Search Results for: England
446 results out of 446 results found for 'England'.
UK-GERMANY NEUCONNECT INTERCONNECTOR COULD PROVIDE MODEL FOR CHEAP CLEAN ENERGY DISTRIBUTION
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).…
MATERNITY SUPPORT GARMENTS SECTOR IS MAJOR GROWTH SEGMENT THAT REQUIRES STANDARDISATION WORK
It is maybe surprising that maternity support garments (MSGs) are still a niche segment, even though women of childbearing age constitute approximately one-quarter of the populations of developed countries. Indeed, tubular bands made out of cotton and elastane are still commonly used instead of MSGs across the world. …
UNIVERSITIES ARE MAGNET FOR INTERNATIONAL MONEY LAUNDERING – SPECIAL REPORT
Higher education institutions are being warned they could be a target for money laundering, with fees being financed by the proceeds of crime, including corruption, which might also buy property, cars and other items for students.
The problem has been highlighted in a series of reports.…
UK HALAL FOOD INDUSTRY BEING DISRUPTED BY BREXIT
BRITAIN’S halal food market maybe growing, but the UK’s withdrawal from the European Union (EU) in January 2020 has been impeding the sale, production and export of such products, and the regulatory headaches may get worse in future.
Speaking to Salaam Gateway, Rizvan Khalid, managing director, of Euro Quality Lambs, a major England-based producer and exporter of halal sheepmeat, said trade red tape imposed since the UK quit the EU has imposed GBP500,000 of annual regulatory costs on his business.…
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.…
SCIENTISTS PRODUCE TEXTILE SECTOR CHEMICALS FROM SPENT NUCLEAR FUEL
Researchers from England’s Lancaster University and Aston University, plus the Jožef Stefan Institute, Ljubljana, Slovenia, have developed a technique of making textile additives from spent nuclear fuel. They argue the system offers economic and environmental gains regarding the processing of waste, as well as substituting sodium dithionite, which can help form toxic gases.…
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.…
DEEP DIVE – BODY MAPPING TECHNOLOGY
INTRODUCTION
The concept of bespoke tailoring and couture has long been regarded as the apex of clothing and textile making, given that it matches a garment closely to its wearer and intended use. Until now, such personal apparel has inevitably been expensive, given runs are individualised – indeed, bespoke has been the antithesis of mass-produced fast fashion.…
GOVERNMENTS TIGHTEN UP TOBACCO AGE LIMIT LAWS, ALTHOUGH IMPLEMENTATION IS OFTEN A PROBLEM
WHILE the imposition of age limits on the consumption of tobacco and other nicotine products remains very much a national, and in some cases sub-national jurisdiction decision, there is no doubt that the general trend worldwide is for tighter restrictions on younger consumers, even if they are often tough to enforce.…
LUMINESCENT YARM IS MAJOR RESEARCH AND DEVELOPMENT GROWTH ZONE – BUT SUSTAINABILITY IS A CHALLENGE
INTRODUCTION
In a global textile and clothing market that is increasingly integrating design with functionality, the potential of luminescent yarns is becoming ever more apparent. The focus of groundbreaking research and development, there is widening diversity in this segment from luminescent coatings on yarns to those that integrate LEDs (light-emitting diodes).…
AMONG THE MOSQUES: A JOURNEY ACROSS MUSLIM BRITAIN’ – APPEALS FOR TOLERANCE AMONG ALL BRITONS – NOT JUST MUSLIMS
The racism hurled at black members of the England football team following its loss to Italy in the Euro finals is a clear reminder, if one was needed, that racism remains a divisive problem in the UK.
A new important book, ‘Among the Mosques: A Journey across Muslim Britain’, by Dr Ed Husain, a former senior advisor to Tony Blair, is indeed timely, as it warns some UK-based Muslims still do not regard Britain as their home country – and this could fuel further division within the UK.…
LIFESTYLE BUYERS CONTINUE TO BOOST ENGLAND & WALES RURAL LAND SALES, EVEN AS COVID-19 WANES
Urban dwellers relocating to the England and Wales countryside during the Covid-19 pandemic are driving up land prices and even leading to the return of gazumping, according to land agents. Lifestyle buyers looking for farmhouses and land in scenically attractive areas are increasing demand and prices for land without much agricultural merit.…
OPTIMISTIC TUNISIAN WORKWEAR MANUFACTURERS INVITE BRITISH CUSTOMERS TO VISIT
Tunisia’s garment manufacturing industry is actively encouraging British brands to visit this key North African near sourcing hub to discover the quality and real potential of its workwear.
The campaign is building on a December 2020 webinar when Tunisian producers connected with potential British buyers within the workwear segment, to create new trading partnerships.…
COVERT RECORDING DEVICES PROLIFERATE IN STYLES – BUT INVESTIGATORS MUST TAKE CARE TO USE THEM LEGALLY
Even though life has been increasingly lived online during the Covid-19 pandemic, there is still a significant market for hardware surveillance devices, including those that are covert, with recording devices hidden in everyday objects, such as pens, watches, even water bottles.…
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.…
AML ANALYSTS CAST A SUSPICIOUS EYE ON STABLECOIN LIQUIDITY
THE GROWING popularity of cryptocurrencies has stoked concerns that they offer a haven for money launderers. The concern focuses on the risk that crypto can be used anonymously to buy goods and services, without them being converted into fiat currencies through exchanges that are a key focus of emerging AML/CFT controls.…
TOBACCO INDUSTRY UNDER GROWING REGULATORY PRESSURE TO REDUCE FILTER LITTER
New regulatory plastic waste obligations coming into force in July (this year) will force tobacco producers selling into the European Union’s (EU) 447-million-person market to take measures to reduce butt littering. The move, part of the EU’s Single Use Plastics Directive (SUPD) (Directive (EU) 2019/904), are designed to reduce the 4.5 trillion cigarette butts that end up as litter annually worldwide (according to the UN), generating 845,000 tonnes of waste, according to a New York (USA) state document.…
LIE DETECTION TECH BEING DEVELOPED RAPIDLY, BUT EXPERTS WARN TRAINED HUMAN INTERROGATORS REMAIN ESSENTIAL
Lie detection is an emerging science, with technology being developed to help companies and law enforcement seek to detect fraudsters and other criminals. Artificial intelligence is a potential key development in enabling machines to screen subjects physical and audible response to questions to detect lies.…
BRITISH GOVERNMENT MULLS ROOT-AND-BRANCH AUDIT REFORM TO IMPROVE FRAUD DETECTION
Auditors in the UK are on the cusp of transforming their approach to fraud, pushed by a long-deliberated reform in audit guidance by the government.
It has released a white paper ‘Restoring Public Trust in Audit and Corporate Governance’ that suggests forcing more responsibility on auditors for fighting financial crime in the UK.…
DAIRY LEADERS EXPRESS SURPRISE AT BETTER-THAN-EXPECTED YEAR
Over the past year, the European Union’s (EU) dairy industry has weathered two storms: the departure of Great Britain from the EU single market and customs union, during the unprecedented lockdown measures adopted to contain Covid-19, all while EU lawmakers haggle over a major shakeup of agricultural regulations.…
AML EXTRADITION PROCEEDINGS ARE COMPLEX AND UNEVEN TOOLS TO FIGHT DIRTY MONEY FLOWS
THE WIDE diversity of AML laws worldwide can complicate the enforcement of AML/CFT extradition proceedings.
Financial Action Task Force (FATF) recommendations 37 and 39 say that governments should be prepared to extradite money launderers (and terrorist financiers) to another country if they both criminalise the underlying predicate offence.…
TECHNOLOGICAL INNOVATION IN PREDICTIVE MAINTENANCE CAN PAY DIVIDENDS FOR TEXTILE SECTOR
INTRODUCTION
NEW technology can deliver effective maintenance strategies to clothing and textile manufacturers, helping them go beyond reactive and proactive maintenance, moving into the more sophisticated world of prediction. The goal is to deliver an optimum maintenance strategy that enables manufacturers to get the most value out of their plant and equipment by spending the least amount of time, resources and money to deliver effective performance.…
NONWOVENS COMPANIES NEED TO KEEP CLOSE EYE ON DETAIL OF SINGLE-USE PLASTIC BANS
SINGLE use plastics bans being brought in across the world may not cover all nonwovens products, but they certainly are having an impact on the industry as it parses often complex rules coming into force.
A key piece of legislation is the European Union’s (EU) so-called ‘single use plastics directive’ (1) which has deadlines passing in 2021.…
GRAPHENE HELPING NONWOVENS MANUFACTURERS CREATE MATERIALS THAT CAN KILL VIRUSES, INCLUDING COVID-19
Already described by its proponents as a “wonder material” with numerous applications across the nonwovens sector, researchers now believe that graphene can play a “critical” role in the defeat of the coronavirus pandemic.
From advanced personal protection equipment (PPE) to air and water filtration systems, nonwovens manufacturers around the world have capitalised on this carbon-based material’s anti-viral capabilities to boost their product ranges.…
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.…
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.…
AGENTS PREDICT RECORD LOW SALES IN 2020 MAY PERSIST THIS YEAR, AS BREXIT AND COVID-19 IMPACTS SHAKE OUT
LANDOWNERS looking to sell holdings were hoping 2020 might be more predictable than 2019, once Brexit happened last January 31, after four years of political uncertainty. But a global pandemic and a last-minute trade deal heading off a no-deal end to a Brexit transition period this January 1 meant that last year was more unpredictable, further tightening inventory.…
AGENTS PREDICT RECORD LOW SALES IN 2020 MAY PERSIST THIS YEAR, AS BREXIT AND COVID-19 IMPACTS SHAKE OUT
LANDOWNERS looking to sell holdings were hoping 2020 might be more predictable than 2019, once Brexit happened last January 31, after four years of political uncertainty. But a global pandemic and a last-minute trade deal heading off a no-deal end to a Brexit transition period this January 1 meant that last year was more unpredictable, further tightening inventory.…
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.…
CHINESE STARTUP SINKS TEETH INTO SUGAR FREE CHOCOLATE
A Shanghai-based startup confectioner LANDBASE (NOTE TO EDITOR – UPPER CASE SPELLING FOR COMPANY NAME IS CORRECT) has tapped China’s competitive chocolate market though selling sugar-free chocolate, sweetened with alternative flavouring inulin, targeted at health-focused consumers.
The two-year-old company’s brand CHOCDAY and product lines ‘Dark Milk’ and ‘Dark Premium’, have been developed in China, but manufactured in Switzerland for the Chinese market, a first in China.…
BIG DATA ANALYTICS OFFER FASHION SECTOR INCREASING POWER TO SHARPEN SALES AND SUPPLY EFFICIENCIES
Abundant levels of data created throughout the garment supply chain are increasingly being leveraged to boost sales and margins, and the more figures are crunched the better.
KeunYoung Oh, chair and associate professor of the department of fashion and textile technology at State University of New York College, in Buffalo, USA, said as a result, data analysis skills are an essential component of recruitment policy.…
International News Services is southern England ‘Media Company of the Year’
SME News has the story about our agency – see Global News Agency Offers Specialist Media Outlets a Window on the World
Also see https://www.sme-news.co.uk/awards/uk-southern-business-awards/
The award panel said:
…“20 years established, International News Services clearly owes its longevity and client reach within the industry to its highly experienced multilingual international team of reporters and editors, alongside its honest, upfront and trustworthy approach to its clients across the globe.
EX-FRAUDSTER SAYS DETECTING MONEY LAUNDERING IN CASH BUSINESSES IS VERY TOUGH
Much expertise of anti-money laundering is developed from the experience of victims and law enforcement, fed into techniques and systems fighting this crime. But ex-criminals, including those who launder illicit money, have a different perspective and can offer fresh insight and intelligence maybe not considered by AML officers.…
UK GOVERNMENT NOVEL AML/CFT LEVY RAISES CONCERN AND MAY STRUGGLE TO SECURE INDUSTRY SUPPORT
THE QUESTION of whether governments should charge AML/CFT levies on designated professions and financial institutions to help fund public agencies fighting dirty and terror money flows is a sensitive topic, given STR designation already imposes operational costs on such businesses. Indeed, they may also have to pay for membership of bodies who assess their AML/CFT performance and of course fund government AML/CFT work through general taxation.…
BRITAIN’S COVID-19-HIT COATINGS SECTOR FEARS UNTIMELY HIT OF A JANUARY NO-DEAL BREXIT
AT a time when the UK paint and coating sector is reeling from Covid-19, the industry is bracing for another shock – a possible hard or no-deal Brexit. However, while paint and coating industry experts say the industry’s confidence levels are low because of these challenges, the pandemic has nonetheless encouraged the development and sale of innovative anti-viral coatings, opening potential new makers that may persist after the pandemic has ebbed.…
FORENSIC LINGUISTS ASSESS FUTURE WHERE AI STRENGTHENS THEIR GROWING ACADEMIC AND OPERATIONAL FIELD
Forensic linguistics is a new field, aiding detection of lies and deception within verbal and written statements, but it is developing, and artificial intelligence/machine learning offers new opportunities for this technique to become increasingly useful.
That is the view of Professor Jack Grieve, Professorial Fellow in Corpus Linguistics, University of Birmingham, UK, who sees a “great opportunity” in such work, although significant research is needed before such studies can yield useful work.…
GROWING RENEWABLE ENERGY SECTOR FEEDS SPECIALIST LUBRICANTS BUSINESS
Enormous forces act on renewable energy system’s mechanical parts when generating power from wind and water. Between the smooth operation and potential loss of multi-million-dollar investments stand gear lubricants. Lubricants are also needed for the hydraulics that pitch the blades a few degrees every time the wind, or the water current, changes. …
ENERGY COMPANIES TAKE SPECIAL CARE TO REDUCE SPREAD OF COVID-19 WITHIN THEIR FACILITIES
AS governments worldwide loosen lockdowns imposed to impede the spread of Covid-19, energy companies are assessing their health and safety policies to ensure workplaces are not new infection hotspots, protecting workers and hence production.
These changes come as energy industries downscale workloads to reflect a collapse in demand for their output.…
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.…
GROWING DESIRE FOR WELLNESS EXPANDS SALE OF NICHE BEAUTY PRODUCTS FOR EXERCISE AND ATHLETICS
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.…
HOME-GROWN CARIBBEAN BEAUTY PRODUCT MANUFACTURERS GROW INTO DOMESTIC MARKETS AND EYE EXPORT TRADES
Entrepreneurship abounds across the diverse island nations of the Caribbean where small, independently-owned beauty product businesses thrive and have been successfully vying for space alongside major international brands in pharmacies, boutiques and family-owned stores alike.
What many manufacturers lack in start-up capital, they make up for in innovation and close proximity to a wealth of organic, raw materials that are finding new favour with modern, discerning consumers at home, with an eye to developing export sales.…
UK AUDIT SYSTEM REVIEW COULD SHARPEN KEY INSTRUMENT FOR DETECTING COMMERCIAL CRIME
The fact that auditors are struggling to conduct due diligence at companies during the Covid-19 crisis, given a lack of access to documents, offices and staff, is highlighting a key debate that was launched before the pandemic hit – just what standard auditors should target when seeking to prove accounts do not hide wrong-doing or crime.…
INNOVATIVE TEXTILES DELIVERING LIGHTWEIGHTING AND NEW FUNCTIONALITY FOR AUTO DESIGNERS
Innovative textile materials are proving to be a game changer in the auto industry’s drive towards sustainability, electric transmission and autonomy. Experts have noted how the amount of textiles used in the automotive sector have been growing and will continue to do so: up from 20kg in a mid-size car on average in the year 2000 to 26kg in 2020, said the chair of a ‘Textile Opportunities in a Changing Automotive Industry’ conference, held in Birmingham, England, at the Jaguar Experience centre.…
HIGH TECH COATINGS DELIVER BETTER FUNCTIONALITY AND ENVIRONMENTAL PERFORMANCE TO AIRLINERS
THE USE of paint and coatings by airlines is far more than the choice of an elegant trip for tail fins and fuselages. High tech coatings help aircraft operate efficiently and play an increasingly important role in helping planes fly smoothly, reducing drag and hence carbon emissions.…
FIBRE GLASS USES AND RECYCLING BECOME MORE SOPHISTICATED AS MANUFACTURERS’ APPRECIATION OF THIS MATERIAL VALUE GROWS
Global production of fibreglass is predicted to soar over the coming decade, as appreciation grows of its utility and cost effectiveness in expanding materials manufacturing sectors.
Driven by a push to increase reliance on renewable energy sources to help tackle the climate crisis, manufacturers of wind turbines are increasingly reliant on glass – and carbon – fibres to produce rotor blades, for instance.…
COATINGS APPLICATIONS OF SUPER MATERIAL GRAPHENE CONTINUE TO GROW IN SOPHISTICATION AND EFFECTIVENESS
THE MANY properties that have contributed to graphene being described as a ‘super material’ make it an increasingly attractive choice as an ingredient in a wide range of coatings with special functionalities say researchers and manufacturers. And, with Many of these properties offering environment-friendly and sustainable benefits, graphene is being considered as a key part of the coatings industries efforts to reduce carbon emissions and hence climate change.…
EUROPEAN NONWOVENS INDUSTRY FOCUSES ON INNOVATION TO STRENGTHEN ITS INTERNATIONAL MARKET POSITION
WORRIES about the future of manufacturing in Europe are certainly not being applied to the continent’s nonwovens industry, which has been growing steadily in recent years. Indeed, last year, the overall production of nonwovens in Europe in 2018 grew by around 1.3% year-on-year to reach 2.76 million tonnes, (the most recent Europe wide figures released by industry association EDANA).…
ENGLAND AND WALES LANDOWNERS ASSESS NEW POST-BREXIT COMMERCIAL REALITY WITHOUT FOOD PRODUCITON PAYMENTS
FOR rural landowners in England and Wales, the UK quitting the European Union (EU) on January 31 maybe the most important market driver in 2020. Uncertainty over Brexit has held up investment, sales and purchases, constitutional change is coming, landowners can plan with more clarity.…
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).…
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’.…
SFO REVEALS DPA WITH GÜRALP SYSTEMS AS THREE ACQUITTED
The UK Serious Fraud Office (SFO) has revealed details of a deferred prosecution agreement (DPA) Involving the disgorgement of profits worth GBP2,069,861 (USD2.7 million) reached with Berkshire, southern England-based Güralp Systems Ltd. The information was released after three individuals from the seismic device company were acquitted, meaning reporting restrictions could be lifted.…
UK VAPING COMPANIES EYE LIBERALISATION SHOULD BRITAIN QUIT THE EUROPEAN UNION
E-cigarette manufacturers in the United Kingdom pondering a Brexit from the European Union (EU) that is currently scheduled for January 31 are hoping to benefit from looser rules than currently apply in the EU, if the UK does quit the EU.…
NEW FINTECH SERVICES DEVELOP FAST ANTI-FRAUD CHECKS THAT DELIVER SECURITY AND SWIFT CUSTOMER SERVICE
A harmonisation of regulatory frameworks and increased sharing of data between financial institutions may help overcome the “metronomic tension” within financial businesses balancing effective fraud detection and low user friction, say experts. With more challenger banks delivering services, real-time checks based on artificial intelligence (AI) and robotics may ensure the speed customers expect in digital transactions does not compromise security, including during onboarding.…
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.…
GLOBAL DECOMMISSIONING INDUSTRY GROWS AS OI AND GAS OFFSHORE STRUCTURES REACH END OF OPERATIONS
A WAVE of oil and gas structure decommissioning in the North Sea, a steady continuing flow in the USA’s Gulf of Mexico fields, and a similar longer-term challenge in south-east Asia are concentrating minds on the infrastructure needed to dismantle such equipment safely.…
INNOVATIVE TECHNOLOGY AND MATERIALS HELP OIL AND GAS SECTOR CLEAN UP - AND SMARTEN UP - PROTECTIVE CLOTHING
As an industry much maligned for its heavy carbon footprint, the oil and gas sector is increasing its use of sustainable materials and manufacturing methods making textiles used for its protective clothing. This segment has also been focusing on improving the comfort and aesthetics of this apparel.…
HIGH DEMAND FOR TRAINED AML PROFESSIONALS IS KEEPING PAY LEVELS HEALTHY
WITH anti-money laundering and combating the financing of terrorism (AML/CFT) controls becoming ever more comprehensive, strategic and widespread, the demand for trained AML/CFT professionals is growing. Salaries are increasing, as a result. This good compensation reflects the fact that AML work is becoming increasingly demanding because of regulatory requirements, said Michael Harris, director, financial crime compliance, at LexisNexis Risk Solutions.…
BULGARIA HAS USED LOW COSTS TO BUILD EXPORT SALES – AND LOOKS TO QUALITY TO MAINTAIN THEM
BULGARIA’S plastics industry has been making the most of the growing demand for supplies from major western markets. The sector has been particularly buoyant over the past five years, with Bulgaria’s comparatively low costs and occasional regulatory light touch making its plastics companies competitive with competitors in western Europe.…
CONFERENCE ASKS HOW ACADEMICS AND JOURNALISTS CAN DEFEND KNOWLEDGE ON POST-TRUTH WORLD OF POPULISM
Are universities and the media doing enough in the defence of knowledge when faced with the global rise of populism? This question has been debated at the third Worldviews International Conference on Media and Higher Education. Staged at Canada’s University of Toronto, speakers asked how can higher education and journalism counter the claims of elitism made against these institutions?…
BREXIT PUSHES FARMERS AND LANDOWNERS TO CONSIDER MORE ESTATE EARNINGS DIVERSIFICATION
WITH Brexit still looming and the government insisting that should the UK leave the European Union (EU), it will reduce the payment of subsidies to British farmers and growers, now is clearly the time that landowners should be considering diversifying their revenue streams.…
BREXIT PUSHES FARMERS AND LANDOWNERS TO CONSIDER MORE ESTATE EARNINGS DIVERSIFICATION
WITH Brexit still looming and the government insisting that should the UK leave the European Union (EU), it will reduce the payment of subsidies to British farmers and growers, now is clearly the time that landowners should be considering diversifying their revenue streams.…
ANTI-FRAUD AWARENESS AND TRAINING IS A LYNCHPIN OF CORPORATE POLICIES FIGHTING GRAFT AND FINANCIAL SCAMS
ANTI-fraud experts understand that managers always need to be aware of the potential for their organisations to lose money to fraud and corruption. But the fact that the Association of Certified Fraud Examiners (ACFE) https://s3-us-west-2.amazonaws.com/acfepublic/2018-report-to-the-nations.pdf
estimates an average 5% of public and private revenues are lost to fraud indicates that more awareness is needed.…
ANTI-FRAUD AWARENESS AND TRAINING IS A LYNCHPIN OF CORPORATE POLICIES FIGHTING GRAFT AND FINANCIAL SCAMS
ANTI-fraud experts understand that managers always need to be aware of the potential for their organisations to lose money to fraud and corruption. But the fact that the Association of Certified Fraud Examiners (ACFE) https://s3-us-west-2.amazonaws.com/acfepublic/2018-report-to-the-nations.pdf
estimates an average 5% of public and private revenues are lost to fraud indicates that more awareness is needed.…
EUROPEAN NONWOVENS SECTOR GROWS EXPORTS AS A HIGH QUALITY CENTRE OF INNOVATION
EXPORTS of nonwovens products from the European Union (EU) to the rest of the world are on the rise, with in 2018 such overseas sales of nonwovens (whether or not impregnated, coated, covered or laminated) within the 28 members of the European Union (EU) accounted for EUR4.33 billion, up from EUR4.19 billion in 2017.…
FACIAL RECOGNITION MAY SOON HELP MONITOR WELFARE OF FARM PIGS
Researchers at Scotland’s Rural College (SRUC) are developing facial recognition technology that can help farmers assess the emotional and physical well-being of pigs. So far, studies have demonstrated 97% accuracy in identifying individual pigs using only the face, senior researcher in animal behaviour and welfare at SRUC, Dr Emma Baxter, told GlobalMeatNews.…
PSYCHOLOGICAL PROFILING FOR FRAUDSTERS CAN HELP SHARPEN GENERAL ANTI-FRAUD POLICIES
THE NEED for human resources and other managers to detect potential in house and external fraudsters who may attack companies, governments and financial institutions is consistently underlined by the vast losses to fraud highlighted by research. The loss of an estimated USD7 billion to occupational fraud globally between January 2016 and October 2017, according to Association of Certified Fraud Examiners (ACFE) data released last year (https://www.acfe.com/report-to-the-nations/2018/)…
AIRLESS TECHNOLOGY OFFERS BEAUTY BRANDS WAY TO COMBINE FUNCTIONALITY WITH SUSTAINABILITY
GROWING consumer and regulatory demand for more sustainability in consumer markets is redefining the packaging sector, and beauty segment is no exception. As a result, airless packaging – while sometimes expensive – offers virtues such as the ability to preserve product freshness, minimal oxidisation, low wastage and efficient dispensing, that can dovetail with greening market trends.…
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.…
BRITISH MEAT EXPORTERS EYE JAPANESE MARKET AT MAJOR SHOW, NOW BSE-RELATED IMPORT BAN HAS GONE
British beef and lamb producers this week eyed the Japan market following the lifting of a 23-year import ban in January 2019, with a presence at Japan’s Foodex, Asia’s largest food and drink exhibition.
Producers from across the UK met Japanese importers, distributors, buyers and consumers at the Makuhari Messe conference centre, near Tokyo, on March 5–8.…
ONLINE TOOLS OFFER ANTI-FRAUD INVESTIGATORS INCREASINGLY SOPHISTICATED SURVEILLANCE OF CRIMINALS
With more than 5.48 billion (see https://www.worldwidewebsize.com) pages on the internet, fraud investigators have a wealth of material at their fingertips to help trace fraudsters and link target individuals, objects, locations and events. Thankfully, there are also increasingly sophisticated sites and tools available online to make this task more efficient and less time-consuming.…
JAPANESE NUCLEAR SECTOR HAS GOVERNMENT BACKING – BUT FACES SERIOUS POLITICAL AND TECHNICAL HEADWINDS
THE JAPANESE nuclear sector may have the backing of its government, but a combination of technical challenges and public unpopularity is impeding plans to restore the country’s nuclear capacity towards its generation before the Fukushima disaster in 2011.
During a news conference on January 1, Hiroaki Nakanishi, chairman of the Japan Business Federation, was pessimistic about the industry’s future.…
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.…
UK AND IRELAND SPEAK A COMMON LANGUAGE ON AML/CFT – BUT WILL BREXIT BRING DISCORD?
With their large financial services industries and open economies, the United Kingdom and the Republic of Ireland are conspicuously exposed to money laundering (ML) and terrorist financing (TF) risks.
Tough anti-money laundering (AML) and countering the financing of terrorism (CFT) policies are at the heart of their respective financial services regulations, yet both countries are regularly forced to fend off criticisms that they are not doing enough to tackle these problems.…
BRITAIN’S LAND MARKET STABLE THROUGH CAUTION AS BREXIT DEADLINE APPROACHES
AS Britain approaches its Brexit date of destiny, with the country unsure what the anticipated rupture with the European Union (EU) will deliver, the rural land sector seems to be holding its breath, waiting for hard information to spur purchasing decisions.…
UK PLOTS ATM REGULATION SHAKE UP AS BREXIT LOOMS
THE UK government has released consultatory green paper on broadening its powers over air space allocation as it looks ahead to a post-Brexit future after March 29. Aware that air space congestion, especially in the densely populated south-east of England, will worsen, the government wants to ensure airports work together to maximise the efficiency of their air space utilisation.…
FRAUD VALUE HALVES IN 2018, SAYS BDO
THE TOTAL value of frauds committed in the UK fell 64.7% to GBP746.3 million (USD994 million) in 2018, from a record GBP2.1 billion (USD2.8 billion) in 2017, accountancy advisory firm BDO LLP announced this week. But the company’s annual FraudTrack report*, released February 25, however, shows that despite this dramatic fall in value, the number of reported fraud cases in Britain only decreased 9% – from 577 to 525 – during this time.…
AUDITORS SHOULD DO MORE TO FIGHT FINANCIAL FRAUD, SAY EXPERTS
AUDITORS have not received a good press in the area of combating financial fraud. Financial disasters involving fraudulent practices include the notorious collapses of Lehman Brothers and the HBOS bank. A New York attorney concluded in 2007 that “EY substantially assisted Lehman Brothers… to engage in a massive accounting fraud”.…
DIFFERENT TRACEABILITY SYSTEMS HAMPER TRANSPARENCY IN AUSTRALIA
WITH consumers globally becoming ever-more concerned about whether the woolen products they buy, use or wear were made without cruelty to the animals from which this natural fibre was shorn, the wool industry has been working hard to improve its traceability systems.…
NEW FINANCIAL SERVICES PLAYERS OFFERED GROWING SUITE OF THIRD PARTY AML/CFT COMPLIANCE SOLUTIONS
New smaller banks competing with established players and other payment service providers (PSPs) are becoming increasingly sophisticated in their use of fintech to addressing anti-money laundering/combating the financing of terrorism (AML/CFT) financial crime compliance.
David Carlisle, an associate fellow at the Royal United Services Institute, told Money Laundering Bulletin that anecdotal evidence suggests that these so-called ‘challenger’ banks and PSPs are increasingly using third-party fintech suppliers to help them address know your customer (KYC) requirements, transaction monitoring, record-keeping and suspicious activity reporting.…
DEMAND FOR ANTI-FRAUD SURVEILLANCE GROWS, WITH NEW TECH FUELLING CONTRACTS
With different forms of fraud skyrocketing, demand for surveillance is not only growing but becoming more diverse, with companies offering services ranging from old-fashioned stakeouts to high-tech detection. A Market Guide for Online Fraud Detection, released in January (2018) by research and advisory firm Gartner Inc, forecasts that the fraud detection and prevention marketplace is expected to grow significantly by 2022.…
AMERICAN FRACKING YIELDS ENVIRONMENTAL CONTROL EXPERIENCE FOR BRITAIN’S NASCENT SHALE GAS SECTOR
AS the USA continues to expand its shale gas production, environmentalists are keeping a close eye on how this increasingly large industry is managing its pollution. For the American sector is huge. The USA produced 16.86 trillion cubic feet of shale gas in 2017, according to the US Energy Information Administration (EIA), accounting for around 62% of all US natural gas production during the year.…
A TALE OF TWO HYDROGEN PIONEERS – THE CHASE TO REPLACE NATURAL HAS WITH A LOW CARBON ALTERNATIVE
The UK and Australia are poles apart geographically but share the aim of becoming leaders in using or selling hydrogen for energy. The scheduled unveiling in November (2018) of a conceptual design to convert an eighth (8.3 million) of the UK’s population to 100% low-carbon hydrogen gas between 2028 and 2035 matters.…
FAST CHARGING SPREADING ACROSS EUROPE
With lower battery and auto prices boosting the battery electric vehicle (BEV) market in Europe, the race is on to ensure there are enough fast-charging stations to satisfy demand.
The European Automobile Manufacturers’ Association (ACEA) warned European Union (EU) lawmakers July 5 that plans to force a continent-wide switch to BEVs through swingeing cuts in CO2 emissions caps for manufacturers, was doomed to fail due to the lack of charging points.…
AI AND MACHINE LEARNING TO REDUCE AML REPORTING FALSE POSITIVES
WITH inflexible rules-based transaction monitoring systems built from a range of legacy systems still dominating the anti-money laundering (AML) landscape, excessive numbers of false positives are causing “mayhem” in the financial services sector, Luca Primerano, now chief AI officer at AML solutions provider Fortytwo Data in London, has claimed.…
UK CITY OF LONDON POLICE RECEIVES FUNDING BOOST FOR ITS ANTI-FRAUD WORK
A SERIES of new counter-fraud initiatives will be funded by a GBP6.1 million government cash injection to the UK’s City of London Police, Britain’s national lead force for economic crime issues. A national taskforce to enhance regional work on fraud investigation will be launched and a campaign to recruit direct entrant fraud detectives – from outside the police service – will help increase skills.…
UK BENEFICIAL OWNERSHIP VOTE ALARMS OVERSEAS TERRITORIES
An amendment to a UK Sanctions and Anti-Money Laundering Bill requires the British government to impose such registers on its OTs by this deadline, if the local administrations have not created their own. The UK currently has the world’s only public beneficial ownership register – but it only covers England, Scotland, Wales and Northern Ireland – see http://ownershiptransparency.com/…
UK BENEFICIAL OWNERSHIP VOTE ALARMS OVERSEAS TERRITORIES
A VOTE by the UK parliament to insist that Britain’s overseas territories introduce publicly available beneficial ownership registers by December 31, 2020, has sparked anger and dismay within these autonomous, mainly small island, jurisdictions.
An amendment to a UK Sanctions and Anti-Money Laundering Bill requires the British government to impose such registers on its OTs by this deadline, if the local administrations have not created their own.…
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.…
IRISH EXPORTERS LOOK TO CIRCUMNAVIGATE BREXIT TRADE TAXES
The prospect of significant hikes in taxes and administrative red tape on Irish exports and imports travelling through the UK to and from the rest of Europe once Britain leaves the European Union (EU), has prompted Irish exporters to seek more options for direct maritime trade.…
SLUGGISH UK PAINT AND COATING MARKET SET FOR REBOUND, THANKS TO GROWING AUTO SECTOR
AFTER years of sluggish growth and even contraction, the UK paint and coatings sector is set to rebound this year thanks to a booming domestic automotive manufacturing sector. However, this optimism has yet to be felt across the sector due to uncertainly the industry is facing ahead of Brexit.…
GRAPHENE TEXTILES BOOST SPORTS PERFORMANCE AS RESEARCH INTO NEW SUPER-MATERIAL PUSHES AHEAD
WITH boasts of being the strongest, thinnest, most flexible material that is also super-lightweight and an excellent thermal and electronic conductor, the ‘wonder material’ graphene is finding its properties a game changer in the sporting arena – including at last month’s Winter Olympics (February).…
UK SCRAMBLES TO PREPARE FOR EURATOM EXIT – NUCLEAR INVESTMENT AND RECRUITMENT MAY FALTER
EXPERTS on Britain’s civil nuclear industry have warned that the UK is running out of time to prepare itself for the country’s exit from European Atomic Energy Community (Euratom), due to the complexity of replicating its nuclear standards in UK law. …
UK RURAL LAND MARKET SLOWS DOWN AFTER ALMOST 150% RISE OVER DECADE
THE BULL run in the British rural land market is over, or at least has slowed to a trot. After rising by 149% over the 10 years to 2016, research by the property consultancy Carter Jonas indicates that that the value of British (UK, excluding Northern Ireland) farmland fell by more than 8% last year.…
DEMAND FOR INNOVATIVE AERONAUTICAL TEXTILES DRIVEN BY LIGHTWEIGHTING DEMAND TO REDUCE CARBON EMISSIONS
THE FUTURE of materials in this carbon-averse world is all about lightweighting. But quality and safety must be maintained. Nowhere is this truer than with the aerospace textiles segment, where durability, toughness and flexibility is allied with low weights, of importance when civil aviation operators are under pressure to reduce carbon dioxide emissions.…
BANKS STRUGGLE TO MANAGE AN EFFECTIVE AND SOPHISTICATED DERISKING POLICY
THE DE-RISKING by banks of their correspondent banking relationships is a long-standing problem and is today becoming a truly global phenomenon. From the Caribbean to the Pacific Islands, to Middle East, Africa and Eastern Europe, banks have lost correspondent relationships with international financial institutions.…
ICAO TO CONSIDER COMPREHENSIVE EXPANSION OF WORLD WEATHER DATA SERVICE
THE INTERNATIONAL Civil Aviation Organisation (ICAO) is to discuss enriching the weather forecasts supplied to airlines, airports and air traffic controllers through the World Area Forecast System (WAFS), so that pilots have much more detailed data available to avoid turbulence and tap stronger tail winds.…
AML REFORM KEY PART OF NEW UK ANTI-CORRUPTION STRATEGY
ANTI-MONEY laundering is at the core of a new UK anti-corruption strategy for the next five years (to 2022), which was published on Monday (Dec 11).
The detailed strategy includes creating a new Office for Professional Body Anti-Money Laundering Supervision (OPBAS), hosted by the Financial Conduct Authority (FCA).…
BEAUTY PRODUCT SECONDARY PACKAGERS ORIENTATE DESIGNED TO DELIVER MORE SOPHISTICATED BRANDING
PERSONAL care product packagers are taking increasing care over the design and development of secondary packaging, noting that this can impart brand value, just in the same way as the elegant primary packaging that has always been part of the personal care product experience.…
VIETNAM TEXTILE EXPORTERS LOOK TO ASIA TO BOOST SALES
VIETNAM’S textile and clothing and textile sector is looking to sell more product into Asian markets such as South Korea, Taiwan, Singapore and Japan, while solidifying its traditional export bases like the US and EU, the latest trade data indicates.
Last year, Vietnam exported USD2.28 billion’s worth of clothing and textiles to South Korea – a 7.45% gain compared with 2015, according to Vietnam customs data analysed by the Vietnam Textile and Apparel Association (VITAS). …
ANTI-FRAUD SPENDING GROWING FROM LOW BASE – BUT LACK OF RISK ASSESSMENTS IMPEDES EFFORT
ANTI-FRAUD measures are expensive, and investment is growing from a low base yet surprisingly few companies keep tabs on the impact of fraud on their profit/loss margins.
Annual fraud losses are estimated to cost the UK more than GBP193 billion (USD240 billion), according to the 2016 Annual Fraud Indicator report prepared by the Centre for Counter Fraud Studies at southern England’s University of Portsmouth in partnership with data services group Experian and accountants PKF Littlejohn.…
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.…
LAWYERS UNDER INCREASING PRESSURE TO ENSURE CONVEYANCING IS NOT TAINTED BY DIRTY MONEY
How much dirty money can get into global property markets as a result of crooked or incompetent lawyers? While legal professions representative bodies say the problem is not widespread and lawyers take their conveyancing responsibilities seriously, the court record suggests there are rotten apples.…
DIGITAL APPS HOLD KEY TO FRAUD INVESTIGATIONS, SAY DEVELOPERS
THE GROWING importance of computer apps (applications) in fraud investigation has been highlighted at an expert conference – Forensics Europe Expo, the annual exhibition for the international and digital forensic communities held at the Olympia exhibition centre in London in May.…
EBRD BANKER JAILED FOR TAKING USD3.5 MILLION IN US BRIBES
A banker with the London-based European Bank for Reconstruction & Development (EBRD) has been jailed for six years by London’s Old Bailey Central Criminal Court of England and Wales on June 20 for taking USD3.5 million in bribes from a consultant, plus two years for money laundering to run concurrently.…
BREXIT MAY SPARK INNOVATION IN RURAL ECONOMY SAY EXPERTS
No-one knows for sure just what deal the UK is going to end up with at the end of the two-year Brexit negotiation period – and just how that will affect British landowners and the agricultural sector. The general election result (due as Land & Business went to press) may begin the process of bringing some clarity to what remains for now something of an art in informed crystal ball gazing.…
ACCOUNTANCY PROFESSION UNDER THREAT FROM MACHINES, SAY SUSSKINDS
Machines are taking on more and more tasks traditionally carried out by accountants, Professor Richard Susskind OBE and his son Dr Daniel Susskind, an economics lecturer at the University of Oxford, UK, have warned. They were speaking at a ‘Digital Day’ conference in Brussels, staged on March 29, in a ‘What future for the professions?’…
EU AND UK SANCTIONS AFFECTING ROSNEFT ARE LEGAL, SAYS ECJ
A EUROPEAN Court of Justice (ECJ) judgement has confirmed the legal right of the European Union (EU) and the UK to subject Russian oil companies to financial sanctions and implement them using criminal law. These rights had been challenged by Russian oil and gas major Rosneft, and the case had been subsequently referred to the ECJ by the High Court for England and Wales.…
EU AND UK SANCTIONS AFFECTING ROSNEFT ARE LEGAL, SAYS ECJ
A EUROPEAN Court of Justice (ECJ) judgement has confirmed the legal right of the European Union (EU) and the UK to subject Russian oil companies to financial sanctions and implement them using criminal law. These rights had been challenged by Russian oil and gas major Rosneft, and the case had been subsequently referred to the ECJ by the High Court for England and Wales.…
UK PAINT SECTOR PREOCCUPIED WITH BREXIT AS GROWTH CONTINUES REGARDLESS
It is fair to say the eyes of the UK paint and coatings industry are firmly on Brussels and Downing Street now that Article 50 has been triggered and negotiations on Britain quitting the European Union (EU) are now under preparation.…
SFO BUDGET CUTS COULD SCUPPER UK FIGHT AGAINST BRIBERY, OECD SAYS
Ongoing concerns about underfunding and even the future abolition of the Serious Fraud Office (SFO) could hamper the UK’s fight against bribery, according to the latest assessment report from the Organisation for Economic Cooperation and Development (OECD) working group on bribery.…
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.…
VIETNAM MUST GET SMARTER ON HR AS GROWING ECONOMY PULLS IT TOWARDS MID-INCOME STATUS
HUMAN resources specialists are advising Vietnam’s government and private sector to get smarter over their personnel policies if it wants to maintain the productivity improvements that have helped pull this southeast Asian country out of poverty.
A report released in October (2016) by the Institute of Chartered Accountants in England and Wales (ICAEW) on the issue has cited research from the International Labour Organisation (ILO) to highlight Vietnam’s strong record: the report notes that Vietnam’s productivity grew 184% from 1991-2012, far surpassing Thailand’s 85%, Singapore’s 81% and Malaysia’s 80% growth over the same period.…
CAUTION ESSENTIAL WHEN COOKING BURGERS AND MINCED BEEF, EFSA NETWORK RECOMMENDS
A PRECAUTIONARY approach should be used when cooking beef burgers or minced beef, European Union (EU) experts have suggested at a meeting of a network on microbiological risk assessment hosted by the European Food Safety Authority (EFSA) at its Parma, Italy, headquarters.…
EU PUSHES FOR MORE CONTROLS ON TATTOO INKS
THE EUROPEAN Chemicals Agency (ECHA) is investigating if European Union (EU)-wide controls are needed to protect consumers against substances used in tattoo inks and permanent make-up (PMU) – with one solution expanding the scope of the EU cosmetics directive.
While the printing ink industry has suffered a recession, the tattoo and PMU ink sectors are booming in the wake of a huge increase in purchases of tattoos EU-wide.…
MAKING SURE THE EUROPEAN COMMISSION PRACTICES WHAT IT PREACHES
The European Commission needs to reform its governance systems to boost its efficiency and make it less prone to corruption scandals, Lazaros Lazarou, the Cypriot member of the European Union’s (EU) financial watchdog, the European Court of Auditors, has told Accounting & Business.…
IRELAND STILL STRUGGLE WITH PARAMILITARY-LINKED MONEY LAUNDERING
As the Northern Ireland government lurched from crisis to political crisis in recent years there has been less focus on the rivers of dirty money flowing through and out of the province, the results of criminal enterprises run by Ulster’s paramilitaries.…
CHINA WIND ENERGY EXPANSION BOOSTS ENERGY-SECTOR PROTECTIVE COATINGS SALES
As offshore wind takes off, China’s expanding wind turbine and clean energy manufacturing sectors are demanding more specialised coatings. China is the biggest market in the world for wind power installations: Chinese installations match the figure for the entire European Union (EU) according to the EU Chamber of Commerce in China.…
TEXTILE MATERIALS MANAGEMENT BRIEFING
COTTON
Cotton maybe one of the most popular fibres for clothing and accessories because of its universality, timelessness, and availability, but this past year has shown that the fibre is not immune to volatile economic markets. World cotton production fell by 17% to 21.65 million tonnes in 2015-2016, the lowest volume since 2003-2004, according to the International Cotton Advisory Committee (ICAC).…
CONFECTIONERY and sweet bakery industry chiefs have moved beyond their initial shock at the UK Brexit referendum vote to leave the European Union (EU) to consider their best case scenarios for a future with Britain outside the 28 country bloc.
As an immediate step, employers and industry associations have been trying to reassure staff who are non-UK EU nationals working in Britain about their status.…
BREXIT WILL CHALLENGE BRITAIN, BUT WILL GENERATE PLENTY PF WORK FOR ACCOUNTANTS
AS Theresa May became British Prime Minister on July 13, 2016, she has admitted she faces the toughest of briefs. Unravelling 43 years of close legal relations with the UK’s European Union (EU) neighbours will be complex, difficult, and involve some serious economic and financial losses on the way.…
MONGOLIA’S GROWING CASHMERE SECTOR NEEDS TO DEVELOP LOCAL MANUFACTURING AND QUALITY CONTROL
MONGOLIA’S raw cashmere production is growing. The number of goats supplying this luxury fibre increased by 2.9 million to 24.9 million in 2015 compared with 2014, bringing production to 7,470 tonnes last year, according to Mongolia-based Monital Cashmere.
Indeed, the country’s major cashmere manufacturer the Gobi Corporation, stresses that Mongolia is the world’s second largest producer of cashmere – supplying 41% of global production (in 2014), second only to China.…
SURVEY FINDS FRAUD NUMBER ONE CRIME IN ENGLAND AND WALES
A report on crime figures from the UK Office for National Statistics (ONS) has shown that people are now more likely to be a victim of fraud than any other crime, with one-in-10 adults defrauded in the past 12 months. There were almost six million fraud and cybercrimes committed in 2015, with most cases – 2.5 million – related to bank account and credit card fraud, followed by non-investment fraud, such as online shopping scams.…
BANKS NEED TO BOX CLEVERER TO FIGHT BANKING CYBERCRIME
Banking security chiefs and their opponents in their opponents in the underworld of cybercrime are fighting a “cold war arms race” with no long-term solution in sight, fraud specialist academics have told Fraud Intelligence.
And if anyone should doubt that this threat is not just profound, but global in scope, witness that Russia’s Federal Security Service (FSB – Federalnaya Sluzhba Bezopasnosti) announced last month that it had arrested 50 members of a gang believed to have been responsible for a Russian Roubles RUB1.7 billion (USD 26.6 million) bank cyberhack using the Trojan programme ‘Lurk’ to collect customer data.…
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.…
Brexit vote on a knife-edge
Yet the good old British public is defying its political leaders and employers in its tens of millions. Why? There are a number of reasons, some of them more ‘tangible’ than others. I’ll attempt to list the main ones.
IMMIGRATION
The EU is associated in the public mind with immigration because it allows the free movement of labour.…
MYANMAR’S NASCENT ACCOUNTANCY PROFESSION SET FOR STANDARDS BOOST
MYANMAR, the world’s newest democracy, is taking steps to improve its financial reporting. Its reforms are new – as befits a country that saw its first and only stock exchange – the Myanmar Securities Exchange Centre (MSEC) – open on March 25.…
INNOVATION LEAPS AHEAD IN RAILWAY ENERGY SYSTEMS
INNOVATIVE ways of powering trains are poised for mainstream use in the global transport industry. Today, the most common trains are still those powered by diesel engines, but there is a continuing shift towards electricity and alternative power sources.
“With rail expected to play an increasingly important role in future transport systems…there is a lot of focus on how it should be more energy efficient,” said Andrew Foulkes, a communications manager at Ricardo Rail, a UK-based railway engineering and consultancy firm.…
WHOLESALERS AND THEIR SUPPLIERS NERVOUS ABOUT BREXIT, GENERALLY PREFER UK TO REMAIN IN EU
Wholesalers and their suppliers are overwhelmingly in favour of the UK remaining within the European Union (EU) despite frustrations over issues including corruption and overweening red tape from Brussels’ bureaucracy.
As the UK’s June 23 in-out referendum on the EU approaches, minds have been focussing on how the key areas of cost, labour mobility and common regulation might affect the overall wholesale picture – as well as supply segments including food, drinks and tobacco.…
INTERNATIONAL REGULATORY ROUND UP – EU CONFECTIONERS WARN OF EUROPEAN SUMMER SUGAR SHORTAGES
THE COMMITTEE of European Sugar Users (CIUS) has called on the European Union (EU) to take urgent action to prevent EU confectionery and sweet bakery manufacturers facing a sugar supply crunch this summer. In a strongly worded message, the industry group has said that duties and levies should not be imposed on supplies of beet and cane sugar and the EU’s cane sugar ‘CXL’ duty should be scrapped immediately.…
JAPANESE COMPANIES KEEP THEIR COUNSEL OVER BREXIT – BUT SOME COULD QUIT BRITAIN IF UK LEAVES THE EU
Almost certainly the vast majority of UK-based Japanese-owned businesses want Britain to stay in the European Union (EU) after the in-out EU membership referendum planned for June 23.
However, few companies have stated this publicly and no Japanese company has yet said it would move elsewhere if there was a vote to leave.…
ACCOUNTANTS PEER INTO THE UNKNOWN ON FUTURE TAX POLICY, AS BREXIT VOTE LOOMS
ACCOUNTANTS are starting to tangle with the knotty question of whether to support Britain remaining in or quitting the European Union (EU) after the scheduled in-out referendum on June 23. While many UK captains of industry and business have publicly called for Britain to stay in, citing the advantages of freely accessing the EU’s 503 million person market and its trained labour pool, the question for accountants is not that simple.…
CONCERN EMERGES OVER MINERALS EUROPEAN R&D FUNDS IF BRITAIN QUITS EU
Fears have emerged that UK minerals companies could be left behind in terms of vital research and development if Britain leaves the European Union (EU) following the now scheduled June 23 in-out referendum. Industrial minerals experts and industry chiefs have been focussing on the consequences of a ‘Brexit’, but – in contrast to other industries – they have been concentrating on the potential impact upon R&D – the key to the locating and developing new deposits.…
BREXIT REFERENDUM PROMPTS UNCERTAINTY WITHIN NON-FERROUS METAL INDUSTRY
Uncertainty is growing within industry associations influencing the non-ferrous metals industry over the prospect of Britain leaving the European Union (EU) after a scheduled in-out referendum on June 23.
René van Sloten, executive director of industrial policy at The European Chemical Industry Council (Cefic), representing key suppliers to metal manufacturers, said: “If the result…is indeed that Britain would leave the EU, this would significantly impact on the way it trades with other European countries.…
UK GOVERNMENT PONDERS BENEFICIAL OWNERSHIP DECLARATION RULES FOR FOREIGN COMPANIES
THE BRITISH government has launched public consultation on plans to force foreign companies who want to buy property in England and Wales or secure English public procurement contracts to declare beneficial ownership information.
The UK department for business, innovation & skills wants comments by April 1 and says it plans to develop formal proposals later this year (2016).…
COURT BACKS SFO OVER HANDLING OF ELECTRONIC FILES SUBJECT TO LPP
England’s High Court has backed the UK Serious Fraud Office (SFO) over the way it handles and identifies electronic material subject to the right to non-disclosure through legal professional privilege (LPP). In a case brought by an individual under investigation, the court ruled on January 27 that the SFO did have a right to use in-house technical experts rather than external contractors to isolate material embedded in seized electronic devices, such as USB keys or laptops, potentially subject to LPP, before passing it on to independent lawyers for review.…
MALWARE-AS-A-SERVICE SO COMMON, BUSINESSES MUST TREAT IT AS A PERMANENT THREAT, SAY EXPERTS
WITH advances in technology making it increasingly possible for malware kits to be bought and used by people with relatively little IT knowledge,
‘cybercrime-as-a-service’ systems are causing anti-fraud professionals sharper and sharper headaches. This is regardless of whether they work for banks, police forces or in company IT departments.…
UK SETS UP NEW ANTI-FRAUD TASKFORCE
THE BRITISH government is launching a new regulatory, business and law enforcement taskforce to crack down on the more than 5 million frauds that are undertaken annually in the UK. This Joint Fraud Taskforce will bring together the City of London Police, the National Crime Agency, Financial Fraud Action UK, the Bank of England, fraud prevention body Cifas, plus bank and credit card companies.…
OFFICE OF NATIONAL STATISTICS DETAILS GROWING FRAUD CASES IN UK
THE AMOUNT of fraud committed in the UK appears to be rising, according to a detailed report from the Office of National Statistics (ONS) – although the agency accepts the many difficulties in gathering reliable data on the topic. A headline figure generated by the ONS based on data from the Crime Survey for England and Wales (CSEW), UK fraud reporting body Action Fraud (which feeds information into the crime survey), plus industry bodies Cifas and Financial Fraud Action UK (FFA UK) suggest that in the year ending September 2015, 604,601 fraud offences were recorded in England and Wales – 11 offences per 1,000 population.…
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.…
ACCOUNTANTS EVER MORE TIGHTLY INVOLVED WITH ANTI-MONEY LAUNDERING SYSTEMS, CONFERENCE HEARS
Financial experts struck off for misconduct from professional bodies, such as the Association of Chartered Certified Accountants (ACCA), should be actively barred from working as accountants, a Brussels conference on ‘Fighting Money Laundering and Terrorist Financing: The Role of Accountants and Finance Professionals’ has heard.…
CONGRESS HEARS CALL FOR MORE AFRICAN ACCOUNTANTS, BETTER TAX SYSTEMS, AND MORE WOMEN PROFESSIONALS
While many economies in Africa are growing fast, there is a consensus amongst accountants that the continent has to build its business reporting and administration to make sure this growth is sustainable. Indeed, the third African Congress of Accountants (ACOA), staged in Port Louis, Mauritius, from May 11 to 14, heard that this essential work is needed now, even as some countries remain marred by severe socio-political unrest, economic instability, poverty, famine and disease.…
INTERNATIONAL COOPERATION AGAINST SMUGGLERS WORKS – SAY OFFICIALS AND INDUSTRY
EUROPEAN cigarette smuggling has evolved and diversified over the past ten years, and international cooperation is often the best way to counter them, argue European Union (EU) anti-fraud officials. Meanwhile, the tobacco industry has accepted that liaising with these initiatives does bring benefits.…
INNOVATIVE PROJECT BRINGS OLIVE OIL WASTE BACK INTO PRODUCTION CYCLE
A BREAKTHROUGH project that could return all olive oil waste back to the olive oil production cycle by turning it into onsite energy could bring significant profit margin improvements to the industry, while reducing its environmental impact.
The European Union (EU)-funded pilot project Biogas2PEM-FC, based in Andalucía, southern Spain, uses “valourisation” techniques to deal with waste, as opposed to the traditional method of “depositing or using physical, physicochemical or biological methods for detoxification, which is costly,” explained Per Ekdunge, the Swedish fuel cell technology company PowerCell’s vice president and chief technology officer.…
PLASTIC BANKNOTES MAKE LIFE HARDER FOR COUNTERFEITERS
PLASTIC banknotes have been in circulation since their introduction in Australia in 1988 and their use is expanding. Counterfeiters beware. Alan Osborn, in London; Kitty So, in Ottawa; and Lee Adendorff, in Byron Bay, Australia, report.
FAKING banknotes is considerably more difficult on plastic than on cotton-based paper, and while printing technology improvements may aid forgers, central banks seem happy to avail themselves of the competitive advantage.
…SUBSEA LINE TECHNICAL AND LEGAL CHALLENGES INTENSIFY
The challenge of maintaining the integrity and efficient operation of remote oil and gas pipelines under deep water will become more taxing in future. And their potential failure will cost companies more in commercial losses and in regulatory penalties, according to industry experts.…
EUROPE STUTTERS TOWARDS LIMITED SHALE GAS PRODUCTION
As they looks at the rewards of shale gas production seen over recent years in the US, European producers are edging closer to commercial shale gas production. However, it faces a wide range of challenges, and the debate within Europe over shale gas is intensifying.…
FRAUD AND CYBERCRIME RISES IN BRITAIN, WHILE OVERALL CRIME FALLS
Fraud offences in the UK rose 5% in the 12 months ending September 2014 year-on-year according to the country’s national fraud and cybercrime reporting centre Action Fraud. It recorded 213,000 instances: four per 1,000 (0.4%) people.
The UK’s Office for National Statistics meanwhile has reported that 5.2% of bank and credit card owners in England and Wales suffered from card fraud over the same period, compared with 4.6% in 2012/2013.…
PLASTIC BANKNOTES HELP REDUCE CASH COUNTERFEITING
Plastic banknotes have been in circulation since their introduction in Australia in 1988 and the consensus so far seems to be that they do an excellent job of a key requirement – reducing counterfeiting. It may be that forgers will gain more expertise in time – faking is considerably more difficult on plastic than on cotton-based paper – but the initial reports from larger countries that have taken this route, such as Canada, Australia and New Zealand, have persuaded the UK’s Bank of England to follow them.
…PLASTIC BANKNOTES HELP REDUCE CASH COUNTERFEITING
Plastic banknotes have been in circulation since their introduction in Australia in 1988 and the consensus so far seems to be that they do an excellent job of a key requirement – reducing counterfeiting. It may be that forgers will gain more expertise in time – faking is considerably more difficult on plastic than on cotton-based paper – but the initial reports from larger countries that have taken this route, such as Canada, Australia and New Zealand, have persuaded the UK’s Bank of England to follow them.
…NURSES SHOULD BE BETTER INFORMED ABOUT EBOLA, SAYS WHO
NURSES should be well informed about the Ebola virus: how it is spreads; how it is transmitted; how they can protect themselves; what the preventative measures are; and above all, how to put on and take off the personal protective equipment.…
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.…
DISAGREEMENTS HAVE SLOWED BANGLADESH AUDIT REFORM, BUT DEAL SEEMS TO HAVE BEEN SECURED
The Bangladesh cabinet on Monday (Nov 10) finally proposed a long awaited law to regulate Bangladesh’s audit profession, which had been stalled amidst disagreements between auditors and management accountants
A draft Financial Reporting Act will now be presented for a vote by the country’s parliament, the Jatiyo Sangshad, although the government has yet to release full details.…
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.…
TECHNOLOGY AND CUSTOMER DEALS TO THE FORE IN AIRPORT PARKING
Tougher security regulations are restricting the ability of airport managers to provide adequate car and bus parking, a headache given these services are a frequent target of consumer advocacy groups. Complaints range typically from price through availability to ease and airports of all sizes need to balance customer satisfaction against the need for revenue and the demands made by security regulations.…
BIG DATA HELPS PHARMA COMPANIES DESIGN DRUGS, BUT CHALLENGES ABOUND
Big data is creating a growing range of opportunities that can help the global pharmaceutical industry develop and manufacture drugs more effectively. However, the industry faces a number of challenges in the way it manages and analyses the increasingly broad range of data that is available, with collaboration essential for the industry to capitalise on the potential of the big data explosion.…
NEW FINANCIAL CRIME SENTENCING GUIDANCE RELEASED FOR ENGLAND AND WALES
DETAILED sentencing guidance for judges and magistrates in England and Wales trying fraud, money laundering and bribery cases has been released, stressing non-financial harm to victims must be taken into account along with monetary losses.
The Sentencing Council for England and Wales has released comprehensive sentencing tables categorising the judicial response to each of 20 financial crimes, where proven, taking account of a criminal’s role, the vulnerability of the victim, the scale of the scam and suffering caused. …
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.…
MANAGEMENT BRIEFING - DEVELOPMENTS IN 3D TECHNOLOGY IN THE APPAREL INDUSTRY
THREE dimensional (3D) technology – while well established in many other industrial sectors like aerospace, architecture and industrial design – is still relatively new to the fashion industry. Analysts are describing it as ‘disruptive’ technology, capable of transforming the way apparel companies do business, from prototyping and pattern making using 3D models to the creation of 3D digital catalogues and a range of customer centric services based on 3D body scanning and sizing.…
OCEAN ENERGY INNOVATION MOVES AHEAD, POTENTIALLY OPENING NEW GREEN ENERGY FRONT
LONG-TERM support for the wave and tidal energy industries has been announced by the European Commission, which this spring said it intended to support “the rapid development of key ocean energy technologies at the European level”.
European Union (EU) energy Commissioner Günther Oettinger said: “Ocean energy has a significant potential to enhance the security of supply”, adding that “a wide portfolio of renewable energy sources -including ocean energy” was necessary if non fossil fuels were to become “mainstream and integrated into the European energy system.”…
EU APPROVES AUDIT REFORM AND FINANCIAL REPORTERS AWAIT IMPACT
The European Union (EU) has ended nearly four years of speculation and uncertainty for auditors by agreeing a package of audit reforms that reflects major signs of compromise but which nevertheless will bring about big changes in the profession. The clear hope is that the changes will lead to a more competitive and effective audit profession, thereby helping prevent a repeat of the financial crisis of the last few years.…
ECC-NET’S 2013 ANNUAL REPORT - NATIONAL UNIT ROUND UP
AUSTRIA
The location of ECC Austria in central Vienna means many consumers drop by to receive advice or lodge complaints in person with the ECC’s five staff members. A top priority in 2013 was increasing public awareness about e-commerce fraud; a brochure aimed at combatting the problem was published and more than 600,000 were distributed throughout Austria.…
UK REGIONAL AIRPORTS PUSH AHEAD WITH ROBUST EXPANSION
WHILE the debate over British airport capacity and expansion has focused on the comparatively rich and crowded south-east England, regional airports across the UK have been increasing passenger numbers and footprint substantially. In each case, airport management has had to negotiate long-term expansion plans against the vagaries of the economic climate.…
URBAN DWELLERS OF ALL VARYING WEALTH INCREASINGLY TARGETED BY INFORMATION FRAUDSTERS
INFORMATION services company Experian has concluded that British urban centre residents are being increasingly targeted by identity thieves and fraudsters. In its fifth annual Fraudscape report, written with UK fraud prevention service CIFAS, Experian said fraudsters had moved away from a strong 2009 focus on affluent UK households, especially in the suburbs or semi-rural locations.…
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.…
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.…
EUROPE’S COGENERATION MARKET NEEDS A BIG PUSH FROM GOVERNMENTS TO PROSPER IN THE LONG TERM
IT is a curious irony that for an industry as technical as cogeneration that maybe the biggest handicap to its sustained growth in Europe is actually emotional. Both commercial markets and governments are swayed by sentiment as well as hard cash – and currently both influences are failing to pull in co-gen’s favour.…
EUROPE’S COGENERATION MARKET NEEDS A BIG PUSH FROM GOVERNMENTS TO PROSPER IN THE LONG TERM
IT is a curious irony that for an industry as technical as cogeneration that maybe the biggest handicap to its sustained growth in Europe is actually emotional. Both commercial markets and governments are swayed by sentiment as well as hard cash – and currently both influences are failing to pull in co-gen’s favour.…
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.…
PERSONALISED MEDICINES ARE AN ADVANCE – BUT WILL INCREASE PRESSURE ON NURSES
PERSONALISED medicines offer the chance of tailoring treatments for the age, gender and genetic make-up of patients. And while this offers the chance of better care and the minimizing of side-effects, the use of such medicines have obvious management demands, especially for nurses.…
LAWYERS FIGHT BACK OVER MONEY LAUNDERING OBLIGATIONS
LEADING law associations worldwide are joining forces to publish in-depth case studies of how lawyers and other legal professionals become unwittingly enmeshed in money laundering by clients.
The Money Laundering Bulletin has learned that the London-based International Bar Association (IBA) is to produce such a report amid disgruntlement over a June 2013 study in which the Financial Action Task Force (FATF) published typologies of money laundering methods in which lawyers were involved.…
AGEING OFFERS BENEFITS TO THE PHARMA SECTOR – BUT TARGETED RESEARCH IS NEEDED
It is almost received wisdom that significant sales opportunities will emerge for pharmaceutical manufacturers as the world’s population gets older, especially in rich world markets and ageing China. However, as drug companies attempt to capitalise on demand for treating old age-linked diseases such as cancer and dementia, they face several significant challenges.…
INTERNAL FRAUD COSTS MORE THAN IMAGINED – UK FRAUD UNIT
ORGANISATIONS need to appreciate both the scale of damage done by internal fraud, and the need for adequate vetting, a new British government report called ‘The True Cost of Insider Fraud’ urges. The study for CIFAS, the UK’s Fraud Prevention Service analyses how internal frauds include sums taken by the fraudster as well as investigation costs, disciplinary measures, fines, compensation and intangibles such as impact on morale, reputation or share price.…
EUROPE: OECD REPORT EXPOSES SERIOUS EDUCATION GAPS IN EU
A major international survey of education standards has found serious weaknesses in the EU countries when compared to levels in other parts of the world. In spite of the heavy investment in higher education in recent years in the EU, the study suggests that a fifth of the working age population has worrying low literacy and numeracy skills and a quarter of adults lack the digital skills needed to effectively use ICT.…
BRUSSELS ANNOUNCES MAJOR MEAT AND LIVESTOCK SECTOR RESEARCH PROJECTS
THE EUROPEAN Commission has announced funding for three major research projects designed to promote innovation in the meat and livestock sector. They will be launched on Wednesday (Nov 6) and funded by the EU’s outgoing Seventh Framework Programme for Research and Technological Development (FP7), which ends next month (December 31).…
EU HEALTH CONFERENCE
THE EXTENT of waste in Europe’s austerity-hit public health services was one of the ‘elephants in the room’ – a big issue seldom discussed – identified by a professionals’ conference in Brussels, Belgium, on September 4 and 5.
150 delegates at the European Public Health Alliance (EPHA) annual conference heard that, on average, between 3% and 10% of budgets for European Union (EU) national health systems was lost through waste, but in some cases could even reach 30%.…
PILOT RESULTS CONVINCE DEFRA TO CONTINUE CATCHMENT LEVEL FOCUS
EVEN if the UK department for environment, food and rural affairs (DEFRA) has yet to decide whether managing water supplies on a catchment area basis is a positive move overall, it is happy that the past two years’ pilot projects have created some tangible benefits.…
UK POWER PILOT COULD UNLEASH NEW DEMAND FOR LITHIUM BATTERIES
THE DEMAND for lithium from large batteries designed to store and redistribute electricity from the grid could surge if a British pilot project proves a success. It involves building Europe’s largest lithium battery, at southern England’s Leighton Buzzard at a cost of British Pounds GBP13.2 million (USD20.4 million).…
GOVERNMENT’S PSYCHOTHERAPY PROGRAMME OFFERS CAREER OPPORTUNITIES FOR NURSES
THERE has been a sharp rise in the number of British health practitioners being trained in psychotherapy, giving nurses a significant opportunity to diversify their skill-set, enrich their careers and make more money.
The opportunity has come from the Increased Access to Psychological Therapy (IAPT) programme.…
MAJOR BAVARIA GAS CO-GEN PROJECT WILL HELP GERMAN GOAL TO DITCH NUCLEAR ENERGY
The 9.5MW J920 FleXtra gas engine formally installed in May this year by the municipal utility Stadtwerke Rosenheim, in Bavaria, Germany, ticks off a number of important innovations. The largest gas engine yet developed by the Austrian company GE Jenbacher, the unit is seen by the company as an illustration of the role distributed energy is now playing in Germany’s ‘Energiewende’ – the country’s policy to halt all nuclear power by 2022 and replace it with natural gas, renewable energy, and greater use of energy efficient technologies.…
APPAREL MANUFACTURERS SEEK SUSTAINABLE OPTIONS SUCH AS ECOLABELS, CLOSED LOOP SUPPLY CHAINS
The challenges of working out whether textiles are sourced, produced or manufactured ethically are magnified by the plethora of eco-labelling schemes that apply to the industry. According to the Vancouver, Canada-based Ecolabel Index (www.ecolabelindex.com) there are 436 ecolabels worldwide, of which at least 24 cover textiles, clothes, other apparel and garments (while several others potentially overlap into the industry).…
WASTE-TO-ENERGY GASIFICATION: A GAME CHANGER?
WASTE -to-energy gasification is a game changer, experts say, because it offers renewable and low carbon heat and power, security of supply and short delivery times when energy prices are high.
Advanced thermal gasification, as opposed to combustion – burning waste in an incinerator to produce energy, is “clean, safe, very efficient, and being of a moderate scale is acceptable to local communities, because nobody wants a huge incinerator in their back yard,” stressed George Willacy, the chairman of Refgas UK, a Flintshire-based specialist in gasification fuelled by waste and biomass.…
GRI INITIATIVE LAUNCHED FOURTH VERSION OF ITS NON-FINANCIAL REPORTING GUIDELINES
“We use our earth as if we have a planet and a half; we have a deficit relation with our natural resources. The biggest challenge facing not just business, society and government, but humanity is the question of our sustainability. And business, as usual, will do nothing to solve it.”…
TEXTILES AND CLOTHING HELP ROBOTS PERFORM FUNCTIONS, INTERACT WITH PEOPLE
WHILE textiles, clothing and textile-based soft materials have not traditionally been a focus in robotics, researchers in the United States (US) especially are increasingly combining the two to perform certain functions, such as helping robots to ‘touch’ and ‘feel’ their environment.…
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.…
EU EXPECTED TO SET EURO 960 BUDGET TO 2020 – UTILITIES CAN BID FOR MONEY
THE EUROPEAN Union’s (EU) long term budget for 2014-2020 (called the multiannual financial framework (MFF) in Brussels’ famously complex jargon) is currently in limbo following a vote by the European Parliament last month (March) to reject the deal. The political deadlock is not likely to last, nor are the actual figures, agreed by EU heads of government in February, likely to be much changed, though.
…BRITISH ACCOUNTANT TELLS HOW HE HELPS RUN KAZAKHSTAN’S ECONOMY
IT seems for all the world like the setting for a Graham Greene novel: a British-trained chartered accountant in charge of an almost unfathomably wealthy state-owned holding corporation in a distant outpost.
Yet Greene would barely recognise the 21st century context in which Our Man in Kazakhstan operates.…
EU FINANCIAL TRANSACTIONS TAX RUFFLES FEATHERS
TO listen to opposing sides in a polarised debate, February 14, 2013, could go down in European business history as a St Valentine’s Day Massacre of Europe’s capital markets or as the start of a beautiful love affair with regulation that could help to prevent speculative trading turning boom to bust.…
GROOMING THE ROLE OF CLINICAL RESEARCH NURSING
IN Britain clinical research costs a whopping GBP8 billion or more annually, making up third of all research and development expenses in the economy, says the UK Clinical Research Collaboration (UKCRC) group. But clinical research nurses (CRN) who play a crucial role in such work, are in short supply.…
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…
GLOBAL HARMONISATION OF ANTI-FRAUD LAWS WAY OFF – AND ENFORCEMENT IS THE REAL PRIORITY, SAY EXPERTS
NOONE has been hanged for fraud in England since 1811, but not every country is so advanced: today the death penalty is still applied for people convicted of fraud in China, Iran and North Korea among others. And even below the ultimate sanction, deterrents to committing fraud can look frightening in many countries of the world.…
CANADA’S BUDGET WATCHDOG TAKES ON SECRECY-DRIVEN GOVERNMENT
FOR critics who claim financial reporting is boring – accounting professionals should point to Canada’s Parliamentary Budget Officer Kevin Page. He has created a unit with a limited staff and budget, taking on a government with a taste for secrecy, and still released reports revealing cost assessments that have made headlines.…
MATCH-FIXING PROVOKES CALL FOR MORE FINANCIAL PROFESSIONALS IN SPORT
SPORTS regulators, police and other ‘actors’ in the emerging global scandal over match-fixing and other forms of bribery, fraud and corruption need more dedicated accounting skills in-house to prevent, detect and prosecute offences.
“Sporting institutions are behind the curve and need specialists including people trained in forensic accounting within them,” said Dr Graham Brooks, a leading independent analyst of sports crime, and senior lecturer at the Institute of Criminal Justice Studies (ICJS) at the University of Portsmouth, in southern England.…
UK PRIMES THE CCS PUMP BUT FUTURE REMAINS UNCERTAIN
THE BRITISH government is creating a unique regime of energy price incentives to spur commercialisation of carbon capture and storage systems, yet significant barriers remain to unlocking the billions of Pounds Sterling needed to build a CCS industry of sufficient mass in the UK able to create economies of scale for investors.…
LOW TEMPERATURE CURING IS FOCUS OF INTERNATIONAL POWDER COATINGS SECTOR
BY ALAN OSBORN
COATINGS companies worldwide are developing lower temperature curing systems for powder coatings, enabling them to be applied to wood and/or plastics. Also, new acrylic resins to avoid powder coating contamination problems are being developed, Polymers Paint Colour Journal has been told.…
SOUND ACCOUNTS HELP SMEs IN THE SEARCH FOR FINANCE
BY ROBERT STOKES
SMALL and medium sized enterprises (SMEs) in the European Union (EU) complain they cannot get finance from banks, or not on reasonable terms. Banks counter that there is just not that much demand.
Politicians have responded with schemes to improve the flow of finance to SMEs.…
WESTERN ENGLAND'S BRISTOL AIRPORT PLOTS MAJOR EXPANSION
BY MARK ROWE, IN BRISTOL
BRISTOL Airport, the largest in the south-west of the UK, plans to expand its annual passenger numbers from 6 million to 9 million by 2015. At the heart of the development is a 30-point plan, which includes reconfiguring the terminal building, with an extension to the east (6,700 square metres) and west (3,600 square metres) of the existing terminal to just over double its current overall floor area.…
SIDEBAR
BY MJ DESCHAMPS, IN CALGARY
Dr Tarnia Taverner, assistant professor at the University of British Columbia’s School of Nursing knows the transition from British to Canadian nursing is not seamless. She came to Canada from England 10-years-ago as a clinical nurse, when her British army officer husband was posted in Alberta.…
BANGLADESH WOMEN'S UNIVERSITY NEW VC LOOKS TO SOLIDIFY FUTURE OF HER INSTITUTION
BY RAGHAVENDRA VERMA
THE NEW vice-chancellor of Bangladesh’s Asian University for Women (AUW) has told University World News how she plans to help her institution move forward after management disputes sparked negative publicity. Fahima Aziz was appointed four months ago and is focusing on securing quality academics and attracting more students to the university’s temporary campus in Chittagong.…
EU ROUND UP - EP APPROACHES CRUCIAL VOTE ON EU DRILLING LAW
BY KEITH NUTHALL
THE EUROPEAN Parliament’s energy committee has rejected attempts to introduce a moratorium on offshore gas drilling in the Arctic, overruling a contrary vote by the EP’s environment committee last month. Instead, the committee proposed new amendments to a proposed law on European Union (EU) oil and gas exploration, ensuring that companies have ‘adequate financial security’ to cover liabilities from any drilling accidents in all EU waters.…
EU LEGISLATION FORCES UK TO SHRINK ITS COAL POWER GENERATING SECTOR
BY ROBERT STOKES
THE SEPTEMBER 2012 announcement by utility RWE npower it would close the 2,000 megawatt (MW) coal-fired Didcot A power station in southern England has highlighted the scale and speed of large coal plant closures in Britain. European Union (EU) environmental laws are being identified as a key culprit behind this trend.…
US FACES TOUGH BATTLE WITH CHINA OVER TARIFF CASE AT WORLD TRADE ORGANIZATION
BY KEITH NUTHALL, LEAH GERMAIN AND MARK GAO, IN BEIJING
A NEW trade dispute at the World Trade Organization (WTO) in Geneva between the USA and China over protective duties could actually be a battle in a long war for supremacy in world automobile markets, an auto industry expert has told wardsauto.com.…
ALL NAMES AND TITLES CHECKED BIG GAP: STUDY SHOWS EU'S PATCHWORK UNI FEES SYSTEM
BY CARMEN PAUN, IN BRUSSELS
UNIVERSITY tuition fees cost more in England than anywhere else in Europe, according to a September 10 report from the European Commission, but the headline figures are not the whole story for students sizing up how to survive.…
ASIAN WOMEN'S LEADERSHIP UNIVERSITY (AWLU) PROJECT IN MALAYSIA CLEARS LANDHOLDING PROBLEMS
BY POORNA RODRIGO
THE LEADERS of a project to set up a women’s university in Malaysia say that they have cleared land purchase problems that had been holding up construction. Representatives of the Asian Women’s Leadership University (AWLU) Project in Malaysia now say they are on a solid path to the institution opening in 2015.…
EUROPE’S COGENERATION MARKET NEEDS A BIG PUSH FROM GOVERNMENTS TO PROSPER IN THE LONG TERM
IT is a curious irony that for an industry as technical as cogeneration that maybe the biggest handicap to its sustained growth in Europe is actually emotional. Both commercial markets and governments are swayed by sentiment as well as hard cash – and currently both influences are failing to pull in co-gen’s favour.…
INCREASINGLY ELECTRONIC NATURE OF FRAUD WILL FORCE COMPANIES TO RAISE THEIR GAME SAYS RISK COMPANY
BY KEITH NUTHALL
WITH fraud becoming ever more prevalent, complex and electronic, governments worldwide have no option but to harmonise their anti-fraud laws, a holistic international business risk assessment company has told Fraud Intelligence. At an interview in their headquarters in Ashford, Kent, southeast England, executives of the Inkerman Group added that governments also need to be more proactive in ensuring companies have online protection technology defending against hackers.…
PRIVATE SECTOR MAY BE CHP WHITE KNIGHT
BY MONIKA HANLEY, IN RIGA; ALICE TRUDELLE, IN WARSAW; CARMEN PAUN, IN BRUSSELS; EUGENE VOROTNIKOV, IN ST PETERSBURG; ROBERT STOKES, IN MALAGA; GERARD O’DWYER, IN HELSINKI; LEE ADENDOORF, IN LUCCA; ALAN OSBORN; MJ DESCHAMPS; AND KEITH NUTHALL
Such small plants have clear commercial applications and it could be – going forward – that market-based innovation, rather than government support, that will succour the sector in much of Europe during the ongoing financial and economic crisis.…
EUROPE'S COGENERATION MARKET NEEDS A BIG PUSH FROM GOVERNMENTS TO PROSPER IN THE LONG TERM
BY MONIKA HANLEY, IN RIGA; ALICE TRUDELLE, IN WARSAW; CARMEN PAUN, IN BRUSSELS; EUGENE VOROTNIKOV, IN ST PETERSBURG; ROBERT STOKES, IN MALAGA; GERARD O’DWYER, IN HELSINKI; LEE ADENDOORF, IN LUCCA; ALAN OSBORN; MJ DESCHAMPS; AND KEITH NUTHALL
IT is a curious irony that for an industry as technical as cogeneration that maybe the biggest handicap to its sustained growth in Europe is actually emotional.…
OLYMPICS TO REVOLUTIONISE UK rPET MARKET
BY POORNA RODRIGO, IN LONDON
THE London 2012 Olympic and Paralympic Games have helped to raise hopes of more joint venture deals between UK plastics recyclers and a range of food-grade plastics users keen to reduce their carbon footprints.
Management at ECO Plastics Ltd, has expanded its large and sophisticated plastics sorting facility in Lincolnshire, eastern England, through the May launch of its 10-year Continuum Recycling joint venture with Coca-Cola Enterprises Ltd (CCE), making what it claims is the world’s largest recycled plastics processing plant.…
EXPANDING PRESCRIBING POWERS FOR NURSES IN THE UK AND CANADA
BY KITTY SO, IN OTTAWA
BRITISH nurses are not alone in receiving wider prescribing powers that would include special classes of government regulated drugs, considered prone to greater potential for abuse: Canadian nurses are also gaining similar responsibilities.
The UK government changed legislation in April, to expand the prescribing and drug mixing powers of pharmacists and nurses to cover ‘controlled drugs,’ which the government falling under two legislations: the Medicines Act, managed by the UK Department of Health, and the Misuse of Drugs Act, which is controlled by the Home Office.…
RIO CONFERENCE COORDINATOR HAILS ROLE OF HIGHER EDUCATION IN CREATING A SUSTAINABLE GLOBAL ECONOMY
BY CARMEN PAUN, IN RIO DE JANEIRO
The executive coordinator of this week’s United Nations Rio de Janeiro conference on global sustainability has told University World News why she has placed higher education at the centre of the international strategy she hopes will flow from agreements made at the event.…
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.…
PUBLIC SERVICES FRAUD RISES IN ENGLAND
BY KEITH NUTHALL
BRITAIN’S National Fraud Initiative (NFI) has reported a 25% increase in fraudulent applications for government services across England, with the recession apparently increasing dishonesty. The NFI said it had identified fraud, overpayments and errors totalling almost GBPounds GBP229 million for 2010/11, compared with GBP 189 million in 2008/9.…
ALGAL R&D DEMONSTRATES MOMENTUM
BY ROBERT STOKES
ALGAE have been heralded as the universal raw material of the future for biofuels, agricultural feed, nutritional supplements, biochemicals and cosmetics. They gobble up CO2, can clean up waste water, and many will thrive in seawater when the fresh variety is usually limited to the sunnier climes where algae can be grown more cheaply.…
ALGAL R&D DEMONSTRATES MOMENTUM
BY ROBERT STOKES
ALGAE have been heralded as the universal raw material of the future for biofuels, agricultural feed, nutritional supplements, biochemicals and cosmetics. They gobble up CO2, can clean up waste water, and many will thrive in seawater when the fresh variety is usually limited to the sunnier climes where algae can be grown more cheaply.…
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.…
SURVEY REPORTS CYBER CRIME ONE OF THE TOP THREATS FOR FINANCIAL SECTOR
BY LEAH GERMAIN
LAST year (2011) cybercrime represented 38% of all economic crime in the global financial sector, reports the latest study from England’s PricewaterhouseCoopers (PwC). The report, Fighting Economic Crime in the Financial Services Sector, released on March 27, also details cybercrime accounted for 16% of economic crime in other industries.…
FEE HIKES ON THE CARDS IN CASH-STRAPPED ITALIAN UNIVERSITIES
BY LEE ADENDORFF, IN LUCCA
The threat of increased fees for Italian students looks set to become a reality in the near future as universities wrestle with shrinking state funding and budget shortfalls. While the technocrat government headed by Mario Monti tries to pass a massive reform package liberalising diverse sectors of the economy and jump-starting growth, the issue of university funding and competitiveness is coming to a head.…
LOWER LITHIUM PRICES MEANS BOOST FOR THE ELECTRIC CAR MARKET
BY JAMES FULLER
AUTOMOBILE manufacturers are preparing to make the most of an increasing supply of lithium-based batteries, as they look to ramp up their production of electric cars.
They have commented following the December launch of the USD430 million joint Russo-Chinese plant, Liotech, outside Russia’s third-largest city Novosibirsk, in Siberia.…
SINO-RUSSIAN LITHIUM BATTERY PLANT TO POUR AUTO BATTERIES INTO AN INCREASINGLY MATURE MARKET
BY JAMES FULLER, IN LONDON; AND EUGENE VOROTNIKOV, IN ST PETERSBURG
TIME was that automakers looking to expand electric car production worried about the price and scarcity of lithium – a key metal for many battery models. But no more: new production is being brought online and prices have softened dramatically over the past three years, with the recession knocking demand for other lithium-hungry products such as laptop computers and mobiles.…
BRITAIN GEARS UP TO LEAD THE WAY IN EUROPE'S ELECTRIC VEHICLE ROLL-OUT
BY DAVID HAYHURST
WITH a wide range of electric vehicles (EVs) slated to roll out across Europe throughout 2012, utilities have to seriously consider how this new transport sector will impact on their business. Because power producers will be the fuel companies of the future, once electric cars take hold of the consumer imagination, utilities will need to consider how they best serve this new consumer business.…
FINNS DEVELOP WASTE BIOGAS SCRUBBING TECHNOLOGY FOR CLEANER BOILER BURN
BY JOHN PAGNI, IN HELSINKI, AND KITTY SO
When officially opened on May 8, Finland’s new 90MW Kymijärvi 2 power station will break ground in its novel energy efficiency and environment technology: a waste-to-energy combined heat and power (CHP) production unit using clean bio-gas as its fuel.…
CLOTHING AND TEXTILE RECYCLING BRIEFING RECYCLING TEXTILES: INDUSTRY MOVES TOWARDS CLOSING THE LOOP
BY MJ DESCHAMPS
WITH fast fashion and quick turnover key commercial ingredients of today’s garment and apparel industry, excess textile production is prompting the sector to gravitate towards more recycling and reuse of materials, to conserve energy, increase sustainability and lower raw material costs.…
CRITICAL DECISIONS DUE FOR UK GAS STORAGE
BY ROBERT STOKES, IN EDINBURGH
INVESTORS want to make the United Kingdom the hot spot for new gas storage projects in the European Union (EU). The UK tops the EU’s league table of projects either applied for or with official consent: 11.1 billion cubic metres (bcm) of space compared with 4.6bcm of current operational capacity.…
AUDIT COMMISSION SAYS LOCAL GOVERNMENT MUST KEEP FIGHTING FRAUD, DESPITE CUTBACKS
BY KEITH NUTHALL
THE BRITISH government’s Audit Commission has called on UK local governments to spend money on fighting fraud, even as their income is squeezed by central government and a weak economy. The agency – itself about to be abolished because of spending cuts – has said England’s councils detected GBP185 million’s worth of fraud in 2010-11, up from GBP135 million the previous year.…
AS ENERGY AND RAW MATERIALS COSTS RISE, CONVERTERS GIVE ENERGY EFFICIENCY TOP PRIORITY
BY MJ DESCHAMPS
WITH the cost of raw materials for manufacturing rising rapidly, partly because of – but also in parallel to increasing energy prices worldwide, an industry that is both little known and very large is looking for ways to cut energy costs.…
EUROPEAN AIRPORTS BREAK AWAY FROM THE ENERGY GRID THROUGH AN INCREASING MOVE TOWARDS ON-SITE POWER PRODUCTION
BY MARK ROWE and MJ DESCHAMPS
FOR many environmentalists – and indeed many others who wonder just where our energy is going to come from in future decades – the aviation industry can seem to embody everything that is wasteful about our current fossil-fuel dependent world.…
FINANCING ESPIONAGE - MOVING MONEY AROUND THE WORLD'S SPY NETWORKS
BY PAUL COCHRANE
INTELLIGENCE agencies by their very nature are secretive. So too are budgetary expenses and the ways in which agencies finance operations, especially in foreign jurisdictions and where they carry out so-called ‘black ops’. The techniques to quietly transfer funds do not in fact differ that widely from organised crime or terrorist groups, using banking services, front companies, charities and the like.…
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.…
INTERACTION BETWEEN INGREDIENTS AND PACKAGING A KEY ELEMENT OF FUTURE DRINKS PRODUCTS
BY MJ DESCHAMPS
With drink consumers increasingly choosing beverage options that fit their lifestyles – and do not just quench their thirst – innovations taking place in drinks packaging show that in the future, containers will be just as important as contents.…
GREEN LAWS TAKE EFFORT TO ENFORCE - BUT THEY DO TRANSFORM AUTO PRODUCTION IN THE END
BY DEIRDRE MASON
RECYCLING products as large as motor vehicles; or encouraging public authorities to buy environment-friendly autos seem such good ideas, laws insisting this happens is surely just commonsense? Not so in Europe, it would appear, where a string of countries are in trouble for not implementing the European Union’s recent (EU) green procurement directive; and one – Italy – is facing potential legal action for flouting the EU’s end-of-life vehicles (ELV) directive, even though these was approved in the year 2000.…
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.…
CHRISTCHURCH BUSINESSES MOVE TOWARDS RECOVERY AFTER EARTHQUAKE
BY KARRYN MILLER
ON February 22 New Zealand’s second largest city, Christchurch, felt the earth tremble. Still unsettled from the 7.1 magnitude earthquake that hit in September 2010, the country’s self-styled garden city was struck by a 6.3 magnitude aftershock that proved to be more damaging than the initial quake.…
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.…
Climate change spreads infectious diseases worldwide
The UK is by no means an exception to this trend. A recent study from the University of Plymouth concluded that the most dangerous climate-change linked threat to Britain’s environmental health could be vector borne diseases (such as Leishmaniasis – carried by the sand fly) which could spread to new areas because of warming temperatures.…
CERAMIC AND GLASS MATERIALS COMBINE TO FORM ECO-FRIENDLY PRODUCT
BY CHARLIE WALLIN
UK ceramic experts from the University of Central Lancashire have teamed up with a commercial recycler and social welfare charity Recycling Lives, of Preston, also in Lancashire, to create a unique eco-material that can be used in architecture and interior design.…
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.…
PWC SENIOR PARTNER IN INDIA SAYS AUDITING IS TIGHTENING UP INDIA FOLLOWING SATYAM SCANDAL
BY RAGHAVENDRA VERMA
The past two years have been tough for Price Waterhouse, India’s branch of PricewaterhouseCoopers (PWC). The firm has been caught up in the billion dollar Satyam scandal that exploded onto the world’s newspapers, televisions and computer screens from January 2009.…
NANOTECHNOLOGY LEADING INNOVATION IN POWER GENERATION
BY MARK ROWE
NANOTECHNOLOGY is playing an increasing part in the European Union’s (EU) ambitious binding EU-wide target to source 20% of energy needs from renewables, including biomass, hydro, wind and solar power, by 2020. The principle applied in other industries – that materials, elements and components exhibit different, often highly energy-efficient properties at the nanoscale – has sparked widespread interest within the energy field.…
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.…
NEW EU GAS LAW AIMS TO SOOTH WINTER-TIME SUPPLY FEARS
BY ALAN OSBORN
WINTER always beings jitters to European utilities. Will Russia cut off gas to a neighbouring country because of a payment row? Until major new pipeline routes are in place, such as Nord Stream or Nabucco, this concern will continue.…
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.…
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.…
EU ROUND UP - NEW PLAYERS EMERGE TO DELIVER CAUCASUS GAS TO EUROPE
BY KEITH NUTHALL
NEW competitors for shipping gas to the European Union (EU) from the Caucasus are emerging, while Turkmenistan has announced a major new gas find. The Turkmen government is claiming guaranteed gas supplies to Europe, by quadrupling exports over the next 20 years, after unveiling a major new gas field.…
AUSTRALIA BANKNOTE BRIBERY SCANDAL DAMAGES CENTRAL BANK'S REPUTATION
BY BARBARA BIERACH
WHILE the Reserve Bank of Australia has a licence to print cash, two subsidiaries wanted one too, it seems – only using international sales agents to bribe foreign public officials over banknote printing contracts. Barbara Bierach reports from Sydney.…
THE STRANGE AND UNUSUAL OF JUST-STYLE 2010
BY MJ DESCHAMPS
With the global textile and clothing industry this year emerging from a deep slump, it is perhaps understandable that there were going to be unexpected twists and turns in the sector during 2010. Of course, the fashion business is always colourful, and attracts characters and innovation.…
EUROPE: Digital data preserved through CASPAR software programme
By Emma Jackson
Researchers say they have secured the future of Europe’s huge volumes of digital data, having created an open source software that will protect digital data from becoming unreadable or unusable because it is incompatible with newer technologies. This has been developed by the European Union (EU)-funded CASPAR (Cultural, Artistic and Scientific knowledge for Preservation, Access and Retrieval) programme.…
MANCHESTER UNITED SIGNS DEAL WITH SINGHA BEER
BY MICHAEL MACKEY
A SPONSORSHIP deal with football giant Manchester United will help Boon Rawd Trading International make its Singha brand one of England’s top Asian beers, the Thai company told just-drinks. It will be the only lager-style beer sold at its Old Trafford stadium.…
CASE LAW CLARIFIES AML STATUTES WORLDWIDE
BY ALAN OSBORN, KEITH NUTHALL
THE PASSAGE of legislation by parliaments and assemblies worldwide has been the usual route by which anti-money laundering legislation becomes law in most jurisdictions. But to some degree, this is because such laws are relatively new and so have yet to face many legal challenges in court.…
FORD WELCOMES MAJOR EIB LOAN FOR UNLOCKING LOW CO2 EMISSIONS PROGRAMME
BY KEITH NUTHALL
FORD UK has this morning welcomed the signing of contracts for a GBPounds GBP450 million loan from the European Investment Bank (EIB) it says will unlock five-years’ investment in environment-friendly auto production. GBP 360 million of the loan will be guaranteed by the British government.…
NEW CABOTAGE RULES WELCOME FOR UK RECYCLERS AND HAULIERS - BUT THEIR SUCCESS DEPENDS ON ENFORCEMENT
BY ALAN OSBORN and CRISTINA MUNTEAN
A SLEW of new European Union (EU) regulations laying down the precise conditions for road transport cabotage operations in the EU came into effect on May 14, and there are hopes they will encourage high quality and competitive haulage for materials.…
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.…
EU LAUNCHES PROTECTIVE CLOTHING RESEARCH PROJECT
BY KEITH NUTHALL
THE EUROPEAN Union (EU) has launched a Euro 4.2 million research project SAFEPROTEX that will develop highly protective clothing for complex emergency operations. Running until 2013 it will involve companies such as Palmhive Technical Textiles Ltd, of Nottingham, England; France’s TDV Industries and Rescoll; Italy’s Lenzi Egisto; Finland’s TTY-Saatio; Spain’s Suministros Irunako; Slovakia’s Vyskumny Ustav Chemickych Vlakien; and Sweden’s Swerea IVF.…
VEDANTA ALUMINIUM REJECTS CRITICISM OVER ORISSA PROJECT
BY RAGHAVENDRA VERMA
VEDANTA Resources, the London-based metals and mining group, is trying to utilise waste from its aluminium refinery in the Indian state of Orissa even as it fights allegations that its operations have caused environmental damage to surrounding hills and harmed local tribal communities.…
TATTOO INKS CARVE OUT A PERMANENT MARKET
BY EMMA JACKSON and JULIAN RYALL
DESPITE the still-smarting pains of a slowly fading recession, which wreaked havoc on industries across the board, there is one ink sector that has been steadily growing, with global appeal in almost every country and nearly every demographic.…
SWINE FLU: FORGOTTEN BY MANY, BUT NOT BY AIRPORTS
BY MARK ROWE
REMEMBER swine flu? While minute-by-minute updates in the international media have evaporated, the H1N1 virus has not, and airports around the world are being advised to maintain elevated levels of vigilance and good hygiene.
In June 2009, the World Health Organisation (WHO) raised the H1N1 virus alert to ‘Phase Six’ – signifying a pandemic – where it remains at the time of writing.…
NORDIC COUNTRIES NOT RESTING ON THEIR LAURELS OVER MONEY LAUNDERING
BY GERARD O’DWYER
IF there is one region where high standards in fighting money laundering and terrorist finance are expected, it is surely the five Nordic states: Norway, Sweden, Denmark, Finland and Iceland. Notwithstanding the criticism leveled at Iceland’s financial regulators during the credit crunch, all five countries have admirable traditions of public openness, government efficiency and international cooperation, especially amongst themselves.…
GENETIC SCIENTISTS AIM TO IMPROVE CHORIZO AND PARMA HAM
BY KEITH NUTHALL
SCIENTISTS from across Europe will use genetic expertise to improve livestock breeding and meat quality, focusing especially pork, notably chorizo and Parma ham. The EXCELMEAT project is led by Bristol-based the University of the West of England (UWE) and part funded by the European Union (EU).…
ANDREASEN TO PACK OLAF WITH ACCOUNTANTS IF SHE BECOMES DIRECTOR GENERAL
BY KEITH NUTHALL
MARTA Andreasen, the outspoken former European Commission chief accountant, says she will recruit accountants and auditors to work at European Union (EU) anti-fraud office OLAF, if she becomes its new director general. Speaking to Accountancy Age, she confirmed she would be applying for the vacant position, now open because of the death from cancer of OLAF’s first boss Franz-Hermann Brüner in January.…
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.]…
WFD STANDARDS WILL FORCE IMPROVEMENTS TO UK WATER QUALITY
BY ALAN OSBORN
ON the face of it, the UK, with other leading western European Union (EU) countries, leads the pack in terms of drawing up and submitting its River Basin Management (RBM) plans to the European Commission – the key first stage requirement of the EU’s Water Framework Directive (WFD).…
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.…
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.…
HEALTHCARE FRAUD COSTING PATIENTS AND GOVERNMENTS DEAR
BY KEITH NUTHALL
AS Barack Obama wrestles with the challenge of pushing healthcare reform through the US Congress, he could create political capital by highlighting the need to fight fraud in the sector. Keith Nuthall reports.
IT is something of a sacred cow.…
EUROPE'S UTILITY CUSTOMER SERVICE IS AS DIVERSE AS THE CONTINENT ITSELF
BY PHILIPPA JONES, LEE ADENDOORF, E. BLAKE BERRY, SYMON ROSS, MONICA DOBIE and KEITH NUTHALL
CONSUMER issues have been a key focus of European Union (EU) initiatives regarding utilities of late. The European Commission’s Citizens’ Energy Forum has been busy, recently focusing on improving billing practices, promoting good practice and calling for "clearer, more understandable and accurate bills".…
VIRTUAL WORLDS POSE MONEY LAUNDERING THREATS
BY KEITH NUTHALL
TIME was when video games were simple pastimes, basic computer fun with classics such as ‘Space Invaders’ and ‘Asteroids’. But that is ‘so 1980s’. In the 21st century, the games of choice are interactive and involve spending money – the name is massively multiplayer online games (MMOG).…
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.…
FRANCE LUXURY CLOTHING MARKET FIGHTS THROUGH TOUGH TIMES
BY ALAN OSBORN and GEORGINA OLIVER
ACCORDING to Jean Castarède, author of a lay-reader’s guide to the luxury industry published in 2008 in the popular ‘Que sais-je?’ (What do I know?) paperback series, France’s couture and high-end ready-to-wear sector then represented one third of the world’s Euro 30 billion luxury fashion market.…
US RESEARCHERS HAIL OBESITY TAX FOR SOFT DRINKS
BY EMMA JACKSON and MONICA DOBIE
USA researchers and health advocates have called in an influential journal for heavier taxes on sugary soft drinks, in an effort to curb consumption and raise funds for new health programmes.
Writing in the New England Journal of Medicine, New York City health commissioner Dr Thomas Farley and academics from the Harvard School of Public Health and Yale University proposed an excise tax of 1% per fluid ounce for any beverages with added caloric sweeteners.…
EU'S WATER FRAMEWORK DIRECTIVE FACES MAJOR IMPLEMENTATION CHALLENGES
BY ALAN OSBORN
ALL is not well with the European Union (EU)’s ambitious ‘water framework directive’ (WFD). The 2009 timetable has slipped. The 27 EU member states were required to establish their first river basin management plans (RBMPs) for all 110 river basin districts in the EU by the end of this year and include specific measures to ensure that all EU waters reach "good" status by 2015.…
UK FAIR TRADING OFFICE FINES CONSTRUCTION INDUSTRY OVER COLLUSION
BY KEITH NUTHALL
THE UK’S construction industry has protested after 103 companies in England were fined GBPounds 129.5 million by Britain’s Office of Fair Trading (OFT) for illegal collusion when securing building contracts. The OFT acted over so-called ‘cover pricing’ where contractors uninterested in a job overbid for a tender, allowing another firm to secure work with an inflated price.…
AVIATION INDUSTRY INNOVATES TO MOVE AWAY FROM KEROSENE FUEL DEPENDENCE
BY MARK ROWE
ACCORDING to the International Air Transport Association (IATA), today’s world aircraft fleet is about 65% more fuel-efficient than in 1970. Between 1990 and 2000, fuel efficiency improved by 17%. Furthermore, the clean technology of modern aircraft engines has almost eliminated emissions of carbon monoxide and hydrocarbons.…
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.…
WATER SCARCITY REQUIRES COMPLEX AND HOLISTIC SOLUTIONS ACROSS EUROPE
BY KEITH NUTHALL
YOU might think, given the preponderance of doomsayers predicting drought and desertification in Europe because of global warming, that the rainfall data would back them up.
But on a continent-wide scale, it does not.
A report on water scarcity issued by the European Environment Agency (EEA) earlier this year noted that "precipitation in Europe generally increased over the twentieth century, rising by 6-8 % on average between 1901 and 2005".…
DRINKS COUNTERFEITING POSES HEALTH RISKS TO CONSUMERS
BY KEITH NUTHALL
COUNTERFEITERS often claim their crime is victimless – the only losers are rich corporations who enjoy healthy profits anyway from their brands. But what if you drink the fake, and it kills you? It happens, Keith Nuthall explores the murky world of drinks counterfeiting.…
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.…
PERSONAL CARE PRODUCT INDUSTRY FIGHTS TO PRESERVE ITS REPUTATION AGAINST COUNTERFEITERS AND PIRATES
BY KEITH NUTHALL, JULIAN RYALL, in Tokyo, EMMA JACKSON and LEAH GERMAIN
TIME was when counterfeit personal care products were commonly crude fake perfumes pedalled in markets and workplaces during the Christmas and other festive periods to bargain hunters who knew they were buying rubbish.…
TOUGHER LAWS NEEDED TO FIGHT CONSTANTLY ADAPTING DRINKS COUNTERFEITERS
BY KEITH NUTHALL and EMMA JACKSON
COUNTERFEITERS often claim their crime is victimless – the only losers are rich corporations who enjoy healthy profits anyway. But tell that to the families of 1,069 duped Moscow consumers who died after becoming intoxicated by counterfeit alcoholic beverages in the city during 2008, according to the city’s board of health.…
TOBACCO CRIME GLOBAL ROUND UP - SMUGGLING BOOM HITS IRELAND
BY KEITH NUTHALL
A MAJOR cigarette smuggling boom is being reported in Ireland by customs teams, with a record 135.2 million cigarettes being seized last year, almost twice the amount seized in 2007. Of these, 56.82 million were counterfeits, the country’s Sunday Independent newspaper has reported.…
INDIA'S TOBACCO SECTOR IS STILL A GIANT, DESPITE ATTACKS ON SMOKING BY ITS GOVERNMENT
BY RAGHAVENDRA VERMA
INDIA’S US$12.4 billion annual turnover tobacco industry is passing through a difficult period, with little hope for a better future, despite its continued large size – this estimate coming from the Tobacco Institute of India for sales of all tobacco products, chewing tobacco and beedis.…
TOUGHER LAWS NEEDED TO FIGHT CONSTANTLY ADAPTING DRINKS COUNTERFEITERS
BY KEITH NUTHALL and EMMA JACKSON
COUNTERFEITERS often claim their crime is victimless – the only losers are rich corporations who enjoy healthy profits anyway from their brands. But tell that to the families of the 1,069 duped Moscow consumers who died after becoming intoxicated by counterfeit alcoholic beverages in the city during 2008, according to the Russian capital’s board of health.…
PRESSURE GROWS ON PLANNERS TO RATCHET UP GREEN ENERGY CONDITIONS FOR PROJECTS
BY PHILIPPA JONES
BUILDINGS account globally for 8% of greenhouse gas (GHG) emissions, or 20% if upstream emissions associated with electricity and heat are included, according to the climate change report written by UK government adviser and economist Nicholas Stern. The European Union (EU), national governments, and local authorities have all adopted targets aimed at incorporating renewables into the planning process and reducing these figures.…
TRAINING IS DEVELOPING FOR POLICE MONEY LAUNDERING SPECIALISTS
BY ALAN OSBORN
IDEALLY, police and other law enforcement officers working against money laundering and terrorist financing will combine the best elements of two different professions: the forensic skills of the conventional police detective and the expert knowledge of an experienced financial practitioner such as you’d find in the larger banks and finance houses.…
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.…
PROFESSIONAL NURSING IN TRINIDAD CAN BE TOUGH, BUT THERE'S ALWAYS THE BEACH
BY JAMES FULLER
THE TWIN island republic of Trinidad & Tobago is many people’s idea of a tropical idyll but Sunita Kissoon, senior nurse/midwife at the Gulf View Medical Centre in San Fernando, says medical care in her country is fundamentally lacking when compared to the UK.…
BRITAIN INTRODUCES WHO SURGICAL SAFETY CHECKLIST
BY ALAN OSBORN and MONICA DOBIE
A SIMPLE surgical checklist to be introduced by the National Patient Safety Agency (NPSA) for major operations in the UK from February 2010 has been welcomed by Diane Gilmour, president of the Association for Perioperative Practice (AFPP).…
EEA SHOWS HOW WATER SUPPLIES ARE STRESSED IN ENGLAND AND WALES
BY KEITH NUTHALL
A DETAILED report from the European Environment Agency (EEA), which highlights signals of environmental problems within Europe, says England and Wales can be labelled "water stressed", along with only eight other European countries. They are Belgium, Bulgaria, Cyprus, Germany, Italy, Macedonia, Malta and Spain.…
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.…
RENEWABLE ENERGY DIRECTIVE IN PLACE - NOW THE HARD WORK OF CONSTRUCTION BEGINS
BY KEITH NUTHALL
AS 2009 dawns, the European Union’s (EU) renewable energy sector knows that it has truly entered the mainstream of EU utility markets, its growth being sanctioned by ambitious legislation approved before Christmas.
After more than a year of debates, the European Parliament and EU ministers have approved a new EU directive imposing mandatory national targets for the 27 member states regarding the portion of their gross final consumption of energy in 2020 coming from renewable sources.…
EU ROUND UP - DEAL STRUCK ON CO2 EMISSIONS CAP
BY KEITH NUTHALL
AGREEMENT has been struck over future European Union (EU) targets for CO2 emissions from cars, with an informal deal being forged by the European Parliament and the EU Council of Ministers. The agreement is a compromise, with energy and automobile companies securing a phase-in between 2012 and 2015 of an agreed 120g/km target.…
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.…
GREECE TOBACCO SECTOR UNDER PRESSURE FROM HEALTH REGULATION - BUT STILL THE WORLD'S NUMBER 1 FOR SMOKING DEMAND
BY MAKKI MARSEILLES
GREECE is something of a paradox in the tobacco sector. Its citizens smoke more cigarettes per capita than anywhere else in the world, yet its government is increasing anti-smoking legislation and its long-established leaf growing sector is shrinking towards virtual extinction.…
PAINTING LIBYA'S DECORATIVE PAINT AND COATINGS INDUSTRY WITH A BLIND STROKE
BY IRINA PRENTICE
WHILE finding accurate statistics about the Libya industry is as easy as finding your way around the country’s vast deserts without a map, it is undeniable that this is a growing paint and coating market: the country is in full economic development which includes construction, boosting demand for coatings of all kinds.…
AIR-POWERED CARS MOVE TOWARDS COMMERCIAL REALITY
BY KARRYN MILLER
ABOUT a decade ago we first heard whispers of compressed air cars: an eco-friendly driving option that kept travel costs low. Now, with mineral oil fuelled cars under pressure on price and pollution, air-powered vehicles are finally becoming a concrete product.…
SPANISH DRIVERS PREFER TO DRIVE AT HOME, DESPITE RISING CONCERNS ABOUT MOTORWAY ROBBERIES
BY PAUL RIGG
ROBBERIES, competition from immigrants and the state of the economy are the issues of most pressing concern for Spanish hauliers, according to drivers interviewed in truck stops on the outskirts of Madrid by Commercial Motor.
"I woke up with my kidneys and head hurting like I’d drunk a bottle of whisky," said Elias Calyo, 46, from Andalucia in the south of Spain.…
SYNTHETIC FUELS TO SHAPE FUTURE BIOFUEL SECTOR
BY MARK ROWE
THE FUTURE of the oils and fats sector globally may be shaped in the coming years by the emergence of synthetic biology, which is enabling scientists to create oils and fats with enhanced properties.
This new technology has been developed in the wake of advances in biofuel manufacture, as the United Nations, major energy companies, scientists and environmental organisations all seek to identify the sources of energy that will sustain a post-oil world.…
RESEARCHERS SAY BRITONS LESS STRESSED OUT THAN ITALIANS
BY KEITH NUTHALL
DESPITE the binge drinking, fatty fast food, appalling public transport and bad weather, Britons have less medical hypertension than Italians, despite their sunshine, excellent diet, red wine and general supposed joie de vivre. That is the verdict of a European Union (EU)-funded research project IMMIDIET.…
EU JUDGES CLEAR WAY FOR EU GOVERNMENTS TO INSIST ON VEHICLE DIESEL FILTERS
BY KEITH NUTHALL
THE EUROPEAN Court of Justice (ECJ) has cleared the way for national governments in the European Union (EU) to insist that diesel-powered vehicles registered in that country be fitted with special filters reducing particulate matter emissions. Judges struck down a European Commission decision blocking a Netherlands law effectively insisting that such a filter be used on all Dutch-registered diesel cars, lorries and vans.…
FRANCE: Major insurer funds innovative risk studies in Europe
By Keith Nuthall
In a sign that the credit crunch is not demolishing all long term thinking in the financial sector, France’s AXA insurance group has continued rolling out funding from a five-year Euro 100 million programme into innovative research exploring risk.…
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.…
RAPEX REVEALS MORE COSMETICS BANS IN EUROPE
BY KEITH NUTHALL
THE EUROPEAN Union’s (EU) consumer protection information network RAPEX has warned of two more safety bans on cosmetics products in Europe. Sweden has banned the sale of South Africa’s Tura England skin lightening cream for containing banned methyldibromo glutaronitrile; and Austria has banned the US-made MAXI-TONE skin lightening lotion with shea butter for containing more than 2% of hydroquinone, both breaking the EU cosmetics directive.…
INTERNATIONAL FISH DISEASES ROUND UP - TASMANIA ABALONE DISEASE OUTBREAK
BY KEITH NUTHALL
AUSTRALIAN health officials have successfully attacked an outbreak of abalone viral ganglioneuritis which was discovered in a commercial processing plant in Mornington, near Hobart, Tasmania. The discovery prompted the closure of a 229 square kilometre fishing area, with the seabed in the D’Entrecasteaux Channel between Port Esperance and Southport being closed to commercial and recreational abalone harvesting.…
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.…
AUSTRALIAN RESEARCHERS HELP MENTALLY ILL TO QUIT SMOKING
BY MONICA DOBIE
Australian researchers are investigating the best ways to help people with
mental illness quit smoking. Schizophrenia and bipolar disorder patients are
more than three times more likely to smoke than other Australians.
Researchers from the University of Newcastle and Hunter New England Health
have received funding from the Australian Rotary Health Research Fund
(ARHRF) to test a new programme to help mental health inpatients give up
cigarettes.…
FATTENED MICROBES COULD CHEW OIL TAR INTO NATURAL GAS, SAY SCIENTISTS
BY KEITH NUTHALL
AN ANGLO-Canadian research team has found microbes living in dried oil tar can be provoked into digesting this petroleum well residue, turning it into natural gas. Scientists from England’s University of Newcastle and Canada’s University of Calgary found the microbes could be provoked into a tar feeding frenzy by supplying them with additional nutrients.…
BRITAIN'S BATHING WATER STANDARDS WORSENED IN 2007
BY KEITH NUTHALL
THE EUROPEAN Commission has warned that British beaches became dirtier in 2007, with a major increase in the number of bathing water sites failing to meet European Union (EU) hygiene standard. These numbered 20 last year, up from just two in 2006, and 10 in 2005.…
NEW TECHNOLOGY WILL NOT LET UTILITIES OFF THE HOOK IN REDUCING GREENHOUSE GAS EMISSIONS
BY ANDREW CAVE
SCARCELY a week goes by without volumes of newsprint or prime broadcasting slots being devoted to new and ingenious ways of mitigating climate change.
Global warming is now widely regarded the single most important issue the world faces, so it is no surprise that it is exercising the minds of the world’s most creative scientists.…
INTERNATIONAL FISH DISEASE ROUND UP
BY KEITH NUTHALL
THE BRITISH government has warned the Aquatic Animals Commission (of the Office International des Épizooties – OIE) that future Bonamia ostreae outbreaks are to be expected in UK oysters. This follows cases of the disease in Whitstable, north Kent, southeast England; and West Loch Tarbert, a sea loch off the Mull of Kintyre, western Scotland.…
INTERNATIONAL FISH DISEASES ROUND UP - ENGLISH OYSTERS ATTACKED BY BONAMIA PARASITE
BY KEITH NUTHALL
BRITISH veterinary authorities are investigating an outbreak of Bonamia ostreae amongst wild native oysters in the key southern England beds of Whitstable, Kent. Reports from the Aquatic Animals Commission (of the Office International des Épizooties – OIE) say that the disease was detected by histological examination in three oysters, following routine sampling in late November 2007.…
UK - Airbus deal shows how universities can prosper from successful science spinoffs
By Keith Nuthall
The potential riches that can be gained by universities spinning off successful science units into commercial operations has been made clear by a deal involving Britain’s University of Surrey and Airbus-maker EADS Astrium.
It has acquired the university’s Surrey Satellite Technology Limited (SSTL) for an estimated GBPounds 50 million.…
GLOBAL - Universities offer commercially valuable research to businesses worldwide - new projects
By Monica Dobie
University World News here again features a selection of commercially important and cutting edge higher education research developments.
*Researchers from the Max Planck Institute, Germany, have developed a genetic tool that can help speed the development of new genetic varieties of food crops.…
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.…
EFSA REJECTS SOUTHAMPTON CONCLUSIONS ON HYPERACTIVITY
BY KEITH NUTHALL
THE EUROPEAN Food Safety Authority (EFSA) has concluded that there is no need to change European Union (EU) food safety guidelines after studying University of Southampton, England, claims that mixtures of certain food colours and the preservative sodium benzoate could promote hyperactivity in children.…
UK: British researchers develop claimed fastest swimsuit in the world
BY Monica Dobie
Researchers from the University of Nottingham’s School of Mechanical, Materials and Manufacturing Engineering, in England’s East Midlands, have helped develop what has been hailed as the fastest swimsuit in the world.
Speedo’s new LZR Racer swimsuit was made using Computational Fluid Dynamics (CFD) that scanned four hundred athletes’ bodies to pin-point areas of high and low friction when they swim.…
EUROPEAN PARLIAMENT PUSHES FOR MORE ACTIVE EU AFRICA RESEARCH COOPERATION
BY KEITH NUTHALL
THE EUROPEAN Parliament has pushed for more concrete collaboration between African and European Union (EU) researchers, amidst concerns that grand declarations of altruistic intentions are failing to deliver cash or expertise.
A formal resolution passed by parliament members (MEPs) called for a "special emphasis [to] be placed on research into AIDS in African countries" within the EU’s ongoing seventh framework programme on research, which commands a huge Euro 53.2 billion budget, nearly three times the total GDP of Kenya.…
BRITISH RESEARCHERS DEVELOP CLAIMED FASTEST SWIMSUIT IN THE WORLD
BY MONICA DOBIE
RESEARCHERS from the University of Nottingham’s School of Mechanical, Materials and Manufacturing Engineering, in England’s East Midlands, have helped develop what has been hailed as the fastest swimsuit in the world.
Speedo’s new LZR Racer swimsuit was made using Computational Fluid Dynamics (CFD) that scanned four hundred athletes’ bodies to pin-point areas of high and low friction when they swim.…
SKY HIGH METAL PRICES PROMPT CATALYTIC CONVERTER THEFTS
BY MARK ROWE
SKY high prices for precious metals have prompted a rise in thefts of catalytic converters from a wide range of motor vehicles; the problem is so serious that the British Metals Recycling Association (BMRA) has linked up with the Association of Chief Police Officers of England, Wales and Northern Ireland (ACPO) to tackle the issue.…
ITALIAN TOBACCO INDUSTRY HOLDS ITS BREATH AHEAD OF ANTICIPATED SUBSIDY DECOUPLING
BY ERIC LYMAN, in Rome
THE ITALIAN tobacco industry is currently in a holding pattern, mid-way between two milestones: the 2005 ban on indoor smoking that had a dramatic impact sales that the industry has yet to recover from, and a change in European Union (EU) subsidy rules scheduled for 2010 that could have a far greater effect on total production from Europe’s largest tobacco producer.…
POTENTIAL ENVIRONMENTAL DAMAGE CAUSED BY BIOFUELS CAUSING GLOBAL RETHINK ON PRODUCTION PROCESSES
BY MARK ROWE
WHICHEVER way you look, the oil and gas sector is investing in biofuels. The larger energy companies – driven by an eye for a new and potentially lucrative market as well as shareholder concern and governmental and international political pressure – are investigating both first and second generation biofuels.…
DATA ON PUBLIC PLACE SMOKING BAN HEALTH IMPROVEMENTS REMAINS INCONCLUSIVE
BY ANDREW CAVE
FOLLOWING the introduction on July 1 of public place smoking bans in England 240 million people worldwide were covered by public smoking restrictions, according to the International Union Against Cancer (UICC). (NOTE – THIS IS A FRENCH ACRONYM)
The movement towards such restrictions is becoming ubiquitous in the European Union (EU), with Estonia, Finland, Scotland and Ireland already have full public-place bans, while Italy, Sweden and Malta have partial bans, allowing smoking only in closed-off, separately-ventilated areas.…
EU ROUND UP - EUROPEAN PARLIAMENT PUSHES FOR GREEN BIOFUEL PRODUCTION STANDARDS
BY KEITH NUTHALL and MONICA DOBIE
THE EUROPEAN Parliament’s environment committee wants European Union (EU) rules to insist that biofuel production is environmentally sustainable. The call was made in amendments tabled to proposed reforms from the European Commission to the EU’s fuel quality directive, which insists on certain standards for petrol and diesel.…
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.…
GM FEED CAN IMPLANT HEALTHY OMEGA FATTY ACIDS IN ANIMAL-BASED FOODS
BY KEITH NUTHALL
EUROPEAN Union (EU) scientists are investigating developing genetically modified feed vegetables engineered to produce healthy long-chain fatty acids, which could nourish broiler chickens and beef cattle. The idea has come in the EU’s Lipgene project, which aims to increase the amount of these acids in EU human diets.…
EUROPEAN COMMISSION UNVEILS NEW PROTECTION FOR STAFFORDSHIRE CHEESE
BY KEITH NUTHALL
THE EUROPEAN Commission has announced England’s Staffordshire cheese, Spanish cauliflower Coliflor de Calahorra; German grated horseradish Bayerischer Meerrettich and Bayerischer Kren; and German table carp Holsteiner Karpfen have been granted geographical indication protection within the European Union (EU).…
GAS MADE FROM SLUDGE
BY MONICA DOBIE
RESEARCHERS from the University of Leeds, England, have developed a way to turn vegetable sludge into hydrogen-rich gas. The process mixes glycerol with steam at controlled temperatures, separating the waste product into hydrogen, water and carbon dioxide with no residues.…
BRITAIN'S WASTE MANAGEMENT ON PAR WITH EASTERN EUROPE, EEA REPORT SHOWS
BY KEITH NUTHALL
THE LEVEL of incineration and recycling of municipal waste within Britain is as low as former communist countries in eastern Europe, a new European Environment Agency (EEA) report has concluded. In an assessment the 27 European Union (EU) member states, the EEA bracketed Britain with Portugal, Greece, Cyprus, Poland, the Czech Republic, Slovakia, Slovenia, Estonia, Latvia and Lithuania.…
EU COMMISSION APPROVES STATE INVESTMENTS INTO CORNWALL'S NEWQUAY AIRPORT
BY KEITH NUTHALL
THE EUROPEAN Commission has approved a public sector-dominated investment package of GBPounds 44 million to help develop Newquay airport, in Cornwall, southwest England. Pounds 19.5 million will come from European Union funds, with the remainder being covered by UK government funding agencies and borrowing.…
NEW HIGH TECH GLOW IN THE DARK FABRIC DEVELOPED BY BRITISH SCIENTISTS
BY MONICA DOBIE
RESEARCHERS at the University of Manchester, northwest England, have developed high-tech, battery-powered textile yarns that can be used to make clothing glow in the dark without a reflective light source.
These electroluminescent (EL) yarns, invented by the university’s William Lee Innovation Centre (WLIC) have the potential to be incorporated into clothing worn by cyclists, joggers and pedestrians.…
EUROPEAN ENVIRONMENT AGENCY WARNS ENVIRONMENTAL HEALTH PROBLEMS STILL BEDEVIL EUROPE
BY KEITH NUTHALL
THE NEED to limit particulate matter in Britain and continental western Europe has been underlined by the European Environment Agency’s (EEA) latest assessment of pollution in Europe. In its fourth annual environmental health check of Europe, central Asia and Asiatic Russia, the agency concluded that much of western, central and south east Europe, especially urban areas, "experience daily average PM10 concentrations in excess of 50 ?g/m3…
EU: European court says EU grants for studying abroad in Europe cannot be tied to continuing courses started locally
BY KEITH NUTHALL
The European Court of Justice (ECJ) has declared illegal rules that insist European Union (EU) students wanting to study in a foreign EU state must continue a course subject they have already begun in their home country, if they want to receive a grant from the government of the country where they normally live.…
BRITAIN: UK scientists develop glow-in-the-dark yarn for cyclists, pedestrians and emergency services
Monica Dobie
Manchester
Researchers at the University of Manchester, northwest England, have developed high-tech, battery-powered textile yarns that can be used to make clothing glow in the dark without a reflective light source.
These electroluminescent (EL) yarns, invented by the university’s William Lee Innovation Centre (WLIC) have the potential to be incorporated into clothing worn by cyclists, joggers and pedestrians.…
EUROPEAN COMMISSION UNVEILS NEW PROTECTION FOR STAFFORDSHIRE CHEESE
BY KEITH NUTHALL
THE EUROPEAN Commission has formally announced today (15-10) that England’s Staffordshire cheese, as well as traditional vegetable products from Germany and Spain, plus a German fish product, have been granted geographical indication protection within the European Union (EU).…
APPALLING DRINKING WATER PROBLEMS DAMAGE HEALTH OF EASTERN EUROPE - EEA
BY KEITH NUTHALL
APPALLING drinking water quality problems still pose major health hazards for some south-eastern Europe countries wanting to join the European Union (EU), the European Environment Agency’s (EEA) latest assessment of European pollution has concluded. For example, Albania’s "urban water rarely has even preliminary treatment" through "the lack of adequate…facilities and the unreliable supply of chemicals."…
ROAD HAULIERS FACE NEW THEFT RISK - STEALING LORRIES FOR SCRAP VALUE
BY MARK ROWE
LORRIES are increasingly being stolen for their value as scrap and recycled materials, UK authorities have warned the road haulage industry. The rise in thefts of lorries has been blamed partly on the high prices now paid for scrap metal on the international markets – driven in part by China’s insatiable demand for metal – and on thieves who have realized that almost any part of a lorry, from wheel hubs to side panels, axles, catalytic converters, a plastic chair or the gold in the wiring looms has a recyclable value.…
EU MONEY LAUNDERING DIRECTIVES FORCES PATCHY PROGRESS IN AML CONTROLS FOR EU ACCOUNTANTS AND TAX ADVISORS
BY ALAN OSBORN
THE MONEY Laundering Bulletin has found effects of the European Union’s (EU) second money laundering directive’s (2MLD) extension of EU anti-money laundering regulations to a range of businesses and professions are complicated by differences in the definition of the professions between the 27 member states.…
NANOTECHNOLOGY OFFERS ASIA COATINGS INDUSTRY NEW PRODUCT RANGES
BY MARK ROWE
WEATHER-resistant and anti-corrosion coatings and sealants are being developed with the aid of nanotechnology that will significantly enhance the lifetime operation of buildings and property across the Asia-Pacific region and beyond. Most of the developments are expected to be particularly welcome in the Asia-Pacific region, where the hot and humid climate imposes a more onerous regime on paints and coatings.…
CHINA AND EU EMBARK ON GROUNDBREAKING GEOGRAPHICAL INDICATION DEAL
BY KEITH NUTHALL
A GROUNDBREAKING deal protecting traditionally-made food products in overseas markets is under way. In the first European Union (EU) agreement of its kind, the European Commission formally applied to register 10 EU food products within China’s geographical indications system and vice versa.…
CHINA AND EU EMBARK ON GROUNDBREAKING GEOGRAPHICAL INDICATION DEAL
BY KEITH NUTHALL
A GROUNDBREAKING cooperation deal on protecting traditionally-made food products in overseas markets rolled into action yesterday (Tues 10-7), with China and European Union (EU) officials preparing legal protection for 10 lines each. The first EU agreement of its kind, the European Commission formally applied to register 10 EU food products within China’s geographical indications system.…
INTERNET GAMBLING WILL BE BOOSTED BY UK SMOKING BAN SAY WEB CASINOS
BY KEITH NUTHALL
AN INTERNET gambling boss has predicted England’s new nationwide smoking ban could pump an additional GBPounds 5 million-a-year into his industry’s coffers, as smoking punters abandon casinos and bingo halls banning cigarettes and cigars. Malcolm Graham, CEO poker website PKR.com,…
ECJ RULING ON THAMES WATER SEWAGE ESCAPE MAY LEAD TO UK REFORMS ON CLEAN-UPS
BY KEITH NUTHALL
A EUROPEAN Court of Justice (ECJ) ruling on whether water companies are responsible under European Union (EU) law for cleaning up escaped sewage could force the UK government to consider national reforms on the issue. Judges ruled that the clean up of escaped solid waste was not covered by the 1991 EU urban waste water directive, and that the broader 1975 waste framework directive would not apply either if there were more detailed national rules.…
BRUSSELS WITHHOLDS REGIONAL SUBSIDIES FROM ENGLISH REGIONS OVER FINANCIAL CONTROLS ROW
BY ALAN OSBORN
THE EUROPEAN Commission has suspended funds to five regional authorities in England – north-east England, north-west England, Yorkshire and Humberside, London and West Midlands – over “a lack of proper controls over paying agencies.” No indication of the sums involved was given but in 2005 the European Regional Development Fund (ERDF) pumped Euro 2 billion into the UK, so the loss of money will be substantial.…
ECJ RULING ON THAMES WATER SEWAGE ESCAPE MAY LEAD TO UK REFORMS ON CLEAN-UPS
BY KEITH NUTHALL
A EUROPEAN Court of Justice (ECJ) ruling on whether water companies are responsible under European Union (EU) law for cleaning up escaped sewage could force the UK government to consider national reforms. Judges ruled the clean-up of escaped solid waste was not covered by the 1991 EU urban waste water directive, and the 1975 waste framework directive would not apply either if there were detailed national rules.…
BRUSSELS PUSHES FOR CHANGES OVER UK LANDFILL CONTROLS
BY KEITH NUTHALL
THE BRITISH government is being threatened with legal action at the European Court of Justice (ECJ) over claims it has failed to ensure the correct implementation of the European Union’s (EU) landfill directive throughout the United Kingdom.
The directive imposes environmental and health standards on the operation and closure of landfills.…
BRITAIN TOLD TO IMPROVE REGIONAL SPENDING AUDITS OR FACE AID SUSPENSION
BY KEITH NUTHALL
BRITAIN’S Department for Communities and Local Government has been warned by the European Commission that it must sort out shortcomings in its auditing of European Union regional development spending in England or risk aid payments worth millions of Euros being suspended.…
EEA LAUNCHES DVD OF VISUAL ENVIRONMENTAL DATA
BY KEITH NUTHALL
A SERIES of detailed and striking data-based images has been released by the European Environment Agency (EEA) starkly portraying western Europe’s density of development, and hence its exposure to environmental health problems. These make up the ‘Corine Land Cover 2000’ database, which offers information on land cover and land cover changes over the past decade in 32 European countries, using photo-interpretation of satellite images.…
EIB PUSHES HIGHER EDUCATION INVESTMENT THROUGH LOW INTEREST LOANS
BY KEITH NUTHALL
WHEN academics think of European Union (EU) funding for their projects or institutions, they often consider the European Commission, with its high profile in education and research spending through its framework programmes. But there is another EU institution developing an increasingly important role as a financial fountainhead for European higher education: the European Investment Bank (EIB).…
AUTO INDUSTRY'S NEW GENERATION OF BIOFUELS
BY MARK ROWE, in Bristol, England
A NEW generation of biofuels is set to radically overhaul the non-fossil fuel market, providing opportunities and challenges for the automotive manufacturing industry, with many innovations emerging from Europe. Until recently, the question of biofuels has been limited, mainly, to biodiesel and bioethanol made from crops such as cereals, soybean and palm oil.…
BRITISH FARMER IN CANADA FEATURE
BY MONICA DOBIE, in Balderson, Ontario
STRONG family links and a dislike of European Union bureaucracy was what brought David James, 62, to Canada to start over again. In 1998, the James family, including wife Ann, 61, daughter Debra, 39, and son-in law Rob, 39, packed up their belongings and moved to a small farming community called Balderson, roughly 50 miles from Canada’s capital, Ottawa.…
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.…
EUROPEAN COMMISSION RELEASES 2007-2013 ENERGY TENS PLANS
BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has approved a list of priority projects that will draw in EU funding and diplomatic support under its 2007-13 trans European network (TENs) energy programme. Agreed with the European Parliament, the schemes are designed to fulfil the EU’s energy policy goals of improving security of supply, especially from outside member states, and underpinning Europe’s internal market in gas and electricity.…
USA HURRICANE PROTECTION COATINGS BOOM - POST HURRICANE KATRINA
BY LUCY JONES, in Dallas, Texas
THERE is another side to the loss of life and devastation wreaked in the USA by hurricanes Katrina, Rita, Wilma and Dennis last year, a market reaction that has brought unsought benefits to the US paint and coatings industry.…
USA HURRICANE PROTECTION COATINGS BOOM - POST HURRICANE KATRINA
BY LUCY JONES, in Dallas, Texas
THERE is another side to the loss of life and devastation wreaked in the USA by hurricanes Katrina, Rita, Wilma and Dennis last year, a market reaction that has brought unsought benefits to the US paint and coatings industry.…
BRITISH FARMERS ABROAD FEATURE - NEW ZEALAND
BY SYMON ROSS, in Christchurch, New Zealand,
THE DAVEY family swapped arable faming on the Lincolnshire Wolds for mixed farming on New Zealand’s South Island five years ago and say they haven’t looked back since.
Bill and Lynda Davey had felt the future of family farming in England was in serious jeopardy and made a life changing decision to look overseas.…
SUPER BUG ELECTRONIC NOSE HEART OF ENGLAND HOSPITAL BRITAIN
BY MONICA DOBIE
IDENTIFYING people contaminated with superbugs could soon be done mechanically with an electronic nose allowing laboratory and health service staff to quickly contain and attack deadly bacteria.
The e-nose is a polymer-based device with software that can correctly detect three strains of staphylococcus aureus bacteria, including the notorious MRSA, (methicillin-resistant staphylococcus aureus), with more than 99% accuracy.…
NEEDLESTICK INJURIES EUROPEAN PARLIAMENT LEGAL INITIATIVE
BY KEITH NUTHALL
CONCERNS about needlestick injuries to nurses and other health workers have inspired the European Parliament to invoke a rarely-used legal procedure to formally call on the European Commission to table reforms. The parliament’s social affairs committee has adopted a report calling for action.…
EU BRITAIN WASTE WATER CASE
BY KEITH NUTHALL
THE EUROPEAN Commission has formally threatened the UK government with legal action at the European Court of Justice over alleged breaches of the European Union (EU) urban waste water treatment directive. Brussels claims that there are legally "insufficient collection and treatment facilities" for London, Torbay and Whitburn, in England, and Kilbarchan, in Scotland.…
BSE-LIKE SHEEP DISEASE EFSA TESTS INCONCLUSIVE
BY KEITH NUTHALL
TESTS carried out by the European Union’s (EU) reference laboratory in Weybridge, England, onto three sheep that died with suspected with BSE-like symptoms have not proved the disease has effectively jumped species from bovine livestock. The European Food Safety Authority (EFSA) said that one test – called the ‘discriminatory western blot’ – suggested that the two French and one Cypriot sheep did die from a BSE-like disease, but two other tests had different results.…
CYPRUS UNIVERSITY RECTOR INTERVIEW SMALL EUROPEAN COUNTRY UNIVERSITIES
BY ALAN OSBORN
FACT BOX
Population of Cyprus: 793,100
Number of students enrolled at university: 5,000 (see text)
Percentage of university students who are Cypriots: 90%
Percentage of Cypriots (excluding mature students) attending university in Cyprus or other countries: 80%
INTERVIEW
OUT of every ten young people who apply for a place at the University of Cyprus, only three actually gets admitted.…
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.…
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.…
EU ENERGY POLICY, BIOMASS, EMISSIONS TRADING, GLOBAL WARMING, SECURITY OF SUPPLY
BY DEIRDRE MASON
THE MEDIA rush to pick up on the revival of nuclear energy as a serious UK option, made plain in the Department of Trade and Industry’s recent Energy Review consultation document, has diverted attention from which tail will, in practice, be wagging the UK energy dog over the coming months.…
ENVIRONMENTAL OUTLOOK REPORT - EU ENVIRONMENTAL ASSESSMENT - EUROPEAN ENVIRONMENT AGENCY
BY KEITH NUTHALL
BRITAIN has been given a generally positive report on its environmental performance by a detailed and long-term European Environment Agency (EEA) report. Overall, the EEA said that the UK was "fortunate to have implemented a series of structural economic changes in the recent past that have brought environmental improvements".…
IRELAND PAINT INDUSTRY FEATURE
BY DEIRDRE MASON
IRELAND’S Celtic Tiger economy may have lost a little of its bounce recently, with double-digit annual growth figures no longer predicted. However, the beast is still in fine fettle, as a recent Organisation for Economic Cooperation and Development (OECD) observer report notes: “The economy has bounced back.…
IRELAND PAINT INDUSTRY FEATURE
BY DEIRDRE MASON
IRELAND’S Celtic Tiger economy may have lost a little of its bounce recently, with double-digit annual growth figures no longer predicted. However, the beast is still in fine fettle, as a recent Organisation for Economic Cooperation and Development (OECD) observer report notes: “The economy has bounced back.…
WTO SUMMIT HONG KONG - SERVICES LIBERALISATION - DOHA DEVELOPMENT ROUND - ACCOUNTANCY AIMS
BY KEITH NUTHALL
INTERNATIONAL accountancy firms will be closely monitoring next week’s World Trade Organisation (WTO) summit in Hong Kong for signs that the WTO’s long-running Doha Development Round talks are about to crack open national accounting and auditing markets. Progress in refreshing the WTO General Agreement on Trade in Services (GATS) has been sluggish since talks began in 2000, one year ahead of the general round, with few trade-offs being offered in bilateral exchanges.…
EU AUDIT LIABILITY FORUM - MCCREEVY CALL
Keith Nuthall
THE EUROPEAN Commission has tasked an expert panel with examining whether the European Union (EU) should have legislation limiting the liability of auditors in the case of another huge accounting scandal, such as with Italy’s Parmalat. British members of this European Forum on Auditors’ Liability will include Eric Anstee, CEO of the Institute of Chartered Accountants in England and Wales; PwC partner Peter Wyman; and Samantha Barrass, London Investment Banking Association director.…
UTILITY WEATHER FORECAST AND RISK ASSESSMENT
BY MARK ROWE
WEATHER forecasters have always come in for criticism but the reality is that forecasting has evolved somewhat beyond the reliance of medieval truisms such as rain on St Swithun’s Day meant 40 more days of showers. And not only are today’s forecasts are more reliable than ever, with meteorologists providing long-term predictions of wet weather, heat waves and other extreme events, of incalculable value to energy and water utilities with half an eye on demand, but Britain’s Meteorological (Met) Office has taken its services one step further.…
BRITAIN MUNICIPAL WASTE INCREASE
BY KEITH NUTHALL
THE AMOUNT of municipal waste being handled by British local authorities is projected by the European Environment Agency (EEA) to increase by 30% from 2000 to 2020. This is exceeds the predicted average for the old 15 member EU, which is 20-25%.…
EU LANDSLIDE RISK STUDIES
BY ALAN OSBORN
BRITAIN is not normally thought of being subject to landslides and avalanches in the way that Alpine countries are, but the coming of climate change has made these natural disasters a real and potentially very expensive threat to us.…
WEATHER HEALTH FEATURE
BY MARK ROWE
WEATHER forecasters have always come in for criticism but the reality is that today’s forecasts are more reliable than ever, and predictions are just as accurate for five days ahead as they were for one day ahead even just a decade ago.…
WEATHER FEATURE
BY MARK ROWE
INTRODUCTION
WEATHER forecasting has evolved somewhat beyond the reliance of medieval truisms such as rain on St Swithin’s Day meant 40 more days of showers. But better weather forecasts are only any use if we are able to respond to such information accordingly and effectively.…
SCOTLAND HEART DISEASE
BY MONICA DOBIE
SCOTS may drink hard, smoke, and eat deep-fried pizzas with battered Mars bars, but obvious environmental factors do not explain why they are so prone to heart disease says a University of Edinburgh study, published in the Journal of Epidemiology and Community Health.…
SCOTS HEART ATTACKS
BY MONICA DOBIE
SCOTS may drink hard, smoke, and eat deep-fried pizzas with battered Mars bars, but obvious environmental factors do not explain why they are so prone to heart disease says a University of Edinburgh study, published in the Journal of Epidemiology and Community Health.…
FATF'S FUTURE MONEY LAUNDERING
BY ALAN OSBORN
CHINA’S presence at the meeting of the Financial Action Task Force (FATF) in Paris in February was a powerful reminder of how the world’s great economic, trade and regulatory institutions are changing, with consequences that few people probably fully grasp today.…
MONEY LAUNDERING LAW
BY KEITH NUTHALL
THE EUROPEAN Parliament looks unlikely to heed the concerns about the erosion of client confidentiality by European Union (EU) money laundering legislation, with its key civil liberties committee strengthening lawyers’ duties to inform the authorities about suspicious dealings.…
EIB WATER LOANS
BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is planning to make large low interest loans to two British utilities, to fund major capital works schemes. In Northern Ireland, the publicly-owned European Union (EU) bank wants to lend the province’s Water Service up to GBPounds 88 million to help improve the quality, quantity and security of its treated water supplies to 781,000 customers, ensuring compliance with the EU drinking water directive.…
EU ROUND UP
BY KEITH NUTHALL
THE EUROPEAN Parliament and the European Union (EU) Council of Ministers have compromised on the final shape of a directive reducing sulphur content in marine fuels. The result is legislation that permits higher sulphur usage than the parliament wanted, cutting its marine fuels content to 1.5% by 2007, for all vessels in the Baltic, the North Sea, and the English Channel, and passenger ships in all EU seas and oceans.…
USA HURRICANE PROTECTION COATINGS BOOM - POST HURRICANE KATRINA
BY LUCY JONES, in Dallas, Texas
THERE is another side to the loss of life and devastation wreaked in the USA by hurricanes Katrina, Rita, Wilma and Dennis last year, a market reaction that has brought unsought benefits to the US paint and coatings industry.…
WTO SUMMIT HONG KONG - SERVICES LIBERALISATION - DOHA DEVELOPMENT ROUND - ACCOUNTANCY AIMS
BY KEITH NUTHALL
INTERNATIONAL accountancy firms will be closely monitoring next week’s World Trade Organisation (WTO) summit in Hong Kong for signs that the WTO’s long-running Doha Development Round talks are about to crack open national accounting and auditing markets. Progress in refreshing the WTO General Agreement on Trade in Services (GATS) has been sluggish since talks began in 2000, one year ahead of the general round, with few trade-offs being offered in bilateral exchanges.…
ENVIRONMENTAL OUTLOOK REPORT - EU ENVIRONMENTAL ASSESSMENT - EUROPEAN ENVIRONMENT AGENCY
BY KEITH NUTHALL
BRITAIN has been given a generally positive report on its environmental performance by a detailed and long-term European Environment Agency (EEA) report. Overall, the EEA said that the UK was "fortunate to have implemented a series of structural economic changes in the recent past that have brought environmental improvements".…
IRELAND PAINT INDUSTRY FEATURE
IRELAND’S Celtic Tiger economy may have lost a little of its bounce recently, with double-digit annual growth figures no longer predicted. However, the beast is still in fine fettle, as a recent Organisation for Economic Cooperation and Development (OECD) observer report notes: "The economy has bounced back.…
EU HEALTH POLICY REVIEW
BY KEITH NUTHALL
NATIONAL governments are often jealous of attempts by the European Union (EU) to increase its power into policy areas that they consider none of its business. Defence and foreign affairs are obvious examples, but health is another. EU member states have long resisted Brussels’ calls for influence over their health policies, but their resolve has weakened of late.…
ANDREASEN INTERVIEW
BY ALAN OSBORN
FEW whistle-blowers have hit the headlines as much as accountant Marta Andreasen who was suspended by the European Commission in 2002 after disclosing serious weaknesses in its bookkeeping system and has now just been formally sacked.
Of all those who have taken the brave and often lonely path of public disclosure, Ms Andreasen, as the Commission’s former chief accounting officer, is by far the most senior.…
DICKSON'S DEFENCE
BY ALAN OSBORN
CHRIS Dickson, the Executive counsel of the Accountant’s Joint Disciplinary Scheme, spoke powerfully in defence of the European Commission’s sacked chief accountant Marta Andreasen at her disciplinary hearing in Brussels last month, Accountancy Age can reveal.
He represented her pro bono publico, appealing for her reinstatement in front of the entire outgoing Commission, a call that fell on deaf ears, with her former employers later ordering her dismissal.…
TRAVEL HEART ATTACKS
BY MONICA DOBIE
COMPANIES whose employees endure long stressful commutes to work are at a greater risk of losing their workers due to heart attacks according to German research published in the New England Journal of Medicine. The study said people are three times more likely to suffer a heart attack within an hour of driving a car or bicycle in a traffic jam than if they would be in activities away from traffic.…
WEST BENGAL FEATURE
BY MARK ROWE
AT first sight they would appear to be uneasy bedfellows. On the one hand, English Heritage, the British government’s advisory body with responsibility for the care and maintenance of the country’s historic environment; on the other, the Marxist-led government of the Indian state of West Bengal.…
SECOND EU DIRECTIVE MONEY LAUNDERING
BY ALAN OSBORN
THE LEGAL web being cast by the European Union (EU) in the fight against money laundering is being tightened still further. A third directive has now been proposed by the European Commission that, among other things, will broaden the definition of money laundering to include not only the concealment or disguise of the proceeds of serious crimes but also the financing of terrorism with either criminal or legally acquired money.…
RESUMING WITH ORIGINAL FILE
BY ALAN OSBORN
The fact that some member states have now missed the deadline for implementation coupled with variation in the measures passed means that there will be “an imbalance of obligations on lawyers across the EU” said the American Bar Association’s Section on Business Law (SBL).…
COMMERCIAL FRAUD SEMINAR
BY KEITH NUTHALL
EVERYONE knows commercial fraud costs business millions and millions of dollars and euros, but no one really knows how much. The United Nations is going to investigate, following a successful international seminar staged in Vienna. Keith Nuthall reports.…
BIRD FLU PANDEMIC
BY KEITH NUTHALL
THE BIRD flu outbreak that has paralysed global poultry markets could spark a related deadly human influenza pandemic, for which preparations must be laid, a World Health Organisation (WHO) summit has concluded. “We have seen how many countries were preparing for terrorism and bioterrorism and we wish to point out that Mother Nature is the biggest bioterrorism of all,” said participant Dr Angus Nicoll, director of England & Wales’ Public Health Laboratory Service’s communicable disease surveillance centre.…
BIRD FLU PANDEMIC
BY KEITH NUTHALL
THE BIRD flu outbreak that has paralysed global poultry markets could spark a related deadly human influenza pandemic, for which preparations must be laid, a World Health Organisation summit has concluded. “We have seen how many countries were preparing for terrorism and bioterrorism and we wish to point out that Mother Nature is the biggest bioterrorism of all,” said participant Dr Angus Nicoll, director of England & Wales’ Public Health Laboratory Service’s communicable disease surveillance centre.…
GOUT STUDY
BY KEITH NUTHALL
SCIENTISTS have for the first time scientifically confirmed that eating a diet rich in red meat causes gout. According to a study published in the USA’s New England Journal of Medicine, gout is 41 per cent more likely to be suffered by consumers with the highest consumption of beef, pork and lamb, compared with those with the lowest consumption.…
FLOOD RISKS
BY KEITH NUTHALL
THE ASSOCIATION of British Insurers (ABI) is pressing the UK Government to maintain its raised level of spending on flood defences, as it works towards its next public spending round announcement in the summer. Following the spate of disastrous floods in 2000, Whitehall in 2002 increased its annual spending on the problem by Pounds 150 million.…
EURATOM REPORT
BY KEITH NUTHALL
EURATOM has released its 2002 report on inquiries carried out by its European Commission officials tasked with checking the safety and security of nuclear installations across the European Union (EU); although the paper’s conclusions was generally satisfactory, it notes a number of problems detected that required resolution.…
PLANE SHOP
BY PHILIP FINE
A LOW-COST American air carrier has just set up a temporary retail shop in Boston to showcase its own wares that has been designed and furnished to look like one of its aeroplane cabins. Song, the low-fare unit run by Delta Air Lines, has opened the shop on a trial basis for two months.…
GM SUGAR BEET
BY KEITH NUTHALL
GENETICALLY modified sugar beet is between 15 and 50 per cent more environment-friendly than conventional beet, according to a University of Reading, England, study. It says that herbicide-resistant GM beet requires less weed killer and pesticide treatment, cutting tractor fuel used as a spin-off, reducing the crop’s impact on global warming.…
GM SUGAR BEET
BY KEITH NUTHALL
GENETICALLY modified sugar beet is between 15 and 50 per cent more environment-friendly than conventional beet, according to a University of Reading, England, study. It says that herbicide-resistant GM beet requires less weed killer and pesticide treatment, cutting tractor fuel used as a spin-off, reducing the crop’s impact on global warming.…
FISHING CRIME
BY KEITH NUTHALL
THE BEST place to break the law is where the closest policeman is 100’s of miles away. And where might that criminal utopia be? Siberia, the Sahara, the Amazon? No, it’s the Atlantic and Pacific oceans, on the developed world’s doorstep, where fishing crime is becoming a real problem.…
HOPS REFORM
BY KEITH NUTHALL
A PLANNED reform of the European Union’s (EU) Euro 12.5 million-per-year hop subsidy regime could push hop producers towards promoting speciality varieties, of interest to brewers seeking an edge in flavour and bitterness, a National Hop Association of England spokesman has said.…
RURAL BROADBAND
BY KEITH NUTHALL
A EUROPEAN Space Agency (ESA) pilot is combining wireless satellite broadband services with terrestrial local area networks (LANs) to bring high speed Internet access to rural areas in Britain. Working with the UK’s Avanti Communications, France’s Eutelsat and Rural Solutions – a British rural development group – the ‘Broadband Access for Rural Regeneration with DVB-RCS’ (BARRD) trial is about to begin.…
LIFE PROGRAMMES
BY KEITH NUTHALL
THE EUROPEAN Commission has announced the 2003 funding from its LIFE-Environment scheme, spending Euro 69 million across Europe, with money especially supporting integrated product production and novel waste management initiatives.
In the UK, Brussels has chosen projects that include a system for the recovery and recycling of X-Ray and other PET based films by JBR Recovery, of West Bromwich (Euro 1.7 million grant), a scheme for the bioabsorption of metals from abandoned mines by the University of Wales’ Institute of Geography and Earth Sciences (Euro 667,000), and Wednesbury’s G & P Batteries’ automated battery breaking system helping end of life battery management (Euro 436,000).…
CHOCOLATE MOUSETRAP
BY PHILIP FINE
A UNIVERSITY of Warwick team trialling scented plastic mousetraps have found that mice are more readily lured to their doom with chocolate, than devices laced with the scent of vanilla or cheese. Now, Sorex, a Cheshire, England, pest control company, says it will be marketing a new mousetrap, made out of plastic and infused with chocolate essence, bringing a new meaning to the phrase "death by chocolate."…
BRITAIN - ECJ CASES
BY ALAN OSBORN
BRITAIN is one of a number of EU countries being threatened by the European Commission with actions in the European Court of Justice (ECJ) for non-compliance with EU waste treatment and water laws. The potential legal action over waste management arises from a ruling by the ECJ in 2002 when the UK was condemned for failing to adopt waste management plans that conformed to the EU’s framework waste, hazardous waste and packaging waste directives.…
EEA WATER REPORT
BY KEITH NUTHALL
ITALY and Spain are living outside their means when it comes to fresh water abstraction, according to a new water report from the European Environment Agency (EEA). It brands these large European Union countries as being “water stressed,” exploiting more than 20 per cent of their annual fresh water supplies.…
EEA WATER REPORT - GREENWATCH
BY KEITH NUTHALL
EVERY year it seems, the international community has a pet topic in which it is fashionable to promote good behaviour, and this year the favoured cause seems to be water conservation. The World Bank, the UN Environment Programme and others have all produced weighty tomes on the need to conserve drinking water stocks.…
UK OFFSHORE FEATURE
BY ALAN OSBORN
FORGET all those stories you used to hear about weak regulation and cosy financial set-ups in Britain’s offshore dependencies such as the Channel Islands, the Isle of Man and the crown colony of Gibraltar. They may once have been good places to launder money but not any more they aren’t.…
NEUROTIC SMOKERS
BY KEITH NUTHALL
NEUROTICS and introverts often find it harder to quit smoking than extroverted happy people, according to research from the University of Warwick, England. It suggests that improving the social skills of these smokers may be more effective as an anti-smoking aid than a nicotine patch.…
NEUROTIC SMOKERS
BY KEITH NUTHALL
NEUROTICS and introverts often find it harder to quit smoking than extroverted happy people, according to research from the University of Warwick, England. It suggests that improving the social skills of these smokers may be more effective as an anti-smoking aid than a nicotine patch.…
HIGH TECH ANTI-FRAUD
BY JONATHAN THOMSON, in Newcastle, England, MATTHEW BRACE, in Brisbane and RICHARD HURST, in Johannesburg
ASK a human to find a needle in a haystack and they would probably spend five minutes at the most sifting through the stalks, then get bored and walk away.…
ACCESS TO WATER NETWORKS
BY DEIRDRE MASON
TECHNOLOGY may have produced many different ways of checking underground networks of pipes and sewers by remote control, but one problem remains the same: secure access. Even the smallest aperture can invite vandalism or, at its worst, deliberate contamination if it can be forced or broken easily.…
TANKS AND VESSELS
BY MICHAEL FOX
TANKS and vessels are used to store a huge range of hazardous liquids. But if they leak either from a failure of the storage system or during handling, many can pose a major threat to the environment and to groundwater.…
OFFICE INCUBATION FUND
BY KEITH NUTHALL
THE EUROPEAN Commission has launched an investigation into Britain’s planned Euro 115 million SBS Incubation Fund, which would provide soft loans to businesses intending to develop and operate office premises for small firms. Brussels thinks that the scheme could break European Union state aid rules, because it does not appear to follow existing regional aid rules, notably in terms of imposing caps on the proportion of costs that can be covered.…
FISHY ICE POPS
BY PHILIP FINE
A TEAM of inventors for American ice-cream maker, Good Humor-Breyers, have won a patent for using proteins from fish that thrive in freezing seas to improve water ices, sorbet, granitas and frozen fruit purées. One of the drawbacks of many ice treats is that most of the colour and flavour can be sucked away in the first few tastes, leaving plain ice behind.…
SPACE TECHNOLOGY
BY JONATHAN THOMSON, in Newcastle, England, PHILIP FINE and MONICA DOBIE, in Montreal, Canada
SPACE may be Star Trek’s final frontier, but in reality innovations used on rockets and satellites do not stay in orbit; they are often brought back to Earth where they have been used by auto-manufacturers to break their own technological boundaries.…
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.…
FLOOD DETECTION
BY KEITH NUTHALL AND MARK ROWE
RESEARCHERS at the University of Essex have developed a new method of measuring rainfall accurately, that they claim could help improve the control of floods and reduce the potentially devastating losses that they can cause.…
ATM AND SUSTAINABILITY
BY MARK ROWE
THE CURRENT ATM system is flawed in many ways – one key problem being the inherent inefficiencies of an airway system relying on ground-based navigational aids and routes set up around 50 years ago. ANSPs have a responsibility to ensure the environment – in the air and on the ground – is protected as much as possible from wasteful engine emissions of noxious substances.…
NATIONAL GRID
BY KEITH NUTHALL
THE EUROPEAN Investment Bank has drawn up plans to lend Britain’s National Grid Euro 200 million to help it finance its Euro 1 billion multi-annual investment programme to renew, reinforce and extend England and Wales’ transmission system.
Assuming the loan is approved by the bank’s board, the money would help pay for new connections, including distributed and renewable generation, as well as initiatives to reduce power losses.…
EU ROUND UP
KEITH NUTHALL
THE EUROPEAN Commission has taken an important step towards giving EU water legislation more teeth, by moving against Belgium’s system of “tacit approvals” of pollution. Belgian law allows companies to assume that they have a right to pollute if they make an application to regulators and then receive no reply.…
INTERSPECIFIC VINES
BY KEITH NUTHALL
THE EUROPEAN Commission is signalling a possible move from its ban on hybrid or inter-specific vines being used in appellation brands by paying for a research project into their quality and disease resistance, “taking into account all the scientific elements in order to provide a basis for decision.”…
LIFE ENVIRONMENT
BY KEITH NUTHALL
THE NATIONAL Coal Mining Museum for England is to receive a share of Euro 69 million in grants made by the European Commission under the EU LIFE Environment scheme. The museum’s INWATCO project has been selected for funding; it aims to demonstrate and evaluate innovative techniques and procedures for the integrated management of groundwater resources in coal mining areas.…
PLASTIC BAGS
BY JONATHAN THOMSON
SMALL shops in Ireland are losing Euros 450 (Pounds 300) worth of shopping baskets every month on average, following the introduction of a Euro 15 cent (10p) environmental levy on plastic carrier bags, according to an Irish small retailers group.…
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.…
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.…
NORTHUMBRIAN AND SEEBOARD
BY KEITH NUTHALL
A BID by Northumbrian Water to comply with the European Union’s revised drinking water and urban wastewater treatment directives could net the utility up to Pounds 100 million in loans from the European Investment Bank. Its officials are considering funding a number of water supply and wastewater schemes throughout Northumbrian’s northern England service area.…
NITRATE ZONES
BY ALAN OSBORN
NOT many items of legislation from Brussels have provoked quite such anger among farmers over the years as the nitrates directive, which seeks to protect water from nitrate pollution caused by the application of organic and inorganic fertilisers to agricultural land.…
RADIO FORD
BY JONATHAN THOMSON, in Newcastle, England
FORD UK is backtracking on an earlier promise to fit digital radios to all its cars by 2004.
When contacted by just-auto.com, a spokeswoman for the company denied reports that the company had ever made a commitment to fit digital radios.…
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.…
CHRISTIES/SOTHEBYS
BY ALAN OSBORN
SIGNIFICANT changes in the international art market, with possibly adverse consequences for European museums, galleries and other art buyers, could follow from a case being brought by the European Commission against the world’s two leading fine art auction houses, Christie’s International plc in London and Sotheby’s Holdings, Inc of New York.…
CONTRACT LAW
BY KEITH NUTHALL
ENGLISH lawyers would firmly oppose the establishment of EU legislation harmonising European contract law practice, claims the European Commission.
Releasing the results of wide-ranging consultation on four options for potential reform, Brussels said that the keenest opposition to EU legislation came from English lawyers, who “fear that the global significance of English common law would suffer.”…
UN - CORRUPTION
BY KEITH NUTHALL
BACK in the last century, it was easy to find economists who liked a little corruption, saying it oiled the wheels of government and commerce. Today, this complacency has gone, with most development specialists saying bribes weaken governments and shrink private investment.…
SMIRNOFF ICE CASE
BY PHILIP FINE
GUINNESS UDV is facing federal regulatory scrutiny in the United States after a competitor complained that its Smirnoff Ice TM malt based product misleads consumers, because in the US, it does not contain vodka; the New York State advertising industry’s self-regulatory apparatus has now referred the matter to the US Federal Trade Commission and the Bureau of Alcohol, Tobacco and Firearms after Guinness refused to take part in the review.…
REGIONAL GRANTS
BY KEITH NUTHALL
THE EUROPEAN Commission has announced that it will make Euro 11 million, (Pounds 6.73 million), available for five regional programmes of innovative actions in Britain, funds that can be tapped by local authorities. The benefiting regions are the east Midlands (Euro 2.33 million), eastern England (Euro 2.27 million), north-east England (Euro 1.1 million), Wales, (2.83 million) and Yorkshire & Humberside, (Euro 2.75 million).…
THE NET RISK
Keith Nuthall
A 2-day conference ending yesterday (Wednesday) in London has posed
questions which should be a matter of top priority to any financial
services company today: how well did the overall financial system and
individual organisations cope with the disaster of September 11th and what
lessons can we draw about dealing with similar outrages in the future ?…
PORT QUEBEC
BY MONICA DOBIE
WHAT is the region with the highest port consumption in the world? A fair assumption would be Portugal or maybe England, but actually, it is the French-speaking Canadian province of Quebec.
Port sales in the Canadian province have exploded from 276,000 750 ml bottles in 1995, to an estimated 3 million this year.…
SLEEMAN- BULMER
BY MONICA DOBIE, in Montreal
ONTARIO-based, Sleeman Breweries has announced that it has reached an agreement with H.P. Bulmer Ltd. of Hereford, England, to handle sales and marketing for its Strongbow premium packaged and draught ciders in Canada.
Bulmer cider became available in liquor stores in Ontario, B.C…
WATER PRICING
BY KEITH NUTHALL AND ALAN OSBORN
WATER pricing reform is on its way in the European Union. The water framework directive passed last year imposes a commitment on Member States by the year 2010 to ensure that their pricing policies “provide adequate incentives for users to use water resources efficiently.”…
NITRATES CASE
BY ALAN OSBORN
BRITAIN is being threatened with fresh legal action over its failure to comply with a European Court of Justice ruling concerning ground waters and surface freshwaters affected by nitrate pollution. These proceedings could result in London being given massive recurring fines of up to Euro 100,000 a day, until it obeys the ECJ.…
DOT MUSEUM
BY ALAN OSBORN
THE RULES and procedures for registering museum names on the Internet under the “dot museum” domain have become clearer following an agreement between ICANN, the internet supervisory body, and MuseDoma, (the Museum Domain Management Association).
MuseDoma has been founded and is financed by the Paris-based International Council of Museums and the J.Paul…
FOOT AND MOUTH
BY KEITH NUTHALL
THE EUROPEAN Commission has lifted the foot and mouth disease inspired ban on exports of pigmeat from parts of the UK, namely most of Scotland, bar Dumfries and Galloway, eastern England, and parts of north Wales. The ban for Northern Ireland was lifted in June.…
COTT DEAL
BY MONICA DOBIE, in Montreal
CANADIAN soft drinks giant the Cott Corporation has announced that it will invest US$29.5 million in cash, to form a new business venture with Polar Corp., an independent beverage supplier from Worcester, Massachusetts, in the USA.…
LEADER PLUS
BY KEITH NUTHALL
THE EUROPEAN Commission has approved the spending of Euro 119.2 million, (Pounds 74.71 million), of EU grants on rural development programmes in England from 2001 to 2006. Money is to be funnelled from the EU’s Leader Plus initiative via 23 Local Action Groups, which are to be selected by the UK Department for Environment, Food and Rural Affairs.…
EEA SUSTAINABILITY REPORT
KEITH NUTHALL
IN the world’s continually growing urban communities, household consumption of water accounts for the bulk of demand, and as such, has to be the target of conservation strategies, for them to maximise their effectiveness.
However, a rather gloomy report from the European Environment Agency has claimed that high prices and lack of information are preventing many households from using devices that can substantially cut their water consumption.…
PARALLEL TRADING CASE
BY KEITH NUTHALL
THE RIGHTS of cosmetic and perfume retailers to sell re-exported products cheaply on the grey parallel market – against the wish of a manufacturer – are likely to be strengthened by an oncoming European Court of Justice ruling.…
BOSTON PORT
BY KATE REW
BOSTON port has hit back strongly against figures which apparently confirm that since 1998, it has lagged behind Portland, Maine, as New England’s number one port. In the last fiscal year, Portland handled 23.5 million tonnes of cargo and has become the number one port by volume in New England, with Boston trailing at 13.3 million.…
NETA
BY ALAN OSBORN
THE NEW Electricity Trading Arrangements (NETA) introduced in the UK on 27
March have begun smoothly, in spite of warnings earlier in the year from
electricity companies that insufficient testing of the system had taken
place and that market conditions were not favourable.…
FRAUD SERVICES
Keith Nuthall
FRAUD management departments can yield a gold-mine of valuable commercial data, a conference on IT crime has been told, and if marketing and product development managers are made aware of this fact, they might be prepared to boost crime prevention budgets that are often strapped for cash.…