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Search Results for: Colombia

10 results out of 216 results found for 'Colombia'.

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

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

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CANADA’S CANNABIS LEGALISATION OFFERS INVESTMENT GAINS FOR TOBACCO INDUSTRY, AND LEAF PRODUCTION COOPERATION

FACED with ever tightening restrictions on production, marketing and distribution, the tobacco sector is keeping a close eye on how the legalisation in Canada of another largely smoked product – cannabis – rolls out. On October 17, 2018, the consumption and cultivation of cannabis in Canada will become legal, making it the first G7 country to legalise recreational cannabis nationwide.…

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ONLY 11 MAJOR EXPORTING COUNTRIES PUNISH COMPANIES FOR GRAFT

A new report from Transparency International has found that only 11 major exporting countries in the world significantly punish companies that pay bribes abroad. The report, called ‘Exporting Corruption’, also found that more than half of world exports come from at least 33 jurisdictions, including several European Union (EU) member states, where companies that export corruption along with their goods and services face weak consequences. …

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SANCTIONS HOLD THE AML LINE AGAINST CORRUPT VENEZUELAN OFFICIALS GRAFTING COUNTRY’S EXTREME CURRENCY CONTROLS

AML compliance departments are having to take an increasingly close look at any transactions involving Venezuela, as its authoritarian government attracts increasingly large numbers of international sanctions.

The European Union (EU) in June sanctioned 11 senior Venezuelan officials following the May re-election of President Nicolas Maduro in polls that the EU said were “neither free nor fair and…lacked any credibility…”

The sanctions – see https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32018D0901&from=EN…

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

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

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QUÉBEC GOVERNMENT WILL HELP CANADIAN ALUMINIUM SECTOR PRESERVE JOBS FOLLOWING US TARIFFS

THE DEPUTY Premier of Québec this morning committed her government to helping the Canadian province’s aluminium sector preserve its current level of employment in the face of the American tariffs that have hit the industry since last Thursday.

Speaking at an international aluminium summit in Montreal, Canada, Dominique Anglade said: “If there’s a risk of a reduction in production and not being able to export as much, we will be here to support the companies to make sure they maintain the jobs in the sector.”…

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

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

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

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

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

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

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

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NAFTA TALKS UNDER THREAT AS TRUMP IMPOSES METAL DUTIES

THE PROSPECTS of a successful conclusion to the ongoing talks to renew the North American Free Trade Agreement (NAFTA) have taken a heavy blow from today’s decision by President Donald Trump to impose duties on steel and aluminium products from Canada and Mexico at 25% and 10%, respectively.…

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