLIC INFRASTRUCTURE SPENDING BOOSTS GEOTEXTILE SALES



WITH environmental concerns increasingly important worldwide as a key plank of sustainable development, the role that effective geo-textiles can play in ensuring infrastructure performs effectively in the longer term is underpinning demand for these products.

In June 2017, Global Market Insights released a report on geotextile market size by material, application, region, price, market share and forecasts for 2017–2024, which stated that “positive application outlook in construction, agriculture, erosion control, and drainage should drive geotextile market size” globally.…

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EU ROUND UP – KEY COATING CHEMICALS BRANDED AS HARMFUL BY EU AGENCY



AN INDUSTRIAL chemical used to make paints, primers, varnishes and coatings should be regarded as carcinogenic and regulated accordingly, a European Chemicals Agency (ECHA) committee has concluded. Its committee for risk assessment (RAC) said that exposure butanone oxime carried this risk as well as causing drowsiness or dizziness if swallowed and being harmful in contact with skin, could cause damage to the upper respiratory tract after a single exposure and damage to the blood system through prolonged or repeated exposure.…

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CHARITIES STILL STRUGGLE TO AVOID BEING TAINTED WITH TERRORIST FINANCING



Charities continue to be at risk of being exploited by terrorist groups looking to transfer money and finance their operations, with the Middle East a high-risk area.

These non-governmental organisations (NGOs) are, however, criticising the extra scrutiny the sector is facing from regulators, banks and governments, saying it is driving charity financing into the shadows, actually increasing risks of financing by crime and terror groups.…

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DOMINICAN REPUBLIC LEADERS HOPE CLOTHING EXPORTS CAN GROW, DESPITE END OF USA ALLOWANCE



THE IMPENDING December 1 expiration of the Dominican Republic Earned Import Allowance Program (DR 2-for-1 or EIAP) has been met with equanimity by the Caribbean country and its manufacturers who hope the trading relationships created by the system can expand.

With the CAFTA-DR (Central America-Dominican Republic-United States Free Trade Agreement) continuing, the Dominican deputy minister of foreign trade Yahaira Sosa said in a recent speech: “Although not everything has gone as planned, regarding… exports and attraction of foreign direct investment (FDI), there are points that deserve to be highlighted.”…

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USMCA DEAL PUSHES AMERICAN DAIRY INTO PROTECTED CANADIAN MARKET – ALTHOUGH GAINS WILL BE INCREMENTAL



COMMENTATORS may scoff at President Donald Trump’s ‘Art of the Deal’ negotiating pretentions, but it would be hard to argue that the American food sector was not a winner in the new USA-Mexico-Canada Agreement (USMCA) trade deal, stuck on September 30.…

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NEW NORTH AMERICAN TRADE DEAL PROMOTES REGULATORY HARMONISATION – EUROPEAN EXPORTERS COULD BENEFIT



THE PLASTICS industries of the United States, Canada and Mexico have something to cheer about – at last – from American trade policy – a north American trade deal that cuts regulatory barriers as well as tariffs. But as these three plastics markets – with a combined population of close to 500 million people – become more integrated, will this make them a tougher mark for European plastics exporters, who lack trade deals with the USA, especially.…

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SENEGAL DAIRY INDUSTRY FAILS TO MEET LOCAL DEMAND – EUROPEAN EXPORTERS SAY IT S NOT THEIR FAULT



COLLABORATION between processors and national institutions is the key to boosting the

downtrodden dairy industry in Senegal, agriculture experts have warned, with European

suppliers denying their cheap exports are to blame for a dearth of dairy development in the west

African country.…

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IRELAND’S DAIRY INDUSTRY GOES GLOBAL AND DIVERSIFIES, AS IT SEEKS INSULATION FROM BREXIT DISRUPTION



The recent sight of a Chinese internet celebrity in a milking parlour in Limerick could be a hint of what the future holds for Ireland’s increasingly international dairy industry. Xiao Lu Yu, one of the ‘influencers’ who monetise Chinese social media (see https://m.weibo.cn/status/4279583182420503

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INTERNATIONAL REGULATORY ROUND UP – US-CHINA TRADE WAR HITS CONFECTIONERY EXPORTERS



 

AMERICAN confectioners may suffer from the latest tit-for-tat tariff exchange between the USA and China, with retaliatory duties from China targeting US confectionery exports. Many of these duties are high – at 25% – imposed from September 24 on US-made sugar; cocoa powder; milk powder; honey; jams; and more; plus 20% duties on US-made confectionery without cocoa; chewing gum; some chocolates; and more.…

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INDONESIA LOOKS TO OPEN NEW TEXTILE MARKETS WITH FREE TRADE PACTS



Indonesia is seeking to open new markets for its textile and garment products – not only are free trade agreements with Australia and fellow Asian countries are on the cards, the industry’s association and the government has announced, but the industry is also targeting African export sales.…

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CHINESE CIGARETTE EXPORTERS TO SUFFER FROM TARIFFS IN LATEST ROUND OF USA-CHINA TRADE WAR



THE CHINESE cigarette manufacturing sector will be counting the cost of new duties imposed on its exports to the USA in the latest tit-for-tat tariff round imposed during the ongoing trade war between Beijing and Washington.

This follows the US Trade Representative (USTR) on September 18 confirming that America will be imposing additional 10% tariffs on a wide range of tobacco products, including leaf, from China.…

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CHINA PUTS KNITWEAR INTO RETALIATORY DUTY FRAME AS TRUMP TRADE WAR INTENSIFIES



THE CHINESE government has directly targeted the American knitwear sector in the latest tit-for-tat response in the trade wars launched by US President Donald Trump. Beijing has highlighted knitted goods in a list of products that maybe subject to retaliatory tariffs, should the USA impose a threatened third list of duties on Chinese tech, drafted over alleged thefts of American IP.…

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AMERICAN AND CHINESE AUTO PARTS MANUFACTURERS HIT IN LATEST TRADE WAR TARIFF EXCHANGE



AMERICAN and Chinese automotive parts exporters could both suffer from the latest tit-for-tat round of protective duties imposed by their governments.

China exporters may have the most to lose if the US tariffs deter American purchases. The US Trade Representative (USTR) confirmed on September 18 that the US America will be imposing 10% tariffs on a wide range of products, also including personal care exports, from China.…

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TRUMP DUTIES ON CHINESE FOOD IMPORTS PROMPTS RETALIATORY ACTION BY BEIJING



CHINA’S ministry of finance has responded swiftly to the announcement that America will be imposing 10% tariffs on food exports from China from September 24, with Beijing imposing retaliatory tariffs.

Some of these tariffs are higher than the US rates – to be imposed the same day – at 25% on a wide range of food products, including US-made fresh or cold boned lamb; dried, smoked and salted beef; frozen peas and frozen spinach; pepper; a range of starches, including from potatoes; a wide range of edible oils; mustard; sugar; cocoa powder; milk powder; stuffed pasta; jams; and more –

ee https://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fgss.mof.gov.cn%2Fzhengwuxinxi%2Fzhengcefabu%2F201808%2Ft20180803_2980950.html&sandbox=1…

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GREENLAND GOVERNMENT LOSES PARLIAMENTARY MAJORITY OVER AIRPORT ROW



GREENLAND’S coalition government has lost its parliamentary majority after accepting that the Danish state could pay Danish Krone DKK700 million (USD109 million) to secure a 33% share of Greenlandic airport operator Kalaallit Airports A/S. Partii Naleraq, a pro-independence party, quit the ruling bloc because it would give Denmark, which controls Greenland defence and foreign policy, control over island transport policy.…

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TRUMP PUSHES AHEAD WITH DUTIES ON CHINESE MEAT – RETALIATORY DUTIES HAVE FOLLOWED



THE US meat industry will be counting the cost of retaliatory tariffs announced today (Sept 18) by the Chinese government on American meat exports. This follows the US Trade Representative (USTR) today confirmed that America will be imposing 10% tariffs on a wide range of products, including meat exports, from China.…

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TRUMP PUSHES AHEAD WITH DUTIES ON CHINESE DRINKS – RETALIATORY DUTIES HAVE FOLLOWED



THE US Trade Representative (USTR) today confirmed that America will be imposing 10% tariffs on drinks exports from China from September 24, rising to 25% on January 1 (2019), with the Chinese government responding immediately with retaliatory tariffs. The US action covers a wide range of drinks imports from China, including beer, wine (sparkling, still and including rice wine), and alcoholic spirits used for fortification – undenatured ethyl alcohol of 80% abv or higher.…

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TECHNICAL TEXTILE SECTOR KEEPS CLOSE EYE ON UNSTABLE GLOBAL TRADE POLICIES WHICH COULD HARM PRODUCERS



WITH the old certainties that the world would move steadily towards ever freer trade now crumbling, the technical textile sector is closely monitoring shifts in trade policy by key governments and international organisations.

This industry depends on the free flow of materials and finished goods – and unlike many textile segments – still has a significant manufacturing presence in mature markets, making the impact of trade policy changes complex and hard to predict.…

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AFRICAN DEVELOPMENT BANK PLOTS AMBITIOUS SOLAR ENERGY EXPANSION FOR SAHEL REGION



SOLAR energy in Africa ought to be a no brainer. The continent has lot of sun, and weak electricity supplies, especially in the Sahel and sub-Saharan Africa. And yet, climate finance that has developed since the Paris climate change agreement of 2015, that could help grow green energy in this sunny continent, has not focused on Africa.…

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USA PERSONAL CARE PRODUCTS HIT BY CHINESE DUTIES AS RETALIATION TO LATEST TRUMP TARIFFS ON CHINA EXPORTS



THE AMERICAN personal care product sector is counting the cost of retaliatory tariffs announced yesterday (Sept 18) by the Chinese government on American beauty exports.

This follows the US Trade Representative (USTR) confirming that America will be imposing 10% tariffs on a wide range of products, also including personal care exports, from China.…

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INTERNATIONAL REGULATORY ROUND UP – CHINA PLANS TO HIT AMERICAN CONFECTIONERS WITH TARIFFS



 

THE CHINESE government has directly targeted the American confectionery and related ingredients sector in its latest tit-for-tat response in the trade wars launched by US President Donald Trump. Beijing has highlighted these goods as products that may become subject to retaliatory tariffs, should the USA impose a threatened third list of duties on Chinese tech, drafted over alleged thefts of American IP.…

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MULTIPLE TRADE DEALS ALWAYS LIMIT GOVERNMENT POLICY FREEDOMS – A POLITICAL TRUTH UNDERMINING BREXITEER ‘CONTROL’ GOALS

BRITAIN is about to embark on a withdrawal from the European Union (EU) that could leave its government with much less control over many policies and laws than at present because the policy’s promoters – dubbed Brexiteers – may have ignored a major contradiction in future trade policy.

They say the UK can forge its own future by negotiating bespoke trade deals that reflect British interests rather than those of Brussels. But the more comprehensive deals Britain strikes, the more its room to manoeuvre will shrink – because all its trading partners (who are also striking deals with each other) will have to agree the same or similar terms for such deals to work.…

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WHISTLEBLOWING LAWS WILL BOOST FIGHT AGAINST MONEY LAUNDERING, SAY EXPERTS



NEW European Union (EU) rules on whistleblower protection proposed by the European Commission will help the fight against money laundering and terrorist financing, EU experts have told Money Laundering Bulletin.

The proposals unveiled on April 23 for a directive ‘on the protection of persons reporting on breaches of Union law[*], “will strengthen the enforcement of the fourth anti-money laundering directive [4AMLD], complementing the directive’s existing rules [Article 61] on whistleblower protection, aligning them with the common high standards of protection,” a Commission official said.…

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NICARAGUA SECURITY EXPERT SAYS BUYERS MUST PLAN SOURCING VISITS CAREFULLY AND HAVE QUICK EXIT STRATEGY



International garment buyers visiting Nicaragua on sourcing trips have been warned to take additional precautions by a security expert linked to the US Fashion Industry Association (USFIA) because of the ongoing and escalating political unrest.

They are being advised liaise closely with local contacts about appropriate travel plans and potential factory closures, being aware that manufacturers may be wary of making public statements about the troubles, to avoid upsetting the government.…

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HANESBRANDS INVESTS IN EL SALVADOR IN 2018 AS COUNTRY JOINS REGIONAL CUSTOMS UNION



US textile manufacturer HanesBrands says it has invested USD5.2 million in new technology and staff in El Salvador in the last six months and plans to inject USD5.2 million more in the central American country by the New Year. The international manufacturer has so far this year set up a new garment dying line at its San Juan Opico, La Libertad department plant, expanded its socks production in the same complex, and increased its workforce to meet global demand.…

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EXPANDED CENTRAL AMERICAN CUSTOMS UNION WILL BOOST HONDURAN CLOTHING AND TEXTILE LOGISTICS, EXPORTS



THE HONDURAS clothing sector industry association has welcomed the expansion of the Central American Customs Union into a three-country bloc, with El Salvador joining Guatemala and Honduras to forge a light border trading zone of more than 32 million people. El Salvador will officially accede to the union (see below for more information) in November, allowing 95% of products manufactured in its members to freely circulate in the region duty free through common customs, security, and other rules, strengthening local supply chains.…

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DECARBONISATION POSSIBLE BEFORE 2050, SAYS HEAD OF EURELECTRIC



 

EUROPE can meet its goal of cleaning up the power sector several years earlier than by the European Union’s (EU) self-imposed deadline of 2050, according to Kristian Ruby, secretary general of the Union of the Electricity Industry – Eurelectric, the sector association representing the industry at pan-European level.…

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IRELAND’S SERVICE STATION CHAINS ARE RADICALLY CHANGING THE RETAIL SCENE TO A US OUT-OF-TOWN ROAD STOPS



LARGE motorway service areas have become a recent feature of the Irish landscape, with plaza-type facilities incorporating fuel, food and grocery retailers under one roof.  However, the key players in the forecourt market, which is increasingly held by Irish firms Maxol and Applegreen, along with Canadian newcomer Couche-Tard – are now racing to reposition themselves given the Irish government plans by 2030 to end sales of petrol and diesel vehicles.…

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ITALIAN PAINT PRODUCERS LOOK ABROAD, INNOVATE TO BOOST SALES



THE SCALE of Italy’s paints and varnishes sector remained relatively unchanged through 2017, according to AVISA, a division of Federchimica, the national chemicals industry association. Werther Colonna, president of AVISA, told Polymers Paint Colour Journal (PPCJ) that the sector suffered a difficult year in 2017, marked by a succession of ups and downs, which translated into fluctuating monthly sales.…

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FRENCH PAINT MARKET SET TO PROFIT FROM BUOYANT CONSTRUCTION AND HOME IMPROVEMENT MARKET



THE FRENCH paint and varnishes industry saw sales decline for the third consecutive year in 2016, contracting by 1.6% year-on-year to EUR2.9 billion, according to market research company Euromonitor International. It believes, however, that business should pick up in the coming years due to rising construction of homes.…

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AML RESOURCES SHOULD BE BETTER TARGETED TO FIGHT LOOMING CAPACITY CRISIS, EXPERTS ADVISE



CONCERNS continue to grow about capacity in anti-money laundering/combating the financing of terrorism (AML/CFT) systems, with managers being urged to take advantage of the AML profession’s openness to change.

A Dow Jones/ACAMS (Association of Certified Anti-Money Laundering Specialists) global anti-money laundering survey focusing on retail and commercial banking, private banking/wealth management and investment banking, released April 2016, showed 60% of respondents cited increased regulatory expectations as the greatest AML compliance challenge (http://files.acams.org/pdfs/2016/Dow_Jones_and_ACAMS_Global_Anti-Money_Laundering_Survey_Results_2016.pdf

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US CLOTHING INDUSTRY MEETS IN WASHINGTON TO DISCUSS RESISTING TRUMP TARIFFS



THE USA’s clothing industry has met in Washington DC to plot tactics designed to push the Trump administration away from a protectionist policy that it regards as potentially damaging for brands, retailers and their consumers.

A trade symposium staged last Thursday (July 12) by the United States Fashion Industry Association (USFIA) united clothing sector executives, compliance chiefs, customs specialists and government affairs managers.…

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MAJOR JAPAN NOODLE MANUFACTURER PLOTS NEW FACTORY IN NORTHERN FRANCE



 

Looking to tap into Europe’s growing hunger for Japanese cuisine – and ramen noodles especially – noodle-maker Takara Sangyo Co Ltd, has announced plans to open its first European production facility in France.

The company, which is headquartered in Kyoto, is to invest EUR2.6 million in establishing a new plant in the town of Amblainville, Hauts-de-France region, in northern France, although no date has yet been set for production to commence, an official told just-food.com.…

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DBL LEADS BANGLADESH MANUFACTURERS IN EMBRACING DIGITAL-FOCUSED GROWTH



The digital integration of Bangladesh’s booming textiles and garment sector is gaining pace, with ‘Industry 4.0’ becoming a watchword for becoming more competitive. One company that has been taking such technological development very seriously is the Dhaka-based DBL Group, which has targeted digital efficiencies to turbocharge its business growth. …

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NAVBLUE WORKS WITH BOGOTÁ AIRPORT TO RESHAPE AIR SPACE MANAGEMENT AND BOOT CAPACITY



AN INNOVATIVE air traffic management switch from land-based ATC services using classic vectoring, to a performance-based navigation (PBN) arrangement using airliner satellite positioning and RNP-AR (required navigation performance – authorisation required) has dramatically increased the traffic capacity of El Dorado International Airport, Bogotá, Colombia.…

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CHINA AUTO SECTOR TO BE HIT BE NEW TRUMP USA TARIFFS



CHINA’S automotive manufacturing sectors will be counting the cost of new tariffs announced today (Friday, June 15) by the USA Trade Representative (USTR). They involve USD50 billion’s worth of Chinese exports being hit by 25% duties, additional to any other duties already applied.…

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DISTRIBUTED POWER GENERATION WITH STORAGE CAN ASSIST RENEWABLES GROWTH BUT FACES OBSTACLES



GROWTH of distributed renewable power generation with storage is set to pick up significantly in key global regions of demand for electricity. Quantifying its impact on the rate at which renewables will capture share in the energy mix is made difficult by its often-hidden nature, but some utilities and energy policy makers are starting to get to grips with the challenge – the eventual results will be of interest to oil and gas marketers.…

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KENYA UNIVERSITY CONFERENCE CALLS FOR MORE CRITICAL THINKING IN KENYAN UNIVERSITIES



EDUCATIONALISTS have called upon Kenyan universities to include social justice and transformation in their teaching curriculum, to prepare graduates to serve their societies selflessly and diligently.

At a conference called ‘Touching Hearts, Teaching Minds and Transforming Lives’, staged at Tangaza University College, in the capital Nairobi, delegates were told Kenyan students are not fully prepared for the society they are expected work and serve within, upon graduation in the current system.…

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INVESTMENT GROWS IN EMERGING MARKET NONWOVENS AS GLOBAL GROWTH EXPECTATIONS RISE



THE NONWOVENS sector has always been at the cutting edge of materials production, and so established developed economy manufacturers have often had the edge. But with global markets integrating, and emerging economies becoming increasingly sophisticated, new nonwovens manufacturing bases are growing all the time.…

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CHINA LITHIUM BATTERY SECTOR TO BE HIT BE NEW TRUMP USA TARIFFS



CHINA’S lithium battery manufacturers will be counting the cost of new tariffs announced on Friday (June 15) by the USA Trade Representative (USTR). They involve USD50 billion’s worth of Chinese exports being hit by 25% duties, additional to any other duties already applied.…

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CHINA POULTRY EQUIPMENT SECTOR TO BE HIT BE NEW TRUMP USA TARIFFS



AMERICA’S pork exporters will be counting the cost of new 25% tariffs announced on Saturday (June 16), by the Customs Tariff Commission of the State Council of China, on USA-made meat and poultry exports. The duties were a response to tariffs announced the day before (June 15) by the USA Trade Representative (USTR), on China-made meat preparation and poultry-keeping equipment.…

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US PERSONAL CARE PRODUCT INDUSTRY FACES TOUGH TARIFFS IN EUROPE AND CANADA FOLLOWING TRUMP DUTIES



THE USA personal care product industry is under fire, with the European Union (EU) and Canada and Mexico announcing plans to impose protective duties on American exports following the decision by the Trump administration to levy tariffs on streel and aluminium exports on these key trading partners.…

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CHINESE PLASTICS SECTOR THREATENED BY US TARIFFS



EUROPE’S plastics manufacturing and plastics manufacturing machine sectors may be able to increase exports to the USA and China because of the trade war between the two countries that has broken out.

New American tariffs announced (Friday, June 15) by the USA Trade Representative (USTR) involve USD50 billion’s worth of Chinese exports being hit by 25% duties, additional to any other duties already applied, imposed over claims that Chinese companies are filching American intellectual property.…

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US PERSONAL CARE PRODUCT INDUSTRY FACES TOUGH TARIFFS IN EUROPE AND CANADA FOLLOWING TRUMP DUTIES



THE USA personal care product industry is under fire, with the European Union (EU) and Canada and Mexico announcing plans to impose protective duties on American exports following the decision by the Trump administration to levy tariffs on streel and aluminium exports on these key trading partners.…

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BEAUTY AND PERSONAL CARE TAKES A BACK SEAT AS LATIN AMERICAN ECONOMIES STRUGGLE OUT OF RECESSION



THE LATIN American personal care product market, buffeted in recent years by economic and political instability, looks back on track, with trouble-spots such as Venezuela being very much an exception to overall progress.

Data released by market researcher Euromonitor International has said that the region’s beauty and personal care product sales in 2017 topped USD65 billion in 2017, growing by 42.5% between 2012 and last year.…

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INTERNATIONAL REGULATORY ROUND UP – TRADE WARS THREATEN CONFECTIONERY AND SWEET BAKERY SECTOR



THE INTERNATIONAL Cocoa Organisation (ICCO) has released an ambitious policy plan designed to steer the industry towards sustainability. Called the Berlin Declaration, having been released at the fourth World Cocoa Conference, of governments, farmers, traders, grinders, processors, manufacturers, researchers, trade unions, civil society organisations, trade unions, consumer organisations, it says higher farm gate prices should be paid.…

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USA AND CANADIAN AUTO SECTOR TO SIZE UP IMPACT OF METAL DUTIES, WHILE NAFTA PROSPECTS LOOK GLOOMY



THE AMERICAN and Canadian automotive industries will be counting the cost of new tariffs being imposed on steel and aluminum traded between their countries, following the decision yesterday by the Trump administration to start collecting 25% on Canadian steel and 10% on aluminum.…

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ARGENTINE AUTO SECTOR’S HOPES FOR STELLA 2018 DASHED BY PESO CURRENCY COLLAPSE



Argentina’s auto industry had expected a near record year in 2018, but unexpected financial problems that have hit the country in the past month could push the economy into recession and dampen local demand for cars. 
These problems are a far cry from the optimism expressed on April 4, when the heads of three carmakers spoke bullishly about production and sales growth at a business conference staged in Buenos Aires by economic consultancy Invecq Consulting. …

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MEXICO RESPONDS IN ANGER TO TRUMP METAL DUTIES



THE IMPOSITION of tariffs on American imports of steel and aluminium has prompted anger in Mexico, which is the largest US aluminium buyer and the second largest buyer of American steel. However, with Mexico also a major exporter of these metals to the USA (USD1.7 billion’s worth of steel and iron was sent north in 2017 and USD1 billion’s worth of Mexican aluminium was sold to the US last year), the tariffs will harm Mexico’s economy.…

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INDIA LAUNCHES WTO TRADE DISPUTE AGAINST THE USA OVER TRUMP METAL TARIFFS



The Indian government has launched a disputes proceeding at the World Trade Organisation (WTO), protesting at the USA’s imposition of duties of 25% and 10% on imports of India-made steel and aluminium products.

New Delhi argues that the tariffs, imposed on March 23 by the Trump administration to protect and expand American aluminium and steel production, break the WTO’s General Agreement on Tariffs and Trade (GATT) and its Agreement on Safeguards.…

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EXPERTS REFINE FORENSIC LINGUISTICS TO DETECT FRAUD



TECHNIQUES for using forensic linguistics to detect fraud continue to be refined as experts debate the best and most reliable way to use such technology and practices. Indeed, specialists continue to disagree over how forensic linguistics should be used in the anti-fraud arena.…

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USA TECHNICAL TEXTILE INDUSTRY BOOMS ON THE BACK OF TRAGEDY AND ECONOMIC GROWTH



TECHNICAL textile markets can be driven and shaped by a range of forces – from natural disasters, to technological change, economic developments and political movements. In the case of the USA, at present, the technical textile market and industry is being moved by all these influences at the same time.…

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GROWING WAVE OF DIGITAL TECHNOLOGY IN AMERICA IS ENCOURAGING OPTIMISM IN RESHORING MOVEMENT



A GROWING wave of sophisticated digital technologies and automation is helping the US apparel sector to produce custom-made, locally-manufactured, on-demand clothing, at a scale that some critics thought was never possible.

Atlanta US-based machine vision and Artificial Intelligence start-up SoftWear Automation Inc, which launched autonomous sewing worklines in 2012 after seven years of research – says it has successfully overcome this challenge.…

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AMERICAN COTTON AND CLOTHES MANUFACTURERS CALL FOR US AND CHINA TO DRAW BACK FROM TARIFF WAR



The National Cotton Council of America (NCC) has warned that “China’s announcement of significantly higher proposed tariffs on US raw cotton shipped to that country would significantly harm the economic health of the US cotton industry.”

Commenting on how the Chinese government has said it may impose these duties if the USA goes ahead with its plans to impose 25% duties on mostly technological imports from China (including textile machinery), the NCC noted that for the current 2017 crop year, China is America’s second largest cotton export market, with purchases of approximately 2.5 million bales of US cotton.…

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IN PRICEY ARGENTINA, DIGITAL PRINTING CATCHES ON



HIGH textile industry production costs in Argentina are encouraging manufacturers to look at investments in digital fabric printing to give them the flexibility they need to compete against imports and in export markets.

At a recent textile trade fair this month (April) in Buenos Aires, digital technology was all the buzz. …

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INNOVATION SHOWCASES THE KEY AS COSMOPROF KEEPS EXPANDING



THE ORGANISERS of Italy’s premier beauty trade fair, Cosmoprof Worldwide Bologna, are claiming a record number of visitors and international buyers attending this year’s 51st edition of the event from March 15-19. Exceeding the 250,000 visitors from last year’s Cosmoprof, attending foreign buyers, distributors and retail representatives grew 11% in 2018, year-on-year.…

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MARITIME CYBER ATTACKS POSE MAJOR RISKS



THE MARITIME industry has been slow to acknowledge the threat posed to it by cyber attacks but the increasing connectivity of technologies across all layers of the supply chain create a tempting target for hackers. Sarah Gibbons reports. 

 

WITH increasing levels of connectivity across global supply chains, the maritime industry faces a significant risk of cyber-attacks.…

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BRAZILIAN AND ARGENTINIAN TEXTILE TRADE STEADY DESPITE HIGH COSTS



TRADE in clothing and textiles between Brazil and Argentina has been growing, as manufacturers in these neighbouring South America countries rein in their comparatively high costs, according to international trade data. Brazilian textile and apparel exports to Argentina rose 4.9% to USD251 million in 2017 from USD239 million in 2016, while Brazil’s imports from its southern neighbour shot up 22.6% to USD86.9 million from USD70.9 million over the same period. …

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FREE SPEECH ON CAMPUS: CHALLENGES FOR MINORITY RIGHTS AND DEMOCRATIC VALUES - 2018 WORLDVIEWS LECTURE



Are students and academics free to speak their mind on university and college campuses in north America? And how should higher education institutions respond when one person’s free speech silences or harms another? These issues have been highlighted at the fourth annual Worldviews Lecture at the University of Toronto, at which University World News was a media sponsor.…

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INTERNATIONAL REGULATORY ROUND UP – TRADE WARS THREATEN KNITWEAR SECTOR



THE INTERNATIONAL knitwear sector has found itself at the centre of the ongoing turmoil in global trade relations, with major jurisdictions considering imposing tariffs on knitted products, inputs and related machinery.

One concern focuses on how the USA has proposed imposing 25% duties on a wide-range of China-made manufactured goods over alleged thefts of American intellectual property by Chinese industrialists.…

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US CLOTHING SECTOR RAISES WARNING OVER CHINA COTTON DUTIES IN LATEST TRADE ROW



The United States Fashion Industry Association (USFIA) has raised significant concerns about the risk of 25% duties being imposed on imports into China of American-produced cotton, as the latest trade row between Washington and Beijing ramps up.

Stung by the announcement of the USA’s planned imposition of 25% duties on a wide-range of Chinese manufactured goods (among them clothing-making machinery, such as knitting machines and finishing equipment), over allegations of intellectual property theft, China has announced possible retaliatory duties.…

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US CLOTHING SECTOR LOOKS TO INNOVATION TO SHARPEN EDGE IN UNCERTAIN TIMES



The American Apparel & Footwear Association (AAFA) conference in Washington DC, on April 25, has heard how the clothing sector needs to boost innovation to sharpen its competitive edge in commercially uncertain times.

Whether creating prototypes from designs within minutes through 3D printing, fabrics being dyed as completed pieces and introducing wearable technology throughout wardrobes, speakers stressed how new concepts could all become mainstream in the clothing industry’s future.…

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US TOBACCO EXPORTS IN FIRING LINE AS EUROPEAN UNION THREATENS RETALIATION OVER TRUMP METAL DUTIES



THE EUROPEAN Union (EU) has warned that is prepared to impose temporary safeguard duties on imports into the EU of USA-made tobacco and tobacco products, if the US government imposes import duties on EU-made aluminium and steel imports.

Washington sparked a major diplomatic row when announcing the duties.…

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INDONESIAN TEXTILE ASSOCIATION BOSS UPBEAT ABOUT HIS INDUSTRY’S FUTURE, BUT ACCEPTS CHALLENGES PAY AHEAD



THE FUTURE of Indonesia’s textile and garment industry could be bright, but it companies must deal with the challenges of high energy costs and competition from regional neighbours to succeed, said Ade Sudrajat the chairman of the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia).…

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US TRUCK EXPORTS IN FIRING LINE AS EUROPEAN UNION THREATENS RETALIATION OVER TRUMP METAL DUTIES



 

THE EUROPEAN Union (EU) has warned that is prepared to impose temporary safeguard duties on imports into the EU of USA-made trucks, as it launched its reaction to the erection of American import duties on aluminium and steel imports.

The EU executive, the European Commission, has released a draft list of products which may in future attract retaliatory duties, and this includes trucks weighing under five tonnes, above and below 2,500cc engine capacity, which are diesel and semi-diesel.…

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METHANE HYDRATES STORE VAST AMOUNTS OF NATURAL GAS – BUT THEIR EXPLOITATION REMANS UNECONOMIC FOR NOW



 

International activity to understand and potentially extract natural gas from methane hydrates has intensified since 2010 with the continuation and launch of new research and development (R&D) projects and field production tests offshore and onshore, as shown in a new overview by Carolyn D Ruppel, chief of the gas hydrates project at the United States Geological Survey (USGS).(1)…

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EU ROUND UP – ECHA PROPOSES PAINT AND COATING WORKER EXPOSURE LIMITS FOR KEY INGREDIENTS



 

THE EUROPEAN Chemical Agency’s (ECHA) committee for risk assessment (RAC) has proposed a recommended occupational exposure limit (OEL) for paint and coating ingredient benzene, a genotoxic carcinogen causing leukaemia. Following an inquiry, the committee has concluded that the threshold should be based on indirect genotoxic effects of benzene in workers, including paint and coating manufacturing staff – recommending a low European Union (EU)-wide limit of 0.05 parts per million.…

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SHIFT TO RENEWABLE ENERGY AND ELECTRIC CARS WILL SHIFT MINERAL MARKETS FOR DECADES, CONFERENCE HEARS



THE GROWTH in global renewable energy and electric car markets is already changing the face of the industrial minerals sector and it will continue to shape demand for years to come, a senior Toronto-based industry conference has been told.

Vancouver-based Gianni Kovacevic, CEO of CopperBank Resources, told this year’s Prospectors & Developers Association of Canada (PDAC) convention that mineral resource companies needed to analyse the likely impact of climate change, and how it feeds into energy and transport infrastructure spending and related environmental regulation.…

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US GLASS AND CERAMICS EXPORTS IN FIRING LINE AS EUROPEAN UNION THREATENS RETALIATION OVER TRUMP DUTIES



THE EUROPEAN Commission has warned that is prepared to impose temporary safeguard duties on imports into the EU of USA-made glass and ceramics, as it launched its reaction to new American import duties on aluminium and steel imports.

The Commission, has released a draft list of products which may in future attract retaliatory safeguard duties.…

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US STEEL AND ALUMINIUM EXPORTS IN FIRING LINE AS EUROPEAN UNION THREATENS RETALIATION OVER TRUMP DUTIES



THE EUROPEAN Commission has warned that is prepared to impose temporary safeguard duties on imports into the EU of USA-made steel and aluminium, as it launched its reaction to new American import duties on aluminium and steel imports.

The Commission, has released a draft list of products which may in future attract retaliatory duties, and this includes a wide range of aluminium and steel products: bars, rods, angles, plate, wire, and more.…

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US CLOTHING EXPORTS IN THE FIRING LINE AS EU PLOTS RETALIATION TO TRUMP METAL DUTIES



THE EUROPEAN Union (EU) has warned that is prepared to impose temporary safeguard duties on imports into the EU of USA-made apparel and textile inputs, as it launched its reaction to the establishment of American import duties on aluminium and steel imports.…

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EU UNVEILS PLAN TO HIT US FOOD IMPORTS WITH RETALIATORY DUTIES OVER TRUMP STEEL AND ALUMINIUM PLAN



THE EUROPEAN Commission today (March 7) put the US food manufacturing industry on notice that it is prepared to impose safeguard duties on American food and drink exports, should President Donald Trump go ahead with his threat to saddle US steel and aluminium imports with heavy tariffs.…

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VIRGIN BACKS THIRD RUNWAY AT HEATHROW – BUT DEMANDS LOWER CHARGES TO AIRLINE AFTER CONSTRUCTION



VIRGIN Atlantic has welcomed plans to build a third runway at London’s Heathrow Airport, calling it “once in a generation opportunity to radically transform airline competition at Heathrow.” And it hoped that that such an expansion would result in lower charges for passengers.…

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EU CLARIFIES PLAN TO HIT US IMPORTS WITH RETALIATORY DUTIES OVER TRUMP STEEL AND ALUMINIUM PLAN



THE EUROPEAN Commission today (March 7) put the US food manufacturing industry on notice that it is prepared to impose safeguard duties on American drinks exports, should President Donald Trump go ahead with his threat to saddle US steel and aluminium imports with heavy tariffs.…

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US FASHION SECTOR CONCERNED OVER TRUMP’S PLANNED METAL DUTIES



REPRESENTATIVES of the USA fashion and apparel industries, along with most of the country’s business community and Congressional leadership, are voicing concern about President Donald Trump’s March 1 announcement that he intends to impose additional tariffs on all imports of steel and aluminium.…

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US BEEF SECTOR UNSETTLED BY THREAT OF CHINESE DUTIES ON AMERICAN BEEF EXPORTS



Representatives of the USA beef industry are voicing consternation over the Chinese government’s announcement that the country is preparing retaliatory sanctions against beef exports as part of its escalating trade war with the United States.

Kent Bacus, director of international trade and market access for the National Cattlemen’s Beef Association (USA), followed up the April 4 Chinese announcement of a potential 25% tariff on USA beef exports with an immediate statement of concern.…

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ACCA-QUALIFIED CARIBBEAN AIRLINE BOSS STEERS HER COMPANY TOWARDS RECOVERY FROM MAJOR HURRICANE LOSSES



RUNNING a complex international air travel business that recovering from 2017’s devastating hurricane season, Caribbean airline boss Julie Reifer-Jones is having to draw on her near three decades’ experience in senior financial management.

Immaculately presented, in killer heels, Reifer-Jones FCCA is not just the first female CEO of Antigua-based airline LIAT, she is the only female CEO of any airline in the Caribbean.…

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MALAYSIAN 2018 BUDGET OFFERS HOPE TO COUNTRY’S TEXTILE SECTOR TO BOOST EXPORTS



THE MALAYSIAN textile industry is pinning hopes on a government decision to reintroduce an export-targeted grant to revive the sector’s declining overseas business.  

The decision to reintroduce the Market Development Grant, offered to SMEs, was announced during the 2018 national budget unveiled in October 2017.…

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UK HOPES THAT AMERICAN EXPORT SALES MAY REPLACE EUROPEAN SALES POST-BREXIT MAYBE FALSE



BRITISH automakers who may be eying lucrative American markets as an alternative to sales that could be lost if the UK quits the European Union (EU) as planned next March (2019) could be disappointed, say experts.

This is despite data released by the UK’s Society of Motor Manufacturers & Traders (SMMT) at the end of January indicating exports of UK-made cars to the US rose by 7% year-on-year in 2017 to almost 210,000 units.…

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US BANCORP TO PAY USD598 MILLION PENALTIES AND FORFEITURES OVER AML FAILURES



US Bancorp and its subsidiary, the US Bank National Association (US Bank), the fifth largest bank in the United States, will pay USD598 million in charges, penalties and forfeits to American regulators and judicial authorities over failures to operate effective anti-money laundering (AML) systems.…

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NONWOVENS SECTOR PUSHES FOR NAFTA RENEGOTIATION TO STRENGTHEN INDUSTRY IN NORTH AMERICA



IF there is one issue that is a key focus of the north American nonwovens sector this year, it has to be the renegotiation of the North American Free Trade Agreement (NAFTA) between the USA, Canada and Mexico.

Tri-lateral talks have now reached their eighth round, with an objective of achieving a new deal by this summer, although observers believe this timescale might slip.…

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DELTA GALIL - INNOVATION IS THE NAME OF THE GAME, SAYS CEO



IF there is a quality that gives many Israeli companies an edge internationally, it is innovation. And this trait can certainly be said to run through the work of Israeli apparel major Delta Galil, based in Caesarea, northern Israel.

“We could not succeed if we were not innovative” said Isaac Dabah, the company’s CEO of Delta Galil, in an exclusive interview with just-style, held at his office.…

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SUITS OFFER PROMISE AS BANGLADESH APPAREL EXPORTERS CHASE BIG TARGET



With China losing its sheen as a low-cost manufacturing heartland, Bangladesh’s clothing exporters are tapping into this opportunity by diversifying into another new higher margin segment — suits.

Senior executives and analysts told just-style how potential larger profits are drawing in major manufacturers, who are now confronting the challenges of building technical knowhow, recruiting skilled labour and attracting global buyers available. …

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JAPAN PLOTS GROWTH IN WAGYU EXPORT SALES TO TAIWAN



JAPANESE wagyu beef exports to Taiwan are set to soar as meat producers tap into demand following the lifting of a 16-year ban on the product, while riding on the tailwind of a Japanese government promotional campaign.

The ban on imports of Japanese wagyu, imposed after an outbreak of bovine spongiform encephalopathy (BSE) or mad cow disease in Japan in 2001, was lifted by the Taiwan government last September (2017).…

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AVIATION TEXTILES QUALITY CONTROLLED BY REGULATION



THE CIVIL aviation industry – for very good safety reasons – is one of the most regulated industries in the world. And suppliers of aviation textiles have to take note. Regulations spring from the Convention on International Civil Aviation, whose annex 8 covers the airworthiness of aircraft.…

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SLUMP IN TOBACCO PRODUCTION - ZAMBIA FEELS THE PINCH.



 

WITH tobacco being a key driver of Zambia’s agriculture sector and a past reliable source of export earnings, a recent decline in leaf production has taken a heavy toll on this southern African country’s economy. Indeed, Zambia saw its agricultural foreign exchange earnings (of all farm-based products) fall by USD100 million in 2017, according to Zambia’s agriculture ministry.…

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SPECIALIST CHEMICALS SECTOR IS GLOBAL GROWTH AREA, AS DEMAND FOR SMART MATERIALS GROWS



THE GLOBAL speciality chemical market has been showing steady gains over the past few years and is set to continue in its growth trajectory, according to latest data. According to data from Pune, India-based global research company Allied Market Research, the global industry was worth USD175.4 billion in 2014 and has since shown promising growth to USD184 billion in 2015, USD193 billion in 2016 and USD202.5 billion in 2017.…

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US COATINGS SECTOR EYES BRIGHT FUTURE AS AMERICAN GOVERNMENT INFRASTRUCTURE SPENDING LOOMS



EXPANSION within the paint and coatings industry and market in the United States managed to outpace the US economy in 2017, growing at about 3% in volume (regarding production) and over 3.3% in value (sales), ahead of the most recently recorded GDP growth rate of 2.6% as of Q4 of 2017.…

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NONWOVEN RESEARCHERS LOOK TO PROVIDE CLEANER AIR IN CARS, WHILE REDUCING EXHAUST EMISSIONS



THE AUTOMOTIVE sector is a hotbed of growth for industrial performance materials like nonwovens. And the global market for such materials have the potential to cross the EUR2 billion mark soon, according to Germany-based Freudenberg Performance Materials Holding SE & Co KG.…

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OLIVER MIRZA, CEO DR OETKER INDIA, SAYS HIS COMPANY WILL MAINTAIN STRATEGY OF PROMOTING ENJOYABLE FOOD



High on the agenda of Dr Oetker India managing director and chief executive officer Oliver Mirza is making India a major production hub, not just for manufacturing packaged foods scoring sales in India’s growing markets, but also for exports.

In a wide-ranging interview with just-food on the sidelines of the India Food Forum, staged in Mumbai last month (January 17-19), Mirza said that by 2020, Dr Oetker India was targeting sales of Indian Rupees INR10 billion (USD155 million) of which its sub-brand FunFoods will account for INR5 billion (USD 77.50 million).…

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LAW ENFORCERS SEEK TO EXTRADITE FRAUDSTERS THROUGH TREATY AND DIPLOMATIC MUSCLE, AS INTERNATIONAL CRIME PROLIFERATES



FINANCIAL fraud, as all practitioners know, has become increasingly international, a trend that will doubtless continue. For law enforcers based on national units of theoretically sovereign countries, this poses challenges, and one particularly tough nut to crack are procedures to extradite suspects to face trial in the country where their alleged victims reside.…

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ANTI-FRAUD TECHNOLOGY ADVANCES TO PROTECT INDIVIDUALS, COMPANIES IN THEIR VIRTUAL LIVES



TARGETING online fraud as businesses, government and consumers increasingly conduct business and transactions via the Internet is an increasing priority for anti-fraud technology providers.

Real-time identification of potential frauds is a key focus of new systems developed and released in the past year.…

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EASTERN EUROPE’S INCREASINGLY MATURE MARKET POSTS MODEST GROWTH



AFTER years of slow growth since 2008, eastern Europe’s now mature cosmetics and personal care market has continued to show marginal gains in products sales in the past year, according to experts.

The region’s cosmetics and personal care products sales edged to USD23.67 billion in 2017 from USD21.74 billion in 2016, counting sales in Poland, Croatia, Bulgaria, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Romania and Slovakia, Belarus, Bosnia & Herzegovina, Serbia, Slovenia, Macedonia and Georgia.…

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CHINA MOVES TO WORLD’S NUMBER POSITION IN PERSONAL CARE PRODUCT SALES



China will boast the world’s number one cosmetics market in 2018 according to global financial services firm Morgan Stanley: it will account for 20% of total sales, compared to 17% for the second-placed USA and 10% for third placed Japan – overtaking America for the first time, it said.…

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EU COUNCIL ADOPTS CONTROVERSIAL MONEY LAUNDERING AND TAX FRAUD BLACKLIST



THE EUROPEAN Union (EU) Council of Ministers today (December 5) adopted a money laundering blacklist, bringing widespread criticism because the listing – designed to prevent tax fraud and evasion – only covers countries outside the 28-nation bloc. Despite the European Commission screening 92 jurisdictions worldwide, the final list of non-cooperative jurisdictions in taxation matters only contains 17 jurisdictions: American Samoa, Bahrain, Barbados, Grenada, Guam (another US territory), South Korea, Macau (a China special administrative region), the Marshall Islands, Mongolia, Namibia, Palau, Panama, Saint Lucia, Samoa, Trinidad & Tobago, Tunisia and the United Arab Emirates (UAE).…

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THALES BOSS SAYS GLOBAL DRONE RULES COULD BE IN PLACE BY 2019



THE STRATEGY and business development director of global aviation and transport systems giant Thales predicts that a global set of comprehensive rules controlling unmanned aircraft could be in place by 2019. That would be the year of the next triennial assembly of the International Civil Aviation Organisation (ICAO), and allow enough time for expertise to be developed in countries such as the USA, Singapore, Australia, and the UK, that are leading on drone regulation.…

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INTERNATIONAL DEBATES FOCUS ON WHETHER TO CREATE GLOBAL SWIM STANDARD AND GUIDANCE



INTERNATIONAL specialists in exchanging aviation systems data are highlighting for the need for developing a comprehensive global guideline for rolling out SWIM (system wide information management), an international ATC conference has been told. Speaking to this week’s (December 11-15) GANIS (Global Air Navigation Industry Symposium) at the International Civil Aviation Organisation (ICAO) headquarters in Montréal, Canada, Alexander Pufahl, ICAO’s information management technical officer, declared: “It has to be a global system.…

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TECHNICAL REGULATORY ROUND UP - OECD RELEASES TAX EXCHANGE DATA



OECD SAYS 49 JURISDICTIONS WILL AUTOMATICALLY EXCHANGE TAX INFORMATION THIS YEAR

 

THE IDENTITY of 49 jurisdictions that will automatically exchange tax information in 2017 under a global standard has been revealed by the Organisation for Economic Cooperation & Development (OECD).…

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AFRICAN CLOTHING MANUFACTURERS PROJECT GROWTH AS CHINA LOSES COMPETITIVE ADVANTAGE AS AN OUTSOURCER



African clothing exporting countries are banking on rising costs in China and changing consumption patterns worldwide to attract buyers to the continent to take advantage of lower production costs.

Major hurdles abound, but manufacturers are hopeful that clothing facilities built from scratch that abide by international best practices will help the continent’s apparel sector develop.…

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TAX PACKAGE GIVES US CLOTHING INDUSTRY SOMETHING TO CHEER ABOUT UNDER TRUMP ADMINISTRATION



THE USA clothing industry, reliant on free trading, has not had much welcome from the populist policies of the administration of President Donald Trump and his Republican allies in the Congress. The sector has helped see off plans to impose a border adjustment tax (BAT), which would have crippled importers and is currently lobbying for a successful outcome to the decision to renegotiate the North American Free Trade Agreement (NAFTA).…

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USA FASHION SUMMIT WORRIES ABOUT AMERICAN GOVERNMENT TRADE PROTECTIONISM



Prospects for trade deals that have underpinned the growth in American clothing and textile imports and exports appear increasingly precarious as the administration of President Donald Trump passes the 300-day mark, participants at a clothing industry conference heard this week.

Concern is especially severe regarding the North American Free Trade Agreement (NAFTA), as indicated by ‘SaveNAFTA’ being the password to access a mobile app provided to attendees at the 29th annual Apparel Importers Trade & Transportation Conference held by the American Import Shippers Association (AISA) and the United States Fashion Industry Association (USFIA) on November 15, in New York City.…

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LOW LEVELS OF AFRICA TAX TAKE DEMONSTRATED BY OECD



DATA has been released by the Organisation for Economic Cooperation & Development (OECD) that shows how African governments collect less tax as a proportion of their countries’ wealth than in Latin America and the Caribbean. Africa’s average 2015 tax-to-GDP ratio was 19.1%; compared to 22.8% in Latin America/Caribbean and 34.3% for the 35 richer countries within the OECD.…

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FOOTBALL CORRUPTION TRIAL BEGINS IN NEW YORK



The trial of three former high-flying football executives kicked off in New York on Monday
(Nov 13). The former president of the Brazil Football Association (CBF) José Maria Marin;
former Paraguayan president of the South America football confederation (CONMEBOL)
Juan Ángel Napout; and former president of the Peruvian Football Association (FPF) Manuel
Burga are all charged with racketeering and bribery over TV rights to the Copa América and
Copa Libertadores football tournaments.…

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CANNABIS MONEY LAUNDERING CONTROLS TO BECOME MORE COMPLEX AS LEGALISATION GROWS IN NORTH AMERICA

BY DANIEL SEKULICH, in Toronto; LIZ NEWMARK, in Brussels; ED ZWIRN in New York; and SARAH GIBBONS, in London WITH the introduction of Bill C-45 into the Canadian House of Commons earlier this year, and its securing a second reading vote in June (see https://openparliament.ca/bills/42-1/C-45/), Canada’s government has moved closer to removing millions of dollars of dirty money from its economy.

Of course, it is not doing this by increasing policing and the number of suspicious transaction reports, but by liberalising what is now a criminal activity, the growing, processing, sale and consumption of cannabis for recreation.

By doing so, it plans to be the first G20 country to legalise and regulate the recreational use of cannabis nationwide by July 2018.…

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RUSSIA WIDENS MEAT IMPORT BAN FROM WESTERN EXPORTERS



THE RUSSIAN government has expanded the range of meat and livestock imports that it is blocking from the USA and the European Union (EU) and other associated countries who have been imposing sanctions on Moscow over its annexation of the Crimea and support for Ukraine separatists.…

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INTERNATIONAL REGULATORY UPDATE - ECHA WARNS OF MAJOR CHEMICAL TRADING RULE CHANGES FOLLOWING BREXIT



THE EUROPEAN Chemicals Agency (ECHA) has warned of the major impact on British and other European Union (EU) knitwear companies, especially brands with integrated upstream fabric and finishing units, should the UK quit the EU as planned, on March 29, 2019.…

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CANNABIS MONEY LAUNDERING CONTROLS TO BECOME MORE COMPLEX AS LEGALISATION GROWS IN NORTH AMERICA



WITH the introduction of Bill C-45 into the Canadian House of Commons earlier this year, and its securing a second reading vote in June (see https://openparliament.ca/bills/42-1/C-45/), Canada’s government has moved closer to removing millions of dollars of dirty money from its economy.…

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HONG KONG STARTS TO WORRY ABOUT TRADE-BASED MONEY LAUNDERING



AS one of the world’s leading financial centres and a traditional bridge to mainland China for international business, Hong Kong has long been in the crosshairs of global money laundering investigations.

Hong Kong featured in the infamous ‘Russian laundromat’ scandal, uncovered by the Organised Crime and Corruption Reporting Project (OCCRP), that saw USD20 billion moved out of Russia between 2010 and 2014 through a web of shell companies.…

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PERSONAL CARE PRODUCT SECTOR GETS AHEAD OF PARIS AGREEMENT CLIMATE DEMANDS, DESPITE TRUMP WITHDRAWAL



Multinationals and suppliers in the personal care product sector are unilaterally implementing measures to reduce their carbon footprint in the wake of the 2015 Paris climate treaty, taking steps to reduce energy use, their impact on forests and cutting water use and pollution.…

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BRAZILIAN SOLVAY WING PROSPERS FROM INNOVATIVE ECO YARN SALES



THE BRAZILIAN arm of Brussels-based speciality chemical firm Solvay says that it is prospering in Brazil though sales of biodegradable polyamide yarn Amni Soul Eco, reflecting the demand for bio-based materials and products in Latin America’s largest country.

Renato Boaventura, CEO of the Brazil Rhodia Solvay Group’s ‘fibras global business unit’ told WTiN.com…

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BRAZIL DIGITAL TEXTILE COMPANY PROSPERS FROM BUILDING DOMESTIC BRANDS WITH BRIGHT FABRICS



 

‘Colourful’,’ young’, ‘big’ and ‘clever’ are words often bandied about to describe the positive qualities of Brazil, and they certainly could be used to define La Estampa, a Brazilian textile company specialising in digital print B2B.

With a global print capacity of 25,000 metres per day, La Estampa is able to punch its weight in global digital textile markets.…

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EU-VIETNAM TRADE AGREEMENT WILL BOOST TEXTILE TRADE, CLAIM EXPERTS



THE EUROPEAN Union (EU)-Vietnam Free Trade Agreement (FTA), on which negotiations concluded December 2, 2015, will open up “huge business opportunities” for Vietnamese garment companies, business experts agreed last month (September). They were speaking at an event jointly organised by EU business federation BusinessEurope, EuroCham [European Chamber of Commerce] Vietnam and the EU-Vietnam Business Network.…

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INTERNATIONAL, REGIONAL AND NATIONAL STANDARDS OFFER GOOD PRACTICE AS TEXTILE DIGITALISATION SPEEDS AHEAD



IN a cutting-edge area of the textile sector such as digital manufacturing, planning and distribution, it is always helpful to know what the gold standard is for performance. But with technologies still developing and innovation taking hardware and software in directions that are untested – with implications that are as yet unknown – companies may not want to follow the crowd.…

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US GOVERNMENT PROBES TALC SAFETY AS LATEST COURT CASE EXPANDS COMPANY LIABILITY



A FEDERAL US government review has been ordered into the potential link between talc and ovarian cancer following “the continuing influx of adverse event reports”, as the minerals and cosmetics sector considers implications of a high-profile ruling over the issue. A jury in the Los Angeles Superior Court ordered personal care product manufacturers Johnson & Johnson to pay USD417 million to Eva Echeverria who claimed she developed the disease after using their talc-based products for feminine hygiene purposes.…

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SALES AND ACQUISITIONS DOMINATING ITALIAN MARKET



DESPITE relatively stagnant year-end results in 2016 for the paints and coatings market in Italy, last year proved unexpectedly dynamic in terms of sales and acquisitions, with several companies in the sector moving to increase their market share in specific subsectors of the market.…

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EU-VIETNAM TRADE AGREEMENT WILL BOOST TEXTILE TRADE, CLAIM EXPERTS



THE EUROPEAN Union (EU)-Vietnam Free Trade Agreement (FTA), on which negotiations concluded December 2, 2015, will open up “huge business opportunities” for Vietnamese garment companies, business experts agreed earlier this month at an event jointly organised by EU business federation BusinessEurope, EuroCham [European Chamber of Commerce] Vietnam and the EU-Vietnam Business Network.…

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PUTTING ON A BRAVE FACE – JAPAN’S COATINGS SECTOR INVESTS ABROAD AS DOMESTIC SALES FACE DECLINE



JAPAN’S paint and coatings sector is putting on a positive face and playing up overseas expansion efforts, as well as its traditional strength in innovation, but analysts are concerned about the longer-term outlook for domestic companies.

Sales of paint in Japan came to Japanese Yen JPY 675 billion (USD6.10 billion) in 2016, a marginal increase of around 1% on the previous year’s figure, according to the Japan Paint Manufacturers Association.…

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HONEY BEES MAYBE DYING FAST, BUT GLOBAL DEMAND FOR NATURAL SWEETENER CONTINUES TO GROW



Customer willingness to pay a premium for the natural health qualities of honey appears to be outweighing price hikes for the natural sweetener amid falling production levels as beekeepers have battled catastrophic colony losses.

This has reduced worldwide bee numbers, prompting fears that confectioners might adapt production methods to replace honey with other naturally occurring sweeteners, such as stevia.…

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SOUTH AFRICAN CONSUMERS OPEN MINDED AS THEY GROW COSMETIC PROCEDURES MARKET



SOUTH Africans are boosting their spending on cosmetic surgical and non-surgical procedures, with their national market expected to generate South African Rand ZAR94.15 million (USD7.1 million) in annual receipts by 2024. This reflects a 5.8% annual growth rate from the ZAR61 million (USD4.6 million) spent in 2016, according to US-based market research and consulting company Grand View Research, in figures released in July (2017).…

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INCREASING DOMESTIC WEALTH HELPS SPURS ETHIOPIAN KNITWEAR PRODUCTION GROWTH



AS Ethiopia rapidly emerges as a key clothing and textile hub of Africa, the country has been making impressive strides as a knitwear manufacturing and sourcing centre, attracting the attention of global clothing majors.

“International buyers are beginning to buy knitted clothes from Ethiopia including Zara, Tesco, H&M [Hennes & Mauritz] and Decathlon,” said Fassil Tadesse, president of the Ethiopian Textile and Garment Manufacturing Association (ETGAMA).…

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KNITWEAR CONSUMERS AND PRODUCERS WANT SUSTAINABILITY – BUT ORGANIC CERTIFICATION IS A BRIDGE TOO FAR



While moves in the knitwear sector are afoot to overtake ‘fast fashion’ with sustainable products and processes, the ultimate push to become certified organic is proving an unnecessary step too far for many producers.

There is widespread support in the industry to embrace sustainable business practices and boost eco-credentials for yarns and knitwear items.…

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NEW TECH OFFERS OIL AD GAS SECTOR NEW WAYS OF MANAGING THE CORROSIVE EFFECTS OF AGEING



A smarter approach to asset integrity is proving to be the cost-effective answer to corrosion and erosion in ageing oil and gas assets. Indeed, the global oil and gas industry is maintaining a sharp focus on costs as operators grapple with ‘end or extend’ decisions over the commercial life of ageing assets in a lower-for-longer oil price environment.…

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INCREASED COMPETITION FROM ENLARGED SANTIAGO AIRPORT TO BRING DOWN THE COST OF AIR TRAVEL IN THE REGION



WORK is advancing on a major expansion of Santiago’s Pudahuel International Airport to cope with Chile’s rapidly-growing aviation market. But airlines feel they are bearing more than their share of the USD1 billion construction cost.

Officially known as Arturo Merino Benítez International Airport, the facility has been Chile’s gateway to the world since it opened 50 years ago.…

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US CHARGES 412 FOR USD1.3 BILLION MEDICAID FRAUD



In a major healthcare fraud clampdown, the USA’s Department of Justice (DoJ) has arrested and charged 412 people, including 115 doctors, nurses and other licensed medical professionals, for defrauding America’s public funds of some USD1.3 billion. A July 13 DoJ statement said the US Medicare Fraud Strike Force (MSSF) swoop had “aggressively” targeted schemes falsely billing the Medicare, Medicaid, and TRICARE (armed forces) funds “for medically unnecessary prescription drugs and compounded medications that often were never even purchased and/or distributed to beneficiaries.”…

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USA PAINT AND COATINGS SECTOR EXPECTED TO GROW, IF TRUMP DOES NOT TORPEDO TRADE POLICY



International politics and trade relations are set to influence the medium-term future of the US paint and coatings industry, analysts have predicted, highlighting a generally positive outlook with certain caveats.

USA PAINT AND COATINGS SECTOR EXPECTED TO GROW, IF TRUMP DOES NOT TORPEDO TRADE POLICY

The state of the economy and its knock-on effect to the construction and manufacturing sectors (the World Bank is forecasting 2.2% GDP growth for the USA in 2017), is encouraging for paint and coatings producers.…

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MONGOLIAN CASHMERE SALES GROW, BUT INDUSTRY STRUGGLES TO MAINTAIN QUALITY AND SUSTAINABILITY



MONGOLIA remains one of the world’s key global production centres for cashmere, and its importance seems to be growing, with its cashmere garment exports increasing – total 2016 overseas receipts were USD9.6 million, up 196% since 2009.

Demand is driven by Mongolian goat fibres’ unique characteristics, most importantly of which its length of 38-45cm and thin microns facilitating the manufacturing of garments with higher quality than those made from Chinese and Afghan goat fibres. …

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INDIAN EXPORTS OF SYNTHETIC TEXTILES TO PAKISTAN START TO GROW AGAIN, RECOVERING FROM PAST SHARP FALL IN TRADE



THE POLITICAL standoff between India and Pakistan may dominate the news headlines but India’s synthetic textiles, yarn and fibre are starting to find an increasing number of Pakistani buyers.

According to Kripabar Baruah, joint director, Synthetic and Rayon Textile Export Promotion Council (SRTEPC), exports to Pakistan that had fallen in 2014-5, and 2015-6, have grown in the current financial year (2016-17).…

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TAIWANESE TEXTILE INVESTMENT IN VIETNAM UNFAZED BY TPP’S FATE



There is no sign that Taiwanese textile investors will rethink their commitment to Vietnam six months after US President Donald Trump pulled America out of the Trans-Pacific Partnership (TPP) trade agreement that would have greatly boosted Vietnamese garment exports to the USA.…

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TRUMP’S QUITTING PARIS DEAL WILL NOT PREVENT RENEWABLES GROWTH AND CARBON EMISSIONS’ DECLINE, SAY EXPERTS



Donald Trump’s decision to pull the United States out of the 2015 Paris Climate Treaty will not halt moves to cut fossil fuels or reduce decarbonisation requirements on the non-energy minerals sector and other industries, say experts.

Trump called for a new “fair” deal that would not disadvantage US businesses and workers and claimed that China and India had “no meaningful obligations” placed on them by the agreement.…

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SOUTH AMERICA PERSONAL CARE PRODUCT SECTOR STRUGGLES TO GROW AS ECONOMIES RECOVER AND GOVERNMENTS ABANDON LEFTIST CONTROLS



The macro-economic slowdown experienced by Latin America in recent years has thrown the brakes on what had been impressive growth in the beauty and personal care sector since the turn of the century.

Much of the region is now looking for ways to stimulate the sector, tempering ambitions by aiming for more gradual growth rather than runaway success.…

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EUROPEAN NONWOVENS RECORD SOLID PERFORMANCE WITH NO NEGATIVE CONSEQUENCES FROM BREXIT OR TRUMP, YET

BY ALAN OSBORN, in London; and EUGENE VOROTNIKOV, in Voronezh, Russi

EUROPE’S nonwovens producers again served up a solid performance in 2016 against the background of (uneven and) uncertain trading conditions for the industry.

As usual, the just-published returns from EDANA, the representative organisation for the USD30 billion nonwovens industry in Europe, show some important national variations.…

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CINCINNATI AIRPORT HOSTS THERAPY MINIATURE HORSES TO EASE PASSENGER STRESS



AIRPORTS are increasingly becoming aware of the potential for bringing therapy animals into their terminals, to soothe the stresses of harried and sometimes angry passengers. Therapy dogs are usually the species of choice (along with a therapy pig in America’s San Francisco International), but now a new animal has been added to the lists, with miniature therapy horses visiting Cincinnati/Northern Kentucky International Airport twice a month.…

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ISRAEL’S ORGANIC AND NATURAL SECTOR SHIFTS FROM EXPORTS ONLY TO DOMESTIC SALES FOCUS



ISRAEL’S booming natural and organic cosmetics sector has grown largely because of its focus on scoring international sales and manufacturers have in the past shown less interest in increasing the local market base. But this strategy has been changing significantly of late. …

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JAPANESE INTEREST IN ORGANIC COSMETICS SHIFTS FROM TREND TO STAPLE



AN increasing number of Japanese consumers are becoming more environmentally conscious in their purchases and adhering to what is commonly referred to as a ‘LOHAS’ (lifestyles of health and sustainability) way of life. In the Japan cosmetics and personal care market, this initially manifested itself in the rising popularity of imported brands that prided themselves on their use of organic and natural ingredients.…

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VIETNAM TEXTILE LOGISTICS ARE IMPROVING BUT DEVELOPMENT IS FAR FROM SMOOTH, SAY EXPERTS



Amidst growing interest in Vietnam from international textile, garment and electronics companies, the country’s logistics infrastructure has been undergoing a much-needed upgrade, but the trajectory has been bumpy, say experts.

The World Bank’s Logistics Performance Index Country Scorecard has noted that Vietnam’s logistics situation improving until 2014 only to fall back in 2016.…

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INTERNATIONAL REGULATORY ROUND UP – EU DOUBLE TAXATION SYSTEM RELEASED



EU MINISTERS APPROVE DOUBLE TAXATION REDUCTION SYSTEM

 

THE EUROPEAN Union (EU) Council of Ministers has agreed a directive insisting that member states establish an effective system for resolving EU double taxation disputes. The system requires dispute resolution mechanisms to be mandatory and binding, with clear time limits.…

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DEMAND FOR NON-WOVENS INCREASING IN MIDDLE EAST AND AFRICA, BUT LOCAL PRODUCTION CAN BE LACKING



THE MIDDLE East and Africa is certainly a promising regional market for nonwovens manufacturers, given the high level of economic growth in many countries and the rise of consumer-culture focused middle classes. But companies need to be sophisticated in their investment and sales tactics given the immense variety of economic and social fortunes experienced by countries in this most diverse region.…

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JAPAN’S NH FOODS PLOTS LATIN AMERICAN EXPANSION THROUGH URUGUAY ACQUISITION



Japan’s NH Foods Ltd is to buy Uruguayan major meat processing company Breeders & Packers Uruguay SA (BPU) to increase its meat supply capacity in emerging markets, notably in Asia, and to tap the major mature beef consumption markets in North America and Europe.…

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TRUMP TRADE POLICY IS WILDCARD AS NORTH AMERICA FACES GROWING MARKETS FOR TECHNICAL TEXTILES – AT HOME AND ABROAD



Political uncertainty over US trade deals sparked by the ascension of President Donald Trump to power should be eased to avoid stifling innovation in the country’s technical textiles industry which could see it marginalised on the world stage, insiders have warned.…

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MEXICO FACES USA TRADING UNCERTAINTY – BUT PERSONAL CARE PRODUCT SECTOR REMAINS OPTIMISTIC



THE DIFFICULTIES that have surged in the diplomatic relations between the Mexican government and the new US administration of President Donald Trump have increased uncertainty within the Mexican personal care product market and industry.

With Mexico facing US demands to renegotiate the North American Free Trade Agreement (NAFTA), with the risk of the US imposing temporary safeguard duties on Mexican exports to protect American manufacturers, companies in Mexico are seeking to boost domestic consumption.…

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GREENWASHING THREATENS BOOMING NATURAL AND ORGANIC COSMETICS MARKET IN ASIA



A STAGGERING 62% of Asia-Pacific consumers (including China and India) buy natural and organic cosmetics and another promising 32% are keen to buy them – making the region a hotspot for manufacturers of such lines. But this impressive growth also has made the region a perfect breeding ground for greenwashing, experts warned.…

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INTERNATIONAL TECHNICAL ROUND UP – EUROPE ANTI-CARTEL POWERS BOOSTED



EU PROPOSES BOOSTING ANTICARTEL POWERS OF NATIONAL EUROPEAN COMPETITION AUTHORITIES

 

A DIRECTIVE has been proposed by the European Commission that would ensure that national competition authorities across the European Union (EU) have a minimum level of powers enabling them to enforce EU antitrust laws.…

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USA NONWOVENS SECTOR PUSHING FORWARD CONFIDENTLY, DOMINATING NORTH AMERICAN MARKETS



Success and sustainability appear to be the buzzwords of a US nonwovens industry that is moving forward confidently, leading the north American sector, which it dominates in sales and production.

Having recovered from a slight downward turn in capacity following the recession, the US sector has returned to healthy growth and an improving economic outlook, coupled with ever-increasing applications for engineered fabric products.…

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EUROPEAN NONWOVENS RECORD SOLID PERFORMANCE WITH NO NEGATIVE CONSEQUENCES FROM BREXIT OR TRUMP, YET



Europe’s nonwovens producers again served up a solid performance in 2016 against the background of (uneven and) uncertain trading conditions for the industry. As usual, the just-published returns from EDANA, the representative organisation for the USD30 billion nonwovens industry in Europe, show some important national variations.…

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INTERNATIONAL GLASS MARKET EXPANDING, EXPERTS SAY, WITH EUROPE ESPECIALLY HEALTHY



AS the international glass market continues to recover from the global recession, experts predict emerging markets might be tempted to invest in plant development to manufacture their own flat glass rather than paying expensive import fees buying from one of the handful of major suppliers.…

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NO US RUSH TO MYANMAR SIX MONTHS AFTER SANCTIONS END



AMERICA may have scrapped its major sanctions against emerging outsourcing centre Myanmar, and brought back the southeast Asian country’s GSP (Generalised System of Preferences) access to USA markets, but the impact on the clothing trade has so far been underwhelming.

Apparel factory owners in Myanmar say American buyers have simply not materialised in the numbers that some expected.…

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MEXICAN AUTO COATINGS LONG-TERM PRODUCTION GROWTH COULD END THIS YEAR



THE ROBUST growth of the Mexican automotive coatings market over the past six years looks is likely to end in 2017, according to the Mexican Association of Paint and Ink Producers (ANAFAPYT).

Mexican production of automotive coatings almost doubled from 2010 to 2015, going from 57.3 million liters to 106.2 million liters, say figures from ANAFAPYT (Asociación Nacional de Fabricantes de Pinturas y Tintas).…

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INVESTIGATIVE JOURNALIST CONSORTIUM DETAILS SOPHISTICATED ‘RUSSIAN LAUNDROMAT’ MONEY LAUNDERING SCHEME



A CONSORTIUM of investigative journalists has claimed to have identified a model showing how a Russia-based money laundering scheme moved at least USD20.8 billion out of the country, via Moldova and Latvia. Significant portions of this money was transferred to accounts held by western banks including Britain’s HSBC and Coutts, the Bank of America and other major financial institutions, said the Organized Crime and Corruption Reporting Project (OCCRP).…

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GROWTH IN ATTENDANCE SIGNALS GROWING CONFIDENCE IN GLOBAL MINERALS SECTOR



AN INCREASE in numbers of people attending this year’s annual Prospectors & Developers Association of Canada (PDAC) international convention has signalled a return of confidence to the global mineral exploration and mining industry.

After three consecutive years of steadily declining attendance, PDAC organisers were pleased to announce that more than 24,000 people from over 120 countries took part in this year’s edition, which ran from March 5-8 in downtown Toronto.…

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INTERNATIONAL REGULATORY ROUND UP – CETA DEAL WILL HELP EUROPEAN KNITWEAR BRANDS IN CANADA



THE EUROPEAN Union’s (EU) and Canada’s strong branded knitwear companies may benefit from additional mutual trade after the European Parliament’s approval and resulting signature of the Comprehensive Economic and Trade Agreement (CETA) between the two jurisdictions.

This long-negotiated and highly contested deal, which could apply from April as far as its key duty and quota liberalisation elements are concerned, will remove nearly 99% of tariffs on all goods traded between the EU and Canada and eliminate tax discrimination.…

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FOREIGN INVESTMENT IN ETHIOPIA’S CLOTHING SECTOR CONTINUES APACE, AMIDST POLITICAL PROTECTS



Ethiopia attracted foreign investments of USD1.2 billion in the first six months of the 2016/17 fiscal year, despite this increasingly important manufacturing base being under a state of emergency due to widespread anti-government protests. The figures come from the Ethiopian Investment Commission, which says that these financial injections investments were dominated by major Chinese companies, half of which are licensed in textile and garment manufacturing.…

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TRUMP DISAPPOINTS ON EXPECTED AIRPORT INVESTMENT PLEDGES IN FIRST BUDGET



The US administration of President Donald Trump’s proposed 2017-18 budget, released March 16, has prompted the US airport industry to express disappointment over its funding proposals.

“While President Trump has been a vocal proponent of improving our airport infrastructure and enhancing security across the country, today’s budget proposal misses the mark when addressing these key airport challenges,” said Airports Council International – North America (ACI-NA) CEO Kevin Burke.…

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HELSINKI SHOWS GOOD PRACTICE ON HASTENING PASSENGER CONNECTIONS



IMPROVING airport management is often a matter of examining good practice overseas and for airports wanting to improve the time taken to move transfer passengers from one flight to another, their executives might learn from Helsinki Airport.

Finland’s key international airport has the fastest passenger flow in Europe for transfer passengers going on to other European destinations, with a minimum connecting time between flights of just 35 minutes, according to Finavia, the state company that operates Finland’s 21 commercial civilian airports.…

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SOUTH KOREAN COSMETICS BRANDS WILL NEED ALL THEIR INNOVATION AS CHINA MARKET TIGHTENS OVER THAAD ISSUE



THE cosmetics sector of South Korea, evaluated at USD12 billion in sales during 2016 by market researcher Frost & Sullivan, has been enduring a tough crash course in political risk since its government agreed to host the US missile-defence system Terminal High-Altitude Area Defence (THAAD).…

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AIRLESS PACKAGING INNOVATIONS AIM TO REDUCE COST AND CATCH CONSUMERS DESIRES FOR SUSTAINABILITY



THE USE of airless technology in packaging is largely about zero product waste, preserving product integrity and less packaging material – and it obviously gels well with the growing trend towards sustainability. That explains the uptake in this technology led by cosmetics packaging, industry experts argue.…

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TRUMP’S DUMP OF TPP MIGHT CREATE OPPORTUNITIES FOR INDONESIAN TEXTILE SECTOR



The chairman of the Indonesian Textiles Association (API) has expressed cautious optimism about President Donald Trump’s rejection of the Trans-Pacific Partnership (TPP) trade pact and re-confirmed the need to boost Indonesia’s competitiveness.

Trump pulled the USA out of the agreement on January 23, and while that could be bad news for the other 11 TPP partners, including regional textile sector competitors Malaysia and clothing hub Vietnam, the deal had yet to include Indonesia.…

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GETTING MORE OIL FROM EXISTING RESERVES WHILE LIMITING GLOBAL WARMING MAY NOT BE CONTRADICTORY, BUT COULD BE COSTLY



Enhancing the percentage of oil recovered from existing assets is a no-brainer for countries that want to maximise economic gains from their oil reserves.

In an era of apparently ‘lower for longer’ oil prices, it is high up the agenda for oil companies and governments.…

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KENYA PAINT MARKET AND INDUSTRY GROWING INTI KEY EAST AFRICAN HUB



KENYA has long been regarded as east Africa’s economic powerhouse, with residential and industrial construction boosting sales of paints and coatings – and for now there seems to be no halt in this progress. Indeed, the last World Bank assessment of growth in this 45 million people country was that GDP rose by 5.6% in 2015.…

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AMERICAS FINANCIAL INSTITUTIONS WASTE BILLIONS OF DOLLARS ON INEFFECTIVE AML PROCESSES SAYS TOP BANK ASSOCIATION



THE BILLIONS of dollars that America’s financial institutions have to pour into resources and staff detecting and combating money laundering and terror financing are largely a waste of money, the USA’s top banking association has claimed.

The Clearing House, which represents banks including JPMorgan Chase, Citigroup and Bank of America, has recommended law enforcement, such as experts within the US Treasury’s Financial Crimes Enforcement Network (FinCEN), be far more proactive instead.…

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ARGENTINA FACES MAJOR STRUGGLE TO FIGHT MONEY LAUNDERING – WITH POLITICS HINDERING JUDICIAL ACTION



Argentina’s centre-right government has said that it is determined to remove money laundering and dirty money in the country, having assumed office in December 2015, but Argentina’s highly combative politics makes this a complex task. The new administration of President Mauricio Macri has accused its centre-left predecessor, led by President Cristina Fernández de Kirchner of failing to effectively fight money laundering in Argentina, indeed levelling charges that this former government was itself deeply corrupt.…

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AGEING NUCLEAR WORKFORCE CAN BE REJUVENATED SUSTAINABLY WITH HELP OF GETI DATE



KEY MESSAGES

 

*The nuclear industry has an ageing staff and needs to recruit new professionals as they retire

*Its strong health and retirement benefits packages could help it attract the new staff it needs

*The nuclear industry outside north America has a strong expat component, making it easier for recruit staff from abroad

 

INTRODUCTION

 

The nuclear industry sector is facing some significant human resources challenges, but new research carried out by Airswift and Energy Jobline indicates that the nuclear sector can still compete for talent.…

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BANGLADESHI TEXTILE MAKERS PAVE DIGITAL PATH WITH INDIAN HELP



AS Bangladesh aims to double its apparel exports in the next five years, industry executives and experts agree on one thing: value addition is the key and the development of digital printing services is a key strand of this strategy.
As a result, the launch of operations by Indian textile printing manufacturer and distributor DCC (Dhaval Colour Chem) in Dhaka last December was an important step towards creating such an integrated supply chain in Bangladesh.…

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EU/WTO INTERNATIONAL REGULATORY ROUND UP – EU CANADA CETA DEAL COULD BOOST TRANSATLANTIC CONFECTIONERY TRADE



 

THE TRADE in confectionery products between the European Union (EU) and Canada is likely to increase now the European Parliament has approved the EU-Canada Comprehensive Economic and Trade Agreement (CETA).

The vote – on February 15 (2017) – follows years of detailed negotiations and means that large sections of this trade deal can now come into force, maybe as early as April, as long as Canada stages its own vote in time.…

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EU/WTO INTERNATIONAL REGULATORY ROUND UP – EU BOOSTS FOOD MARKETING BUDGET

BY KEITH NUTHALL

EUROPEAN Union (EU) food exporters will in 2017 be offered an increased amount of money by the European Commission to better promote their products, especially in non-EU markets. The Commission has said that EUR133 million will be available this year to co-finance at 70%-85% such marketing campaigns, compared to EUR111 million in 2016.…

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ASIA’S TEXTILE AND APPAREL EXPORTING COUNTRIES MAYBE COOL ON TRUMP PUSH FOR BILATERAL FTAS



 

As US President Donald Trump on January 23 pulled America out from the Trans-Pacific Partnership (TPP) with an executive order, he signalled he will instead ask Asian TPP members for bilateral free trade agreements (FTAs). This includes countries such as Vietnam that rely on apparel and textile exports.…

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ATTENTION SWITCHES TO BILATERAL TRADE DEALS AS TRUMP LEAVES TPP IN THE DUST



Even as the official withdrawal of the United States from the Trans-Pacific Partnership (TPP) has been greeted by enthusiasm by American automakers, the focus is shifting to the bilateral trade deals that President Donald Trump has promised will take its place.…

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CUBAN CIGAR SECTOR FACES POTENTIAL EXPORT BOOM TO THE USA, BUT SCALING-UP PRODUCTION MAY BE TOUGH



The gradual opening up of trade relations between Cuba and the United States has sparked a raft of bold predictions about how Cuban cigars are poised to sweep into the US premium cigar market. However, Cuban producers will have to navigate several serious obstacles if they are to lay claim to a significant market share, not the least the potential rolling back of détente by the Trump administration in Washington DC – at present a question being asked by many cigar traders.…

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GLOBAL OLIVE OIL SECTOR BECOMES MORE DIVERSE AS EMERGING COUNTRY PRODUCERS DEVELOP OUTPUT



THE OLIVE oil industry has traditionally been dominated by some key major European players, notably Spain, Italy and Greece, but with global consumption rising, production is emerging in countries which have previously relied on imports.

International Oil Council statistics show how new production centres are being created.…

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SYRIA SANCTIONS KEEP GROWING IN INTENSITY AND SCALE, BUT ASSAD CLINGS TO POWER NONETHELESS



The Syria conflict is into its sixth year, as are the multilateral sanctions imposed on the government in Damascus. How effective have the sanctions been, given the Syrian regime’s survival? And where may have funds from members of the regime, and those linked to it, gone?…

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TRUMPIAN TRADE REVOLUTION SPELLING TROUBLE FOR APPAREL SOURCING IN ASIA



As US President Donald Trump has been wasting no time carrying out his campaign pledges to undo long-standing American trade ties, the Asian apparel industry and the US retailers it supplies have ample reasons to be on edge.

Signs are particularly worrisome for apparel players sourcing from Vietnam, a member of the Trans-Pacific Partnership (TPP), the unratified 12-nation deal that will now not include the USA after Trump extracted America from its commitments via a January 23 presidential memorandum.…

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VW TO PAY USD2.8 BILLION FINE OVER DIESELGATE AS ITS EXECUTIVES ARE INDICTED BY AMERICAN COURTS



Volkswagen will plead guilty to three criminal charges in the USA, and pay a USD2.8 billion fine for selling around 590,000 diesel vehicles in America using a device to cheat emissions tests, while lying and obstructing justice to further the scheme.…

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EU/WTO INTERNATIONAL REGULATORY ROUND UP – EU BOOSTS FOOD MARKETING BUDGET



EUROPEAN Union (EU) food exporters will in 2017 be offered an increased amount of money by the European Commission to better promote their products, especially in non-EU markets. The Commission has said that EUR133 million will be available this year to co-finance at 70%-85% such marketing campaigns, compared to EUR111 million in 2016.…

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US PERSONAL CARE PRODUCT SECTOR LAMENTS END OF TPP – AND WANTS MORE TRADE TALKS TO FOLLOW



The January 23 presidential memorandum from President Donald Trump, puling the USA from participation in the Trans-Pacific Partnership (TPP) trade deal has disappointed the American cosmetics and personal care products sector. This is not only because of the tariff barriers it would have eliminated but also because the TPP would have pushed regulatory controls in all TPP countries in the same direction.…

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MALE GROOMING SEGMENT IN SOUTH AFRICA OUTSTRIPS GENERAL SLUGGISH ECONOMIC GROWTH



SOUTH African men spent USD564.2 million on grooming products during 2016 this relatively new market segment benefits from a surge in skincare interest.

Data released by research group Euromonitor International revealed fragrances dominates the market, accounting for USD306.79 million followed by toiletries (USD191.45 million) and the shaving market (USD66.72 million).…

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VIETNAM TEXTILE AND GARMENT SECTORS STOMACHING TPP DISAPPOINTMENT



 

Textile and garment makers in Vietnam are overcoming the initial shock of US president-elect Donald Trump in late-October making clear he would issue an executive order to pull out of the Trans-Pacific Partnership (TPP) the day he takes office.

Vietnam, as one of the 12 TPP signatory countries, had been expected to gain greatly from the trade deal, as its garment exports would have earned 0% tariff treatment in the US market compared to a current average of 32%.…

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EAGER TO LEAD AUTOMATED VEHICLE DEVELOPMENT, ONTARIO CHAMPIONS TESTING SELF-DRIVING VEHICLES ON ITS ROADS



A FIRST pilot test of automated vehicles is now underway within the Canadian province of Ontario, using a groundbreaking regulatory system designed to encourage tech and auto firms to undertake such research and development.

The pilot, which began November 28, takes advantage of a provincial law, in place since January 1 (2016), which allows companies to test self-driving vehicles on Ontario roads.…

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INDONESIAN BATIK PRODUCERS PREFER ONLINE MARKETING TO BOOST SALES



Indonesian batik producers are turning to social media to boost sales, helping them maintain production when not only standard marketing and distribution channels are not delivering enough revenue but standalone websites and major e-commerce sites.

Rusydi Bawazir, producer of Nargis Batik Podhek, from Madura, East Java province, started online marketing three years ago by using website: nargis.web.id.…

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TAIWAN HR STRUGGLING WITH TALENT RETENTION AMID POOR WORK-LIFE BALANCE



HR managers in Taiwan are being forced to review their working hours and holiday strategy as young professionals seek more work-life balance than their older peers. East Asian employees are known for their extreme diligence, with those in Taiwan, for example, on average toiling away for 2,134 work hours a year, compared to the average for Organisation for Economic Cooperation & Development (OECD) member states of 1,771 hours.…

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CLOTHING SECTOR GLOBAL REVIEW OF THE YEAR – 2016



2016 – Winners and losers

 

RETAILERS & BRANDS

 

WINNERS

 

US-based sportswear brand Under Armour delivered its 26th consecutive quarter of 20%-plus revenue growth in the third quarter of 2016, with sales increases across all divisions. Net sales were up 22% in the third quarter to USD1.47bn.…

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AMERICAN AIRPORT EXECUTIVES SEE DEVELOPMENT DOLLAR SIGNS AS TRUMP PREPARES TO ASSUME PRESIDENCY



As the festive season approaches, airport industry representatives in the United States are seeing visions of sugarplums dancing in their heads in contemplation of funding prospects under the incoming presidential administration.

Republican President-elect Donald Trump, who takes office January 20, has made the poor condition of US infrastructure a campaign talking point, at times characterising airports in the country as “third-world facilities”.

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CHINA PERSONAL CARE PRODUCT ECOMMERCE SALES BOOM, AS MARKET MATURES



PHOTOS posted on the Chinese microblog platform Weixin (commonly known in English as WeChat) from the Indonesian holiday island of Bali recently are emblematic of key trends in China’s cosmetics and personal care markets, notably booming ecommerce sales. Over 100 Chinese sales managers – technically self-employed and operating on commission – flew to Bali as guests of USANA Health Sciences Inc, which in 2010 acquired BabyCare Ltd, a China-based direct selling company that develops, manufactures and sells nutritional products.…

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MIDDLE EAST AND AFRICA SKINCARE MARKETS



ONE of the wealthiest countries in the world, Qatar’s gross domestic product (GDP) per capita was estimated at USD73,653 in 2015, according to the World Bank. Close to 85% of the country’s 2.5 million population are expatriates and this has influenced the skincare products on offer, while high levels of disposable income continue to drive consumption.…

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INTERNATIONAL REGULATORY ROUND UP – SUGAR PRODUCERS WANT EU PROTECTION MAINTAINED, DESPITE TRADE DEAL TALKS



THE INTERNATIONAL Confederation of European Beet Growers (CIBE) and the European Association of Sugar Producers (CEFS-Comité Européen des Fabricants de Sucre) have jointly called on the European Union (EU) to continue protecting producers with import tariffs, even as the EU negotiates 12 trade deals affecting the food industry.…

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TRUMPS PROMISE TO AXE TPP ON DAY ONE OF HIS PRESIDENCY PROMPTS WIDESPREAD NERVOUSNESS



THE PROMISE from US President-elect Donald Trump to withdraw the USA from the Trans-Pacific Partnership (TPP) trade agreement on his first day of office has prompted widespread nervousness in auto-sectors around the world.

His rejection of the deal could scupper an agreement negotiated over five years by the United States; Australia; Brunei; Canada; Chile; Japan; Malaysia; Mexico; New Zealand; Peru; Singapore and Vietnam.…

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THE GULF – FACTS, FIGURES AND ECONOMIC OUTLOOK



United Arab Emirates

 

Population 9.1 million – 2015

GDP 2015 – USD370 billion (up 3.2% on previous year)

Projected 2016 GDP growth – 2%

Size of non-oil economy 2015 – 66% (IMF)

Proportion of local nationals in private sector – 1% (LSE estimates 2014)

 

Saudi Arabia

 

Population 31.5 million – 2015

GDP 2015 – USD646 billion (up 3.5% on previous year)

Projected 2016 GDP growth – 1.86%

Size of non-oil economy 2014 – 57% (IMF )

Proportion of local nationals in private sector 2016 – 16% (Oxford Strategic Consulting)

 

Qatar

 

Population 2.2 million – 2015

GDP 2015 – USD166 billion (up 2.9% on previous year)

Projected 2016 GDP growth – 3.3%

Size of non-oil economy 2015 – 49% (IMF)

Proportion of local nationals in private sector 2014 – 5% – (Qatar Statistics Authority)

 

Bahrain

 

Population 1.3 million – 2015

GDP 2015 – USD32 billion (up 2.9% on previous year)

Projected 2016 GDP growth – 2.2%

Size of non-oil economy 2015 – 76% (IMF)

Proportion of local nationals in private sector 2013 – 18% (Bahrain’s Labour Market Regulatory Authority).…

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CENTRAL BANK THEFT – CASINO REPERCUSSIONS: THE PHILIPPINES – STORY UPDATE



Central Bank theft – casino repercussions: the Philippines

The theft in February of $101m from the Bangladesh Bank account at the Federal Reserve Bank New York in an audacious hack of SWIFT codes saw funds flow to casino accounts at Rizal Commercial Banking Corporation in the Philippines.

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CANADA METAL ASSOCIATION WANTS TPP PRESERVED, DESPITE TRUMP PROMISE TO QUIT DEAL



A senior Canada metal industry association has called on its government to continue ratifying the Trans-Pacific Partnership (TPP), despite US President-elect Donald Trump’s commitment to withdraw the US from the trade deal on his first day of office.

“We definitely still support Canada moving forward with the TPP, even without the US.…

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US ELECTION NIGHT VOTE COULD BAN SALE OF MEAT FROM STALL-RESTRICTED LIVESTOCK IN MASSACHUSETTS



Voters in Massachusetts are poised to decide on Tuesday [November 8] whether the US state should ban the sale of pork products or veal from animals that cannot turn around or stretch their limbs within their cages.

The provision would also ban the sale of pork and veal products produced by animals confined in stalls and cages which severely limit their movements.…

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TPP IS DEAD BUT LIFE GOES ON FOR VIETNAM’S GARMENT SECTOR



Vietnam’ clothing and textile industry has been assessing the impact of losing an anticipated huge garment export boost under the Trans-Pacific Partnership (TPP) now that US president-elect Donald Trump has promised to sign an executive order pulling out of the 12-nation trade deal.…

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IRAN’S ROSE WATER INDUSTRY EXPORT INDUSTRY SET TO GROW



 

IRAN’S rose water export sector is facing the potential for rapid expansion now that the country can trade freely globally after the bulk of international banking and economic sanctions imposed over the Iranian nuclear programme were lifted this January (2016).…

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COSMETICS INDUSTRY DEPRESSED AT TRUMP’S DECISION TO PULL OUT OF TPP



UNITED States President-elect Donald Trump’s commitment to withdraw the US from the Trans-Pacific Partnership (TPP) trade deal, condemning the deal as a “potential disaster for our country”, has received the thumbs-down from the cosmetics industry.

“TPP represents an important step forward for the cosmetics industry in the signatory countries, containing as it does a specific annex for cosmetics and personal care,” Cosmetics Europe director general John Chave told Soap Perfumery & Cosmetics.…

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TRADITIONAL FINANCING A MISFIT FOR DYNAMIC GARMENT SMES: EXPERT



SLOW and cumbersome traditional financing does not fit the needs of dynamic, small-and-medium-sized enterprises (SMEs) in today’s fast fashion-driven garment industry, the CEO of London-based finance company iwoca, Christoph Rieche told just-style.com. 

Rather, the trend is more towards simplified trade financing, he said.…

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CHINA SEES GREAT OPPORTUNITIES FOR NON-WOVENS, CONFERENCE HEARS



 

Non-wovens textile manufacturers are likely to benefit from a soaring Chinese market for their products, thanks to a fast ageing population, the government’s recently launched two-child policy, and demand created by air pollution that continues to plague the country, and international conference in Shanghai has head.…

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SUN PROTECTIVE CLOTHING GOING MAINSTREAM



Sun protective clothing is continuing to move from its health-focused niche origins to become a general and versatile product, protecting consumers of all ages from the harm of prolonged sun exposure. What first began as products for children or for people with varying skin ailments, such as melanoma or xeroderma pigmentosum (XP), a rare disease where the body is unable to repair damage caused by ultraviolet (UV) light, the market has been expanding robustly.…

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CLOUD-BASED ANTI-FRAUD SOLUTIONS OFFER BIG DATA COMPANIES EFFECTIVE PROTECTION



BIG data means big money, especially for telecoms and internet companies. However, the fact that they are holding, collating, processing and monetising so much data makes heavy weather for IT-based anti-fraud systems. As a result, the siren song of cloud-based anti-fraud programmes is becoming increasingly attractive as companies look to scale up their protection to take account of growing datasets.…

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INTERNATIONAL REGULATORY ROUND UP – ISO PLOTS COCOA SUSTAINABILITY STANDARD



THE INTERNATIONAL Organization for Standardization (ISO) has developed a series of standards designed to promote sustainability in the chocolate and cocoa sector, and wants industry input.

It has released drafts on the ISO 34101 series, on ‘sustainable and traceable cocoa beans’, and wants expert opinions on them, for submission by December 4.…

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SPAIN BOOK SECTOR OPTIMISTIC ABOUT RISING SALES AT LIBER FAIR



 

THE SPANISH book sector has declared that it is optimistic about growth in sales at its annual LIBER International Book Fair, which wrapped up on Friday (Oct 14). A statement from the organisers said that there was a “positive feeling about the sector’s upswing”.…

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BARILLA PUSHES AHEAD WITH 3D PASTA PRINTING TECHNOLOGY DEVELOPMENT



Earlier this year Italian pasta giant Barilla presented its latest technological innovation: a next generation 3D printer that swaps ink for pasta dough and is able to make unique pasta shapes in just minutes.

Barilla is among the world’s first food producers to leverage the latest digital technologies and apply them to food production.…

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PEUGEOT ASSEMBLY PLANT LAUNCHED IN ETHIOPIA



An assembly line for French automotive company Peugeot (Groupe PSA) has opened in Ethiopia (July 1) in partnership with local firm, Mesfin Industrial Engineering (MIE). The new USD1.2 million facility is expected to assemble 1,200 vehicles-a-year for sale to Ethiopia’s growing car market and to neighboring countries Djibouti and Somalia.…

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JAPANESE AUTO PAINT MANUFACTURERS SETTING UP FACILITIES IN THEIR TARGET MARKETS



Japan’s automobile manufacturers are increasingly looking to set up plants in – or, at least, very close to – their target markets, and paint companies with expertise in the auto coatings sector are following their lead.

“In 2015, the overall Japanese paints and varnishes market recorded 0.3 per cent growth, with producers struggling to remain competitive because production in Japan is pricier due to environmental requirements and higher labour costs,” said Andrius Balsys, a research analyst who monitors the paints sector for London-based market researcher, Euromonitor International.…

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LEADING RUSSIAN DESIGNERS PLAN TO BOOST EXPORTS OF CLOTHING AND KNITWEAR TO WESTERN MARKETS



Leading Russian clothing designers are developing plans to start significant volumes of domestically-produced exports to Western markets during the next several years, potentially boosting demand for upstream suppliers based in the country. Alexander Serafimov, one of Russia’s leading fashion designers, has said that particular attention will be paid on increasing exports to the European Union (EU) and the USA, because of the potential to generate larger profit margins than in Asia.…

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BRAZIL PIGMEAT EXPORTS SOAR AHEAD



BRAZIL’S exports of pigmeat are booming, with over January to July, volume sales overseas increasing 42.2% year-on-year compared to the same time period in 2016. The Brazilian Protein Association (Associação Brasileira de Proteína Animal) says that from January to July this year (2016), 413,300 tonnes have been exported, be it frozen or processed meat, including sausages.…

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ASIAN OUTSOURCING NEEDS TO RAISE ITS GAME TO DEAL WITH INCREASING GLOBAL COMPETITION – CONVENTION TOLD



Growing competition across the world for clothing outsourcing contracts, with China not only being challenged in Asia, but by sub-Saharan African and even Russian suppliers, is pushing Asian governments to sharpen their industrial policy to retain market share, a major international conference has heard.…

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BARILLA PUSHES AHEAD WITH 3D PASTA PRINTING TECHNOLOGY DEVELOPMENT



Earlier this year Italian pasta giant Barilla presented its latest technological innovation: a next generation 3D printer that swaps ink for pasta dough and is able to make unique pasta shapes in just minutes.

Barilla is among the world’s first food producers to leverage the latest digital technologies and apply them to food production.…

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ICAO USES BIG DATA TO BOOST PLANE SAFETY, EFFICIENCY AND REDUCE CARBON EMISSIONS



BIG data in the world of commerce can have a mercenary aspect, telling companies detailed information about potential customers, to target them with offers to increase revenue.

But it is not the whole story.

In civil aviation, big data can also improve safety, efficiency and reduce carbon emissions, Marco Merens, chief, integrated aviation analysis, at the International Civil Aviation Organisation (ICAO) air navigation bureau told Jane’s Airport Review.…

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SRI LANKA’S COSMETIC INDUSTRY ANGERED OVER WEAK IMPORT REGULATION



Sri Lanka’s cosmetic and beauty product manufacturers are becoming increasingly anxious over the lack of sales regulations, promoting significant volumes of lower grade cosmetic imports, putting local manufacturers at risk. 

Until July 2015, there was a specific authority to oversee cosmetic products being imported as well as distributed in the country.…

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AS MARIJUANA PROHIBITION FALLS, AMERICAN PERSONAL CARE SECTOR LOOKS TO BOOST USE OF HEMP



 

AS a decades-long prohibition on production and sale of the ‘cannabis sativa’ plant and its components are falling away throughout North America, the use of hemp as a personal care product ingredient is on the rise.

In the United States (US), four states have legalised recreational cannabis (Colorado, Washington, Oregon and Alaska), along with the capital territory Washington DC, while 21 states have legalised medical marijuana, boosting growth in the legal consumption and production of the plant.…

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COUNTRIES MULL CARBON NEUTRALITY IN WAKE OF PARIS CLIMATE CONFERENCE – BUT WILL THEY ACHIEVE IT?



THE PARIS conference of the parties to the United Nations Framework Convention on Climate Change (UNFCCC) last December, of COP21, made a commitment to create a carbon-neutral world between 2050 and 2100. This means that governments and international organisations must devise policies to ensure the amount of greenhouse gases emitted by human activity equals the amount that that trees, soil and oceans can absorb naturally preventing the build-up of CO2 in the atmosphere.…

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SOUTH AMERICAN COSMETICS FIGHTING FALLING LOCAL CURRENCIES



South America’s cosmetics and personal care sector is looking to bounce back from a slowdown caused by the region’s macroeconomic troubles, but political pressures and regional trade alliances are driving individual country markets down divergent paths.

Over the last year, countries across the region have been buffeted by economic turmoil that has had a knock-on impact on the cosmetics sector.…

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SOUTH KOREA EXPANDING ITS FOOTHOLD IN GLOBAL COSMETICS SURGERY LANDSCAPE AT AN EVER FASTER PACE



The cosmetics surgery sector in South Korea, the industry’s undisputed bellwether in Asia, expanded strongly in 2015, with the number of total cosmetics surgery procedures growing by 17.9% year on year, to 1.2 million, according to the International Society of Aesthetic Plastic Surgery (ISAPS).…

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ORGANIC WOOL OFFERS ADDITIONAL NICHE VALUE FOR PRODUCERS



ORGANIC wool can pose various challenges to producers and apparel and textile manufacturers, including added costs and more complicated logistics. But for niche markets, these products can attract customers willing to pay more for softer, chemical-free woollen goods.  

Dalena White, secretary general of the Brussels-based International Wool Textile Organisation (IWTO), told Twist International: “Wool farmers have lovely stories to tell, including the heritage of their sheep, the natural pastures they graze on and the love they have for their animals and their native land.…

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ASIAN PACIFIC NONWOVENS SECTOR SEEING A BOOST DESPITE TROUBLED TIMES



 

THE ASIA Pacific region remains the workshop of the world in terms of nonwovens production, and it is not only China’s producers who are growing, local suppliers are feeding growing domestic markets for nonwovens products elsewhere in east and southeast Asia.…

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COLOMBIAN CRIMINALS SWITCH TO TRADE-BASED MONEY LAUNDERING AS FINANCIAL CONTROLS ARE TIGHTENED



OVER the last decade, Colombia has taken significant strides towards establishing a robust anti-money laundering system to detect the billions of dollars of criminal profits that flood its financial system. But one result has been the migration of money laundering networks away from hiding the origins of bank deposits and cash to trade-based money laundering.…

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JAPAN PAINT AND COATINGS SECTOR HAS WEAK YEAR, BUT HOME-BASED PAINT SALES OUTLOOK IS POSITIVE



Paint and varnish manufacturers in Japan experienced a disappointing 2015, with sluggish purchasing from the construction and automotive sectors translating into meagre 0.3% growth over the fiscal year. Analysts predict that growth will pick up in the short term, in part as a result of a spike in demand from the construction sector ahead of Tokyo hosting the 2020 Olympic Games – although industry players are concerned about the longer-term outlook for the sector.…

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BRAZIL EMERGES AS A PROMISING TEXTILE MARKET FOR MAURITIUS



 

The emergence of Brazil as a major economic power and highly promising market of 200 million inhabitants is luring Mauritian textile producers to foray further in Latin America’s largest national market. Indeed, despite Brazil’s ongoing economic recession, Mauritian textile and clothing exports to the country have more than quadrupled since 2012, according to trade promotion body Enterprise Mauritius.…

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VIETNAM TEXTILE SECTOR FACES CHALLENGES, OPPORTUNITIES FROM FREE TRADE AGREEMENTS



VIETNAM’S textile sector faces significant challenges as it seeks to profit sustainably from new commercial opportunities offered by international trade deals, such as the Trans-Pacific Partnership (TPP), a major industry conference has been told. The Vietnam Textile Summit 2016 was held from June 29-30, at The Reverie Saigon, an upscale hotel in downtown Ho Chi Minh City (HCMC).…

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PACTICS’ NEW CAMBODIA FACTORY TO PRODUCE TEXTILES WITH SUBLIMATED PRINTING



SHANGHAI-based microfibre and fabric accessories maker Pactics Group is set to open a new factory in Cambodia using innovative digital heat-transfer ‘sublimated’ printing – that allows brightly-coloured high quality prints on fabric.

The new factory, under the company’s ‘Raytecs’ division, will be located in Cambodia’s capital Phnom Penh-based produce women’s activewear, swimwear, apparel and other sublimated printed premium products: “We are a boutique manufacturer of sublimated activewear, apparel and premium sublimated products,” the group’s president and owner  Piet Holten told WTiN.…

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BREXIT COULD MAKE EU IMPOSE IMPORT DUTIES ON BRITISH AUTOMOBILE AND PARTS EXPORTS



Automobile manufacturers based in Britain face a risk that their exports to the European Union (EU) will attract duties now the UK government has confirmed it will push ahead with leaving the EU following the June 23 Brexit referendum result. These could be imposed after the two years of mandated talks on a future relationship with the EU following a UK decision to trigger Article 50 under the Treaty on European Union.…

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CHINA KEEPING ALIVE ZOMBIE STEEL PLANTS, CLAIMS REPORT AUTHOR



China is keeping alive unproductive “zombie” steel plants then dumping the products on the European Union (EU) market, the Spanish author of two key reports adopted in the European Economic and Social Committee yesterday (July 14) told Steel First. “Not only the steel industry, but the whole European industry, will suffer if the market economy status is unconditionally granted to China,” said Andrés Barcelό Delgado, referring to the debate over anti-dumping calculations for Chinese exports that is ongoing in Brussels.…

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MOBILE MONEY BOOMS, GIVING MONEY LAUNDERERS NEW MEANS TO CLEAN CRIMINAL PROCEEDS



MOBILE money transactions surged in 2015 across the world – increasing by 31% to reach 411 million mobile money accounts, and this is a critical platform for expanding financial inclusion globally, according to GSMA, a UK-based global mobile industry association, in its February 2016 annual report on the ‘State of the Industry Report on Mobile Money’. …

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BREXIT POSES MAJOR UNCERTAINTY TO POWER SECTOR



THE UK’s vote on June 23 to quit the European Union (EU) creates deep uncertainty over the shape of future electricity industry regulations in Britain, and the UK’s regulatory relationship regarding power supplies with countries remaining in the EU.

Victory by the ‘Leave’ side in Britain’s in-out referendum enables the UK government to kick off an exit process by invoking Article 50 in the Treaty on European Union, which gives notice that member state wishes to leave.…

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ANDORRA FINCEN NOTICE SPARKS DEBATE OF STRENGTH OF AMERICAN AML JUSTICE



A DRAMATIC year for Pyrenees micro-state of Andorra has highlighted a debate over whether the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has excessive power over financial institutions outside America.

The American financial intelligence unit (FIU) issued a Notice of Finding (NOF) in March 2015, saying Banca Privada d’Andorra (BPA), one of only five banks in the principality, was a financial institution of “primary money laundering concern.”…

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USA LAUNCHES WTO PROCEEDINGS AGAINST CHINA OVER METAL EXPORT DUTIES



The United States has launched World Trade Organisation (WTO) disputes proceedings against China, alleging that it breaches global trading rules by imposing export duties on certain non-ferrous metals sold to America. The US claims these range between 5% and 20%, and are levied on exports of antimony, cobalt, copper, lead, magnesia, tantalum and tin.…

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SOUTHEAST ASIA PERSONAL CARE PRODUCT MARKETS GROWING IN SCALE AND SOPHISTICATION



South-east Asia is a region that has sharp contrasts in economic development, from between the wealth of Singapore to countries such as Myanmar, where poverty is endemic and consumer markets are relatively undeveloped.

Such contrasts pose challenges for personal care product companies seeking regional strategies to tap the markets of the Association of Southeast Asian Nations’ (ASEAN) 10 countries, whose cosmetics suppliers have to comply with the standards of the ASEAN Cosmetics Directive, which was modelled on European Union legislation.…

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US DEODORANT MARKET IN GOOD SHAPE



The US deodorant and antiperspirant market is in good shape, experiencing and projecting steady growth year after year in a largely saturated market where innovation is key to driving sales. Euromonitor International, the London-based market research firm, released a report in April 2016, which says the US deodorants market tends to grow “solidly” but “rarely dramatically”. …

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COLOMBIA COSMETICS SECTOR FACES END OF BOOM YEARS



A decline in exports has ended the boom years for the Colombian cosmetics sector, but the country still holds high hopes of establishing itself as a major regional player.

Colombia’s cosmetics and personal care sector has been thriving for well over a decade, as economic growth has fuelled a strong domestic market and the country established itself as an export hub for the north of South America.…

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PERSONAL CARE PRODUCT COMPANIES EMPLOY CLARITY AND ORIGINAL ART WORK TO MAXIMISE DESIGN DIFFERENTIATION



COSMETICS and personal care product labelling and decoration continues to play a key role in differentiating brands on the shelf and creating an experience for the consumer. While many companies are moving towards more simple, clean looks, other higher-end brands still prefer eye-catching, metallic designs.…

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UK BREXIT VOTE SPARKS REGULATORY AND MARKET ACCESS UNCERTAINTY FOR FOOD AND DRINKS COMPANIES



THE UK’s vote yesterday (June 23) to quit the European Union (EU) creates deep uncertainty over the shape of future food and drink regulations in Britain. The same applies to market access for companies operating from Britain or seeking to export to its consumers.…

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MEDITECH TEXTILES MARKET CONTINUES HIGH GROWTH, WITH LARGE ASIA MARKETS A KEY FACTOR



The global meditech textiles market is expected to witness the highest growth – 4.6% from 2015 to 2022 – within the general technical textiles industry, according to an October 2015 report from US-based market research firm Grand View Research (GVR).

With the overall global technical textiles market valued at USD148.5 billion in 2014, and growing at a rate of more than 4% annually, this meditech segment is expected to be worth USD16.4 billion in 2016 and USD19.2 billion in revenues by 2020, according to India-based Future Market Insights (FMI), another market research company.…

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FRANCO-JAPANESE TAKEOVER OF KANSAI AIRPORTS OFFERS NEW OWNERS MAJOR REVENUE OPPORTUNITIES



A consortium headed by France’s Vinci Airports and Orix Corp, a financial services company based in Tokyo, took over the operation of Kansai International Airport and Osaka International Airport on April 1. The Japanese government is hoping that the deal will be the first of a series of privatisations of the nation’s often under-utilised airports.…

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USTR AND EUROPEAN COMMISSION CONSIDER BREXIT IMPACT ON TTIP TALKS



THE EUROPEAN Commission’s trade directorate general and the United States Trade Representative (USTR) office have said that they will be assessing the impact of Britain’s anticipated exit from the European Union (EU) on the planned EU-US Transatlantic Trade & Investment Partnership (TTIP).…

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BRAZIL TEXTILE FIRMS SEEK NEW TECHNOLOGIES TO UNDERPIN FUTURE



HIGH tech sales specialists are advising Brazil’s textile sector to keep refining their ecommerce strategy to boost their competitiveness in a tough market.

Paulo Renato Macedo, innovation director at Tropos Lab, a consulting company for entrepreneurs based in Belo Horizonte, north of Rio de Janeiro, Brazil, said while “creativity, quality and brand keep being important,” adopting new electronic marketing was essential for the textile and clothing sector in Brazil.…

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USTR AND EUROPEAN COMMISSION CONSIDER BREXIT IMPACT ON TTIP TALKS



THE EUROPEAN Commission’s trade directorate general and the United States Trade Representative (USTR) office have said that they will be assessing the impact of Britain’s anticipated exit from the European Union (EU) on the planned EU-US Transatlantic Trade & Investment Partnership (TTIP).…

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THE UK’s vote last week (June 23) to quit the European Union (EU) creates deep uncertainty over the shape of future meat and livestock regulations in Britain. The same applies to EU market access for British meat and livestock companies or exporters from the rest of the EU wanting to target British consumers.…

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UK BREXIT VOTE SPARKS REGULATORY AND MARKET ACCESS UNCERTAINTY FOR NUCLEAR INDUSTRY



 

THE UK’s vote last Thursday (June 23) to quit the European Union (EU) creates deep uncertainty over the shape of future nuclear industry regulations in Britain. The same applies to EU market access for British nuclear fuel and component companies or exporters from the rest of the EU wanting to target British nuclear operators.…

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EUROPE’S NONWOVENS SECTOR THRIVES AS CONTINENT’S ECONOMY STAGNATES



THE EUROPEAN nonwovens industry has been pushing ahead, maintaining consistent growth above increases in GDP for the whole economy, increasing its international collaboration, and the successfully exploring new markets. And while it is rarely prudent to make anything more than short-term predictions about cost and tariff problems, such difficulties faced by the European nonwovens sector seem have been pushed into the background. …

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PERU’S ILLICIT GOLD MINES TRADE FUEL MONEY LAUNDERING



Peru has taken major steps in establishing a robust anti-money laundering (AML) system, but with thriving and evolving criminal black markets, deep-rooted corruption and a large informal business sector, serious challenges remain. According to a US State Department’s 2015 anti-narcotics control strategy report, criminal funds make up around 3.5% of the country’s GDP – which would amount to USD7 billion.…

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BREXIT COULD MEAN GREATER TAX COMPLEXITIES FOR IRELAND



 

SHOULD the United Kingdom (UK) elect to exit the European Union (EU) in the referendum on June 23rd [CHECKED], the tax impact on Ireland would be considerable, claimed managing director at Hughes Blake, a leading chartered accountants firm in Dublin.…

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NORTH AMERICAN NONWOVENS SECTOR LEAPS AHEAD IN SALES AND PRODUCTION



In 2015, North America’s manufacturing capacity for nonwovens (regarding the United States, Canada and Mexico) grew from 2014 by 2.4% to reach about 2.77 million tonnes, according to a spokesperson for the US-based Association of the Nonwoven Fabrics Industry (INDA). The United States dominates supplies in the region, making up 91% of capacity.…

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BUENOS AIRES 2016 – SPANISH PUBLISHERS TARGET ARGENTINA AS PROSPECTS BRIGHTEN



Spanish distributors and publishers have been busy meeting with Argentine buyers at the 42nd Buenos Aires International Book Fair, as Argentina’s new centre-right government lifting of import restrictions and a looming economic recovery improves the potential for sales. “Argentina is the new hotspot in Latin America,” Fernando López Daza, manager of Época Distribuciones, a Madrid-based distributor, said at the fair, which is being held from April 21 to May 9.…

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ARGENTINE CARMAKERS FACE A ROUGH YEAR, PROMISING FUTURE



Argentina’s automotive industry is poised for a rebound in 2017 after production slumped by 38% over the past four years, say experts encouraged by the performance of the country’s new government.

“We see Argentina’s car market turning the corner now,” said Neil King, the London-based head of automotive research at Euromonitor International, a research firm.…

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OPTIMISM RISES OVER SOLAR THERMAL ENERGY



The recent start of commercial operations at concentrating solar power (CSP) plants in Africa illustrates the potential for utility-scale CSP to capture an increasing share in the world’s power generation mix.

These plants include the 160 megawatt (MW) Noor 1 in southern Morocco, the foundation of what may become the world’s largest CSP generation site, and the 50MW Khi Solar One in South Africa.…

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The European Commission has refused to rule beef out of the proposed trade deal with South America.



EU Trade Commissioner Cecilia Malmström refused to confirm earlier reports suggesting Commission negotiators had agreed to remove beef from negotiations for Mercosur, the trading bloc that includes Brazil and Argentina.

In response to questions from members of parliament, Commissioner Malmström said, “I will not confirm what is in and what is not in the offer because we are still finalising it.…

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INNOVATION, AUTOMATION TO DRIVE NORTH AMERICA’S TECHNICAL TEXTILE INDUSTRY



NORTH America’s textile sector – of which technical textiles comprise nearly 70% production by value in the USA and just below 50% in Canada – has grown slowly when compared with global production. And growth within the industry in North America will further slow by 2020 due to competition from the Asia-Pacific region and Western Europe, according to industry analysts at Euromonitor. …

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BRAZIL’S POLITICAL TURMOIL STALLS AUCTIONS FOR FOUR AIRPORTS



In less than a year, Brazil had three different civil aviation ministers, and Brazil’s ambitious airport development plans have been harmed. One of the trio – Mauro Lopes – is a member of the Chamber of Deputies that voted for the motion to impeach President Dilma Rousseff over allegations she warped government accounts.…

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CONFERENCE HEARS HOW SMART FABRICS ARE FUELLING TECHNICAL TEXTILE MARKET GROWTH WORLDWIDE



 

The worldwide market for smart fabrics is projected to be USD2.2 billion in 2016 and is growing at an 18% clip annually, according to topline numbers presented by the Industrial Fabrics Association International (IFAI), at the Smart Fabrics Summit held in Washington DC on April 11.…

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NEW CANADIAN HALAL MEAT LABELLING REGULATIONS IN FORCE



Changes to labelling and advertising laws for halal food in Canada have come into force to better inform consumers and encourage halal meat producers to follow established certification systems. As of Tuesday, April 4, all halal claims – by both domestic and international suppliers – on food labels, packaging and advertising materials sold in Canada must be accompanied by the name of the organisation or person certifying it as halal.…

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KEEPING COMPETITIVE KEY TO GROWTH IN MEAT MARKET, SAYS COPA-COGECA HEAD



How to remain competitive in the face of falling meat consumption is the main challenge facing the meat and livestock industry today, Pekka Pesonen, secretary general of European Union (EU) farmers’ organisation Copa-Cogeca, has told GlobalMeatNews.

In an exclusive interview held as the EU body launched its #livestockcounts #enjoyagrifood campaign, promoting quality European meat consumption, Pesonen said: “We must ensure the added value of eating high quality meat as part of a balanced diet is communicated effectively to the consumer.”…

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CENTRAL AMERICA MARKET REPORT



MEXICO and central America are often regarding as manufacturing centres for the USA, the world’s largest personal care product country. And while it remains true that brands take advantage of lower costs in these countries to make competitive exports, Mexico (population 122 million) and the seven countries of central America (Belize, Costa Rica, El Salvador, Nicaragua, Guatemala, Honduras and Panama – population 45 million) are significant markets in their own right.…

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AIRLESS PACKAGING GIVES BRANDS CUTTING EDGE IN GLOBAL MARKET COMPETITIVENESS



Airless packaging producers around the world are increasingly giving brands a cutting edge in market competitiveness – the technology is spreading in North America, Asia and Europe, although it is struggling to find footholds in Latin America.

In the most mature airless packaging markets within north America and Europe, companies have introduced innovations combining airless technology’s protection of product with extra features that allow, for example, more precise application and help brands with customisation.…

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ASIA-INSPIRED COMPACTS PACKAGING GROWS IN POPULARITY WORLDWIDE



With the desire for packaging beauty being an integral part of north-east Asian consumer culture, it is perhaps no surprise that Japanese and South Korean cosmetics companies have led the way with compacts – whose popularity is spreading worldwide.

The ultimate combination of utility and design, when Japanese cosmetics companies start developing a new compact product, its packaging needs to meet two basic requirements: it has to delight the user with the way it looks, and it must be easy and convenient to use.…

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CHINA’S ANTI-GRAFT CAMPAIGN NETS SENIOR LEADERS, BUT ‘RED ARISTOCRACY’ REMAINS UNSCATHED



China’s leaders are fond of aphorisms and extended metaphors, the pithier the better. Witness Mao Zedong’s ‘Hundred Flowers’ movement in 1956, which encouraged citizens to express their criticism of the communist party, and Deng Xiaoping’s much-quoted ‘To Get Rich is Glorious’.…

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BRANDS INCREASINGLY CONSIDER SOURCING CLOSER TO HOME



With fast fashion demands growing and China’s costs rising, sourcing closer to home is certainly becoming a more commonly considered option for brands, speeding up clothing and textile supply chains, being particularly beneficial for smaller producers, according to experts. Companies sourcing locally can have faster turnaround times, potentially better relationships with suppliers, and greater quality control.…

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MEAT INDUSTRY HAILS REOPENING OF US BEEF AND VEAL MARKET TO DUTCH EXPORTERS



The Netherlands meat sector is delighted that its beef and veal industry has won US government approval to export to America, after being blocked since 1998, when Washington imposed a ban on all European Union (EU) beef and veal exports because of BSE.…

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LEGALISATION OF MARIJUANA COULD BOOST TOBACCO SALES AND OFFER GROWERS NEW INCOME



THE ONGOING legalisation of marijuana in the United States and Canada offers the tobacco industry some significant opportunities. This includes both increased consumption and also investment in tobacco sector suppliers such as vaporiser manufacturers.

As of this March, the US states of Colombia, Washington and Alaska had also legalised recreational use of marijuana and Oregon is well on its way to full legalisation.…

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RUSSIA TO INVEST INTO DRILLING TECHNOLOGIES FOR OIL AND GAS PRODUCTION



Leading Russian oil and gas producers, along with the national government, are considering investing up to Russian Roubles RUB100 billion (USD1.4 billion) into developing drilling and related upstream technologies during the next several years, amidst an shortage in technology supplies.

Prior to the sanctions war between Russia and Western countries sparked by the Ukraine crisis, the majority of drilling technologies were imported into Russia.…

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ETHIOPIA AIRLINES TO OPERATE WORLD CLASS CARGO TERMINAL IN ADDIS ABABA



Africa’s largest carrier, Ethiopian Airlines, is to have a EUR110 million world-class cargo terminal built to boost its freight handling capacity by fourfold – a move that will confirm Ethiopia’s position as Africa’s main trans-shipment destination.

The new cargo hub, which is being designed by German engineering firm Unitechnik Group, will be the size of five football grounds and be able to shift 600,000 tonnes of freight a year at the Addis Ababa Bole International Airport.…

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SECONDARY PACKAGERS COMBINE OFFER ALLURING GLIMPSES OF PRODUCTS TO ATTRACT ONLINE SALES



Boxes are not known for their excitement, but personal care product companies are making secondary packaging more alluring by designing them to give consumers an enticing glimpse of the goods inside. They are also using their collective imaginations to create aesthetically desirable mixes of different materials and textures, maybe combining these with visually arresting spatial design.…

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AUSTRALASIAN CONFECTIONERY MANUFACTURERS THINK TRADE DEALS WILL HELP EXPORTS



 

Australian and New Zealand confectionery and ice cream manufacturers have been broadly supportive of the Trans-Pacific Partnership (TPP) agreement that was finalised towards the end of 2015, recognising the potential for securing export sales in lucrative Asian markets. That said, there is some caution, given the TPP delivers more potential for America’s juggernaut of a confectionery sector to roll into local stores.…

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CHILEANS BECOME DISCERNING AS THEIR CHOCOLATE CONSUMPTION GROWS



 

The Chilean chocolate market grow by almost 11% annually over the last four years to hit 2.4 kilogrammes annually per head during 2014, with Chile’s consumption overtaking Argentina for the first time, according to data from market analysts Nielsen. But while overall consumption is growing, Chileans are also becoming increasingly sophisticated in their tastes, which has given rise to a growing market for gourmet chocolates, both locally produced and imported.…

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BUILDING BOOM SAVES SOUTH KOREAN COATINGS SECTOR AS AUTO AND SHIP SECTORS SLUMP



Considering the ongoing doldrums within the global economy, 2015 was not a bad year for South Korea’s coatings manufacturers. The sector’s cautiously positive sentiment mainly survived because Korean coatings consumption has been boosted by a domestic construction boom that made up for lacklustre demand from the east Asian export powerhouse’s carmakers and shipbuilders.…

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BANGLADESH APPETITE FOR SCRAP RISES AS NEW FURNACES COME ONLINE



Bangladesh’s imports of scrap metal has risen sharply as local steel millers turn to billet production, bolstering supplies encouraged by growing demand for finished products, Steel First has learnt.

Industry insiders said the south Asian nation imported around 1.5 million tonnes of steel and iron scrap in 2015 and estimates suggest that annual imports could surge to around 2.5 million tonnes by the end of this year.…

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HSBC MEXICO DRUG CARTEL CLAIM COULD EXPAND DEFINITION OF TERRORISM WITHIN US CASE LAW



A CASE brought by American lawyers against the HSBC, alleging they were responsible for attacks of victims of Mexican drug cartels might broaden the definition of ‘terrorist’ under US law to include drug traffickers.

St Louis-based Elias Gutzler Spicer LLC has brought suit at the US District Court, Southern District of Texas (Brownsville).…

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CHILE’S TIGHTER NET ONLY CATCHING SMALL FRY



While January 6 (2016) was a big day for Chile’s fight against money laundering, with a major money laundering case drawing to close, there is concern that the country’s anti-money laundering (AML) efforts are actually weakening.

After eight years of investigation, Santiago’s 34th Criminal Court handed down the first sentence against eight individuals in the country’s largest ever money-laundering cases.…

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EGYPT AIR CARGO BAN



Egyptian clothing companies that were restricted from using air cargo for exports to North America are getting around the ban. In December, 2015, national carrier EgyptAir suspended cargo shipments on passenger planes as a precautionary measure following the downing of a Russian aircraft in October at Sharm el-Sheikh.…

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EUROPE NEEDS CARBON CAPTURE TO REDUCE ITS CO2 EMISSIONS – BUT IS SLOW TO ROLL-OUT THE TECHNOLOGY



The European Union’s (EU) Energy Roadmap 2050 project is certainly ambitious – looking to decarbonise Europe’s energy sector – and it anticipates that carbon capture and storage (CCS) technology will play an important role. Yet, it is clear that this technology is far from ubiquitous and significant efforts will be required to enable CCS to play a key part in Europe’s CCS future.…

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PERSONAL CARE PRODUCT SECTOR STRUGGLES TO MAINTAIN SALES IN UNSTABLE MIDDLE EAST AND NORTH AFRICA



Five years since the start of the Arab uprisings in 2011, instability is still impacting cosmetics sales in the Levant and north Africa. Last year saw a slight improvement on overall sales in 2014, the year the Islamic State spread through northern Iraq and Syria, but figures are down on 2013, and the growth projected in 2010, according to figures from market researcher Euromonitor International and estimates from cosmetics companies.…

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PRIVATE LABEL RETAILERS AND SUPPLIERS FOCUS ON QUALITY TO GET A HEAD-START OVER BIG BRANDS



PRIVATE label brands for cosmetics and personal care products are attracting consumers with an increasingly wide range of offerings that stress their value-added nature, as well as affordable prices. Reflecting private labels’ innate reliance on quality and function rather than image, manufacturers supplying these products have been especially focusing on using scents to add value, from traditional florals to more adventurous notes.…

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ITALY’S BEAUTY MARKET RETURNS TO GROWTH



The beauty and personal care (BPC) market in Italy ended 2015 on a positive note, recording marginal growth in market sales, production and exports, according to a December 2015 report ‘Trends and Investments in the Cosmetics Sector’, released by the national cosmetics trade association, Associazione Italiana delle Imprese Cosmetiche (Cosmetica Italia).…

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TUBE, BOTTLE AND JAR MAKERS LOOK FOR ADDED VALUE WHILE MAINTAINING SUSTAINABILITY AND UTILITY



TUBES, bottles, and jars for packaging cosmetics and personal care products are not only becoming increasingly user-friendly and sustainable, suppliers and brands are looking for extra added-value features to promote sales. These range from useful applicators and storage devices to precision dosing, attracting consumers looking for convenient packaging.…

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BRAZIL’S LABOUR MINISTRY KEEPS PRESSURE ON TEXTILE SECTOR OVER LABOUR STANDARDS



 

Playing the blame game with worldwide known fashion brands has become a key strategy at Brazil’s labour and employment ministry, stopping the country’s textile and clothing sector from exploiting vulnerable workers, government inspectors have told WTiN.

They say that the high impact and publicity raids on manufacturing plants over the last five years are finally leading to businesses becoming more responsible over the hiring of workers to toil in poor conditions for little pay.…

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NEW LAB HELPS EUROPE AND THE UNITED STATES HARMONIZE E-VEHICLE STANDARDS



A new laboratory will help a joint research partnership between the United States and the European Union (EU) aiming to harmonize technology and standards supporting electrified transport on both sides of the Atlantic by the time plug-in vehicles enter the mainstream.…

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LAVA JATO PROBE EXPOSES LAUNDERING OF CORRUPT FUNDS AT HIGHEST LEVEL IN BRAZIL



Brazil’ biggest money laundering and corruption scandal kicked off at a petrol station that sits only two kilometres away from the National Congress of Brazil. And it still has a lot of fuel to burn.

When the Federal Police of Brazil raided a currency exchange booth at this fuel retailer on March 17, 2014, it began dismantling a political party financing and personal enrichment scheme that defrauded state-run oil giant Petróleo Brasileiro SA – more commonly known as just Petrobras – by at least USD2 billion in current figures.…

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MULTI-FUNCTIONALITY HELPS PROTECTIVE COATINGS COMPANIES MARKET THEIR WARES



Innovative protective coatings have always been marked on their ability to deliver a function with excellence. However, there is real marketing gold where companies can demonstrate that coatings deliver a range of protective functions at the same time, such as waterproofing, insulating, and protecting aesthetics.…

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CHINA FACIAL CARE MARKET SEES WESTERN PLAYERS INCREASINGLY CHALLENGED BY LOCAL COMPETITORS



IT has been a tough year for China’s growing economy, which has experienced some unexpected faltering in 2015, but facial care product sales have continued to surge ahead.

Retailers of these products have posted strong and sustained growth rates, increasing by 8% in the whole of 2014 to Chinese Yuan Renminbi – CNY142 billion (USD22.1 billion) and are estimated to have grown by another 10.2% in 2015, to CNY (also known as RMB) 156.4 billion, according to market researcher Euromonitor International.…

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OIL AND GAS SECTOR PREPARES TO ENGAGE IN POST-PARIS CLIMATE FUTURE



THE OIL and gas industry is preparing itself for regulatory challenges following the agreement on limiting climate change struck in Paris on December 12. In comments following the deal, industry organisations stressed the key role the oil and gas industry will continue to play as a key energy and product ingredient source, even as the world moves towards a lower carbon economy.…

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GLOBAL DEMAND SURGES FOR HIPSTER BEARD CARE



The rise of hipsters and the appeal of the bearded lumberjack look, dubbed ‘lumbersexual’, in recent years has led to a rapid growth in beard and moustache care products sector worldwide. Specialty products such as beard oil and conditioners, as well as tools such as beard brushes, have become necessities for many men with facial hair.…

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ARGENTINA ENLISTS CHINA IN NUCLEAR POWER PUSH - BUT FUEL SUPPLY DETAILS STILL UNDER DISCUSSION



Much remains to be decided between Argentine and Chinese nuclear bosses over the fuel element to the USD12.8 billion proposed construction of two reactors by the China National Nuclear Corporation (CNNC). 
Argentina contracted the CNNC in February after a tender to help build the 800 megawatt electrical (MWe) Atucha 3 pressurized heavy water reactor, with construction work scheduled to start in 2016, although with discussions continuing on the plan, this might slip to 2017.…

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MCDONALD’S UNLIKELY ALLY FOR RESPONSIBLE SOY PRODUCTION



Vegetable oil companies are rightfully concerned about the reputation of key feedstocks such as soy for good environmental and social sustainability. Bad news stories about poor pay, pollution and virgin land clearances can knock consumer demand for products and that is bad for business.…

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ARGENTINA TAPS CHINA FOR NUCLEAR PLANTS – BUT DISCUSSIONS GO ON



A USD13 billion deal agreed by China to build two reactors for Argentina hinges entirely on the Chinese side putting up the financing, with a final arrangement on the cash deal to be inked in 2017. That’s according to sources in the Chinese nuclear industry.…

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VIETNAM GARMENT SECTOR SET TO INCREASE RELIANCE ON US YARN AFTER GAINING TPP FREE-TARIFF TREATMENT



Although the final details of the Trans-Pacific Partnership (TPP) trade agreement have yet to be agreed, it is all but certain that the TPP’s free-tariff treatment for Vietnamese garments will see substantial amounts of yarn being shipped from US textile mills to garment factories in Vietnam, with the resulting clothing returning to the USA as finished ‘Made in Vietnam’ products.…

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US-INDIA RELATIONS STALLED OVER PHARMACEUTICAL INTELLECTUAL PROPERTY SQUABBLE



American pharmaceutical industry officials and trade groups remain cautiously optimistic that intellectual property (IP) negotiations with India can be resolved to the benefit of both nations’ medicine sectors. For now, however, India remains on a so-called ‘priority watch list’ of nations the US is urging to address key IP protection concerns.…

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MYANMAR SETS SIGHTS ON USD2 BILLION GARMENTS EXPORTS



Myanmar has set a target for garment export earnings at USD2 billion for the 2015-16 fiscal year. “Myanmar’s export volume last year was USD1.46 billion – however we are yet to receive data from Germany and Latin America. Our expectation is that when we do, it will stand at USD1.5 billion,” said U Myint Soe, chairman of the Myanmar Garment Manufacturers Association (MGMA).…

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MEXICO DAIRY COMPANIES STRUGGLE AGAINST WEAK PRICES AND IMPOVERISHED CONSUMERS



Dairy producers in Mexico have turned to product diversification boost sales and avoid more profit losses caused by an increase in costs, weak purchasing power within lower income consumer groups and competition from non-dairy alternatives.
Beatriz de Llano, an analyst for market researchers Euromonitor International, said average unit prices in the sector rising by 7% annually in 2014, because of a rise in farm gate prices caused by cattle feed cost inflation – from MXN5.90 (USD0.38) per litre in 2013 to MXN6.50 (USD0.41) per litre in 2014.…

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FIFA SAYS IT’S THE VICTIM AS MASSIVE GRAFT SCANDAL EXPLODES



World football’s governing body FIFA – Fédération Internationale de Football Association – has claimed it is the victim following the arrests of 14 officials in Zurich on May 27, before its latest annual congress. The Office of the Attorney General of Switzerland (OAG), which made the arrests for its US counterpart, also announced it had opened its own separate case.…

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CONFECTIONERY AND SWEET BAKERY FLAVOURING INNOVATIONS DRAW FROM MANY TASTE CULTURES



A WIDE range of flavouring innovations continue to emerge in the global confectionery and sweet bakery industry as brands look to differentiate themselves with new formulations, unusual concepts, and novel natural products. Speaking to Confectionery Production, Lindsey Bagley, a UK-based technical consultant to the global food industry, observed that extensive research is taking place in the flavouring industry.…

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ARGENTINE BOOK FAIR SEES PUBLISHERS BET ON NICHE MARKETS



Publishers were upbeat at the 41st Buenos Aires International Book Fair highlighting strong sales in the Argentine market of adventure, fantasy and self-help books. They told the Bookseller that they planned to focus on these genres as they sign new talent.…

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ACCOUNTANTS CAN BE REBELS WITH A CAUSE, SAYS AUTHOR GLEESON-WHITE



Best-selling Australian author and accounting historian Jane Gleeson-White sees accountants as potential revolutionaries with the power to save the planet. Now, there’s a thought.
They need to be creative, however. And while such tactics are generally associated with the mafia and corporate crooks, laundering the proceeds of drug cartels or squirrelling profits away from the view of the taxman, Gleeson-White, 54, challenges this perception.…

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UK STILL TOP FOR OFFSHORE WIND BUT CHINA SHOWS POTENTIAL FOR ONSHORE



The UK may still be a world-beating performer for developing offshore wind energy, but more still can be done onshore, as demonstrated by China’s wind-power growth, the Global Wind Energy Council’s (GWEC’s) secretary general Steve Sawyer has argued. Indeed, unveiling GWEC’s, Global Wind Report: Annual Market Update 2014, in a webinar April 1 from Istanbul, Sawyer noted that the UK at 813 megawatts (MW) of installed capacity produces more offshore wind energy than the rest of the world combined, with Denmark “a distant second”.…

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MATURE EUROPEAN NONWOVENS SECTOR GROWS THROUGH INNOVATION



THE ONWARD march of nonwovens production in Europe appears to be relentless, but the drivers behind it have changed in recent years. Early markets for disposable products have matured and levelled off in many countries and newer applications have taken up the slack.…

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PARAGUAY ADVANCES AML REGULATIONS, BUT FALLS SHORT IN CONVICTIONS AND SEIZURES OF FUNDS



Despite Paraguay’s past difficulties in effectively fighting money laundering, the country has been introducing new regulations to boost its controls; however their reforms’ implementation have been hampered by lack of political will.
Located between Argentina and Brazil, Paraguay is a key country in the struggle against money laundering and financing of terrorism in South America because its porous border is used by drug cartels to smuggle drugs, among other illicit items, into the two region’s biggest markets for cocaine and marijuana.…

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BRUSSELS EXTRA SPENDS TO PROMOTE EU MEAT SALES IN FACE OF RUSSIAN BAN



THE POLISH, Scottish, Austrian and Belgian meat sectors are significant winners in the latest announcement of European Union (EU) marketing financing designed to help food companies seize more sales within and outside the EU.
They will benefit from multi-million Euro sales and marketing programmes, 50% funded by the EU, announced yesterday (Tues April 21).…

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CONCERNS RAISED OVER CLONED FOODS IN DENMARK



Denmark’s ministry for food, agriculture and fisheries (MFAF/ministeriet for fødevarer, landbrug og fiskeri) is investigating whether meat (and dairy) products sourced from the offspring of cloned farm animals have found its way onto supermarket shelves in the country. With the products in contention imported mainly from North America, the investigation could lead to stricter product labelling laws in Denmark.…

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CHINA TO INCREASE COTTON IMPORTS AS XINJIANG REDUCES COTTON FARMING AREA, SAYS EXPERT



A China-based cotton expert has predicted that Chinese clothing and textile producers will be forced to import more cotton now the government of Xinjiang province has decided to reduce its total cotton farming area in 2015. A communiqué from the Xinjiang Uygur Autonomous Region Agricultural Bureau said it wanted to reduce north-west China region’s total cotton farming area to 300 hectares, down 17.5% on 2014.…

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RESHORING UK AND US



IT is early days when it comes to measuring reshoring in the clothing and textile sector, the return of production to mature markets from the Asian outsourcers who have dominated supply for the past decade. But industry experts and players are sure that it is happening.…

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DUAL SOURCING OF GARMENTS BECOMING MAINSTREAM



The trend towards the dual sourcing of garments has accelerated since the middle of the last decade. The sourcing pattern involves initial volumes being sought in the east, with lead times of up to three months, and replenishment from locations closer to the consumer, within weeks or even days.…

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NORTH AMERICAN TECHNICAL TEXTILES INDUSTRY GROWING THROUGH INNOVATION



THE NORTH American technical textiles industry has always been at the cutting edge of the global sector and today, companies are creating innovative products that offer high performance for less cost, integrating electronic capabilities, and offering greater durability.
For instance, New York-based V Technical Textiles Inc is delivering to its customers a new line of technical textiles called VTT Etchtex, announced last year.…

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NEW CHINESE GENETIC TECHNOLOGY AGAINST TB INFECTION IN CATTLE ON TRACK, SAYS SCIENTIST



The Chinese scientist developing genetic technology to protect cattle against bovine tuberculosis (TB) has told globalmeatnews.com of the steps now under way to bring this innovation to market. The team around Professor Zhang Yong of the Northwest A&F University’s College of Veterinary Medicine, in Shaanxi province, central China, had made international headlines in early February by presenting a herd of genetically-engineered TB-resistant Holstein-Friesian cattle.…

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CHINESE AND MEXICAN MEAT SECTORS WELCOME NEW TRADE PERMITS RELEASED BY BEIJING



China’s approval of meat imports from eight Mexican production plants has been welcomed by the Mexican and Chinese meat sectors. According to reports from China’s ministry of commerce, six exporters given the green light produce pork meat: Sonora Agropecuaria, Frigorifico Agropecuaria Sonorense (slaughter facility), Frigorifico Agropecuaria Sonorense (packhouse), Frigorifico Kowi, Alimentos Grole, and Grupo Porcicola Mexicano.…

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AMERICA’S BARGAINING POWER IN NEGOTIATING TRADE DEALS UNDERMINED WITHOUT TPA: PORK INDUSTRY EXPERTS



AMERICA’S chances of promoting pigmeat exports by striking trade agreements under discussion such as the Trans-Pacific Partnership (TPP) or the Transatlantic Trade and Investment Partnership (TTIP) are slim, if President Barack Obama is not given authority to present deals to Congress for simple yes or no votes.…

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USA AND NEW ZEALAND TAKE ON INDONESIA AT WTO OVER MEAT RESTRICTIONS



The United States and New Zealand have joined forces in asking the World Trade Organisation (WTO) to create a disputes settlement body ruling on whether Indonesian import restrictions on livestock, meat and other food products breaks global commerce rules.
Washington and Wellington have been formally consulting with Indonesia about their concerns since last May (2014).…

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WEST COAST LABOUR DISPUTE DEAL STRUCK – BUT DAMAGE HAS BEEN DONE TO AMERICAN METAL SECTOR



A recent breakthrough in negotiations means there is a likely end of troubles experienced by many non-ferrous metal importers and exporters and their supply chains during the ongoing USA west coast ports labour dispute. But what happens now? Just how badly has the industry been affected and how swiftly can it recover should normal port service be resumed?…

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FIRE RETARDANT COATING INNOVATION STRONG IN THE USA



Increased demand for fire-retardant paints and coatings, and tighter regulations around the use of certain flame-retardant chemicals, is leading to a growing range of innovations in this sector. A wide range of such developments is emerging in the USA in particular, although European research is also ongoing.…

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LATIN AMERICAN PAINT INDUSTRY STRUGGLES AMIDST ECONOMIC SLOWDOWN



THE LATIN American paint and coatings sector has been facing tough times in the past year, with sluggish overall economic performance depressing demand for the industry. Even, last summer’s World Cup football fiesta in Brazil, did not give the region’s largest market any motive to celebrate.…

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RACE FOR GLOBAL CHASSIS MARKET SHARE SPARKED BY EUROPEAN COMMISSION COMPETITION DECISION



The European Union’s (EU) executive, the European Commission has used its competition law powers to open up a multi-billion dollar race for the huge global market for intelligent chassis systems and advanced collision-avoidance technology. Its regulatory starter pistol has been the terms it has imposed on German firm ZF, of Friedrichshafen, for its planned acquisition of TRW, based in Detroit.…

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VW INVESTS IN DESIGN AFTER LOSING MARKET SHARE IN BRAZIL



Volkswagen Brazil’s new EUR200 million from the European Investment Bank (EIB) may not be enough to help the German automaker recover its long-standing position in Latin America’s largest market, a senior auto expert has warned. VW’s Brazil market share dropped from 22% in 2004 to 17% last year, which puts them behind leaders Fiat and in a struggle with Chevrolet to keep the second position in South America’s key market, according to Brazil’s automotive industry association – Associação Nacional dos Fabricantes de Veículos Automotores (ANFAVEA).…

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CAREFUL PREPARATION IS BEST DEFENCE AGAINST KIDNAP RISKS FOR TRAVELLING EXECUTIVES



THE RISK of being kidnapped is a significant concern for those travelling for business to unstable and dangerous regions of the world. Yet, travellers can reduce these risks by following preventative measures and making smart plans, say business security experts. Elizabeth Machuca reports from Mexico City.…

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SOUTH AMERICA PERSONAL CARE PRODUCT SALES WEAK IN 2014 AND 2015



SOUTH America’s personal care product sector has been is facing tougher times than usual – with some countries experiencing weaker sales last year and others faltering this year.
The region’s largest market Brazil is facing a rocky 2015, with a general slowdown in Brazil’s economy, expected to shrink by 1% in 2015.…

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LABELLING AND DECORATION INNOVATION INCREASINGLY IMPORTANT FOR PERSONAL CARE PRODUCT MARKETING SUCCESS



COSMETICS and personal care product packagers are creating innovative designs to attract consumers, using labelling and decoration that appeals to multiple senses. Packagers have also faced challenges related to selling products online, developing new strategies to convey the same appeal and information to consumers from a web page as on the shelf.…

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EU-US TRADE NEGOTIATIONS ZOOM IN ON SCIENTIFIC ASSESSMENTS



THE EUROPEAN Union (EU) has released proposals on how it wants to build more common systems and promote mutual recognition in personal care product assessments and testing methods through the Transatlantic Trade and Investment Partnership (TTIP), currently being negotiated between the two sides.…

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MEXICO IS STRONG MATURE MARKET FOR PERSONAL CARE PRODUCT SECTOR



MEXICO represents a powerful investment opportunity as the second largest consumer of ‘beauty and personal care products’ (BCP) in Latin America, after Brazil. While a relatively mature BCP market makes growth a creative challenge, the country is increasingly popular as a location for BCP production facilities.…

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DIVERSE GULF REGION SEES RISE IN MARKET FOR HIGHER END OILS AND FATS



In the Gulf, the harsh desert climate has always made agricultural production difficult, so fats in the form of animal lard or milk ‘ghee’, have traditionally dominated diets.
But population growth in the Gulf Cooperation Council (GCC) countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates – UAE), rising affluence, booming ex-patriot populations, and increasing diversity in imports, have driven increases in sales of higher end edible oils in the region.…

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ENERGY COMPANIES MAKING SIGNIFICANT ADVANCES IN DEVELOPING SYNFUEL TECHNOLOGY



The emergence of synthetic fuels continues to raise hopes that low-carbon alternatives to fossil fuels will be developed, offering the prospect of long-term sustainable production. And with synthetic liquid fuel and synthetic gas chemical composition reflecting fossil fuels’ conversion of hydrogen and atmospheric CO2 into methane, experts are openly enthused about their avoidance of intermittency associated with renewable energy.…

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CAMBODIA: ‘KRAMA’ SCARVES’ GROWING INTERNATIONAL APPEAL



THERE is growing international demand for Cambodia’s traditional ‘krama’ scarves from Europe – especially from Germany and Italy.  And the bulk of the country’s nearly 50,000-60,000 annual ‘krama’ exports go to these two countries, the Cambodian Craft Corporation executive director Seung Kimyonn told WTiN.com.…

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INTERNATIONAL REGULATORS DEVELOP EXPERT NETWORKS FOR PAEDIATRIC MEDICINES, USING SCARCE AVAILABLE SPECIALISTS



The possibility of a global paediatric research network has taken firmer shape in recent months with European Union (EU) industry representatives and medical regulators expressing support for a tie-up with their US colleagues and those from other countries. The issue is being taken up by a working group set up by the European Network of Paediatric Research (Enpr-EMA) in the European Medicines Agency (EMA).…

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BRUSSELS WEIGHING ON MEDICINES SUSPENSION FOLLOWING INDIAN CLINICAL DATA DOUBTS



 

THE RE-EXAMINATION of European Union (EU) market authorisations following concerns over clinical trials conducted by GVK Biosciences in Hyderabad, India, has sparked intense debate in Brussels.

A European Parliament hearing has heard comment and details about the recommendation from the European Medicine Agency’s committee for medicinal products for human use (CHMP) that some 800 forms and dosages of medicines approved in the EU be suspended.…

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SECONDARY PACKAGING ADVANCES GIVING PERSONAL CARE PRODUCT COMPANIES A MARKETING EDGE



 

IN the highly competitive cosmetics and personal care market, producers of secondary packaging are creating ever more advanced, innovative shapes and decorations to attract consumers. Whether it conveys a message of sustainability, luxury, or simplicity – secondary packaging continues to play a crucial role, often communicating multiple ideas and emotions to consumers in an instant.…

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ACCA FELLOW IN POLAND DEVELOPS CAREER THROUGH VARIED AND TOUGH CHALLENGES



Climbing the career ladder in finance and accounting takes a willingness to take on new, difficult challenges, acquiring varied experience and clear long-term goals. No one knows this better than Grzegorz Mączyński, an ACCA fellow and the financial director and member of the board of Alstom Konstal, Alstom Transport’s branch in Poland.…

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US-CUBA LIBERALISATION OFFERS PROSPECTS FOR AMERICAN AUTO SECTOR, BUT NOT ANY TIME SOON



The recent moves towards loosening trade and diplomatic relations between the US and Cuba has provided a source of cautious optimism within the American auto industry.
President Barack Obama has been loosening the 54-year trade restrictions after announcing a policy u-turn on December 17 last year, but only Congress, controlled by Republicans, can actually lift the economic embargo entirely.…

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BRAZIL’S NONWOVENS INDUSTRY PREPARES FOR FLAT 2015, BUT INVESTING FOR THE FUTURE



WHILE the global nonwovens industry maybe booming through investments, acquisition of new sites, expansion of capacity, more customers and exhibitions all over, the same optimism cannot be applied to emerging market former starlet Brazil. Despite its huge market with 200 million inhabitants, the nonwovens sector of South America’s economic powerhouse is looking for another deep loss of steam in 2015.…

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CHILE MAKES FIRST EXPORT OF LIVE HEIFERS TO CHINA



Chile has exported more than 7,000 heifers to China in its first major export of live cattle, which has just arrived at its destination, and the government hopes this might be the start of developing a long term beef livestock export trade.…

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VENEZUELA DUMPS AIRPORT AIR TAX AFTER UPROAR FROM PASSENGERS



A levy on air in the Venezuela’s largest airport, Maiquetía Simón Bolívar International Airport – on both domestic and foreign flights – caused such an uproar in the South American nation last year, it has since been repealed. According to the Venezuelan Airline Association (ALAV – Asociacion de lineas aereas de Venezuela), the ‘air-tax’ was doomed by the constant complaints and delays it caused.…

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JAPAN TECHNICAL TEXTILE MAKERS HONE COMPETITIVE EDGE IN ASIA BY FOCUS ON QUALITY



JAPAN’S textile sector, including technical textiles, has long enjoyed a reputation for producing innovative and high-quality products that meet – and surpass – consumers’ needs. Over the years, companies from across the industry, ranging from low-tech spinning operations to the manufacturers of cutting-edge technical textiles, have invested heavily in their research and development divisions and their personnel to stay ahead of the competition.…

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ANTI-FRAUD LACKS A FORMAL WORLD BODY, ALTHOUGH SPECIALISTS VALUE CRIME LAW HARMONISATION



Bribing public officials is part of the regular cut-and-thrust of doing business in some parts of the world. Russia stands out, of course. Similarly some 28% of respondents in Singapore thought it was acceptable for companies to “misstate” their financial performance if it helped them, says EY in its 13th Global Fraud Survey.…

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INTERNATIONAL REGULATORY ROUND UP - EUROPEAN PARLIAMENT AGREE TO GMO OPT-PUT BY NATIONAL GOVERNMENTS



THE EUROPEAN Parliament has voted to allow individual European Union (EU) member states to reject the cultivation of genetically modified food on their territories, independent of what the situation is at EU level. This law, negotiated with the EU Council of Ministers, leaves room to national governments to ban the GMOs from being produced in their countries for other reasons than environmental or health risks.…

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CHILE’S SKIN CARE MARKET ROARS AHEAD AS CONSUMERS DISCOVER VALUE OF FACE PRODUCTS



THE FACIAL skin care market in Chile has enjoyed double digit growth for over a decade, and is expected to continue expanding. Although this market is expected to grow at a slower rate this year, market research firm Canadean Ltd has forecast an average annual growth rate of 11% between 2013 and 2018.…

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INDIA’S GODREJ STRENGTHENS POSITION IN AFRICA’S HAIRCARE MARKET



INDIA’S Godrej Consumer Products Ltd has acquired another hair care business in Africa, buying a 100% equity stake in South African hair extensions specialist Frika Hair (Pty) Ltd.

According to a Godrej communiqué, Frika has a strong wholesale distribution capacity for it hair extension products that include braids, synthetic weaves, human hair weaves, wigs and hair-pieces.…

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TURKEY’S NONWOVENS INDUSTRY POISED TO SEE SIGNIFICANT GROWTH



Turkey’s rapidly growing nonwovens industry is a rising star that everyone should be paying attention to. This was the general consensus at the second Turkish Nonwovens Symposium in Istanbul on November 10-11, held by EDANA, the leading global association of nonwovens and related industries.…

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NEW CZECH FEE PRESIDENT WILL FOCUS ON EFFECTS OF NEW EU AUDIT REFORM



IN another sign that the economic and social divisions wrought by Europe’s 1945-1989 ideological division continue to ease, Czech accountant Petr Kříž will serve as president of the Federation of European Accountants (FEE) for the next two years. It is the first time in the history of this professional organisation that its president comes from a former eastern bloc country.…

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URUGUAY BEEF EXPORTERS SET TO BENEFIT FROM NEW TRACKING SYSTEM



BEEF producers in Uruguay are emerging as the most progressive and successful in Latin America with a universal system for electronically tracking cattle and a continued surge in exports.

The country’s accumulated exports of beef products for 2014 (up to December 6) reached 229,907 tonnes – an increase of 5,750 tonnes compared to the same period in 2013, according to the National Meat Institute (Instituto Nacional de Carnes – INAC), which monitors and promotes the meat industry.…

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SPANISH PORK PRODUCERS TARGET GREATER SALES IN MEXICO



MEXICAN inspectors have visited 15 meat businesses in Spain as trade negotiations between the European Union (EU) and Mexico raise the prospect of greater exports to the Latin American country.

Mexico is already the main non-EU market for Spanish cured, cooked and preserved pork products and hopes are high that pork meat will be included in any deal with the EU.…

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CENTRAL AMERICA RAISES ITS AML/CFT GAME, BUT HAS MUCH WORK AHEAD



Central America’s increasing exposure to money laundering is at least being recognised by the governments on the region, who are working both individually and collectively to combat the problem.

The region has strengthened cooperation, for instance. A key initiative is the Central American Integration System (SICA), a regional political organisation which coordinates government actions for Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Belize and the Dominican Republic regarding certain policy development and programmes, notably improving law enforcement.…

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AMERICAN CONSUMERS PREPARED TO SPEND MORE ON MEAT SPECIALITIES AND LOCAL SOURCING



Price may still be king in shaping American consumer demand for meat products, but its influence is waning as buyers seek more information on sourcing and preparation, according to key industry surveys and multiple retail insiders.

This trend is apparent across all retail sectors, from supermarkets to club stores to butcher shops, according to a comprehensive 2014 survey published by the American Meat Institute (AMI).…

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CONSENSUS EMERGES THAT COMPULSORY IFRS SHOULD BE EXPANDED IN THE EU



ACCA has called on the European Commission to propose extending the scope of mandatory use of international financial reporting standards (IFRS) within the European Union (EU), stressing the value created by IFRS in Europe and worldwide. Its comments have come in a Commission review of the impact of mandating IFRS for consolidated financial statements of around 7,000 EU companies whose securities are traded on a regulated EU market.…

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CONSENSUS EMERGES THAT COMPULSORY IFRS SHOULD BE EXPANDED IN THE EU



ACCA has called on the European Commission to propose extending the scope of mandatory use of international financial reporting standards (IFRS) within the European Union (EU), stressing the value created by IFRS in Europe and worldwide. Its comments have come in a Commission review of the impact of mandating IFRS for consolidated financial statements of around 7,000 EU companies whose securities are traded on a regulated EU market.…

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ADAPTIVE LICENSING USEFUL FOR ORPHAN DRUGS, CONFERENCE HEARS



ADAPTIVE licensing methods such as that proposed by the European Medicines Agency (EMA) are indeed useful in the development of medicines for rare diseases, Martin Andrews, the senior vice-president at GSK Rare Diseases, has told the World Orphan Drugs Congress 2014.…

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DOUBLE-EDGED SWORD OF GROWTH AND INSTABILITY IN MIDDLE EAST AND NORTH AFRICA NONWOVENS SECTOR



The Middle East and North African nonwovens sector is in flux. At the same time as extra capacity has come online, regional demand has been affected by political instability, forcing manufacturers to focus on exports and diversify their offerings.

“It is showing clearly now that the Arab Spring and political consequences have definitely delayed investment decisions by potential customers.…

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TRADE EFFORTS MAY GET HIT BY MIDTERM VOTE, TEXTILE INDUSTRY EXPERTS SAY



CLOTHING industry leaders in the USA met on Wednesday (Nov 5) in New York and considered whether America’s mid-term elections on the previous day had made securing agreement on the critically important Trans-Pacific Partnership (TPP) more difficult.

With the opposition Republicans taking control of the US Senate, and consolidating control of its House of Representatives, the task of President Barack Obama in securing special rights to ratify a deal got harder.…

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SMALLER-SCALE SOLUTIONS TO ROUTINE FLARING NEEDED



AROUND 140 billion cubic metres of associated natural gas from oil production is still burned off annually, according to World Bank analysis of satellite images from the United States’ (US) National Oceanic and Atmospheric Administration.
Flares light up the night sky in regions such as the Arabian Desert and America’s Bakken formation in North Dakota, where shale oil production is booming.…

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REACH REPLICAS IN ASIA SHOULD BE CLOSELY MONITORED, SAY EXPERTS



THE EUROPEAN Union (EU) seems to have sparked a regulatory trend with its REACH chemical control system, with more and more countries in Asia adopting REACH-inspired chemical management laws. Thus textile finishing units, companies and suppliers will have to pay increasingly close attention to chemical regulations in Asia-Pacific countries such as China and South Korea.…

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JAR AND BOTTLE INNOVATION AIMS TO REDUCE COSTS AND ENVIRONMENTAL IMPACT, WHILE BOOSTING AESTHETICS AND FUNCTION



INNOVATIONS in bottles and jar manufacture, from using waste food as feedstock to creating gas bubbles in traditional materials to lighten packages and reduce material inputs, are helping personal care product companies reduce costs and their environmental footprint simultaneously.

And where companies are really smart, they can use these innovations to improve aesthetics, and add functionality features.…

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US AIRPORT SECTOR RELIEVED OVER FEDERAL GOVERNMENT BUDGET DEAL – BUT WILL IT STICK?



FEDERAL government USA civil aviation programmes are expected to proceed – for the most part – in 2015, with the US Senate approving a federal government budget for the current fiscal year on Saturday December 14. With President Barack Obama indicated that he would approve the bill, averting a government shutdown, federal aviation programmes look set to be funded through to September 30, which in the US government, counts for some security.…

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HIGHER EDUCATION FRAUD TRAINING QUICKLY BECOMING INDUSTRY NORM



AS companies and government organisations implement more stringent fraud detection programmes, they are recruiting the best and brightest anti-fraud experts. Universities in North America, Australia, Europe and Asia are responding to demand for anti-fraud expertise by offering fraud prevention classes in accounting, criminology, and business degrees.…

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NISSAN OPTIMISTIC ABOUT JAPAN SALES OF ITS E-VAN, ALTHOUGH PRODUCTION WILL REMAIN IN SPAIN



The all-electric version of Nissan Motor Co’s NV200 mid-size van has been launched in the Japanese market, with executives expressing optimism about sales, even though manufacturing will be based at Nissan’s Barcelona, Spain, plant.  

This is to bring supplies close to the large European market, but Takao Katagiri, the company’s executive vice president, has said he is confident that the e-NV200 will quickly command niche sales in Japan.…

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REACH REPLICAS IN ASIA CONTINUE TO BE MOVING TARGET, SAY EXPERTS



THE EUROPEAN Union (EU) might have been making the regulatory heavy weather with its REACH chemical control system, but paints and coatings companies increasingly have to pay close attention to developing chemicals regulations in Asia-Pacific countries such as China and South Korea.…

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GHANA ENACTS FLURRY OF AML LAWS – BUT NO PROSECUTIONS SECURED YET



GHANA continues to be recognised as one of Africa’s success stories. The country remains relatively peaceful and stable, and its economy has grown at an annual average of around 6% over the past six years. As a result, it is maybe not a surprise that Ghana was ranked healthily at 5.88 (10 being the worst score) in the 2014 Basel Anti-Money Laundering index, among the lowest in west Africa, only bettered by established democracy Senegal, with 5.43.…

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CENTRAL AMERICA STRUGGLES TO CONTAIN THREAT POSED BY AML TO ITS UNSTABLE SOCIETIES



Mexico, South America, and the United States are usually the focus of discussions about money laundering, drug-trafficking and transnational crime in the Western Hemisphere. However, as countries like Mexico and Colombia have upped their security game, criminals have taken advantage of their small Central American neighbours as weaker links for both the transport of drugs and the laundering of illicit funds associated with the trade.…

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SHIFTING POLICIES IN UK MAKE COGEN A TOUGHER SELL THAN IN AMERICA



IT is often said that the UK and USA are separated by a common language, but there are real and clear differences between the two countries’ approaches to developing combined head and power (CHP). This is today firmly entrenched as part of the UK energy mix but many in the industry would argue that this is in spite of rather than because of the approach taken by ministers.…

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ANTIMICROBIAL PRODUCT DEVELOPERS WORK TO INCREASING NUMBER OF TECHNICAL STANDARDS



ANTIMICROBIAL textile manufacturers face an ever increasing number of mandatory and voluntary standards around the world that clarify and specify how they can ensure safety, quality, and proper testing of their products. With bacteria becoming more resistant to anti-microbial treatments, this is of special importance to cleanroom managers in hospitals, laboratories, food research, military and other sectors.…

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KIKKOMAN CORPORATION REMAINS A TOP JAPANESE FOOD PRODUCER AMIDST CHANGING GLOBAL MARKETS



CHANGING demographic patterns in the domestic market are driving innovation at Japan’s largest producer of soy sauce and seasonings, while growing overseas demand means that the Kikkoman Corporation is actively looking to raise its international profile, according to Noriaki Horikiri, president and chief executive officer of the company.…

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NEW FIBRE FEEDSTOCKS OFFER CLOTHING COMPANIES AFFORDABLE FIBRES AND GREEN MARKETING



As the global apparel sector searches for more eco-friendly fibres and fabrics, innovative developments are increasingly focusing on more sustainable and often unusual alternative feedstocks.
Companies are being encouraged to innovate also by recent high cotton prices and a growing awareness that tighter control of supply chains can help keep costs down in general.…

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CANADIAN-EU TRADE DEAL DETAILS PROMPT GENERALLY POSITIVE RESPONSE FROM KNITWEAR SECTOR



THE NEWLY finalised European Union (EU)-Canada Comprehensive Economic and Trade Agreement (CETA) will give European knitwear manufacturers an advantage over Canadian producers and could encourage European brands to set up operations in Canada, an industry leader in Ottawa has argued.

CETA includes mutual investment protection clauses for EU and Canada companies wanting to establish themselves or finance manufacturing in the other signatory jurisdiction.…

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EUROPEAN TRADE DEAL WITH EAST AFRICAN COMMUNITY SET TO INCREASE TEXTILE TRADE



KENYAN knitwear exporters maybe the biggest knitting sector winners from a comprehensive trade deal struck between the European Union (EU) and the East African Community (EAC), which was finalised on October 16. It should boost trade between the two regions – including of yarns and knitted or crocheted clothing and fabrics.…

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BULK OF US BEEF INDUSTRY LEVY INVESTMENT IN 2015 TO PROMOTE DOMESTIC BEEF SALES



THE CATTLEMEN’S Beef Promotion and Research Board in the USA will spend USD10.5 million of its USD39 million investments planned for the fiscal year of October 1, 2014-2015 to promote beef sales in its domestic market.

The goal of this consumer information campaign is to “improve domestic preference for beef by educating consumers about things like beef safety, nutrition and health, convenience, taste and value,” the board’s communications manager Diane Henderson told globalmeatnews.com.…

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RUSSIA ABOUT TO IMPORT PORK FROM CHINA



Russian health regulators have now approved the import of pork from five Chinese suppliers, including two subsidiaries of the Shuanghui Group, globalmeatnews.com has been told. The move comes as Moscow seeks to replace supplies from Europe and America, which it is blocking because of its diplomatic standoff with the west over the Ukraine conflict.…

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CANADA TO DEVELOP HORMONE-FREE BEEF PRODUCTION CAPACITY FOLLOWING CETA



CANADA will start developing capacity to produce hormone-free meat for the European Union (EU) market following the conclusion of an EU-Canada Comprehensive Economic and Trade Agreement (CETA), a senior European Commission official has said. The end of technical negotiations was formally announced on Friday (September 26) during an EU-Canada summit in Ottawa.…

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USA: APPAREL IS NOW THIRD LARGEST RE-SHORED INDUSTRY, SAYS EXPERT



THE APPAREL manufacturing sector is the third largest reshored sector of all industries in America, after electronics and computers, Reshoring Initiative founder Harry C Moser has told just-style. “As at March 2014, 24 apparel companies have been reshored as against 41 companies of electronics including appliances and 26 computer and electronics firms” since the momentum for reshoring began from 2011, Mr Moser said.…

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CHINESE COMPANY RELEASES INVESTMENT PLANS FOR MAJOR ETHIOPIAN TEXTILE PLANT



Plans to build a major textile factory in Ethiopia are closer to being realised for Chinese textile company, Jiangsu Lianfa Textile Co. Ltd, after a pre-investment plan to construct the USD500 million factory was finalised this month (September). 

Its decision to invest in the Horn of Africa country comes after making investment assessments in Kenya, Uganda and Tanzania.…

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DOUBTS LOOM LARGE ON BRAZIL’S USD 3 BILLION PLAN TO REVAMP 270 REGIONAL AIRPORTS



Two years ago Brazil was so worried that its main airports would not be ready for the 2014 World Cup that its government froze plans to build and renovate 270 airfields nationwide. Now that the football fiesta is over and the concessions running key hubs has delivered good results, South America’s powerhouse looked set to start focusing on airports and airfields in smaller cities, especially those that are not state capitals.…

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BRUSSELS GIVES EXTRA FINDS TO AIRCOP AIRPORT ANTI-DRUGS PROJECT



THE EUROPEAN Commission has announced it will pay an additional EUR3 million to the Airport Communication Project (AIRCOP), financing its work to 2016. AIRCOP is run by the UN Office on Drugs and Crime (UNODC), the World Customs Organisation (WCO) and Interpol, and aims to strengthen anti-narcotic detection, interdiction and intelligence capacities in Africa, Latin America and the Caribbean. …

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FINGER VEIN SCANS TO BEAT ONLINE BANK ACCOUNT FRAUD



JAPANESE electronics giant Hitachi is partnering Barclays Bank to trial finger vein pattern scanning for Barclays’ UK business customers to access online accounts starting 2015.

The Barclays Biometric Reader, incorporating Hitachi VeinID technology, lets customers scan a finger to access accounts and authorise payments without needing a personal identification number (PINs), password or authentication code.…

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SPAIN ALLEGES GIBRALTAR IS NEST OF FINANCIAL IMPROPRIETY – BUT ‘THE ROCK’ SAYS IT IS CLEAN



Over the past few years, Spain’s government has regularly questioned whether Gibraltar’s excellent economic condition has more to do with money laundering, smuggling and tax evasion than good business practice. “The wealth that Gibraltar enjoys cannot continue to be based solely on an economy that is clearly damaging for our country and for the European Union,” said Spain’s minister for European affairs Íñigo Méndez de Vigo in an interview with the Spanish newspaper ABC in September 2013.…

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US TO FORMULATE SEPARATE INTERNATIONAL MARKETING STRATEGY FOR PORK



THE UNITED States is trying to come up with a tailor-made international marketing strategy to tap a bigger share of pork sales, now growing at an estimated 12% between 2013- 2018 globally, the country’s National Pork Board (NPB) vice president for strategic communication Kevin Waetke said.…

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CANADIAN AUTO SECTOR OPTIMISTIC ABOUT IMPACT OF EU TRADE DEAL



THE CANADIAN auto industry has welcomed the Comprehensive Economic and Trade Agreement (CETA) now negotiated between the European Union (EU) and Canada, but it may become more significant, if a trade deal is struck between the EU and the USA.

“The biggest issues with CETA, and what we’re excited about, is the removal of the EU 10% tariff,” said Jeffrey Pierce, policy analyst at Canadian Manufacturers and Exporters, an industry association, whose members include Canada-based automotive manufacturers.…

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PACKAGING SECURITY BECOMING INTELLIGENT, MULTI-FUNCTIONAL



AS TECHNOLOGICAL security features in cosmetics and personal care products packaging become increasingly sophisticated and harder to beat, they will offer more intelligent and multi-functional security. From authentication, to tracking and tracing products during distribution, and preventing and detecting tampering, these systems help brands access their global distribution network, ensuring products move smoothly from production to consumer.…

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FAST FASHION IN TRANSITION AS GLOBAL SOURCING DECISIONS ARE IN FLUX



Sourcing trends in fast fashion in Europe and north America are in flux, being affected by the economic downturn, changes in consumer behaviour and growing awareness of industry practices, especially in the wake of the Rana Plaza collapse in Bangladesh last year.…

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UNIQLO’S NEW OFFICE HIGHLIGHTS TEXTILE OPPORTUNITIES IN TURKEY



THE PRESIDENT of the Turkish Clothing Manufacturers’ Association (TCMA) has said plans by the Japanese fashion giant Uniqlo to open a production office in Turkey later this year are another indication of Turkey’s popularity as a textiles and clothing sourcing hub.…

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TAIWAN TAOYUAN INTERNATIONAL AIRPORT AWAITING AMBITIOUS UPGRADE



Taiwan’s main airport, Taiwan Taoyuan International Airport, is to undergo a major expansion, increasing its annual passenger capacity from 32 million to 60 million by 2030. Located halfway between the capital Taipei and the island’s industrial heartland along its western coast, the airport is planned to become the centerpiece of the government’s highly ambitious Taoyuan Aerotropolis project, which with an estimated investment of Taiwan New Dollar TWD600 billion (USD20 billion).…

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CAN THE NEW BRICS BANK PROMOTE INTERNATIONAL CONSTRUCTION PROJECTS IN CHINA, GLOBALLY?



A potential bonanza of new projects may be offered to Chinese construction companies following the set-up of a new development bank with lots of cash for infrastructure projects. This July marked the launch of the so-called ‘BRICS Bank’, a new multilateral development bank, operated by Brazil, Russia, India, China, and South Africa.…

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CHINA CONSTRUCTION FIRMS GROW OVERSEAS BUSINESS, BUT NEED TO UPGRADE SKILLS



Chinese construction firms have cornered plenty of business in Africa and Latin America, but they need upskilling to consolidate their position. Anyone who observes the queues of nervous young men lining up in the early morning in Beijing’s tree-lined Sanlitun diplomatic district will be in no doubt of the intensity of Chinese activity in Africa and Latin America.…

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CHINA LAUNCHES WTO APPEAL AGAINST RULING ON US PLANNED ALUMINIUM EXTRUSION DUTY



The Chinese government is fighting a rearguard action at the World Trade Organisation (WTO) against US plans to impose countervailing duties on exports to America of Chinese-made aluminium extrusions.

It has lodged an appeal against a WTO disputes settlement body (DSB) ruling that these US plans were partly justified under world trade rules.…

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FATCA INCREASES PRESSURE ON CARIBBEAN TO BOOST FINANCIAL TRANSPARENCY



Caribbean jurisdictions may be increasingly signing up to the requirements of America’s Foreign Account Tax Compliance Act (FATCA) but there is no great enthusiasm about it. Indeed, some bankers fear it could lead to a sharp fall in the region’s charms for investors.…

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BRAZIL PUBLISHERS AND BOOKSELLERS UNIT TO FIGHT AMAZON AT BOOK FAIR



Brazilian booksellers teamed up at São Paulo’s international book biennial from August 22 to 31 to lobby its government to help protect them against Amazon’s physical and e-book sales service, now serving South America’s largest economy.

Amazon launched its physical books service on August 21 with 150,000 titles available, the vast majority on Brazilian Portuguese.…

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AUSTRALIAN BEEF EXPORTS TO USA SURGE; GROWING HOPE FOR LAMB EXPORTS



THE USA is a key market for Australian beef and lamb exports and its importance is growing: Australia’s beef exports by volume to America shooting up by 53% in the first half of 2014, [calendar year] compared with the same period in 2013” making America its largest beef export destination so far, Meat & Livestock Australia chief economist Tim McRae told globalmeatnews.com.…

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VENEZUELAN STATE-RUN OIL PRODUCTION SLOWS



PRODUCTION at Venezuela state oil company Petróleos de Venezuela SA (PDVSA) has slumped under mounting financial pressures, building during the past 15 years when revenues have been tapped by its socialist government to fund social programmes, diplomatic initiatives and other non-commercial policies.…

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CAMBODIA’S NONWOVENS FUTURE MAY NEED TO FOCUS ON NONWOVENS CONVERTING



The manufacture of nonwovens surgical gowns are offering Cambodia’s nascent non-wovens sector hope for growth,  in one of the world’s toughest garment and fabric export businesses. The problem for smaller emerging market countries such as Cambodia, experts from international non-wovens industry associations told WTiN.com…

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US APPAREL PLM PROVIDER EXPANDS INTO ASIA



The investment arm of Hong Kong-based Li & Fung is investing in US-based Centric Software Inc, a provider of product lifecycle management (PLM) software to the apparel industry, helping Centric’s expansion into Asia. Centric announced yesterday (July 29) it has secured USD24 million in growth capital from financiers including Fung Capital USA – the investment arm of Hong Kong-based Fung Group, which includes Li & Fung.…

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FOOD PROCESSORS WARN OF DIFFICULT REGULATORY CHALLENGES IN FREE TRADE TALKS



European food manufacturers have welcomed progress on a transatlantic free trade deal at a meeting of negotiators and business leaders in Brussels but warned that American non-tariff barriers need scrapping to enable exporters to take full advantage of an agreement.
Speaking to officials and industry representatives at Wednesday’s (July 16) meeting, Roxane Feller, economic affairs director at trade association FoodDrinkEurope, said: “The United States is our top trading partner.…

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FRAUD INVESTIGATOR FACES TRIAL AS CHINA LIMITS CORPORATE INFORMATION



Many eyes will be on a court room in Shanghai on July 29 when a Chinese judge will decide the fate of one of the most prominent investigators of fraud in China. The trial of Peter Humphreys and his wife Yu Yingzheng follows a year’s imprisonment for the two, who founded ChinaWhys, a Shanghai and Hong Kong-based firm that performed due diligence, credit checks (as well as investigations of staff for possible kickbacks or embezzlement) for western corporations in China.…

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COSMETICS FIRMS INCREASINGLY INNOVATIVE WITH SUSTAINABLE PACKAGING SOLUTIONS



COSMETICS and personal care product companies are increasingly looking to eco-friendly packaging to deliver green marketing as well as practical cost-saving advantages. Producers are seeking to raise consumers’ awareness of environmentally-sensitive products by using packaging materials such as wood and decoration such as reusable ribbons and scarves; encouraging thrift by offering refillable fragrance bottles; and saving costs by using lighter packaging materials, that can also be flagged as sustainable on labelling.…

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MIDDLE EAST PERSONAL CARE PRODUCT SECTOR PUSHES AHEAD, DESPITE INSTABILITY



THE MIDDLE East cosmetics market is weathering the region’s current political and economic instability in the region. While the markets in the Levant are experiencing tough times, Gulf sales continue to grow. Retailers and manufacturers are also offsetting the losses incurred in depressed and unstable countries by exporting to burgeoning African markets.…

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INDIA FATTY ALCOHOL DUTY PLANS SPARK ARGUMENTS BETWEEN PRODUCERS AND USERS



INDIA’s new government may impose a 20% anti-dumping duty on saturated fatty alcohols from Indonesia, Malaysia and Thailand – an important raw material for shampoos and cosmetics. Administrative proceedings that may spark the creation of this tariff started in this February, before the May general election, which brought the current BJP administration to power.…

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LIQUID RESTRICTIONS LIBERALISATION IN AIRPORTS WELCOMED BY EUROPEAN RETAILERS



SIX months after new European Union (EU) rules came into force regarding air passengers carrying liquids, aerosols and gels (the trade acronym is LAGs) in hand luggage at EU airports, business seems to have improved for personal care product duty free retailers.…

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ACCOUNTING SYSTEMS STRENGTHENING IN CARIBBEAN AND LATIN AMERICA – BUT MORE WORK NEEDED



IN the 1970s and 1980s, the governments of Latin America and the Caribbean did not have a comprehensively robust reputation for sound financial management. Many Caribbean island states had newly emerged from colonialism, finding their way as independent countries. And many Latin American countries were riven by social discord, even civil war, with many under military rule.…

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JOHNSON & JOHNSON DEMONSTRATE GOOD PRACTICE IN PRAGUE SHARED SERVICE CENTRE



WHEN American personal care product giant Johnson & Johnson opened its shared-services centre in Prague during 2006, it employed 12 people and provided only in-group procure-to-pay services. Currently this Johnson & Johnson finance centre is the largest of the five centres the company operates worldwide in terms of staff numbers as well as the scope of services it provides to internal business partners.…

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LATIN AMERICA COSMETICS MARKET CONTINUES TO BOOM



Latin America’s cosmetics and personal care products sector has boomed as consumers take advantage of their rising disposable incomes. The region (including Mexico) accounted for 17% of global sales in the beauty and personal care industry, according to market analysts Euromonitor International in 2013. …

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THE CLOSED LOOP IS GETTING CLOSER



The concept of closed loop supply chains sounds a laudable, if possibly Utopian, ideal: a virtuous circle of production from cradle – not to grave – but back to cradle again.

Right now, no company comes near to claiming that its whole production process not only produces zero waste, but operates within a cycle of perpetual sustainability.…

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WHAT MODI GOVERNMENT MEANS TO TEXTILE SECTOR IN INDIA



When India’s new Prime Minister Narendra Modi swept the just-concluded general elections riding on the slogan in Hindi ‘achche din aane wale hain’ – which means good days are coming soon – Indian garment exporters agreed.

With Modi’s BJP (Bharatiya Janata Party) government assuming power on May 26, the new textile minister Santosh Kumar Gangwar’s statement that he wants to project ‘Brand India’ abroad and boost garment exports has given exporters confidence that government help will be offered.…

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EU INSISTS ON PED TESTS FOR LIVE PIGS IMPORTED FROM THE USA AND CANADA



LIVE pigs imported from the USA and Canada will henceforth be tested for porcine epidemic diarrhoea (PED) to prevent the disease being introduced to Europe from north America.

The controls have been approved by the European Union’s (EU) standing committee on the food chain and animal health (SCOFCAH).…

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NONWOVENS COMPANIES OFFER LIGHTWEIGHT DURABLE MATERIALS TO AUTOMOBILE MAKERS



Nonwovens are taking on an increasingly important role in creating more sustainable vehicles, particularly in interiors, offering lightweight materials reducing fuel usage, recyclability, and the use of green feedstocks such as plant and waste food material.

The US-based global Association of the Nonwoven Fabrics Industry (INDA) estimates there was about 560,000 tonnes of nonwovens in global automotive usage in 2013, said Dave Rousse, INDA’s president.…

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BEKAERT BOOSTS STEEL CORD MARKET-SHARE WITH PIRELLI ACQUISITION



Global steel transformation giant Bekaert is awaiting a European Commission decision on whether its plans to acquire Pirelli Tyre’s steel tyre cord business can go ahead. Bekaert expects a ruling this month (July) on the USD350 million deal to expand the company’s share of the global market from Brussels’ competition directorate general.…

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INDIA KNITTING TECHNOLOGY MISSION LOOKS TO BOOST SYNTHETIC KNIT EXPORTS



INDIA’S newly launched Knitting Technology Mission (KTM) project is primarily trying to diversify the country’s knitwear exports with a shift away from cotton to manmade fibre based knitted goods. The KTM committee chairman Dr A Sakthivel has hailed the project as a “platform to add value across the supply chain.”…

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BRAZIL’S CONFECTIONERY INDUSTRY FACES MIXED OUTLOOK AS WEALTH GROWS AND SPREADS



While Brazilians have been happy with the success of their FIFA World Cup party, the prospects of the country’s confectionery industry are rather more mixed.

Sales of sweet confectionery have been soft as consumers turn away from sugary snacks in favour of healthier snacks.…

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EU WANTS HARMONISATION OF COSMETIC STANDARDS, TEST METHODS WITH US



THE EUROPEAN Commission wants the see the European Union (EU) and the United States (US) recognise each other’s list of substances that can be used in cosmetic products, as well as the list of substances that cannot be used. This is according to a negotiating position that is being debated in Washington DC this week during the current round of negotiations for a transatlantic trade and investment partnership (TTIP).…

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WTO DEAL MIGHT GIVE PERSONAL CARE PRODUCTS HELPING HAND WITH EXPORTS – ESPECIALLY IN EMERGING MARKETS



A NEW agreement at the World Trade Organisation (WTO) to reduce many of the formalities facing exporters could give fresh impetus to cosmetics companies engaged in world trade, although some business leaders say it was only one of a number of problems they faced.…

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ERP SOFTWARE TRENDS



Global technology analysts Gartner Inc is well known for its articulated predictions. An announcement in January 2014 to accompany its report on ‘Predicts 2014: The Rise of the Postmodern ERP and Enterprise Applications World’, highlighted the complex, and at times conflicting scenario facing companies considering moving their enterprise resource planning (ERP) systems to the cloud.…

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EUROPEAN COMMISSION GIVES APPROVAL FOR MEAT PRESERVATIVE



The European Commission has approved the use of ethyl lauroyl arginate (E-243) as a preservative in most heat-treated meat products in the 28-country European Union (EU). But the Commission has retained a ban on its use in emulsified sausages, smoked sausages and liver paste.…

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LATIN AMERICAN PAINT SECTORS ENCOUNTER CONTRASTING FORTUNES



THE COUNTRIES of Latin America may have strong cultural links, but their politics and economies have always varied and this is still the case with the paint and coatings sector. Whilst the whole region has experienced rising incomes over the past decade, this growth has been far from even and is currently under threat – for instance in Venezuela and Argentina, where interventionist governments have impeded trade.…

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RESEARCHERS USE GENETIC MODIFICATION TO MAKE TREES EASIER TO PROCESS



NORTH American researchers have discovered a way to genetically engineer trees to make their wood easier to break down in industrial processing, requiring fewer chemicals and less energy to produce paper and biofuels. The project, a collaboration between researchers at Canada’s University of British Columbia (UBC) and the USA’s University of Wisconsin-Madison and Michigan State University, has potentially significant implications for the commercial use of wood by-products and how they relate to forestry management and the environment.…

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CONSUMER WIPES MAJOR NONWOVENS GROWTH AREA



GROWTH in the global nonwoven consumer wipes market is set to slow over the coming years, although a number of trends are encouraging brands and manufacturers in particular product segments such as baby wipes and anti-bacterial surface care products. Meanwhile, a growing range of innovations are emerging focused on producing flushable wipes.…

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SANCTIONED RUSSIA COULD DIVERT NON-FERROUS TRADES TO CHINA, BUT AGAINST AMERICAN AND EUROPEAN COMPETITION



Russia is well placed to export more nickel, aluminium, ferro-alloys, lead ores and zinc ores to China, should the US and European Union (EU) impose sanctions because of the Ukraine crisis.

With pro-Russian activists yesterday seizing another police station – in Horlivka, near Donetsk – and the Ukraine military now reacting – retaking the regional airport in Kramatorsk, tensions are rising. …

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CHINA READMITS POULTRY AND PORK IMPORTS FROM CHILE



CHINA has announced that it will re-admit pork and poultry imports from Chile, having suspended them last July (2013) over concerns about dioxin contamination.

China’s General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) has however posted a statement insisting that importers submit animal health documents and no–doxin-contamination test reports from Chile’s Agricultural and Livestock Service (SAG).…

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TECHNOLOGY CAN HELP COMPANIES MAKE SOURCING SHIFTS



Apparel and textile companies must consider a variety of complex factors when looking to switch suppliers, especially to a new manufacturer, such as assessing the risk of delivery delays and receiving products of poor quality.

Software specifically geared towards apparel and textile production can now help companies track these changes, anticipate issues caused by the shift, and help integrate new suppliers within the supply chain, while tracking their progress.…

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MUSK OX KNITWEAR DEVELOPS WARM AND LIGHT FIBRE FROM EXOTIC ARCTIC WILDLIFE



ONE of the warmest fibres used in knitwear across the world is also – unsurprisingly – one of the rarest and most expensive, making the manufacturing of ‘qiviuk’ garments from musk ox wool a true art. Harvested from the soft underfur of this High Arctic musk ox, qiviuk fibre is long, does not shrink when washed and lacks the scales that makes sheep wool itchy.…

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AMERICAN COTTON SECTOR DISPUTES THAT IT IS LOSING OUT AGAINST SYNTHETICS



Cotton’s share of the American clothing market has fallen following the sharp rise in cotton prices in 2012 but the industry is fighting back. The US International Trade Administration says that American clothing traders imported 12.29 billion square-metres worth of cotton apparel last year (2013) compared to 12.04 billion square metre’s worth of clothes made with artificial fibres.…

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FASHION SUMMIT CALLS FOR TRANSPARENCY TO BOOST SUSTAINABILITY



A more sustainable fashion industry requires complete transparency and control over every aspect of production. That was the message at the third biennial Copenhagen Fashion Summit, held last Thursday (April 24) in the Danish capital. More than 1,100 participants convened at the Copenhagen Opera House, with 23 speakers focusing on consumer behaviour, recycling and CO2-emissions, all to guide the fashion industry down a more sustainable path.…

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COMPLEX US-DUTCH ATC COOPERATION DEAL COULD DELIVER REAL SAFETY BENEFITS TO CARIBBEAN AIRSPACE



A NEW agreement between the United States and the Netherlands that came into force in February will facilitate cooperation in civil aviation safety between US- and Dutch-controlled air space in the Caribbean. With this umbrella agreement in place, the USA’s Federal Aviation Administration (FAA), Netherlands aviation authorities, Dutch and American air navigation service providers are now looking at how they can coordinate air traffic controls within American and Dutch jurisdictions.…

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LATIN AMERICA AND ESPECIALLY ARGENTINA TRAILS DIGITAL PUBLISHING TRANSFORMATION



The e-book market in Latin America is trailing far behind those in Europe and the United States, frustrating editors gathered at the 40th Buenos Aires International Book Fair – ‘Feria del Libro de Buenos Aires’ (April 24 to May 12).

In Argentina, where publishers and readers seem reluctant to abandon print, the e-book market has remained stagnant over the past year.…

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MAKER OF SWISS ARMY KNIFE SHOWS PARALLEL QUALITY IN CLOTHING LINE



The corporate logo of a white cross on a red shield is instantly and unmistakably the mark of every adventurous schoolboy’s favourite gadget. But while Victorinox is renowned for its Swiss Army Knives, it is now bringing the same commitment of quality to ranges of functional and fashionable clothing that make the most of innovative materials.…

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CANADIAN AUTO SECTOR FEARS INCREASE IN SOUTH KOREAN IMPORTS AFTER TRADE DEAL SEALED



A TRADE agreement struck between Canada and South Korea this week (Tuesday March 11) has raised fears in the Canadian automobile about a potential increase in South Korean automotive exports.

Upon the agreement’s ratification (which may happen within a year), South Korea will remove all existing tariffs, including on all passenger cars and light trucks (8%) and all automotive parts (3% to 8%) exported from Canada.…

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REGULATORY ROUND UP - FOODDRINKEUROPE WARY OF TECHNICAL TRADE BARRIERS IN TTIP TALKS



REPRESENTATIVES from Europe’s food and drinks industry have backed an “ambitious and comprehensive” Transatlantic Trade and Investment Partnership (TTIP) between the European Union (EU) and the USA However, they have asked negotiators to find creative ways to deal with technical trade barriers restricting EU-US food and drink commerce, including sanitary and phytosanitary rules.…

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NATURAL COSMETICS GROW FROM LOW BASE AND MAY GET HELP BY INCREASING DEMAND FOR HALAL PRODUCTS



NATURAL and ‘halal’ cosmetics are making gradual inroads into the lucrative Gulf markets, which have some of the highest spending per capita on fragrances and cosmetics in the world. A handful of local companies and distributors are springing up to cater to the growing trend for natural or organic cosmetics, while the development of the ‘halal’ sector is actively being pushed by the Dubai government, in the United Arab Emirates (UAE).…

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GREY DOLLAR EMERGES AS A FORCE IN AMERICAN PERSONAL CARE PRODUCT MARKETS



PRODUCERS of anti-ageing and extra moisturising products in the United States are benefitting as the national population ages. “People are living longer…it’s good for business…they are buying products longer in their lives,” said Jeffrey Light, president of Aroma Naturals, California, which in March 2014 launched its ‘Amazing 30’ range of care products for skin types including old age.…

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CHINA, KOREA AND JAPAN FACE SIMILAR CHALLENGES IN MARINE COATINGS SECTOR



THREE of the world’s biggest marine coatings markets – China, South Korea and Japan – have a lot in common even though they face diverse market conditions across Asia, according to market analysts. China’s shipyards will power growth in the Asia-Pacific marine coatings market, but it is the major international coatings companies and their China-based joint ventures that remain in prime position to benefit, according to new research from consultancy Frost & Sullivan.  …

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WOUNDCARE NONWOVENS DEMAND GROWS WORLDWIDE



THE USE of nonwovens manufacturing technology to make woundcare products has always been a key part of the nonwovens sector, but increasingly one of its fastest-growing global niches is medical single-use disposables. This is partly due to legislative changes in the US; partly to hopes for fast track, permanent elimination of the European Union’s (EU) 4.3% import tariff on America nonwovens; and partly to catch-up usage in Asia, and to a lesser extent Europe, where the supplanting of long-established re-use practices appears to have barely begun.…

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COLOMBIA BOOSTS ITS INTERNATIONAL AML REPUTATION



Colombia has perhaps the strongest reputation in Latin America for playing host to powerful illicit drug cartels and their related money laundering. As a result, it is perhaps reassuring that over the past three years, the Colombian government, through the country’s Attorney General’s Office, seized between USD1 billion and USD1.2 billion, according Luis Edmundo Suárez, Colombia’s Unidad de Información y Análisis Financiero – financial information and analysis unit (UIAF).…

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NON-FERROUS METAL TRADE WOULD SUFFER IF US AND EU IMPOSED MAJOR SANCTIONS ON RUSSIA



The impact of any American and European Union (EU) sanctions on the non-ferrous metal trade with Russia could be significant, although US and EU industry associations contacted by Metal Bulletin are thus far refusing to comment on the potential consequences.

The EU and the US last week (Wednesday March 26) agreed in Brussels to work on the imposition of sanctions against Russia and with Russian nationalist activists occupying civic buildings in eastern Ukraine, the diplomatic stakes are again rising.…

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NICARAGUA RAISES FOOT-AND-MOUTH ALARM OVER US LIFTING BRAZIL BEEF IMPORT BAN



THE NICARAGUAN government has raised fears that the planned reopening of the US market to Brazilian beef could risk spreading foot-and-mouth disease (FMD) to north and central America. Its representatives spoke out at a meeting this week (Thursday March 26) of the World Trade Organisation’s (WTO) sanitary and phytosanitary committee, in Geneva.…

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CANADIAN MEAT EXPORTERS WELCOME SOUTH KOREA TRADE DEAL



CANADIAN meat exporters have welcomed a Canada-South Korea free trade agreement announced yesterday (March 11), saying it will boost trade and help them compete for sales in South Korea’s often wealthy markets.

“The absence of an FTA [free trade agreement] with Korea was causing substantial and growing prejudice to the Canadian pork industry due to the tariff rates since all of our key competitors in South Korea have FTAs in place,” said Jean-Guy Vincent, chair of the Canadian Pork Council.…

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DEVELOPING ASIAN NURSING PROFESSION WOULD BENEFIT FROM BRITISH EXPERTISE, CONFERENCE TOLD



Changes in the way in which healthcare is delivered across Asia mean there are challenges but also opportunities for a new generation of nurses, with experts calling for organisations such as the Royal College of Nursing to better assist and support the sector in developing nations.…

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NORDIC NONWOVENS REPORT FEATURE



NORDIC nonwoven companies Suominen, Ahlstrom and Fibertex are fast emerging from the post-2008 economic downturn fitter and leaner. This follows five years of cost-cutting and market re-alignment projects that included unit divestments, strategic acquisitions, and increased use of automation to reduce costs and strengthen profitability.…

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INTERNATIONAL OLIVE OIL AGREEMENT NEGOTIATIONS FOCUS ON NEW MEMBERS, STANDARDS



 

NEGOTIATIONS for a renewed International Agreement on Olive Oil are intensifying in Madrid. The agreement runs out at the end of this year and its member jurisdictions, of which the European Union (EU) is the biggest, are working to forge a new agreement by December.…

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EU WILL HAVE TO MAKE SOME CONCESSIONS ON MEAT IN NEGOTIATIONS WITH US, SAYS BRUSSELS OFFICIAL



 

THE EUROPEAN Union (EU) will have to make concessions on meat in its negotiations with the US for a Transatlantic Trade and Investment Partnership (TTIP), a senior European Commission official warned last night (Tuesday). John Clarke, director for international affairs at the European Commission’s directorate general (DG) for agriculture said: “We will have to reduce our tariffs in areas like meat.”…

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EU AND BRAZIL INTENSIFY MEAT AND LIVESTOCK HEALTH CONTROL COOPERATION



THE EUROPEAN Union (EU) and Brazil are to boost their cooperation over health controls in their trade in meat and livestock, said a joint communiqué released after a summit meeting in Brussels. Both sides said they would boost “longstanding bilateral relations” and “raise the level of communication, cooperation and engagement to solve sanitary and phytosanitary issues in line with the principles, regulations, rights and obligations” set out by the World Trade Organisation (WTO).…

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UN SAYS ASIA AND AFRICA TRADE IN FAKE MEDICINES SALES TO WORTH USD5 BILLION



THE UNITED Nations Office on Drugs and Crime (UNODC) has launched a campaign raising awareness about organised crime and counterfeit goods, with a significant focus on fake medicines. Called ‘Counterfeit: Don’t buy into organised crime’, its aim making consumers less likely to buy fakes.…

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EU ROUND UP - PAINTS AND COATINGS FIRM MAY NEED SPECIAL PERMISSION TO USE COMMON INGREDIENT IN THE EU



PAINT and coatings companies working in the European Union (EU) are expected to require special permission to use a significant ingredient after the European Chemicals Agency (ECHA) decided it should be subject to the REACH system’s ‘authorisation’ procedure.

This highlights certain chemicals deemed of very high environmental health concern and which are used in large volumes.…

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PHILIPPINES SEEK ALTERNATIVE TO SAVE ACT



The Philippine garment industry says it will relaunch its lobbying efforts to push a law through the US Congress giving it privileged access to American markets, after the shelving of the long anticipated proposed America’s Save Our Industries Act (SAVE Act).…

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GLOBAL FACTORY SAFETY STANDARDS REMAIN INCONSISTENT



 

Clothing and textile industry disasters in the past year-and-a-half including fires and building collapses at factories in countries including Bangladesh and Pakistan have pushed companies to expand their definition of ‘safe’ suppliers to include more ethical and social standards. Yet, despite, brands’ desire to monitor more operations, the fragmented organisation of standards around the world remains a key challenge.…

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FACTORY AUDITING SOFTWARE HELPS BOOST SUPPLY CHAIN SAFETY



With the need for checking the safety of supply chains being a growing concern, software providers are updating their products to help apparel and textile companies monitor their manufacturing and distribution partners. The technology helps brands organise their supplies, as they become increasingly involved in ensuring outsourcer factories are safe and compliant with national and international standards.…

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COOPERATION THE KEY TO FIGHTING CYBERCRIME, AS ATTACK NUMBERS MOUNT



GREATER international and government-industry collaboration is taking the fight to cyber criminals who exploit security weaknesses in IT systems. Just as well: cyber security has rocketed up the league table of chief executive officers’ concerns as lurid examples of cybercrime become almost a weekly media event.…

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CHINA’S SMALLER CITIES OFFER COSMETICS SALES GROWTH



Personal care product multinationals have long been known for their eagerness to invest in China, even during the recent global recession. That is why the decision by two renowned PCP companies to retreat from China in the past month is so remarkable.…

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LABELLING AND FINISHING SEAMLESSLY INTEGRATE WITH PACKAGING TO LURE CONSUMERS



THE BEST packaging always seems to be an integral part of a product – indeed for personal care product consumers, the appearance of a container can be why they make a purchase. So for brands, making packaging decorations and finishing seem to melt into a product can be or critical importance.…

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NEW JAPAN FUND WILL PROMOTE TROPICAL MEDICINE DEVELOPMENT



THE JAPANESE pharma sector may have previously lagged behind its counterparts in Europe and north America helping the very poorest people in the developing world, but the enthusiasm with which five of Japan’s biggest pharmaceutical companies have embraced the Global Health Innovative Technology (GHIT) Fund indicates a sea change in policy.…

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COSTA RICA PIGMEAT SECTOR WELCOMES JAPANESE SWINE FEVER DECLARATION



COSTA Rica’s pork sector has welcomed Japan’s declaration that the central American country is free of Classical Swine Fever (CSF), opening the doors to its pigmeat exporters to tap the lucrative Japanese market. “The pork industry is very important for the country and our goal is for national production to increase and strengthen,” said Doctor Silvia Niño Villamizar, a member of the regulation department of the Animal Products Safety Directorate (DIPOA) for Costa Rica’s National Animal Health Service (SENASA). …

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ALUMINA SUPPLIERS PAY OUT USD384 MILLION IN BRIBERY CASE



US-based Alcoa World Alumina LLC (AWA) and its majority-owner Alcoa Inc (Alcoa), the global alumina sales company, are to pay a total of USD384 million in penalties after AWA admitted funnelling bribes to officials in Bahrain.

In 2004, an Alcoa company corruptly won a supply agreement with Bahraini government-controlled smelter Aluminium Bahrain BSC by agreeing to sell alumina ore through offshore shell companies owned by a sham London-based distributor who marked up the sales price by around USD188 million.…

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BRAZIL CAR TARIFFS HAVE CURBED CAR IMPORTS, TAKEN RESEARCH JOBS AWAY, SAYS EU OFFICIAL



BRAZIL’S taxes on imported products, meant to encourage domestic production, has curbed imports of motor vehicles from the European Union (EU) and in some cases even moved research and engineering jobs from Europe to Brazil, an EU official has told wardsauto.com.  …

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BRAZIL TO HOST TEXTILE FAIRS FEATURING INNOVATIONS, LATEST TRENDS



 

BRAZIL-based textile industry conferences in 2014 will focus on innovation, with the country’s fabric sector seeking to trade up to higher end products.

Fairs such as Première Vision, have been growing in size. The bi-annual event was staged this month in São Paulo from January 21-22, with a follow up meeting from November 4 to 5.…

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ALUMINA SUPPLIERS PAY OUT USD384 MILLION IN BRIBERY CASE



BY KITTY SO

 

US-based Alcoa World Alumina LLC (AWA) and its majority-owner Alcoa Inc (Alcoa), the global alumina sales company, are to pay a total of USD384 million in penalties after AWA admitted funnelling bribes to officials in Bahrain.

In 2004, an Alcoa company corruptly won a supply agreement with Bahraini government-controlled smelter Aluminium Bahrain BSC by agreeing to sell alumina ore through offshore shell companies owned by a sham London-based distributor who marked up the sales price by around USD188 million.…

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SWISS BANKING SECRECY: RIDDLED WITH HOLES



FOR years, Switzerland’s success as a global financial center has rested upon the rock-solid foundation of banking secrecy, a guarantee of discretion as solid at the Matterhorn.  The Swiss proudly declared banking secrecy to be part of the country’s DNA, a practice formally established in the 1930s when Nazi Germany was on the rise and which helped shield individuals against abusive states. …

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WTO TRADE FACILITATION DEAL MIGHT SHAKE UP GLOBAL AUTO SECTOR, SAYS EXPERT



THE AGREEMENT by the World Trade Organisation (WTO) to reduce import-export red tape may lead to a seismic shift in the global automotive sector, an industry expert has told wardsauto.

Peter Cooke, the emeritus professor of automotive management at Britain’s University of Buckingham, said that major emerging markets without a substantial auto sector may create capacity because of the deal.…

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LATIN AMERICA HIGHER EDUCATION STRUGGLES TO INTERNATIONALISE – HEARS KEY CONFERENCE



AN INTERNATIONAL higher education conference has underlined the major progress made in building links between the universities of neighbouring countries in Latin America. But it also highlighted the significant remaining challenges facing Latin American higher education if it wants to be truly integrated with tertiary institutions worldwide.…

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EUROFER WELCOMES WTO TRADE FACILITATION DEAL - UK STEEL DOUBTS ITS SHORT-TERM IMPACT



The European steel association Eurofer has welcomed the striking of the new global trade deal by the World Trade Organisation (WTO) which should ease import and customs procedures that can slow the delivery of steel and steel products to export customers.…

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CANADIAN AND EU EXPORTS COULD SEE SLIGHT TRADE GROWTH, MORE HARMONISED REGULATORY PROCESSES FROM CANADA-EU TRADE AGREEMENT



WITH Canada and the European Union (EU) fleshing out details of a Comprehensive Economic and Trade Agreement (CETA), announced in October, paints and coatings trade between the two could experience long-term growth thorough the removal of key trade barriers – both tariff and regulatory measures.…

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BRAZIL'S PAINT AND COATINGS SECTOR BOOMS IN PREPARATION FOR WORLD CUP, OLYMPICS



BRAZIL will host not only the 2014 FIFA World Cup, but also the 2016 summer Olympic Games, and the resulting significant infrastructure projects are boosting its paint and coatings industry. “These events are having a very positive effect on the Brazilian paint and coatings industry,” said Fabio Humberg, spokesperson for the Brazilian Coatings Manufacturers Association (ABRAFATI).…

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CANADIAN AND EU EXPORTS COULD SEE SLIGHT TRADE GROWTH, MORE HARMONISED REGULATORY PROCESSES FROM CANADA-EU TRADE AGREEMENT



WITH Canada and the European Union (EU) fleshing out details of a Comprehensive Economic and Trade Agreement (CETA), announced in October, paints and coatings trade between the two could experience long-term growth thorough the removal of key trade barriers – both tariff and regulatory measures.…

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BRAZIL'S PAINT AND COATINGS SECTOR BOOMS IN PREPARATION FOR WORLD CUP, OLYMPICS



BRAZIL will host not only the 2014 FIFA World Cup, but also the 2016 summer Olympic Games, and the resulting significant infrastructure projects are boosting its paint and coatings industry. “These events are having a very positive effect on the Brazilian paint and coatings industry,” said Fabio Humberg, spokesperson for the Brazilian Coatings Manufacturers Association (ABRAFATI).…

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GREENING MEASURES IN THE NEW EU AGRICULTURAL POLICY TO IMPACT BIOFUEL CROPS



EVEN if the heated political debate over the reform of the European Union’s (EU) common agricultural policy (CAP) has cooled off in Brussels after the final agreement reached in September, the European Commission is still thrashing out the practical rules on how the policy will be implemented.…

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BENEFICIAL OWNERSHIP RULES INCREASINGLY TIGHT WORLDWIDE



IT has not happened yet but the outlook for effective world-wide action to expose the beneficial ownership of shell companies and other kinds of suspect corporate vehicles is probably better today than it has been for many years, perhaps ever. That’s the word from Robert Palmer of Global Witness, the campaign group which has played a leading part in pressing for action on the matter.…

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COLD CHAIN MANDATES DRIVE RFID UPTAKE IN ASIAN PHARMA SUPPLY CHAINS



INCREASINGLY stringent regulations governing the cold chain transport of medicines for human use are tipped to become a major driver for the uptake of radio frequency identification (RFID) technology by pharmaceutical suppliers in the Asia-Pacific region.

According to a recent report published by industry analysts Frost & Sullivan, America and Europe currently divide the biggest slice of market share in the global market for cold chain RFID.…

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REVIEW OF 2013 CLOTHING AND TEXTILE SECTOR



WINNERS AND LOSERS

 

RETAIL

 

WINNERS

 

ASOS

 

Fashion retailer ASOS showed online convenience and price are still a winning combination with shoppers. The UK-based online retailer continued its impressive trajectory this year, announcing pre-tax profit had reached GBP54.7m (US$88.3m) for the year ending 31 August, compared to GBP40m in the same period of last year, with retail sales jumping 40% to GBP753.8m, up from GBP537.9m last year. …

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PASSENGER AND CABIN LUGGAGE SCREENING EVOLVE



REGULATORY change, shifting security risks, technical advances and airport operational requirements present a complex landscape for developing passenger and cabin luggage screening.

For example, the European Civil Aviation Conference’s (ECAC) detection standard 1 is the prevailing regime but the ECAC standard 2 becomes mandatory for European Union (EU) airports after 2019.…

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WTO TRADE FACILITATION DEAL MIGHT SHAKE UP GLOBAL AUTO SECTOR, SAYS EXPERT



THE AGREEMENT by the World Trade Organisation (WTO) to reduce import-export red tape may lead to a seismic shift in the global automotive sector, an industry expert has told wardsauto.

Peter Cooke, the emeritus professor of automotive management at Britain’s University of Buckingham, said that major emerging markets without a substantial auto sector may create capacity because of the deal.…

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WATCHDOGS GIRD THEIR LOINS OVER VIRTUAL MONEY



THE EXPLOITATION of virtual currencies such as Bitcoin, Litecoin, Peercoin and Namecoin, to name but a few, by money launderers is an emerging concern amongst anti-money laundering (AML) regulators. They may not be legal tender, but they are convertible if owners can find institutions or people willing to turn them into fiat currency.…

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LATIN AMERICA HIGHER EDUCATION STRUGGLES TO INTERNATIONALISE – HEARS KEY CONFERENCE



AN INTERNATIONAL higher education conference has underlined the major progress made in building links between the universities of neighbouring countries in Latin America. But it also highlighted the significant remaining challenges facing Latin American higher education if it wants to be truly integrated with tertiary institutions worldwide.…

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RECOGNITION OF QUALIFICATIONS DIFFICULT IN EU-US TRADE NEGOTIATIONS



International trade agreements might seem of little importance to the world of nursing – think again. The European Union (EU) has recently struck a comprehensive deal with Canada and is negotiating one with the USA that goes far beyond the usual scope of reducing tariffs on goods.…

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DIET CHANGES, ANIMAL FEED DEMAND DRIVE CHINA’S HUNGER FOR PALM, SOY



THOSE who have spent some time walking Chinese supermarket aisles in the past decade will have noticed astonishing changes in the local diet. Increased sales of dairy products and meat are driving demand for soy as an animal feed ingredient, and demand for higher-end consumer products such as ice cream, and confectionery are increasing palm oil requirements.…

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WILMAR STILL EXPLOITS CHINA-WIDE SUPPLY CHAIN, BUT SOY COULD BE A PROBLEM MARKET



THERE are few brands as recognisable to Chinese consumers as the ‘Golden Dragon Fish’, the ‘Jin Long Yu’ in Mandarin, which adorns the tubs of cooking oil and bags of flour and rice in supermarkets across the country. The brand is owned by Singapore-based conglomerate Wilmar, a one-time trading house which has come to increasingly invest in downstream and upstream elements of the oil palm and soy industries.…

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FROM WELLHEAD TO PETROL PUMP: RESEARCH DRIVES ENERGY EFFICIENCY WITHIN THE PETROLEUM INDUSTRY



THE SIGHT of wind turbines in an offshore oilfield is nothing new. Operators in the Gulf of Mexico have for years used small wind turbines on oil and gas installations to power SCADA (supervisory control and data acquisition) computerised systems to keep fields operating.…

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TRADE GROUP REBRANDING REFLECTS CHANGING US INDUSTRY, AS BIG TRADE DEALS MOVE AHEAD



THE RECENTLY rebranded United States Fashion Industry Association (USFIA) has re-launched itself at its annual meeting in New York, amidst predictions that the Trans-Pacific Partnership free trade agreement should be completed in early 2014.

Julia Hughes, the president of USFIA, and head of its predecessor the United States Association of Importers of Textiles and Apparel (USA-ITA) told the November 6 meeting: “We are definitely much further along in the TPP negotiations, but we think it’s likely to take into next year to really wrap it all up,” she said.…

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EMA ANTIMICROBIAL RESISTANCE WORKSHOP DISCUSSES REDUCING ANTIBIOTIC USE, MAKING SMARTER DRUGS



ACCORDING to the World Health Organisation (WHO), the largest single health threat to the population of the world today is antimicrobial resistance (AMR). How can it be countered and what options are open to government regulators, the medical profession and, especially, the pharmaceutical companies for the development of new antibiotics?…

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COLOMBIA'S PHARMACEUTICAL SECTOR GROWTH THREATENED BY PRICE CONTROLS



ALTHOUGH Colombia’s pharmaceutical sector has enjoyed growth over the past few years, new price controls could disrupt the sector’s expansion if they are poorly planned, industry representatives claim.

Their concerns focus on the reaction to maximum price controls on medication recently approved by the government.…

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SUB-SAHARAN AFRICAN PERSONAL CARE MARKET GROWS AS WEALTH SPREADS



SUB-SAHARAN African makers of cosmetics and personal care products are profiting from a growing and increasingly stable regional market, where economic growth is increasing demand for personal luxuries.

A report, ‘Business in Africa – Corporate Insights’ by Dianna Games, Standard Bank South Africa estimates that more than half of Africa’s population would be living in urban areas by 2030 and 60% by 2050, when the population would be about 2.4 billion, compared to 1 billion now.…

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BANK CUSTOMERS START TO BE ENLISTED IN FIGHT AGAINST FRAUD



CORPORATE and personal banking customers may well feel more than a tad uneasy if their bank suddenly asks them to scan accounts for evidence of fraud but it is happening more and more in America and appears to be paying off.…

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MIXING TECHNOLOGY MAKES INCREMENTAL INNOVATIONS – KEEPING CORE PRINCIPLES INTACT



PRODUCERS of confectionery mixing machinery around the world continue to improve their machines, but generally opt for incremental improvements in sanitation and multi-purpose functions rather than creating entire new products.

Dutch confectionery equipment producer Tanis Confectionery, plans to unveil new mixing technology at Germany’s Interpack processes and packaging trade fair in May, Leo Tanis, CEO of Tanis Confectionery told Confectionery Production.…

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US CONFECTIONERY SECTOR PLAYS OFF PACKAGING RECYCLABILITY WITH BETTER PROTECTION AND DESIGN



Many confectionery manufacturers in the United States continue to make strides in sustainable packaging, focusing on reducing inputs and using more recyclable materials. However, ice cream manufacturers have prioritised cost savings and consumer trends in the past few years over eco-friendly features, stagnating innovation in sustainable ice cream packaging.…

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SRI LANKA INCHES CLOSER TO ‘REGIONAL HUB’ DREAM



AN INTERNATIONAL clothing and textile conference has heard how the growing retail market in the Asia-Pacific region may enable emerging economies such as Sri Lanka to realise ambitious dreams to become regional production hubs.

Kurt Cavano – founder/vice chairman & chief strategy officer of cloud computing company GT Nexus addressing the South Asian Apparel Leadership Forum, held in Colombo on October 12, noted: “The top six retailers that are growing are not in North America, it is in the Asia Pacific.…

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INNOVATION WIDENS SOURCES OF MATERIALS FOR FIBRE MANUFACTURING



Any market and industry benefits from supply diversification, so major textile and clothing companies can take heart from continued innovation amongst fibre and fabric producers over sourcing. This extends, for instance, to sourcing material from unusual places such as milk and fishing nets, while creating more opportunities for traditional sources such as flax.…

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BUENOS AIRES INTERNATIONAL AIRPORT EXPANDS – BUT IS THERE ENOUGH CAPACITY?



THE NEW terminal at the principal international airport in the Argentine capital of Buenos Aires, Ministro Pistarini International, was inaugurated in March, increasing its total capacity to 13 million passengers – last year (2012) it struggled to accommodate 8.8 million passengers.…

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SPORTSWEAR INNOVATORS SEEK HIGH PERFORMANCE ERGONOMIC DESIGNS THAT STAY WITHIN THE RULES



HIGH tech innovators in sportswear and outdoor equipment are developing fabrics and garments that do more and perform better, from health monitoring to slowing the effects of aging. Many inventions spring from unlikely source materials, for instance waste milk. And for sports, manufacturers have to be especially clever – ensuring their innovations avoid creating uncompetitive advantages that break sporting rules.…

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MANAGED SERVICES FOR OSS AND BSS ARE ON THE UP



COMMUNICATIONS service providers (CSP) look increasingly to managed services for their operational support system (OSS) and base system substation (BSS) applications.

“One reason is that CSPs and operators are gaining confidence in the managed services model,” according to Matt Hooper, chief marketing officer at Warrington, UK-based MDS, a leading technology and services company in this space.…

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COAL HOLDS ITS OWN – SHOULD OUTLAST OIL AND GAS



COAL might be regarded as the oldest energy source going, but it is still currently the world’s largest long-term source of electricity. It fuels around 40% of global electricity production, according to the UK-based World Energy Council, a United Nations (UN) accredited body representing some 3,000 private and public-sector member organisations across 90 nations.…

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INTERNATIONAL BUYERS BUOY LIBER 2013



DIGITAL innovation and exports dominated discussion at the 31st edition of Liber 2013, Spain’s leading book fair, which ended on Sunday (October 6) in Madrid after drawing 10,000 visitors, compared with 6,000 last year in Barcelona.

And while 450 exhibitors and 300-plus international buyers almost universally framed their comments in terms of recession, robust overseas sales and advances in e-publishing made for a slightly more positive mood than last year.…

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BUENOS AIRES INTERNATIONAL AIRPORT EXPANDS – BUT IS THERE ENOUGH CAPACITY?



THE NEW terminal at the principal international airport in the Argentine capital of Buenos Aires, Ministro Pistarini International, was inaugurated in March, increasing its total capacity to 13 million passengers – last year (2012) it struggled to accommodate 8.8 million passengers.…

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BRAZILIAN AIRPORT EXPANSION MOVES AHEAD AS WORLD CUP LOOMS



ACCORDING to World Bank data on Brazil, air transport measured in passengers carried jumped from 32.3 million in 2003 to 94.6 million passengers in 2012. And airport infrastructure has failed to keep up with this rapid growth in demand. Adding the extra 600,000 tourists which the Brazilian Institute of Tourism expects to visit the country during the 2014 FIFA World Cup and Brazil’s creaking airports could struggle to cope.…

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DESPITE COMPLIANCE ISSUES, BANGLADESH REMAINS NUMBER ONE ALTERNATIVE: MCKINSEY



A PARTNER at advisors McKinsey has argued that Bangladesh’s advantages in low cost and convenience for brands will ensure its clothing and textile sector keeps growing, despite the Rana Plaza disaster.

Dr Achim Berg led a study released at last week’s World Fashion Convention, Shanghai, which concluded that about 72% of the total 29 chief purchasing officers (CPO) surveyed are planning to move orders from China to other Asian countries in the next five years, although China will still remain as the largest sourcing market.…

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POINTCARRÉ 5.0 PUSHES THE ENVELOPE ON C.A.D.



SOFTWARE solutions specifically designed for the knitwear industry can save time and money while moving products from design to production more quickly.

Paris headquartered Pointcarré International is a leader in computer aided design (CAD), its innovative Pointcarré knit software and its various modules being used by major brands such as Ralph Lauren, Hot Sox, K.…

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BRUSSELS APPROVES BRAZIL-BASED INTERNATIONAL MEAT COMPANY EXPANSION



A SIGNIFICANT set of acquisitions by Brazilian meat major JBS has been given European Union (EU) regulatory approval by the European Commission. Acting as Europe’s international competition regulator, the Commission approved JBS’ purchase from Brazilian food processor Marfrig Alimentos of Netherlands-based Columbus Netherlands BV also known as Zenda) and six Brazilian-based companies that together form the Seara group.…

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EDIBLE PACKAGING REACHES MASS MARKET, HOLDS POTENTIAL FOR CONFECTIONERY PRODUCTION



THE CONFECTIONERY sector has long been interested in edible packaging – the use of rice paper to contain sherbet being a classic example – but food technology companies are innovating hard to allow companies to boast their products generate no packaging waste.…

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COMPANIES FALL SHORT ON CORRUPTION SAFEGUARDS



SEPTEMBER 12, 2013: MULTINATIONAL companies are less worried about the risk of having to pay bribes to ‘buy business’ than they are about lower level corruption affecting their routine operations. Despite concern, only half of them have safeguards in place.

These findings in a new survey from global risk consultancy Control Risks and the Economist Intelligence Unit are at odds with international enforcement efforts focused on “classic” corruption, i.e.…

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WYETH PAYS USD490 MILLION TO RESOLVE CRIMINAL AND CIVIL LIABILITIES OVER IMMUNOSUPPRESIVE DRUG



PFIZER-owned Wyeth Pharmaceuticals Inc has agreed to pay USD490.9 million to resolve criminal and civil liability claims from its unlawful marketing of the prescription immunosuppressant drug Rapamune, the USA’s justice department has announced. It claims that Wyeth marketed the medicine in America for uses beyond those approved by the US Food and Drug Administration (FDA).…

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BRUSSELS APPROVES TAKEOVER OF LUXEMBOURG-BASED METALLUM



The European Commission has today (Friday August 23) approved the acquisition of Luxembourg-based non-ferrous metal company Metallum Holding by American private equity investment firm TowerBrook Capital. The Commission, acting as the European Union’s (EU) senior competition regulator, waved the deal through as using a fast track procedure.…

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COVERING THE RISK OF DEEPWATER EXPLORATION AND PRODUCTION



THE INSURANCE risks involved in oil and gas exploration and production (E&P) are rising in line with growing industry complexity and the move into deeper, remoter and more environmentally sensitive environments.

This is placing ever greater demands on the need to identify, quantify and insure against risk, particularly when the financial and reputational repercussions of getting it wrong are escalating too.…

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DEMAND GROWS FOR TECHNICAL TEXTILES IN BRAZIL



BRAZIL is an innovative technical textile producer, declares a report from a senior São Paulo’s business school the Getúlio Vargas Foundation (FGV), despite the sector experiencing teething problems as it expands. Looking at the Brazilian textile sector as a whole, the study estimates that 77% of investment into the sector during 2012 was used to buy innovative machinery – and the technical textile sector especially has a lot of demand to meet.…

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US RECOGNISES SAME-SEX MARRIAGES FOR FEDERAL TAX



IN A decision affecting individuals and employees from around the world but tax resident in America, US tax authorities ruled last month that same-sex couples legally married in jurisdictions that recognise their marriages will be treated as married for federal tax purposes.…

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HALAL COSMETICS BOOMING IN ASIA, GAINING TRACTION IN THE WEST



CONSUMERS in Asia and the Middle East are continuing to grow the market for halal cosmetics – until now, a relatively overlooked industry in halal certification – but suppliers are struggling to keep up with demand. Meanwhile, non-Moslems in the west are starting to buy these products, attracted by their natural and mild ingredients.…

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EUROPEAN COGENERATION SECTOR LOOKS TO CONTROL TECHNOLOGY TO DELIVER FURTHER EFFICIENCY GAINS



The European co-generation sector has been looking hard for a competitive edge and one area of innovation that has helped it improve its energy efficiency is in the convergence of software, control and instrumentation, internet and wireless communication, and smart grids.…

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CHINA SEEKS TO BOOST FINANCIAL MARKETS WITH TENTATIVE RETURN OF BOND FUTURES



reform of its financial markets may take another giant leap forward this summer with the expected reintroduction of bond futures after a 17 year hiatus. The launch of a new bond futures market in Shanghai may be good news for many seeking alternatives to the country’s heavy reliance on bank financing even as local banks this summer faced an unprecedented liquidity squeeze amid a government crackdown on unofficial lending.…

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CHINA’S HUGE INVESTMENT IN LATIN AMERICA IS A GREAT OPPORTUNITY BUT WHAT ARE THE RISKS?



THERE was much fanfare in Managua in June when Nicaraguan officials granted a concession to build a USD40 billion canal, which would challenge the great Panama Canal. The unlikely builder: a Chinese businessman, Wang Jing, chairman of China-based Xinwei Telecom Enterprise Group and president of the newly established Hong Kong Nicaragua Canal Development Investment Co.…

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US PRODUCERS BENEFIT FROM WESTERN HEMISPHERE SOURCING



IT is common sense that for really fast fashion, sourcing should be made as close to a home market as costs will allow. And for the world’s two largest fast fashion markets – the European Union (EU) and the United States – geography does provide some useful neighbours able to offer lower cost out-sourcing, albeit not as cheap as in east and south Asia.…

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MANUFACTURERS SEEK IMPROVEMENTS IN SPEED, PRESSURED BY FAST FASHION RETAIL



To meet apparel and textile brands’ desire to move into fast fashion, manufacturers have begun to embrace new production processes that improve efficiency and performance. Apparel and textile manufacturers have been slower than many other manufacturing industries to embrace supply chain improvements in speed, but are now succumbing to pressure from brands moving into fast fashion retail.…

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SEEKING FUTURE GROWTH, CHINA YILI TIES UP WITH DFA



ONE of China’s largest dairy products manufacturers the Yili Group, has partnered with top US raw milk broker Dairy Farmers of America (DFA) seeking future growth opportunities in China, a Yili spokesman told just-food today. “Under this strategic alliance, our first goal is to jointly build a supply chain covering long-term procurement and farm service,” he said.…

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DIVERSE MOBILE COMMS SERVICES POSE CHALLENGES TO AIRPORT MANAGERS



MOBILE communication services have become a significant focus for airports worldwide regarding improving passenger experience, especially as the use of interconnected smart devices has boomed. Airports have been building on previous services, such as improving and expanding their wireless internet coverage and working with airlines to allow for flight check-ins via mobile communication devices.…

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SPAIN FINDS SILVER LININGS AMID THE GLOOM



‘LA TORRE PUIG,’ the 22-storey Puig Tower now being fitted out in the Plaza de Europa, of the Catalan capital, Barcelona, for Puig SL, the family owned fragrances and fashion firm, will be yet another landmark building for one of Europe’s most beautiful cities.…

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LATIN AMERICA – MAJOR GROWTH ZONE FOR PERSONAL CARE PRODUCT SECTOR



WHILE it is hard to generalise about a region as diverse as Latin America, the truth is that many of its consumers are more concerned about personal appearance than is typical elsewhere in the world, and that is good news for the personal care product industry.…

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EU PREPARED TO BE FLEXIBLE IN RECOGNISING AMERICAN TEXTILE REGULATIONS TO SECURE TRADE DEAL



THE TEXTILE sectors of the European Union (EU) and the United States are keeping a close eye on negotiations under way to create a planned EU-US Transatlantic Trade and Investment Partnership. This would be the world’s largest bilateral trade deal, and would aim to go beyond standard trade agreements by addressing technical rules that can impede trades in manufactured goods such as textiles, such as labelling, classification and chemical controls.…

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PERU EYES BRAZIL AS FERTILE TEXTILE MARKET, WHILE BRAZIL’S TEXTILE INDUSTRY STRUGGLES TO COMPETE



The Brazilian textile manufacturing industry may come under threat as neighbouring Peru eyes up opportunities for expansion in Latin America’s biggest textile market. Peru currently exports USD102 million in textiles and apparel to Brazil annually (in 2012), and these exports have been increasing annually by 15% on average since 2010 according to the Brazilian Textile and Apparel Industry Association (ABIT).…

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EU-US FTA COULD PUSH WORLD TOWARDS FIRST NEW GLOBAL STANDARD FOR CAR SAFETY



THE NEGOTIATIONS for a free trade agreement (FTA) between the European Union (EU) and the United States, which started this month in Washington DC (July 8), could push the world towards a truly global vehicle regulatory system for the first time, according to EU sources close to the negotiations.…

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NEW YORK CITY – AMERICA’S METROPOLIS HAS SCALED-UP TRAFFIC CONTROLS



IN the most populous city in the United States (population of about 8.34 million as of July 2012, traffic managers in New York City employ inter-agency cooperation and high tech solutions to fight congestion. “The New York City department of transportation has a very sophisticated traffic management system,” said José Holguín-Veras, director of the New York-based Centre for Infrastructure, Transportation and the Environment.…

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CONNECTED SOUTH KOREA HAS SOPHISTICATED TRAFFIC CONTROL SYSTEM



As befits a country as connected online as South Korea traffic controls in its capital Seoul are organised centrally and in an integrated way. As one of the world’s largest cities, with a population exceeding 10 million, Seoul has notoriously heavy traffic.…

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RAW MATERIALS AN EUROPEAN PRIORITY FOR EU-US TRADE TALKS



THE EUROPEAN Commission yesterday (Wednesday) released documents showing that it wants the US to ban export restrictions on selling raw materials to the European Union, during negotiations for the planned Transatlantic Trade and Investment Partnership. This would be the world’s largest bilateral trade deal, and the Commission has been uncharacteristically transparent by publishing its initial negotiating documents.…

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BRAZIL CAR SAFETY RULES MAY PUSH SOME MODELS OFF BRAZILIAN ROADS



POPULAR models in the Brazilian car market are likely to vanish from the streets in Latin America’s largest nation as new safety standards come into play. Brazilian automotive experts have said that the upcoming car safety law, which will be enforced from the start of 2014, will make popular models such as the Volkswagen Kombi, still commonly driven in Brazil, unfit for driving and too costly to upgrade.…

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NEW PARAGUAY PRESIDENT FACES CHALLENGES WITH ILLICIT CIGARETTE TRADE



THE ELECTION of tobacco magnate Horacio Cartes as Paraguay’s President cy was mired by scandalous accusations of corruption, and now experts say he will do little to confront the country’s flourishing contraband cigarette trade.
Mr Cartes, 56, is a business tycoon and newcomer to politics who owns more than 20 companies, including Paraguay’s largest cigarette manufacturer Tabacalera del Este (Tabesa).…

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US RESPONSE TO FATF UPDATE COULD BE AGGRESSIVE MOVE ON BENEFICIAL OWNERSHIP RULES



The administration of US President Barack Obama administration has proposed a new anti-money laundering (AML) National Action Plan, which should help America bring its already robust AML regime closer to the revised Recommendations agreed in February 2012 by the Financial Action Task Force (FATF).…

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US AVIATION FIRMS FIND OPPORTUNITIES IN BOOMING BRAZIL WITH USTDA PARTNERSHIP



The privatisation and expansion of the Brazilian airport sector has proved to be a significant opportunity for the American civil aviation sector, which has been vying for opportunities in Brazil’s air navigation, airport and airport-related services. These opportunities are set to increase with the United States Trade and Development Agency’s (USTDA) having brokered a US-Brazil Aviation Partnership, signed last April and now being rolled out in earnest.…

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US AIRPORT PROJECTS HIT BY SEQUESTER CUTS



Chicago Rockford International Airport director Mike Dunn probably hated to break the news. The airport’s AirFest Labour Day extravaganza would have to be scrubbed this year due to the federal government’s budget sequester. It seems that in March, the federal government pulled the plug on all military aerial demonstrations, effective April 1.…

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PROSECUTING FRAUD IN CHINA STILL FACES CHALLENGES



FOREIGN companies in China face a tough choice when becoming victims of fraud – do they let it go, knowing that they might be hit again later, or tangle with the fraudsters, privately, or using China’s often responsive law enforcement and court systems?…

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VOICE FINGERPRINTERS RELISH ‘ARMS RACE’ vs FRAUD



BIOMETRICS technologies producing voice and phone ‘fingerprints’ to prevent, detect and prosecute fraud and other crimes are evolving rapidly in an arms race between fraudsters, law enforcement, private companies and private sector anti-fraud companies.

For forensics, many jurisdictions admit voice biometrics in evidence.…

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DESPITE THE SLUMP, US AIRPORTS PLAN FOR GROWTH



While the American civil aviation sector has its problems, the long term future is bright, according to the USA’s Federal Aviation Administration’s (FAA). In a groundbreaking forecast released last March (2012), it predicted the US industry would grow steadily over the next 20 years, reaching 1.2 billion passengers flying commercially by 2024, compared to 731 million in 2011.…

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PERSONAL CARE PRODUCT SECTOR SEEKS GREENER PACKAGING, BUT THE WAY FORWARD IS COMPLEX



may be a big concept, but the road to making personal care product packaging greener is made of small incremental steps that can both provide green marketing benefits and reduce costs.

Recent innovations include reducing the size of containers, while maintaining the volume of product they hold, alongside innovations in using renewable resources and keeping packaging waste out of landfills.…

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SUSTAINABILITY may be a big concept, but the road to making personal care product packaging greener is made of small incremental steps that can both provide green marketing benefits and reduce costs.

Recent innovations include reducing the size of containers, while maintaining the volume of product they hold, alongside innovations in using renewable resources and keeping packaging waste out of landfills.…

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SOUTH KOREA COATINGS INDUSTRY CHANGES LITTLE IN 2012, PREPARES FOR STRICTER REGULATION IN 2013



SOUTH Korea’s paint and coatings sector displayed sturdy stability in 2012, weathering an ongoing global economic slowdown that has affected growth rates in Asia, as well as Europe and north America. However the industry is worried about a new environmental law that has been inspired by the European Union’s (EU) REACH legislation.…

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ALLIANCE BOOTS TO DOUBLE CHINA OPERATIONS IN NEXT TWO YEARS



Alliance Boots’ key mainland China joint venture partner is planning to expand its distribution networks to reach the whole country, a London-based spokesperson for the personal care giant told Soap Perfumery and Cosmetics on Friday night.

The UK-based company sells cosmetics through certain Mannings stores in Hong Kong and would like to expand those sales to mainland China: “We would like to; we are still considering it.…

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AMERICAN, EUROPEAN AND JAPANESE CAR PARTS ALLIANCE IS GOOD FOR BUSINESS SAYS US COMPONENT



CAR parts suppliers in the US, the European Union (EU) and Japan will be better equipped to comply with environmental regulations as a result of an international alliance forged by the industry, its American representative has claimed. David Lalain, vice president of the Automotive Industry Action Group (AIAG) welcomed AIAG joining forces with the European Association of Automotive Suppliers (CLEPA) and the Japan Auto Parts Industries Association (JAPIA) in a global cooperation deal.…

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QATAR STRUGGLES TO KEEP MEGA-DEVELOPMENT ON TRACK – AND THEN THERE’S THE WORLD CUP TO STAGE



QATAR is a country in a hurry. Under its 22 year plan, the Qatar National Vision 2030, the country is planning to diversify away from its reliance on hydrocarbons to become a knowledge-based, sustainable economy. Some USD93 billion is being spent on education, health care and infrastructure projects to morph this former Gulf desert backwater into a cutting edge, 21st century state.…

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– DRINKS PACKAGERS LOOK TO COMMUNICATE BETTER WITH CONSUMERS



Drinks packaging design has always been about communicating with consumers – whether it is broadcasting a brand image or delivering information. And with new technologies aiding communication in many ways, interaction is a key theme with international beverage packaging designers today.…

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RUSSIAN GOVERNMENT ANNOUNCES AMBITIOUS PLANS TO BACK DOMESTIC BOOK PUBLISHING



The Russian government is considering investing up to Russian Rubles RUB3 billion (USD90 million) to support its domestic book publishing this year, taking the money from a federal ‘Culture of Russia’ programme.

According to the Federal Press and Mass Communications State Agency, whichis coordinating this scheme until 2018, these funds will enable the publication of at least 550 new book titles, mostly by Russian authors.…

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PAKISTAN PUSHES AHEAD WITH BAGASSE CO-GENERATION – BUT WILL IT BE FOR REAL THIS TIME?



AFTER many false starts and delays, Pakistan appears to be finally ready to expand its bagasse and biomass co-generation output by persuading the 83 sugar mills in the country to start production of electricity on commercial basis. The government is planning incentives such as an attractive upfront power purchase tariff and help in capital financing.…

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CALIBRATING DAIRY VISCOSITY IS KEY TO CONFECTIONERY AND ICE CREAM MOUTH FEEL



THROUGH their fat content, dairy products affect viscosity in the production of confectionery, bakery and ice-cream products and also the ‘mouth feel’ of the end product. The trick in manipulating this to advantage is to start from ingredients as near ideal characteristics as possible, then use the most reliable and sensitive equipment that return-on-investment considerations allow.…

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CUBAN CIGAR PRODUCERS CHALLENGE PLAIN PAPER PACKAGING LEGISLATION AT WTO



CUBA turned tobacco enthusiasts’ and international observers’ heads earlier this month when it filed its first ever complaint with the World Trade Organisation (WTO) against Australia’s tough tobacco plain-paper packaging restrictions.

The communist Caribbean island joined the Dominican Republic, Honduras and Ukraine in challenging Australia’s 2012 law which requires all tobacco products be placed in generic packages featuring graphic health warnings, but not brand logos.…

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USA’S POLITICAL MOSAIC MAKES TRANSPORT AGENCY DATA SHARING CRITICALLY IMPORTANT



THE UNITED States might be a relatively new country, but it has not been keen on changing the borders of its constituent states, counties and cities. The result is sometimes an administrative hotchpotch, with political and administrative boundaries set in the 1700s and 1800s bisecting urban communities in an almost arbitrary way.…

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US TRAFFIC MANAGERS LOOK TO INNOVATIVE SOFTWARE



As transportation technology in the United States continues to become more intelligent and efficient, traffic managers are turning to innovative software to organise increasingly complex networks of infrastructure and communications. 

For example, the world-ranking higher education institution the Massachusetts Institute of Technology (MIT) has been researching enabling traffic simulators to not only show potential impact on traffics flows of new roads, bridges and traffic lights, but also to suggest the best infrastructure changes from a range of options, said Carolina Osorio, assistant professor at MIT’s department of civil and environmental engineering.…

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SOUTH AMERICAN FRAUD BOLSTERED BY LAX LAWS



DESPITE the presence of anti-fraud legislation, fraud and corruption are an everyday part of life throughout South America, where fraudsters are unlikely to be convicted, let alone penalised.

“Penalties don’t really have an effect on fraudsters,” said Fernando Gamiz, an analyst at the Association of Certified Fraud Examiners (ACFE), with over 20 years of experience working on South American fraud.…

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OVERSEAS NONWOVENS PLAYERS EYE CHINA PREMIUM MARKET



ALTHOUGH China is known for skilled workers making clothing for big brand names, the country still relies heavily on imports when it comes to high performance nonwovens used in the medical, automotive, environmental protection and other fields, according to Beijing-based China Nonwovens & Industrial Textiles Association (CNITA).…

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OAS’ CICAD IS KEY AML PLAYER IN THE AMERICAS



The Inter-American Drug Abuse Control Commission (CICAD), a technical agency of the Organisation of American States (OAS), is playing an increasingly influential role in the Americas in terms of fighting drug-trade linked money laundering. Specifically, CICAD has a central role in the unfolding of the Hemispheric Plan of Action on Drugs 2011-2015 which was adopted by the OAS in 2011, and includes key anti-money launderingAML components.

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BRUSSELS SPENDS EUR 9 MILLION PROMOTING EU MEAT SALES



THE EUROPEAN Commission has announced a series of three-year spending programmes helping meat producers from around the European Union (EU) sell their products at home and abroad. The money funds “public relations, promotional or publicity campaigns” said Brussels, with spending being augmented by matching funding sourced from industry groups and national governments.…

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US PHARMA ASSOCIATION SOUNDS ALARM OVER GOVERNMENT BUDGET CUTS



THE USA’s Pharmaceutical Research and Manufacturers of America (PhRMA) has warned that America’s federal ‘sequestration’ public spending cuts and more recent budget proposals from President Obama could restrict access to new effective drugs, inflating healthcare costs.

PhRMA senior vice president Matthew Bennett fears potential cuts to the Medicare Part D prescription drug subsidy system, he claims “greatly improved seniors’ access to medicines…” He argued this has depressed insurance premiums, and “achieved billions of dollars of savings on other Medicare costs by improving health”.…

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WESTERN BRANDS LOOK CLOSER TO HOME FOR SENSITIVE SOURCING



IT is a long way from China, east Asia and south Asia to the key developed world markets or Europe and America. And with fashion being so dynamic, demand for a line could have dampened in the months between placing an order and receiving delivery.…

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CANADA’S BRITISH BOOK SPECIALIST RETAILER CLOSES ITS DOORS



NICHOLAS Hoare, Canada’s specialist British book retailer is closing for good, after its eponymous 70-year-old founder decided to retire and move to a stately house in rural Nova Scotia, in eastern Canada.

The chain has been contracting, closing its Ottawa store last April and its Montreal branch on New Year’s Day, and finally its Toronto flagship outlet on April 1.…

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PLM SOFTWARE BECOMES EVER MORE SOPHISTICATED, FLEXIBLE AND CONNECTED



Product Lifecycle Management (PLM) software has also undergone a profound change over recent years, dominated by three catchwords: integration, cloud computing and social design.

Integration is perhaps the most significant, short-term trend in both PLM and ERP development for the clothing and textile sector, and others.…

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AS INTERNATIONALISATION GROWS – EUA FOCUSES ON NEED TO IMPROVE RANKINGS SYSTEMS



THE ANNUAL conference of the European University Association (EUA) has debated how rankings systems need to become more sophisticated benchmarks as the higher education system worldwide becomes more internationalised.

Speaking to University World News after last week’s event in Ghent, Belgium, Ms Lesley Wilson, the EUA’s Secretary General, said that while “everyone has a different view” about rankings, they need to deliver sophisticated benchmarking systems with which institutions will be able to compare themselves against other learning bodies.…

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EU MOVES TOWARDS PUBLIC PROSECUTOR PROPOSALS



THE EUROPEAN Union (EU) needs to act on its long discussed goal of creating an EU public prosecutor to protect its financial interests and should also introduce an EU-wide definition of mafia-style organised crime, MEPs said this week. A European Parliament’s special committee on organised crime, corruption and money laundering (CRIM) has now recommended in draft proposals that an EU prosecutor should coordinate and encourage national investigations, while interacting with law enforcement agency Europol, judicial cooperation unit Eurojust, and EU anti-fraud office OLAF.…

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PAYING THE PENALTY FOR FRAUD USA



FROM large corporate crime through to healthcare and individual insurance frauds, sentences and headlines convey the impression that the USA is tough on the cheats and crooks.

Crooked financier Allen Stanford is one year into the 110-year prison sentence handed down to him after the Texan was convicted in the USA of a USD7 billion Ponzi scheme and related fraud, one of the largest financial crime cases in US history.…

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EUROPEAN COMMISSION PLANS ALTERNATIVE TRANSPORT REFUELLING AND CHARGING NETWORKS: WILL VEHICLE SALES FOLLOW?



THE QUESTION of whether publicly-supported refuelling and recharging stations are needed to jump-start demand for electric, hydrogen and other alternatively-powered vehicles seems almost as old as the conundrum about the chicken and the egg. Yet, a clear answer has yet to be supplied – and with green vehicle sales still generally weak – the European Commission has decided that for Europe, it might as well push ahead with proactively creating refuelling/charging networks anyway.…

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COLOMBIA’S AUTOMOTIVE INDUSTRY BRACES FOR ARRIVAL OF TARIFF-FREE KOREAN VEHICLES



COLOMBIA industry associations and politicians have warned the country’s automotive industry is at risk following the signing of a free trade agreement with South Korea in February.

The free trade agreement, which is expected to come into force at the end of this year, will eventually allow South Korea-made vehicles to enter the South American country free of the current 35% tariff.…

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CAR PRODUCTION DOWN IN BRAZIL, BUT FUTURE MARKET POTENTIALLY HEALTHY FOR DOMESTIC PRODUCERS



BRAZIL’S government is betting its domestic automotive manufacturing sector will recover its production after output declined 1.9% for all vehicles (barring agricultural vehicles) in 2012 compared to 2011, according to Brazil’s National Association of Automotive Vehicle Manufacturers (ANFAVEA).

With overall industrial production in Brazil falling 2.7% last year (2012), the Brazilian Institute for Geography and Statistics (IBGE) said “vehicles exerted the highest negative influence on the overall index, pressed by the decrease in the production of approximately 80% of the products surveyed in this sector, highlighted by the smaller production of trucks, tractor trucks for trailers and semi-trailers, chassis with motor for trucks and buses, diesel motors for trucks and buses, car pieces and vehicles for transportation of goods.”…

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BRUSSELS TO PROPOSE LEGISLATIVE MEASURES ON SHALE GAS EXPLORATION IN EUROPE



 

THE EUROPEAN Commission looks set to propose binding legislative standards for the 27 European Union (EU) member states to follow in exploring unconventional fossil fuel resources amid public concern over the environmental and social impact consequences of the main production method – hydraulic fracturing or fracking.…

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COMPLEX FINANCIAL TRADES OFFER SOPHISTICATED MONEY LAUNDERERS MEANS TO HIDE DIRTY MONEY



REGULATORS worldwide are waking up to anti-money laundering (AML) and combating the financing of terrorism financing (CFT) vulnerabilities posed by complex financial instruments such as futures, options, contracts-for-difference, depository receipts, and so on.

Contemporary case studies are scarce, scant and usually sanitised for release into the public domain, for instance typologies published in recent years by: global AML/CFT body the Financial Action Task Force (FATF); the European Union’s (EU) FATF-style body Moneyval; the Asia/Pacific Group on Money Laundering; and the United Nations Office on Drugs and Crime (UNODC).…

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LATIN AMERICA’S BIGGEST MARKETS SEE SLOW BUT STEADY COATINGS SALES GROWTH



WHILE Latin America has not seen the growth witnesses by emerging markets in Asia, their paint and coatings sectors are still strengthening, and can build on a higher historic levels of prosperity than most Asian countries.

And the industry is more robust than many.…

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VENEZUELA'S STRUGGLING STEEL SECTOR SEES HOPE POST-CHAVEZ



Venezuela’s steel industry and investors are hoping the country’s Interim President Nicolás Maduro will break with the policies of his late predecessor Hugo Chávez, which have severely buffeted a once largely private and highly profitable sector.

“The disaster of the industry is a combination of policy and mismanagement,” explained analyst Robert Bottome, director of the Caracas-based VenEconomy Publications Group.…

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PHILIPPINES GARMENT EXPORTERS SUPPORT PASSING OF THE SAVE ACT



AMERICA’S Save Our Industries Act, also known as the SAVE Act, which would give a range of Philippines-made apparel duty-free access to the US, looks increasingly likely to be implemented. And the Filipino clothing and textile sector is happy. The bill, first introduced to the US Congress in 2009, is to be re-introduced to Congress this month for the third time.…

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AUSTRALIA: READY TO BECOME WORLD’S SECOND BIGGEST COTTON EXPORTER



AUSTRALIA is set to become the world’s second largest exporter of raw cotton, with exports to jump by 11% to a record 1.1 million tonnes in the year ending July 2013, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has predicted.…

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DRUG TRAFFICKING REPEATEDLY BREACHES SECURITY AT GHANA'S INTERNATIONAL AIRPORT



GHANA’S Kotoka International Airport (KIA) has been making the news for all the wrong reasons, from accounts of a brawl breaking out between different security services at the airport; to the interception of a shipment of Ghanaian plantain stuffed with cocaine reported by UK officials.…

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FONTERRA CFO WELCOMES STRONG GLOBAL RESULTS FOR NEW ZEALAND DAIRY GIANT



New Zealand dairy giant Fonterra has highlighted its increasing focus on emerging markets, as the battle among global dairy companies for a share of markets in Asia, the Middle East and Latin America hots up. Just-food’s Jonathan Dyson spoke to Fonterra CFO Jonathan Mason as the company released its latest half-yearly results.…

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NEW GLOBAL MARKET OPPORTUNITIES SET TO EMERGE FOR OLEOCHEMICALS – CONFERENCE TOLD



SIGNIFICANT new market opportunities are set to emerge for the oleochemicals industry over the coming years, as potential new segments emerge and traditional uses diversify, while growth in emerging markets, particularly China, continues.

Delegates at the ICIS Asian Oleochemicals Conference, which took place in Kuala Lumpur on January 30-31, attracting around 90 delegates, were told that bio-based chemicals’ performance was getting better and better.…

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GREENLAND ELECTION COULD MARK START OF ISLAND’S COMMERCIAL RARE EARTH DEVELOPMENT



THE NEXT 12 months will be crucial in the positioning of Greenland as a major source of rare earth metals (REM). A general election on March 12, could give a pro-independence, pro-mining party a renewed mandate in the Danish island’s autonomous government.…

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EUROPEAN AND AMERICAN CAR INDUSTRIES POSITIVE ABOUT A FUTURE EU-US FREE TRADE AGREEMENT



EUROPEAN and American car manufacturers and parts makers have welcomed the launch of negotiations to forge a comprehensive free trade agreement between the US and the European Union (EU). Responding to an announcement on Tuesday – underlined by President Barack Obama in his State of the Union address on Tuesday – Ivan Hodac, secretary general of the European Automobile Manufacturers’ Association (ACEA), believes that “an eventual EU-US trade deal will promote production in both economies.…

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EU ALLOWS IMPORT OF AMERICAN LIVE PIGS TO CURRY FAVOUR WITH WASHINGTON



THE EUROPEAN Commission has lifted a ban on the import of live pigs from the US, showing the European Union (EU) is willing to compromise over its interests in the meat and livestock sector, just days before EU trade Commissioner Karel de Gucht travels to America for talks on a possible EU-US free trade agreement.…

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WCO SECRETARY GENERAL DETAILS WORLD’S WEAKNESSES IN FIGHTING FAKE MEDICINES



THE SECRETARY General of the World Customs Organisation (WCO) has detailed how the world is woefully unprepared to fight the scourge of counterfeit medicines that can harm or even kill patients. Kunio Mikuriya was speaking at the opening session of a Conference on the Illicit Trafficking of Fraudulent Medicines, held at the Vienna International Centre, Austria, on February 14.…

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NEPAL: GARMENT SECTOR EYES MARKET DIVERSIFICATION AFTER RECORD EXPORT DROP



NEPAL’S ready-to-wear garment sector wants to diversify its target markets away from a past reliance on America, prompted a slump in exports, which have fallen by more than half over the past five years. The Garment Association Nepal (GAN) general secretary Ashok Kumar Agrawal blamed decreasing demand from American consumers and told just-style the industry is hoping to “diversify export markets to Australia, Canada and Japan, making use of duty free privileges while increasing exports to the EU,” where they enter duty free under the Everything But Arms deal.…

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INDIAN EXPORTERS SEEK LESS DEPENDENCE ON FLAGGING EUROPEAN DEMAND



INDIAN garment exporters are looking to buyers in new countries to compensate for drops in orders from struggling, traditional western markets, Dr A Sakthivel, chairman of the Apparel Export Promotion Council (AEPC) has told just-style.

“Since the last two years when our conventional markets in Europe, the United States and Canada are facing economic problems, we have started to look for new markets in South America, South Africa, Japan and Israel,” he explained.…

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BRICS DRINKS LOGISTICS - SWOT ANALYSIS



Strengths:

 

China has a booming e-commerce sector, and growing online drinks retailers are building more warehouses nationwide. They need to balance ‘just-in-case’ and ‘just-in-time’ demands and also the need for flexibility versus low inventory. Negotiating these logistical pressures is vital in this huge yet highly fragmented market.…

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EU RESEARCHERS IDENTIFY COSMETICS CHEMICALS IN PLANTS



A EUROPEAN Union (EU)-funded research project called Agrocos has successfully isolated new chemicals from plants that can be used in the cosmetics sector, the European Commission has said. Noting “Agrocos looks set to make available commercially viable products for the agricultural and cosmetics industries”, the Commission said 11 compounds and 270 extracts have been recorded in databases.…

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GROUP BUYING POSES MARGIN-v-SALES DILEMMA



PURCHASING cosmetics through business-to-consumer (B2C) group-buying websites offering national and local discount deals from third party vendors is catching on in key markets worldwide and positively blossoming in China, but with different nuances according to location. Cosmetics deals are popular on these sites throughout Asia, according to Shanghai, China based Dataotuan.com…

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CHEWING GUM MANUFACTURERS INNOVATE TO STRENGTHEN SOFTENING DEMAND FOR THEIR PRODUCTS



THE WORLD it seems, it becoming a little less keen to chew gum (and blow bubbles with it): this confectionery sub-sector that grew by a healthy 7.7% in 2011 saw growth slowing to 1.7% in 2012. It is the quietest sales period since the chewing gum segment (that includes bubble gums) posted a fall of 2.5% from USD23.2 billion to USD22.44 billion during the recession from 2008 to 2009, according to figures from market researcher Euromonitor International.…

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SUPERBANK POWERS CHINA GROWTH BUT AUTHORS QUESTION SUSTAINABILITY



IT has been called the world’s most powerful bank. In their book ‘China’s Superbank Debt, Oil and Influence – How China Development Bank [CDB] is Rewriting the Rules of Finance’, Bloomberg journalists Henry Sanderson and Michael Forsythe describe how the “CDB’s system of local government finance has helped lift millions out of poverty and shielded the country from recession”.…

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CHINESE INVESTORS SIZING UP LONDON - SURGE WILL COME, SAY EXPERTS



CHINESE investors in London’s property market are becoming increasingly important players, and the signs are that the flow of Yuan into the UK capital could keep growing. Michelle Zhang, who heads up the China desk at DTZ London, said: “CIC [China Investment Corporation] would be viewed as the most active Chinese investor and now have a number of prime London property holdings;” she highlighted the Chinese sovereign fund’s recent GBP245 million purchase of Deutsche Bank headquarters Winchester House, from KanAm, undertaken alongside Invesco.…

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US ONLINE COSMETICS FLOURISH IN TOUGH TIMES



THE ONLINE market for perfume and cosmetics in the USA has bucked five years of recession then patchy economic recovery to grow steadily as more people connect to the Internet and get the e-commerce habit. Distributors such as America’s Estée Lauder Companies and Canada’s Lise Watier have prospered online and through mobile platforms offering customer interaction, convenience, and access to international markets.…

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SURVEY FINDS 97 PERCENT OF CHINESE FIRMS WILL INCREASE INVESTMENT IN THE EU



THE EUROPEAN Union (EU) offers a more favourable investment environment compared to north America or south-east Asia in the eyes of Chinese investors, according to a recently released study of Chinese companies investing in Europe. Africa however is seen as the most welcoming destination for Chinese investment, by 85% to 15%, according to the survey of 74 Chinese firms carried out by the EU Chamber of Commerce in China (EUCCC), in cooperation with KPMG and Roland Berger Strategy Consultants.…

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U.S. GOVERNMENT WEIGHING ACTION ON OLIVE OIL TRADE



Both producers and importers of olive oil in the United States will be following their government’s actions closely in the coming months as decisions on proposed legislative changes could greatly impact the industry.

The sharply divided US Congress has failed to pass a new, multi-year farm bill to replace the 2008 law that expired this year.…

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MOSSI & GHISOLFI LAUNCH GROUNDBREAKING SECOND GENERATION BIOETHANOL PLANT IN NORTHERN ITALY



Mossi & Ghisolfi, an Italian petrochemical multinational with headquarters in the northern city of Tortona, has commenced operations at a second generation bio-ethanol demonstration plant that uses rice straw and the common giant cane ‘Arundo Donax’ as a feedstock.

The plant is located in Crescentino, about 120 km southwest of Milan in Italy’s Piedmont region.…

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LAW ENFORCEMENT TRIES TO STAY AHEAD OF CASH COUNTERFEITERS



COUNTERFEIT cash can be a most useful tool for money launderers. When made properly, high value notes can be moved around the world and spent without recourse to banks, credit card operators and other financial institutions.  And with the increasing sophistication digital counterfeiting technology, this criminal industry is today a truly global enterprise: high quality banknotes can be faked almost anywhere in the world.…

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ELI LILLY PAYS MORE THAN USD29 MILLION IN SEC SETTLEMENT



THE USA’s Securities & Exchange Commission (SEC) has settled a bribery case with Indiana-based pharmaceutical Eli Lilly & Company, where the company has agreed to pay more than USD29 million in fees, penalties and charges. Lilly was charged with violations of America’s Foreign Corrupt Practices Act (FCPA) over alleged bribes by its subsidiaries to foreign government officials in Russia, Brazil, China, and Poland, in return for business.…

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OBAMA’S FIRST TERM AML REPORT CARD: NICE ARRESTS, SHAME ABOUT THE PUNISHMENTS



MUCH was expected on the anti-money laundering (AML) front from President Barack Obama’s first USA administration. But the verdict of professional AML observers is that while important gains were achieved in some areas, the overall effect was blighted by a curious failure of will to follow through. …

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INTERNATIONAL FRAUD NEWS ROUND UP – CHINA ANTI-GRAFT PLAN DRAFTED



THE CHINESE government is drafting a new five-year anti-corruption plan for 2013 to 2017, which is expected to increase supervision of lower-ranking Communist party cadres. To be finalised and published before June, the new plan, said a Politburo statement is likely to “intensify supervision of officials’ adherence to various disciplines…” The statement backed more “limits and supervision of officials’ power and campaigns to promote a clean work style at grassroots levels…”

Other recent international fraud news:

*Global law enforcement representatives and football executives have met for the first time at a conference held to combat match fixing frauds, which generate millions of dollars of illicit gambling revenue for organised crime syndicates.…

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OBAMA’S FIRST TERM AML REPORT CARD: NICE ARRESTS, SHAME ABOUT THE PUNISHMENTS



MUCH was expected on the anti-money laundering (AML) front from President Barack Obama’s first USA administration. But the verdict of professional AML observers is that while important gains were achieved in some areas, the overall effect was blighted by a curious failure of will to follow through. …

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BANGLADESH’S SEEKS TO DIVERSIFY KNITWEAR EXPORT MARKETS



DECLINING demand from the USA and European Union (EU) for Bangladesh knitwear has not dampened the world’s second largest clothing exporter from aiming high. Rather, Bangladesh is planning to more than double its current knitwear exports, to USD20 billion by 2020, seeking out new markets.…

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US PROPOSES FLEXIBILITY TO TPP TRADE PACT



THE UNITED States government has unveiled details of proposed flexibilities it wants to introduce into the planned Trans-Pacific Partnership (TPP) trade agreement which will allow importers to buy scarce clothing, textiles and yarns from outside the bloc.

Speaking at a New York conference yesterday (Wed, Jan 9), Kim Glas, deputy assistant secretary for textiles and apparels of the US Department of Commerce stressed proposals that may appease concerns of US garment and clothing importers concerned about restrictive ‘yarn forward’ rules in the draft TPP.…

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MALAYSIA TEXTILE AND CLOTHING SECTOR FOCUSES ON QUALITY TO ACHIEVE GROWTH



Malaysia’s textile and clothing industry is planning to focus on three key areas – higher value fashion, dyeing and finishing, and technical textiles – to sustain strong growth and continue to compete with significantly lower-cost competition elsewhere in Asia.

The country’s textile and apparel exports grew 28.4% to USD3.8 billion in 2011, according to the Malaysian Textile Manufacturers Association (MTMA), with a further significant increase expected in 2012.…

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COLOMBIA CLOTHING SECTOR EYES EUROPE AS TARGET FOR MARKET DIVERSIFICATION



Colombia’s clothing export sector is eyeing Europe as a key market for diversifying its sales away from a reliance on the United States and neighbouring South American countries. Senior industry officials speaking at the major Latin America textile and apparel trade fair, Colombiatex, staged last week in Medellin, said they would pro-actively seek out European sales.…

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CHINA AUTO INDUSTRY BOSS PREDICTS SOLD GROWTH AS MARKET BALANCES



AS the New Year turned, economists have focused on how China’s economic growth is steadier pace than in the last decade and the auto sector following suit. Speaking exclusively to wardsauto, Dong Yang, secretary general and executive vice chairman of the China Association of Automotive Manufacturers (CAAM), said China sales and output of autos in 2012 should maintain the previous year’s year-on-year (YoY) increase of 5%.…

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OECD PREDICTS SLOWDOWN IN GLOBAL STEEL MARKET OVER NEXT 10 YEARS



BY KEITH NUTHALL

A new slowdown in the growth of global steel markets is a long term trend, spanning the rest of the decade and beyond, the Organisation for Economic Cooperation & Development (OECD) predicted today. (Friday).

These conclusions were reached by the OECD’s steel committee meeting in Paris over the past two days.…

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CHINESE PHARMA COMPANIES TURN TO AFRICA FOR RISING EXPORT AND INVESTMENT OPPORTUNITIES



BY WANG FANGQING, IN SHANGHAI

THE CHINESE pharmaceutical sector is pushing hard to secure sales in sub-Saharan Africa – seeing it as a softer and growing export market, compared to stagnating mature markets in Europe and north America. It is for want of trying.…

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DANISH STUDY SUGGESTS NANOPARTICLES DO NOT SPLIT AWAY FROM NANO-COATINGS



BY JOHN PAGNI, IN HELSINKI

A SENIOR nanotechnology scientist has told Polymers Paint Colour Journal of new research that has increased confidence that coatings containing nanoparticles maybe safe. Dr Ulla Vogel, head of Denmark’s Nanotoxicology and Occupational Hygiene at Denmark’s National Research Centre for the Working Environment (NRCWE) was speaking after appearing at the Safety of Engineered Nanoparticles and Nanotechnologies (SENN) 2012 international congress in Helsinki.…

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US STATE DEPARTMENT INTENSIFIED DIPLOMATIC EFFORTS AGAINST FAKE MEDICINE TRADE



BY KEITH NUTHALL

AMERICA’S State Department has outlined a range of measures it is taking overseas to fight the trade in counterfeit medicines. Its undersecretary for economic growth, energy, and the environment Robert D Hormats told a Washington, DC global forum on pharmaceutical anti-counterfeiting and diversion: "Broadcasting the dangers of counterfeit and substandard medicines and is critical to safeguarding pharmaceutical supply chains in the United States and other pharmaceutical supplier and consumer countries."…

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LOSERS



BY MJ DESCHAMPS

Sears

North American department store chain Sears suffered a catastrophic 2012, starting with a January announcement that it planned to close as many as 120 stores after recording poor holiday sales. The same month, reports emerged that lender CIT Group had halted loans to the company’s suppliers, and that Sears Canada was cutting 400 jobs across the country.…

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FAA ASSET STUDY A TOOL FOR RATIONAL DEBATE IN FUNDING CRISIS



BY ROBERT STOKES

THE US Federal Aviation Administration (FAA) is now working its way through a series of promised follow-ups to its exhaustive audit and reclassifying of general aviation (GA) landing facilities, most of them airports of course.

Published in May, ‘The General Aviation Airports: A National Asset’ report followed an 18-month study of public-use GA airports, heliports, and seaplane bases as identified in the USA’s National Plan of Integrated Airport Systems (NPIAS).…

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COUNTERFEIT COSMETICS SALES IN LATIN AMERICA SURGE AS ECONOMIES GROW



Latin America’s robust economy and fascination with beauty has made it a very lucrative region for cosmetics and perfume companies.  However corruption, weak border control and smuggling networks are helping to make the piracy of cosmetics and perfumes into a pervasive problem, causing major loss of revenue to both governments and companies alike.…

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TAIWAN'S KNITWEAR INDUSTRY BEATS THE BLUES WITH R&D AND AN EXTRA-GENEROUS DASH OF GREEN



THE KNITWEAR manufacturers of Taiwan are being challenged by headwinds from the global economic downturn, which has undermined their smart high-end export strategy. Last year was not a good one – as indicated by drops in exports of circular-knit fabric and knitted clothing apparel of 2.74% to USD1.265 billion and 10.97% to USD178 million respectively in the first eight months compared to the corresponding period of 2011.…

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ENTICING ENTERPRISE CUSTOMERS: WHAT TELCOS CAN DO TO IMPROVE AND EXPAND SERVICES TO BUSINESSES



BY MJ DESCHAMPS

WITH consumer revenues flattening across the board for personal mobile services, improving customer experience for business customers is now becoming critical for communications service providers (CSPs) who want market growth and revenue return. Despite making many inroads in the enterprise market beyond legacy connectivity services, however, CSPs are currently having a tough time convincing business customers that they can be trusted to provide services beyond their core offerings.…

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NEW KANEBO PRESIDENT WANTS TO DEVELOP GLOBAL BRANDS



BY JULIAN RYALL, IN TOKYO

Masumi Natsusaka has global ambitions for Kanebo Cosmetics Inc., where he assumed the company’s presidency in June. And he has told Soap Perfumery & Cosmetics that he is impatient for brands that have previously only been for selected foreign and domestic markets to evolve into truly global brands developed to directly meet the needs of a new generation of consumers around the world.…

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OILS AND FATS INTERNATIONAL



BY BLAKE BERRY, IN WARSAW; JOHN PAGNI, IN HELSINKI; DAVID HAYHURST, IN PARIS; LEE ADENDOORF, IN LUCCA, ITALY; CARMEN PAUN, IN BRUSSELS; MJ DESCHAMPS; AND ALAN OSBORN

IF you are a biofuel manufacturer, you could be forgiven for being frustrated with the complexity of the market in Europe.…

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USA NUCLEAR ENERGY INSTITUTE OPTIMISTIC ABOUT OBAMA'S SECOND TERM



BY ALAN OSBORN

The US nuclear energy industry appears confident that President Barack Obama’s second term in the White House will oversee a continued central role for the nuclear industry at the heart of America’s energy policies. In a statement issued by the Nuclear Energy Institute in Washington, Martin Fertel, NEI president and chief executive officer, said President Obama had explicitly mentioned in his comprehensive economic plan, "the need for a significant contribution from nuclear energy to achieve the administration’s goals."…

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ETHIOPIA PLOTS MAJOR INTERNATIONAL AIRPORT CAPACITY EXPANSION



BY JONATHAN DYSON, IN ADDIS ABABA

A NEW airport in Ethiopia is to become the main international hub in the country. With rapidly growing traffic at Addis Ababa Bole International Airport over recent years, plans are underway to build a major new airport that would supersede Bole as the country’s main international airport, while Bole itself would be expanded.…

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EUROPEAN UNION FOOD PRIDUCTION SUPPORT BUDGET COULD FACE BUDGET AXE - OFFICIALS WARN



BY KEITH NUTHALL

European Commission officials have told just-food the European Union’s (EU) annual Euro EUR3.1 billion food production subsidy budget is facing deep cuts. Heads of government will meet November 22-23 in Brussels to agree a 2014-20 spending deal. And officials warn new proposals from European Council president Herman van Rompuy demand additional de facto cuts of 10.8% in all Common Agricultural Policy (CAP) spending – above an already planned 12% reduction.…

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MIDDLE EAST PAINT MARKET KNOCKED BY CONTINUING DISPRUPTION OF ARAB SPRING



BY PAUL COCHRANE, IN BEIRUT

THE UPRISINGS in the Middle East and North Africa (MENA) over the past two years have had a negative impact on the construction and paint sectors, throwing a proverbial spanner in the works when the region was striving to come out of recession.…

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RANDOM HOUSE DEALS TEE UP SALES SURGE IN SPAIN & LATIN AMERICA



BY ROBERT STOKES, IN MALAGA

RANDOM House is bullish about selling more English and Spanish language titles in Spain and Latin America as a result of its planned merger with Penguin Books and outright purchase of Spain’s Random House Mondadori (RHM).…

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EUROPEAN UNION MEAT PRODUCTION SUPPORT BUDGET COULD FACE BUDGET AXE - OFFICIALS WARN



BY KEITH NUTHALL

European Commission officials have warned that the European Union’s (EU) annual Euro EUR140 million meat and livestock market intervention budget is facing deep cuts. Heads of government will meet November 22-23 in Brussels to agree an overall 2014-20 EU spending deal.…

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AMERICAN FRACKING PROMPTS BOOM IN INDIAN GUAR GUM SEED MARKET



BY RAGHAVENDRA VERMA, IN NEW DELHI

IT may seem odd that the development of natural gas and oil fracking in the United States might create wealth for farmers in the arid Indian state of Rajasthan, but it is the case. Seeds of guar or cluster bean (Cyamopsis tetragonoloba), a common vegetable in India, are in demand from America’s growing fracking industry.…

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RANDOM HOUSE DEALS TEE UP SALES SURGE IN SPAIN & LATIN AMERICA



BY ROBERT STOKES, IN MALAGA

RANDOM House is bullish about selling more English and Spanish language titles in Spain and Latin America as a result of its planned merger with Penguin Books and outright purchase of Spain’s Random House Mondadori (RHM).…

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COACHING GETS INTO THE RUSSIAN BUSINESS PSYCHE



BY LENA SMIRNOVA, IN MOSCOW

BUSINESS coaching classes may not require students to swallow pills, don ear muffs and wiggle in straightjackets, but for some Russian businessmen this is a novel practice that appears similar to a traditional psychological experiment. And it is one they are often hesitant to participate in.…

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OPENET EXPLOITS OPPORTUNITIES OF TRANSFORMED TELECOMS LANDSCAPE



BY ROBERT STOKES

STANDING firmly in the middle of the Wi-Fi, cloud, and M2M revolutions has delivered explosive growth for Openet, an Irish based global leader of real-time transaction management software and services.

The middleware firm’s story and strategy neatly illustrates challenges facing operators and the solutions that innovation can provide.…

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FACING WTO DISPUTES, MORE CHINESE MANUFACTURERS TURNING TO EMERGING MARKETS



BY WANG FANGQING IN SHANGHAI

China’s clothing and textile industry – already undermined by rising costs and competitors snapping at its heels – is especially vulnerable to fallout from a World Trade Organisation dispute (WTO) brought last week by Mexico.

It claims that Chinese government subsidies and tax-breaks for its textile and clothing sector break WTO agreements – and if a disputes settlement panel, Beijing will be under pressure to end these.…

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OBAMA AMENDS CAFTA-DR RULE THAT ENCOURAGED AMERICAN TEXTILE MANUFACTURERS TO IMPORT ASIAN THREAD



BY LEAH GERMAIN

US textile industry experts are predicting a boost to the country’s thread manufacturing sector following a reform to a loophole in the US-Dominican Republic-Central America Free Trade Agreement (CAFTA-DR) that had left American producers vulnerable.

The new rule comes into force on Saturday (October 13) and corrects a definition that had encouraged the use of non-US (mainly Chinese and other east Asian) sewing threads in American, Central American and Dominican textiles and apparel production.…

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LEGAL CHALLENGE LAUNCHED AGAINST SEC CONFLICT MINERALS LAW



BY LEAH GERMAIN

THE USA Chamber of Commerce and America’s National Association of Manufacturers (NAM) have launched a legal challenge to a Security and Exchange Commission (SEC) rule requiring companies to list the use of "conflict-minerals" in their product supply-chain. Finalised by the SEC in August, the rule requires US-listed companies to disclose if their products contain minerals, such as tantalum, tin, gold or tungsten, originating from the Democratic Republic of the Congo (DRC) or an adjoining country.…

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SECONDARY PACKAGING SERVES PRIMARY PURPOSE FOR COSMETICS BRANDS



BY MJ DESCHAMPS

DESPITE its name, secondary packaging undoubtedly plays a primary role in the cosmetics and personal care industry: aside from holding and protecting primary packaging during transportation and handling, these boxes, containers and bags all have the important first role of attracting consumers.…

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EXPORTS AND EBOOKS LIGHTEN THE GLOOM IN SPAIN



BY ROBERT STOKES, IN MALAGA

12 SEPTEMBER 2012

SPAIN’s ailing book industry has seen things go from bad to worse throughout 2012 as the country moved centre stage in the Eurozone crisis, government austerity measures hit hard, and unemployment hovered around 25%.…

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LOLLIPOPS LOSING GROUND TO SOFT CONFECTIONARY AND CHOCOLATES



BY KITTY SO

Confectionery consumers worldwide are moving away from the traditional, sugary lollipop to other sweets, driven by health concerns and greater spending power. Market researchers say they are flocking to innovative, functional soft candies offering health benefits while consumers with more money turn to chocolates.…

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VIETNAM: MEAT ON FAST FOOD TRACK TO GROWTH



BY HELEN CLARK, IN HANOI

21 SEPTEMBER, 2012

A FASHION for eating in branded fast food outlets such as America’s KFC is helping to drive increased meat consumption in Vietnam, where pork remains king but chicken dominates menus in quick-meals chains.…

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THE AMERICAS



BY MJ DESCHAMPS, IN CALGARY, AND PACIFICA GODDARD

New demands on North America’s beverage industry are prompting manufacturers, distribution chains and logistics professionals to think more strategically, and make supply chains more efficient. According to the 2011 paper ‘A Taste of Warehouse Automation’ from Retrotech Incorporated – a US company specialising in automated material handling systems – beverage manufacturers are facing a myriad of business pressures impacting on their logistics: "On one hand, globalisation and health-conscious consumers have created remarkable opportunities to develop new products, attract new customers and explore new markets.…

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BRIEFING: LUXURY FIBRES AND FABRICS - HIGH END CLOTHING MARKETS LUXURY TEXTILES: THE LATEST TRENDS



BY MJ DESCHAMPS

CLOTHING labels worldwide are usually a standard read, with fibre names such as ‘cotton,’ ‘nylon’ and ‘polyester’ – apparel compositions which remain generally constant from season to season. When it comes to luxury textiles and apparel, however, there seem to be more evolving trends in terms of fibres used – along with more dynamic changes in supply and demand.…

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BIGGEST EVER USA WHISTLEBLOWER PAYMENT WELCOMED BY SENIOR TAX LAWYER



BY KEITH NUTHALL

THE LAWYER for a banker granted the largest ever US whistleblower payment – of USD104 million – has welcomed improvements to the whistleblower programme run by America’s Internal Revenue Service (IRS). Dean Zerbe was speaking ahead of the IRS decision to reward Brad Birkenfeld, a former UBS banker, who since 2007 has given detailed information to the IRS on how the Swiss bank aided tax evasion.…

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INTERNATIONAL ARCHITECTS TEAM DEVELOP BLUEPRINT FOR NEW GREENLAND AIRPORT



BY LEAH GERMAIN

INTERNATIONAL architects are developing blueprints for an improved international airport in Greenland as the autonomous Danish territory considers economic growth and possible independence in the future. The plans for a multi-modal airport with an air plus harbour component were unveiled at the 13th International Architecture Exhibition in Venice, which runs from August 29 to November 25.…

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LUXURY CLOTHING MARKET PROVES RECESSION PROOF



BY LEE ADENDOORF, IN LUCCA; MINI PANT ZACHARIAH, IN MUMBAI; WANG FANGQING, IN SHANGHAI; AND LEAH GERMAIN

DESPITE the financial storm clouds that have disrupted Europe’s economy over the past few years, the continent’s luxury apparel sector has proved remarkably resilient, with global demand for their products rising.…

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LATIN AMERICA



BY MJ DESCHAMPS, IN CALGARY, AND PACIFICA GODDARD

But while the USA offers a degree of complexity within its states, drinks companies face much sterner logistics challenges in Latin America, Marcelo Nascimento, spokesman for leading New Zealand-owned but international system supplier of carton packaging and filling machines for beverages, SIG Combibloc, which has been focusing on Brazil.…

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ORDERED COPY



BY LEAH GERMAIN

RESEARCHERS in America have revealed a novel way to transport molecules into algae, paving the way to harness such microorganisms to produce commercially viable biofuels, drugs, and other compounds. Algae are an increasingly popular ingredient in drug and vaccine manufacture.…

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EUROPEAN COGENERATION TECHNOLOGY



COGENERATION, or rather trigeneration, units that cooled, heated and powered the London 2012 Olympic and Paralympic games won plaudits if no gold medals for the manufacturer – America’s GE – but neatly symbolised the spread of CHP into mainstream and niche applications.…

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JAPAN'S LUXURY KIMONO SECTOR HAS SHRINK IN SIZE, BUT CORE MARKET IS DEVOTED



BY ROB GILHOOLY, IN TOKYO

Junsaku Koshihara kneels on the tatami mat floor and shows off some of the colourful textiles handcrafted at his family’s atelier in Ome City, north-western Tokyo. Hand-dyed using special hake brushes on hand-woven silk, one shows mandarin ducks sitting on a wind-swept pond sprinkled with cherry blossoms; in another, a red wooden bridge zig-zags across a lake of purple and white lilies.…

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SOLAR COGENERATION



BY ROBERT STOKES

Uncertainty over feed-in tariffs has dogged development of the solar power industry in parts of Europe such as Spain where it once thrived on subsidies.

In concentrated solar power (CSP) arrays, mirrors guided by tracking systems focus sunlight onto a small area where a working fluid becomes hot enough to produce steam to drive electric turbines.…

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RE-SHORING US GARMENT MANUFACTURING IS TOUGH BUT NOT IMPOSSIBLE, SEMINAR HEARS



BY POORNA RODRIGO

MOVES to re-shore the US garment manufacturing sector will not be easy, especially when "price is king" and in an industry where "fast fashion is also cheap fashion," the CEO of US fashion designer Karen Kane told just-style.…

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EUROPEAN COGENERATION TECHNOLOGY



BY ROBERT STOKES

COGENERATION, or rather trigeneration, units that cooled, heated and powered the London 2012 Olympic and Paralympic games won plaudits if no gold medals for the manufacturer – America’s GE – but neatly symbolised the spread of CHP into mainstream and niche applications.…

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IATA BOSS WANTS NEW MEXICAN GOVERNMENT TO BACK DELAYED NEW MEXICO CITY AIRPORT



BY PACIFICA GODDARD

THE INTERNATIONAL Air Transport Authority’s (IATA) Americas airports chief has called on Mexico’s new incoming government to make progress on the long delayed proposals to build a new international airport for Mexico City, the capital.

Indeed, Mexico City International Airport (AICM) is no longer able to accommodate the growing demands of Mexican tourism and trade, and the capital city is in desperate need of a second airport.…

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THE INTERNATIONAL BUTTER INDUSTRY CONTINUES TO SPREAD, DESPITE SOME VOLATILITY



BY MJ DESCHAMPS

DESPITE the global recession, and volatility in the dairy market as a whole, the international butter industry is anticipating long-term growth. Used as a spread, a condiment, or as an important ingredient in baking and cooking, demand for butter has been a significant constant in the global food industry.…

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DEVELOPING COUNTRIES TO DRIVE GROWTH IN MEAT CONSUMPTION: OECD



BY KITTY SO

WORLD meat consumption is outpacing the sale of other major agricultural commodities, especially in developing countries, according to an ‘Agricultural Outlook 2012-2021’ report by the UN Food & Agriculture Organisation (FAO) and the Organisation for Economic Co-operation & Development (OECD).The…

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UGANDA: VETERAN ACADEMIC BRINGS ALTRUISTIC DYNAMISM TO CATHOLIC UNIVERSITY



BY ANDREW GREEN, IN KAMPALA

Uganda is undergoing a higher education boom. The result of introducing universal primary education in 1997 and universal secondary education a decade later is a surplus of students looking for a university placement. Uganda’s 30 public and private universities offer 50,000 spots for qualified secondary school graduates.…

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NUNAVUT LANGUAGE REFORMS AIM TO USE INUKTITUK TO BUILD A PAN-ARCTIC NATION



BY KEITH NUTHALL AND LEAH GERMAIN

AN AMBITIOUS plan is being unrolled across the Arctic – using native Inuit languages and their dialects to build a new cultural nation. Its goal is building linguistic links between the 150,000 Inuit of Canada, Alaska, Greenland and Siberia so that they can read the same newspapers, websites and books and understand films, television and radio, all in their own indigenous language.…

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ARGENTINA'S PROTECTIONIST MEASURES HURT AUTO EXPORTS AND IMPORTS



BY JONATHAN GILBERT, IN BUENOS AIRES

ARGENTINA’S protectionist economic policy and controls on imports are causing difficulties for car manufacturers across South America. Auto production is falling in the country – to a certain extent, because parts are being held up at customs – and overseas producers have taken action by cancelling exports.…

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NEW AUTO MANUFACTURING HUB EMERGING IN WESTERN RUSSIA



BY NICK HOLDSWORTH, IN KALUGA, RUSSIA

CARMAKERS were celebrating on July 4 when the first of four new models rolled off a state-of-the-art production line in a 145 hectare plant in Kaluga, western Russia. The latest in an ongoing expansion of Russia’s auto sector, a bright, clean, airy and surprisingly quiet car assembly plant is surrounded by fields and forests: Peugeot Citroen’s Russian joint venture with Mitsubishi, PCMA Rus has pressed the button to start full scale production that will deliver 125,000 a year vehicles specially designed for the Russian market.…

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BRAZIL'S GROWING MIDDLE CLASSES OFFER MAJOR BOUNTY FOR NONWOVENS PRODUCERS



BY SHEENA ROSSITER, IN SÃO PAULO

WITH Europe and north America’s economies continuing to perform poorly, the importance of large emerging markets as growth areas for the international nonwovens sector is growing, especially as their middle-classes expand. Brazil is a case in point, middle class demand for nonwoven consumer products is helping attract the foreign direct investment required to develop new plants and distribution networks.…

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PNR SYSTEMS: FINDING THE BALANCE BETWEEN PROTECTION AND BREACH OF PRIVACY



BY MJ DESCHAMPS

INTERNATIONAL travel in the last decade has become exponentially more secure, with countries all around the globe having reformed their systems to cope with transnational crime in a post-9/11 world – largely, through the increased collection, processing and legislation of passenger information.…

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BIOFUELS IN CHINA'S AVIATION INDUSTRY: POLICIES AND PRICING PRESSURES



BY MARK GODFREY

AN UNCERTAIN price outlook paired with lack of government policy are the two main factors holding back development of biofuels in aviation, according to key industry players at June’s International Air Transport Association (IATA) annual meeting in Beijing.…

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SLUGGISH ECONOMY DRIVES SPANISH CONSUMERS FROM PREMIUM TO PRIVATE LABEL SKINCARE



BY ROBERT STOKES IN MÁLAGA

THIS year I have abandoned my premium brand sun screen in favour of a Deliplus private label product sold by the Spanish supermarket group Mercadona for around EUR 5.00, saving around EUR 12.00 into the bargain.…

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COMMUNICATING THROUGH CHIAC: BRIDGING BILINGUALISM, OR JUST DAMAGING FRENCH?



BY MJ DESCHAMPS

AT a time where concern is increasing about the transmission to new generations of regional languages across North America and worldwide, in southeastern New Brunswick, young people are embracing a hybrid dialect called ‘Chiac’ – and they find it "right dla fun".…

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EU AUTOMAKERS CAUTIOUS ABOUT IMMEDIATE BENEFITS FROM TRADE DEALS WITH PERU AND COLOMBIA



BY ALAN OSBORN, IN LONDON; AND JONATHAN DYSON, IN LIMA

THE EUROPEAN Union (EU) executive the European Commission is hoping that the negotiation of new free trade agreements (FTAs) between the EU and Colombia and Peru will be the springboard for penetration by European auto-manufacturers into markets that have been pretty well off limits to them in the past.…

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AUTOMOTIVE BIOPLASTICS FUNCTIONAL AS WELL AS ECOFRIENDLY



BY KITTY SO

FORD, Fiat, Mercedes-Benz, BMW, Toyota, Mazda, and Hyundai: the list of car manufacturers switching to bioplastics for internal components is full of heavyweights and growing.

Attracted initially by environmental benefits, car makers and their suppliers now ask what added functionality they can get from non-compostable, bio-based materials.…

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BRITISH ORGANIC EXPERT "VERY DISSATISFIED" WITH ANTIBIOTIC-TREATED LIVESTOCK EXCEPTION UNDER NEW, EU-US ORGANIC TRADE DEAL



BY MJ DESCHAMPS

EUROPEAN meat producers looking to ship their organic products to the United States will be put at a disadvantage under the new European Union (EU)-US organic equivalence agreement – which comes into effect today (June 1) – according to one British organic expert.…

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FASHION TRENDS BECOME HARMONIZED ACROSS BORDERS THROUGH GLOBAL FAST FASHION EXPANSION



BY MJ DESCHAMPS

WHILE cities such as Milan, Paris, New York City, and London have historically been seen as the global ‘fashion hubs’ – acting as meeting spots for high-end designers, fashion shows, luxury retail outlets and fashionistas – the rise of fast fashion has been diffusing that concentration a bit; making cutting-edge trends more accessible to the rest of the world.…

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PERU'S CLOTHING AND TEXTILE PRODUCERS MOVE UPMARKET - A BOON FOR FINISHING CHEMICAL SUPPLYERS



BY JONATHAN DYSON, IN LIMA

PERU’S clothing and textile industry has been moving up market to carve out sales in a sector whose low end continues to be dominated by Asian suppliers, and the country’s dyeing and finishing sector is benefiting.…

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PERU'S CLOTHING AND TEXTILE PRODUCERS MOVE UPMARKET - A BOON FOR FINISHING CHEMICAL SUPPLYERS



BY JONATHAN DYSON, IN LIMA

PERU’S clothing and textile industry has been moving up market to carve out sales in a sector whose low end continues to be dominated by Asian suppliers, and the country’s dyeing and finishing sector is benefiting.…

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INGREDIENT SUSTAINABILITY PROGRAMMES EXPANDING, DESPITE CONCERNS OVER INDONESIAN PALM OIL



BY MARK ROWE

FOR products that are marketed for their ability to sooth and generate the feel-good factor, the sustainable sourcing of cosmetics ingredients causes plenty of headaches for manufacturers and suppliers. The industry is in a period of transition, in which several of the world’s multinationals are engaging in a step change in how they go about sourcing the oils they need, and the public wants.…

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USA AND BRAZIL LAUNCH AIRPORT EXPANSION PARTNERSHIP



BY LEAH GERMAIN

BRAZILIAN airport officials are meeting with US trade and development representatives to discuss a new partnership designed to create new export opportunities for US businesses while helping improve Brazil’s civil aviation infrastructure.

The US-Brazil Aviation Partnership was launched in April and focuses on familiarising Brazilian aviation officials with US technologies, best practice and regulatory approaches regarding airport modernisation.…

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LOTS OF RED TAPE TO SECURE A NURSING JOB IN AMERICA - BUT EXTRA RESPONSIBILITY AWAITS SUCCESSFUL APPLICATIONS



BY LEAH GERMAIN

AS a British nurse, the opportunities to work in other countries are eased by professional agencies helping foreign nurses relocate. Yet, US nursing sector experts fear their country may be overlooked by internationally-educated nursing candidates planning on relocating because long of wait times for working permits and visas.…

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WORLD BANK DISCOURAGES JORDAN TEXTILE INDUSTRY GROWTH



BY KEITH NUTHALL

A REPORT from the World Bank has questioned whether Jordan should continue to back the growth of its textile and clothing industry with significant public money and policy backing. The paper noted that Jordanian textile and textile product exports rose from USD50 million annually before 1999 to USD1 billion in 2010.…

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USDA LAUNCHES NEW ONLINE MEAT LABELLING PROCEDURE



BY LEAH GERMAIN

THE US Department of Agriculture’s (USDA) Food Safety and Inspection Service has introduced a new system that aims to expedite America’s review process for meat, poultry (and egg) product labels. The Label Submission Approval System (LSAS) is a web-based label approval system that allows food manufacturers to submit label applications electronically for approval by the Food Safety and Inspection Service (FSIS).…

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RARE EARTHS SPECIALISTS WELCME NEW US CLEAN ENERGY BILL



BY LEAH GERMAIN

SENIOR American industrial minerals experts have welcomed a new Senate bill that supports clean energy innovation in the United States, which in turn could lead to a significant boost to the country’s blossoming rare earth mining sector. Proposed by Senate energy and natural resources committee chairman, Democratic Senator Jeff Bingaman, the Clean Energy Standard Act of 2012 would tell the country’s largest utilities to sell a certain percentage of their electricity generated by clean energy sources.…

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LACK OF FUNDING HINDERS US MONEY SMUGGLNG DETECTION RESEARCH



BY PACIFICA GODDARD

DESPITE the US government’s great need for new tactics to combat cartel-related money laundering activities, recent budget cuts are limiting the potential development of highly useful tools in this fight – including a bulk currency detector able to sense large quantities of money hidden in speeding vehicles.…

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ENGLISH SPREADS AS TEACHING LANGUAGE IN UNIVERSITIES WORLDWIDE



BY ANDREW GREEN, WANG FANGQING, PAUL COCHRANE, JONATHAN DYSON AND CARMEN PAUN

THE POLITECNO di Milano, one of Italy’s most prestigious universities, will teach and assess most of its degree courses and all its postgraduate ones entirely in English from 2014, UWN reported recently.…

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PERU'S INKABOR DIVERSIFIES AND GROWS AS BORATES MARKET EXPANDS



BY JONATHAN DYSON, IN AREQUIPA, SOUTHERN PERU

PERU’S Inkabor, one of the world’s leading borates producers, is significantly increasing its product range as it capitalises on growing demand in several key sectors, senior managers told Industrial Minerals. Speaking at its Rio Seco boric acid and borax plant in Arequipa, southern Peru, Flavio Magheri, Inkabor managing director, said that Inkabor’s sales grew by 15% in 2011, with 10% growth forecast for 2012.…

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PERU TURNS TO SCIENCE AND TECHNOLOGY TO BOOST ITS TERTIARY EDUCATION



BY JONATHAN DYSON, IN LIMA

The Peru government is strengthening its universities’ science and technology teaching to improve a higher education performance among the weakest in Latin America. Responding to an increasing demand for science and technology graduates within Peruvian industry, the ministry of economy and finance in January launched an ‘Innovation for Competitiveness’ programme designed to boost science and technology links between universities, the private sector, and public and private research centres.…

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MYANMAR'S CLOTHING INDUSTRY HAS TOUGH ROAD TO FOLLOW TO BECOME NEW ASIAN OUTSOURCER



BY KARRYN MILLER AND JEN SWANSON, IN YANGON

MYANMAR’S clothing industry looks set to grow as the country once shunned by the west starts to reform. Following pro-democracy leader Aung San Suu Kyi’s release from house arrest in November 2010, the government has taken steps to boost foreign relations and attract investors from abroad?although…

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MEXICO CLAWING BACK ITS ROLE AS AMERICA'S KEY CLOTHING SUPPLIER



BY JONATHAN DYSON, IN CANCÚN

SIGNS are emerging that Mexico’s textile and apparel industry is reclaiming a growing proportion of the US market as it benefits from an increasing focus on higher-value products and greater diversification. Mexico’s share of the US market, which accounts for around 55% of its textile exports and 95% of its apparel exports, dropped sharply following China’s entry into the World Trade Organisation (WTO) in 2001 and its subsequent domination of the global textile and apparel market.…

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THE PERSONAL CARE PRODUCT INDUSTRY DEVELOPS FAIR TRADE LABELLING



BY MJ DESCHAMPS

FAIR trade labels are no longer something consumers are spotting solely in food stores: many different industries are integrating ethical practices into their supply chain, with personal care products leading the pack. Consumers worldwide have been adding fair trade products to their beauty routines, with fairly traded natural ingredients such as Shea butter, cocoa butter, olive oil, honey, sugar and plant extracts cropping up in body and hair moisturisers, balms, scrubs, cleansers, masks and more.…

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SPAIN VIEWS LONG TERM PRIZE IN LATIN AMERICA



BY ROBERT STOKES, IN MÁLAGA

JUST like El Dorado, the never-was city of gold, Latin America’s 390 million Spanish speakers, are a siren call to Spanish publishers, whose domestic market numbers just 46 million souls. There is even a side bet on 190 million Portuguese speaking Brazilians

Some publishers, lured by these big numbers, have tried and failed in the past, foundering on the reefs of censorship, economic and currency volatility, and the local business culture, though taking forever to get paid – if at all – should not have come as a shock to Spanish firms.…

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BLUE CARIBBEAN SKIES BECKON BRITISH NURSES



BY GEMMA HANDY, IN PROVIDENCIALES, TURKS & CAICOS, AND POORNA RODRIGO

SWAPPING the grey British skies for the sun-soaked shores of the Caribbean might sound like an easy decision to make.

For 56-year-old nurse Anne Males, there was some initial trepidation at how she would cope living on a tiny island with a population of just 25,000, more than an hour’s flight from the nearest major American city.…

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STEEL INDUSTRY WELCOMES NEW US-COLOMBIA FREE TRADE AGREEMENT



BY LEAH GERMAIN

Representatives from the American steel industry have welcomed coming into force next week (on May 15) of the USA’s latest free-trade agreement (FTA), agreed with Colombia.

The president and CEO of the American Iron and Steel Institute (AISI) Thomas J.…

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MEXICO COMPANY CLAIMS USA BROKE NAFTA RULES WITH STEEL PRODUCT DUTY



BY LEAH GERMAIN

MEXICAN steel company, Maquilacero S.A. de C.V., has accused the US Department of Commerce of breaking North American Free Trade Agreement (NAFTA) by imposing unfair antidumping duties on certain metal products exported to the USA. The company has filed a complaint with the US section of the NAFTA Secretariat, which will establish a panel review to adjudicate the case.…

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COMPANIES WORKING IN MEXICO FACE DIVERSE COMMERCIAL CRIME CHALLENGES



BY EDWARD WILSON, IN CANCUN

AMIDST an increasingly complex war on drug trafficking, large overseas businesses in Mexico are at risk not only from the escalating violence but also from a growing range of commercial crimes. Employees who continue to suffer from the recent economic downturn also pose a major threat to employers.…

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ANDES OFFER RICH SOURCE OF LUXURY FIBRES



BY PACIFICA GODDARD AND JONATHAN DYSON, IN LIMA

SOME of world’s most coveted fibres, Vicuña, Guanaco, Alpaca and Llama, all hail from rugged Andean region in South America. Vicuña fibre, known locally and in the trade as the "gold of the Andes" and "the fabric of the gods" is a key part of the global high-end luxury market for rare and superfine fibres.…

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ASSET TRACERS CHEW THE FAT ON OFFSHORE EUROPE



BY ROBERT STOKES

SWITZERLAND just signed a so-called ‘Rubik deal’ with Austria to safeguard Swiss banking secrecy in return for it levying withholding taxes anonymously on undeclared savings and investments held in Switzerland by Austrian nationals.

The bilateral treaty with Austria, start date 2013, follows those with Britain and Germany, and has raised the hackles of the European Commission, which has questioned these agreements’ legality under the European Union (EU) Savings Tax Directive, which tries to erase loopholes allowing depositors to squirrel money away from tax assessors.…

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CANADA'S DUAL IDENTITY FINDS ITS PLACE IN THE INTERNATIONAL PUBLISHING INDUSTRY; BUT FRENCH LITERATURE CAN TAKE A BACKSEAT



BY MJ DESCHAMPS

IN comparison to larger publishing hubs such as France, the USA or Britain, Canada’s literary market has always been regarded as relatively small in global terms. And at a time when the hard copy publishing industry is struggling as a whole, there have been some concerns that Canada’s two official languages – which effectively split an already undersized book market – could be further exacerbating pressures.…

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BUSINESS COACHING GROWING RAPIDLY IN BRAZIL; BUT VARIABLE QUALITY REMAINS AN ISSUE



BY STEPHEN EISENHAMMER, IN RIO DE JANEIRO

BUSINESS coaching in Brazil has been growing significantly in the past few years, with a significant escalation in the number of coaches, coaching companies and training providers. Business coaching has spread rapidly from its beginnings in the Brazilian subsidiaries of big international firms, to big national companies such as industrial conglomerate Votorantim, and even now to many mid-size businesses and the public sector.…

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US UNDERSECRETARY OF COMMERCE PREDICTS NEW US FREE TRADE DEALS WILL BOOSE AMERICAN CLOTHING AND TEXTILE EXPORTS



BY LEAH GERMAIN

THE USA’s Under-Secretary of Commerce for International Trade Francisco Sánchez has told just-style he is optimistic about the impact on the American textile and clothing sector of new bilateral trade deals struck by the Obama administration with South Korea, Panama and Columbia.…

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SOUTH KOREA'S BOOMING SKINCARE BUSINESS CONTINUES TO THRIVE



BY KARRYN MILLER

A STROLL through Myeong-dong, one of Seoul’s busiest shopping districts, gives a good idea of the magnitude of the popularity of South Korea’s cosmetics and skincare industry: according to the Korea Tourism Organisation there are approximately 1,000 cosmetic shops and hundreds of skincare stores within this small quadrant, alone.…

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US PHARMA ASSOCIAIUTON CALLS FOR SOUTH KOREAN REFORMS OVER MEDICINE PRICING



BY KEITH NUTHALL

THE PHARMACEUTICAL Research and Manufacturers of America (PhRMA) organisation has called on the South Korean government to make its system of reimbursing patients for medicines more transparent now the US-South Korea free trade agreement is in force (from March 15).…

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BIOFUEL INDUSTRY CLAIMS SHALE GAS BOOM WILL NOT DENT DEMAND FOR BIO-BASSED LIQUID FUELS



BY MARK ROWE

THERE is a scenario that environmentalists, climate change experts and the renewable oils industry have quietly dreaded for some time: what if – as you painstakingly push for a shift away from fossil fuels – another source of fossil fuels, a new kid on the carbon block, fronts up?…

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CHINA FACES WTO ACTION OVER TUNGSTEN AND MOLYBDENUM EXPORT RESTRICTIONS



BY KEITH NUTHALL

CHINA is again facing another disputes proceeding at the World Trade Organisation (WTO) over its export restrictions on non-ferrous metals – this time on molybdenum and tungsten. The United States, Japan and the European Union (EU) today announced they had formally requested consultations with Beijing over its trade controls on these important metals.…

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INTERNATIONAL FRAGRANCE ASSOCIATION PRESIDENT TALKS TRADE SECRETS



BY DAVID HAWORTH, IN BRUSSELS

‘CELEBRITY’ fragrances have become such a huge industry that even the Pope now has his own eau de cologne – according to Italian perfumer Silvana Casoli, (whose clients include Madonna and the King of Spain), this unique blend reflects the German pontiff’s love of Bavarian forests and their flora and fauna, creating an aura of "peace and tranquility".…

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CASE STUDY: LHH COACHING FOR THE 2016 OLYMPIC GAMES COMMITTEE



BY STEPHEN EISENHAMMER, IN RIO DE JANEIRO

INTERNATIONAL talent solutions company Lee Hecht Harrison (LHH) (which acquired Drake Beam Morin) in September of last year, is currently in the process of being commissioned to offer coaching solutions to Brazil’s 2016 Olympic Games Committee, on the back of LHH’s pioneering success offering coaching to Brazil’s 2007 Pan American Games Committee.…

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STANFORD CASE SHOWS BRASS NECK FRAUDS CAN WORK, EVEN IF THEY LACK SOPHISTICATION



BY LEAH GERMAIN

WITH what was once an estimated net worth of over USD2 billion, R. Allen Stanford was once revered as one of the wealthiest men in America. Yet a Texas court has now heard in detail that his wealth, which he displayed in both opulent and lavish ways, was derived from ill-gotten gains.…

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WASHINGTON APPEALS AGAINST WTO RULING ON COUNTRY-OF-ORIGIN LABELLING



BY KEITH NUTHALL

THE US government is appealing against a World Trade Organisation (WTO) ruling that its country-of-origin rules for various foodstuffs are so tough, they break global trade agreements. Canada and Mexico had successfully brought dispute proceedings against the US over America’s COOL (country-of-origin labelling) rules.…

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QUALITY CONCERNS SURROUND MEXICO'S GROWING PRIVATE TERTIARY EDUCATION SECTOR



BY JONATHAN P DYSON, IN CANCÚN

A rapidly growing number of students in Mexico are attending private universities, but there are increasing concerns about the quality of many of the new institutions. While the majority of Mexican students still attend public universities, with around 2 million students – 70% of enrollment – restrictions on places at public universities have opened up significant opportunities for private institutions.…

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COLUMBIA'S LARGEST AIRPORT NEEDS LONG-TERM FIX



BY PACIFICA GODDARD

COLUMBIA’S largest airport has long needed a new long-term development strategy, and it would appear one is coming, with the US government helping with funding. The El Dorado International Airport, servicing Colombia’s capital Bogotá, has in recent years been oversaturated by the growing number of both passengers and cargo, and no longer has the capacity to effectively meet demands.…

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BRAZIL'S AIRPORTS UNDERGO MAJOR EXPANSIONS IN PREPARATION FOR WORLD CUP



BY SHEENA ROSSITER, IN SÃO PAULO; LEAH GERMAIN AND MJ DESCHAMPS

THE FIFA World Cup never fails to draw huge international crowds to whichever country chosen to play host; boosting tourism and the local economy. However, significant influxes of visitors inevitably strains airport systems – which is why Brazil’s airports are currently undergoing significant expansions to prepare to host the football tournament in 2014, as well as the 2016 summer Olympics in Rio de Janeiro.…

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LABELLING LEGISLATION IS COMPLEX AND VARIED - A CHALLENGE FOR GLOBAL SUPPLY CHAINS



BY KEITH NUTHALL, MJ DESCHAMPS, AND JULIAN RYALL

The management challenge of introducing increasingly sophisticated labels is compounded by the continuing diversity of labelling laws worldwide. These can be a major headache for textile and clothing companies, especially those with global supply chains.…

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7-ELEVEN DENIES RUSSIA EXPANSION



BY MJ DESCHAMPS

DESPITE recent rumours in Russian media that 7-Eleven, the US-based international chain of convenience stores, would be expanding into Russia, the company has denied the claims.

"There is no basis of foundation about 7-Eleven developing in Russia," a spokesperson for the company told just-food from its Texas, USA, headquarters.…

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EU OLIVE OIL INDUSTRY FACING UP TO GLOBAL PRICE FALLS



BY ALAN OSBORN

OLIVE oil growers in the European Union (EU) are currently facing an increasingly frustrating situation: while demand is growing internationally and harvests have been unusually good in recent years, prices are falling at a rapid rate, threatening the livelihood of the thousands of farmers in the main growing countries.…

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CHINESE ANTI-DUMPIUNG AND COUNTERVAILING DUTIES ON AMERICAN CHICKEN CHALLENGED AT WTO



BY KEITH NUTHALL

A WORLD Trade Organisation (WTO) disputes panel has been created to decide whether Chinese anti-dumping and countervailing duties on American broiler chicken exports are legal. Beijing claims that US poultry product producers are both unfairly subsidised and America dumps cut-priced products on the Chinese market.…

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AMERICAN UNIVERSITIES HELP HAITI HIGHER EDUCATION RECOVER FROM 2010 EARTHQUAKE



BY GARRY PIERRE-PIERRE, IN PORT-AU-PRINCE

HAITI: American universities help Haiti higher education recover from earthquake

Garry Pierre Pierre

Two years after suffering from an earthquake on January 12, 2010, that wreaked intense damage on universities, Haiti’s higher education sector has benefited from international efforts that have revamped not only buildings but helped reconstruct curricula.…

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SUSTAINABLE SOLUTIONS AIM TO FACILITATE TEXTILE RECYCLING IN THE APPAREL INDUSTRY



BY MJ DESCHAMPS

REUSING and reprocessing clothing, fibres and scraps is an effective way to create sustainability in the apparel industry – however, textile recycling is currently facing barriers associated with cost, time, and technology. But, with sustainability gaining increasing importance in every industry, many services are being offered by both apparel manufacturers and other clothing and sector organisations to help improve recycling outputs.…

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US NEEDS RAW MATERIALS STRATEGY: INDUSTRY EXPERTS



BY LEAH GERMAIN

MINERAL market specialists are calling for the United States government to step up investment and support for the country’s rare earth mining industry or else the country will lose out on developing important green technologies to competing countries like China.…

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TEXTILE EXPORTERS POISED TO REAP BENEFITS OF RUSSIAWTO ACCESSION



BY MJ DESCHAMPS AND LENA SMIRNOVA

AFTER 18 years of negotiations, Russia has finally gained approval to join the World Trade Organisation (WTO), a key diplomatic move that could have profound consequences for the country’s textile market and industry.

A ministerial meeting of the WTO in Geneva anointed Russian accession on December 16, making the country the WTO’s 155th member.…

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SMOKE BEGINS TO CLEAR IN US COMMODITIES REFORM



BY ROBERT STOKES

THIS is a watershed year for futures and options trading in commodities, including bio-based oils and fats. In America, the Commodities Futures Trading Commission (CFTC), the official watchdog, has just been implementing new rules intended to make it harder for the system to be exploited by financial speculators driven solely by short-term profit motives.…

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INTERNATIONAL CADMIUM IN CHOCOLATE ROW SET TO RUN AND RUN



BY JAMES FULLER

IF evidence were needed to show how globalised the confectionery sector has become – then look at the row between Ecuador and the European Union (EU) over possible EU controls limiting levels of toxic metal cadmium in cocoa powder and chocolate.…

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TOBACCO STOCKS SAFE HAVEN FOR SMALL INVESTORS - BUT INSUFFICIENTLY TASTY FOR HIGH ROLLERS



BY ALAN OSBORN

Tobacco stocks have long been regarded as a safe haven for small investors. But they are currently so stable, speculators shy away. In the long term, however, American investment advisors are warning that tobacco companies may not be such a great bet.…

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Dreamy British Eurosceptics fantasize about UK leaving the EU – but their arguments are weak

By Keith Nuthall, International News Services

Britain’s recent refusal to sign a new European Union (EU) treaty that would impose tougher controls over the level of budget deficits EU governments can run might seem like prudence, given the appalling state of the Euro. But the failure of Britain to negotiate itself a real say in how Eurozone members control public spending poses grave risks for the UK and its financial sector.



By standing aside from this agreement, Britain has cleared the way for Euro-zone members to agree their own financial industry legislation, which could ultimately make it easier for Euro trades to be made in Frankfurt than in London – and that might prove a bitterly expensive pill to swallow.

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KIKKOMAN GROWS STEADILY, EVEN WHILE JAPAN'S ECONOMY STAGNATES



BY JULIAN RYALL

THERE is no single secret to creating the best soy sauce in the world, according to the head of the Japanese company that first produced the seasoning as far back as the 17th century. Rather, the secret is a combination of three things, Yuzaburo Mogi, honorary CEO and chairman of the board of directors of Kikkoman Corp.,…

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COLOMBIA'S GOLD RUSH IS BREEDING GROUND FOR ORGANISED CRIME



BY NADJA DROST

AMIDST a global gold rush spurred on by historically high prices, Colombia, with vast tracts of unexplored gold deposits, is emerging as a major source of the precious metal.

But Colombia’s gold boom is providing the country’s numerous illegal armed groups with sundry new ways to finance their wars as well as launder their ill-gotten profits.…

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GROUNDBREAKING INNOVATION AND BAD WEATHER MARK UNPREDICTABLE 2011 FOR GLOBAL TEXTILE AND CLOTHING SECTOR



BY MJ DESCHAMPS

FROM fabrics that moisturise and kill bacteria to bizarre weather and media scandals, the global style sector in 2011 certainly had its share of unusual news and unpredictable developments.

The year started off with the backlash of December’s massive snowstorms disrupting post-Christmas shopping along the northern east coast in the US, causing an abrupt halt to a two-month spending spree which began at the beginning of November 2010.…

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MANUFACTURING - WINNERS AND LOSERS



BY KEITH NUTHALL

WINNERS

VF

In one of 2011’s biggest deals, US-based VF announced its plans to buy major footwear brand Timberland in a US$2bn takeover. As well as boosting earnings by US$700m a year, the purchase would leverage VF platforms in Europe, Asia and Latin America, and boost e-commerce operations.…

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2011 REVIEW OF THE YEAR - CLOTHING AND TEXTILE SECTOR



BY KEITH NUTHALL

RETAIL – WINNERS AND LOSERS

WINNERS

MARKS & SPENCER

Times may still be tough in its home British market, but M&S showed forward-thinking foresight in 2011- on sourcing transparency and the environment: potential key issues for future consumers.…

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SOURCING - WINNERS AND LOSERS



BY KEITH NUTHALL

WINNERS

TUNISIA

Of all the countries disrupted by the Arab Spring revolts in 2011, Tunisia liberated itself in the swiftest and most business-friendly fashion. This key European supplier rid itself of despotic President Zine El Abidine Ben Ali on January14, and one week later, its textile and clothing sector was back at work.…

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REBIRTH FOR SWEDISH METALS SECTOR AS DEMAND DRAGS OLD INDUSTRY FROM DOLDRUMS



BY GERARD O’DWYER, IN HELSINKI

IMPROVED global commodity prices for metals on world markets has resulted in a new wave of investment in the Swedish mining sector, with part of the surge in the overall capital spend directed at the re-opening of old copper and zinc mines which were shutdown in the 1980s and 1990s due to low profitability rather than a depletion in ore reserve stocks.…

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KNITWEAR NOT ENOUGH TO BRAVE THE CANADIAN CLIMATE



BY MJ DESCHAMPS

WHILE the thought of bundling up in big knit sweater to brave the cold is how knitwear is usually marketed around the world, over in Canada – where winters are trite with snowstorms, and temperatures drop well below zero degrees Celsius – wearing a wool jumper in a blizzard to clean 10 centimetres of snow and ice off your car is not exactly practical.…

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INTERNATIONAL ROUND UP - EU SUGAR QUOTAS TO GO



BY KEITH NUTHALL

THE EUROPEAN Commission has confirmed it is scrapping sugar production quotas across the European Union (EU) in 2015 when proposing a comprehensive reform of the EU’s Common Agricultural Policy (CAP). There have been calls from some member states and MEPs for the quota regime to be renewed, but the Commission has stuck to its guns and will continue with abolition.…

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US CAMPAIGN PUSHES FOR ELIMINATION OF HARMFUL CHEMICALS IN COSMETICS



BY LEAH GERMAIN

THE USA’S Campaign for Safe Cosmetics has claimed 321 cosmetic and beauty product manufacturers selling in America have removed harmful chemicals from their products. The group has been pushing cosmetic manufacturers to avoid what it regards as harmful ingredients banned outside of the USA.…

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EU-ETS SCHEME PROMPTS US AND CHINESE OPPOSITION



BY MARK GODFREY and MJ DESCHAMPS

THE EXTENSION of the European Union’s (EU) emission trading scheme to the civil aviation sector might have been welcomed by environmentalists, but it has upset politicians and industry leaders abroad notably in the United States and China.…

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WHAT GOOD IS RENEWABLE ENERGY IF IT GOES TO WASTE? GROWTH IN ENERGY GENERATION MEANS GREATER NEED FOR STORAGE



BY MJ DESCHAMPS

WITH renewable energy continuing to grow worldwide, concerns about its limited production predictability are growing. That is why energy companies, researchers and engineers are concentrating on developing innovative electricity storage solutions – primarily geared at harnessing energy from renewables – so during periods of low solar irradiance or wind, backup systems can distribute power to the grid.…

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BRAZIL'S DYEING AND FINISHING INDUSTRY FOCUSES ON INNOVATION AND SUSTAINABLITY



BY JILL LANGLOIS, IN SÃO PAULO

BRAZIL’S dyeing and finishing sector is working hard to maintain a commercial edge – especially through environmental good practice – while its key market, the Brazilian textile industry, faces some tough times.

Foreign competition, weak international branding and unhelpful Brazilian government regulations are weakening the textile sector in Brazil: "The industry’s deficit will hit a record USD5 billion [last] year [2011] – we’ve already had to cut 19,000 jobs…" said Aguinaldo Diniz Filho, president of the Brazilian Textile and Apparel Industry Association (ABIT).…

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NOMINUM USES UBIQUITY OF IP ADDRESSES TO SNARE CYBERCRIMINALS



BY KEITH NUTHALL

IN business, traditional security is all about keeping the bad guys out – stopping them stealing your money and property: intellectual and physical. And so it has been with telecommunications and Internet security. Companies have tried to protect their computers, telephones and other electronic communications devices from cybercriminals, unit by unit.…

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WTO TELLS USA TO LOOSEN ITS BEEF AND PORK ORIGIN LABELLING LAWS



BY KEITH NUTHALL

THE WORLD Trade Organisation (WTO) has ruled American beef and pork product origin labelling rules are so tight they breach a global trade agreement. A WTO disputes panel has backed a Canadian complaint about US rules insisting pork or beef products sold in America must be born, raised and slaughtered in the United States to carry a ‘made-in-the-USA’ label.…

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EU ROUND UP - EU PUBLISHES RIG SAFETY STANDARDS



BY KEITH NUTHALL

THE EUROPEAN Commission has proposed its long-awaited package of measures designed to prevent major oil or gas rig accidents that could pollute European Union (EU) waters. They have been collated into a proposed regulation, which would have to be followed to the letter by member states, if the proposal is approved by MEPs and EU ministers.…

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DESPITE TOUGH-SOUNDING OFFICIAL LINE CORRUPTION CONTINUES TO THRIVE IN CHINA



BY MARK GODFREY

THE iPhone 4 and pricey bottles of Bordeaux appear to have become unlikely but essential business tools to crack the China market. "We have staff flying to Hong Kong to get them as soon as they hit the Apple Stores there," explains a European dealmaker who links state-owned Chinese energy firms with Western suppliers of turbines and high-tech tooling machines for the energy sector.…

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ARAB SPRING'S IMPACT ON NORTH AFRICA'S COSMETICS SECTOR



BY MEGAN DETRIE and KACI RACELMA

THE IMPACT of the Arab Spring revolution has rattled though North Africa, leaving no economic sector unscathed – including the personal care products industry. Despite the fact that the growth of the cosmetics markets in countries like Tunisia, Egypt and Libya remains limited in lieu of the year of demonstrations and political upheaval, efforts are currently being made to boost the industry.…

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CONSTRUCTION UNDERWAY FOR NEW ECO-FRIENDLY AIRPORT IN THE GALAPAGOS ISLANDS



BY PACIFICA GODDARD

CONSTRUCTION for a ground-breaking ecology-friendly airport is under way in Ecuador’s ecological paradise, the Galapagos Islands. This is the Ecuadorian government’s latest step towards creating a model for sustainable eco-tourism in the islands, renowned as one of the most bio-diverse regions of the world.…

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FINANCIAL FRAUD IN JAPAN IS ON THE RISE; BUT COMPANIES ARE SLOW TO TAKE ACTION



BY JULIAN RYALL

IN Japan, fraud can be simply so embarrassing, it is swept under the carpet – and that can leave companies prey to fraudsters, especially insiders.

Bill Stewart, a partner and member of the fraud investigation and dispute services department at Ernst & Young ShinNihon LLC in Tokyo tells a cautionary tale.…

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MARKET FOR HEAT STABILISERS PREDICTED TO SHOW MAJOR GROWTH AND GREENING



BY MJ DESCHAMPS

COMMONLY used in industrial and outdoor environments – and exposed to direct heat and ultraviolet light, PVC coatings can very easily be weathered; losing tensile properties, colour and durability. Coatings manufacturers and their clients are increasingly using heat stabiliser additives as a result.…

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UK SOLICITOR GENERAL EYES DEFERRED PROSECUTION AGREEMENTS FOR BRITAIN



BY KEITH NUTHALL

THE UK’S solicitor general Edward Garnier has suggested Britain adopts the system of deferred prosecution agreements (DPAs) for major corporate financial crime, which has shown its worth in the USA. Garnier has highlighted concerns an inability to strike plea bargains in UK was leading major companies to switch jurisdictions and confess crimes in the USA.…

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BRUSSELS APPROVES BRASKEN POLYPROPYLENE PURCHASE FROM DOW



BY KEITH NUTHALL

THE EUROPEAN Commission has removed an obstacle preventing Brazil-based Braskem from becoming the largest polypropylene producer in the USA – approving its purchase of Dow Chemical’s polypropylene business. Brussels, acting as the European Union’s senior competition authority, authorised the acquisition by Braskem America, Inc, the Brazilian chemical giant’s US subsidiary.…

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TURKEY HAS HIGH AMBITIONS TO GROW LARGE OILS AND FATS SECTOR



BY PAUL COCHRANE

TURKEY is the fifth largest importer of oils and oilseeds in the world, with demand being driven by its burgeoning economy, sizable food export industry, and a population of 74.8 million people. But while its demand for vegetable oils is outstripping local production, in olive oil production the country has set its sights on rising up the global rankings from its current fifth place to become the second largest producer.…

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TURKS & CAICOS ISLAND S - PARADISE LOST TO CORRUPTION



BY GEMMA HANDY

Endemic corruption in a British overseas territory, compounded by claims of bribery and fraud, saw its constitution suspended and it returned to direct UK rule.

The Turks & Caicos Islands are now being prepared for a return for responsible government, but are sufficient checks and balances in place to prevent a backslide to commercial crime?…

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AMAZON PLAYS A LONG GAME IN SPAIN



BY ROBERT STOKES

AMAZON’s arrival in Spain has lit a slow flame under the soles of Spanish booksellers, but the e-tailer faces obstacles to growth that do no afflict it in the UK and America. Amazon.es launched September 15 and will be hot gossip at the LIBER Madrid International Book Fair, the main platform for publishers of works in Spanish, which begins October 5.…

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SCOTLAND SEEKS TO BECOME A KEY EUROPEAN PLAYER IN GREEN ENERGY



BY ROBERT STOKES

NATIONALISM and the energy industry have made uneasy bedfellows throughout history, yet Scotland is attracting substantial international investment in renewables despite having, since May and for the first time, a majority government committed to winning independence from the UK.…

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GROUP BUYING GOES NICHE WITH FOOD DISCOUNT WEBSITES



BY MJ DESCHAMPS

GROUP buying’ is the new Internet-based system for food manufacturers that allows them to sell direct to consumers, potentially bypassing retailers altogether. Offering bargains appealing to post-recession frugality and tapping into the popularity of social media, ‘group buying’ deal-of-the-day websites such as Chicago-based Groupon and Washington DC-based LivingSocial are becoming increasingly popular for all consumer goods and services in Europe and north America, and spawning niche imitators specialising in food and drink.…

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EUROPEAN TELCO MAJOR FIGURES SHOW KEYS TO GROWTH



BY LEE ADENDORFF

THE growth of data revenues and emerging markets contrasted with lacklustre domestic business, particularly in southern Europe, have dominated latest financial figures from the EU’s ‘big five’ telcos – Telecom Italia, Telefónica, France Telecom, Deutsche Telekom and Vodafone.…

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ANALYSIS: TELCO VENDORS AND EQUIPMENT MANUFACTURERS CONSOLIDATE BUSINESS, CONCENTRATE ON SMARTPHONES IN THE FIRST HALF OF THE YEAR



BY MJ DESCHAMPS

STIFF competition both domestically and abroad, paired with mature markets in western economies, explain lacklustre first half financial figures from mobile telecommunications manufacturers and from telecoms equipment vendors, analysts say.

Selected results for H1 2011 illustrate what happens when manufacturers fall behind in introducing competitive mobile phones.…

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WORLD BANK CALLS FOR REFORMS TO BOOST LATIN AMERICAN FREIGHT TRAFFIC



BY KEITH NUTHALL

THE WORLD Bank has called on Latin American and Caribbean countries to reform their aviation systems and technology to boost predicted slow growth of air freight. A report predicts cargo traffic between the Latin America/Caribbean and the United States – the most important destination market – will grow 5.8% annually between 2010 and 2027.…

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ROTTERDAM - EUROPE'S PORT GIANT FOR WASTE MATERIALS HANDLING



BY MINDY RAN

ROTTERDAM is already Europe’s largest port and hence of importance for the import and export of waste materials from and to the European Union (EU) and this role is to strengthen.

For Rotterdam, the world’s fourth largest industrial port, behind China’s Shanghai and Ningbo, then Singapore, already utilises 26,000 acres, of which 12,500 acres are commercial sites and 13,500 acres water docks, rail lines, roads and pipeline zones.…

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DRINKS IN 20 YEARS: FUNCTIONALITY, HEALTH AND INDIVIDUALISATION TO REIGN



BY MJ DESCHAMPS

In 20 years’ time, consumers might be looking back on today’s beverage market and laughing at the fact that people were once buying drinks just because they were thirsty.

"We’re going to start seeing a whole lot of new, nutritional ingredients popping up in our drinks soon – functionality will be the biggest theme in 20 years," said Tom Pirko, president of California-based international food and beverage advisory firm Bevmark LLC.…

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CONSTRUCTION FOR INDIAN-EGYPTIAN PET PLANT UNDERWAY



BY DAVE YIN

FOLLOWING months of delays due to civil unrest, construction is in full swing for Egypt’s first polyethylene terephthalate (PET) plant, one that is expected to bolster Egypt’s economy by satisfying indigenous demand, as well as supplying exports.

Joint venture Egyptian Indian Polyester (EIPET) saw its foundation stone laid June 23 in Ain Sokhna, in Egypt’s northern Red Sea region, Nitin Puranik, managing director and chief executive officer of the new company told European Plastics News.…

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PACIFIC OCEAN RARE EARTHS COULD BE PROHIBITIVELY EXPENSIVE TO RECOVER WARN EXPERTS



BY KEITH NUTHALL, DAVE YIN and WANG FANGQING

A GOOD deal of excitement has been created by the announcement this week in the UK academic journal Nature Geoscience that significant deposits of rare earths have been found in the Pacific Ocean floor.…

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VF ASIA BOSS IS RELIEVED AT COTTON PRICE FALL



BY MARK GODFREY

COTTON prices have eased in 2011, lifting the price pressure on major brands, according to VF Asia Pacific president Aidan O’Meara. The Hong Kong-based executive, who oversees 30 brands in the region, says it was the first time in 19 years at VF that he had seen inflation of production costs.…

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SMALL SUB-SAHARAN AFRICAN COUNTRIES FACE TOUGH OBSTACLES IN CREATING EFFECTIVE ANTI-MONEY LAUNDERING SYSTEMS



BY LEAH GERMAIN and ALYSHAH HASHAM

THE SMALL West African country of Guinea Bissau has seen its share of bloody coups, and is known as a cocaine smuggling hub between Latin America and Europe. Continued lawlessness and corruption in the country helped forced the European Union (EU) to withdraw support from security sector reform in 2010.…

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INDIA TEXTILE MINISTRY CHIEF OFFICIAL PREDICTS INDIAN CLOTHING EXPORT BOOM



BY RAGHAVENDRA VERMA

INDIA’S textiles ministry’s top official Rita Menon has predicted at a conference of Indian clothing exporters the country’s garment exports would rise to US dollars USD14 billion for the year to March 2012, 26% higher than the previous year.…

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US TEXTILE INDUSTRY WANTS 'YARN FORWARD' PROVISION IN PACIFIC TRADE DEAL



BY MJ DESCHAMPS

THE UNITED States Trade Representative has proposed a ‘yarn forward’ rule within negotiations for Washington to join the Trans-Pacific Partnership (TPP) Agreement, to protect the US textile industry from Vietnam’s state-subsidised textile enterprises. America and Vietnam want to join the TPP, currently including Brunei, Chile, New Zealand and Singapore.…

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EMERGING BEVERAGES MARKETS DEVELOP INCREASINGLY EXPENSIVE TASTES



BY WANG FANGQING, MINI PANT ZACHARIAH, PACIFICA GODDARD and MARK ROWE

WITH average incomes in the world’s emerging markets starting to approach western levels – at least in major urban areas – drinks companies are catering to increasingly expensive and refined tastes.…

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SUBSIDIES HELP PUSH FORWARD CHINA'S SUSTAINABLE GREEN ENERGY SECTOR



BY MARK GODFREY

SOFT loans from a cash-rich bevvy of state banks; direct payments to help build manufacturing bases; and tax breaks for firms using local components – these are all forms of state support currently helping China’s wind turbine and solar panel makers capture global market share.…

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MIDDLE EAST OFFERS ALTERNATIVE QUALITY CHOCOLATES TO GLOBAL MARKETS



BY PAUL COCHRANE

THE MIDDLE East’s confectionery market (including the Gulf, the Levant, Egypt (but not elsewhere in north Africa), Iraq Iran, Turkey and Israel) was valued at US dollar USD113 billion in 2009, while annual chocolate sales exceeded USD4.2 billion, according to USA-based TNS Media Intelligence.…

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GLOOMY OUTLOOK FOR FREE TRADERS IN KNITTING SECTOR - BUT EU ORIGIN LABEL PLANS DROPPED



BY KEITH NUTHALL and DAVE YIN

THIS has been the year where the European Union (EU) considered imposing a draconian origin labelling law that would have been a major headache for knitwear manufacturers and retailers. In the winter, the European Parliament was seriously discussing insisting on a regulation forcing knitwear and crocheted clothes and accessories imports into the EU to carry country of origin labels.…

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C-STORES REMAIN KEY TO BRANDED DRINKS MARKETING SUCCESS



BY MARGUERITE-JEANNE DESCHAMPS, MINI PANT ZACHARIAH and WANG FANGQING

Convenience stores in developed markets remain a much sought after retail outlet for beverage manufacturers. They are widespread, always open, and their limited product selection allows consumers to easily pick out their favourites and discover a new drink being promoted by marketing departments.…

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INTERNATIONAL SIZING STANDARDS EXPAND: BUT THERE IS STILL ROOM TO GROW



BY KARRYN MILLER

WHILE the goal for many clothing manufacturers and brands is to gain an international presence, there is a key risk associated with selling the same designs in different global markets – the more far and wide that clothing designs go, the more shapes and sizes they must come in.…

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AS THE POPULATION'S WAISTLINES CHANGE OVER TIME, SO DOES SIZING



BY KARRYN MILLER

IT is a no-brainer that factors such as age, diet, culture, and exercise all contribute to a person’s size; however, sizing research over the years shows that there is a link between how tall or wide a person is and the decade of their formative years.…

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OECD AND FAO SAY HIGH FOOD PRICES HERE TO STAY



BY KEITH NUTHALL

A major international report has predicted food commodity prices will be much higher this decade than in the last. The Organisation for Economic Cooperation & Development (OECD) and the Food & Agriculture Organisation (FAO) have projected maize costs will be almost 20% higher this decade on average, and rice more than 15% higher.…

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3D FASHION MARKETING HAS GARNERED GOOD PRESS, BUT STILL NEEDS TO BE PERFECTED, SAY EXPERTS



BY MJ DESCHAMPS

WITH 3D technology selling movies and electronics, it only makes sense that fashion marketing is focusing on this cutting edge trend. Certain brands are currently exploring ways in which 3D technology can enhance everything from their couture shows to advertisements to e-business; but while the drive for innovation is there, some industry experts are saying that technology still has a way to go before 3D fashion marketing and online fitting rooms are mainstream.…

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FUKUSHIMA RADIATION LEAK HIGHLIGHTS THE NEED FOR MORE NUCLEAR INDUSTRY ROBOTICS



BY MJ DESCHAMPS

WHILE Japanese engineers have built robots over the years that resemble pets, play football, and mimic human facial expressions, when the Fukushima nuclear plant starting emitting radioactivity after the recent tsunami, Japan had to look overseas for robots to help heal the damaged plant.…

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HAITI AIRPORT FOCUS OF NATIONAL DEVELOPMENT IN POST-EARTHQUAKE FUTURE



BY GARRY PIERRE-PIERRE and KEITH NUTHALL

IT is more than 18 months since the earthquake that ravaged Haiti seriously damaged Toussaint L’Ouverture International Airport in Port-au-Prince, notably its air traffic control tower, rendering it unusable. The airport suffered structural damage to its terminal building walls and there were some major electrical faults.…

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RICH WORLD SEES RISE IN OFF SALES AS ON SALES DECLINE



BY MARGUERITE-JEANNE DESCHAMPS, MINI PANT ZACHARIAH and WANG FANGQING

While sales of alcohol in pubs and bars in North America, Europe and the UK have seen a steady decline since the global economic downturn, experts are saying the shift from on-trade to off-trade sales of alcohol has not really had a financial impact on the alcoholic beverage industry as a whole.…

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BIOFUELS PROGRESS IN CHINA RESTRAINED BY LACK OF FEEDSTOCK AND GOVERNMENT INFIGHTING



BY MARK GODFREY

THE ENDLESS undulating hills of southwestern China’s Yunnan province may represent the future of biofuels in the country. These sparsely populated, red-soiled hills of pine and scrub are being touted as the place to grow feedstocks such as jatropha to make up for a clamp-down in using edible alternatives such as corn, rice and wheat.…

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US BIOMETRICS POLICIES TO ENHANCE SECURITY, SPEED UP TRAVEL



BY KARRYN MILLER

WITH the heightened threat of terrorism post-9/11, America has undertaken a number of measures to tighten its current airport security operations. However, these increasingly strict measures have often come at the expense of passengers’ time and patience, with lengthy queues and – what some believe to be – invasion of privacy turning people off air travel.…

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NEW CENTRAL ASIA FATF PUSHES ANTI-MONEYLAUNDERING PROGRESS IN REGION



BY MARK ROWE and KEITH NUTHALL

CENTRAL Asia is often in the news regarding political instability, and the complexity of the region’s borders and ethnicities make for an opacity that can encourage the growth of organised crime. Also, being far from the centres of anti-money laundering activities and standard setting – in Europe, north America and east Asia, the region’s often authoritarian governments have a poor reputation regarding the enforcement of law and judicial probity.…

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FORGING 10 COUNTRIES INTO ONE ASEAN MARKET IS TOUGH TASK FOR SOUTHEAST ASIA COSMETICS INDUSTRY



BY KARRYN MILLER

THE ASSOCIATION of Southeast Asian Nations (ASEAN) covers 10 distinct countries, each with a unique culture, mirroring the personal care product markets of the European Union (EU). However, these nations do share some similarities – and maybe more than northern, southern and eastern Europe, especially when it comes to what ASEAN consumers have inside their cosmetics cabinets.…

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LATIN AMERICAN COSMETICS MARKET SURGES IN GLOBAL IMPORTANCE



BY PACIFICA GODDARD

LATIN America is proving to be one of the most intriguing and exciting markets globally for beauty and personal care products. "The Latin American cosmetic market grew 20% in 2010, so now it is a market of US dollars USD64 million – almost as big as the north American market," said Mr Jaime Concha Prada, who recently served as president of CASIC, the Chamber of the Latin American Cosmetics Industry.…

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EU MINISTERS ASKED TO EXTEND USA BIODIESEL DUTIES TO CANADIAN BIOFUEL



BY KEITH NUTHALL

European Union (EU) member states have been asked to approve extending import duties on US-made biodiesel after hearing evidence that US exporters had been evading special EU import tariffs imposed in 2009 by shipping via Canada or mixing it with weaker blends.…

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ESTABLISHMENT OF INTERNATIONAL ACCOUNTING STANDARDS SHOULD HELP ANTI-MONEY LAUNDERING PROBES



BY ALAN OSBORN, KEITH NUTHALL and RAGHAVENDRA VERMA

THE INTRODUCTION of new global accounting standards through the adoption of International Financial Reporting Standards (IFRS) which began some five years ago and will take 10 or more years to achieve is a massive undertaking which will revolutionise corporate bookkeeping and lead to an international standard matrix of values allowing for much greater transparency and facilitating country-by-country financial comparisons.…

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GREEN PACKAGING DEVELOPMENTS AND DEMAND GROWS IN THE BEAUTY INDUSTRY, DESPITE SLOW RECOVERY FROM RECESSION



BY MJ DESCHAMPS

WITH waste regulations becoming increasingly tight worldwide, and consumers’ environmental consciousness growing, the global personal care product industry has taken note of the lean towards ‘green’, and is starting to reduce packaging complexity.

This is despite leading organic products marketing research firm Organic Monitor recently releasing a not-so-optimistic report on sustainable packaging in the beauty sector – saying that although packaging has the highest environmental footprint within the realm of cosmetics products, it appears to be largely ignored when beauty companies look at sustainability.…

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PRINT INSPECTION NO LONGER AN AFTERTHOUGHT IN CONVERTING



BY MJ DESCHAMPS

IN print production, inspection has traditionally taken place at the very end of the converting chain, once an entire batch of processed material has come off the presses. Errors are commonly found at this final stage in the printing process, and because of this, printers have traditionally produced a surplus of printed material to deal with the inevitable erroneous products.…

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LEBANESE-CANADIAN BANK DESIGNATED A PRIME MONEY LAUNDERING CONCERN



BY PAUL COCHRANE

EARLIER this year, the Lebanese-Canadian Bank (LCB) was designated by the United States as a prime money laundering concern, for alleged connections to drug traffickers and acting as a financial conduit for Lebanese political party Hezbollah, which Washington considers a terrorist organisation.…

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BRICM MARKETS OFFER RETAIL GROWTH TO GLOBAL FASHION SECTOR



BY WANG FANGQING, RAGHAVENDRA VERMA, MARK ROWE and PACIFICA GODDARD

THE BRICM countries (Brazil, Russia, India, China, and Mexico) have long been regarded as sources of cheap quality fabrics and clothes, but as they grow wealthier they are increasingly being regarded as vital international export markets.…

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COPA-COGECA WARNS EUROPE'S BEEF SECTOR COULD BE DEVASTATED BY PLANNED MERCOSUR DEAL



BY KEITH NUTHALL

A ROW has broken out between the European Commission and European Union (EU) food and farm federation Copa-Cogeca over its claims a planned trade deal with South America’s Mercosur would destroy Europe’s beef sector.

The Commission’s trade spokesman John Clancy told just-food such allegations were "exaggerated".…

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ECO-TEXTILE RETAILERS WALK A FINE LINE WITH CUSTOMERS



BY EMMA JACKSON

CLOTHING and accessory consumers are fickle at the best of times, and trying to nail down their desires in the growing eco-fashion niche market is proving especially difficult as the industry moves toward environmental responsibility.

On the one hand consumers, (especially young people in mature western markets), are increasingly aware of the environmental and social footprints of fashion and textile production.…

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FOOTBALL, THE BEAUTIFUL GAME FOR MONEY LAUNDERERS WARN FINANCIAL EXPERTS



BY MARK ROWE, ALAN OSBORN and PAUL COCHRANE

IT may be no coincidence that football (or soccer as it is known by north American readers) is generally regarded as corrupt by law enforcement agencies and has chosen to stage two of its next major spectacles – the 2012 European championships, and the 2018 World Cup, in Ukraine and Russia.…

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WHO, USA AND CANADA LET PUBLIC PLACE FIREPLACES OFF THE HOOK REGARDING HEALTH RULES



BY ALAN OSBORN

At first sight the World Health Organisation (WHO) might be thought a tad hypocritical in waging a campaign against tobacco smoking through its Tobacco Free Initiative (TFI) but leaving out of it any action against the smoke from open fireplaces in bars, hotels and restaurants.…

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INCREASING SPEED IS THE CURRENT FOCUS OF BAG AND SACK CONVERTERS



BY MJ DESCHAMPS

AS companies are constantly trying to appeal to consumers by offering attractive and practical new packaging innovations, bag and sack converters are also continually looking for new ways to make the converting process as seamless and state-of-the-art as possible.…

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BRAZIL'S LUXURY CLOTHING MARKET STARTS TO DEVELOP TASTE FOR LOCAL PRODUCTION



BY PACIFICA GODDARD

BEING beautiful is a full-time occupation for many Brazilians, and clothing retail necessarily benefits from their dedication – as their country grows wealthier, its luxury clothing market can only grow.

In 2010, AT Kearney rated Brazil as the number one developing apparel market in the world, due to rising incomes and a youthful population (60% under the age of 30), unusually fascinated with fashion.…

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GLOBAL CLOTHING RETAIL TRENDS SHOW GREAT DIVERSITY AS ECONOMIC RECOVERY ACCELERATES



BY LEE ADENDORFF

For some it was a total disaster, for others a bump in the road, but the recession left no part of the clothing and textile retail sector unscathed. World Trade Organisation (WTO) statistics from 2009 show that while globally important manufacturing jurisdictions such as China and the European Union (EU) suffered 11% and 15% drops respectively in clothing exports, countries such as India, Vietnam and Bangladesh lost just a couple of percentage points and in India’s case, exports remained stable.…

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UNEP CALLS FOR GLOBAL ACTION ON MARITIME PLASTICS POLLUTION



BY KEITH NUTHALL

THE UNITED Nations Environment Programme (UNEP) has called for global action to tackle the growing problem of plastics pollution in the world’s seas and oceans. Its 2011 year book highlights "persistent, bio-accumulating and toxic substances" associated with plastic marine waste as "a new and emerging concern".…

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WEST COAST US SCIENTISTS EMBARK ON MAJOR CCS RESEARCH PROJECT



BY PACIFICA GODDARD

THE USA Environmental Protection Agency’s (EPA) hope of regulating greenhouse gas emissions is putting a damper on investment in new coal plants in the United States. However there is some hope that coal could become clean enough to cohabit with future American emissions rules through carbon capture and sequestration (CCS) technology and tests are now underway in America to demonstrate its effectiveness.…

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SUSTAINABLE FASHION BRINGS UNIQUE BUSINESS CHALLENGES



BY EMMA JACKSON

THE GLOBAL fashion and textile market has increasingly been influenced by green marketing buzzwords such as ‘organic’, ‘fair trade’ and ‘sustainable’, with the market for ethical and environmentally-friendly fashion growing slowly despite many challenges.

Assessing the size of this sub-sector is a tricky business, given there is no international standard about what is green and what is not green.…

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SHANGHAI REACHES OUT TO THE IVY LEAGUE, GEARING UP FOR ELITE EDUCATION



BY WANG FANGQING

CHINA: Shanghai reaches out to the Ivy League

Wang Fangqing

Full report on the University World News site

CHINA: Shanghai reaches out to the Ivy League

Wang Fangqing

China’s largest city Shanghai has been successfully pushing for western universities to establish branches serving Chinese as well as foreign students.…

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STATOIL COOPERATION DEAL WITH UN INDUSTRIAL DEVELOPMENT ORGANISATION



BY KEITH NUTHALL

NORWAY oil and gas company Statoil has signed a cooperation agreement with the UN Industrial Development Organisation (UNIDO) to together develop natural gas and biomass resources in sub-Saharan Africa, plus central and south America. Projects could involve the creation of private-public partnerships involving Statoil and UNIDO.…

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New updated textile e-book offers invaluable resource

By Emma Jackson, International News Services

Global news agency International News Services Ltd – in association with world-leading business publisher Aroq Ltd - has released a major new e-book compiling global textile regulation news and analysis since 2001. This comprehensive 187 page report offers clothing and textile companies, consultants and lobbyists a survey of the sector’s rapid evolution to a free, global market in the last 10 years. The report is a detailed backgrounder of the last decade’s textile policy, collected and arranged in a concise document with monthly summaries to direct and help select topics and an essential background brief for marketers seeking to break into new markets, or lobbyists wanting to understand the rationale behind trade regulations they want changed.



The document, available from International News Services and via Aroq Ltd’s prestigious industry news service just-style.com is a must-have for business, policy makers and stakeholders in the textile industry, according to Keith Nuthall, editor of International News Services. “No where else will you find such a comprehensive regulatory history compiled into one document,” he said.…

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BRAZIL EMBARKS ON MAJOR OIL AND GAS PIPELINE NETWORK EXPANSION



BY PACIFICA GODDARD

PETROBRAS, Brazil’s national oil company, has been heavily investing in pipeline technology via a large-scale project to expand its pipeline network. This investment of time, energy and money has put Brazil on the cutting edge of global pipeline technology developments.…

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LEVENTINE OLIVE OIL PRODUCTION PUSHING TOWARDS MODERNITY



BY PAUL COCHRANE

OLIVE oil production in the Levantine counties of the Middle East has moved away from traditional methods to bolster exports and develop domestic sales. But where Syria has risen to be the fourth largest producer in the world, Jordan’s modernisation of the sector is being undermined by cheap smuggled olive oil from Syria, and Lebanon needs major investment to bring the sector up to speed.…

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ITALIAN CRIME FIGHTERS STEP UP FIGHT AGAINST FAKE FASHION GOODS



BY JOSEPHINE MCKENNA, in Rome

ON the face of it the record is impressive. In the past 12 months Italian customs officials and other agents have carried out raids on counterfeiters from Milan in the north to Taranto in the south, seizing millions of euros’ worth fake fashion merchandise.…

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KIRIN BEER TO TEST MARKET NEW BEER IN THE USA



BY WANG FANGQING

Major Japanese brewer Kirin Brewery Company is to test the American market its non-alcoholic beer ‘Free’ in March. Priced between US dollars USD3 to USD5 per bottle (334ml), ‘Free’ will be initially sold in over 1,000 restaurants in west coast cities, notably Los Angeles, with motorists a key target.…

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MAVERICK AIRLINES PUSH FORWARD ON E-CIGARETTE SALES, WHILE MAIN CARRIERS WAIT FOR FDA APPROVAL



BY ALAN OSBORN

Maverick airlines push forward on e-cigarette sales

Major low-cost airlines in Europe are consolidating their e-cigarette sales to passengers. But the taboo against public smoking makes smokers shy of ‘lighting up’ in the cabin – they dive into the toilets if they smoke on board.…

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ECUADOR VENTS FURY ON FATF CRITIQUE, THEN QUIETLY DOES ITS BIDDING



BY PACIFICA GODDARD

FOR those doubters who claim the world’s senior anti-money laundering/combating the financing of terrorism (AML/CFT) organisation the Financial Action Task Force (FATF) does not have much clout, a look at the case of Ecuador makes instructive reading. Last February, the Paris-basedFATF issued a stinging criticism of this South American country, with a public statement officially listing Ecuador as a country with serious AML/CFT deficiencies, along with such dubious fellow travellers as Angola, Ethiopia and North Korea.…

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ASIA/PACIFIC DEMAND FOR WATERBORNE COATINGS ECLIPSES PLATEAUING WESTERN MARKET



BY MJ DESCHAMPS

Driven by consumer preference and regulation, the replacement of solvent based coatings with water-based ones has been a slow but steady process, beginning in earnest at the turn of the century in the USA, followed by Britain and Europe.…

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IATA CHIEF CALLS FOR SECURITY OVERHALL BASED ON PASSENGER PROFILING



BY DANIEL PRUZIN

THE GLOBAL airline industry is spearheading a push for an overhaul of airport screening procedures which would use passenger profiling as a way to speed people through airport security checks, the head of the International Air Transport Association (IATA) has said.…

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FINNISH BIOFUELS ARE FUELS FOR THOUGHT



BY JOHN PAGNI

NORDICS take their global civic responsibilities seriously – paying more than mere lip-service to requests to cut global warming emissions especially. Finland is a case in point, putting its money where its mouth is when it comes to renewable fuels.…

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CLIMATE CHANGE INCREASES SHIFTS INFECTIOUS DISEASES WORLDWIDE



BY ALYSHAH HASHAM

AS negotiators at the recent United Nations climate change conference in Cancun wrapped up their work, one problem concentrating minds enough to secure a partial deal was the spread of disease on the coat-tails of global warming. Infectious diseases are spreading to regions where they were previously absent, driven by warmer temperatures and changing rainfall patterns.…

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British local authorities should gain immigration powers



By Keith Nuthall

With the British general election looming this week and the prospect of a change in government, one issue seems to electrify UK electors and politicians above all others, and that is immigration. In a sense, this is not surprising.…

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CLIMATE CHANGE INCREASES SHIFTS INFECTIOUS DISEASES WORLDWIDE



BY ALYSHAH HASHAM

AS negotiators at the recent United Nations climate change conference in Cancun wrapped up their work, one problem concentrating minds enough to secure a partial deal was the spread of disease on the coat-tails of global warming. Infectious diseases are spreading to regions where they were previously absent, driven by warmer temperatures and changing rainfall patterns.…

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FIRST WORLD ENVIRONMENTAL CONTROVERSIES HARM THIRD WORLD HEALTH



BY KATHERINE DUNN

WELL-MEANING environmental health campaigners can kill innocent victims through unintended consequences of their positions. Whether it is opposing the use of malaria killing insecticide DDT or opposing the use of vaccines, such campaigns open environmentalists to criticism because they are opposing the use of proven disease control methods.…

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IATA CHIEF CALLS FOR SECURITY OVERHALL BASED ON PASSENGER PROFILING



BY DANIEL PRUZIN

THE GLOBAL airline industry is spearheading a push for an overhaul of airport screening procedures which would use passenger profiling as a way to speed people through airport security checks, the head of the International Air Transport Association (IATA) has said.…

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IATA CHIEF CALLS FOR SECURITY OVERHALL BASED ON PASSENGER PROFILING



BY DANIEL PRUZIN

THE GLOBAL airline industry is spearheading a push for an overhaul of airport screening procedures which would use passenger profiling as a way to speed people through airport security checks, the head of the International Air Transport Association (IATA) has said.…

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POLITICAL SENSITIVITIES OVER NATIVE RESERVES HELP FUEL US-CANADA TOBACCO SMUGGLING



BY EMMA JACKSON, MJ DESCHAMPS

Political sensitivities over native reserves help fuel US-Canada tobacco smuggling

Illicit tobacco manufacturing on Mohawk territory that spans the US-Canada border between Montreal and Toronto is helping fuel smuggling, claims the Canadian police. Native authorities call on tobacco consumers to avoid contraband tobacco, because it strengthens organised crime.…

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COMPANIES COMPETE TO CREATE FASTER CHARGERS FOR ELECTIC CARS



BY DEIRDRE MASON

As governments wake up to the need of establishing an infrastructure of charging points for electric vehicles (EVs), commercial players are offering anything from the expertise to set up the network down to the individual chargers. Some innovations will clearly make life a lot easier for those with the job of making the EV marketable.…

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ELECTRIC VEHICLE CHARGING NETWORKS MAY START GROWTH IN PRIVATE HOMES



BY DEIRDRE MASON

AS the market for electric vehicles (EVs) picks up, the infrastructure for recharging them will inevitably have to keep pace – so, according to US-based consultants in global clean technology markets Pike Research (NOTE: CORRECT), there will be around 4.7 million EV charging units operating worldwide by 2015.…

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EUROPE: University experts seek commercial research success



BY David Haworth

Too few universities teach about turning science into specific products to be sold on the markets and lack entrepreneurship departments which instruct ways in which ideas can be turned into money. Dr Bernd Huber, president of the Ludwig-Maximilians-University, Munich, tells an audience of some 300 researchers attending a Brussels conference on the future of Europe’s science and technology.…

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TAINTED TOBACCO LEAVES GENERATE CHINA PUSH TO RESTORE POLLUTED SOIL



BY WANG FANGQING, ALAN OSBORN

Tainted tobacco leaves generate China push to restore polluted soil

A new report has warned that Chinese tobacco plants are sucking up heavy metals from contaminated soils. The Chinese tobacco industry is challenging the findings, and analysts predict sales will not be weakened.…

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CHINA ADOPTS GLOBAL ACCOUNTING STANDARDS, BUT SECTOR NEEDS ROOT AND BRANCH REFORM



BY MARK GODFREY

Albert Ng, Ernst & Young

Managing partner and chairman of E&Y’s China business, Hong Kong native Albert Ng has over 25 years of professional experience in the accounting industry in China and Australia. That background will be valuable as he moves the firm on from an embarrassing settlement over its auditing of Akai Holdings, a bankrupted Chinese electronic manufacturer and retailer.…

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EU ROUND UP - ECHA WARNS OF FAKE SMALL CHEMICAL BUSINESS FEE PROBE



BY KEITH NUTHALL

MEDIUM-sized and large paint and coating coatings companies and their suppliers have wrongly claimed low administrative charges for small businesses under the European Union’s (EU) REACH chemical control system, the European Chemicals Agency (ECHA) has warned. After the first November 30 deadline for registering chemicals under REACH has passed, ECHA officials will screen claims for the small business administration rate of Euro EUR8,300 and EUR2,070 for micro businesses, assessing whether these claimants were actually small.…

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USA ASKED TO CONSIDER EXTENDING STATUTE OF LIMITATIONS FOR BRIBERY



BY KEITN NUTHALL

THE UNITED States has been asked to consider extending the statute of limitations for prosecuting foreign bribery offences. The call comes in a report from the Organisation for Economic Cooperation & Development’s (OECD) Working Group on Bribery in International Business Transactions.…

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NATO HOLDS CYBERWARFARE EXERCISES



BY KEITN NUTHALL

30

THE NORTH Atlantic Treaty Organisation (NATO) is taking the threat of cyberattacks on business and government computing networks so seriously, it is staging cyberwarfare trials. The world’s strongest military alliance in November held the Cyber Coalition 2010 exercise near Mons, Belgium, and remote locations to test cyber-attack agencies and NATO strategic decision making.…

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LIBRANDA SEE BLUE SKIES AHEAD WITH EBOOK VAT CUT



BY PAUL RIGG

THE DIRECTOR of Spanish e-book platform Libranda has welcomed an announcement at LIBER, the international book fair for the Spanish speaking world, that Spain’s ruling socialists plan to "super-reduce" e-book IVA [VAT] to 4%. The announcement came from Alfredo Rubalcaba, who is the socialists’ candidate to become prime minister in the upcoming Spanish elections next month.…

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SAUDI ARABIA GROWS NON-FERROUS METALS SECTOR AS KINGDOM DIVERSIFIES AWAY FROM OIL



BY PAUL COCHRANE

SAUDI Arabia is rapidly developing the extraction of its bountiful mineral resources, with international companies inking contracts over the past month to explore for zinc, copper and gold. Australian mining company Alara Resources announced that it is to buy a 50% interest in the Khnaiguiyah (NOTE – SPELLING IS CORRECT) zinc and copper project, and the Mutiyah and Umm Hijja projects (all are west of the capital Riyadh) through a joint venture with the Saudi-based United Arabian Mining (Manjem), according to a company statement.…

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EMERGING MARKETS MAKE TYRE RECYCLING A BIG GLOBAL BUSINESS



BY DEIRDRE MASON

SALES of new cars are still holding up surprisingly well despite the global downturn, but within a few years of their purchase, how many of them will be running on retread tyres?

The signs are that the market for retread and recycled tyres will grow, as world demand for rubber grows, particularly in China.…

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US SENDS TEAM TO LIBYA TO SAVE PLANES FROM MISSING MISSILE ATTACK



BY KEITH NUTHALL

A SENIOR US state department official has confirmed that America is sending 50 specialist contractors to Libya to track down an estimated stockpile of 20,000 Man-Portable Air Defence Systems (MANPADS) hidden in this vast desert country. Assistant secretary of state Andrew Shapiro said Washington was "very concerned about the threat…posed" to "civil aviation" by MANPADS missiles.…

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SPAIN'S PUBLISHING ASSOCIATION DEMANDS GOVERNMENT HELP AGAINST PIRACY AND IN PROMOTING BOOK READING



BY ROBERT STOKES

SPAIN’s main publishing association has demanded greater political

commitment to defending the book industry against piracy and promoting

reading.

Antoni Comas, president of the Federación de Gremios de Editores de España

(FGEE), the Federation of Spanish Publishers’ Guilds, made the demand at the

October 4 inauguration of the 29th LIBER International Book Fair in Madrid.…

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PRECURSORS CREATE DRUGS AND DIRTY MONEY AT THE SAME TIME



BY EMMA JACKSON

THE PROLIFERATION of international money laundering controls was inspired by the need to find dirty money from illicit drug sales. And illegal drug trafficking still generates billions of dollars around the world each year, which must be laundered.…

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CHINA ECONOMICS FORCE CHINESE MANUFACTURERS TO EMPLOY NEW BUSINESS STRATEGIES



BY WANG FANGQING

TO many Chinese manufacturers, 2011 has been a difficult year – an unfortunate combination of the fast-rising Chinese Yuan Renminbi (CNY); soaring inflation; and a shortage of available investment. And the horizon is not getting brighter: at the beginning of October, for example, the US Senate passed a controversial currency bill, aimed at punishing China for ‘currency manipulation’ with retaliatory tariffs.…

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EXPORT SALES OFFER SOLACE FOR HARD-PRESSED SPANISH BOOK SECTOR



BY ROBERT STOKES

EXPORT development and digital trends dominated discussion at the 30th annual staging of Liber, Spain’s leading book fair, in Barcelona last week.

With Spain still gripped by recession, short-term hopes rest on exports and e-books. Government figures released at Liber showed book exports of all kinds rose 5.4% to EUR482 million (GBP402 million) in 2011.…

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GLOBAL - NICHE SPIRITS HIT BY THE RECESSION, BUT THE LONG-TERM OUTLOOK IS ROSY



BY ALAN OSBORN

DEFINING a niche drink is an arbitrary matter and what may pass as niche today may well be considered mainstream tomorrow. Flavoured vodka, for instance, had a relatively specialised following in Europe until a few years ago – now it is classified as an official spirit drink under European Union (EU) regulations.…

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MAJOR EXPANSION TO EGYPT'S OIL REFINING SECTOR



BY OSAMA DIAB

THE EGYPTIAN Refining Company (ERC) signed a deal in August to build a US dollar USD3.7 billion second-stage greenfield refinery adjacent to the existing Mostorod refinery 40 kilometres northeast of Cairo. The purpose of the new hydro-cracking and coking refinery is to take its needs of fuel oil from the nearby Mostorod refinery owned by the Cairo Oil Refinery Company, the biggest oil refining company in Egypt contributing 20% to Egypt’s oil refining capacity, and transform it into lighter fuel such as ultra-low sulphur diesel.…

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LOCAL SPIRITS CAN OFFER IMPORTERS A COLOURFUL ARRAY OF NICHE OPTIONS



BY PACIFICA GODDARD, KARRYN MILLER, GARRY PIERRE-PIERRE, KEITH NUTHALL

FOR niche spirits, obscure can be good – and so products made in countries not renowned for their spirits production can gather export market cache. Latin America and the Caribbean are regions where effort by buyers can pay dividends.…

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BIOFUELS ARE MAKING TRANSPORT MORE ENVIRONMENTALLY FRIENDLY, BUT DOES GOING GREEN SACRIFICE ENGINE PERFORMANCE?



BY MJ DESCHAMPS

ALTHOUGH the regulatory push towards the use of biofuels has largely been inspired by environmental motives – primarily aimed towards delivering carbon savings – many concerns have been raised around the idea that these eco-friendly fuels might be damaging engines and vehicle performance.…

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ECONOMIC FACTORS PUSH CHINESE COMPANIES TO FOCUS ON MARKETS CLOSER TO HOME



BY WANG FANGQING

CHINA’S perpetually rising costs and currency have, of late, been undermining China’s export industry. However, this has encouraged Chinese clothing retail entrepreneurs to appeal to their domestic market, notably its demographic of Internet-savvy, younger generation consumers. And of course, a key benefit of serving domestic consumers is the ability to create brands and control the whole industrial process, from sourcing materials, to design, manufacture and marketing.…

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HYUNDAI TO TARGET BOOMING CHINESE PROVINCIAL MARKETS



BY MARK GODFREY

THE CEO of a Hyundai-Beijing Auto joint venture has told wardsauto that while three out of 10 cars sold globally will be sold in China by 2015, sales will be dominated by car-markers who get key emerging trends in the country’s provincial markets right.…

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INDONESIA STRIKES OUT ON ITS OWN REGARDING PALM OIL SUSTAINABILITY STANDARDS



BY MARK ROWE

WHEN it comes to palm oil production, there are – despite growing production in South America and west Africa – only two major players on the global stage – Malaysia and Indonesia. Cultivation in south-east Asia accounts for around 80% of the world’s global supply – which in turn reached a record high of 45.9 million tonnes in 2009-2010.…

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JINDAL DENIES BOLIVIA GOVERNMENT CLAIMS OVER INVESTMENT SHORTFALLS



BY RAGHAVENDRA VERMA

INDIA’S Jindal Steel and Power has refuted allegations made by the Bolivian government that the company has failed to meet it investment commitments made in 2007 while winning the development rights for the Latin American country’s 20 billion tonne El Mutún iron ore mine.…

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SURGING COLOMBIAN GOLD TRADE IS GIFT TO NARCO-MONEY LAUNDERERS AND TERRORIST FINANCIERS



BY NADJA DROST

THE SURGING price of gold has unleashed a gold rush in Colombia, and international criminal networks are using the burgeoning trade in the precious metal to clean the proceeds of crime. In a country with as intimate a connection with the illicit drugs trade and terrorism as Colombia, the risks posed to anti-money laundering authorities are significant.…

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UNODC HELPING DEVELOPING COUNTRIES BOOST THEIR AML CONTROLS



BY SHANNELLE LAMARE, KEITH NUTHALL

FOR the last five years the United Nations Office on Drugs and Crime (UNODC), in partnership with the World Bank (WB), has been operating the Global Programme against Money Laundering (GPML) to boost Vietnam’s AML/CFT (anti-money laundering and combating financing of terrorism) systems.…

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TRADE BENEFITS LOOM FOR TOBACCO SECTOR IF WORLD TRADE ORGANISATION GRASPS DOHA NETTLE



BY KEITH NUTHALL

SIGNIFICANT benefits to tobacco and tobacco product companies will present themselves if a deal on the long-running Doha Development Round is clinched next year at the World Trade Organisation (WTO). And some diplomats at the WTO’s base in Geneva are asking if agreement is not reached next year, whether the current negotiations will be scrapped.…

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NEW INNOVATIONS KEEPING CODING SECTOR AFLOAT AFTER RECESSION



BY EMMA JACKSON

CONSUMERS barely notice the tiny band of code printed on their soft drink can or prescription bottle, but behind the scenes the coding and marking industry thrives on making those seemingly insignificant lines of print more readable, efficient and better integrated with high technology.…

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WORLD BANK CALLS FOR BETTER MANAGEMENT OF HYDROCARBON WINDFALL IN LATIN AMERICA



BY KEITH NUTHALL

A WORLD Bank report has told Latin American countries with major hydrocarbon resources, such as Mexico and Venezuela, to diversify their economies by reinvesting windfall export earnings from emerging markets. ‘Natural Resources in Latin America and the Caribbean: Beyond Booms and Busts?’…

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CHINA POWER; REPATRIATED HIGH-END PRODUCTION; ECOTEXTILES AND GM COTTON - A TASTE OF THE FUTURE FOR CLOTHING AND TEXTILES



BY EMMA JACKSON

THE TEXTILE and clothing industry maybe almost unrecognisable from its organisation today in 10 years’ time: Chinese-owned offshore production; unstoppable e-commerce, demand for eco-textiles, shifting luxury markets to Asia’s new middle class, and higher prices for everyone, are just some predictions.…

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CHINA POWER; REPATRIATED HIGH-END PRODUCTION; ECOTEXTILES AND GM COTTON - A TASTE OF THE FUTURE FOR CLOTHING AND TEXTILES



BY EMMA JACKSON

THE TEXTILE and clothing industry maybe almost unrecognisable from its organisation today in 10 years’ time: Chinese-owned offshore production; unstoppable e-commerce, demand for eco-textiles, shifting luxury markets to Asia’s new middle class, and higher prices for everyone, are just some predictions.…

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GLOBAL - DEMAND FOR 'NATURAL' DRINKS INGREDIENTS RISING IN MATURE DRINKS MARKETS



BY ALAN OSBORN, KARRYN MILLER, GAVIN BLAIR, KEITH NUTHALL

MOST drinks manufacturers would bridle at the accusation that they used anything unnatural to make their products: after all poisoning consumers is bad for business. But in the world of marketing, everything is relative, and some ingredients are so fresh and untainted with processing chemicals that they can, simply, be sold as being more ‘natural’ than standard inputs.…

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ISO DEVELOPS NATURAL GAS VEHICLE FUELLING STATION STANDARD



BY KEITH NUTHALL

THE INTERNATIONAL Organisation for Standardization (ISO) is developing standards for natural gas fuelling stations to help promote vehicles using this alternative fuel. A new committee ISO/PC 252 will coordinate the work, developing two standards: on fuelling stations for compressed natural gas (CNG) and liquefied natural gas (LNG).…

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EUROPEAN CARMAKERS RACE TO IMPROVE EU-KOREA TRADE DEAL BEFORE IMMINENT FINAL VOTE



BY KEITH NUTHALL, MJ DESCHAMPS

EUROPEAN car makers will push for additional changes to the controversial European Union (EU)-South Korea free trade agreement when it is placed before the European Parliament for ratification. The spokesperson for the European automobile manufacturers association ACEA Sigrid de Vries told wardsauto it wanted the deal’s text revised to help Europe’s auto sector.…

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CHINA POWER; REPATRIATED HIGH-END PRODUCTION; ECOTEXTILES AND GM COTTON - A TASTE OF THE FUTURE FOR CLOTHING AND TEXTILES



BY EMMA JACKSON

THE TEXTILE and clothing industry maybe almost unrecognisable from its organisation today in 10 years’ time: Chinese-owned offshore production; unstoppable e-commerce, demand for eco-textiles, shifting luxury markets to Asia’s new middle class, and higher prices for everyone, are just some predictions.…

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ISO STEPS IN TO PROMOTE NATURAL GAS FILLING STATIONS



BY KEITH NUTHALL, EMMA JACKSON, MJ DESCHAMPS

IT is the classic chicken and egg scenario. To what extent do widespread networks of fuel filling stations need to be established offering compressed and liquefied natural gas (CNG/LNG) for a mass market of autos using these fuels to develop?…

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EUROPE: EU Funding for 21st Century Silk Road



BY Alan Osborn

The European Commission has brought Internet researchers in central Asia into the international research community through aid of a ?$5 million (US$6.74 million) grant to the central Asia research and education network (CAREN) (SPELLING CORRECT). Brussels says the funding will upgrade the ancient ‘silk road’ carrying goods from Europe via central Asia to China into "a 21st century high-speed internet highway for research and education."…

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GLOBAL - DEMAND FOR 'NATURAL' DRINKS INGREDIENTS RISING IN MATURE DRINKS MARKETS



BY ALAN OSBORN, KARRYN MILLER, GAVIN BLAIR, KEITH NUTHALL

MOST drinks manufacturers would bridle at the accusation that they used anything unnatural to make their products: after all poisoning consumers is bad for business. But in the world of marketing, everything is relative, and some ingredients are so fresh and untainted with processing chemicals that they can, simply, be sold as being more ‘natural’ than standard inputs.…

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INDIAN PERSONAL CARE PRODUCT SECTOR CONTINUES TO BOOM



BY RAGHAVENDRA VERMA

INDIA continues to attract international cosmetic and perfume brands as its consumer base and their spending grow. According to the United States Trade Mission to India, the country’s USD2.68 billion beauty and wellness market is growing at 15-20% annually, almost twice as fast as the United States and European markets.…

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LAWYERS WORLDWIDE FEAR THEIR OWN PROFESSION IS PREY TO CORRUPTION



BY KEITH NUTHALL

A NEW global survey involving the International Bar Association (IBA) has revealed widespread concern amongst lawyers that their profession is compromised by corruption. Working with the Organisation for Economic Cooperation & Development (OECD), the IBA showed that nearly half of all respondents stated corruption was an issue in their own legal profession; more than 70% said so in the former Soviet Union, Africa, Latin America, the Baltic States and eastern Europe.…

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GEORGIA BOOSTS WINE QUALITY TO FIND NEW NON-RUSSIAN MARKETS



BY MARK GODFREY

GEORGIA’S wine industry took every opportunity to bask in the limelight when the 2010 International Organisation of Vine and Wine (OIV) Congress was staged in Georgia’s capital Tbilisi. Opening the June congress, Georgian President Mikheil Saakashvili (NOTE – SPELLING IS CORRECT) even took the opportunity to praise local product as a "freedom wine", boasting that Russia’s four-year ban on Georgian wine has only improved its quality.…

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SOUTHEAST ASIAN PAINT COMPANIES CAPTURE ASEAN MARKET WITH HUB-AND-SPOKE MODEL



BY MARK ROWE

IN the truly global market of the paint industry, nowhere has the maxim of work local, sell local, been adhered to more rigorously than in southeast Asia. The region’s paint market is fiercely competitive, driven by developed nations such as Singapore and populous rapidly developing countries such as Indonesia and the Philippines.…

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INNOVATIVE PACKAGING TRANSFORMING GLOBAL DRINKS PACKAGING INDUSTRY



BY MARK ROWE

INNOVATIVE packaging is transforming the drinks industry. Heavy tins and bottles are being replaced by lighter composite and biodegradeable materials; hi-tech cartons are being manufactured that tell consumers if the milk’s gone off; and RFID (radio frequency identification) tags are being embedded with temperature sensors.…

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SOUTH AMERICA'S ORIGINAL COMMUNITIES GAIN HIGHER EDUCATION OPPORTUNITIES



BY PACIFICA GODDARD

THE ORIGINAL inhabitants of Latin America, who dominated the region prior to the Spanish and Portuguese conquests, have often had a rough deal regarding tertiary education. But initiatives are underway to right this wrong. This May the Peruvian National Congress’ Education Commission approved a proposal to create a National Aymara University, the first institute for higher learning in Peru designed to serve so-called ‘indigenous’ peoples of the country.…

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GUYANA AND SURINAME STRUGGLE TO CONTAIN MONEY LAUNDERERS



BY KEITH NUTHALL

GUYANA and Suriname are neighbours with a lot in common – culturally Caribbean, but on South America, they are important shipment routes for illegal drug traffickers and so exposed to money laundering offences. They are, however, not offshore financial centres and so complex financial instruments are not available for hiding the dirty cash generated by organised crime in these countries.…

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INNOVATIVE PACKAGING TRANSFORMING GLOBAL DRINKS PACKAGING INDUSTRY



BY MARK ROWE

INNOVATIVE packaging is transforming the drinks industry. Heavy tins and bottles are being replaced by lighter composite and biodegradeable materials; hi-tech cartons are being manufactured that tell consumers if the milk’s gone off; and RFID (radio frequency identification) tags are being embedded with temperature sensors.…

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POWER TRIPS: ELECTRIC GADGETS DRIVING DEMAND FOR AIRPORT OUTLETS



BY KASHMIR HILL

A MAGAZINE or book used to keep air travellers occupied while waiting for their flights. But these days, most people carry along their home office and personal entertainment centre in the form of laptops, MP3 players, smartphones, and digital cameras.…

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SOUTH AMERICA'S ORIGINAL COMMUNITIES GAIN HIGHER EDUCATION OPPORTUNITIES



BY PACIFICA GODDARD

THE ORIGINAL inhabitants of Latin America, who dominated the region prior to the Spanish and Portuguese conquests, have often had a rough deal regarding tertiary education. But initiatives are underway to right this wrong. This May the Peruvian National Congress’ Education Commission approved a proposal to create a National Aymara University, the first institute for higher learning in Peru designed to serve so-called ‘indigenous’ peoples of the country.…

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MATURE MARKETS PROTECT CLOTHING AND TEXTILE CONSUMERS AGAINST HARM FROM INDUSTRY PRODUCTS



BY ALAN OSBORN, KARRYN MILLER, GAVIN BLAIR, KEITH NUTHALL

WEARING clothes is not the most dangerous of pastimes: it is not really up there with hang-gliding, off-piste skiing and single-handed ocean yachting. But there are risks associated with wearing clothes, from the contact consumers and workers’ skin has with the chemicals used in production; to potential for strangulation by drawstrings, choking on toggles, and the flammability of some artificial fibres.…

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MATURE MARKETS PROTECT CLOTHING AND TEXTILE CONSUMERS AGAINST HARM FROM INDUSTRY PRODUCTS



BY ALAN OSBORN, KARRYN MILLER, GAVIN BLAIR, KEITH NUTHALL

WEARING clothes is not the most dangerous of pastimes: it is not really up there with hang-gliding, off-piste skiing and single-handed ocean yachting. But there are risks associated with wearing clothes, from the contact consumers and workers’ skin has with the chemicals used in production; to potential for strangulation by drawstrings, choking on toggles, and the flammability of some artificial fibres.…

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EMERGING MARKETS WITNESSING CREATIVITY IN DRINKS PACKAGING DEVELOPMENT



BY WANG FANGQING, RAGHAVENDRA VERMA, BILL CORCORAN, PACIFICA GODDARD, KEITH NUTHALL

DRINKS packaging can be quite different in emerging and developing markets than in the rich world. One issue simply is scale. Poorer consumers are often, simply, more interested in smaller sized portions than richer.…

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ORGANICS STANDARDS STREAMLINING, OPEN DOORS FOR DRINKS PRODUCERS



BY EMMA JACKSON

THE POPULARITY of drinks made from organically grown ingredients is on the rise, fostered in part by increasingly comprehensive regulations designed to ensure organically labelled products are indeed organic. Yet obstacles and limitations to the growth of this niche drinks sector remain, and combined with the economic downturn the organic industry still needs a push to reach its full potential.…

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BLACK AND SKILLING CASES WEAKEN US 'HONEST SERVICES' FRAUD STATUTE



BY KEITH NUTHALL

THE HIGH profile criminal cases against ex-Enron CEO Jeffrey Skilling and Canada-born former newspaper owner Lord Conrad Black have led to the United States Supreme Court reducing the scope of America’s ‘honest services’ statute, used to convict many fraudsters.…

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INTERNATIONAL CONSORTIUM TO HUNT FOR NEW NATURAL COSMETICS INGREDIENTS



BY KEITH NUTHALL

AN INTERNATIONAL consortium will generate and investigate a liquid library of 3,600 plant extracts, hunting for compounds useful for cosmetics (and food) manufacture. Germany’s BASF and Bruker Biospin GMBH, Greece’s Korres SA Natural Products will work with national research centres from Greece, France and South Africa plus universities from Greece, Panama and Switzerland in this 2010-2014 Euro 4.2 million, European Union-funded research project.…

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COCOA PRODUCTION



BY ALYSHAH HASHAM

Africa produces 70% of the world’ s cocoa; Asia and Oceania (Pacific islands) provide 19%; and the remaining 11% is from the Americas, according to the International Cocoa Organisation (ICCO). There are 5-6 million farmers worldwide – most with farms that cover 2 to 5 hectares.…

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LATIN AMERICA'S BIODIVERSITY OFFERS COSMETICS COMPANIES RICH CHOICES OVER INGREDIENTS



BY PACIFICA GODDARD

THE ORGANIC cosmetics market has been booming over the last few years, generating substantial consumer interest in the US and Europe. As cosmetics companies scramble to offer the latest, most effective natural ingredients, many are turning to the biodiverse region of Latin America for inspiration.…

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SUNFLOWER GENOME PROJECT TO YIELD BIG RESULTS FOR OIL PRODUCERS



BY EMMA JACKSON

THE SUNFLOWER family is joining the ranks of other genetically sequenced oil crops, as a Canadian-led project maps the sunflower genome, part of the largest flowering family on the planet – with significant potential for commercial benefit for the oils and fats sector.…

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SUSTAINABLE COCOA PRODUCTION MOVES INTO THE MAINSTREAM



BY ALYSHAH HASHAM

AS with many oils and fats industries, the cocoa sector has distinct elements: producers, processors, distributers, wholesalers and retailers. Their collective environmental impact can be reduced if they work together in the most efficient way possible. And it is partly for that reason that there is a growing trend towards pressing and grinding the cocoa near the source, particularly in Ghana and Ivory Coast (which together account for 60% of the world’s cocoa supply), as well as Indonesia.…

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LATIN AMERICAN MALE COSMETICS MARKET IS BOOMING



BY PACIFICA GODDARD

LATIN American men like to think they are known for good looks, machismo and self-confidence. And these consumers are today turning to cosmetics to sustain and accentuate this image. The Latin American market for male grooming products and services is one of the most dynamic in the world.…

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RECESSION IS OVER FOR JET FUEL MARKET



BY MARK ROWE

IS the recession’s worst over for the jet fuel aviation industry? Passenger traffic during this late spring and summer has risen sharply compared with flights year-on-year, giving hope to an industry that Giovanni Bisignani, director general of the International Air Transport Association (IATA), described last year as "structurally sick".…

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ENERGY REFLECTING PAINTS AND COATINGS - A GROWING GREEN BUSINESS



BY KARRYN MILLER, ANCA GURZU, MARK ROWE and PAUL COCHRANE

THE NEED to think out of the box to reduce carbon emissions and pollution is becoming increasingly appreciated in the Asia-Pacific region. And the coatings sector offers a range of solutions to reduce energy use.…

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CANADA'S FLAVOURED TOBACCO BAN DRAWS GLOBAL CRITICISM



BY KEITH NUTHALL and ALYSHAH HASHAM

CANADA – long a difficult jurisdiction for the tobacco sector – became tougher still on July 5, when a national ban on manufacturing and selling most flavoured cigarettes, cigarillos and blunt wraps came into force.…

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SUSTAINABLE COCOA PRODUCTION MOVES INTO THE MAINSTREAM



BY ALYSHAH HASHAM

AS with many oils and fats industries, the cocoa sector has distinct elements: producers, processors, distributers, wholesalers and retailers. Their collective environmental impact can be reduced if they work together in the most efficient way possible. And it is partly for that reason that there is a growing trend towards pressing and grinding the cocoa near the source, particularly in Ghana and Ivory Coast (which together account for 60% of the world’s cocoa supply), as well as Indonesia.…

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AUSTRALIA PREPARES TO BREAK GLOBAL GROUND WITH TOBACCO PLAIN PAPER PACKAGING LAW



BY KEITH NUTHALL and EMMA JACKSON

AUSTRALIA’S tobacco industry can be expected to put up a strong fight against a federal government proposal to mandate plain paper packaging for its products. And it will doubtless have the support of the international tobacco industry because this planned legislation is a clear test case.…

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PALM OIL HAS GREAT POTENTIAL AS BIOFUEL FEEDSTOCK - BUT ENVIRONMENTAL CHALLENGES ARE SIGNIFICANT



BY MARK ROWE

THE OIL palm is a prolific shrub that can be converted into palm oil, one of the most versatile fats known to man – rich in solid saturated fatty acids and able to withstand refining at high temperatures.…

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C-STORES PROSPER THROUGH INNOVATIVE PARTNERSHIPS



BY GAVIN BLAIR,KARRYN MILLER,ALAN OSBORN and KEITH NUTHALL

EVERY country had its own take on convenience stores. These retail traditions tend to be rooted in local cultures, making a certain combination of goods acceptable in one country, but not another. Rural Ireland, for instance, with its sparse population, has traditionally supported a bewildering array of convenience store offerings, mixing for retail with hardware, post offices, tobacco, newspapers, car repairs and more – and sometimes all at once.…

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POTENTIAL FOR GROWTH IN USA PLUS SIZE MARKET



BY ALYSHAH HASHAM

Given to have plus-size clothing lines to sell, you need plus-size consumers, it is maybe not a surprise that the American market for these clothes is of critical importance. The USA’s National Center for Health Statistics reports that 60% of women and more than two-thirds of adults in the USA’s 304 million population generally are now overweight.…

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INNOVATION IN THE DRINKS INDUSTRY BRIEFING



BY EMMA JACKSON,RAGHAVENDRA VERMA,WANG FANGQING and PACIFICA GODDARD,

AS people migrate across the globe, the drinks industry has witnessed a slow influx of regionalised flavours into untraditional markets. White and green tea from Asia is now sold across the globe in soft drinks, and ‘exotic’ fruits such as pomegranate, mango and lychee are becoming popular juice flavours in Europe and the US.…

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INNOVATION IN DRINKS MANUFACTURING COULD BECOME MORE PUBLIC SAYS EXPERT



BY ALAN OSBORN

THE PRESENT difficult economic conditions in Europe, north America and Japan are not hugely encouraging for promoting innovation or for the spending of large sums of money on research by drinks manufacturers. It may be a little different for leading brands such as GlaxoSmithKline (GSK), Coca-Cola, Pepsi and other big names though even these are changing their approach.…

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GLOBAL SECTION - SIZING REMAINS A HEADACHE FOR GLOBALISING CLOTHING INDUSTRY



BY KARRYN MILLER

AS trade barriers continue to diminish, clothing brands are becoming more global. However it is not as easy for the sizes of their goods to be quite as worldly. International players need to adapt their fits for different target markets but that level of adaptation varies by country.…

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EU STRIKES OPEN SKIES DEAL WITH PERU



BY KEITH NUTHALL

ANOTHER European Union (EU) open skies deal has been negotiated by the European Commission: with South America’s Peru. In a formal proposal for EU ministers to anoint, the Commission said it was "the most efficient instrument to bring all existing bilateral air services agreements between [the EU’s 27] member States and Peru into conformity with [EU] law…" As usual, the deal provides EU and Peruvian airlines equal access to airports in their jurisdictions.…

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STUDYING BODY SIZE IS KEY TO FITTING MARKETS SNUGLY



BY KARRYN MILLER

It is common knowledge that no two bodies are the same. Although clothing sizes help us to categorise bodies into general fits, each garment is going to hang a little differently depending on the consumer. Looking forward these variations in sizes are becoming more apparent as we see advancements in 3D scanning technology that allow us to get a more complete picture of an individual’s size.…

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AMERICA LEADS THE WORLD IN CONVENIENCE STORE GOOD PRACTICE



BY KARRYN MILLER,EMMA JACKSON and ALAN OSBORN

BY KARRYN MILLER, in Washington DC, EMMA JACKSON, in Ottawa, and ALAN OSBORN, in London

CONVENIENCE stores are a dynamic part of the food retail sector worldwide. In short, as consumers gain wealth, they lose time – making convenience retail increasingly attractive.…

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AML PROGRESS PICKING UP IN THE BALTICS



BY MONIKA HANLEY

OFTEN lumped together, the three Baltic States (Lithuania, Estonia and Latvia) vary greatly in their anti-money laundering standards and risks and banking competencies. Estonia has a well-regarded financial centre with one of the most advanced and transparent banking systems of the newer European Union (EU) member states as well as newly adopted anti-money laundering laws, something the other two Baltic States cannot boast.…

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INTERNATIONAL CONFECTIONERY NEWS ROUND-UP - EFSA SUGAR INTAKE PANEL



BY KEITH NUTHALL

A EUROPEAN Food Safety Authority (EFSA) panel has refused to set an advisory limit for the intake of sugar by European Union (EU) consumers. EFSA’s panel on dietetic products, nutrition and allergies has concluded in a comprehensive assessment of dietary requirements for EU consumers “there was insufficient evidence to set an upper limit for sugars”.…

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British local authorities should gain immigration powers?

By Keith Nuthall, International News Services 

With the British general election looming this week and the prospect of a change in government, one issue seems to electrify UK electors and politicians above all others, and that is immigration. In a sense, this is not surprising. What could be more an issue of public policy that affects people’s daily lives that the management of who lives in a city, community, neighbourhood or even street?



We all interested in the culture, language, shopping needs, personalities and religion of our neighbours. How they live affects everyone. And when there is change in a community, that can be difficult to deal with – because new friends and acquaintances impact on daily lives.…

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BRAZIL FRUIT JUICE PRODUCTION FUELS DRINKS EXPORTS



BY PACIFICA GODDARD

While most of the alcoholic and non-alcoholic beverages produced in Brazil are consumed domestically, the exception is the juice sector. Brazil is one of the world’s top three producers of tropical fruit, according to Brazilian Fruits Institute (IBRAF), and an important global provider of fruit juice.…

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AN EU-MERCOSUR TRADE DEAL COULD OFFER OPPORTUNITIES FOR EUROPEAN CAR-MAKERS



BY PACIFICA GODDARD, ALAN OSBORN and KEITH NUTHALL

EUROPEAN automakers will be looking to boost exports to the Mercosur countries of South America, if they strike a trade deal with the European Union (EU). A resumption of negotiations on slashing tariffs for goods traded between the EU’s 27 member countries and the four-country Mercosur block, (Argentina, Brazil, Uruguay and Paraguay), has been announced by the European Commission, the EU’s executive.…

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PARALLEL INVESTIGATIONS CAN HELP MONEY LAUNDERING AND PREDICATE CRIME INQUIRIES



BY ALAN OSBORN

BY its very nature, money laundering tells us that another crime is being, or has been committed. The detection of the act of money laundering itself is usually the handiwork of specialised Financial Intelligence Units (FIUs) but these often do not have the resources or the responsibility to investigate the predicate crime.…

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JAPAN'S ADOPTION OF IFRS COULD MAKE OR BREAK GLOBAL STANDARD



BY KARRYN MILLER

AS one of the world’s leading economic powers, Japan will be in a unique position if it adopts, as planned, international financial reporting standards (IFRS). If successful, on one hand, it could give the US the final push it needs to dovetail its financial reporting with global accounting standards; on the other, if things don’t work out, America may retreat back towards US GAAP.…

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COUNTRIES EDGE TOWARDS DEAL ON GLOBAL TREATY ON TRADE IN ILLICIT TOBACCO PRODUCTS



BY DANIEL PRUZIN

REPRESENTATIVES from around 160 countries are moving toward clinching a deal on new World Health Organisation (WHO) Protocol on Illicit Trade in Tobacco Products, which could be wrapped up within the next 12 months. Unlike its predecessor, the Framework Convention on Tobacco Control (under whose authority this latest agreement is being negotiated), the protocol is something of a mixed blessing for the tobacco industry.…

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RELIGION AND SMOKING DON'T ALWAYS MIX WELL



BY PAUL COCHRANE, AHMAD PATHONI, GAVIN BLAIR, RAGHAVENDRA VERMA, WANG FANGQING, HELEN FLUSFELDER, KARRYN MILLER, KEITH NUTHALL and ALAN OSBORN

THE BRITISH writer Oscar Wilde wrote: "A cigarette is the perfect type of a perfect pleasure. It is exquisite, and it leaves one unsatisfied.…

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MEXICO DRINKS INDUSTRY GROWS GLOBAL REPUTATION FOR EXPORT SALES



BY PACIFICA GODDARD

According to the US department of agriculture (USDA), about 70% of the 2.5 billion litres of fruit and vegetable juices sold in Mexico in 2009 were produced domestically. Mexico exported USdollar USD266.99 million worth of juices in 2009, compared to USD308.23 million in 2008 and USD247.29 million in 2007, according the UN Comtrade database.…

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WOMEN EXECUTIVES START TO CRACK GLASS CEILING IN TOBACCO INDUSTRY



BY ANDREW CAVE

ALISON Cooper’s accession to chief executive of Britain’s Imperial Tobacco last month (May) put the UK tobacco industry in an unfamiliar position as the 43-year-old mother-of-two became just the fifth female chief executive in the flagship FTSE100 index.…

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BRAZIL AND EU COULD STRIKE AIR TRANSPORT DEAL



BY KEITH NUTHALL

THE EUROPEAN Commission has requested authorisation from European Union (EU) ministers to launch negotiations to forge an EU-Brazil air transport agreement. Despite 4.4 million passengers flying between the EU and Brazil annually, there is no EU-Brazil agreement, just bilateral deals with 15 of the 27 EU member states.…

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EMERGING MARKETS PULL GLOBAL STEEL SECTOR OUT OF RECESSION



BY KEITH NUTHALL

EMERGING market economies have been pulling the global steel sector out of recession and China’s past role as a trade generator will be rivalled, if not exceeded by other growing economies, an Organisation for Economic Cooperation & Development (OECD) meeting has been told.…

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TESCO AND SAINSBURY SHOW HOW TO EXPLOIT DRINKS PRIVATE LABELS



BY KARRYN MILLER

The success of Tesco and Sainsbury’s private label drinks products in Britain cannot be denied. In a time when many companies are tightening their belts and streamlining their product mix, these supermarket retailers are expanding their own-label (to use the standard UK term) drinks range – and consumers are benefiting.…

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MEAT TRADES COULD PROSPER IF EU AND MERCOSUR STRIKE COMMERCIAL AGREEMENT



BY KEITH NUTHALL

EUROPEAN meat importers will be looking to boost supplies from the Mercosur countries of South America, if they strike a planned trade deal with the European Union (EU). A resumption of negotiations on slashing tariffs for goods traded between the EU’s 27 member countries and the four-country Mercosur block, (Argentina, Brazil, Uruguay and Paraguay), has been announced by the European Commission, the EU’s executive.…

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PRIVATE LABEL FOOD SALES BECOME INCREASINGLY POPULAR WORLDWIDE



BY KARRYN MILLER, ALAN OSBORN, RAGHAVENDRA VERMA, WANG FANGQING and KEITH NUTHALL

PRIVATE label (or own brand, as it is known in the UK) is an increasingly popular way for food retailers to sell their products worldwide. Not only does it given them more control over costs and quality, it allows them to market their own brand whilst making sales.…

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BRITAIN'S TESCO AND SAINSBURY PIONEERS IN DEVELOPING OWN BRAND PRODUCTS



BY KARRYN MILLER

BRITAIN has always been a trailblazer for the development of own-label, or private-label food brands. And two of its dominant supermarket chains Tesco and Sainsbury have been particularly innovative. Tesco’s private label food range holds the largest share of the UK’s private label market, with Sainsbury coming in at second place.…

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JUICES/NECTARS/FRUIT DRINKS INDUSTRY AND MARKET



BY PACIFICA GODDARD

Although in most parts of the world consumers cut back on juice and nectar consumption, and growth in this segment has been the slowest in 10 years, juices and fruit-flavoured drinks were one of Latin America’s fastest growing segments in 2009, according to Euromonitor International.…

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BOTTLED WATER MARKET



BY PACIFICA GODDARD

The most important markets for bottled water have traditionally been developed economies like Western Europe and the United States. However, growth in these markets has recently flattened out, exacerbated by the global economic crisis and growing environmental concerns over the product.…

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WINE INDUSTRY AND MARKET



BY PACIFICA GODDARD

Wine is not a particularly popular alcoholic beverage in most of Latin America, and only 1.94 billion litres were consumed in the region in 2009, according to Euromonitor International. Wine is also the only major beverage segment that has dropped in consumption per capita in Latin America in the last five years, from 3.8 litres in 2005 to 3.6 litres in 2009 (compared to almost 50 litres consumed per capita per year in France for example) said beverage information specialist Canadean.…

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LATIN AMERICA DRINKS INDUSTRY AND MARKET



BY PACIFICA GODDARD

INTRODUCTION

LATIN America has never been a strong player in the global drinks marketplace, but maybe, as much of the region struggles towards unprecedented prosperity, this could change. Mexico has shown the way with the international profile of its beers, notably Corona, and its world-beating Tequila and Mezcal industries.…

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BEER INDUSTRY AND MARKET



BY PACIFICA GODDARD

A decade ago, Latin America was considered to be one of the beer industry’s toughest markets, due to frequent bouts of economic uncertainty and political turmoil. But a lot has changed in the region since the year 2000, and recently instead of recoiling from this region, the biggest beer companies in the world have been fighting tooth and nail for shares of it.…

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JAPAN COSMETICS SECTOR INNOVATES TO SURVIVE TOUGH ECONOMIC ENVIRONMENT



BY JULIAN RYALL

JAPANESE industries in general have had a tough past couple of years and the cosmetics sector is no exception. That said, manufacturers here have largely stressed the positive and developed a range of innovative new products that meet the needs of ever-more demanding consumers and opened up new product areas.…

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JAPAN'S MOVE TO INTERNATIONAL REPORTING STANDARDS WILL CHALLENGE ACCOUNTING PROFESSION



BY GAVIN BLAIR and KARRYN MILLER

AS Japan continues its shift over to international financial reporting standards (IFRS), it is creating a host of challenges and opportunities for accounting firms and their clients at the start of the new fiscal year.…

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SPIRITS INDUSTRY AND MARKET



BY PACIFICA GODDARD

Despite the difficult economic climate, spirits are still selling well in Latin America, and in 2008, 3 billion litres of spirits were sold, according to Canadean. However, spirits for the most part are not a very dynamic segment, and consumption per capita has remained steady between 4.5 and 4.6 litres for the last five years, and growth was flat at 0.4% in 2009.…

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EU ROUND UP - BRUSSELS SILENT ON RUSSIA?UKRAINE GAS PIPELINES TAKEOVER DEAL



BY KEITH NUTHALL

THE EUROPEAN Commission has signalled it is unlikely to intervene to prevent the proposed takeover of Ukraine’s gas pipeline network by Russia’s Gazprom. Displaying his relatively relaxed attitude to closer energy links with Moscow, new German EU energy Commissioner Günter Oettinger told a press conference: "The decision has to come between Kiev and Moscow and not in Brussels."…

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UK NISSAN PLANT'S CONSTRUCTION KICK STARTS PROCESS OF EV BATTERY HARMONIZATION



BY DEIRDRE MASON

STANDARDIZATION for electric vehicles and, crucially, the batteries that power them has taken a key step forward with the official topping out ceremony [NOTE: US STYLE MIGHT USE ‘GROUNDBREAKING CEREMONY’ – IT’S THE CEREMONY WHERE SOMEONE TURNS THE FIRST SPADEFUL AT THE VERY START OF CONSTRUCTION.]…

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CARBONATED SOFT DRINKS INDUSTRY AND MARKET



BY PACIFICA GODDARD

The carbonated soft drink segment has suffered recently in the United States and Europe, as consumers have become more health conscious and switched to less sugary alternatives, but in Latin America carbonated beverages have continued to perform well.…

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LATIN AMERICAN DRINKS MARKET GROWS TOWARDS MATURITY



BY PACIFICA GODDARD

INTRODUCTION

LATIN America has never been a strong player in the global drinks marketplace, but maybe, as much of the region struggles towards unprecedented prosperity, this could change. Mexico has shown the way with the international profile of its beers, notably Corona, and its world-beating Tequila and Mezcal industries.…

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VOLCANO TESTS AIRPORT EMERGENCY RESPONSE PROCEDURES



BY JULIAN RYALL, KARRYN MILLER and ALAN OSBORN

WITH the ongoing eruption of Iceland’s Eyjafjallajökull volcano has grounded airlines and stranded passengers across the world for nearly a week, airports have been scrambling to accommodate the millions of people blocked by an enormous plume of ash filling prime airspace.…

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LATVIA'S INTERNATIONAL AIRPORT PLANS TO EXPAND TO MEET NEW DEMAND



BY MONIKA HANLEY

RIGA International Airport, located 13 km from the bustling Latvian capital is on the brink of undergoing major infrastructure changes. Its profile is high given it won the best airport in Scandinavia and the Baltic region at the prestigious 2009 OAG [Official Airline Guide] -Routes Airport Marketing Awards, beating the competition in richer countries such as Sweden and Denmark.…

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AMERICA'S NEW BIOFUEL STANDARD MAY NOT BOOST CONSUMPTION OF BIO-BASED FUELS



BY KARRYN MILLER

THE FINALISED National Renewable Fuel Standard (RFS2) programme of the US Environmental Protection Agency (EPA) may show the Obama administration’s continuing support for boosting biofuel production – but will it give concrete results? The updated rules have considered the mixed reviews expressed when a proposed programme was announced last year, however some interested parties still feel the latest outcome will fail to propel the biofuel industry forward.…

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SUSTAINABLE PALM OIL TAKING SEED IN SOUTH AMERICA



BY MARK ROWE

BOTH the oils and fats industry and environmentalists have long been aware of concerns over the oil palm, the prolific shrub that can be converted into palm oil, one of the most versatile fats known to man.

For almost as long, there have been campaigns to improve its cultivation in south-east Asia, which accounts for around 75% of global supply; but concern is now focussing on South America, where cultivation is growing rapidly, placing pressure on the Amazon rainforest and other wildlife-rich habitats in a belt stretching across central Brazil and Ecuador to Colombia’s Caribbean coast.…

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HAITI'S BRUISED TOBACCO SECTOR LIVES TO FIGHT AGAIN AFTER EARTHQUAKE



BY GARRY PIERRE-PIERRE

WHEN an earthquake of a magnitude of seven on the Richter scale struck Haiti in January, it destroyed most of this 9 million population Caribbean country’s infrastructure, including ports and airports. Many businesses have suffered, including the tobacco sector, with many retail outlets ruined, especially in the capital Port-au-Prince whose central business district was shattered by the quake.…

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TEXTILE AND APPAREL MARKETS A MIXED BAG IN LATIN AMERICA



BY PACIFICA GODDARD

INTRODUCTION

There are signs around the world that the textile market is beginning to recover from the global economic crisis, and developing markets will be leading that recovery. Asia is, of course, at the forefront, but many countries in Latin America have also weathered the crisis and have come out in a surprisingly decent position, with their dynamic textile and apparel industries well positioned for future expansion.…

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LATIN AMERICA TOBACCO SECTOR RIDES OUT THE RECESSION



BY PACIFICA GODDARD

LAST year in Latin America, British American Tobacco (BAT) and Philip Morris International (PMI), the region’s two dominant companies, battled to maintain profits through declining volumes. Overall, Latin America was profitable for both companies. For BAT, profits were mainly attributable to a strong performance in Brazil, and improved premium brand sales, however volumes sales declined throughout the region.…

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EU ROUND UP - BRUSSELS PUSHES AHEAD WITH MAJOR EUROPEAN ENERGY INFRASTRUCTURE PROJECTS



BY KEITH NUTHALL

WITH a new European Commission in office, major decisions can now be made on pushing ahead with European Union (EU) energy policy priorities: Brussels has released a Euro 4 billion package of 31 gas infrastructure (and 12 electricity) projects.…

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VIETNAM KNITWEAR SECTOR BOOMING - DESPITE GLOBAL RECESSION



BY KARRYN MILLER

VIETNAM has worked hard to convince foreign companies they should look past neighbouring China for their knitwear needs. Through an increasing commitment to quality, along with strong government support, Vietnamese knitwear firms are starting to see the fruits of their labour and tags ‘made in Vietnam’ are becoming more common both domestically and abroad.…

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FORMAL DRINKS INDUSTRY EDUCATION SYSTEMS GROWING WORLDWIDE



BY ALAN OSBORN, EMMA JACKSON, PAUL COCHRANE and JULIAN RYALL

INTRODUCTION

Professionalisation is a key trend in today’s drinks sector, particularly as export markets are growing fast in emerging markets. With brand loyalty up for grabs, it is critical for alcoholic drinks producers especially to maintain and raise quality.…

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AMERICAN LUXURY CLOTHING SECTOR RECOVERING AFTER RECESSION



BY CRAIG HOWIE

THE POPULAR television programme Sex in the City famously glamourised New York’s luxury clothing culture, and Los Angeles’ high-end boutiques were given the star treatment in the 1990 film Pretty Woman. And America has long been the world’s largest market for high-end clothing.…

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NEW POLICE ACADEMY FOR ORGANISED CRIME VICTIM GUINEA-BISSAU



BY KEITH NUTHALL

THE UNITED Nations and Brazil are helping a small west African country fight against its exposure to organised drugs crime by funding and helping manage the construction of a new police academy. Since a civil war in the late 1990s, Guinea-Bissau – a former Portuguese colony – has seen weak governments under attack from international narcotics rings.…

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PAINTING ROOFS AND ROADS WHITE - GROWING BUSINESS FOR THE US PAINTING AND COATING INDUSTRY



BY ANCA GURZU, MARK ROWE, PAUL COCHRANE AND KARRYN MILLER

THE COPENHAGEN conference on global warming may failed to have delivered a comprehensive global warming deal, but it did at least highlight an international consensus on the need to fight climate change and conserve energy: as a result, the global sales of paints and coatings that reflect heat and hence reduce the need for air conditioning are likely to rise.…

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SYRIA-EU BIO-BASED OILS AND FATS TRADE TO BENEFIT FROM FREE TRADE DEAL



BY PAUL COCHRANE and KEITH NUTHALL

SYRIA is such a staple of Middle East political turmoil, it is easy to forget that it is a near neighbour of Europe: less than 200 miles of sea separate it from Cyprus and it borders Turkey, which could be a European Union (EU) member by 2020.…

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WTO TELLS USA TO REFORM ANTI-DUMPING ASSESSMENT OF THAI PLASTIC BAG EXPORTS



BY KEITH NUTHALL

A WORLD Trade Organisation (WTO) disputes panel has told the USA that it should reform its assessment of anti-dumping duties on Thai exports to America of Polyethylene retail carrier bags. Concluding that the USA had "acted inconsistently with [the WTO’s] Anti-Dumping Agreement" by rounding down valuations of Thai exports or ‘zeroing’.…

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CHINA DOMINATES EXPLORATION AND PURCHASES OF MONGOLIA'S PROMISING OIL RESOURCES



BY MARK GODFREY

IT has not traditionally featured on prospectors’ radar but Mongolia is quickly emerging as an Asian oil exporter. Thanks to rising oil demand from China, the Petroleum Authority of Mongolia has inked production-sharing agreements on 12 oil fields with explorers from north America, Australia and China.…

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ARGENTINE LUXURY CLOTHING MARKET, SMALL BUT SOLID, WITH REFINED TASTES PREDOMINANT



BY PACIFICA GODDARD

DECLARED "an energetic and seductive city" by Giorgio Armani, Buenos Aires, the capital of Argentina, is a hotspot for fashion and design. Often called the ‘Paris of Latin America’, Buenos Aires consumers are well known for favouring trendy attire, and Argentine designers are developing a reputation globally for their creativity and excellent fashion sense.…

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MEXICO-BASED TOBACCO COMPANIES STAY POSITIVE DESPITE SETBACKS



BY KARRYN MILLER

WHEN Mexico’s economy faced a sharp decline last year, few industries were spared – tobacco included. A downturn in the world economy teamed with a slew of factors made a dent in the country’s tobacco sales. But in spite of this tobacco companies have remained positive.…

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ILLICIT TOBACCO TRADE BOOMING - GENERATING SWATHES OF ILLEGAL FUNDS



BY ALAN OSBORN,ANCA GURZU and KEITH NUTHALL

THE GLOBAL trade in illicit tobacco is huge and growing and a significant source of dirty money worldwide. Tobacco multinational British American Tobacco (BAT) estimates that 6.3% of cigarettes worldwide are illicit products (either counterfeit, smuggled or sold domestically on the black market), which makes 332 billion sticks, and that is a lot of cigarettes.…

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DOUBTS EMERGE OVER IMPACT OF AMERICAN HEALTHCARE REFORM ON NURSES



BY CRAIG HOWIE

GERI Jenkins has seen more than most in her 32 years as a registered nurse in California.

Recently, she said, an uninsured patient was admitted to San Diego Medical Center suffering from acute respiratory failure. Rather than demand immediate care, the desperately ill patient requested that his treatment wait for a week – until he turned 65 – when it would be paid for by the government’s medicare programme for senior citizens.…

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GLOBAL ROUND UP OF 2009 CLOTHING AND TEXTILE NEWS



BY KEITH NUTHALL

A YEAR of struggle would be the best way to sum up 2009 as far as the global clothing and textile industry is concerned. The depth and severity of the worldwide recession left many clothing and textile companies reeling, even impacting upon China, which had previously been dominating global markets.…

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BRUSSELS TO SPEND EURO 3 MILLION PROMOTING FRANCE, PORTUGAL ITALY WINES AND SPIRITS



BY KEITH NUTHALL

The European Commission will spend around Euro 3 million on promoting sales outside the European Union (EU) of French spirits, Italian and Portuguese wines over the next three years. It is spending Euro 1.2 million on marketing and information campaigns in Japan and north America coordinated by Italian wine federation Federdoc; Euro 1 million promoting Portuguese ‘vinho verde’ wines within China, Norway, Latin and north America, campaigns organised by the Comissão de Viticultura da Região dos Vinhos Verdes; and Euro 912 million on promoting Cognac, with campaigns in China, Russia and north America coordinated by France’s Bureau National Interprofessionnel du Cognac (BNIC).…

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EU/WTO ROUND UP - CONFECTIONERY COMPANIES BENEFIT FROM EU BILATERAL TRADE DEALS



BY KEITH NUTHALL

WITH the World Trade Organisation’s (WTO) Doha Development Round in the doldrums this year, the European Union (EU) has been focusing on bilateral trade deals and European confectionery producers will benefit.

The most important of recently struck agreements has been an EU-South Korea trade deal, which will create a virtual free trade zone between the signatories.…

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ASSET RECOVERY OFFICES HOPE TO REDUCE FINANCIAL CRIME



BY ALAN OSBORN

THE RECOVERY of criminally-acquired assets is driven by two quite different considerations – first as a deterrent to financial crime and second as a means of compensating the victim through restitution. Clearly where the fight against money laundering in concerned, the first is the more important.…

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EU ROUND UP - USA-EU ENERGY COUNCIL LAUNCHED



BY KEITH NUTHALL

A HOPEFUL sign that European Union (EU) and American energy policies could become more complimentary in the future has come with the launch of a new EU-US Energy Council in Washington. It will formalise transatlantic discussions on strategic energy issues such as security of supply and developing low carbon energy sources.…

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TOBACCO TRAVELLER - COLLECTION 2009 - ARGENTINA



BY PACIFICA GODDARD

THE CIGARETTE market in Argentina remained strong in 2008: the retail volume increased 3.12% from 2007 to 42.47 billion sticks, valued at Euro 1.72 billion, a 17.6% increase from 2007, according to the Argentine ministry of the economy.…

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KNITWEAR SIZING DIFFERENCES AROUND THE WORLD



BY LEE ADENDORFF, WANG FANGQING, and ANCA GURZU

FOR consumers, sizing is easy – you know your size and you can tell if it has changed. But for knitwear manufacturers exporting internationally, sizing correctly for various regions can be a frustrating task.…

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Kidnapping and human trafficking – the seamy side of globalisation

By Leah Germain, International News Services

Globalisation has created new opportunities for the transfer of people and products across borders, and broadened the scope of many businesses around the world. But it’s not all good news of course: one of the seamier sides of growing international commerce is the abduction and trafficking of human beings. 



The problem is getting worse. Just over a year since the collapse of the global market, countries around the world have reported a significant increase in cases of the exploitation of people for monetary gain. While cases of kidnapping and ransom continue to be common in African and Latin American countries, such as Nigeria and Venezuela, the majority of organized human trafficking cases are actually in Europe.…

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Sanctions could make flying more dangerous

By Paul Cochrane, in Beirut

Sanctions are one of those political issues that can make amiable dinner conversation turn unpleasant, as the battle lines are drawn down the table between those for and against. They have certainly had mixed success, starting with the first recorded case of a trade embargo some 2,400 years ago between Athens and neighboring Megara. That embargo failed and sparked a war.



Some argue they have had a spotty record since, while others prefer to pick-and-mix examples from embargoes through the ages to argue their case. The more pragmatic approach would be not whether sanctions “work,” but when and under what circumstances.

On one hand, those that are meant to oust a dictator but result in the deaths of thousands of innocent civilians – in Iraq for instance – can be considered counter-productive.…

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TOBACCO TRAVELLER - COLLECTION 2009 - CHILE



BY PACIFICA GODDARD

Despite recent efforts by the Chilean government to discourage and reduce smoking, Chileans continue to be amongst the heaviest smokers in Latin America. In fact, the cigarette market in Chile expanded in 2008: Chileans purchased 14.78 billion cigarettes compared to 13.97 billion in 2007 according the United Nations Statistics Division.…

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GLOBAL: Top business schools to be recognised



By Leah Germain

This week, Cape Town, South Africa will host representatives from the world’s top business schools to receive global rankings at the second annual Eduniversal World Convention. The Paris-based education specialists will rank the best 1,000 business schools from 153 different countries.…

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FRAUD AND CORRUPTION MAJOR PROBLEM IN EU HEALTH CARE SYSTEMS



BY KEITH NUTHALL

AWARENESS amongst British nurses, especially senior nurses, of fraud and corruption in the National Health Service (NHS), is high today – thanks in part to the NHS’ Counter Fraud and Security Management Service (CFSMS). Its work has encouraged honest nurses to blow the whistle on such crimes in British healthcare systems, and has recently been praised by the European Healthcare Fraud and Corruption Network (EHFCN), which was formed in 2005 to fight the problem across Europe.…

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TOBACCO TRAVELLER - COLLECTION 2009 - CHILE



BY PACIFICA GODDARD

Despite recent efforts by the Chilean government to discourage and reduce smoking, Chileans continue to be amongst the heaviest smokers in Latin America. In fact, the cigarette market in Chile expanded in 2008: Chileans purchased 14.78 billion cigarettes compared to 13.97 billion in 2007 according the United Nations Statistics Division.…

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ANDREA PERRONE SAYS BRIONI WILL TAP GROWING EMERGING MARKET SOPHISTICATION



BY ALAN OSBORN

ANDREA Perrone talks of when he was a child, and his father – a lawyer and the CEO of Brioni Retail – used to bring home customers from South America for lunch or dinner at the family’s residence in Abruzzi, Italy.…

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ILLICIT DRUG MANUFACTURERS TARGET PHARMACEUTICAL CHEMICALS TO MANUFACTURE ILLEGAL NARCOTICS



BY EMMA JACKSON

MEDICINE is meant to treat disease, kill viruses and save lives, but the chemicals used to make pharmaceuticals can sometimes do more harm than good – when they are used to make illicit narcotics and psychotropic drugs.

Illicit drug makers have long targeted the global pharmaceutical industry to source their products’ ingredients to help manufacture illicit street drugs including cocaine, heroin, ecstacy and methamphetamines.…

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Has President Obama lost his mojo?

By Katherine Dunn and Alan Osborn, International News Services

Has President Obama lost it? Many Americans are now saying so following the slump in his public approval ratings in recent months. Few presidents were elected with such jubilation as Mr Obama last November, and not just in America. He rode the crest of an unprecedented worldwide wave of acclaim to the presidency. Now the criticism and backbiting has begun.



Is it just the traditional end of the honeymoon, as all new American presidents have suffered? Or is there a more serious factor here – a chilling realisation that there was nothing much behind the hype?  

Obama’s popularity was ramped up to such an extent that the whole world – not just America – felt that something truly historical had occurred.

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New textile e-book offers invaluable resource

By Emma Jackson, International News Services

Global news agency International News Services Ltd – in association with world-leading business publisher Aroq Ltd - has released a major new e-book compiling global textile regulation news and analysis since 2001. This comprehensive 157 page report offers clothing and textile companies, consultants and lobbyists a survey of the sector’s rapid evolution to a free, global market in the last 10 years.



The report is a detailed backgrounder of the last decade’s textile policy, collected and arranged in a concise document with monthly summaries to direct and help select topics and an essential background brief for marketers seeking to break into new markets, or lobbyists wanting to understand the rationale behind trade regulations they want changed.

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DRUG PRECURSORS PLAGUE PHARMACEUTICAL INDUSTRY



BY EMMA JACKSON

GIVING Sudafed to a stuffed-up patient hardly seems unusual, but in the hands of clandestine drug producers decongestants can become downright dangerous. Used to make methamphetamines (also known as ‘crystal meth’), drug barons crave common pharmaceuticals to keep their operations moving.…

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COSMETICS INGREDIENT DIVERSION TO ILLICIT DRUG MANUFACTURERS MAY NEVER BE STOPPED



BY EMMA JACKSON

REAPPLYING perfume ten times a day may not count as an addiction, but the ingredients found in your favourite scent could certainly lead to one: cosmetic ingredients have been historically targeted by clandestine drug manufacturers as sources of chemicals used to produce illicit street drugs such as cocaine, heroin and methamphetamines.…

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COLOMBIA: IFC funds to promote education for low-income students



By Leah Germain

The World Bank’s International Finance Corporation (IFC) is investing US$8 million into Colombia’s private higher education sector to promote affordable technical and professional education for the country’s low and middle-income students. The funds will help finance the private Colombian university, Corporación Universitaria Minuto de Dios (Uniminuto).…

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GLOBAL OILSEEDS BUSINESS HITS CRISIS OVER EU ZERO-TOLERANCE GM CONTAMINATION RULES



BY ALAN OSBORN

A NEW crisis over the presence of genetically modified (GM) ingredients in food and livestock feed has once more focused attention on the European Union’s (EU’s) controversial GM policies. It has especially raised the spectre of job losses, farm bankruptcies and higher consumer prices if a relaxation of the current de facto zero tolerance restriction applying to unauthorised GM products is not agreed soon.…

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CONCERN RISES OVER THE COST OF SHIPPING AMERICAN OILS AND FATS BY RAIL



BY RUSSELL BERMAN

THE AMERICAN bio-based oils and fats sector is watching closely the development of key proposals and recommendations that could significantly alter the way goods are shipped across the country.

One of its most pressing transport concerns is an advancing proposal to end a decades-long antitrust exemption for freight rail.…

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ARGENTINA CONTINUES TO EXPAND ITS SOY EXPORT TRANSPORT FACILITIES



BY PACIFICA GODDARD

TRANSPORT infrastructure investments to help grow Argentina’s major (but currently troubled) soy export sector have continued, with the hope that the recent growth in the industry will become permanent.

In the mid-1990’s Argentina was producing a modest 11 to 12 million metric tonnes (mt) of soy per year.…

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BRUSSELS COMPLAINS OF AMERICAN TRADE RESTRICTIONS ON EU COSMETICS EXPORTS



BY KEITH NUTHALL

THE EUROPEAN Commission has released a report highlighting American trade barriers that impede European Union (EU) cosmetics exports to the USA. Brussels and Washington have been discussing outstanding tariff and red-tape problems through a Transatlantic Economic Council. But a new Commission-published US Barriers to Trade and Investment Report for 2008 stressed "trade barriers and differences that hinder trade and investment."…

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FOOTBALL IS RIDDEN WITH COMMERCIAL CRIME: FATF



BY KEITH NUTHALL

FOOTBALL maybe the ‘beautiful game’, but it is also a cesspool of international commercial crime. Keith Nuthall reports.

THERE has always been more than a hint of raffishness about the world’s most popular sport football, or soccer as it is known in north America and Australasia.…

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EUROPEAN COMMISSION CLAIMS US LABELLING RULES AND ECO-TAXATION ARE UNFAIR TO EURO-MANUFACTURERS



BY KEITH NUTHALL

THERE is much work required by the United States government and the European Union (EU) to disarm trade barriers impeding EU auto exports, a new European Commission report has claimed.

The EU executive highlights three particular grumbles with existing US legislation, it claims gives American (and Canadian) automakers unfair advantages over European rivals.…

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BRUSSELS COMPLAINS OF AMERICAN TRADE RESTRICTIONS ON EU WINE AND SPIRIT EXPORTS



BY KEITH NUTHALL

A WIDE range of concerns about American trade barriers impeding European Union (EU) wine and spirit exports to the USA have been highlighted in a new European Commission report. Its US Barriers to Trade and Investment Report for 2008 stressed "there still exist trade barriers…that hinder trade".…

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GLOBAL FOOD COMMODITY PRICE VOLATILITY HERE TO STAY



BY ANDREW CAVE

Food commodity prices are seldom out of the news nowadays, due to a mushrooming global population, the food-for-fuel controversy, an increasing focus on sustainability and the continued growth of the organic sector. However, beyond the generality of crop prices spiralling to new highs in 2007 and 2008 and then plummeting – in some cases – back to where they were before the boom, the picture is far from uniform.…

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CHINESE CARMAKERS ARE PREPARING TO SEEK THE ULTIMATE PRIZE, EUROPEAN MARKETS



BY MARK GODFREY

ONE might wonder why Chinese car makers would want to go abroad: China’s auto sales are up by as much as 40% in the first half of 2009 according to the National Bureau of Statistics here. Yet Chinese car firms have been gunning hard for sales in the UK and western Europe, both deemed as vital to global expansion plans developed by automakers BYD and Chery, explained Yale Zhang, a Beijing-based auto analyst at CLSA, an investment bank.…

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COPENHAGEN SUMMIT OFFERS TECHNOLOGY TRANSFER OPPORTUNITIES FOR POWER PRODUCERS



BY KEITH NUTHALL

THERE is a sense, in the rivers of documents pouring from international talks to replace the Kyoto Protocol with a new global warming treaty in Copenhagen this December that the chickens are really coming home to roost.

For the first time – at July’s G8 summit in Italy – there was a common near-universal declaration that humankind has been messing up the climate and has to stop filling the atmosphere with carbon dioxide and other greenhouse gases.…

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UKRAINE SECURES FINANCING DEAL TO SHORE UP GAS TRANSMISSION TO EUROPE



BY KEITH NUTHALL

THE UKRAINE government has secured a major loan package designed to secure its reliability as a winter suppler of gas to Europe through improving its gas storage and distribution. The European Commission welcomed the deal, which it helped broker.…

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TORONTO'S PEARSON AIRPORT OVERHAULS ITSELF WHILE CONTINUING OPERATIONS



BY JAMES BURNS

REDEVELOPING major international airports is always a challenge – especially when they have grown incrementally. Sometimes the best plan is to rip it up and start again, to quote a popular 1980’s pop song. And that is what happened at Toronto’s Pearson International Airport – Canada’s largest hub.…

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EUROPEAN COSMETICS COMPANIES STILL SHY AWAY FROM GM INGREDIENTS



BY ALAN OSBORN

THERE seems little doubt that European consumers are not only still hostile to the idea of buying products containing genetically-modified organisms (GMOs), they may actually becoming increasingly negative. They just don’t like the idea of applying creams or make-up from organisms containing genes from different and often unrelated species introduced to give them special qualities such as pest or disease resistance.…

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UNDER- AND OVER-INVOICING TOUGH NUT TO CRACK FOR MONEY LAUNDERING INVESTIGATORS



BY DEIRDRE MASON

UNDER- and over-invoicing is an effective means of money laundering that is proving to be a complex nut to crack for the agencies charged with tracking down fraud and its proceeds. Money launderers can move large sums between countries by undervaluing exports to a foreign destination or by overvaluing imports.…

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CLOTHING CULTURE: HAW FAR MUST INTERNATIONAL DESIGNERS CUT THEIR CLOTH TO SUIT LOCAL TASTES



BY PHILIPPA JONES, in Paris; LEE ADENDORFF, in Lucca, Italy; KARRYN MILLER, in Tokyo; and LUCY JONES, in Dallas

IT almost seems commonsense to say that an industry providing such a human product as clothing has to take account of cultural sensibilities in target markets.…

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GREEN REGULATION OF AUTO SECTOR SPREADS AND DEEPENS WORLDWIDE



BY ALAN OSBORN, in London; RUSSELL BERMAN, in Washington DC; JULIAN RYALL, in Tokyo; RAGHAVENDRA VERMA, in New Delhi; BY WANG FANGQING, in Shanghai; EMMA JACKSON, in Ottawa; KARRYN MILLER; and KEITH NUTHALL

THE AUTOMOBILE sector maybe one of the most globally integrated manufacturing industries on the planet, but national governments (or continental bodies in Europe) still hold sway regarding regulation.…

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ENCOURAGING THE DEVELOPMENT OF 'INDIGENOUS' KNOWLEDGE



BY KEITH NUTHALL

UNESCO recognises a split between knowledge spread through standard higher education systems, based on the formal western model, and knowledge rooted in cultures, passed on locally down the generations. It calls this ‘indigenous’ knowledge in reference to peoples whose culture was usually downgraded in the past if they were colonised or subjected to strong foreign cultural influences, especially from Europe and north America.…

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USA HONEY BEE POPULATIONS PLUMMET



BY KEITH NUTHALL

HONEY bee colony losses across the USA were approximately 29% from all kinds of diseases September 2008 to April 2009, according the Apiary Inspectors of America and the US Department of Agriculture. This follows a 36% loss from 2007 to 2008, raising concern about the future of American commercial honey production.…

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PCAOB FACES SUPREME COURT THREAT



BY RUSSELL BERMAN

AMERICA’S Public Company Accounting Oversight Board (PCAOB) could be altered or even scrapped entirely after the US Supreme Court agreed to consider a lawsuit challenging the constitutionality of the 2002 law that created it.

As the highest judicial authority on the country, the Supreme Court’s announcement on May 18 that it would hear a case this autumn brought against the Sarbanes-Oxley Act of 2002 has caused a major stir.…

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SCIENTIFIC DEVELOPMENT IN EMERGING ECONOMY AND POORER COUNTRIES BECOMES INCREASINGLY UNEVEN



BY KEITH NUTHALL

IT has long been outmoded and inaccurate to split the world into two camps: industrialised developed economies, and largely agricultural developing countries. The growth of the 1990s and the current decade means there is a wide range of social and economic sophistication and wealth amongst the poorer of these two old-fashioned categories.…

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UN TESTS NON-CHEMICAL METHODS OF FIGHTING MALARIA



BY KEITH NUTHALL

A WIDE range of non-chemical methods of fighting malaria will be tested by the UN Environment Programme (UNEP), the World Health Organisation (WHO) and 40 countries in Africa, the eastern Mediterranean and central Asia. These tactics include eliminating potential mosquito breeding sites; securing homes with mesh screens; growing mosquito-repellent trees; and breeding fish that eat mosquito larvae.…

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INNOVATION IN DRINKS PACKAGING MORE INTENSE THAN EVER IN GLOBALLY COMPETITIVE MARKETPLACE



BY MARK ROWE, in London; KARRYN CARTELLE, in TOKYO; RUSSELL BERMAN, in Washington DC; and MONICA DOBIE, in Ottawa

INNOVATION in drinks packaging is more intense today than it has been for decades, with cutting edge innovation in intelligent materials, microchip integration and nanomaterials allowing designers to create boxes, bottles, cans and sacks that they could not dream of before.…

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DRINKS INDUSTRY LOBBYISTS - A GLOBAL REVIEW



BY KEITH NUTHALL, ALAN OSBORN, DAVID HAWORTH, RUSSELL BERMAN, MARK GODFREY and GAVIN BLAIR

INTRODUCTION

WHILE the drinks industry is undoubtedly an important sector in the global economy, the honest truth is that there are bigger players in town: the IT sector, steel making, and food, to name a handful.…

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EU ADVISORY COMMITTEE WARNS RECESSION COULD PROMPT UNDER-CAPACITY IN EUROPEAN AUTO SECTOR



BY KEITH NUTHALL

A KEY advisory body within the European Union (EU) has warned that UK and other European dealers may have to import more cars in future from Asia, north America and elsewhere, because it fears the recession may cause structural under-capacity amongst EU manufacturers.…

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IRAN STILL INTERNATIONAL PARIAH OVER MONEY LAUNDERING REGULATIONS



BY PAUL COCHRANE

IRAN has been under international financial and other trading scrutiny since the Islamic revolution 30 years ago, with sanctions by the United States tightened under the Clinton administration through the Iran-Libya Sanctions Act. And since Iran’s decision to embark on a nuclear programme, US sanctions have intensified, but in the face of such restrictions Iranian banks and individuals are increasingly using joint venture banks in the Middle East and South America to bypass scrutiny.…

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EU ADVISORY COMMITTEE WARNS RECESSION COULD PROMPT UNDER-CAPACITY IN EUROPEAN AUTO SECTOR



BY KEITH NUTHALL

A KEY advisory body within the European Union (EU) has called for special efforts to prevent recession-prompted rationalisation within the European auto sector going leading to long-term under-capacity in the sector.

The European Economic and Social Committee (a long established expert group that must be consulted on a range of issues by other EU institutions) has warned in a formal opinion that "care must be taken not to equate structural problems with overcapacity alone."…

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INTRODUCTION - RENEWABLE ENERGIES FORGE AHEAD - BUT FROM A LOW BASE



BY KEITH NUTHALL, LEAH GERMAIN and MONICA DOBIE

MAYBE the best sign that renewable energies have hit the mainstream is that they now have their very own international organisation: the International Renewable Energy Agency (IRENA). Launched in Bonn, Germany, this January, with the support of 76 countries, including its host nation, Spain, Italy, France and Sweden, the roster of signatory nations has since been swollen by India and Belarus.…

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INTERNATIONAL ANTI-MONEY LAUNDERING ORGANISATIONS HAVE ELITE CADRE OF SPECIALISTS



BY ALAN OSBORN

IN this year’s Money Laundering Bulletin series of articles on the development of an international profession of anti-money laundering (AML) specialists, we have often examined specialists working at the sharp end. But that is not the whole story of course.…

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GLOBAL COATING SECTOR WELL POSITIONED TO RIDE OUT FALL IN AUTO INDUSTRY SALES



BY RUSSELL BERMAN

WITH the auto industry in the United States and Europe in the midst of an unprecedented downturn, the international paints and coatings sector has taken a deep hit as well and has been forced to turn to painful strategies in the hopes of riding out the recession.…

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USA BIOFUEL INDUSTRY RECEIVING BOOST FROM NEW OBAMA ADMINISTRATION



BY RUSSELL BERMAN

THE SWEEPING energy reforms being undertaken by the new administration of US President Barack Obama include billions of dollars in funding for biofuels and other clean energy sources.

America’s biofuels industry is applauding Mr Obama’s early moves, although advocates are still awaiting regulatory directives on renewable fuel standards.…

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USE OF BIOFUELS GROWING IN GLOBAL AVIATION



BY KARRYN MILLER

"THE STONE Age did not end for lack of stone, and the oil age will end long before the world runs out of oil," said Sheik Ahmed Zaki Yamani in 2003, former oil minister of Saudi Arabia. Six years on Mr Yamani’s words appear to ring true more than ever before – with alternative fuels becoming a viable petroleum substitute.…

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RECESSION PROVOKES INCREASED RELIANCE ON CHINESE MARKETS FOR HONG KONG KNITWEAR PRODUCERS



BY MARK GODFREY

THE EMPTINESS of the Giordano store in the departures terminal at massive Baiyun International Airport outside the southern Chinese megapolis of Guangzhou suggests hard times for Hong Kong’s most vaunted and ambitious apparel retailer. This is the capital of wealthy Guangzhou province after all, the manufacturing base for most of Hong Kong’s garment firms.…

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USA: Recession hits one of America's wealthiest universities



By Keith Nuthall

One of America’s richest higher education institutions – Duke University – has unveiled a business plan to help it deal with the global recession, which will see demand for student support clashing with declining revenues.

Its president Richard H.…

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US AIRPORT INDUSTRY AWAITS MAJOR PUBLIC FUNDING THROUGH OBAMA ADMINISTRATION



BY RUSSELL BERMAN

THE AIRPORT industry in the USA has benefited from new President Barack Obama’s sweeping stimulus package, which provided US$1.1 billion for enhancements to airport infrastructure.

Although just a small slice of the US$787 billion spending bill, funds for new construction are expected to be quickly distributed through federal Airport Improvement Program grants in a broader effort to create immediate jobs and jumpstart the ailing American economy.…

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OBAMA ADMINISTRATION'S OPTIONS TO PROTECT US KNITTING INDUSTRY ARE LIMITED



BY LUCY JONES

KNITWEAR featuring Barack Obama’s image stole the limelight at the Paris fashion week last autumn but whether the love will be returned to the global knitwear industry has yet to be seen.

Indeed, there is cause for concern, because Obama used protectionist rhetoric on the campaign trail.…

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FINANCIAL INSTITUTIONS IN THE DARK OVER COST EFFECTIVENESS OF ANTI-MONEYLAUNDERING CONTROLS



BY ANDREW CAVE

IT is perhaps the ultimate irony in the anti-money laundering crusade. The industry, devoted as it is to the movement of cash and software algorithms that help track it, has no shortage of statistics detailing the numbers of suspicious transactions reported, illegal monies seized and criminals prosecuted.…

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USA: Researchers help peanut farmers with X-ray technology



By Leah Germain

Researchers may sometimes complain they work for peanuts, but scientists at the USA’s National Peanut Research Laboratory have shown that this is not always a bad thing: they have developed new high-tech grading methods that could dramatically boost the American peanut industry.…

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INTRODUCTION - NUCLEAR ENERGY ANSWERS ITS CRITICS



BY KEITH NUTHALL, EMMA JACKSON and ALAN OSBORN

IN the early 1990s the nuclear power industry faced a bleak outlook. High profile accidents such as in Chernobyl and Three Mile Island in, Pennsylvania, the USA, had raised public concern about the safety of the industry to all time high.…

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NUCLEAR ENGINEERING HIGHER EDUCATION STRUGGLING TO KEEP UP WITH RENEWED DEMAND FOR ITS COURSES AND EXPERTISE



BY KEITH NUTHALL, EMMA JACKSON and ALAN OSBORN

FEW things say more about the growing enthusiasm for nuclear power than the rush of young students eager to make a career in the industry. It is happening mainly in America but other countries are now beginning to see the same development.…

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NUCLEAR POWER GENERATION HAS EXPERIENCED A ROLLER COASTER RIDE OF DEVELOPMENT AND DOUBT



BY KEITH NUTHALL, EMMA JACKSON and ALAN OSBORN

Although today’s nuclear technology is used primarily to produce electricity, meeting about 14.2% of the world’s demand, the birth of nuclear power, like many technologies, was not intended for civilian use. Rather, it was used to harness a militaristic advantage at the onset of the Second World War.…

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REACH STARTS ROLL OUT WITH TEETHING TROUBLES, BUT NO DISASTERS FOR COSMETICS SECTOR



BY KEITH NUTHALL

IF the number of notifications received by the European Chemicals Agency (ECHA) for pre-registering the use of chemicals by businesses making or importing chemicals in Europe is a gauge of success, then the new REACH control system is performing with aplomb.…

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COSMETICS MAJORS MUST MARKET TO DISTINCT ISRAEL AND ARAB MARKETS IN MIDDLE EAST



BY PAUL COCHRANE

THE COSMETICS and personal care sector in the Middle East is one of the fastest growing in the industry worldwide, registering 12% annual growth in the three years to 2008, and valued at US$2.1 billion, according to trade experts Epoc Messe Frankfurt (EMF).…

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EMEA MOVES TO BOOST CONTROLS OF NON-EU CLINICAL TRIALS



BY KEITH NUTHALL

INCREASED controls on clinical trials staged outside the European Union (EU) and north America are planned by the European Medicines Agency (EMEA). The EU agency has released a report noting the "growing concern both among regulators and in public debate about how well these trials are conducted from an ethical and scientific/organisational standpoint…and the supervision of these trials."…

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TOUGH REGULATORY ENVIRONMENT LOOMS FOR AMERICAN TOBACCO SECTOR



BY JOSEPH GOLDSTEIN

PRESIDENT Barack Obama, an intermittent smoker, has been very coy about the status of his nicotine habit, which he has tried to kick several times. So, the question of whether the no-smoking rule at the White House will outlast the Obama presidency, or even if it should, has received no small amount of attention from journalists and in Washington circles.…

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'GOLDEN AGE' MAY BE LOOMING FOR MARGARINE IN QUEBEC



BY JAMES BURNS

THE LAST jurisdiction to outlaw yellow margarine finally got in line with the rest of the world last July when the Quebec provincial government in Canada repealed a 21-year-old law forbidding the sale of yellow margarine.

This marked the end of North America’s official long-standing antipathy towards the popular fat.…

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SOUTH AMERICA OFFERS TOBACCO MAJORS LUCRATIVE MARKETS, DESPITE TIGHTENING REGULATION



BY PACIFICA GODDARD

WHILE net revenues for tobacco product sales in some key countries in South America have experienced growth in the last few years, in general the regional tobacco product market is stagnant. Producers blame increased excise rates, public health awareness, and new and more rigidly enforced regulations for the gloom.…

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CLOTHING AND TEXTILE SUBSIDIES - UNDER PRESSURE, BUT STILL AVAILABLE



BY ALAN OSBORN, LUCY JONES and KEITH NUTHALL

INTRODUCTION

CLOTHING and textile production and trade subsidies are under pressure today, as they have not been for many years. There has been a steady trend towards liberalisation in the sector worldwide, stemming from the abolition of the World Trade Organisation’s (WTO) Agreement on Textiles and Clothing (ATC) in January 2005 and with it, then end of restrictive quotas for imports for the WTO’s 152 member countries.…

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INTERNATIONAL REPORT ON FOOD AND DRINK REGULATORS WORLDWIDE



BY ALAN OSBORN

STANDFIRST

Every country has its own food and drink regulatory body or bodies: in the first place to ensure that its citizens eat safely and in the second to help safeguard its position in the rapidly-growing world food trade.…

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AMERICAN SCIENTISTS DEVELOP PLANT THAT CAN GROW POLYMERS



BY MONICA DOBIE

SCIENTISTS from America’s University of Missouri have developed a way of actually growing plastics derived from plants.

Although plant-based plastics are not new (for instance – soy-oil based plastics have long been available), actually growing polymers able to be processed directly into plastics is a groundbreaking development.…

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New Kyoto Protocol talks will be key 2009 focus

By Eric Lyman, in Poznan, Poland, for ISN Security Watch

 As countries battle to come up with a plan to limit greenhouse gas emissions in 2009, attention will almost surely begin to focus on two main players that hold the fate of the international process in their hands: the US and China.



December’s United Nations negotiations on climate change in Poznan, Poland, concluded with relatively little progress. Delegates voted to activate a fund to help poor countries adapt to the changing climate, for example, but they did not approve a mechanism to put cash in the fund.…

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ANTI-MONEY LAUNDERING IS BECOME A PROFESSION, BUT A UNIVERSAL MODEL IS FAR AWAY



BY ALAN OSBORN

A RELATIVE newcomer has joined the ranks of the world’s professionals in the financial services sphere – the anti-money laundering practitioner. True, not everybody would agree that he or she warrants a place up there with accountants, lawyers and the other traditional professionals.…

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EU RECEIVED ANOTHER WTO SLAP OVER BANANA TRADE



BY KEITH NUTHALL

THE WORLD Trade Organisation (WTO) has again censured the European Union (EU) for breaching global trading rules on its long running banana dispute with the USA and Latin America. An appellate panel of the WTO disputes settlement body found the EU’s discriminatory regime favouring imports of Caribbean and African bananas over central and south American fruit illegally harms American fruit companies.…

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TRI-BORDER ZONE FUELS ILLICIT TOBACCO TRADE



BY PACIFICA GODDARD and KEITH NUTHALL

THE TRI-BORDER area between Brazil, Argentina and Paraguay in South America is a notorious breeding ground for illicit activity, and the tobacco industry suffers more than most. Contraband goods of every description pass through Paraguay’s trading hub, Ciudad del Este – CD’s and DVD’s, fake designer clothing, sunglasses and watches, sports shoes, games and electronics, and of course one of the world’s most smuggled and lucrative legal substances: cigarettes.…

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FUEL RETAIL SECTORS CAN BE LOW PRIORITY FOR OIL-RICH CARIBBEAN AND LATIN AMERICAN STATES



BY PACIFICA GODDARD, in Caracas; MARVIN HOKSTAM, in Paramaribo, JAMES FULLER, in Port of Spain

IT may seem like a good thing for fuel retailers to be based in country that is sitting on a bounty of fuel reserves. But that is not necessarily the case, as many Latin American and Caribbean retailers can testify.…

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EU AUDITORS HIGHLIGHT CONTINUED EU MISMANAGEMENT AND CORRUPTION - BUT AT LEAST THE BOOKS ARE STRAIGHT



BY KEITH NUTHALL

AS the current European Commission begins its final year in office, has it fulfilled its promises to slash European Union (EU) fraud? Only in part, reports Keith Nuthall

IT was one of the major priorities of the European Commission led by president José Manuel Barroso: get a handle on the financial crime that bleed EU budgets of millions in Euros every year.…

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THE BEST STYLE MODEL? INTEGRATED TEXTILE AND CLOTHING COMPANIES, OR NETWORKS OF INDEPENDENT SUPPLIERS?



BY PHILIPPA JONES, DOMINIQUE PATTON and LUCY JONES

The growth in outsourcing within the clothing and textile sector worldwide has highlighted a key issue, and that is the relative merits of running an integrated company that handles basic production and design, or relying on a string of specialist suppliers to deliver the goods, from fibre supplies, to textile manufacture, design, clothing assembly and retail.…

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GLOBAL: Nuclear engineering fights back after a generation in the shadows



By ALAN OSBORN

For long the Cinderella of the engineering industry, nuclear power appears to be regaining its popularity as a career choice with a surprising increase in university courses, mainly but not exclusively in the US. In some countries, like France, enthusiasm has never faltered and a clear career pattern in nuclear sciences has been established for years.…

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OBAMA ADMINISTRATION COULD PUSH POWER TRANSMISSION INVESTMENT AND A DASH TO GAS



BY MICHAEL ROSTON

ENERGY policy has been at the front and center of American politics, and played a major role in the 2008 presidential election. The candidates, Senators Barack Obama and John McCain, skirmished often on the best ways to deal with the cost of energy and global climate change, with Obama making the creation of millions of green jobs a centerpiece of his appeal to American voters.…

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GLOBAL: NUCLEAR ENGINEERING EDUCATION - BACK IN FASION AGAIN



By Alan Osborn

FEW things say more about the growing enthusiasm for nuclear power than the rush of young students eager to make a career in the industry. It is happening mainly in America but other countries are now beginning to see the same development.…

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NEW AUTOMOBILE PLANTS BLAZE TRAIL IN NEW TECHNOLOGY AND GOOD PRACTICE



BY DEIRDRE MASON, JAMES BURNS, and JULIAN RYALL

With technological change being forced upon the auto manufacturing industry by high oil prices, plants are being retooled faster than in living memory. At such a time, companies are always looking for new ideas and technology.…

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WHERE IS THE BEST CUTTING EDGE RESEARCH FOR THE TEXTILE AND CLOTHING SECTOR?



BY LEE ADENDORFF, in Lucca, Italy; PHILIPPA JONES, in Paris; DOMINIQUE PATTON, in Beijing; KARRYN CARTELLE, in Tokyo; and LUCY JONES, in Dallas

Where is the best cutting edge research for the textile and clothing industry? Which are the best design schools, the best fabric developers and the best industrial innovators in the sector?…

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KEY NEGOTIATORS RAISE PROSPECT OF DOHA DEAL BY CHRISTMAS



BY KEITH NUTHALL

AS world leaders gather in Washington for tomorrow’s key G20 meeting, key negotiators within the World Trade Organisation’s (WTO) Doha Development Round have suggested a deal could be struck by Christmas. The European Union (EU) and possibly the United States are expected pressure India, China and others to strike a Doha deal this year at the summit.…

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MINERAL OIL PRICE RISES LESS IMPORTANT FOR COSMETICS PRODUCERS THAN FORMULA FIT WHEN SWITCHING TO BIO-BASED OILS AND FATS



BY JAMES BURNS, PHILIPPA JONES, KARRYN MILLER and FRANCES WANG

IF anything would drive the cosmetics sector away from mineral oils into the arms of bio-based oils and fats suppliers, it is surely the high crude oil prices that punished buyers before they began to fall steeply in the summer.…

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NEW EASTERN EUROPEAN EU MEMBER STATES HAVE SPENT EURO MILLIONS ON SCHENGEN BORDER TECHNOLOGY



BY MARK ROWE

ONE of the major elements of the 2004 enlargement of the European Union (EU) was its intended expansion to these new member states of the Schengen agreement, which phases out checks at shared borders and allows free movement for all within the EU.…

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ELECTION OF OBAMA AS PRESIDENT COULD HERALD SHAKE UP IN US AML LEGISLATION



BY ALAN OSBORN

IT may come to nothing, but anti-money laundering practitioners in the USA have some cause for confidence following November’s historic presidential election. For the next four years at least America is going to be led by a man who has a track record in fighting money launderers and other financial criminals.…

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MIT SCIENTISTS PROPOSE HALFWAY HOUSE COAL CARBON CAPTURE



BY MONICA DOBIE

RESEARCHERS from America’s Massachusetts Institute of Technology (MIT) have proposed existing US coal power plants use a partial capture technology netting 45%-65% of emissions to generate electricity as opposed to 90%. They say such systems would be less expensive, while limiting CO2 emissions to those from natural gas power plants.…

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EU RECEIVED ANOTHER WTO SLAP OVER BANANA TRADE - COULD WEAKEN BRUSSELS IN DOHA TALKS



BY KEITH NUTHALL

THE WORLD Trade Organisation (WTO) has again censured the European Union (EU) for failing to comply with global trading rules on its long running banana dispute with the USA and Latin America. An appellate panel of the WTO disputes settlement body found the EU’s discriminatory regime favouring the import of Caribbean and African bananas over central and south American fruit does illegally harm American fruit companies: "it nullified or impaired benefits accruing to the United States" under the WTO’s general agreement on tariffs and trade (GATT).…

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AIRPORT INDUSTRY KEEPS CLOSE WATCH ON OBAMA TRANSITION TO USA PRESIDENCY



BY RUSSELL BERMAN

THE AIRPORT industry worldwide is keeping a close watch on the transition to the newly elected US presidential administration of Barack Obama for signs of what changes he and his Democratic allies in Congress will bring to civil aviation and airport security policy.…

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PANAMA CANAL EXPANSION GETS BOOST FROM IFC



BY KEITH NUTHALL

THE INTERNATIONAL Finance Corporation (IFC) of the World Bank making a very tangible contribution to the growth in world trade at a time of global recession by lending US$300 million to help expand the Panama Canal. This 20-year financing will support a US$5.25 billion project to double the canal’s capacity to more than 600 million Panama Canal tons, allowing it to handle large post-Panamax container ships that have become the new industry standard.…

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SEC REVIEW MEMBER CALLS FOR URGENT ACTION BY NEWLY ELECTED OBAMA ON ACCOUNTING ISSUES



BY SARAH BROWN

A FORMER chairman of America’s federal Deposit Insurance Corporation has called on the incoming Obama administration in the USA to start working on accounting reforms as soon as the new president takes office on January 20.

Speaking to Accountancy Age a day after the decisive election of Barack Obama as the 44th president of the United States, William M Isaac said: "I think generally that our accounting rules, as well as the way in which we set them, ought to be a very high priority for the Obama administration."…

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FAIR VALUE PROBABLY SAFE IN OBAMA'S HANDS



BY JOSEPH GOLDSTEIN

THE VICTORY of the next USA president, Barack Obama and the expansion of his Democratic Party’s control over Congress are likely to dampen calls to end the use of fair value accounting in America.

With Democrats now firmly in charge of the country’s economic agenda, supporters of fair value accounting can probably breathe a sigh of relief this side of the Atlantic.…

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RUSSIA'S PAINT AND COATINGS SECTOR POWERS ON DESPITE CREDIT CRUNCH



BY MARK ROWE

THE CREDIT crunch may be about to apply the handbrake to the Russian economy, but its paint industry continued to flourish in 2008, mirroring the expansion of wealth in the country, and suggesting the sector may buck the expected downturn in the coming 12 months.…

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ELECTION OF BARACK OBAMA AS PRESIDENT HERALDS MAJOR OVERHAUL OF US ENERGY POLICY



BY RUSSELL BERMAN

THE US president-elect, Barack Obama, will take office later this month (Jan 20) having promised sweeping changes to America’s energy policy. This includes aggressive regulations on carbon emissions to combat climate change and substantially increased government funding for alternative energy with the aim of creating a new "green" sector of the American economy devoted to the development of renewable energy, energy efficiency, clean coal and other sources.…

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STORM CLOUDS LOOM FOR AMERICA'S NUCLEAR INDUSTRY AS OBAMA PRESIDENCY LOOMS



BY SARAH BROWN

WHEN US President-elect Barack Obama takes office this January 20, the transition of power may halt plans for a nuclear waste repository at Yucca Mountain in Nevada and could impede the progress of new nuclear energy development across America.…

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EU RECEIVED ANOTHER WTO SLAP OVER BANANA TRADE



BY KEITH NUTHALL

THE WORLD Trade Organisation (WTO) has again censured the European Union (EU) for breaching global trading rules on its long running banana dispute with the USA and Latin America. An appellate panel of the WTO disputes settlement body found the EU’s discriminatory regime favouring imports of Caribbean and African bananas over central and south American fruit illegally harms American fruit companies.…

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SEQUENCING OF COCOA GENOME COULD IMPROVE RELIABILITY AND QUALITY OF THIS KEY INGREDIENT



BY MARK ROWE

THE CHOCOLATE giant Mars has begun work on sequencing the cocoa genome, a move that it says could dramatically improve the health and yields of cocoa growers around the world, guaranteeing food manufacturers with more reliable and high quality supplies.…

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NEW YORK ATTORNEY GENERAL ANDREW CUOMO, THE NEXT CHRIS COX?



BY JOSEPH GOLDSTEIN

AS the US presidential election draws nigh, speculation is mounting about who may replace Christopher Cox as the next chairman of the Securities and Exchange Commission (SEC).

One name in the frame is Andrew Cuomo, the attorney general of the state of New York.…

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OBAMA FAVOURS BALANCE; MCCAIN DEREGULATION - THE BIG US IFRS/FAIR VALUE DEBATE



BY ROEL CAMPOS

ONE can expect that the next United States administration, whether McCain or Obama, will address as a high priority the overall US financial regulatory structure. Two specific issues that will require immediate attention are fair value accounting and whether to adopt International Financial Reporting Standards (IFRS).…

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DRINKS PRODUCTION AND MARKETING RULES SEEK TO BALANCE PROTECTING EXCELLENCE WITH LIBERATING COMMERCE



BY ALAN OSBORN

INTRODUCTION

About 10 years ago the American distiller JB Wagoner decided to market a fiery liquor made from the cactus-like agave plants growing in the hills on his estate at Temecula in California. He called it "temequila." It soon became known as "the American tequila," proving indistinguishable in taste, texture and effect from the well-known Mexican drink.…

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GEORGIAN WINEMAKERS RAISE THEIR GAME TO COPE WITH RUSSIAN EMBARGO



BY MARK GODFREY

RUSSIA may have invaded Georgia this August, but its wine industry seems almost gung-ho about the import embargo on Georgian wines that the Russian government has imposed since 2006. It has proven a "huge stimulus" to local winemakers to improve quality, according to the head of a project tasked with opening new markets for the country’s wines.…

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FOOD INDUSTRY KEEPS CLOSE EYE ON DOHA DEVELOPMENT ROUND AS OFFICIALS KEEP NEGOTIATIONS ALIVE



BY KEITH NUTHALL

THE EUROPEAN food and drink industry has been keeping a close eye on negotiations in Geneva at the World Trade Organisation (WTO), where strong attempts are being made to keep alive the Doha Development Round on liberalising global commerce.…

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INDIAN MANUFACTURER CONFIRMS CHRYSLER OUTSOURCING TALKS



BY RAGHAVENDRA VERMA

AN INDIAN contract auto manufacturing firm has confirmed to just-auto that it is in negotiations with Chrysler about an outsourced manufacturing deal, and says it is busy retooling its plant to assemble larger vehicles.

Head of corporate communications for Argentum Motors Colonel Bhagwati Prasad Suman said talks were ongoing and that his firm was still in competition with other auto makers to seal the deal.…

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CHINA TOBACCO INDUSTRY CONSOLIDATION CONTINUES; SECTOR NOW EYEING FOREIGN MARKETS



BY WANG FANGQING

THE HONGHE Group and the Hongyun Group, the two major Chinese tobacco companies located in the key tobacco-growing Yunnan province have recently (WHEN EXACTLY?) submitted a merger agreement to the State Tobacco Monopoly Administration (STMA), the Beijing-based industry watchdog.…

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PAINT COMPANIES DEVELOP THOUSANDS OF COLOUR VARIANTS TO MATCH DIVERSE WORLDWIDE TASTES



BY MARK ROWE

THE PSYCHOLOGY of colour has fascinated philosophers and scientists down the ages, so it is perhaps unsurprising that the world’s paint companies devote much of their time to working out why consumers prefer certain colours for certain everyday items – and why these tastes vary so much across the world.…

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FAIR VALUE, IFRS, AND LITIGATION CAPS HANG IN THE BALANCE AS A NEW ADMINISTRATION LOOMS FOR AMERICA



BY JOSEPH GOLDSTEIN

THE ACCOUNTANCY profession in the United States might think its day of reckoning came and went in 2002. But those who thought that the Sarbanes Oxley Act was the final word in regulation for the accounting profession may be in for a rude surprise.…

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THE GLOBAL BATTLE TO SUPPLY HYBRID AND ELECTRIC CAR BATTERIES GATHERS STEAM



BY ANDREW CAVE and KARRYN MILLER

FACING a looming energy crisis, the battle to produce lithium ion batteries to power hybrid and battery cars is heating up. Germany’s Robert Bosch and Samsung of South Korea recently formed a joint venture SB LiMotive Co to compete with the likes of BorgWarner, Johnson Controls, TRW and Continental.…

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EMPLOYEES OF THE BIG FOUR PREFER OBAMA TO MCCAIN



BY JOSEPH GOLDSTEIN

EMPLOYEES of the big four accountancy firms are almost twice as likely to donate money to Barack Obama’s presidential campaign than to John McCain’s. A search of campaign contribution database at OpenSecrets.org shows nearly 640 employees at the big four have contributed to Senator Obama’s campaign, while only 326 employees have donated to Senator McCain.…

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CULTURALLY DIVERSE SOUTH EAST ASIA OFFERS MARKETING CHALLENGES FOR COSMETICS COMPANIES



BY WILLIAM BARNES

A WOMAN brushes past palm fronds into the pastel lights of a busy Bangkok salon. At the counter she turns what looks to be a flawless, ivory face towards a woman in a vaguely medical uniform: "Aiyee! I am getting so old.…

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NUCLEAR ENGINEERING HIGHER EDUCATION STRUGGLING TO KEEP UP WITH RENEWED DEMAND FOR ITS COURSES AND EXPERTISE



BY ALAN OSBORN

FEW things say more about the growing enthusiasm for nuclear power than the rush of young students eager to make a career in the industry. It is happening mainly in America but other countries are now beginning to see the same development.…

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TOBACCO INDUSTRY FUNDING OF UNIVERSITY RESEARCH REMAINS CONTROVERSIAL



BY ALAN OSBORN

THE LONG-STANDING row over tobacco industry-funded research programmes in universities and elsewhere took a new and more provocative turn earlier this summer when the New York Times published an account of a highly restrictive contract between Philip Morris USA, America’s largest tobacco company, and Virginia Commonwealth University (VCU) in Richmond.…

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AMAZON POISED TO SELL WINE ONLINE IN AMERICA



BY MONICA DOBIE

AMAZON.COM – the world’s largest online retailer – will start selling

American-made wine on its website later this month.

According to the Napa Valley Vintners Association, a non-profit group

representing 315 vintners in California, Seattle-based Amazon will sell

wine from across the country to consumers in 26 US states.…

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AMERICA'S GAMBLING SECTOR FIGHTS HIGH TECH CRIMINALS WITH HIGH TECH SURVEILLANCE AND DETECTION



BY LUCY JONES

CONTROVERSIAL and widely banned, gambling nonetheless remains a highly lucrative industry in the US. As such, it is a target for high tech commercial criminals. Lucy Jones reports from Dallas, Texas.

AMERICA’S top seven gaming destinations each took in excess of US$1 billion in 2007, with the Las Vegas Strip posting revenue of $6.75 billion, according to the Innovation Group.…

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CYBERCRIMINALS POSE RISK TO ESSENTIAL NUCLEAR PLANT COMPUTER NETWORKS



BY KEITH NUTHALL and ALAN OSBORN

ONE of the more colourful (and thankfully less deadly) aspects of Russia’s mini-war with Georgia in August was the simultaneous attach by hackers on Georgian Internet sites, especially those of its government.,

Ones of these were crashed by ‘denial of service’ attacks, where masses of data are sent to particular sites until they cannot handle the megabytes and closedown.…

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EUROPE: European academics are anti-commercial crime resource for businesses



By Alan Osborn

Many European academics and experts in the study of commercial crime are more than happy to discuss the state of play in the sector in an informal way with outsiders; others may be a little more cautious. But all are likely to suggest ways to gain further assistance.…

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JAPAN: Asia commercial crime university experts command valuable expertise



By Gavin Blair

Though the number of academic specialists in commercial crime in the Asia-Pacific region may be fewer than in the US or Europe, many of the leading figures are both willing to work with corporate clients and have a great deal of experience outside the ivory towers.…

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BANANA DISPUTE CONTINUES AFTER DOHA COLLAPSE



BY KEITH NUTHALL

THE EUROPEAN Union (EU) has challenged rulings by a World Trade Organisation’s (WTO) disputes settlement panel that it is breaking WTO rules simply by having a preferential tariff regime favouring Caribbean and African banana exporters over those from Latin America.…

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INDOOR AIR QUALITY DIRECTIVE BEING CONSIDERED BY BRUSSELS



BY KEITH NUTHALL

THE EUROPEAN Commission is drafting a discussion report (green paper) on introducing an indoor air quality directive, which could control fragrances on consumers at work, on public transport or elsewhere. Cities in north America have already introduced such restrictions because of concerns about allergic reactions.…

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BANANA LEGAL DISPUTE RENEWED AFTER DOHA TALKS FAILURE



BY KEITH NUTHALL

THE EUROPEAN Union (EU) has challenged rulings by a World Trade Organisation’s (WTO) disputes settlement panel that it is breaking WTO rules simply by having a preferential tariff regime favouring Caribbean and African banana exporters over those from Latin America.…

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USA: North American white collar crime experts offer advice to fight commercial crime



By Monica Dobie

Companies fighting commercial crime are always on the lookout for new resources and tools to deal with the problem. Where better to look than the world’s best universities in the USA? A good example is the University of Maryland’s Department of Criminology and Criminal Justice, which is a national and international leader in research into crime and justice.…

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COSMETICS CORPORATE SOCIAL RESPONSIBILITY IS ALTRUISM OR JUST GOOD BUSINESS?



BY JULIAN RYALL, JAMES BURNS, RAGHAVENDRA VERMA and PHILIPPA JONES

"IT is better to be beautiful than to be good," wrote Oscar Wilde in ‘The Picture of Dorian Gray’. Many cosmetics and personal care companies worldwide may still believe this statement to be true, but being, or at least claiming to be, "good" has become an essential part of the sector’s public image.…

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IFC BOOSTS LATIN AMERICA PHARMA SECTOR



BY ALAN OSBORN

The International Finance Corporation, an affiliate of the World Bank specialising in the private sector, is to take a 10% equity stake in Tecnoquímicas, a Colombia-based pharmaceutical manufacturing and distribution firm. IFC’s investment of US$25 million will support the expansion of the company’s operations in the Andean region and Central America.…

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LATIN AMERICA'S FIRST LNG EXPORT PROJECT GETS US$300 MILLION IFC LOAN



BY KEITH NUTHALL

THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, will lend Latin America’s first major LNG export project US$300 million. International consortium Peru LNG will use the money to build a liquefaction plant and a marine loading terminal on Peru’s central coast, plus a 408-kilometre pipeline connect to an existing network east of the Andes.…

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AMERICA'S REYNOLDS APPOINTS TWO NEW BOARD MEMBERS



BY JAMES BURNS

REYNOLDS American Inc has announced the appointment of Luc Jobin and Holly K. Koeppel to its board of directors. Both will serve on the board’s audit and finance committee.

The parent company of the R.J. Reynolds Tobacco Company, Conwood Company, LLC, Santa Fe Natural Tobacco Company, and R.J.…

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SOLAR POWER CELLS WILL PRODUCE POWER AS CHEAPLY AS FOSSIL FUELS BY 2015: US STUDY



BY KEITH NUTHALL

THE COST of producing electricity from solar cells will become as cheap as using fossil fuels by 2015, according to a new American study. Research company Clean Edge and sustainability campaigners Co-op America predict improved technology will shrink solar energy costs from today’s US$6 per peak watt to just US$1.50 in 2025.…

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EU ROUND UP - EASTERN EUROPEAN ENERGY COMMUNITY GETS TEETH



BY KEITH NUTHALL

A EUROPEAN Union (EU) and Balkans ministerial council has approved the rules of a dispute settlement mechanism for countries participating within the southeast Europe Energy Community. This links Balkans’ gas (and electricity) regulation with that of EU member states and ensures EU energy legislation is adopted in participating countries.…

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COSMETICS MANUFACTURERS SHOULD TAKE CARE OVER GROWING NUTRACEUTICAL LEGISLATION



BY ALAN OSBORN

COSMETICS manufacturers thinking about adding nutraceuticals to their preparations as a new ploy to raise market share ought to know that the European Union (EU) keeps a special watch on these additives and while present regulations should not be all that worrying, the net is being slowly tightened.…

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BRAZIL IS MAINSTAY OF LATIN AMERICA KNITTING INDUSTRY



BY PACIFICA GODDARD

CHINA’S entry into the World Trade Organisation (WTO) in 2002 and the recent end of quotas in the US and European markets have created gigantic changes in the textile industry worldwide, with developing markets like those in Latin America expected to suffer the most from these shifts.…

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WTO ROUND FAILURE MEANS BANANA DEAL IS OFF



BY KEITH NUTHALL

AN END to the world’s longest international trade dispute – over banana and banana products – was close to being solved at the World Trade Organisation (WTO), but then the deal just slipped away. At the July ministerial meeting in Geneva that tried and failed to secure agreement over the Doha Development Round of trade liberalisation negotiations, a deal was struck between European Union (EU) and Latin American banana producers to cut the EU’s import duty to Euro 114 (US$179) a tonne by 2016 for so-called dollar bananas from Latin America, after an initial cut to Euro 148 in 2009 from Euro 176 now.…

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NEW ZEALAND AND AUSTRALIA COSMETICS DEMAND BLENDING INTO A REGIONAL AUSTRALASIAN MARKET



BY KARRYN CARTELLE

SEPARATED by a short plane ride across the Tasman Sea, Australia and New Zealand are clearly two distinct countries – in the physical sense – but when it comes to the cosmetics industry in these neighbouring lands it is clear that things are merging into one.…

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USA: More pain at pumps, means less pain in hospital



By Monica Dobie

Researchers from the USA’s University of Alabama at Birmingham (UAB) have discovered a silver lining to sky rocketing vehicle fuel prices – fewer deaths from car accidents.

An analysis of yearly vehicle deaths compared to gas prices found death rates drop significantly as people slow down and drive less.…

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COMMISSION 'PROMISES' OCTOBER END TO DUTY-FREE SEIZURES FROM US/CANADA FLIGHTS



BY KEITH NUTHALL

THE EUROPEAN Travel Retail Council (ETRC) has claimed assurances from the European Commission, that European Union (EU) airports will stop confiscating from October duty-free cosmetics and perfume pastes, gels and liquids bought in the USA and Canada. These have been seized from passengers taking connecting flights within Europe, after flying from north America.…

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HIGHER FUEL PRICES LOWER ROAD ACCIDENT RATES SAY USA SCIENTISTS



BY MONICA DOBIE

RESEARCHERS from the USA’s University of Alabama at Birmingham (UAB) have discovered a silver lining to sky rocketing vehicle fuel prices – fewer deaths from car accidents. An analysis of yearly vehicle deaths compared to petrol prices found death rates drop significantly as people slow down and drive less.…

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OLAF CASE LOAD INCREASES, WHILE COMMISSION CLAIMS IMPACT OF EU FRAUD IS STABLE



BY KEITH NUTHALL

THE EUROPEAN Union’s (EU) anti-fraud agency OLAF has reported in its latest annual report that its caseload is still growing – receiving 886 allegations of wrongdoing to probe in 2007, the highest ever, and up from 529 in 2002.…

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QUÉBEC STOPS BANNING YELLOW MARGARINE



BY KEITH NUTHALL

NORTH America’s last regulatory battle between butter and margarine producers will end, with the Canadian province of Québec deciding to lift its ban on yellow margarine. Its strong dairy lobby has long defended a provincial rule preventing margarine resembling butter, instead been sold in unappetising white.…

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US CHICKEN IMPORT BAN DECISION TO BE DELAYED, MAYBE BY MONTHS



BY KEITH NUTHALL

INTERNAL political struggles within the European Union (EU) are delaying agreement over lifting the de facto ban on American poultry meat exports to the EU. There has been opposition by European Commission health officials, who have attached conditions to scrapping rules preventing chlorine treatment of poultry, common in America, and the main barrier preventing US exporters selling into Europe.…

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BRUSSELS TURF WAR COULD SCOTCH AMERICAN POULTRY EXPORT PLAN



BY KEITH NUTHALL

RESISTANCE from within the European Commission’s health directorate general appears to have derailed plans to lift the de facto European Union (EU) ban on American poultry imports.

The Commission’s industry Commissioner Günter Verheugen has been pushing for the scrapping of EU health rules banning chlorine treatment of poultry, which have effectively kept US exports out of Europe: the practice is common in America.…

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TRINIDAD MAKES PROGRESS IN FIGHTING ITS HOME GROWN ISLAMIC TERROR GROUP



BY JAMES FULLER

MANY nations have has to review their anti-terrorist financing systems and laws since the September 11 attacks in America, with its implications stretching around the world, even to regions usually untouched by political terror, such as the Caribbean.…

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JAPAN EARTHQUAKE PROMPTS GLOBAL RETHINK ABOUT NUCLEAR REACTOR SEISMIC SAFETY



BY MARK ROWE, KEITH NUTHALL, ALAN OSBORN, GAVIN BLAIR and PAUL COCHRANE

EARTHQUAKES are not good news for nuclear power plants. In safety terms they are a serious risk, and they are usually a public relations disaster, even if no serious damage is done to a plant misfortunate enough to be in a quake.…

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EU ROUND UP - RUSSIA ENERGY TALKS UNDERWAY AT LAST



BY KEITH NUTHALL

FORMAL negotiations between the European Union (EU) and Russia over renewing the 1997 partnership and cooperation agreement between them are under way at last: formal talks started in Brussels on July 4, following a successful EU-Russia summit at the Siberian oil town of Khanty-Mansiysk..…

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GLOBAL TRANSPORT SECTOR PUSHES FORWARD ON HYDROGEN, AMIDST SOME SCEPTICISM



BY ALAN OSBORN

ANGLO-Dutch oil giant Shell is not in much doubt that hydrogen is one of the fuels of the future, if not the fuel of the future. Barely a month ago, in June, Duncan Macleod, (NOTE: SPELLING IS CORRECT) global vice president of Shell Hydrogen, told an clean technology conference in the US that Shell had restructured its organisation "to prepare for hydrogen’s transition into the mainstream, bringing it into our downstream fuels portfolio, alongside gasoline, diesel, LPG, CNG – as well as biofuels and GTL."…

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ARCTIC FISH PROCESSING INDUSTRY DEVELOPING IN CANADA'S NUNAVUT TERRITORY



BY KEITH NUTHALL

MAKING a living in the Canadian Arctic is never easy in commercial terms, given the restrictions imposed by the weather, the distances to populous markets and extremely undeveloped transport: there are no roads to and from the territory of Nunavut.…

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EU AND USA BUY MORE TIME TO RESOLVE LONG-RUNNING BANANA TRADE DISPUTE



BY KEITH NUTHALL

EUROPEAN Union (EU) and USA have bought themselves more time to resolve the long-running banana trade dispute that has been subject to World Trade Organisation (WTO) disputes procedures since 1996.

They have agreed with WTO officials to postpone the adoption of a ruling branding the EU a scofflaw over its favouring the import of African, Caribbean and Pacific (ACP) bananas over those exported from central and south America, usually by US firms.…

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CYBERCRIMINALS POSE RISK TO ESSENTIAL ENERGY COMPANY COMPUTER NETWORKS



BY KEITH NUTHALL

LAST May, a coordinated attack on essential computer networks in the tiny Baltic republic of Estonia set nerves upon edge amongst European Internet security specialists. Following the removal of a Russian war memorial from the centre of its capital Tallinn, a still unidentified group of computer users bombarded Estonian political, government, media and banking websites with so much data, they were forced offline.…

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CYBERCRIMINALS POSE RISK TO ESSENTIAL UTILITY COMPUTER NETWORKS



BY KEITH NUTHALL

LAST May, a coordinated attack on essential computer networks in the tiny Baltic republic of Estonia set nerves upon edge amongst European Internet security specialists. Following the removal of a Russian war memorial from the centre of its capital Tallinn, a still unidentified group of computer users bombarded Estonian political, government, media and banking websites with so much data, they were forced offline.…

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WORLDWIDE EFFORTS TO MAKE TANKERS LESS POLLUTING ARE MAKING PROGRESS



BY DEIRDRE MASON, in London; LUCY JONES, in Dallas; JULIAN RYALL, in Tokyo; and KEITH NUTHALL

GIVEN the spate of oil tanker accidents in recent years involving substantial pollution of seas and coastlines around the world, it is no surprise that international organisations have weighed in with regulatory controls and guidelines on shipping standards.…

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GROWTH IN NUCLEAR ENERGY IS UNSPOKEN KEY TO SQUARING POWER SECURITY-GLOBAL WARMING CIRCLE



BY ALAN OSBORN

HOW quickly events are moving in the energy sector at present, and how difficult this makes long-term planning by the power generation industry. One of the key documents for forecasters in Europe is the paper prepared by the National Technical University of Athens for the European Commission’s directorate-general for energy and transport on "Trends to 2030."…

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DEMAND FOR WHITENING COSMETICS EXPANDING BEYOND ITS EAST ASIAN BASE, SAYS KANEBO



BY JULIAN RYALL, in Tokyo

THE OBSESSION among many European women for tanned skin is fading, particularly among women in their late 30s, according to a new study by Japan’s Kanebo Cosmetics, meaning there is a small but growing market for whitening products.…

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LATIN AMERICA'S ECONOMIC SUCCESS IS CREATING WIDER OPPORTUNITIES FOR COMMERCIAL CRIME



BY PACIFICA GODDARD, in Caracas

IN Latin America, the combination of economic growth, weak law enforcement, and a culture that turns a blind eye to corruption, creates an increasingly fertile setting for a variety of commercial crimes, Pacifica Goddard reports from Caracas.…

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ADVANCEMENTS IN FRAUD AND FRAUD PREVENTION IN LATIN AMERICA



BY PACIFICA GODDARD, in Caracas

LATIN AMERICA has long been notorious for its high levels of corruption, especially through money laundering, bribery and the illicit drug trade. And although the recent years of relative stability and democratisation in the region have brought economic progress, this has also widened the opportunities for fraudulent activities and fuelled an increasing sophistication by which they are performed.…

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CHINA STRUGGLES TO SQUARE ITS BIOFUEL PRODUCTION PLANS WITH GLOBAL INCREASES IN FOOD PRICES



BY MARK GODFREY, in Beijing

WORRIES about inflation and food shortages have left the Chinese government struggling to balance efforts to temper inflation with its ambitious biofuels development programme. Increasing demand for food and biofuels in China have been a key driver in increasing global consumption of fats and oils at an average 4% per year according to the United Nations Food & Agriculture Organisation (FAO).…

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USA AND EU COOPERATE TO DEVELOP NEW ANIMAL TEST ALTERNATIVES



BY KEITH NUTHALL

AMERICAN and European Union (EU) scientists will intensify joint development of alternative cosmetics tests that replace experiments using animals. A United States-European Union summit in Slovenia agreed the US Food and Drug Administration and European Commission would "further their cooperation in the peer review of unvalidated alternative methods" (including products considered medicines in America and cosmetics in the EU).…

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EUROPEAN COMMISSION PREPARES TO RECOMMEND PROTECTIVE DUTIES ON US BIODIESEL



BY KEITH NUTHALL

THE PRICE of American biodiesel exports to the European Union could rise in future. The European Commission has launched a formal investigation into fears America is unfairly subsidising its biodiesel producers, accused of also exporting fuel at below cost-price, damaging EU producers.…

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Lebanon's turbulent friendship with the international community

By Paul Cochrane, Beirut
How the Lebanese view international institutions and the world at large depends on sectarian and political allegiances. With Lebanon a microcosm of the macro political-economic issues facing the Middle East today - due to the country’s geographical position bordering Israel and Syria, and the country’s political-sectarian divisions between Sunnis, Shias, Druze and Christians - Lebanon is where the powers that be flex their muscles.


And with Lebanese political leaders looking to outside powers to consolidate their domestic position, whether you are pro- or anti- Western depends on the politics of the day.
But that, like any brief summary of Lebanon, is a simplification, as although the Hizbullah led opposition is ostensibly anti-Western, strongly backed by Iran and ardently anti-Zionist, fellow opposition party the Free Patriotic Movement (FPM) is predominantly Christian and pro-Western.…

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SOUTH ASIAN KNITWEAR INDUSTRY HAVING MIXED FORTUNES AS GLOBALISATION INTENSIFIES



BY RAGHAVENDRA VERMA, in New Delhi; SAEED AKHTAR BALOCH, in Lahore; and KEITH NOYAHR, in Colombo

THE SOUTH Asian knitwear industry is experienced mixed fortunes at present, with the impact of China’s production boom and the global liberalisation of the textile sector still changing sub-continental fortunes.…

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COMMISSION GREEN-LIGHTS NEW MERGED NAVIGATION AID COMPANY



BY KEITH NUTHALL

A MAJOR company able to create integrated digital navigation maps and portable navigation devices should be formed, following the approval of a Dutch merger deal by the European Commission. It has green-lighted the acquisition by the Netherlands’ device manufacturer Tom Tom of co-patriots Tele Atlas, which makes navigable digital maps covering Europe and north America.…

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BRUSSELS MOVES TO PREVENT POSSIBLE FUEL PRICE RISES IN SCANDINAVIA



BY KEITH NUTHALL

THE EUROPEAN Commission has sought to head off possible fuel price rises across Scandinavia by opening a detailed inquiry into a planned takeover in the region’s petrol station sector. Brussels fears the planned takeover of the Jet chain from America’s ConocoPhillips by Norwegian oil giant StatoilHydro, could limit petrol and diesel retail competition in Norway and Sweden.…

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WTO LAYS DOWN THE LAW ON EUROPE'S DISCRIMINATORY BANANA REGIME



BY KEITH NUTHALL

IT is official: the World Trade Organisation (WTO) will have no truck with the European Union’s (EU) discriminatory trade regime favouring imports of African, Caribbean and Pacific (ACP) bananas over those from Latin America. In its 2005 "duty-free tariff quota for bananas originating in ACP countries, the European Union has failed to implement the…rulings" of the WTO, ruled a special compliance panel requested by the USA.…

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WTO LAYS DOWN THE LAW ON EUROPE'S DISCRIMINATORY BANANA REGIME



BY KEITH NUTHALL

A WORLD Trade Organisation (WTO) compliance panel has formally rejected the European Union’s (EU) discriminatory trade regime favouring imports of African, Caribbean and Pacific (ACP) bananas over those from Latin America. It said the EU 2005 "duty-free tariff quota for bananas originating in ACP countries… failed to implement the…rulings" of the WTO.…

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PHENOMENAL GROWTH IN ONLINE GAMBLING REPRESENTS OPPORTUNITY FOR MONEY LAUNDERERS



BY ALAN OSBORN, in London, and SUZANNE KOELEGA, in Sint Maarten, Dutch West Indies

AS with much of life today, the future of gambling is closely tied to the Internet, and this development of an international industry based on instant cross-border cash flows has raised understandable concerns about money laundering.…

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LUCRATIVE OIL PROSPECTING TO PROCEED IN SOUTH AMERICA NOW GUYANA/SURINAM BOUNDARY DISPUTE SOLVED



BY RACHEL JONES, in Caracas

OFF the coast of Guyana and Surinam, north of Brazil, lie what may be some of the world’s largest untapped oil reserves. They have remained unexplored for years, thanks to a maritime border dispute between the two South American countries, the former an ex-British colony, and the latter once run by the Dutch.…

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CHINA PROVING A MAGNET FOR METHANE RECOVERY FINANCING FROM ROUND THE WORLD



BY MARK GODFREY, in Beijing

METHANE recovery is a boom industry in China. A frenetic dig for coal to drive its economy means atmospheric concentrations of methane are growing. And this is a problem – methane is not only a greenhouse gas that retains 25 times more heat than carbon dioxide, it hangs around in the atmosphere a lot longer.…

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VOX POP - SHOULD PERU DO MORE TO PROTECT THE SPECTACLED BEAR?



BY PETER MCCREADY, in the Peruvian Andes

THE ANDEAN bear is the only living species of bear in South America. The ‘spectacled’ bear – known because of eye markings – lives in the tropical Andes. There are an estimated 30,000 left, but numbers are decreasing and the bear faces the risk of extinction in the wild in the medium-term.…

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POTENTIAL POLITICAL CHANGE IN CUBA MAY SHAKE UP GLOBAL CIGAR SECTOR



BY ALAN OSBORN

CUBA has always been crucial in the cigar industry, but with the prospect of political change being almost tangible, the island is now the key focus of this premium tobacco sector. For the first time in many years there’s a sense that events could be moving towards a thaw in the 45-year long freeze in relations between the USA and Cuba and an end to the embargo on sales of Cuban cigars into America.…

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EXPANSION OF LATIN AMERICAN GM OIL CROPS CONTINUES APACE



BY RACHEL JONES, in Caracas

SINCE biotech oil crops were first commercialised over a decade ago, their use has experienced yearly double-digit growth worldwide, with Latin America being something of a nursery for this growth. Globally, the area of biotech crops grew by 13%, or by 12 million hectares, in 2006, to reach 102 million hectares, according to the International Service for the Acquisition of Agri-Biotech Applications (ISAAA).…

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HERSHEY DENIES SHIFT TO MEXICAN PRODUCTION IS BASED ON COST ALONE



BY CHRIS JONES, in Pennsylvania, USA

HERSHEY, the biggest chocolate manufacturer in the USA, has insisted that the majority of its confectionary will continue to be produced in the US and Canada, despite a restructuring plan that will see some production shift to Mexico.…

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REGIONAL TRADE DEALS PROMOTE GLOBAL TRADE IN CLOTHING AND TEXTILE SECTOR



BY LUCY JONES, in Dallas; ALAN OSBORN, in London; KARRYN CARTELLE, in Tokyo; BILL CORCORAN, in Johannesburg; PAUL COCHRANE, in Beirut; RACHEL JONES, in Caracas; MARK ROWE; and KEITH NUTHALL

WITH the World Trade Organisation’s (WTO) Doha Development Round being slow to proceed since its 2001 launch – and only this year approaching something resembling and end game – free traders wanting to encourage global commerce have looked to bilateral and regional trade deals.…

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ARGENTINA OILS & FATS



BY RACHEL JONES, in Caracas

AS one of South America’s largest economies and the world’s leading

exporter of soy and sunflower oil, Argentina experienced a GDP growth rate

of 8.4 percent in 2006 and 7.9 percent a year earlier, according to the US

Energy and Information Administration.…

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ASIA COMMERCIAL CRIME UNIVERSITY EXPERTS ARE SMALL IN NUMBER BUT COMMAND VALUABLE EXPERTISE



BY GAVIN BLAIR, in Tokyo

THOUGH the number of academic specialists in commercial crime in the Asia-Pacific region may be fewer than in the US or Europe, many of the leading figures are both willing to work with corporate clients and have a great deal of experience outside the ivory towers.…

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INTERNATIONAL BUTTER MARKET ROUND UP



BY KARRYN CARTELLE, in Auckland; LUCY JONES, in Dallas, Texas; MONICA

DOBIE, in Ottawa; and BILL CORCORAN, in Johannesburg

NEW Zealand has long retained a position of prominence in the global butter products

industry, despite the fact that competitors are always looking to seize export markets in

what is an increasingly competitive market.…

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NEW PARAGUAY PORT COMPLEX PART OF BOOM IN COUNTRY'S SOY PRODUCTION



BY RACHEL JONES, in Caracas

WHILE Paraguay has been producing and exporting soy since the 1970s, its dependence on soy products has increased dramatically over the last decade – a development that has been encouraged through heavy investment by international agribusiness.…

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EU LOSES LATEST WTO BATTLE OVER BANANA TRADE



BY KEITH NUTHALL

THE EUROPEAN Union (EU) has lost the latest World Trade Organisation (WTO) dispute proceeding over bananas. A panel found custom duties of Euro 176 per tonne on Latin America bananas breaks EU trade commitments.

ENDS

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GREENHOUSE GAS TRADING PROPOSALS WILL CREATE DIFFICULTIES AND HEADACHES FOR EU AUTO-MANUFACTURERS



BY KEITH NUTHALL

WHILE most informed people now agree it is important that greenhouse gas emissions are reduced across the global economy, the question about which methods to choose for achieving this have generated far less consensus and nowhere is this truer than with the road transport sector.…

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SOUTH AFRICA STRUGGLES TO ENSURE SECURITY OF OIL AND GAS SUPPLIES



BY BILL CORCORAN, in South Africa

SOUTH Africa is in a race against time to ensure the country’s

burgeoning economy is not crippled by fuel shortages, forcing its oil and gas companies to innovate to ensure security of supply, notably from neighbouring countries.…

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EU ROUND UP - CO2 CAP FOR VEHICLES PROPOSED BY BRUSSELS



BY KEITH NUTHALL

HEAVIER vehicles such as SUVs and luxury models will be able to breach a proposed European Union (EU) carbon dioxide cap, under formally proposed legislation now tabled by the European Commission. Pressure from German manufacturers forced Brussels into abandoning an absolute cap for all new models of 130 grams of CO2 per kilometre.…

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KEN FOLLETT SMASH IS BIG HIT IN SEASONAL SPAIN



BY PAUL RIGG, in Madrid

KEN Follett’s new book ‘World Without End’ might perhaps be more appropriately entitled ‘Success Without End’ given its festive sales in Spain. Already a top bestseller in America, Australia and the UK (among other countries), its Spanish language release between December 28-29 galvanised an otherwise fairly ordinary seasonal trade.…

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COUNTERFEIT AUTO PARTS ABOUND IN CHINA, BUT THE INCREASING SOPHISTICATION OF LOCAL MANUFACTURERS COULD OFFER HOPE



BY MARK GODFREY, in Beijing

THE PRODUCTION of fake car parts is experiencing a "period of significant growth" in China, according to an umbrella group of foreign auto makers in China. In a report, 88% of members of the Automotive Working Group of the Quality Brands Protection Committee (QBPC), a coalition of multinational companies battling intellectual property infringement in China, have estimated losses to counterfeiting or piracy of auto parts, amounting to 15% of their overall sales.…

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USA STATES CALL FOR AVIATION EMISSIONS TRADING IN AMERICA



BY KEITH NUTHALL

A PETITION from the US states of California, Connecticut, New Jersey, New Mexico and Pennsylvania, plus the District of Columbia and New York City has called for a cap-and-trade system on aviation emissions from flights to US airports.…

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EU LOSES LATEST WTO BATTLE OVER BANANA TRADE



BY KEITH NUTHALL

THE EUROPEAN Union (EU) has lost the latest World Trade Organisation (WTO) dispute proceeding over bananas. A panel found custom duties of Euro 176 per tonne on Latin America bananas breaks EU trade commitments.

ENDS…

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ARCTIC NATIONS STRUGGLE FOR ENERGY RIGHTS



BY LARS RUGAARD, in Copenhagen

REPUTEDLY immense riches looming below the glaciated surface of the Arctic Ocean have come within human reach because climate change is gradually thawing the world’s previously frozen-stiff polar regions. But this consequence of a milder physical climate has provoked tension between the countries with an Arctic Ocean, creating echoes of the long defunct cold war, and indicating a long and tough legal and political fight for what could be an important addition to the Earth’s undiscovered hydrocarbon reserves.…

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JURY STILL OUT ON HEALTH IMPACT OF PUBLIC PLACE SMOKING BANS



BY ANDREW CAVE

PUBLIC place smoking bans are spreading like wildlife these days, with one country after another drawing up rules preventing tobacco use where it could expose non-smokers to second-hand smoke.

In the European Union (EU), this year, public place smoking bans have been introduced in England, Estonia and Finland, for instance.…

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COUNTERFEIT AUTO PARTS ABOUND IN CHINA, BUT THE INCREASING SOPHISTICATION OF LOCAL MANUFACTURERS COULD OFFER HOPE



BY MARK GODFREY, in Beijing

THE PRODUCTION of fake car parts is experiencing a "period of significant growth" in China, according to an umbrella group of foreign auto makers in China. In a report, 88% of members of the Automotive Working Group of the Quality Brands Protection Committee (QBPC), a coalition of multinational companies battling intellectual property infringement in China, have estimated losses to counterfeiting or piracy of auto parts, amounting to 15% of their overall sales.…

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DEMAND FOR OILS AND FATS WITHIN PERSONAL CARE SECTOR DIVERGES WIDELY BETWEEN COUNTRIES, CONTINENTS



BY MARK ROWE, in London, JULIAN RYALL, in Tokyo, and RACHEL JONES, in Caracas

PERSONAL care products – soaps, cosmetics, lotions and hair products – have always been important consumers of vegetable and animal-based oils and fats. Yet, this is a complex sub-sector of the global oils and fats industry.…

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INCREASING LEGAL DEMANDS FOR IDENTITY VERIFICATION SPAWNS ANTI-MONEY LAUNDERING TECHNOLOGY SUBSECTOR



BY ANDREW CAVE

TECHNOLOGY generates more technology. Only a decade ago, the Internet had only just come into commercial use and many companies still didn’t have websites.

Before then, money launderers got along fine without internet frauds perpetrated through email and websites and the anti-money laundering industry had to manage without software devoted to online identity verification.…

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BERG SHIP WARNING MADE BY ICE EXPERTS



BY KEITH NUTHALL

ICE experts from Europe and North America have warned of an increasing risk to tankers and other ships sailing near to polar regions from an increase in bergs because of global warming. Speaking at a European Space Agency meeting in Frascati, Italy, they warned disintegrating sea ice could lead to "significant hazards to navigation".…

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BRITAIN FISHING CONSERVATION CONTROLS VOX POP - ARE THEY TOO TOUGH, NOT TOUGH ENOUGH?



BY ALAN OSBORN, in Leigh-on-Sea, Essex

DRASTIC cutbacks in British commercial fishing cased by European Union fishing restrictions drawn up by the European Commission – have ripped the heart out of many once thriving coastal communities in Britain. But, the rules mean millions of fish thrive, when populations might otherwise have collapsed.…

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RESEARCHERS SAY ACID RAIN REDUCTIONS IS BROWNING RURAL WATER



BY MONICA DOBIE

RESEARCHERS from the University College London and the US Environmental Protection Agency have found that over the last 20 years, lakes and streams in the UK, southern Scandinavia and eastern North America have been stained brown by dissolved organic matter, indicating a return to a more natural, pre-industrial state following a decline in acid rain levels.…

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BREAK UP OF NETHERLANDS ANTILLES WILL POSE TOUGH CHALLENGE ON FIGHTING CARIBBEAN MONEY LAUNDERING



BY SUZANNE KOELEGA, in Sint Maarten, Netherlands Antilles, JAMES FULLER, in Port of Spain, Trinidad & Tobago, and KEITH NUTHALL

A MAJOR shake up is looming in the political organisation of the Caribbean, with the impending dissolution of the Netherlands Antilles federation, and the creation of separate political units for its composite islands Curaçao, Bonaire, Sint Maarten, Saba and Sint Eustatius (Statia).…

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SOUTH KOREAN SEAFOOD INDUSTRY FIGHTS TO BOOST EXPORTS AS SUPPLY PROBLEMS LOOM



BY KARRYN CARTELLE

THE SIGNING of a bilateral Free Trade Agreement (FTA) between South Korea and the United States is expected to fuel an already booming seafood trade. And with the Koreans having a host of other FTAs in the works, it appears this seafood-producing nation will use free trade agreements to push its seafood products to every continent.…

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OIL COMPANIES WORLDWIDE LOOK FOR WAYS TO DOVETAIL BIOFUEL REFINING AND DISTRIBUTION WITH MINERAL OIL NETWORKS



BY LUCY JONES, in Dallas, Texas, ALAN OSBORN, in London, and PAUL COCHRANE, in Beirut.

AS American gas prices once again edge closer to the US$3 a gallon mark – the point at which an all-pervading quiet panic besets the US retail market – staff at the country’s National Renewable Energy Laboratory’s hotline know busy times are ahead.…

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EUROPEAN ACADEMICS ARE ANTI-COMMERCIAL CRIME RESOURCE FOR BUSINESSES



BY KEITH NUTHALL

MANY European academics and experts in the study of commercial crime are more than happy to discuss the state of play in the sector in an informal way with outsiders; others may be a little more cautious. But all are likely to suggest ways to gain further assistance.…

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CHINA IS KEY SOURCE OF GLOBAL COUNTERFEIT CAR PARTS TRADE SAYS OECD



BY KEITH NUTHALL

CHINA has been baldly accused of hosting much of the world’s booming counterfeit auto parts production. A detailed report by the planet’s largest think tank – the Organisation for Economic Cooperation and Development (OECD) – said: "China has been repeatedly identified as the principal source of counterfeit activity in the automotive sector, involving both trademark and design infringements.…

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VENEZUELA UNDERTAKES PARTIAL REFINERY NATIONALISATION - INTERNATIONAL ARBITRATION EXPECTED



BY RACHEL JONES, in Caracas

VENEZUELA’S Orinoco Belt-which follows the line of the Orinoco River in the south of the country’s Guárico, Anzoátegui and Monagas states-is home to some of the biggest reserves of crude oil in the world: 77.2 billion barrels of conventional proved reserves, and about 270 billion barrels of recoverable heavy oil.…

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CONTROVERSIAL EUROPEAN TECHNOLOGY INSTITUTE GIVEN LEASE OF LIFE BY EUROPEAN PARLIAMENT



BY KEITH NUTHALL

THE CREATION of a European Institute of Technology (EIT) is now anticipated, despite deep and persistent criticism of the idea from many European Union (EU) academics. The European Parliament in late September gave the project its qualified blessing and ministers from the EU’s 27 member states are now expected to cut a deal this autumn over finding Euro 308.7 million from European Commission budgets.…

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NORTH AMERICA BABY FOOD MARKET IS DIVERSIFYING INTO NICHE MARKETS SAY FOOD INDUSTRY EXPERTS



BY ALAN OSBORN and MONICA DOBIE, in Ottawa

AGAINST the background of a stable or even declining birth-rate, north American baby food companies are turning to organic and other premium foods to maintain and, where possible, to increase market share. The US Food Institute reports that the overall USA baby food and drink market is predicted to remain virtually unchanged between now and 2011 when sales will reach only US$3.6 billion – just US$100 million higher than this year.…

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FAO WARNS MEAT MECHANISATION WILL PROMOTE DISEASE



BY KEITH NUTHALL

THE UNITED Nations Food and Agricultural Organisation (FAO) has warned that the rapid industrialisation of global animal food production is increasing the risk of disease transmission from animals to humans, especially given expanding global trade networks. In a policy paper Industrial Livestock Production and Global Health Risks, the FAO said: "The risk of disease transmission from animals to humans will increase…due to human and livestock population growth, dynamic changes in livestock production, the emergence of worldwide agro-food networks and a significant increase in the mobility of people and goods."…

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BRITAIN IS FERTILE GROUND FOR EU INSTITUTION FRAUDS



BY KEITH NUTHALL

IT is common currency amongst extreme British Eurosceptics that business and government on the continent of Europe is a cesspit of dishonesty and corruption, against which Britain shines like a beacon of virtue and decency.

Allowing "Europeans" who lack Britain’s traditional sense of fair play and transparency control over the laws and regulations mandated by the "Mother of Parliaments" is heresy to such folk.…

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SECOND LIFE OFFERS VIRTUAL BUSINESS WORLD FOR ACCOUNTANTS



BY KEITH NUTHALL, in the real world, and BELINDA BLESSED, in Second Life

EVERY decade or so comes a technology that is so new, comprehensive, interesting, and damn useful, that it completely changes the way that we have fun and do business.…

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CARACAS AIRPORT EXPROPRIATION POSES CONCERN FOR VENEZUELA PRIVATE AIRPORT SECTOR



BY RACHEL JONES, in Caracas

THE OSCAR Machado Zuloaga Airport (SVCS), (NOTE – SPELLING IS CORRECT) also known as the Caracas Airport, sits on a mesa (flat-topped hill) in Charallave, a 45-minute drive from Venezuela’s capital of Caracas. The privately owned airport, flanked by manicured boulevards, provides a tranquil home for about 500 small planes.…

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BIOFUELS PROMOTED BY DEVELOPING INTERNATIONAL REGULATIONS



BY ALAN OSBORN

DIFFERENT parts of the world have devised a wide range of regulations to promote biofuels as an answer to traditional fuels posed by supply and environmental concerns. Japan began promoting alternative fuels in the mid-70s following the oil crisis, replacing oil-powered electric generators with units driven by alternative fuels, as well as natural gas, coal and nuclear power.…

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LATIN AMERICA EXPERIENCES WORLD BEATING GROWTH IN PERSONAL CARE SECTOR



BY RACHEL JONES, in Caracas

A NUMBER of factors have contributed to a booming Latin American market in soap, perfume and cosmetics – most importantly, regional economic growth and a healthy overall GDP. Hair care is the region’s biggest seller, but an increase in life expectancy has created a growing demand for skin care products, especially those related to anti-aging and sun protection.…

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WEST NILE EPIDEMIC THREATENS USA



BY MONICA DOBIE

THE NUMBER of West Nile virus cases in the United States may reach epidemic proportions this year according to US government researchers after health authorities reported four times more cases than last year.
Then, there were 4,269 cases in the US.…

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FAO DEVELOPS INNOVATIVE PROJECTS TO BOOST THE AQUACULTURE INDUSTRY WORLDWIDE



BY KEITH NUTHALL

MANY international organisations have an impact on the fish farming sector, although with quite a narrow remit, drawing up specialist health and environmental standards for the industry, for instance. However, the UN’s Food & Agriculture Organisation (FAO) has a broader role, with freedom to pursue a wide variety of imaginative schemes.…

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EU AUTO INDUSTRY FACES TOUGH FIGHT OVER CO2 EMISSIONS



BY KEITH NUTHALL and DAVID HAWORTH, in Brussels

THE TOUGH fight facing the European Union (EU) auto industry to keep technically achievable, proposals for mandatory caps on CO2 emissions has become clearer this week. The European Parliament yesterday started debating proposed legislation to force carmakers to cut CO2 emissions from new models to an average of 130 grams per kilometer across the fleet by 2012, of which 120 grams per kilometer must be through improved engine technology.…

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USA CANADA UNIVERSITY WHITE COLLAR CRIME EXPERTS OFFER ADVICE TO FIGHT COMMERCIAL CRIME



BY MONICA DOBIE, in Ottawa

COMPANIES fighting commercial crime are always on the lookout for new resources and tools to deal with the problem. Where better to look than the world’s best universities in the USA? Monica Dobie reports.

THE UNIVERSITY of Maryland’s Department of Criminology and Criminal Justice is a national and international leader in research into crime and justice.…

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HYBRID POPLAR TREES MAY BE NEXT BIG THING IN BIOFUELS



BY MONICA DOBIE

HYBRID poplar trees, grown on plantations for pulpwood may be a biofuel source of choice according to scientists from America’s Agricultural Research Service. Researchers say using hybrid poplar wood could produce a three-fold greater reduction in greenhouse gas emissions compared to corn-soybean rotations.…

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REGULATORS WORLDWIDE STRUGGLE TO PROMOTE POPULAR BIOFUELS THROUGH REGULATION



BY ALAN OSBORN

DIFFERENT parts of the world have devised a wide range of regulations to promote biofuels as an answer to traditional fuels posed by supply and environmental concerns. Japan began promoting alternative fuels in the mid-70s following the oil crisis, replacing oil-powered electric generators with units driven by alternative fuels, as well as natural gas, coal and nuclear power.…

Read more

GREEN GROUPS PRESS BRAZIL TO CLEAN UP ITS SOYA PRODUCTION'S ENVIRONMENTAL AND SOCIAL IMPACT



BY MARK ROWE

CONCERNS over the way in which soybean production takes place have led to calls for the Brazilian government to dramatically escalate its efforts to clean up the industry. Groups campaigning for a socially and environmentally responsible approach to soy production have called on the Brazilian government to speed up the process of providing satellite images that can map the scale of soy-related deforestation, and regulate the ownership of land earmarked for soy production.…

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USA VOX POP – GLOBAL WARMING



BY MONICA DOBIE, in New York QUESTION GLOBAL warming is destroying the ice cap habitat of the Arctic’s iconic polar bear. Recently, the Bush administration proposed that the polar bear should be added the US ‘threatened’ species list because warming temperatures are melting ice flows where bears hunt seals.…

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EUROPEAN COMMISSION PREDICTS LEATHER COMMERCE GAINS FROM ASIA TRADE DEALS



BY PAUL COCHRANE

SLATED European Union (EU) free trade agreements (FTA) with South Korea, India and the Association of South East Asian Nations (ASEAN) will dramatically boost commercial activity in the leather industry if the agreements are passed, claims a study by Copenhagen Economics for the European Commission.…

Read more

OIL MAJORS FACE UNEVEN DEVELOPMENT OF VAST MIDDLE EAST LNG RESERVES



BY PAUL COCHRANE, in Beirut

WITH demand for liquefied natural gas (LNG) surging across the globe, the Persian Gulf is at the epicentre of LNG developments due to its vast gas resources. But the rapid expansion of the sector is not without complications.…

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US INSTITUTE OF MEDICINE CALLS FOR MORE FDA POWERS OVER SMOKING



BY MONICA DOBIE

THE USA’S Institute of Medicine has called for the country’s Food and Drug Administration (FDA) to be given more regulatory power over the marketing, packaging, and distribution of tobacco products in America, to curb the current smoking rate of 21%.…

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OIL MAJORS FACE UNEVEN DEVELOPMENT OF VAST MIDDLE EAST LNG RESERVES



BY PAUL COCHRANE, in Beirut
WITH demand for liquefied natural gas (LNG) surging across the globe, the Persian Gulf is at the epicentre of LNG developments due to its vast gas resources. But the rapid expansion of the sector is not without complications.…

Read more

WTO LAUNCHES INDIA WINE, SPIRITS DUTY PANEL



BY KEITH NUTHALL

THE WORLD Trade Organisation (WTO) has created a disputes panel to rule on the vexed question of whether India’s import duties on wines and spirits are so punishing, they break WTO rules. The panel will hear complaints from the United States, whose drinks industries have long chafed at the aggregated duties that range between 150% and 550%.…

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INTERNATIONAL ROUND UP - GUINEA BISSAU FISHING ACCESS AGREEMENT



BY KEITH NUTHALL
THE EUROPEAN Union (EU) has signed another fishing access deal with a weak African state – this time with west Africa’s Guinea Bissau, which has recently been criticised for being a staging point for Europe-bound illegal narcotics from south America.…

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WTO LAUNCHES INDIA WINE, SPIRITS DUTY PANEL



BY KEITH NUTHALL
THE WORLD Trade Organisation (WTO) has created a disputes panel to rule on the vexed question of whether India’s import duties on wines and spirits are so punishing, they break WTO rules. The panel will hear complaints from the United States, whose drinks industries have long chafed at the aggregated duties that range between 150% and 550%.…

Read more

US INSTITUTE OF MEDICINE CALLS FOR MORE FDA POWERS OVER SMOKING



BY MONICA DOBIE
THE USA’S Institute of Medicine has called for the country’s Food and Drug Administration (FDA) to be given more regulatory power over the marketing, packaging, and distribution of tobacco products in America, to curb the current smoking rate of 21%.…

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INTERNATIONAL ROUND UP - GUINEA BISSAU FISHING ACCESS AGREEMENT



BY KEITH NUTHALL

THE EUROPEAN Union (EU) has signed another fishing access deal with a weak African state – this time with west Africa’s Guinea Bissau, which has recently been criticised for being a staging point for Europe-bound illegal narcotics from south America.…

Read more

EUROPEAN COMMISSION PREDICTS LEATHER COMMERCE GAINS FROM ASIA TRADE DEALS



BY PAUL COCHRANE
SLATED European Union (EU) free trade agreements (FTA) with South Korea, India and the Association of South East Asian Nations (ASEAN) will dramatically boost commercial activity in the leather industry if the agreements are passed, claims a study by Copenhagen Economics for the European Commission.…

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ABSOLUT VODKA BRAND DIRECTOR LOOKS TO THE FUTURE WITH OPTIMISM



BY MARK ROWE, in Stockholm
Interview with Anna Laestadius, Director Global Brand, Absolut Vodka.

*How would you describe the market for Absolut at the moment?

Absolut grew by seven per cent worldwide in 2006, from what we viewed as an already strong position, to a total volume of 89 million litres (2005, 83 million litres).…

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WTO CREATES DISPUTES PANEL TO RESOLVE INDIA SPIRITS ROW



BY KEITH NUTHALL
THE WORLD Trade Organisation (WTO) has created a disputes panel to rule on the vexed question of whether India’s import duties on wines and spirits are so punishing, they break WTO rules. The panel will hear complaints from the United States, whose drinks industries have long chafed at the aggregated duties that range between 150% and 550%.…

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ABSOLUT VODKA BRAND DIRECTOR LOOKS TO THE FUTURE WITH OPTIMISM



BY MARK ROWE, in Stockholm

Interview with Anna Laestadius, Director Global Brand, Absolut Vodka.

*How would you describe the market for Absolut at the moment?

Absolut grew by seven per cent worldwide in 2006, from what we viewed as an already strong position, to a total volume of 89 million litres (2005, 83 million litres).…

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BAHRAIN



BY PAUL COCHRANE, in Beirut
Bahrain has a population of less than 800,000 and is not a major market for the international players, but with a growing economy sales are consistent and should increase as the retail environment develops. No soaps or cosmetics are made in Bahrain, imported from plants in neighbouring Saudi Arabia and the UAE, as well as from Asia, Europe and North America.…

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FRANCE TOBACCO INDUSTRY STRIVES TO MAINTAIN PROFITABILITY DESPITE UNPRECEDENTED SMOKING RESTRICTIONS



BY ALAN OSBORN
THE FRENCH tobacco market is astir and it’s quite possible that such iconic brands as Gitanes and Gauloise, part of the Franco-Spanish Altardis group with some 30% of the French cigarette market, will no longer be independently owned by the year-end.…

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BANK INEFFICIENCIES AND FEES MEAN HAWALA IS STILL THRIVING, CONFERENCE HEARS



BY PAUL COCHRANE, in Abu Dhabi
HOW to better regulate the popular Middle East and south Asian alternate remittance system (ARS) known as hawala, which has been linked to money laundering, organised crime and terrorist financing, was the focus of the recent Fourth International Conference on Hawala at the Central Bank of the United Arab Emirates (UAE) in Abu Dhabi.…

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BIOGAS CAUSES MORE AIR POLLUTION THAN PETROL CLAIM US SCIENTISTS



BY MONICA DOBIE
A STUDY has warned that should all vehicles in the USA switch from mineral fuels to ethanol the result would be 200 more annual air pollution-related deaths in America. Professor Mark Jacobson of Stanford University has argued that ethanol produces more hydrocarbons than petrol and longer-lasting pollutants that can travel further.…

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BIOGAS CAUSES MORE AIR POLLUTION THAN PETROL CLAIM US SCIENTISTS



BY MONICA DOBIE
A STUDY has warned that should all vehicles in the USA switch from mineral fuels to ethanol the result would be 200 more annual air pollution-related deaths in America. Professor Mark Jacobson of Stanford University has argued that ethanol produces more hydrocarbons than petrol and longer-lasting pollutants that can travel farther.…

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BOUYANT MEXICO PAINT INDUSTRY FUELLED BY HOUSING BOOM



BY LUCY JONES, in Dallas, Texas
GRAFFITI artists, US baby boomers and the massive expansion of low-cost housing are several – very diverse – factors buoying up Mexico’s paint industry.

Vast improvements in the property-buying process for foreigners, plus a slowing of the housing sector at home, are making the country’s coastal areas from Cancun to Baja California increasingly attractive for North American retirees.…

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RESEARCHERS DEVELOP CURE FOR DRUG-RESISTENT TB FROM ANTI-FUNGAL MEDICINE



BY MONICA DOBIE
A UNIVERSITY of Manchester study has found that the active ingredient in many common anti-fungal drugs is effective in killing the tuberculosis bacteria, a discovery that could result in significantly reducing the number of deaths from standard TB and tackling emerging drug-resistant strains of the deadly disease.…

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US SCIENTISTS WARN OF NEW PHTHALATES HEALTH RISK



BY MONICA DOBIE
PHTHALATES, a common chemical found in everything from toys to soap, have been linked to abdominal obesity and insulin resistance in men by the University of Rochester Medical Center, USA. There were already concerns that the chemical caused reproduction problems, but now Rochester lead researcher Dr Richard Stahlhut has concluded low-dose exposures to phthalates reduce testosterone in men, boosting obesity rates and related disorders, such as type 2 diabetes.…

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MEDICINE MANUFACTURERS CALL FOR PRESSURE ON GUATEMALA OVER PATENTS



BY KEITH NUTHALL
A CENTRAL American alliance of major international pharmaceutical manufacturers have called for Guatemala to be placed on a special United States watch list for allegedly breaking intellectual property commitments under the US-Central America-Dominican Republic free trade agreement (CAFTA-DR).…

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USTR REPORTS WARN OF CONTINUING WORLDWIDE COUNTERFEITING THREATS



BY KEITH NUTHALL
THE UNITED States Trade Representative (USTR) has released a series of detailed reports outlining the threats posed by counterfeiters worldwide and the inability of many governments to fight the problem.

Its sheaf of intelligence includes comprehensive warnings from cigarette giant Philip Morris, a company that has adopted a high profile in fighting counterfeiters and smugglers.…

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GULF ECONOMIC HOTSPOT MORPHS INTO KEY INTERNATIONAL BRANDED FOOD MARKET



BY PAUL COCHRANE, in Dubai
THE UNITED Arab Emirates’ (UAE) highly competitive food sector is expecting double-digit growth this year, driven by 7% annual population growth, booming foodservice and tourism sectors, and rapid economic growth.

Food producers and retailers in this economic powerhouse of the oil-rich Gulf say there is strong growth across the board, from fresh fruit to ready-made meals in the modern retail environment of the UAE, particularly in Dubai, which is undergoing a construction boom and the top destination for most expatriate workers and tourists.…

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USA SCIENTISTS LINK PHTHALATES TO MALE OBESITY



BY MONICA DOBIE
PHTHALATES, the important plastics ingredient commonly used to make toys and other products, have been linked to abdominal obesity and insulin resistance in men by the University of Rochester Medical Center, in the USA.

Concerns that the chemical caused reproduction problems have ben widely circulated, but now Rochester lead researcher Dr Richard Stahlhut has concluded in statistical studies that low-dose exposures to phthalates could reduce testosterone in men, boosting obesity rates and related disorders, such as type 2 diabetes.…

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CANADA CHEESE COMPANY CLOSES CANADIAN PLANTS



BY MONICA DOBIE, in Ottawa
CANADA’S largest dairy processor Saputo Inc has announced it will close two plants and cuts 144 jobs to consolidate its Canadian manufacturing operations. A Vancouver cheese plant will close March 31, while a cutting and wrapping plant near Montreal will shut down on June 2.…

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PHILIP MORRIS RELEASES GLOBAL COUNTERFEITING INTELLIGENCE



BY KEITH NUTHALL
PHILIP Morris International (PMI) has released a detailed intelligence dossier on cigarette and other tobacco product counterfeiting, in a bid to encourage the international cooperation it deems necessary to effectively fight this crime. The report highlights 17 countries around the world where it thinks cigarette counterfeiting is a particular problem and where the cigarette company has specific advice: Latvia, the Czech Republic, Ukraine, Russia, Thailand, Vietnam, the Philippines, Malaysia, Indonesia, China, Egypt, Belize, Panama, Uruguay, Paraguay, Brazil and Ghana.…

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VENEZUELA



BY RACHEL JONES, in Caracas
VENEZUELA’S economy, fueled by its vast oil wealth, has grown by about 9% in 2006, making it one of the fastest-growing in Latin America, resulting in increased consumption and production of paints and coatings. However, the boom has not been all good news for the sector, it has also caused problems related to inflation and currency controls, specifically in regards to the importation of primary materials for production.…

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SOUTH-EAST ASIA COSMETICS INDUSTRY STARTS HARMONISATION PROCESS



BY MARK ROWE
INTERNATIONAL cosmetics companies are increasingly casting an eye over south-east Asia. In the middle of the first decade of the 21st Century it would appear to offer all things to all companies.

With Asia (including nearby China) representing half of the world’s population and an economic growth rate ranging between 5 and 10%, many companies are interested in entering or developing these markets.…

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EUROPEAN COMMISSION ADVISES OIL AND GAS SECTORS ON TAPPING SEVENTH FRAMEWORK PROGRAMME GRANTS



BY KEITH NUTHALL
IN today’s highly competitive energy sector, oil and gas companies and their suppliers are always looking for an edge over rivals, especially in technology. So it can only be good news that the European Union (EU) will from this year until 2013 be spending Euro 2.3 billion on energy studies through its ‘seventh framework programme’, its largest ever research spending scheme, commanding budgets worth Euro 53.2 billion in total.…

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EUROPE CATCHING UP WITH USA ON INNOVATION SAYS REPORT



BY KEITH NUTHALL
THE EUROPEAN Union (EU) is catching up with the United States in innovation, a European Commission-financed statistical report has claimed, although the US still has many significant advantages. This year’s European Innovation Scoreboard (2006) concludes: “The innovation gap between the EU [minus new members Bulgaria and Romania] and Japan, and in particular with the US is decreasing.”…

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SOUTH KOREA STRENGTHENS MONEY LAUNDERING CONTROLS TO RESIST FINANCIAL CRIME FROM THE NORTH



BY ANDREW SALMON, in Seoul
LAST October, South Korea was admitted as an observer to the world’s premier group of money laundering fighters – the Financial Action Task Force (FATF) and given the nation’s recent moves to strengthen its anti-money laundering regime its path to full membership in approximately two years appears smooth.…

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US FIGHTS TO BLOCK EU AVIATION EMISSIONS SCHEME



BY KEITH NUTHALL
America has begun a round of intensive lobbying to head off an EU proposal that from 2012 all foreign airlines be included in a emissions trading scheme. Under the plan, airlines would be allocated pollution allowances each year – if they exceed these they will be obliged to buy carbon credits from other airlines.…

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USA VOX POP - GLOBAL WARMING



BY MONICA DOBIE, in New York
QUESTION

GLOBAL warming is destroying the ice cap habitat of the Arctic’s iconic polar bear. Recently, the Bush administration proposed that the polar bear should be added the US ‘threatened’ species list because warming temperatures are melting ice flows where bears hunt seals.…

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NEWS ITEM TWO



BY MARK ROWE

AUSTRALIA is developing a reputation as a leading producer and supplier of premium organic extra virgin olive oil. Kailis Organic (SPELLING CORRECT) predicts it will generate GB Pounds 26 million (US$51.48 million) in exports annually from the oil within seven years, citing huge growth in demand from North America.…

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CARIBBEAN FOOD INDUSTRY LAUNCHES NEW CONFECTIONARY AND SWEET FOOD PRODUCTS



BY WESLEY GIBBINGS, in Port of Spain, Trinidad

THE WHITTLING away of preferential export markets for traditional Caribbean agricultural production has sparked economic pain in the region, but it has also generated innovation in the form of new confectionary and sweet baked products, available for export.…

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US RESEARCHERS COUNT SHARKS LOST TO FIN-FISHING SLAUGHTER



BY MONICA DOBIE

THE FIRST real-data study on the shark fin trade has estimated that 38 million sharks are killed annually: significantly higher than the 10 million accepted by the UN, although lower than the 100 million of some rough estimates.…

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IFC INVESTS IN ENVIRONMENTAL IMPROVEMENTS IN LATIN AMERICAN AND CARIBBEAN MINES



BY KEITH NUTHALL
THINK of Latin American mines, and political and industrial
relations instability springs to mind. Pictures of poncho’d Bolivian Amerindians demonstrating against poor conditions,
hurling rocks at robocops armed to the teeth….

The truth is that the mining industry often gets a bad rap in Latin America and, to be honest, it has often been run poorly, especially in environmental terms.…

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US PROFESSOR SAYS NAZI TECHNOLOGY WILL MAKE COAL LIVE FOREVER



BY MONICA DOBIE

TECHNOLOGY developed by Nazi Germany and Apartheid era South Africa to turn coal into oil could guarantee solid fuels markets well into the future, an American geological expert has claimed.

University of Washington Professor Emeritus Eric Cheney said making oil from coal by reacting it with water known as Fischer-Tropsch process could become commercially successful given sustained high oil prices.…

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CRICKET WORLD CUP SPARKS CARIBBEAN PAINT BOOM



BY JAMES FULLER, in Port of Spain

CRICKETERS and illegally-licensed drivers are two of the more unusual factors currently affecting the Caribbean paint market.

The impending Cricket World Cup, to be held in the West Indies during March and April 2007, has spawned a flurry of construction activity with resultant benefits for the paint industry.…

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CARIBBEAN FOOD MANUFACTURERS PUSH TO DIVERSIFY



BY WESLEY GIBBINGS, in Port of Spain

TIME-WAS that food production in the Caribbean was dominated by commodities, with sugar and bananas being king and queen of island economies. Protected from the rigours of world markets by age-old ties to current or former colonial markets, these cash crop supplies remained largely unchanged for centuries.…

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WTO SAYS 2005 OIL PRICE RISE MAKES EXPORT PROFITS BOOM



BY KEITH NUTHALL

WORLD Trade Organisation global trade figures for 2005 show that international exports for liquid fuels rose 41% to US$1.4 trillion in 2005, 13.8% of worldwide merchandise exports, higher than for almost two decades. Oil-rich Middle East, Africa, the ex-USSR Commonwealth of Independent States and south and central America recorded export growth of 35-25%.…

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EUROPEAN COMMISSION APPROVES CZECH FLEET FUEL MANAGEMENT DEAL



BY KEITH NUTHALL

THE EUROPEAN Commission has approved the takeover of Czech fuel payment management services company CCS ?eská spole?nost pro platební karty a.s. (CCS) by a US company in the same business – FleetCor Technologies Inc. The US firm currently operates in north America and in Britain through subsidiary CH Jones Holding Ltd; CCS in the Czech Republic and Slovakia.…

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UNODC OFFERS INTERNATIONAL EXPERTISE IN MONEY LAUNDERING FIGHT



BY ALAN OSBORN

IT’S COMMONLY acknowledged that, whatever its merits, the globalisation of world trade and commerce brings with it vastly enhanced opportunities for money laundering. As the United Nations Office on Drugs and Crime (UNODC) points out, in an online report explaining its work, the world-wide spread of inter-connected financial markets greatly extends the range of countries where anti-money laundering (AML) controls are absent or embryonic and enforcement is weak "and unfortunately, many countries particularly those classified as emerging markets, fall into this category."…

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USA PROFESSOR SAYS COAL-TO-OIL TECHNOLOGY WILL BECOME PROFITABLE



BY MONICA DOBIE

OIL is an infinite resource that will "never" run out thanks in part to the reintroduction of coal according to Professor Eric Cheney, a University of Washington economic geologist presenting a speech at the Geological Society of America’s annual meeting.…

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CANADA MUSEUM OF NATURE IS RELAUNCHED - PRESERVING OLD CHARM WHILST ACHIEVING MODERNITY



BY MONICA DOBIE, in Ottawa

THE CANADIAN Museum of Nature has reopened its key west wing having reached the halfway mark of an extensive and costly renovation project, scheduled to finish in 2010. The now completed wing underwent comprehensive renovations, including the building of new fossil and mammal galleries and a temporary exhibition space.…

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AMERICAN INTELLIGENCE AND CRIME-FIGHTING AGENCIES HONE THEIR AML AND CFT BATTLE



BY ANDREW CAVE

AFTER 9/11, America positioned itself at the centre of the international crackdown on money laundering and terrorist financing, and its legal response has been well documented in the Money Laundering Bulletin. But what of its federal police and intelligence agencies?…

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INDIA SELLS EXCESS OIL REFIINING CAPACITY TO OIL-PARCHED WEST



BY RAGHAVENDRA VERMA, in New Delhi

"REFINERY Process Outsourcing" or simply RPO is an exciting buzzword in the otherwise hard-pressed Indian petroleum industry, as the term represents newly found and highly profitable venture of operating refineries to fulfil surging international demand.…

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US RESEARCHERS RAISE FEARS OVER PROZAC IN MUSSELS



BY MONICA DOBIE

A RECENT American study has revealed that fresh water mussels exposed to the common anti-depressant Prozac have suffered from disrupted reproduction cycles. Researchers found that the medication’s residues in sewage can interfere with the reproduction of America’s native freshwater mussel.…

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LATIN AMERICA ANTI-MONEY LAUNDERING ORGANISATION - GAFISUD



BY LIZ HALL

SIX years ago, government representatives from nine South American countries gathered in Cartagena de Indias, Colombia, to sign a document of great importance to those concerned with fighting money-laundering (ML) and terrorism financing (TF).

On December 8, 2000, representatives of the governments of the following countries: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru and Uruguay, signed the Founding Memorandum of Understanding (MOU) formally establishing GAFISUD, a regional body modelled on the Financial Action Task Force (FATF).…

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RESUMPTION OF WAR CONCENTRATES MINDS AGAINST MONEY LAUNDERING AND TERROR FINANCING IN SRI LANKA



BY KEITH NOYAHR, in Colombo

THE RESUMPTION of war in Sri Lanka is bad news. Period. But, ironically, there have been some benefits. One of these is a concentrating of the mind amongst law enforcement officials within Sri Lanka and their counterparts abroad into tracking down and stopping both terrorist financing and money laundering.…

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EU BANS USA RICE



BY ALAN OSBORN

The EU has demanded that all long grain rice from America must be tested and found to be free of GM before being allowed entry, the European Commission announced Wednesday. The notice was served following disclosure that small amounts of an unauthorised type of genetically engineered long grain rice had found its way into the feed and food chain in the US.…

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USA AND THE PHILIPPINES AGREE TO FIGHT ILLEGAL CLOTHING TRADE



BY KEITH NUTHALL

A MEMORANDUM of understanding has been signed by the USA and the Philippines on ‘stopping illegal transhipments of textile and apparel’ through the south east Asian country to America. The agreement commits both parties to customs cooperation, actively identifying the true manufacturers of shipments, and joint verification visits.…

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AMERICAN EHO'S SHOW WAY IN NAMEING SHAMING DIRTY EATERIES



BY MONICA DOBIE, in Las Vegas

LOCAL authorities in the UK are dipping their toes into the waters of improved environmental health in pubs and restaurants by publicising results of inspections in local papers. And for inspiration on tactics, they could do no better than look at the United States, where EHOs have named and shamed dirty restaurateurs for decades.…

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FAO STEPHEN WHITE WORLD TOBACCO



BY PAUL COCHRANE, in Damascus and Amman

JORDAN and Syria both have large tobacco markets, with a third of Jordan’s population, and around 60% of Syria’s male population, being smokers. Both markets are growing, spurred on by large young populations and the cultural prevalence of smoking cigarettes and nargileh (water pipes), but not all is rosy in the sector.…

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EUROPEAN COMMISSION STARTS PLANNING FOR EIGHTH FRAMEWORK PROGRAMME



BY KEITH NUTHALL

THE EUROPEAN Commission has already started considering the potential shape of the eighth framework programme on research (which would start in 2014), even as the final details of its seventh predecessor are still being thrashed out.

Brussels’ directorate general (DG) for research commissioned a study, and it has recommended that the next big EU research programme look well beyond the shores of the Atlantic and the Mediterranean.…

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EU PREPARES TO LAUNCH ALCOHOL CONTROL POLICIES IN AUTUMN



BY ALAN OSBORN

CURRENT European Union (EU) president Finland will this year urge fellow member states to raise the political profile of alcohol across Europe as a threat to public health, bringing in specific measures to curb abuses. Its views are particularly important this year, because the European Commission is buffing up just such a plan for release in September or October, and the Finns will be pushing or agreement at the EU Council of Ministers in December.…

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BANKNOTE COUNTERFEITING POSES THREAT TO CASH PAYMENTS



BY ALAN OSBORN

THE FIRST appearance of counterfeit "supernotes" in America last year has the US Secret Service concerned – not so much because of the volume of these forged US dollar bills as because of the superb skill with which they’re made.…

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SYRIA AUTO MARKET BOOMS AFTER DUTY CUTS



BY PAUL COCHRANE, in Damascus

FOLLOWING a sizeable reduction in import duties last year, Syria’s fledgling car market has grown by up to 60% in under a year.

A mere decade ago Syria’s roads were full of ageing cars, such as 1950s and 1960s Chevrolets, Dodges and Plymouths that were either lovingly maintained or had had one paint job too many.…

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JORDAN DEVELOPS COMMERCIAL UNIVERSITY SECTOR



BY PAUL COCHRANE, in Amman

JORDAN is undertaking a root and branch reform of its higher education sector to better match the needs of its economy and regulate the burgeoning private sector.

With no statistics on the number of students enrolled in specific subjects, the country’s ministry of higher education is working with the United Nations Development Programme (UNDP) on a study to better coordinate the needs of the market and graduating students.…

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EU USA COUNTERFEIT GOODS ALLIANCE - FAKE CLOTHING



BY KEITH NUTHALL

THE UNITED States and the European Union (EU) have agreed to set up joint-border enforcement cooperation to detect counterfeit goods, including clothing, and to create teams of diplomats in third country embassies tasked with sharing data and intelligence on counterfeiting.…

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USA SCIENTISTS DEVELOP COCOA DISEASE CURES



BY MONICA DOBIE, in Ottawa

SCIENTISTS have gathered in Quebec City, Canada, to discuss ways of fighting plant diseases that threaten to destroy cocoa production. At the Cacao Diseases: Important Threats to Chocolate Production Worldwide symposium members of the American Phytopathological Society, Canadian Phytopathological Society, and the Mycological Society of America listened to experts warn of the grave threat to cocoa plants posed by three deadly diseases: black pod, frosty pod, and witches’ broom.…

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OLAF REPORT HIGHLIGHTS NEW EU FRAUD SCAMS



BY KEITH NUTHALL

THE LATEST annual report from European Union (EU) anti-fraud unit OLAF has revealed how an accounts department staff member of a European Commission delegation to Africa diverted Euro 300,000 of EU money to his own bank account. The official, who had been recruited locally, "systematically falsified the signatures of duly authorised delegation staff on several cheques, payment orders and other accounting documents," noted OLAF, which has kept the country of operation under wraps.…

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PEPSI THRIVES IN SYRIA AFTER 50-YEAR-BAN ENDS - SOFT DRINKS REVIEW



BY PAUL COCHRANE, in Damascus

THE SOFT drinks market in Syria is undergoing unprecedented growth, expected to surge 17%-18% this year over last year’s 12% growth, and Pepsi’s share of the market growing after just under a year of operations in the country.…

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OLAF FRAUD NOTIFICATIONS RISE SAYS AGENCY'S ANNUAL REPORT



BY TIMON MOLLOY and KEITH NUTHALL

SUSPECTED fraud notifications to OLAF, the European Union’s (EU) anti fraud office rose 20% in 2005, according to its activity report for the period July 2004 to December 2005, which was published in July. The agency received 857 new pieces of information, of which 560 were assessed as potential opening leads.…

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USA STATE DEPARTMENT ANNUAL MONEY LAUNDERING REPORT FEATURE



BY ALAN OSBORN

PROBABLY most specialists engaged in the fight against money laundering would agree that the US State Department’s International Narcotics Control Strategy Report (INCSR) – and in particular the country-by-country analysis in the money laundering volume – is the single most comprehensive and useful document on the subject published annually anywhere in the world.…

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ILO VIOLENCE AT WORK REPORT PSYCHOLOGICAL VIOLENCE



STORIES BY KEITH NUTHALL

THE INTERNATIONAL Labour Organisation (ILO) has warned of both an increase in violence at work worldwide and of an increasing variety of threats, which are increasingly psychological rather than purely physical. In its latest global study of workplace violence, ILO says: "Bullying, harassment, mobbing and allied behaviours can be just as damaging as outright physical violence.…

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EU USA ANTICOUNTERFEITING JOINT ACTION



STORIES BY KEITH NUTHALL

THE UNITED States and the European Union (EU) have launched a joint action programme to fight the counterfeiting of goods by international organised crime, which remains an acute problem for the cigarette industry. Washington and Brussels say they will set up joint-border enforcement actions focusing on fighting intellectual piracy and establish teams of diplomats in third country embassies tasked with sharing data and intelligence on counterfeiting.…

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PORTUGAL MONEY LAUNDERING REGULATIONL FEATURE



BY LIZ HALL, in Alicante

IMPROVEMENTS in Portugal’s ability to detect crime detection, combined with increased vulnerability within the tourist property development arena, mean we could see another Operation White Whale in the next few years, its tip emerging in Portugal rather than Spain, experts warn.…

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USA EU COUNTERFEITING COOPERATION DEAL



STORIES BY KEITH NUTHALL

THE UNITED States and the European Union (EU) have launched a joint action programme to fight the counterfeiting of goods by international organised crime, an increasing problem for the pharmaceutical industry. Washington and Brussels say they will set up joint-border enforcement actions focusing on fighting intellectual piracy and establish teams of diplomats in third country embassies tasked with sharing data and intelligence on counterfeiting.…

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EU USA COUNTERFEIT GOODS ALLIANCE - FAKE CLOTHING



BY KEITH NUTHALL

THE UNITED States and the European Union (EU) have launched a joint action programme to fight the counterfeiting of goods by international organised crime, which remains an acute problem for the clothing industry. Washington and Brussels say they will set up joint-border enforcement actions focusing on fighting intellectual piracy and establish teams of diplomats in third country embassies tasked with sharing data and intelligence on counterfeiting.…

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NORTH AMERICA VSA RESEARCH



BY MONICA DOBIE

THE DEADLY viral hemorrhagic septicaemia virus (VHSV), which causes fatal anaemia and haemorrhaging in many fish species, has been discovered for the first time in norther-eastern north America, in upstate New York, by Cornell University researchers.
In May 2006, scientists isolated the virus in round gobies that died in a massive fish kill in the southern St Lawrence River and in Irondequoit Bay, on the southern shore of Lake Ontario near Rochester, New York.…

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GM FOODSTUFFS CONTROLS EUROPEAN COMMISSION REPORT/REFORMS



BY KEITH NUTHALL

THE EUROPEAN Commission has proposed reforms to the scientific basis and transparency of decisions on approving or banning genetically modified organisms (GMOs) in foodstuffs. This follows concerns from member states that too many GM products are being approved for sale in the European Union (EU).…

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ECJ EUROFOOD CASE IRELAND ITALY PARMALAT



BY KEITH NUTHALL

THE EUROPEAN Court of Justice has ruled efforts to squeeze Ireland-based creditors from Bank of America-inspired insolvency proceedings of a Dublin-based subsidiary of Italian food giant Parmalat could be blocked by Irish courts. The ECJ confirmed the theoretical role of Italian liquidators, but in reality an Irish liquidator will probably handle the case.…

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SUNIL GOEL PROFILE



BY RAGHAVENDRA VERMA, in New Delhi

AN ALL-INDIA topper in school, the best performer in 1980 within his country’s Chartered Accountants’ Institute, and the first to hoist the sail of accountancy-outsourcing to India: Sunil Goel, 49, combines his academic knowledge, business skills and passion for information technology to reap the benefits of globally expanding business.…

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ECJ EUROFOOD CASE IRELAND ITALY PARMALAT



BY KEITH NUTHALL

THE EUROPEAN Court of Justice (ECJ) has ruled that efforts to squeeze Ireland-based creditors from Bank of America-inspired insolvency proceedings of a Dublin-based subsidiary of Italian food giant Parmalat could be blocked by the Irish courts. Although the ECJ ruling in principle also confirms the theoretical rights of Italian liquidators to have a role – noting that "the right of creditors or their representatives to participate" in insolvency proceedings "is of particular importance" – the effect in this case will be to guarantee the rights of a publicly appointed liquidator in Ireland.…

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EUROPEAN COMMISSION WATER RESEARCH REPORT



STORIES BY KEITH NUTHALL

A DETAILED European Commission report on a key European Union (EU) water research programme has concluded that its scientists lacked the necessary communications strategies to inform the public and industry about their discoveries. Scientists participating in EU-INCO water research schemes "had limited resources to communicate effectively outside their well-established modes of workshops, training seminars, conferences, technical reports, websites and referred articles", said the report, which added: "An equivalent infrastructure to facilitate communication beyond the science community does not exist".…

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POLAR BEAR - GRIZZLY BEAR HYBRID, CROSS-SPECIES BEAR MATING, CANADA NORTHWEST TERRITORIES



BY MONICA DOBIE, in Ottawa

CANADIAN scientists have confirmed a hybrid bear born of a grizzly bear and a polar bear was recently killed by a sports-hunter in Canada’s Northwest Territories (NWT). The bear was a creamy polar bear colour but also had long claws, a humped back, shallow face and brown patches around its eyes and nose: grizzly traits.…

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OBESITY CAMPAIGNS FEATURE - EU AND INTERNATIONAL ANTI-OBESITY CAMPAIGNS ASSESSMENT



BY ALAN OSBORN

OBESITY is a becoming one off the most important public health concerns worldwide and as a result, the best brains of the biggest international organisations have been developing a spate of policy ideas to fight this problem. A key example is the recent European Commission green paper on the issue, which laments the spread of obesity and invites ideas to counter it.…

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MIGA INVESTMENT GUARANTEES OIL AND GAS SECTOR WORLD BANK



BY KEITH NUTHALL

THE MULTILATERAL Investment Guarantee Agency, or MIGA, is the international organisation companies turn to when they want to invest in a jurisdiction where their assets might not be that safe. Oil and gas companies have long used MIGA to cover risks that are too tasty for the private insurance industry, and at December 2005, MIGA had supported 13 oil and gas projects, with guarantees totalling US$707 million, with a standard leverage of five-to-one, so investments covered are actually five times larger.…

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WTO REPORT DOHA DEVELOPMENT ROUND - MODALITIES FOLLOW UP - ROUND CONCLUSION



BY KEITH NUTHALL

INTRODUCTION

THE WORLD’S multilateral food trading system today stands at a crossroads: faced with the suspension of the World Trade Organisation’s Doha Development Round, it can either retreat to protectionism, leavened by a series of competitive bilateral trade deals, or it can grasp the nettle of liberal free trade, slash subsidies and tariffs, and then watch the economic rewards roll in.…

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OYSTER DISEASE TEST TECHNOLOGY CANADA USA



BY MONICA DOBIE

THE CANADIAN government has approved the use of advanced American technology to detect harmful noroviruses within the country’s prolific oyster beds. This ‘reverse-transcriptase polymerase chain reaction’ method effectively separates norovirus genetic materials from within oyster tissues. Canada’s health ministry has recently published its details within its Compendium of Analytical Methods reference guide for scientists.…

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EU DEVELOPING COUNTRIES WATER QUALITY



BY KEITH NUTHALL

THE EUROPEAN Commission is launching a call for proposals this week from water specialists to secure grants from a Euro 178 million-fund earmarked for improving water supplies in developing countries. Past projects involving money drawn from the Commission’s ‘water facility’ have included rehabilitating water collection and distribution in north Africa and Middle East countries, and improving water management in growing cities in Africa, Asia, Europe and Latin America.…

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WTO REPORT DOHA DEVELOPMENT ROUND - MODALITIES FOLLOW UP - ROUND CONCLUSION



BY KEITH NUTHALL
INTRODUCTION

THE WORLD’S multilateral food trading system today stands at a crossroads: faced with the suspension of the World Trade Organisation’s Doha Development Round, it can either retreat to protectionism, leavened by a series of competitive bilateral trade deals, or it can grasp the nettle of liberal free trade, slash subsidies and tariffs, and then watch the economic rewards roll in.…

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ICELAND UNIVERSITY RECTOR INTERVIEW SMALL EUROPEAN COUNTRY UNIVERSITIES



BY ALAN OSBORN

FACT BOX

Population of Iceland: 300,000

Number of students enrolled at university: 9,526

Percentage of university students who are Icelanders: 93%

Percentage of Icelandic population attending university: 5.8%

INTERVIEW

A LOT of people are fascinated by Iceland and it’s helped make the country’s university something of a lure for students across Europe and even America.…

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SOUTH AFRICAN NURSING BRITAIN RECRUITMENT HIT



BY STEVEN SWINDELLS, in Johannesburg

ONGOING recruitment of South African nurses to the UK is pushing South Africa’s already hard pressed public health system close to the brink of collapse and putting patient care at risk, the country’s lead nursing union and health experts have warned.…

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INTERAMERICAN DRUG ABUSE CONTROL COMMISSION CICAD - REGIONAL ANTI-MONEY LAUNDERING ORGANISATION FEATURE



BY ALAN OSBORN

IN line with the growing recognition in the 1980s of anti-money laundering campaigns as a weapon against terrorism and increased knowledge global drug supply routes, (implicating a number of Latin American countries), governments of the western hemisphere concluded that greater formal co-operation was necessary in fighting dirty money.…

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CULTURAL TRADE IMBALANCE - UNESCO



BY KEITH NUTHALL

DEVELOPING countries are failing to exploit the demand for cultural products, says a UNESCO Institute for Statistics report, which notes Britain, the USA and China produced 40% of the world’s cultural trade products in 2002, while Latin America and Africa together accounted for less than 4%.…

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MAGNA CAR PARTS DEAL PORSCHE ROOF TECHNOLOGY TAKEOVER EUROPEAN COMMISSION APPROVAL



BY KEITH NUTHALL

THE PRESIDENT of Canadian auto manufacturer supplies giant Magna International has welcomed the European Commission’s approval of its purchase of German roof system manufacturer CTS Fahrzeug-Dachsysteme GmbH (CTS) from sports car maker Porsche. Brussels has imposed no conditions on the deal, which it concluded would not harm competition in the European Union (EU).…

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CFATF - CARIBBEAN REGIONAL ANTI-MONEY LAUNDERING ORGANISATION



BY WESLEY GIBBINGS, in Port of Spain, Trinidad

WITH its multiple small jurisdictions, offshore tax havens and proximity to both drug producing countries in Latin America and the United States, the Caribbean has always been a focus of global anti-money laundering efforts.…

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USA CANADA MEXICO LEAD PETROL CHILDREN



BY KEITH NUTHALL

NORTH America’s Commission for Environmental Cooperation (CEC), helped by the US, Canada and Mexico governments has released a detailed report claiming that removing lead from petrol has reduced lead levels in children’s blood in all three countries.*

http://www.cec.org/files/pdf/POLLUTANTS/CEH-Indicators-fin_en.pdf…

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NANOTECHNOLOGY INVENTIONS FEATURE - PAINTS AND COATINGS



BY MATTHEW BRACE, in Sydney

FOR devotees of Captain Kirk, Dr Spock and the original Star Trek crew, the thrilling world of nanotechnology could sound vaguely familiar. It offers the 21st century a swathe of new products and services, from dirt-repelling cars to ‘thinking’ materials that can change colour automatically.…

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INTERAMERICAN DRUG ABUSE CONTROL COMMISSION CICAD - REGIONAL ANTI-MONEY LAUNDERING ORGANISATION FEATURE



BY ALAN OSBORN

IN line with the growing recognition in the 1980s of anti-money laundering campaigns as a weapon against terrorism and increased knowledge global drug supply routes, (implicating a number of Latin American countries), governments of the western hemisphere concluded that greater formal co-operation was necessary in fighting dirty money.…

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NANOTECHNOLOGY INVENTIONS FEATURE - COSMETICS



BY MATTHEW BRACE, in Sydney

IT might sound like science fiction but many of the most exciting and useful advances emerging from the super-science of nanotechnology are real. Nanotechnology is a relatively new approach that deals with understanding and applying the properties of matter at the nano-scale, where a small molecule measures one nano-metre (one billionth of metre) in length, or about 1/80,000 of the diameter of a human hair.…

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FATF AFRICA MEETING - AFRICA MONEY LAUNDERING INITIATIVE



BY KEITH NUTHALL

THE WORLD’S senior anti-money laundering body, the Financial Action Task Force (FATF) is to focus on Africa, following a meeting of the international organisation, in Cape Town last week. FATF members approved a strategy where its officials and those of the Eastern and Southern Africa Money Laundering Group "work together more aggressively to combat money laundering and terrorist financing in the region".…

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DEVELOPMENT AID INTERNATIONAL ORGANISATION ROUND UP, LEAD FREE PETROL, CULTURAL TRADE UNESCO, IFC ENVIRONMENTAL STANDARDS



BY KEITH NUTHALL

BY KEITH NUTHALL

UNEP – RISK MANAGEMENT

A BOOK detailing practical ways in which governments can reduce the costs of dealing with major challenges such bird flu, terrorism and climate change has been released by the United Nations Development Programme (UNDP).…

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CANADA MAGNESIUM ALLOY NAFTA CASE USA PROTECTION SUNSET REVIEW



BY KEITH NUTHALL

THE UNITED States International Trade Commission has been told by a North America Free Trade Area (NAFTA) panel to review a decision to renew a countervailing duty on Canadian exports to the USA of alloy magnesium. The panel ruled the commission "has not provided a reasoned explanation based on all of the evidence" that scrapping duties would lead to Québec producer Magnola unfairly underselling and harming the health of American producers.…

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USA CLAM DISEASE QPX TEST DEVELOPED



BY MONICA DOBIE
A NEW genetic test that can detect devastating clam disease QPX has been developed by American scientists at the Woods Hole Oceanographic Institution (WHOI), in Cape Cod Massachusetts. They claim the test is sensitive enough to detect the QPX organism not only in clams, but also in seawater and sediment.…

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ALTERNATIVE REMITTANCE SYSTEMS MONEY LAUNDERING - INDIA - TERRORIST FINANCE CONCERN



BY ALAN OSBORN

ONLY comparatively recently have the world’s anti money laundering agencies come to grips with alternative remittance systems (ARS) and even today the scale of the systems and the degree of infiltration by criminals is still not fully known.…

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USA CLAM DISEASE QPX TEST DEVELOPED



BY MONICA DOBIE

A NEW genetic test that can detect devastating clam disease QPX has been developed by American scientists at the Woods Hole Oceanographic Institution (WHOI), in Cape Cod Massachusetts. They claim the test is sensitive enough to detect the QPX organism not only in clams, but also in seawater and sediment.…

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CANADA BEER FEATURE USA BEER BRAND STRENGTH - BUDWEISER



BY MONICA DOBIE and KEITH NUTHALL

TIME was when Canadians focused a significant proportion of their habitual condescension towards their American neighbours through beer. US brands were dismissed as weak in alcohol, tasteless and generic. But today, even though the big US beer labels taste the same as they ever did – much to the relief of many consumers around the world, of course – Canadian beer tastes are changing, especially among the young.…

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SPAIN MONEY LAUNDERING POLICY FEATURE



BY LIZ HALL, in Alicante

SINCE March 2005, Operation White Whale, an extensive international anti-money-laundering operation spearheaded by the Spain’s National Police (the Policia Nacional), has produced the arrest of 57 people and the laundering of at least Euro 250 million euros obtained through illegal drug trafficking, according to Spain’s Interior Ministry (Ministerio del Interior).…

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MIGA INVESTMENT GUARANTEES MINING SECTOR WORLD BANK



BY KEITH NUTHALL

THE MULTILATERAL Investment Guarantee Agency, or MIGA, is the international organisation companies turn to when they want to invest in a jurisdiction where their assets might not be that safe. Mining companies have long used MIGA to cover risks that are too tasty for the private insurance industry, and the agency has issued 58 guarantees for the sector since it was formed in 1988.…

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UNEP BIRD FLU - EARLY WARNING SYSTEM - MIGRATORY BIRDS



BY KEITH NUTHALL
AN INTERNATIONAL alliance of environmental and conservation organisations is to develop a bird flu early warning system, alerting countries, and even communities, of a looming risk posed by migrating wild birds that may carry the disease. The United Nations Environment Programme (UNEP), the Convention on Migratory Species (CMS), Wetlands International, Birdlife International and the International Council for Game and Wildlife Conservation are planning to help the scheme.…

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WTO EU BANANA TARIFF RULING



BY KEITH NUTHALL
THE EU must reconsider its planned Euro 187/tonne tariff for Latin America bananas, while Caribbean and African producers get an annual duty-free quota of 775,000 tonnes, said the WTO.…

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USA SPIRITS RADIO ADVERTISEMENTS



Keith Nuthall
SPIRITS companies have pushed the American radio-advertising envelope once again by posting full-length song ads on satellite radio stations. The latest wave of ads, sponsored by Diageo’s Tanqueray Gin, features a 2.5 minute hip-hop song titled “Get Your Ice On,” and are running on Sirius Satellite Radio stations in the US and Canada.…

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CHILD LABOUR ILO



BY KEITH NUTHALL
ELIMINATING child labour in Latin America within the next 20 years could generate an estimated US$340 billion in economic benefit as a result of children’s improved access to universal education and better health care, according to an International Labour Organisation (ILO) study.…

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OLD COMPUTER EXPORTS USA - WASTE REGULATIONS AVOIDANCE



BY MONICA DOBIE
AN ENVIRONMENTAL organisation has blamed American businesses for dodging safe, but costly recycling methods for their used computer equipment by shipping them to developing countries in an insincere show of philanthropy, which actually causes severe environmental damage.

A report called ‘The Digital Dump: Exporting Reuse and Abuse to Africa,’ written by the Seattle-based Basel Action Network, says the bulk of used computer equipment sent from the United States to developing countries for use in homes, schools and businesses is often neither usable nor repairable.…

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WTO EU BANANA TARIFF RULING



BY KEITH NUTHALL
THE EUROPEAN Commission has been told by the WTO to reconsider its planned tariff of Euro 187 for bananas imported from Latin America, whilst Caribbean and African producers had an annual duty-free quota of 775,000 tonnes.…

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OPEN SKIES AGREEMENT USA EU TENTATIVE DEAL



KEITH NUTHALL
EUROPEAN Commission officials have claimed a breakthrough in the recently resumed talks on a European Union (EU)-United States open skies deal. Brussels newswires have reported both sides have agreed cabotage flights both in America and the EU. The agreement however must be approved by the EU Council of Ministers (not guaranteed) and depends on Washington allowing more foreign ownership of its airlines.…

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MERCOSUR LABORATORY STANDARDS



BY KEITH NUTHALL

COSMETICS, perfume and personal hygiene companies in the Mercosur region of South America will have to stage annual health inspections of their manufacturing systems under a resolution agreed by member states Brazil, Argentina, Paraguay and Uruguay. These will have to demonstrate that companies are following prescribed Mercosur standards of good practice, with written reports being produced by in-house laboratories, detailing results and any reforms that are required.…

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FIBRE-RICH SEAWEED ADDITIVE



BY MONICA DOBIE
BURGERS and pork pies could become healthier by adding a tasteless but fibre-rich extract from seaweed, scientists from the University of Newcastle have claimed. Their research has examined a brown seaweed Lessonia and Laminaria, found in east Asia, south America, Norway and Scotland.…

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GLOBAL TOBACCO ADVERTISING REGULATION FEATURE



BY ALAN OSBORN
ON July 31 this year the European Union’s (EU) Tobacco Advertising Directive came into effect, making it illegal to advertise tobacco products in the print media, radio and over the Internet within the EU. Also banned was tobacco sponsorship of cross-border cultural and sporting events.…

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MONEY LAUNDERING, USA MUTUAL FUNDS, CREDIT UNIONS, PRIVATE BANKS



BY ALAN OSBORN
STANDFIRST

AMERICA’S post 9/11 AML legislation does not only affect the formal banking sector, it controls other savings and investment institutions too, and in different ways. Alan Osborn reports.

MUTUAL FUNDS

ALTHOUGH there have been some complaints, by and large America’s mutual funds have accepted with reasonable grace the anti money laundering legislation brought in by the US government since the September 11 attacks.…

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GM FEED APPROVAL



BY KEITH NUTHALL
THE EUROPEAN Commission has authorised the import into the European Union (EU) of a genetically modified oilseed rape GT73 for animal feed. Brussels will also allow the Monsanto developed rape to be processed in the EU. It is tolerant to the herbicide glyphosate, and, said the Commission, “is already widely used in North America with no reports of any adverse effects on health or the environment”.…

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USA - EU WINE AGREEMENT



BY ALAN OSBORN
AFTER twenty years of haggling, a deal on wine has been reached by the European Union (EU) and the United States under which the EU will accept existing American wine-making practices such as adding malic acid to correct deficient acidity (common in California) and the use of oak wood chips during ageing.…

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IFC - BRAZIL PETROCHEMICALS



BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is lending US$150 million to Brazil petrochemical company Ipiranga Petroquimica SA, one of Latin America’s leading producers of polyolefins. The loan will support initiatives including “process improvements and debottlenecking of operations”.…

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COW POLLUTION



BY MONICA DOBIE
NAMED America’s fruit basket, the San Joaquin Valley in California ranks among the top three regions of the US with the dirtiest air, alongside traffic-clogged Los Angeles and Houston. Among lush green meadows, with fruits crops dancing in the breeze, is an environmental disaster caused by 2.5 million cows, said a recent report, by the San Joaquin Valley Air Pollution Control District.…

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AMERICAN SPIRITS PROTECTION



BY KEITH NUTHALL
THE UNITED States’ Distilled Spirits Council has congratulated the US Congress for approving the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA) for opening central American markets to USA spirit exports. Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua) and the Dominican Republic will immediately abolish tariffs on US-produced whiskey and gin.…

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US INVESTMENT ADVISORS MONEY LAUNDERING



BY ALAN OSBORN
ONLY in America would you find investment and commodity trading advisors ranked as professionals, with their own formal association, codes of practice, mission statement and newsletter. This is not to mock them but rather to acknowledge the extent to which the US investment scene has developed powerful and sophisticated bodies of professional experts that seem hardly to exist at all in other countries.…

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IRELAND - CARBON



BY KEITH NUTHALL
AN IRISH company’s plan to help 1,600 meat and dairy producers in Latin America adopt technology capturing and disposing of methane has been supported by a US$10 million loan from the World Bank’s International Finance Corporation (IFC). AgCert International plc actually wants to spend US$150 million on rolling out these systems over the next three years, especially in Brazil and Mexico.…

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IRELAND - CARBON



BY KEITH NUTHALL
AN IRISH company’s plan to help 1,600 meat and dairy producers in Latin America adopt technology capturing and disposing of methane, creating saleable carbon credits, has been supported by a US$10 million International Finance Corporation loan. AgCert International plc wants to spend US$150 million on rolling out these systems.…

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US BROKERS/COMMISSION AGENTS MONEY LAUNDERING



BY ALAN OSBORN
A WHOLE slew of activities is covered by people calling themselves brokers in the US but here we’re concerned with those who buy and sell securities in the straightforward way on behalf of others (brokers) or for themselves (dealers) and those who deal in options for future delivery of a range of items like agricultural commodities, oil, precious metals, equities, bonds and foreign currencies (futures commission merchants or FCMs).…

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TSUNAMI WARNING



BY ALAN OSBORN
INSURERS should have a much clearer idea of the risks involved in extending cover to the areas hit by the tsunami at the end of last year following agreement by 23 Indian Ocean nations to share data and set up seven regional warning centres.…

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MEXICO: WTO APPEAL



BY KEITH NUTHALL
MEXICO has appealed against a refusal by a World Trade Organisation (WTO) disputes panel to order the United States to immediately scrap anti-dumping duties on Mexican oil country tubular goods (OCTG). It wants a WTO appellate body to make such a decision, even though the panel did order the US government to review the duties because of errors made in their imposition.…

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ONLINE PHARMACY FRAUD



BY MONICA DOBIE
A RECENT USA Food and Drug Administration (FDA) report has found many online pharmacies declaring they are based in Canada, selling cheap drugs under local liberal medicine sales laws, are actually based in the US or outside North America, in Vietnam and the Czech Republic, for instance.…

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NEW ZEALAND FEATURE



BY MATTHEW BRACE
NEW Zealand might only have a population of just over four million people but it has a paint manufacturing industry of some note. Anyone who has visited the capital, Wellington, or seen pictures of it, will remember the rows of brightly coloured houses along the waterfront.…

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MONEY LAUNDERING REPORT



BY KEITH NUTHALL
THAT criminals abuse the insurance industry is nothing new for a sector routinely screening claims for hints of fraud. However, its managers have proved far less alert to the risk of it being exploited by money launderers and terrorist financers, a new detailed report has claimed.…

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ONLINE PHARMACY FRAUD



BY MONICA DOBIE
A RECENT USA Food and Drug Administration (FDA) report has found many online pharmacies declaring they are based in Canada, selling cheap drugs under local liberal medicine sales laws, are actually based in the US or outside North America, in Vietnam and the Czech Republic, for instance.…

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MEAT PRICES - OECD/FAO



BY KEITH NUTHALL
AN INTERNATIONAL assessment of commodity markets until 2014 is predicting that increased production worldwide will depress the price of traded meat. Written by the Organisation for Economic Cooperation and Development (OECD) and the UN’s Food and Agriculture Organisation (FAO), this ‘Agricultural Outlook’ predicts slow but steady falls in beef prices, because of the gradual improvement in US production, and poultry, following “continued investment in integrated poultry systems, particularly in developing countries”.…

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MERCUSOR REGULATION



BY KEITH NUTHALL
THE MEMBER states of the Mercosur trade bloc in South America have agreed to harmonise their authorisation and registration procedures for cosmetic, perfume and personal hygiene products companies. The aim of Brazil, Argentina, Uruguay and Paraguay is to remove restrictions preventing their trade in these products.…

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ILO FORCED LABOUR



BY KEITH NUTHALL
AT least 12.3 million people are trapped in forced labour around the world, says the International Labour Organisation (ILO), with the overwhelming majority being in Asia. A new report said 9.5 million forced labourers were in Asia; 1.3 million in Latin America and the Caribbean; 660,000 in sub-Saharan Africa; 260,000 in the Middle East and North Africa; 360,000 in industrialised countries; and 210,000 in ‘transition’ countries, for instance in eastern Europe.…

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BC MINE SALMON THREAT



BY MONICA DOBIE
ENVIRONMENTALISTS have raised concerns about a plan to tap the largest gold deposit and the second largest copper deposit in North America, saying it could pollute the headwaters of a valuable local salmon fishery. The USA’s Northern Dynasty Mines Inc.…

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CENTRAL AMERICA WTO



BY KEITH NUTHALL
ECUADOR, Colombia, Costa Rica, Panama, Honduras and Guatemala have launched disputes proceedings at the World Trade Organisation opposing planned European Union duties on their banana exports from 2006, when current quotas are scrapped. Caribbean producers will pay lower tariffs.…

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EFSA - CENTRAL AMERICA



BY KEITH NUTHALL
THE EUROPEAN Food Safety Authority (EFSA) has concluded that beef cattle from Costa Rica, El Salvador and Nicaragua have an increasing risk of being infected with BSE, although it is currently “unlikely”. EFSA noted potentially contaminated beef livestock had been imported in the 1990s from north America and Europe, and that local controls were “unstable”.…

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SPAIN FEATURE



BY LIZ HALL
A PROFUSION of family-run businesses, corrupt and under-resourced authorities and low wages has traditionally meant much commercial crime goes undetected in Latin America. But the tide is turning, with more and more companies unwilling to turn a blind eye to fraud, bribery and counterfeit goods production.…

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ROMANIA FEATURE



BY MARK ROWE
THE YEAR 2007 will be a significant one for Romania. It is the year that the country is scheduled to join the European Union (EU); it is also the year that Romania’s second nuclear power unit is expected to come on line.…

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UNESCO REPORT



BY KEITH NUTHALL
SECONDARY education is expanding rapidly worldwide, with enrolments increasing from 321 million in 1990 to 492 million in 2002/03, says UN education organisation UNESCO. The fastest growth has occurred in South America which, along with Europe, now has the world’s highest enrolment ratios: almost 100%.…

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CEA WTO ROUND CALL



BY KEITH NUTHALL
AS the May 31 deadline looms for World Trade Organisation (WTO) member countries to make formal offers to liberalise their service industries, the Comité Européen des Assurances (CEA) has called on Brazil, India and China to be as generous as they can.…

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METAL FEDERATION - CAR CONSULT



BY KEITH NUTHALL
THE EUROPEAN Metalworkers’ Federation (EMF) has called on the European Union’s (EU) governments and car industries to adopt long-term innovative strategies that guarantee a sustainable future for the EU automobile industry, a key purchaser of steel and other metals.…

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GM ACTION



BY KEITH NUTHALL
THE EU Council of Ministers has ordered imports of corn gluten and brewers grain livestock feed from the United States of America to be certified as free of the genetically modified maize GMO Bt10, following unauthorised imports of this ingredient into the EU.…

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DIMAS - KYOTO/USA



KEITH NUTHALL
EUROPEAN Union (EU) environment Commissioner Stavros Dimas has thrown in the towel over persuading the USA to sign the Kyoto Protocol. However, the Greek has committed himself to involving Washington in negotiations to create an anti-global warming agreement that takes the world beyond the Kyoto deadline of 2012.…

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INTERNET CIGARETTES - USA



BY MONICA DOBIE
SCORES of Internet tobacco retailers have shut down in America after all major credit card companies refused to accept payment for tobacco products bought online, the New York Times has reported.

The federal Bureau of Alcohol, Tobacco and Firearms had warned credit card companies most such sales were illegal.…

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USA VEHICLE DEALERS MONEY LAUNDERING



BY ALAN OSBORN
JUST because American car and truck dealers are not, at present, required to operate formal anti-money laundering programmes doesn’t mean they’re a soft touch for people who want to hide illegal cash. Say you wanted to buy a used car for US$11,000 in cash.…

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INTERNATIONAL ORGANISATION ROUND-UP: WORLD BANK INDICATORS



BY KEITH NUTHALL
THE WORLD Bank’s latest global development indicators show sub-Saharan Africa as the world’s laggard regarding the UN’s Millennium Development Goals. For instance, east Asia/Pacific; eastern Europe/central Asia; Latin America/Caribbean; and the Middle East/north Africa regions have moved solidly towards reducing child mortality by two-thirds in 2015.…

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ROTISSERIE CHICKEN



BY KEITH NUTHALL
PREPARED roast chicken sales in the U.S have skyrocketed since the 1970’s with consumers spending more than US$2.5 billion every year in supermarkets according to the Grocery Manufacturers of America. The reason for the surge is due to convenience and the fact that the price difference between raw chickens are cooked ones is minimal.…

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NON-CUBA CIGARS AOInv106



BY ALAN OSBORN
PRESIDENT George W Bush’s re-election last November has pretty well ruled out any change in the US ban on Cuban cigars for the next four years – if anything, things are likely to get tougher. One of the last things the previous Bush administration did last October was to actually tighten the import ban by barring Americans travelling to Cuba from bringing back up to US$100 dollars worth of Cuban cigars.…

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USA CASINO FEATURE MONEY LAUNDERING



BY ALAN OSBORN
FEW industries are as touchy about their image as the American gambling business but given the way the industry is portrayed by Hollywood this is understandable. Whether or not people are right to hold the industry in such suspicion these days is debatable.…

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EU WINE PUBLICITY



BY KEITH NUTHALL
THE EUROPEAN Commission will spend Euro millions over the next three years promoting French, Spanish, Portuguese, Italian, German and Austrian wines in key foreign markets. Announcing the latest of a series of such grants, (matched by national funding), Brussels noted that the main targets would be north America, China, Russia, India, Japan and non-European Union countries in central and eastern Europe.…

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EU WINE PUBLICITY



BY KEITH NUTHALL
THE EUROPEAN Commission will spend the majority of a new Euro 5 million budget over the next three years promoting French, Spanish, Portuguese, Italian, German and Austrian wines in key foreign markets. Brussels noted that the main targets would be north America, China, Russia, India, Japan and non-European Union countries in central and eastern Europe.…

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MICROBREWERIES - USA



BY MONICA DOBIE
AMERICA’S microbrewers sold 7% more beer in 2004 versus 2003, making so-called ‘craft’ beer the fastest growing segment of the US beverage alcohol industry, according to the Brewers Association, (NOTE – NO APOSTRAPHE) the Boulder, Colorado, based trade association for this sector.…

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ITALY BEEF PROMOTION



BY KEITH NUTHALL
THE EUROPEAN Commission is to spend Euro 468,500 over one year on promoting the sale of Italian beef and veal in Japan, north America, Russia and non-European Union (EU) European countries. There will be matching national government funding for public relations, promotion and publicity campaign coordinated by cooperative organisation Naturalcarni.…

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US BORDER



BY KEITH NUTHALL
A US judge has granted a request by an American cattlemen’s group to temporarily halt plans to reopen the border to Canadian cattle, which had been planned for this week. R-CALF United Stockgrowers of America argued that the opening of borders would present risks of BSE from Canada infiltrating US herds.…

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PRECIOUS METAL DEALERS MONEY LAUNDERING



BY ALAN OSBORN
IF you are looking for a smart way to launder money, the purchase and sale of precious metals ought to be as good as any around. Outlining its proposed rules for the sector in early 2003, the US Treasury’s Financial Crimes Enforcement Network (FinCEN) noted that precious metals (mainly gold, silver and platinum) were “easily transportable, highly concentrated forms of wealth” which could be converted into cash anywhere in the world, were actively traded and could be melted to obliterate refinery marks making them “virtually untraceable.”…

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LITHUANIA DEAL



BY KEITH NUTHALL
THREE Belgian brothers – who launched Lithuania’s second largest supermarket chain after the country quitted the ex-USSR – have secured Euro 40 million equity investment by a major US finance house. The European Commission has approved America’s Citigroup Inc taking a minority share in the Ortiz brother’s UAB Palink group.…

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NORTHERN OZONE LAYER



BY KEITH NUTHALL
FORGET about global warming, European scientists are currently more concerned about record low temperatures in the Arctic region, which they claim are thinning the northern hemisphere’s ozone layer to dangerously thin depths. Although Europe, Asia and north America have pumped most of the world’s ozone-depleting chemicals into the atmosphere, it is in the south where the notorious ozone hole has appeared, bringing skin cancers to Australasia and other regions.…

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MORE BANANAS



BY KEITH NUTHALL
A NEW banana trade war with Latin America may erupt after the European Commission formally announced that it intends to triple tariffs from 2006 to Euro 230/tonne. Restrictive quotas would no longer apply, however.…

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RJR SETTLEMENT



BY MONICA DOBIE
AMERICA’S RJ Reynolds Co. has agreed to settle out of court in a dispute over whether it violated terms of the 1998 Master Settlement Agreement in California which banned tobacco companies from advertising to youths in publications such as Vibe, Sports Illustrated, Spin, Hot Rod, Rolling Stone and Car and Driver.…

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SPAIN MONEY LAUNDERING POLICY FEATURE



BY LIZ HALL, in Alicante

SINCE March 2005, Operation White Whale, an extensive international anti-money-laundering operation spearheaded by the Spain’s National Police (the Policia Nacional), has produced the arrest of 57 people and the laundering of at least Euro 250 million euros obtained through illegal drug trafficking, according to Spain’s Interior Ministry (Ministerio del Interior).…

Read more

CANADA BEER FEATURE USA BEER BRAND STRENGTH - BUDWEISER



BY MONICA DOBIE and KEITH NUTHALL

TIME was when Canadians focused a significant proportion of their habitual condescension towards their American neighbours through beer. US brands were dismissed as weak in alcohol, tasteless and generic. But today, even though the big US beer labels taste the same as they ever did – much to the relief of many consumers around the world, of course – Canadian beer tastes are changing, especially among the young.…

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CANADA SMOKING FEATURE



BY MONICA DOBIE
FOR many people, Europeans in particular, Canada represents wide-open spaces, pristine wilderness teaming with wildlife, a high standard of living and a country tolerant of other cultures.

And Canadians are generally a happy bunch, who smugly cherish their social differences with their neighbours south of the border, notably that their high taxes are fair because the money creates social programmes and a national health care system that their American counterparts do not enjoy.…

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EC MEDIUM-TERM REPORT



BY KEITH NUTHALL
THE EUROPEAN Commission is forecasting a “moderately positive” outlook for European Union (EU) meat and poultry markets, with the industry recovering from its recent BSE, bird flu and Food and Mouth Disease scares. Its ‘Prospects for agricultural markets in the European Union 2004-2011’ report says that the sector is also being helped by Common Agricultural Policy (CAP) reform, favourable world market conditions and an assumed future return to a stronger US dollar.…

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SOUTH AFRICA FEATURE



BY RICHARD HURST, in Johannesburg
SOUTH Africa is an emerging economy, neither fully developed, nor fully developing. As a result, there are some rich pickings for commercial criminals, who can operate more freely than in Europe and North America. Richard Hurst reports from Johannesburg.…

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WTO SERVICES ROUND ANALYSIS



BY KEITH NUTHALL
THE INSURANCE industry will wait attentively for the responses due in May to formal requests made this week by the European Commission for its World Trade Organisation (WTO) partners to liberalise their financial sectors.

These notes were made within the WTO’s Doha Development Round’s talks on services, which are in technical terms more advanced than the other portions of the negotiations.…

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CANADA - BSE



BY KEITH NUTHALL
THE LATEST BSE discovery in Canada has inspired the Ranchers-Cattlemen Action Legal Fund (R-CALF)/United Stockgrowers of America organisation to sue the US Agriculture Department to prevent imports of Canadian cattle and beef products.

R-CALF says Canadian imports pose health risks to people and cows, costing American producers up to US$3 billion in lost demand.…

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MERCOSUR LABORATORY STANDARDS



BY KEITH NUTHALL

COSMETICS, perfume and personal hygiene companies in the Mercosur region of South America will have to stage annual health inspections of their manufacturing systems under a resolution agreed by member states Brazil, Argentina, Paraguay and Uruguay. These will have to demonstrate that companies are following prescribed Mercosur standards of good practice, with written reports being produced by in-house laboratories, detailing results and any reforms that are required.…

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ALTERNATIVE REMITTANCE SYSTEMS MONEY LAUNDERING - INDIA - TERRORIST FINANCE CONCERN



BY ALAN OSBORN

ONLY comparatively recently have the world’s anti money laundering agencies come to grips with alternative remittance systems (ARS) and even today the scale of the systems and the degree of infiltration by criminals is still not fully known.…

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USA CLAM DISEASE QPX TEST DEVELOPED



BY MONICA DOBIE

A NEW genetic test that can detect devastating clam disease QPX has been developed by American scientists at the Woods Hole Oceanographic Institution (WHOI), in Cape Cod Massachusetts. They claim the test is sensitive enough to detect the QPX organism not only in clams, but also in seawater and sediment.…

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QUEBEC WALMART UNIONS



BY MONICA DOBIE
WAL-MART Canada Corp is consulting its lawyers after the retail chain was told to accept union recognition at a Quebec store, only the second time this has happened in the whole of north America. The Quebec Labour Relations Commission has certified workers at the Saint-Hyacinthe store, 60 km east of Montreal, as belonging to and represented by the United Food and Commercial Workers Canada (UFCW).…

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MIGA INVESTMENT GUARANTEES MINING SECTOR WORLD BANK



BY KEITH NUTHALL

THE MULTILATERAL Investment Guarantee Agency, or MIGA, is the international organisation companies turn to when they want to invest in a jurisdiction where their assets might not be that safe. Mining companies have long used MIGA to cover risks that are too tasty for the private insurance industry, and the agency has issued 58 guarantees for the sector since it was formed in 1988.…

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UN AUDIT OFFICE



BY KEITH NUTHALL
WITH United Nations secretary-general Kofi Annan facing unprecedented pressure for his resignation over the involvement of his son in the brewing Iraq oil for food scandal, the spotlight has again fallen on the finances of his global body.…

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DRUG PRECURSORS



BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has approved new drug precursor controls that take account of the EU’s becoming a centre for the manufacture of illicit synthetic drugs such as Ecstasy. These reforms amend existing rules that mainly prevented the export of chemicals used to make cocaine and heroin to manufacturing centres for these drugs in Asia and Latin America.…

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GLOBAL TOURISM INCREASE



Keith Nuthall
INTERNATIONAL tourist travel has rebounded strongly this year from its September 11-attacks induced torpor, the World Tourism Organisation has claimed. Between January and August 2004, the number of international tourist arrivals grew 12% compared to the same months in 2003, said the UN agency.…

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WHO SMOKING STATISTICS



BY KEITH NUTHALL
WANT to sell cigarettes? Go east, young man. That might be the advice that tobacco companies could glean from the latest set of World Health Organisation (WHO) smoking figures. Using 2003 or latest available data, the WHO has collated percentage rate proportions of smoking adults (18 and over), compared with total populations of all but 56 countries: the overwhelming majority of nations.…

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ROBOT WARS



BY KEITH NUTHALL
THE OPPORTINITY for companies to buy efficient robots to tackle unpopular or dangerous jobs is increasing fast, with orders for industrial robots rising by 18% worldwide January-June this year, a United Nations Economic Commission for Europe (UNECE) report has said.…

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CARMEUSE LOAN



BY ALAN OSBORN
THE CARMEUSE Group of Liege, Belgium, one of the world’s largest producers of lime, is to strengthen its presence in eastern Europe with a major investment in Romania that is being supported by the European Bank for Reconstruction and Development (EBRD).…

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ORANGE JUICE RESEARCH



BY MONICA DOBIE
SCIENTISTS from the USA’s Agricultural Research Service are trying to improve the taste of reconstituted orange juice in order to match the flavour of freshly squeezed orange juice that most consumers prefer.

To do this, researchers had to isolate 40 “flavour aroma compounds” that make freshly squeezed OJ taste the way it does.…

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INDONESIAN SMOKERS



BY MATTHEW BRACE
THE day I met Kadek he was sitting on the well-worn black saddle of his 50cc Yamaha, shades perched on his nose and obligatory Djarum smouldering on his bottom lip. “Transport?” he asked; the signature call of Kuta Boys who earn pin money from scooting tourists, frugal businessmen and journalists through the traffic-clogged streets of this fabled Bali beach resort.…

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ADHESIVES FEATURE



BY JONATHAN THOMSON
THE GROWING use of adhesives in the manufacture of automotive interiors is not only helping to meet the demands of consumers in terms of aesthetics and car performance, but is also satisfying environmental regulators. But could these bonding processes also be more widely used in the construction of car exteriors in the near future?…

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AUTO ADHESIVES



BY JONATHAN THOMSON
PRESSURE from consumers and regulators have forced automotive manufacturers to re-examine the vehicle construction process from top to bottom in recent years. Increasing fuel prices coupled with drivers’ demands for improved performance has meant that the use of lighter materials, such as aluminium and composites which are bonded using adhesives, has become far more widespread, and could be set to become even more commonplace in volume production.…

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MONGOLIA DEAL



Keith Nuthall
THE UNITED States and Mongolia have negotiated a trade and investment framework agreement, creating a bilateral council charged with boosting the countries’ trade in textile and other goods. Mongolian textiles and clothing dominate its annual US$183.4 million exports to America.…

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COLUMBIAN FAKES



BY KEITH NUTHALL
THE FIRST counterfeiting press for Euro banknotes uncovered in Latin America has been seized by Columbian police, working with Interpol, who netted 54,400 forged 100 Euro notes, 104,700 fake US dollars and a lithograph machine in Bogota, the capital.…

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OBESITY RESEARCH ERRORS



BY MONICA DOBIE
AMERICAN scientists have warned that claims the USA is facing an obesity epidemic and that overweight people face serious health risks are exaggerated and misleading.

Paul Campos a University of Colorado professor and author of a book, The Obesity Myth, says that some government research is based on “junk science” that has caused an unnecessary fear across America.…

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SECURITY CODE



BY KEITH NUTHALL
AS the deadline for the International Maritime Organisation (IMO) security code passes today (July 1) with just over half of ships and ports in compliance, maritime insurers are considering whether policies should exclude coverage for shipping losses caused by failures to implement these rules.…

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FROG FUNGUS



BY MONICA DOBIE
AMERICAN scientists believe that a fungus is to blame for the accelerated decline and, in some cases, extinction of frogs and toads in north and central America and Australia James P. Collins, an ecologist and evolutionary biologist at Arizona State University told the Los Angeles Times that 32 strains of the emerging pathogen called batrachochytrium dendrobatidis have been linked to three-fourths of frogs species in decline in Costa Rica and Panama.…

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AGOA - AFRICA/USA



Keith Nuthall
USA sales of textile and clothing made in sub-Saharan Africa have been increasing solidly as a result of the African Growth and Opportunity Act, which promotes trade by allowing duty free exports of products into America. That is the conclusion of a new report from the US Trade Representative (USTR) office on the act’s influence on trade and investment policy towards and in the region.…

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TUMOUR VIRUS



BY MONICA DOBIE
RESEARCHERS at America’s St Louis University are destroying tumours with genetically engineered viruses that infect cancer cells whilst leaving healthy cells unharmed. Results published in the journal Cancer Research have claimed cancer cells are destroyed when the viruses reproduce themselves.…

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TUMOUR VIRUS



BY MONICA DOBIE
RESEARCHERS at America’s St Louis University are destroying tumours with genetically engineered viruses that infect cancer cells whilst leaving healthy cells unharmed. Results published in the journal Cancer Research have claimed cancer cells are destroyed when the viruses reproduce themselves.…

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OPEN SKIES DELAY



Keith Nuthall
NEGOTIATIONS on a comprehensive open skies deal involving the European Union (EU) and the United States are being held up, with the US refusing to allow EU carriers cabotage rights within America. The European Commission also wants EU companies to be able to buy majority control of US airlines.…

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US - AGOA



BY KEITH NUTHALL
THE UNITED States Trade Representative has claimed more than 95 per cent of US imports from sub-Saharan African Growth and Opportunity Act (AGOA) eligible countries now enter America duty free. Exports rose by 55 per cent to US$14 billion from 2002 to 2003, mainly through higher oil sales.…

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DISEASE CONTROL



BY MONICA DOBIE
DATA from the Atlanta, USA’s Centers for Disease Control has shown alarming levels of pesticide contamination in North America. Researchers tested the blood and urine of 9,000 people for levels of 23 pesticides, and found that 100 per cent of the subjects carried detectable levels of contamination.…

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FAO BREEDS DECLINE



BY KEITH NUTHALL
THE UNITED Nations Food & Agricultural Organisation (FAO) has warned that the number of domesticated livestock breeds worldwide is declining sharply, with 1,350 of the roughly 6,300 FAO registered breeds threatened by extinction or already extinct. The problem has been discussed by a special FAO meeting of national coordinators on animal genetic resources, which is developing a global plan to halt their disappearance.…

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EU ACCIDENT STATS



BY MONICA DOBIE
TREATING low-wage workers well provides substantial benefits to companies according to a recent American corporate study. Conducted for Corporate Voices for Working Families, it highlighted 15 company programmes ranging from subsidised child care at Bank of America to short term employee loans at Levi Strauss & Co.…

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HEALTH MONITOR



BY MONICA DOBIE
A SATELLITE based monitor used to track the health of climbers on an expedition to Mount Everest will soon help British nurses better serve their patients.

The Health Monitoring Kit, developed by Canadian company March Networks, allows nurses to monitor their patients externally through a camera and a Internet broadband connection.…

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USA MONEY LAUNDERING REPORT



BY KEITH NUTHALL
NOBODY likes to be on a blacklist, especially one written by the American government. But every year, the US state department issues a comprehensive rogues gallery of countries involved in the narcotics trade and related criminal problems. One surprising entrant: the United States.…

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CAR PAINT



BY JONATHAN THOMSON
WHY do we change our cars so often? Most drivers spend between two to three years with their car before trading in for a new model, long before the average mechanical lifespan. Perhaps it is because every year car manufacturers claim to improve on vehicle performance, reliability, efficiency, safety and handling?…

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CARIBBEAN FEATURES



BY MARK WILSON
AWASH with recently-passed legislation and newly-established Financial Investigation Units, the small nations of the Caribbean have transformed their money laundering controls since the mid-1990s. In 2000, five Caribbean island jurisdictions made up one-third of the Financial Action Task Force (FATF) list of fifteen non-cooperative countries and territories, each of them with ‘serious systemic problems,’ in the words of a FATF review published on June 22 of that year.…

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CRAZY DRINKS LAWS



BY PHILIP FINE

AT LEAST no one in today’s America has to contend with Carry Nation. She was the late-19th century Kansas reformer who crusaded against the sale and consumption of alcohol. Known as the original saloon smasher, she would burst into bars and cause as much damage as she could to drinking establishments.…

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FOREIGN POSTINGS - HEALTH



BY MONICA DOBIE, ALAN OSBORN and MARK ROWE
SENDING employees abroad or setting up overseas branches always take some preparation and maybe the most important job is taking care of workers’ health needs. Not only must local employment laws be followed, but companies must ensure that they can manage the alien health risks faced abroad.…

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US NUCLEAR PLANT



BY MONICA DOBIE
A CONSORTIUM of seven major power companies is to apply for a license to build a new commercial power plant in the United States. EDF International North America, a subsidiary of Électricité de France, and the Westinghouse Electric Company, a BNFL subsidiary, are participating.…

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US AUSTRALIA ROW



BY KEITH NUTHALL
A SPECIALIST ferrous metal United States government committee has criticised the recent free trade agreement struck between the US and Australia that will remove tariffs on iron, steel and related products traded between the two countries. The federal inter-sector advisory committee on ferrous ores and metals has concluded the although the deal itself does promote US interests, there are a number of elements that fail to cover concerns “which certainly affect our sector’s economic interests and the equity and reciprocity for the US overall that we seek in US trade agreements.”…

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FLAVOURED CIGARS FEATURE



BY ALAN OSBORN
THEY’RE not to everybody’s taste, we quite agree, but there’s no doubt that flavoured cigars have a very devoted band of followers and can no longer be dismissed as a passing fancy. Indeed after speaking to a number of the big players it is easy to gain the impression that the flavoured, (or aromatic), segment has (along perhaps with filters) been the only one to buck the cigar sector’s trend of falling or stagnant sales in recent years.…

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MAD COW PANEL



BY PHILIP FINE

THE US government has been urged to further tighten safeguards on meat and animal feed by an independent international panel, made up of five scientists from Europe, New Zealand and the United States. It has recommended that the US Department of Agriculture (USDA) test all high-risk cattle, such as those that die on farms or are too ill to walk, and also do random sampling of healthy cattle more than 30 months old.…

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US-CENTRAL AMERICA



BY KEITH NUTHALL
THE UNITED States Trade Representatives Office has been trying to play down the impact a new free trade deal with central American countries will have on US sugar producers. A briefing note however admits widened import quotas will equal 1.2 per cent of US production, rising to 1.7 per cent within 15 years, rising from 99,000 to 140,000 tonnes.…

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US-CENTRAL AMERICA



BY KEITH NUTHALL
THE UNITED States Trade Representatives Office has been trying to play down the impact a new free trade deal with central American countries will have on US sugar producers. A briefing note however admits widened import quotas will equal 1.2 per cent of US production, rising to 1.7 per cent within 15 years, rising from 99,000 to 140,000 tonnes.…

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US-OZ FTA NEW SHOES



BY MATTHEW BRACE, in Brisbane
THE AUSTRALIAN footwear industry is cautious about the new Australia-US Free Trade Agreement. Almost all lines will immediately be tariff-free if the deal is ratified, with 17 products losing tariffs over the next decade. The industry has not yet received the final list of products affected, however.…

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NEW YORK SALES



BY MONICA DOBIE
A US Court of Appeals decision has dealt a serious blow to California wine producers by ruling that the state of New York may ban out-of-state wine producers from selling directly to local residents. The ruling says that New York could require that wineries establish a physical distributor (in the form of a shop or office) before being allowed to ship wine to consumers.…

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DRINKS-MUSIC LINK



BY PHILIP FINE

A NUMBER of major American drinks companies have signed up with

online music operators in a flurry of cross-promotional activity following growing public awareness of the fact that illegal music downloading could run the risk of legal action for consumers.…

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SCRAP METAL



BY MONICA DOBIE
THIEVES looking to cash in on the current high prices of industrial scrap non-ferrous metals have stolen more than CDN$2 million (US$1.49 million) worth of nickel and aluminium in Montreal Canada. Several thousand kilograms of nickel cathodes and roughly 3.6 tonnes of aluminium were carted off in separate night raids in what police have identified as “professional heists”.…

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EXPLORERS BREW



BY PHILIP FINE

A SMALL US brewer, wanting to give off that frontiersman feel, decided to use a famous image of America’s early-19th century explorers Meriwether Lewis and William Clark for an advertising campaign. Kansas City’s Boulevard Brewing Co. chose a 40-year-old logo featuring their silhouettes but rather than pointing a finger west, one of the explorers would now hold a bottle of Boulevard Pale Ale.…

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AIR-TRAFFIC TRIPLING



BY PHILIP FINE

AMERICA should triple its air capacity to adapt to changes in the next 15 to 20 years, says the US Secretary of Transportation Norman Y. Mineta. He said immediate expansions in airport and air traffic control facilities to deal with growing numbers of jet taxis, private jets, airliner traffic and unmanned aerial vehicles.…

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US SPIRITS ADS



BY MONICA DOBIE
AMERICAN spirit producers are toning their marketing muscles these days because of the broader scope for advertising they have enjoyed since the end of a prohibition-hangover induced 50-year self-imposed ban on electronic media advertising.

It has only been since 1996 – when this Seagram defied this moratorium – that distillers have been able to realise this advertising potential.…

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OBESITY FEATURE



BY PHILIP FINE

THERE is a two-word prefix that seems to be coming out of every American food manufacturer’s new-product department: Low-Carb.

The US is fighting an obesity problem. A staggering (in some cases – literally) 64 per cent of the population is overweight and the number of people carrying more than 100 pounds over their ideal weight has quadrupled in the last 20 years to one in every hundred.…

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NUCLEAR ENRICHMENT



BY KEITH NUTHALL
THE EUROPEAN Commission is investigating a proposed deal effectively allying the European Union’s (EU) two companies enriching uranium for the nuclear industry. Brussels fears the purchase by France’s Areva of a 50 per cent stake in the Enrichment Technology Company from German-Dutch-British Urenco could cut competition and raise nuclear fuel prices, given enrichment represents about 35 per cent of fuel production costs and seven per cent for nuclear electricity generally.…

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HAZARDOUS MATERIAL



BY PHILIP FINE

HEAVYWEIGHT cargo specialists, Emery Worldwide Airlines, has been sentenced for violating America’s Hazardous Material Transportation Act. The company admitted that on 12 occasions it failed to provide proper notice to its pilots that they were transporting dangerous goods, including nuclear material.…

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LOW CARB FEATURE



BY PHILIP FINE

MANY key players in the US drinks industry have been trying to crash the low-carb party currently making aspects of the country’s food industry giddy with sales. The drinks producers have seen the statistics: 15 per cent of Americans (32 million people) are now following high-protein reduced-carbohydrate plans such as the Atkins Diet; sales of high protein items like meat, cheese and eggs are up and high carb products like potatoes and pasta are down or stagnant; and over 800 new products that make low-carb claims have been introduced in the last three years.…

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AIRPORTS COUNCIL HEAD



BY PHILIP FINE

PATRICK Graham has been elected chairman of the 2004 Board of Directors of Airports Council International-North America (ACI-NA). Graham, who will oversee a 22-member board, is executive director of the Savannah/Hilton Head International Airport.

ENDS…

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OBESITY COSTS



BY PHILIP FINE

OBESITY is costing America US$75 billion (GBPounds 41.4 billion) a year in medical treatments, a recent study has found. According to researchers at RTI International and the US Centers for Disease Control, the estimated percentage of annual health expenditures in each state attributable to obesity ranges from four per cent in Arizona to 6.7 percent in Alaska.…

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GAP - GREENHOUSE GASES



BY PHILIP FINE

GAP Inc has joined a group of American corporations that have pledged to reduce greenhouse gas emissions. The clothing retailer, which also owns the Banana Republic and Old Navy brands, last month signed on to the US Environmental Protection Agency’s (EPA) Climate Leaders’, a group that now numbers 54.…

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NIGERIA



BY RICHARD HURST
Nigeria is widely regarded as the country as the hub of money-laundering activities in the region, despite having a reasonably comprehensive set of anti-money laundering laws in place. Press and non-governmental organisation reports have highlighted cases where Nigerian banks have been hit by money launderers trying to conceal illicit earnings from corruption, the arms trade, narcotics and the e-mail frauds.…

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OBESE TEENAGERS



BY MONICA DOBIE
THE US Food and Drug Administration (FDA) has approved the use of the obesity drug Xenical for adolescents, the first time a weight loss drug has been allowed to treat children in America, of whom 15 per cent are obese.…

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OBESITY - CONFECTIONARY



BY PHILIP FINE

AMERICA realises it has a collective weight problem. And given that 64 per cent of the US population is overweight or obese and the fastest rising group of overweight Americans is children, the confectionary industry is most certainly in the firing line.…

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COUNTERFEIT DRUGS



BY ALAN OSBORN
SEIZURES of counterfeit pharmaceuticals by customs officers of the 15 EU countries rose “significantly” in 2002 and the trend has continued so far this year, the European Commission has reported. Pharmaceuticals are not identified separately in statistics on pirated goods, but form the largest part of the “other goods” category where seizures have risen from 42 million in 2001 to 59 million in 2002.…

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WEATHER COSTS



BY KEITH NUTHALL
NATURAL disasters cost the world US$60 billion in 2003, up from around US$55 billion the previous year, a Munich Re assessment for the United Nations Environment Programme (UNEP) has claimed. The bulk of this year’s losses were caused by weather-related catastrophes, said UNEP, which is linking them with global warming.…

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KOSHER WINES



BY MONICA DOBIE
ROYAL Wine Corp. based in New Jersey, USA, will open what will be, North America’s largest kosher winery on the west coast. The US$13 million, 73,000-square-foot winery will be built in southern California, and is scheduled to be completed next autumn.…

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CORPORATE GOVERNANCE



BY KEITH NUTHALL
THE ORGANISATION for Economic Cooperation and Development (OECD) has issued a white paper on improving corporate governance in Latin America. Priorities for action included taking voting rights seriously; treating shareholders fairly; and improving financial reporting. * http://www.oecd.org/dataoecd/25/2/18976210.pdf…

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OBESITY FEATURE



BY PHILIP FINE

AMERICA realizes by now that it has a collective weight problem. Newspaper articles have been coming out at an ever increasing rate to remind them that 64 per cent of the population is overweight or obese, that the fastest rising group of overweight Americans is children and that the medical toll obesity exacts is estimated at US$100 billion (GBPounds 59 billion) a year.…

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COTTON GIN



BY PHILIP FINE

WASTE from cotton production is proving to be anything but that in America after initial testing showed it could be successfully recycled. The USA’s Agriculture Research Service and Illinois-based Summit Seed have been testing a dry formulation of cotton gin waste for use as bedding mulch

for landscaping.…

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PECTIN EXTRACTION



BY PHILIP FINE

THE USA could become a major pectin producer after a Penn State University (Pennsylvania) researcher developed a process to extract high-quality pectin from orange peels. The complex carbohydrate, used to thicken jellies and fruit fillings, has been traditionally slow cooked by Europeans using lime peels imported from Mexico and south America.…

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BLUEBERRY RESEARCH



BY PHILIP FINE

THERE is evidence that wild blueberries, native to the USA’s Maine, Atlantic Canada and Quebec, can lower the risks of cardiovascular disease. A University of Maine study is the first using rats to demonstrate a relationship between consumption of whole wild blueberries and calming reactions that can lead to high blood pressure.…

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EU AGENCY - OAS DEAL



BY KEITH NUTHALL
THE EUROPEAN Agency for Safety and Health at Work (EASHW) and the Organisation of American States have struck a deal, leading them to cooperate in the publicising of health and safety best practice that can be applied on both sides of the Atlantic.…

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OBESITY CAMPAIGN



BY PHILIP FINE

IN the changing America of leaner Chicken McNuggets and a fervency to lower

the country’s collective weight, getting told to shape up seems to have

extended to a US government anti-obesity campaign. Last year, the Centers

for Disease Control launched a multi-media advertising blitz aimed at

getting children to become more active, carrying the theme "Verb, it’s what

you do."…

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MONTI - COMPETITION COOPERATION



BY KEITH NUTHALL
EUROPEAN Union competition Commissioner Mario Monti has called for close cooperation between international business regulators such as the European Commission and their opposite numbers in national governments and in north America. Speaking to the World Forum on Energy Regulation, in Rome, Monti said that by combining their efforts, competition authorities would “achieve more than each would be able to achieve on its own.”…

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NAFTA MEETING



BY KEITH NUTHALL
AMERICAN, Canadian and Mexican textile industries may forge alliances with their colleagues in poorer central America to cope with increased worldwide competition resulting from the scrapping of WTO Agreement on Textiles and Clothing import quotas by 2005. The North American Free Trade Agreement (NAFTA) Commission has told its officials to explore the idea, following a meeting in Montreal attended by ministers from the three member countries.…

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BUSHMEAT PETITION



BY KEITH NUTHALL
A KEY European Parliament (EP) committee has called for a significant boost in European Investment Fund spending on actions that suppress the growing illegal trade in bushmeat, which is threatening wild species in Africa, Asia and Latin America.…

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PEPSI MIDDLE EAST FEATURE



BY MARK ROWE
PEPSICO, which is marking 50 years of operations in the Middle East, finds itself at something of a crossroads. An all-American company, in a region where anti-Americanism has rarely been so widespread, it faces several challenges to ensure that it will continue to operate successfully in the Middle East for a further half a century.…

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EU ROUND UP



BY KEITH NUTHALL
EUROPEAN Union (EU) energy ministers have agreed new rules for applying value added tax to cross-border gas supplies that will reduce confusion created by increasing cross-border trading in energy supplies. Now, traders re-selling supplies who are not established in the same country as the supplier will pay VAT through an obligatory reverse charge system.…

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SECURITY CODE COSTS



BY DEIRDRE MASON
WHAT price safety? Ports and shippers racing to comply with an extremely tight deadline to meet the new International Marine Organisation security requirements are still not sure what the final bill will be. However, with the newly added SOLAS (safety of life at sea convention) special measures and the also new International Ship and Port Facility Security (ISPS) code due to come into effect on 1 July 2004, those who are not already well down the line to meeting the requirements will find the costs rising sharply as demand for security services steps up.…

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E COLI VACCINE



BY PHILIP FINE

THERE is strong optimism in north America that an animal vaccine could soon be developed for the deadly strain of E coli bacteria sometimes referred to as hamburger disease. A US-Canada team has found positive results in research studies where vaccinated cattle showed a 59 per cent reduction of E coli O157:H7 in their manure compared with unvaccinated cattle in a University of Nebraska research facility in tests carried out during the summers of 2002 and 2003.…

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TYSON FOOD JOBS



BY PHILIP FINE

WITH profits down and a flooded chicken market, America’s Tyson Foods, the world’s largest meat producer, is planning to sack more than a third of its Arkansas plant workforce. The company says it will be outsourcing the work of the 600 dismissed unionised workers, who mainly removed bones from chicken carcasses.…

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DRINKS INDUSTRY ASSOCIATIONS



BY KEITH NUTHALL in Paris, ALAN OSBORN in London, MARK ROWE in Singapore, ED PETERS and DON GASPER in Hong Kong, RICHARD HURST in Johannesburg, MONICA DOBIE and PHILIP FINE in Montreal, MATTHEW BRACE in Brisbane and ALEX SMAILES in Port of Spain.…

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UN FOREST RESEARCH



KEITH NUTHALL
THE UNITED Nations Economic Commission for Europe (UNECE) has published a comprehensive analysis of the world’s forest products industry and markets. With the UN Food and Agricultural Organisation, it has released Forest Products Annual Market Analysis, 2002-2004. It covers forest products market and policy developments in Europe, north America and the former Soviet Union.…

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LEVIS CLOSURES



BY PHILIP FINE

BLUE jeans-maker Levi Strauss will close its last manufacturing and

finishing plants in north America. The 150-year old company plans to close its sewing and finishing operations in San Antonio, Texas, by the year-end, costing some 800 jobs.…

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SLEEMAN DEAL



BY MONICA DOBIE
CANADA’S Sleeman Breweries Ltd. has announced it is expanding its 2002 agreement with Tokyo-based Sapporo Breweries to include worldwide production of the Japanese beer in its distinctive 650 ml “Silver Can.”

Currently, Ontario-based Sleeman produces Sapporo bottled products for the United States market, where Sapporo remains the number one selling Japanese beer.…

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INTERNATIONAL ORGANISATION ROUND UP



BY KEITH NUTHALL
*A south-south project – backed by World Bank Multilateral Investment Guarantee Agency (MIGA) will raise Burundi’s teledensity ratio above one per cent. It is guaranteeing Mauritius Telecom Ltd’s US$1.01 million investment in Burundi’s Africell GSM mobile network.

*An emerging international market in hosting regional and international headquarters of transnational corporations benefits developing countries, says the United Nations Conference on Trade and Development (UNCTAD); 829 HQs were established or relocated January 2002 to March 2003, nearly a quarter in developing countries.…

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ANGLO-GOLD



BY RICHARD HURST
SOUTH African mining company AngloGold recently announced that it was seeking to divest from some of its Australian gold fields to continue other diversification efforts outside South Africa. AngloGold Australia ‘s general manager, Barrie Parker, said that the company’s current properties in the central Australian Tanami Desert, particularly the Coyote deposit, had been earmarked for sale in to raise money for AngloGold’s recent explorations in Ghana, Mongolia, Canada and South America.…

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USA OBESITY LAWSUITS



BY PHILIP FINE

AN ASSUMPTION has been made by many in the past few months in the international food industry: the unveiling of so many new low-calorie and low-fat alternative food items must have something to do with obesity-related litigation lurking in the US.…

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OLD VERSION



BY KEITH NUTHALL
NON-FERROUS metal producers in the existing 15 European Union (EU) countries could see some lowering of labour costs after enlargement of the EU next year as low-paid Polish and other workers move into the higher wage countries like Germany, according to industry sources.…

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ABERCROMBIE & FITCH



BY PHILIP FINE

ONE of America’s largest clothing retailers is being sued for alleged racial bias

in their hiring practices. Nine young adults, including students and graduates of the University of California and Stanford, have accused Abercrombie & Fitch of discriminating against Latino, Asian American and African American applicants and employees.…

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GENERIC DRUGS - US



BY PHILIP FINE

THE US government wants to limit pharmaceutical manufacturers to a one-month window in which to challenge a generic patent. Washington says multiple, consecutive patent challenges have been costing American billions of dollars in drugs costs. The Bush administration estimates that its planned regulatory changes will save consumers an estimated US$35 billion over 10 years.…

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MOODIES REPORT



BY KEITH NUTHALL
ALTHOUGH air traveller numbers fell last year, with the civil aviation industry still reeling from September 11, the global travel retail market for perfumery and cosmetics grew by 7.2 per cent last year, the strongest performer of all duty-free shop goods.…

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ANNUAL REPORTS



BY PHILIP FINE

ONE of the most public forms of corporate ostentation, the annual report, is dressing down in America. Many US companies are eschewing glossy paper and colour photos, choosing instead to print out sober unadorned messages. The average budget for annual reports dropped from US$209,600 in 1999 to US$184,700 in 2002, according to the USA’s National Investor Relations Institute.…

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OECD REPORT



BY KEITH NUTHALL
AGRICULTURAL economists may disagree, but predicting trends in world food markets is not necessarily rocket science. A dose of healthy common sense can be as good a guide for the future demand for commodities as any amount of slide rules and complex economic equations.…

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INFLATED EARNINGS



BY KEITH NUTHALL
A NEW report on accountancy fraud has found that US companies are so desperate to inflate their earnings they are prepared to pay millions of dollars in tax on this fantasy income. Is this the ultimate example of pure greed trampling over common sense or are such businesses once more ahead of the game?…

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BOLIVIA MINE AID



BY PHILIP FINE

AN AREA of northern Bolivia is to be the focus of an innovative Canadian aid mission designed to offer advice on preventing landslides in communities pock-marked with small mines, notably those for gold prospecting.

Canada will fund a team of scientists to help the community of Chima, a remote gold-mining village that was hit by a deadly landslide last month; the specialists want to ensure that they do not suffer from a repeat the tragedy and to help such communities better deal with such disasters, if they do occur.…

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MILLENNIUM EDUCATION GOALS



BY KEITH NUTHALL
AS with many projects inspired by the start of the next 997 years and the last three, the framing of the United Nations’ (UN) Millennium Development Goals was an ambitious enterprise.

Imposing statistically measurable targets for international organisations and national governments in making improvements in global poverty, education, gender equality, health, the environment and education, they have proved tough to attain.…

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KFC CHICKEN



BY PHILIP FINE

KFC, America’s largest chicken chain, says it will be changing some slaughter practices in order treat its chickens more humanely. The Louisville, Kentucky-based company said that it has adopted eight guidelines for farmers that address breeding, hatching and raising of poultry, including adequate growth space and routine inspections of facilities.…

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SPAIN - COPYRIGHT



BY KEITH NUTHALL
THE SPANISH government has agreed to cooperate with the World Intellectual Property Organisation (WIPO) to fight breaches of copyright, especially in digital publishing. A joint memorandum of understanding committed both sides to cooperate over training, publicity campaigns and information exchanges.…

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NUCLEAR ENERGY SECURITY



BY DEIRDRE MASON, ALAN OSBORN, PHILIP FINE and KEITH NUTHALL

IF there had been feelings bubbling under the surface of the British civil nuclear industry that the regulations governing its security were due for an overhaul, the events of September 11, 2001 – becoming universally known by its American shorthand 9/11 – certainly brought everybody to the table.…

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USA CIGAR FEATURE



BY ALAN OSBORN
A LOT of people are saying that cigar smoking may be in serious long-term decline given the way things are going in America. World Tobacco is inclined to treat the figures a little more cautiously. It is true there has almost certainly been a sharp drop in American consumption in recent years but, as Chris Boon, the premium cigar manager at British American Tobacco, points out, there are no true figures: “you draw own conclusions and arrive at an estimate.”…

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USA FEATURE



BY PHILIP FINE

THE EXTRAORDINARY efforts by the American government to thwart terrorist financing have been leaning heavily on the USA’s financial services industry,

which continues to bear the brunt of the new anti-money laundering legislation.

Noone was surprised that the US government set its sights on the banks when it enacted legislation to make it more difficult for criminals to launder their illicit money or for terrorists to soil their clean money.…

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MOULD CLAIMS



BY PHILIP FINE

AMERICA is experiencing a rash of mould-related lawsuits. Recent cases have included a US$14 million judgment in Florida against a contractor for alleged toxic mould-related construction defects at a courthouse and a US$65 million lawsuit against a New York community college by one of its former employees for injuries and damages allegedly caused by mould exposure.…

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OCCIDENTAL PETROLEUM



BY PHILIP FINE

OCCIDENTAL Petroleum has boosted its reserves, a sign – say analysts – that the California-based oil and natural gas producer could have higher production rates in the next few years. The company, which drills primarily in the Middle East and Latin America, added the equivalent of 263 million barrels of oil to its inventory last year, giving it more than 12 years’ worth of production from its current reserves.…

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DEVON ENERGY CORP



BY MONICA DOBIE
THE USA’S Devon Energy Corp. has announced that it will buy Ocean Energy Corp. for US$3.5 billion in stock, to create the largest America-based independent oil and gas production company. Oklahoma-based Devon, which took over Anderson Exploration of Calgary in 2001 for a hefty US$4.6 billion and Northstar Energy, also of Calgary, in 1998, will assume US$1.8 billion of Houston-based Ocean’s debt.…

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AUSTRALIA/NZ/PACIFIC



BY MATTHEW BRACE
WITH Australia sharing the front-line in President Bush’s war against terrorism with Britain and the USA, and also having witnessed its citizens dying in last year’s Bali nightclub terror attack, it is maybe not surprising that it has been tightening its money laundering legislation, especially as regards terrorists.…

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BANANA FAO



BY KEITH NUTHALL
THE UN Food and Agricultural Organisation has urged banana producers to vary the varieties they produce to defend against disease, notably the Panama Disease, which has been hitting Cavendish bananas, mostly sold in Europe and north America.…

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NUCLEAR SECURITY



BY MARK ROWE and ALAN OSBORN, in London, PHILIP FINE and MONICA DOBIE, in Montreal, and RICHARD HURST, in Johannesburg

RATCHETING up security has been a prime concern of the nuclear industry since the September 11 attacks, with all countries possessing commercial reactors addressing the issue to some extent.…

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USA MARITIME SECURITY ACT



BY PHILIP FINE

AMERICAN President George W Bush has still not let it be known how his administration will fund a seminal sea safety bill that recently came into law. Earlier this month (February), Bush unveiled his 2004 budget request and, oddly, offered no money for the provisions of The Maritime Security Act of 2002, which requires

detailed port security plans, more screening of cargo, upgraded navigational equipment and an increase in off-shore surveillance to 12 miles from three,.…

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BEEF INNOVATION



BY PHILIP FINE

A NEW "R & D Ranch" has introduced 1,100 new value-added beef products to the US market from 1999 to 2001, according to America’s National Cattlemen’s Beef Association, which set it up. Experts working for this body (formal name: New Product Development Team) help create new products that will drive demand for beef.…

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INTANGIBLE HERITAGE



BY MARK ROWE
A SONG or customs passed down through generations by an aboriginal tribe can reveal as much about that society as a physical artefact such as their traditional clothing or funerary urns. But while these last two items can be preserved for posterity easily enough, the challenge to retain more intangible objects such as a musical story is far greater.…

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UKRAINE ENERGY DRINK



BY PHILIP FINE

COCA-COLA is continuing the global rollout of its energy drink Burn, introducing the product in Ukraine. The drink has been targeted to clubbers, athletes and even dozy workers but the main distribution point in Ukraine is the local discos.…

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US INSURANCE



BY PHILIP FINE

Skyrocketing claims and a proposed new bill trying to make its way to the

US senate have put the issue of mould on the minds of American insurance

companies.

Several high-dollar claims have been going through

the US courts.…

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CHILE - USA



BY KEITH NUTHALL
THE GROCERY Manufacturers of America group has applauded a new trade agreement between the United States and Chile. The GMA says the pact will spur freer trade of processed food to south America, and singles out the agreement’s proposed reductions in tariffs for such items as breakfast cereals, pasta and french fries.…

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NATIONAL FRAUDS FEATURE



BY MATTHEW BRACE, in Brisbane, EDWARD PETERS, in Hong Kong, RICHARD HURST, in Johannesburg, MARK ROWE, in London, SWINEETHA DIAS WICKRAMANAYAKA, in Columbo and MONICA DOBIE, in Montreal.
FRAUD is fraud, jurists might say. And although jurisprudence generally has a universal flavour and there are frauds that are committed the world over, it would be a travesty of the truth to say that crimes involving deception uniform by nature.…

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FISH FEATURE



BY ALAN OSBORN and MARK ROWE, in London, MONICA DOBIE and PHILIP FINE in Montreal, MATTHEW BRACE in Brisbane, and RICHARD HURST in Johannesburg

Introduction

Europe

Cuts to EU catch quotas

New sources of fish

Affect on fish producers

Wild alternatives to cod

Farmed cod

North America

USA – Healthier local stocks

USA – Demand up

USA – Fish imports

Canada – Farmed fish exports

Canada – GM issues

Australasia

Australia – New wild sources

Australia – Aquaculture

Australia – Wild fish innovation

Australia and New Zealand – sustainability

South Africa – Export increase and conservation

Japan – Local and regional supply

Japan – Maintaining quality

Japan – Non-Asian sources

Introduction

ONCE it was said, cod was so abundant that fishermen in some parts of the world boasted they could walk on the backs of the fish to find their catch.…

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CONGO REPORT



BY KEITH NUTHALL
IT is rare that an international organisation report on a scandal involving crime, corruption, war and environmental degradation names and shames high profile companies, but that is what is contained within the latest United Nations (UN) Security Council report on the Congo.…

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MINING PROBE



BY MATTHEW BRACE
A NUCLEAR probe developed by Australia’s national science authority CSIRO could cut acid rain rates, claims its inventors. It can detect the sulphur content of coal underground, allowing miners to choose seams with low concentrations of this pollutant.…

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SHIP SECURITY CODE



BY KEITH NUTHALL, PHILIP FINE and ALAN OSBORN

THE NEW International Code for the Security of Ships and Port Facilities, agreed by an International Maritime Organisation (IMO) Diplomatic Conference, held in London, aims at reducing the industry’s exposure to terrorist attacks and resulting damage.…

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BULLET RESISTANT



BY PHILIP FINE

FOUR members of America’s Union of Needletrades, Industrial, and Textile Employees, including its president, Bruce Raynor, are being sued by a bullet-resistant vest manufacturer for allegedly defaming the quality of their protective textiles. Florida-based Point Blank says the four knowingly lied to media, police and retailers about subcontracting operations, claiming they negatively affecting vest quality.…

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AUSTRALIA - US TRADE DEAL



BY PHILIP FINE

AMERICA’S National Milk Producers Federation has come out against a

recently-announced free trade agreement between Australia and the United

States. Next February, the two governments will be entering trade negotiations, with the goal of completing a bilateral free trade pact by 2004.…

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NUCLEAR PROBE



BY MATTHEW BRACE
A NUCLEAR probe developed by Australia’s national science authority, CSIRO, could be used in the promotion and marketing of low sulphur coal, claims its inventors. The quipment can measure the sulphur content of coal underground, allowing miners to choose seams with less sulphur.…

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NAPPY RECYCLING



BY MONICA DOBIE
THE CITY of Santa Clarita, California, has launched America’s first nappy recycling programme which will pick up nappies from 500 families in special plastic bags. The recovered material will help make non-food packaging and products including wallpaper, oil filters, and shoe insoles.…

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NUCLEAR PROBE



BY MATTHEW BRACE, in Brisbane, Australia
A NUCLEAR probe developed in Australia for minerals exploration and mining has the potential to reduce rates of acid rain and other environmental pollution, its developers claim.

The device, designed by Australia’s chief science authority CSIRO, can detect the concentrations of sulphur in coal seams and mine waste rock underground, allowing miners to choose those with lower levels and leave the higher sulphur coals embedded.…

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EU EMISSIONS TRADING GREENWATCH



BY ALAN OSBORN
IT’S now official. Following agreement this week by its environment ministers, the European Union (EU) is to set up a market to trade pollution permits for carbon dioxide (CO2), the main so-called greenhouse gas, starting in 2005.

The European Commission is delighted, business is pleased, and while not all environmentalists are overjoyed, the balance of opinion among them is clearly favourable.…

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US REPORT



BY PHILIP FINE

A REPORT from a US federal government advisory body has signalled a move away from the standard American transport philosophy that building more roads is a cure for congestion. The National Academies’ Transportation Research Board has called instead for the US to better exploit its existing road and rail networks.…

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COUNTERFEIT SOFTDRINKS



BY ALAN OSBORN, in London, PHILIP FINE, in Montreal, and MATTHEW BRACE, in Sydney

WITH a new crackdown on counterfeiting being prepared by the

European Commission, some industry watchers will be surprised to hear that soft drinks is one the sectors that Brussels thinks needs close attention.…

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MAGNETIC FRIDGES



BY PHILIP FINE

US researchers are celebrating an important advance in developing a viable magnetic refrigerator. The scientists have improved upon the key ingredient to a process that uses no ozone-depleting refrigerants or energy-consuming compressors. They have been working with an alloy metal called gadolinium, which heats up when exposed to a magnetic field, then cools down when the magnetic field is removed.…

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AIR TRAFFIC



BY PHILIP FINE, in Montreal, Canada

THE EFFECTS of September 11 have left their mark on the relationship between air traffic control national service providers (ANSPs) and their customers. The economic fall-out from the terrorist attacks now defines much of the dialogue between ANSPs, airlines and airports.…

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CITES CRIME



BY KEITH NUTHALL
THE SECRETARIAT for the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) has released a report advising nurseries and customs officers about the world’s illegal trade in wild rare plants.

Said the CITES report: “This illegal trade can involve trade without documents and documents issued for different specimens and, very frequently, can involve fraudulent claims of artificial propagation that can be difficult for the non-specialist to detect.”…

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INTERNATIONAL ORGANISATION ROUND UP



BY KEITH NUTHALL
THE WORLD Trade Organisation has inaugurated new training facilities for developing country trade officials, a result of the Doha summit that led to the current so-called development trade round. There, governments agreed that officials from poorer countries needed assistance in grappling with complicated trade law talks, so they could play a full part in negotiations.…

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ASIA-PACIFIC ATC



BY MATTHEW BRACE
WHEN IATA’s Director General and CEO, Pierre J Jeanniot, spoke at the opening of his organisation’s 58th AGM and the World Air Transport Summit in Shanghai on June 3, 2002, he lamented the industry’s losses of US$12 billion the previous year.…

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CONGO REPORT



BY KEITH NUTHALL
FINANCIAL restrictions should be imposed on companies, businessmen, ministers and soldiers charged with involvement in the shameless plundering of the mineral resources of the Democratic Republic of the Congo (DRC), a United Nations (UN) committee established to investigate the problem has concluded.…

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ALIEN SPECIES



BY KEITH NUTHALL AND MONICA DOBIE
THE EUROPEAN Commission is to tighten rules on ballast management for international shipping to prevent the transport and release of alien species that can deplete the stocks of native species through natural competition.

In a broad strategy to boost the marine environment, Brussels warned that Baltic fisheries were particularly vulnerable to the introduction of alien species, given the sea’s low natural biodiversity.…

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ALIEN SPECIES



BY KEITH NUTHALL AND MONICA DOBIE
THE EUROPEAN Commission is to tighten rules on ballast management for international shipping to prevent the transport and release of alien species that can deplete the stocks of native species through natural competition.

In a broad strategy to boost the marine environment, Brussels warned that Baltic fisheries were particularly vulnerable to the introduction of alien species, given the sea’s low natural biodiversity.…

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CAPE BRETON MALT



BY MONICA DOBIE, in Montreal
NORTH America’s only single malt whisky producer, the Glenora Distillery, in Nova Scotia’s Cape Breton Island is using its “first and only” status to sell Glen Breton Rare Canadian whisky at high prices.

The distillery which maintains authentic Scottish traditions by using imported Scotch barley, and Scottish-made copper casks, released 1,000 cases of its first release of whisky in 2000 retailing for CAN$75.…

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MID-TERM CAP REVIEW



BY KEITH NUTHALL
FRANZ Fischler has given himself a tough job; trying to persuade dairy farmers it is time to expose themselves to unfettered world markets when prices are at rock bottom, while facing hostility to further CAP reform from some European Union governments, notably France.…

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AIR CAR



BY JONATHAN THOMSON
BRITISH investors have been given the opportunity to help produce the world’s first air powered car.

French inventor Guy Nègre and his company Moteur Development International (MDI) unveiled their concept to industry and Government officials in September (20th), hopeful of establishing manufacturing units in the UK.…

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ILLEGAL PLANT TRADE



BY KEITH NUTHALL
THE RICHES that can be made from the illegal ivory trade are well known, but what of illicit imports and exports of rare flowers. Shipping protected orchids to Europe, Japan and north America can make criminals a lot of money.…

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IP THEFT SURVEY



BY MATTHEW WELLS
A NEW survey of business leaders in the United States carried out by the security professionals’ organisation ASIS International, PricewaterhouseCoopers, and the US Chamber of Commerce has indicated that around US$59 billion dollars-worth of intellectual property and information were stolen in America over the year to last June.…

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PWC INTERNET SURVEY



BY MATT WELLS, in New York
A NEW survey of business leaders in the United States carried out by the security professionals’ organisation ASIS International, PricewaterhouseCoopers, and the US Chamber of Commerce has indicated that around US$59 billion dollars-worth of intellectual property and information were stolen in America over the year to last June.…

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AUTOMAKERS



BY PHILIP FINE

US automakers have hit a setback in their attempt to stave off soaring

legal

costs over thousands of asbestos-related lawsuits.

An appeals court in Philadelphia has thrown

out a request by several companies to be named as ‘related parties’

in the bankruptcy of auto-parts maker Federal-Mogul Global Inc.…

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SOUTH-EAST ASIA



BY MARK ROWE
MONEY launderers looking to process their criminal gains look favourably upon south-east Asia. Authorities in the region are under-funded and overworked, while cash-transactions are a cultural norm, making it easy to ensure that money you would prefer not to be traced can simply disappear, with little likelihood that anyone will have the time to investigate the transaction.…

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NESTLE AND DREYER



BY MONICA DOBIE
Nestlé SA and Dreyer’s Ice Cream Inc. have agreed on a merger deal that will eventually see Nestlé owning Dreyer’s entirely. Under the agreement, Nestlé will merge its US ice cream business into Dreyer’s brand, the best selling packaged ice cream in America.…

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BEN & JERRY'S FEATURE



BY MONICA DOBIE
THE AVERAGE consumer that tucks into a pint of Ben & Jerry’s Cherry Garcia or Chunky Monkey has no idea that this supposedly quaint, hippy-dippy company that started out of an old garage in the beautiful landscape of America’s Vermont Green Mountains, is really owned by the nemesis of such small companies – a faceless multinational – in this case, Unilever.…

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OBESITY ACT



BY PHILIP FINE

THE US Senate has introduced legislation to reduce obesity, particularly among American children and adolescents. If passed, the US$215 million Improved Nutrition and Physical Activity Act would take on the ‘significant problems associated with obesity,’ mostly by funding measures to encourage better nutrition and more physical activity; this includes federal funding for research and information campaigns.…

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BEN & JERRY'S FEATURE



BY MONICA DOBIE
THE AVERAGE consumer that tucks into a pint of Ben & Jerry’s Cherry Garcia or Chunky Monkey has no idea that this supposedly quaint, hippy-dippy company that started out of an old garage in the beautiful landscape of America’s Vermont Green Mountains, is really owned by the nemesis of such small companies – a faceless multinational – in this case, Unilever.…

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GENERAL PUBLISHING



BY MONICA DOBIE, in Montreal, and ALAN OSBORN, in London
CANADIAN publishers may have to pay the insolvent General Publishing up front to have their books moved from its warehouse floor, even though many publishers have not received payment from General since last autumn.…

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US FARM BILL



BY KEITH NUTHALL, ALAN OSBORN, MONICA DOBIE AND PHILIP FINE

IF there is one striking characteristic about Washington’s Bush Administration, it must be its almost unprecedented ability to infuriate the entire world with its unilateralism, especially its self-serving trade policies.

For years, the US government has actually played Mary Poppins on food production subsidies, claiming that its handouts do not encourage farmers to overproduce when prices are low.…

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ALASKA GAS



BY MONICA DOBIE
CANADIAN oil companies have criticised a recently passed bill in the US Senate that would set a floor price for Alaska gas, which could spark a trade dispute between Canada and America. Ron Brenneman, CEO of Petro Canada said: “… that represents a form of subsidy for gas from one particular source in north America.…

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LEAF DIRECTOR



BY ALAN OSBORN
CIGARETTES have changed a great deal in recent years though not all smokers may realise by just how much. Once it was commonplace to roll your own, using local tobaccos. Today the market is dominated by filters and international brands, many of them ranking among the world’s best-known consumer products.…

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US CAR RECYCLING SIDE BAR



BY PHILIP FINE

DESPITE 10.5 million vehicles reaching the end of their useful lives each year in the United States, the country has enacted no federal laws concerning car recycling. There have, however, been new binding rules emerging at state level.…

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ETHANOL - EPA



BY PHILIP FINE

AMERICA’S Environmental Protection Agency says that US ethanol producers may be violating the country’s Clean Air Act. In a letter to the industry, the EPA said "most, if not all" US ethanol producing plants are releasing volatile organic compounds into the air.…

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LUCKY STRIKE



BY MARK ROWE
THE BEST selling international brand, Lucky Strike, launched in 1871, is older than BAT and its eye-catching bull’s eye remains one of the oldest trademarks in the world. It is sold in some 90 countries and is BAT’s premier global brand for the key ASU30 segment of the market, particularly with urban smokers.…

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ILLEGAL IMMIGRANTS



Keith Nuthall
A EUROPOL-led crackdown on illegal immigration through international airports in Europe has netted 410 migrants trying to illegally enter the EU. Those arrested in the one-day swoop were mainly from China, South America and Africa. More than a quarter were detected at Paris airports; other important entry points were airports in Madrid and Dublin.…

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KENT



BY MARK ROWE
LAUNCHED in America in 1954, Kent is now sold in more than 70 countries and remains the pioneer of the micronite filter. BAT’s premier free-standing lights brand has been earmarked to add competency to BAT’s portfolio in the premium, lights and Adult Smokers Under the Age of 30 (ASU30) segment of the market.…

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GLOBAL POLL



Keith Nuthall
A WORLDWIDE poll of 1,000 business experts has revealed overwhelming global support for the idea of agreeing uniform international accounting principles. The survey, staged by the International Chamber of Commerce and the Munich-based Ifo Institute, revealed that the experts generally considered uniform principles were either “very important,” (51per cent), or “important,” (46 per cent), for achieving higher standards.…

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THAILAND STAR



BY KEITH NUTHALL
THE WORLD Bank’s International Finance Corporation has agreed to reschedule US$204 million of its loans to Star Petroleum Refining Company Limited, Thailand, which is 64 per cent owned by Chevron-Texaco. The Thai company’s overall debt is US$549 million.…

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SUDAMERICANA LOAN



BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank has announced that it is investing US$100 million in Coumbian insurance and finance company the Suramericana Group; the investment is one of the most comprehensive projects ever undertaken by the IFC in Latin America.…

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US FARM BILL



BY KEITH NUTHALL
FOR years, the US government has played Mary Poppins on agricultural subsidies, claiming that its handouts do not encourage farmers to overproduce when prices are low. Now it is not really trying to pretend.

The mask has not just slipped, it has been casually pulled off and tossed aside.…

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LOW COST AIRLINES



BY PHILIP FINE, in Montreal

LOW-FARE airlines are gaining a greater presence in north America, but according to the President and CEO of The American Society of Travel Agents (ASTA) they still have along way to go before taking on the major airlines.…

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ISLAMIC FINANCE



BY MARK ROWE
THE INTERNATIONAL Monetary Fund is to help set up an Islamic Financial Services Board to regulate and lay down standards for financial transactions throughout the Islamic world. A key aim of the project is to incorporate the special insurance tenets that exist in the Islamic business world into the wider capitalist system.…

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DEFAMATION AUSTRALIA



BY MATTHEW BRACE
SYDNEY is the “defamation capital of the English-speaking world” according to a British legal expert working in Australia’s largest city. Based on his research, figures show that one writ is served for every 79,000 people in the state of New South Wales; a higher rate than England, (one writ per 121,000 people), and much higher than the United States, where the proportion us one writ per 2.3 million people.…

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ILO REPORT



BY KEITH NUTHALL
INSURANCE companies are being unnecessarily exposed to risk through employment accident policies because of the estimated two million workers who die annually through job-related accidents or diseases, eighty per cent of which are preventable, the International Labour Organisation has claimed.…

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UKRAINE



BY KEITH NUTHALL
MOVES are underway to restructure the Ukraine’s airline industry, with the European Bank for Reconstruction and Development planning to fund consultants who would advise the country’s two main commercial players on how they could successfully merge their services.…

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US FARM BILL



BY KEITH NUTHALL
THE UNITED States Farm Bill, which has passed through the US Congress, will not only potentially depress meat prices by boosting subsidies to American farmers, but also introduce mandatory rules of origin for meat products for the first time.…

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WTO ROUND CONFERENCE



BY MARK ROWE
IT may have taken riots in Seattle and Genoa but the World Trade Organisation has finally come out all compassionate. The theory is simple. Most of the world’s poor are in developing nations. Many of those in greatest poverty are farmers.…

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SYNGAS



BY PHILIP FINE

AMERICA’S Environmental Protection Agency is looking to add certain waste materials, now classified as hazardous, to their programme promoting alternative fuels.

The EPA is trying to expand the country’s use of gasification, a process that puts materials under high temperatures to convert them into synthetic gas.…

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IRS REFORM



BY PHILIP FINE

AMERICA’S National Automobile Dealers Association is applauding a ruling by the country’s Internal Revenue Service that will allow car and truck dealers to use replacement cost to evaluate their year-end parts inventory.

"This is a huge victory for dealers," said Bill Newman, NADA’s chief operating officer of Public and Legal Affairs, who said his organisation had spent eight years lobbying the IRS for the time and money-saving change.…

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EU-LATIN AMERICA



BY KEITH NUTHALL
AN AGREEMENT supporting research into new technologies for food distribution has been signed by the EU, Argentina, Chile, Cuba, Mexico, the Dominican Republic and Venezuela.…

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BOTOX



BY PHILIP FINE

BOTOX can now be sold as a temporary wrinkle remover in America, after the popular injection received approval as a cosmetic by the US Food and Drug Administration. The product, which short-circuits electrical messages from the brain to facial nerve endings, is derived from a purified form of the toxin that causes botulism.…

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US SECURITY



BY PHILIP FINE

THE COST of improving America’s post-September 11 airport security may top US$6 billion, more than triple what has been budgeted. The Bush administration will ask Congress for an additional US$4.4 billion for the new Transportation Security Administration, created after 9-11, citing greater manpower needs, more expensive bomb detection equipment at airports and other factors.…

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CONTRACT PRODUCTION



BY ALAN OSBORN
IN an interesting recent analysis of the problems facing livestock and other food producers in Europe, the European Union agriculture commissioner Franz Fischler suggested that one way forward could be through contract farming.

Instead of producing in the traditional way for the open market, he said, producers might consider linking with retail groups or the meat processing industry and delivering precisely what was needed in terms of both quality and quantity.…

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ALBERTA MERGER



BY MONICA DOBIE
SHAREHOLDERS of Alberta Energy Co. (AEC) and the PanCanadian Energy Corporation have voted overwhelmingly to merge the two Alberta-based companies to form EnCana Corp, which the companies say will be the largest independent energy producer in north America.…

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MAPLE SYRUP



BY MONICA DOBIE
ASK most people what they do with maple syrup and the majority will reply they use it to drizzle over pancakes in the morning. Maple syrup producers in Quebec, the world’s leading producer of the sweet treat, are trying to change that.…

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FINGERPRINT SCANNING



BY MONICA DOBIE
AMERICA’S Washington and Oregon state-based Thrift Way supermarket chain is to introduce fingerprint scanning to authorise payments, speeding up checkout queues. The new biometric technology is also designed to prevent credit card fraud. Readers on credit-card machines at checkouts check customers’ fingerprints and send encrypted data to data centres operated by Indivos, the company providing the service.…

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MINERAL WATER FEATURE



BY DEIRDRE MASON
THE USA dominates the world’s soft-drinks markets with its Coca Cola, Pepsi and affiliated brands, so can the big players in the European bottled mineral water industry achieve a similar success with brands such as Evian, Volvic and Perrier?…

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CORRUGATION DEAL



BY PHILIP FINE

US and European corrugated container industries have announced a harmonisation of their two standards. America’s Fibre Box Association (FBA) and the European Federation of Corrugated Board Manufacturers (FEFCO) have developed a standard called the Corrugated Common Footprint. It was developed so that box makers could provide trays that perform well throughout the supply chain.…

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CENTRAL AMERICA



Keith Nuthall
CENTRAL American coffee producers are to receive aid worth US$ millions from the Inter-American Development Bank and the World Bank, who have agreed to re-allocate money from rural development budgets worth US$500 million, at the request of local governments, to help coffee-producing areas.…

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CENTRAL AMERICA



Keith Nuthall
CENTRAL American coffee producers are to receive aid worth US$ millions from the Inter-American Development Bank and the World Bank, who have agreed to re-allocate money from rural development budgets worth US$500 million, at the request of local governments, to help coffee-producing areas.…

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KENTUCKY MINE



BY PHILIP FINE

A MINE operation in Kentucky that saw a major slurry spill in the autumn of 2000 failed to properly follow a plan that had been implemented after a disaster six years earlier, according to a recently released report.…

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US RESERVES



BY PHILIP FINE

THE US Departments of Energy and the Interior are joining forces to use oil from federally leased land in the Gulf of Mexico for America’s Strategic Petroleum Reserve, an emergency crude oil stockpile. Equiva Trading Co. of Houston won the contract to supply additional oil, upping the reserve by 18.6 million barrels.…

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SOBER YOUNGSTERS



BY PHILIP FINE

AFTER pressure from the licensed beverage industry, America’s National Center on Addiction and Substance Abuse (CASA) has admitted it overestimated its figures on underage drinkers. CASA had released a report stating that underage people drink 25 percent of the beverage alcohol consumed in the United States.…

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BIOTECH THINK PIECE



BY DEIRDRE MASON
THE EUROPEAN Commission’s new proposals for a comprehensive policy on biotechnology wobble precariously on a political and economic tightrope. Launched in January this year with the aim of provoking serious discussion throughout 2002, this action plan faces the nutcracker pressure of a Europe about to expand rapidly to take on countries with agriculture in varying states, and an America that is striding ahead, gobbling up the world markets for genetically altered or developed crops.…

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DRUG ACCESS ORGANISATION



BY KEITH NUTHALL
AN INTERNATIONAL organisation is to be set up later this year to help developing country governments negotiate better deals for drug access, as well as helping local researchers to protect their ideas from being poached. The MIHR, (Management of Intellectual property in Health Research and development), will be set up by public health and intellectual property experts from Britain and the Netherlands, with the assistance of experts from Asia, Africa, south America and north America.…

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WTO US EU



BY KEITH NUTHALL
TALKS were held this week between the USA and the European Union (Feb 13) in Washington DC over the threat of safeguard duties that the Bush administration is threatening to impose on certain steel imports into America. Unusually in a case where the EU is a complainant, the US suggested the formal talks; while accepting the offer in a note to the World Trade Organisation, Brussels said that it also wanted a further round of talks, quoting WTO safeguard rules requiring “adequate opportunity for prior consultation on the measure that the United States is seeking to apply.”…

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WTO US EU



BY KEITH NUTHALL
THE UNITED States has released details of the talks held with the European Union over its threatened safeguard duties on certain steel imports into America. Washington said that it had responded to questions about the US International Trade Commission’s timeframe for identifying and defining like products; the establishment of a causal link between increased imports and serious injury to US producers; and the methodology for selecting a safeguard measure, among other issues.…

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NURSING HOMES



BY PHILIP FINE

NURSING homes in America’s south have seen their insurance liability rates pushed so high by "predatory" negligence claims and rise so high that many are being forced to take drastic measures.

Florida, a highly litigious and demographically older state, is now bereft of any state-residing insurers able to write long-term care liability insurance.…

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MITSUBISHI



BY MONICA DOBIE, in Montreal
MITSUBISHI Motor Sales of Canada has announced it will move its operations into Canada in September, six months ahead of scheduled date. Greg O’Neill, executive vice president and general manager of Mitsubishi Motor Sales of America Inc.…

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INDIA V USA



KEITH NUTHALL
INDIA has triggered the first stage of World Trade Organisation disputes proceedings in a bid to force the United States to abolish changes made to its rules of origin legislation, that New Delhi claims favour the American and European Union textile industries.…

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CANADA - FAR EAST



BY MONICA DOBIE
CANADA’S beef export industry is pursuing Asia as a potential market, in order to loosen its dependence on the United States.

Marketing managers are looking to exploit a new niche; western-style steak houses that started becoming popular in Taiwan three years ago, and are now spreading throughout the far east.…

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AFRICAN QUOTAS



BY RICHARD HURST
USA President George W. Bush has approved 35 African countries as eligible for tariff preferences regarding clothing and textile exports to America under the African Growth and Opportunity Act (AGOA), with Zimbabwe and Gambia being notable sub-Saharan African pariahs from the move.…

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PHYTOSANITARY DEAL



BY KEITH NUTHALL
WHAT could be more straightforward or fairer, you might think, than the European Union’s veterinary and phytosanitary agreements with non-member countries?

The idea is that each party pledges that the food it exports to the other – be it derived from animals or plants – meets the requirements of its own food safety legislation and that this is then taken on trust by the receiving country.…

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CAT LITTER MINE



BY KATE REW
OPPONENTS of America’s largest cat litter mining project in northern Nevada will learn this week whether the production company Oil-Dri will be given a ‘special use permit,’ which gives it the right to process the mineral at the mine site.…

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ECO-CRIME REPORT



BY KEITH NUTHALL
THE TRAFFICKING of endangered species, and other environmental crimes such as smuggling pollutants, is a billion dollar business says the Milan-based United Nations Interregional Crime and Justice Research Institute, (UNICRI), which has published a study on these modern scourges.…

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UNDERSEA TREASURES



BY KEITH NUTHALL
THE AGREEMENT of a Convention on the Protection of the Underwater Cultural Heritage by the United Nations Educational, Scientific and Cultural Organisation, (UNESCO), may not help museums gain access to treasures from shipwrecks and sunken buildings, specialists in the UK have claimed.…

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EL PASO PIPELINE



BY MONICA DOBIE
THE EL Paso Corporation, of Texas, is making preparations to begin work on the Blue Atlantic Transmission System, a pipeline project designed to transport new natural gas supplies off the coast of Canada’s Nova Scotia to eastern and the north-eastern regions of the USA.…

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BRAZIL



BY KEITH NUTHALL
THE EUROPEAN Investment Bank is lending Euro 58 million, (US$50 million), to Vega do Sul S.A., to build a cold-rolling and hot-dip galvanizing plant in São Fernando do Sul, in the state of Santa Catarina, in southern Brazil.…

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GUINNESS ALCOPOPS



BY MONICA DOBIE
GUINNESS UDV has signaled optimism about the future of “party drinks” such as alcopops amidst the gloom of the war against terrorism, by buying a major Pennsylvania brewery operated by Pabst Brewing to expand production of Smirnoff Ice malt beverage.…

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INTELLIKEY REVIEW



BY ALAN OSBORN
YOU might not think it to look at them, but behind the heavy wrought iron Victorian doorlocks in the Houses of Parliament is what claims to be the world’s most advanced electronic access control system. This is the American-made Intellikey, sold in the UK and Europe by the company’s Milton Keynes-based subsidiary.…

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CAT LITTER MINE



BY KATE REW
OPPONENTS of America’s largest cat litter mining project in northern Nevada have persuaded the local planning commission to refuse the production company Oil-Dri a ‘special use permit,’ which gives it the right to process the mineral at the mine site.…

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ROBOT SURVEY



BY KEITH NUTHALL
THE BOOM in the robot market that continued through the 1990’s into last year has hit the skids in north America, where demand plummeted by 28 per cent in the half-year to June. However, the United Nations Economic Commission for Europe and International Federation of Robotics says that in Europe, the market is still expanding, with sales rising by 11 per cent in the first six months of 2001.…

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OPEN SKIES



BY KEITH NUTHALL
FRANCE has been added to a European Commission blacklist of Member States who have concluded so-called ‘Open Skies’ agreements with the United States, which grants relevant national airlines additional landing writes in America. Brussels opposes the deals, because they discriminate against carriers from EU countries which have not made similar agreements and also because they help US airlines compete with those based in Europe: the deals allow planes to fly onto a third country, a mixed blessing for EU carriers flying to the US, given its size.…

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READERS DIGEST



BY MONICA DOBIE
AMERICA’S Readers Digest Association Inc. showed a significant loss of US 1.1 million or a penny a share for the quarter ended September 30, 2001, compared with a net income at US $22.3 million or 21 cents a share for the same period last year.…

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MARY KAY



BY MONICA DOBIE
COSMETICS group founder, Mary Kay Ash has died in Dallas, aged 83. Famous for her company’s recognisable pink Cadillacs, her products were sold by 400,000 women, making the company America’s second largest direct mail cosmetics business.…

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KYOTO LATEST



BY ALAN OSBORN
DESPITE its rejection by America, the Kyoto Protocol to reduce greenhouse gas emissions has now been agreed and is set to move towards ratification and implementation within two years. Ministers from 180 countries reached a compromise deal over the treaty after lengthy negotiations in Marrakesh, Morocco at the week-end (finished on Saturday 10th).…

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KYOTO LATEST



BY ALAN OSBORN
DESPITE its rejection by America, the Kyoto Protocol to reduce greenhouse gas emissions has now been agreed and is set to move towards ratification and implementation within two years. Ministers from 180 countries reached a compromise deal over the treaty after lengthy negotiations in Marrakesh, Morocco at the week-end (finished on Saturday 10th).…

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WTO REPORT



BY KEITH NUTHALL
A GLOOMY report from the World Trade Organisation has concluded that the growth in global commerce has fallen steeply and is now expected to reach just two per cent, compared with much healthier estimates at the start of the year and a 12 per cent boom in the year 2000.…

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TERROR CHOCOLATE



BY KEITH NUTHALL
CHOCOLATE sales have been buoyed in north America following the terror attacks in the United States and the deepening recession says John Rowsome, President of the Confectionery Manufacturers of Canada. Speaking to the Toronto Globe and Mail he said: “Candy sales are exceedingly buoyant.…

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OECD REPORT



BY KEITH NUTHALL
HEALTH experts have been discussing a report from the Organisation for Economic Cooperation and Development, (OECD), which has shown Britain performs poorly against its competitors in western Europe and north America, regarding the number of nurses employed per head of population in the late 1990’s.…

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KRAFT BRAZIL



BY MONICA DOBIE
AMERICA’S Kraft Foods Inc. has agreed to sell its Pilar biscuit business in Brazil, to two undisclosed privately held companies in the country, as part of a Latin American restructuring programme that will include three plant closures and 500 job cuts.…

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KYOTO LATEST



BY KEITH NUTHALL
GOVERNMENT representatives are to meet at Marrakesh, Morocco, from October 29 to November 9 to add detail to the Kyoto Protocol global warming deal struck this summer in Bonn between all major industrialised nations excluding America. The Moroccan meeting should allow delegates to agree procedures and institutions needed to make the protocol fully operational.…

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CYBERCRIME SCHOOL



BY JONATHAN THOMSON
AMERICA’S NATIONAL Cybercrime Training Partnership (NCTP), which has taught more than 4,200 law enforcement officers the basics of computer forensics, is offering its services to private anti-fraud investigators and is reporting positive results through arrests and prosecutions. The organisation was developed by the U.S.…

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BRAIN DRAIN



BY ALAN OSBORN
Britain is the key source within the OECD countries for scientists and engineers working in America, according to the latest Science, Technology and Industry indicators published by the organisation. They show that 7,086 scientists and engineers from the UK are at present working in the US, followed by 5,351 from Canada, 2,298 from Germany and 1,843 from Korea.…

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SAT PHONES



BY MONICA DOBIE
THE WORTH of iridium satellite phones as a standby communications facility of last resort, has been demonstrated, say its supporters, by the key role the technology played in the aftermath of the catastrophes of September 11.

Indeed, advocates of these comms systems have been vindicated, as the mobiles once mocked for being ineffective near tall buildings and trees, as well as being ludicrously expensive to run, proved instrumental in helping emergency workers and security officials communicate at the scene of the terrorist disasters.…

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BIG BRAS



BY KATE REW
AMERICAN bra manufacturers are responding to growing demand from larger women who are no longer content to wear cumbersome, corset-like structures but would prefer flimsier, sexier bras which are both comfortable and flatter their fuller figures. For a long time this market, which stands at around 40 per cent of intimate wear and is growing all the time, has been overlooked, according to Joyce Baran, Vice President of Merchandising and Design, Liz Claiborne Intimates.…

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ELECTRONIC SIGNATURES 3



BY ALAN OSBORN, in Westminster
A NUMBER of new products and services designed to improve internet security have been announced at the Information Security Solutions Europe 2001 conference in London, against a background of growing world-wide concern over on-line security following the terror attacks on America.…

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SIGNATURES DIRECTIVE



Alan Osborne
THE INTRODUCTION of e-commerce into the European Union, already disappointingly slow, is further threatened by the failure so far of the 15 member countries to adopt the European Electronic Signature Directive, delegates to the Information Security Solutions Europe 2001 conference at the QE2 centre in London have been told.…

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BIG BRAS



BY KATE REW
AMERICAN bra manufacturers are responding to growing demand from larger women who are no longer content to wear cumbersome, corset-like structures but would prefer flimsier, sexier bras which are both comfortable and flatter their fuller figures. For a long time this market, which stands at around 40 per cent of intimate wear and is growing all the time, has been overlooked, according to Joyce Baran, Vice President of Merchandising and Design, Liz Claiborne Intimates.…

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Havana Club



Keith Nuthall
What now for the “Havana Club” rum brand name after this month’s

ruling by a panel of the World Trade Organisation in the dispute between

the European Union and the US ? Both sides have claimed a victory of

sorts out of the split ruling, though both agree the struggle is far from

over.…

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BRA MANUFACTURERS



BY KATE REW
BRA manufacturers in the United States are responding to the growing demand from larger women who are no longer content to wear cumbersome, corset-like structures, but would prefer flimsier, sexier bras which are both comfortable and flatter their fuller figures.…

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BERTELSMANN-MONDADORI



BY KEITH NUTHALL
THE EUROPEAN Commission has cleared a planned Spanish publishing joint venture between Germany’s Bertelsmann and Arnoldo Mondadori Editore SpA, of Italy, combining all the book publishing divisions and imprints in Spain and Latin America of Random House and Mondadori.…

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CHAPTERS FEATURE



BY MONICA DOBIE
THE CANADIAN book sector has seen its share of turbulence in the past 12 months. Last summer Larry Stevenson, a young, successful businessman at the helm of Chapters, the country’s largest book retailer, was pondering ways in which to expand the company further.…

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SASOL



BY RICHARD HURST
SOUTH African Synthetic fuels company, SASOL is reported to be actively seeking further foreign acquisitions in the EU and north America, following its purchase of Germany’s Condea. A spokesman for SASOL said, “It remains the company’s corporate growth strategy to look for at synergistic alliances and joint-ventures on a global basis.”…

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FOE FIGURES



BY KATE REW
ENVIRONMENTAL group Friends of the Earth has criticised legislation being considered last week before the US House of Representatives, claiming that they would authorise more than US$33 billion over ten years in new and expanded subsidies for the oil, coal, gas and nuclear power industries.…

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PILKINGTON AKTIV



BY KATE REW
CHEMICAL window cleaning agents could soon be redundant thanks to a new product soon to be introduced by Pilkington North America. Its Pilkington Aktiv glass is the first in the world to have self-cleaning properties.

The glass uses a so-called ‘photocatalytic effect,’ where the sun’s rays gradually and continuously break down organic dirt which then dissolves.…

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EU HEATLHCARE



BY ALAN OSBORN
WILL there come a day when a genuine European market in health care takes its place among the other landmark achievements of the European Union?

In terms of economic efficiency and the functioning of the internal market, does it make much sense for a million patients in Britain, say, to have to wait sometimes for a year or more for important operations while people in France or Luxembourg can book them for the next day and some German hospitals have barely half their beds filled?…

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MEXICO WORKERS



BY MONICA DOBIE
AFTER Mexican plantation workers walked off tobacco fields in Ontario, Canada, to protest about the deplorable working conditions, the Canadian section of the United Farm Workers of America has called for the establishment national labour standards to protect them.…

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EIB VOLKSWAGEN



BY MONICA DOBIE
THE EUROPEAN Investment Bank (EIB) has announced that it is lending US$40 million to Volkswagen Argentina S.A., a subsidiary of Volkswagen AG, to support investment for the production of gearboxes for passenger cars in its plant located in Cordoba, Argentina.…

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WTO/WHO - PRICING



BY KEITH NUTHALL
DIFFERENTIAL pricing in world pharmaceutical markets has been backed by a joint workshop involving the World Trade Organisation, the World Health Organisation, the Global Health Council and its national host, Norway.

A report released from the meeting has born out a general consensus reached by participants that “differential pricing could, and should, play an important role in ensuring access to existing essential drugs at affordable prices, especially in poor countries, while allowing the patent system to continue to play its role of providing incentives for research and development into new drugs.”…

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CANADA ACQUISITIONS



BY MONICA DOBIE
THE CANADIAN oil and gas industry has seen its largest corporate take-over when Houston-based Conoco Inc. agreed to buyout Gulf Canada Resources for CAN$6.7 billion in cash.

The deal will serve up a large piece of the natural gas pie for Texan giant Conoco in Canada, especially in the relatively untapped Mackenzie Delta gas deposits in the Northwest Territories.…

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CONTRACTUAL CLAUSES



BY ALAN OSBORN
COMPANIES sending personal data to countries outside the European

Union will be able to ensure their legal compliance with the EU’s data protection directive by incorporating a set of new standard clauses in their contracts under proposals announced by the European Commission.…

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OECD - LIBERALISATION



Keith Nuthall
A REPORT from the Organisation for Economic Cooperation and Development (OECD) calling for liberalisation is a little like a report from the Pope suggesting more prayer, but the world’s premier international think tank has refined its arguments regarding utilities in a recent formal recommendation to its member governments.…

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ZINC-AIR ELECTRIC BUS



BY KATE REW
THE FIRST electric bus to be powered by a zero-emission zinc-air battery is to start a series of test track trials in the United States, to show it can cope with the rigours of city and suburban driving.…

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USA RULES OF ORIGIN



KEITH NUTHALL
ITALIAN textile houses have welcomed US Congress’ adoption of reforms to America’s rules of origin for textile products, which they claimed discriminated against European Union exports and broke World Trade Organisation rules.

When implementing the Uruguay Round GATT agreement, the United States had passed a law that insisted that cotton, silk and man-made fibres fabrics entering the EU at loom state to be dyed and printed, no longer qualified as EU products when they were exported.…

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eSecurityOnline



Alan Osborne
Price: many services are free but a typical subscription for a small or medium-sized company would be around £5,000

Contact:

Headquarters:

120 w 12TH Street, Suite 310, Kansas City Missouri 64105

In UK call 20 7951 8000

International Support outside of the US: 01-816-480-5259

Web-site: www.esecurityonline.com…

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NEW YORK



BY KATE REW
NEW York City Mayor, Rudolph Guiliani has called for the privatisation of JFK International Airport and LaGuardia Airport in a speech outlining his vision of their future.

Speaking at the New York-based Wings Club, Mayor Giuliani called for the consolidation of the body, which oversees the two airports into one agency, the Airport Improvement Corporation, in order to improve service and convenience, while accommodating increasing passenger traffic.…

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US TRADE REVIEW



BY KEITH NUTHALL
THE UNITED States Trade Representatives Office has launched an environmental review of America’s existing trade agreements. It will alert Washington to potential environmental drawbacks of the deals, and will especially focus on the ongoing World Trade Organisation round on agricultural products and services.…

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MARYLAND LAW



BY KATE REW
TOBACCO farmers in Maryland are being asked to give up growing one of America’s most lucrative cash crops and sign up to a compensation programme, bringing to an end a tradition stretching back 350 years. The Governor of Maryland, Parris N.…

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FISHERIES PRODUCERS INTERNATIONAL



BY MONICA DOBIE
A BOARDROOM battle has erupted in the offices of the Fishery Producers International, a Canadian company and currently one of the largest seafood processors in North America, which was established by Canadian federal and Newfoundland governments in the 1987 to help the struggling north-west Atlantic fisheries.…

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CENTRAL AMERICA V CHILE



BY KEITH NUTHALL
NICARAGUA, Guatemala and Costa Rica have joined formal consultations launched at the World Trade Organisation by Columbia with Chile, over safeguard duties imposed by the government in Santiago on sugar exports. Columbia has questioned whether the duties are justified by economic difficulties being suffered by the Chilean sugar sector.…

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AZURIX



BY MIKE FOX
AZURIX, the troubled water subsidiary of the giant energy company Enron, has confirmed that it would like to sell its north American water interests.

Azurix has a company policy of not commenting on its plans for acquisitions or divestments, but the potential sale of its north American subsidiary was revealed when it put in a bid to develop a US$150million water treatment plant that would eventually form part of a US$2billion distribution system in Houston Texas, home to the corporate headquarters of both companies.…

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AUTO PACT LATEST



BY MONICA DOBIE AND KEITH NUTHALL
DAIMLER Chrysler Canada and Ford Canada have been trying to persuade the Canadian federal government to replace the now defunct 1965 Canada/United States auto pact with a system of assistance that would not be so open to a challenge at the World Trade Organisation.…

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BAMFIELD PIECE



Keith Nuthall
THE MAN who launched ‘Sue-a-Shoplifter Ltd’ in Britain, perched on a settee in the meeting room of the Institute of Directors in London and told me that he was working for fun.

Not for Professor Joshua Bamfield the lure of lucre generated by the 45 per cent commission on damages or the mantle of the country’s greatest crime-buster, but instead academic curiosity, a project in his chosen subject, retail crime.…

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CONSUMERS PACKAGING



BY MONICA DOBIE
CANADA’S LEADER in glass bottle making, Consumers Packaging Inc. has

appointed a new trouble shooter Brent Ballantyne as its Chief Restructuring Officer, a move that is expected to lead to an increase in bottle prices for the Canadian drinks industry.…

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WINNEPEG



BY MIKE FOX, in Montreal
WINNEPEG, in the Canadian prairie province of Manitoba, may sound like the sort of city which would only merit a small regional airport, but the Winnipeg Airports Authority (WAA) has big plans to exploit its unique position.…

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M-COMMERCE



BY KEITH NUTHALL
E-COMMERCE fraud has become such a well-worn word in the commercial crime-fighting world that it is in danger of becoming a cliché. But now, with the advent of third generation mobiles, it could be displaced as a hot topic by a new trend, m-commerce fraud.…

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ST PAUL'S SURVEY - EXTENDED PIECE



BY ALAN OSBORN
IN large companies in both America and Europe there are serious worries about new technology, according to a survey commissioned by the St Paul Companies of the US. In Europe, company risk managers put technology risks as the number one threat at present.…

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