Search Results for: Nigeria

BY MAKKI MARSEILLES

TOBACCO manufacturing in Greece is alive and well and the industry is looking forward to a very fine future. A ban on smoking in public places introduced this April 1 has had very little effect so far and a reported 6% drop in sales alleged by some retailers has not been substantiated, stressed the Association of Greek Tobacco Industries.…

By Leah Germain, International News Services

Globalisation has created new opportunities for the transfer of people and products across borders, and broadened the scope of many businesses around the world. But it’s not all good news of course: one of the seamier sides of growing international commerce is the abduction and trafficking of human beings. 

The problem is getting worse. Just over a year since the collapse of the global market, countries around the world have reported a significant increase in cases of the exploitation of people for monetary gain. While cases of kidnapping and ransom continue to be common in African and Latin American countries, such as Nigeria and Venezuela, the majority of organized human trafficking cases are actually in Europe.…

BY KEITH NUTHALL

THERE were more pirate attacks from January to June of this year on crude oil tankers worldwide than in the same period of any year since 2004, the latest report from the International Maritime Bureau (IMB) has shown.…

BY KEITH NUTHALL

MOST people use a post office, so they are an ideal outlet for spreading important public health messages such as about avoiding HIV. As a result, the Universal Postal Union (UPU), UNAIDS, the International Labour Organization (ILO) and the UNI Global Union trade union federation are launching a global awareness campaign using post office.…

BY KEITH NUTHALL

THE GLOBAL body helping to fight maritime pirates has advised the paint and coatings industry to look hard at their supply routes and prepare contingency plans in case cargoes sail close to global piracy hotspots. At present, two problem areas stand out: off Somalia, in and out of the Gulf of Aden to the Red Sea; and to a lesser extent off western Africa, especially near the Niger Delta.…

BY KEITH NUTHALL

AFRICA’S economy has been weakened by an oil industry hit hard by the global recession and OPEC quota cuts, the Organisation for Economic Cooperation and Development (OECD) African Economic Outlook report has reported. Angola’s economy should contract 7.2%, assuming OPEC quota cuts hit oil production.…

BY KEITH NUTHALL

NIGERIA should divert foreign direct investment from its oil sector and into manufacturing and food processing, the UN Conference on Trade and Development has argued. A policy review says oil investment has not "had a major impact on economic diversification, technological innovation, employment, and poverty reduction."…

BY KEITH NUTHALL

IT has long been outmoded and inaccurate to split the world into two camps: industrialised developed economies, and largely agricultural developing countries. The growth of the 1990s and the current decade means there is a wide range of social and economic sophistication and wealth amongst the poorer of these two old-fashioned categories.…

BY KEITH NUTHALL and EMMA JACKSON

IF the competition to build gas pipeline networks from Russia, the Caucasus and central Asia to central and western Europe were a horserace, commentators would say it was still too close to call.

For although politicians and diplomats in Brussels, Moscow and other European capitals would never admit it publicly, these multi-million investment projects are contests of power and influence.…

BY JAMES FULLER

WHILE the global recession is hitting profits in the oil and gas sector worldwide, the Caribbean’s key producer Trinidad & Tobago remains bullish about the industry bringing it long term financial and economic stability. Indeed, the twin-island country’s minister of energy and energy industries Conrad Enill said this month that both a fifth liquefied natural gas (LNG) train and a new oil refinery are projects which are still firmly on the table for the Caribbean energy powerhouse.…