Search Results for: European Court of Justice

Yes, Canada’s respected 75-year-old first ever indigenous Governor General should sue Elon Musk for defamation, as owner of Twitter, which published these untrue and poisonous comments.

Twitter and Musk made money from them – they attracted eyeballs, which boosted ad clicks, and boosted the social media site’s profile.…

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).…

In 2019, before Covid-19 knocked the industry off a seemingly unstoppable growth trajectory, 95 billion gallons of fuel was burned by commercial airlines worldwide said statistical service Statista.

Speaking to Petroleum Review, International Civil Aviation Organisation (ICAO) deputy director for environmental protection Jane Hupe said analysis undertaken by the UN agency found “that, by 2050, it would be physically possible to meet 100 percent of international aviation jet fuel demand with sustainable aviation fuels, corresponding to a 63 percent reduction in emissions.”…

Britain’s open register of beneficial ownership was groundbreaking worldwide but its effectiveness as a bulwark against money laundering is being debated, even as both the European Union (EU) and the US move ahead at varying pace to replicate the system. The question of whether BO registers should be open or closed is one that is being discussed in countries around the world.…

The China National Coatings Industry Association (NCIA) on July 31 informed members that it has been told by the ministry of ecology and environment to investigate the production, treatment and disposal of hazardous waste in the coating industry and compile a management guide based on the investigation’s findings.…

Accountants have been asked by the head of a global anti-money laundering group to work more closely with specialist government agencies worldwide who swap intelligence, helping police and prosecutors detect and block dirty money flows.

These financial intelligence units (FIUs) analyse transaction reports from banks, accountants, lawyers, casinos and other sectors with a legal duty to report suspicions about money laundering and terrorist finance.…

THE UNITED Nations’ Food & Agriculture Organisation (FAO) has proposed creating a permanent ‘observatory’ monitoring cocoa markets, assessing value and costs, to help chocolate sales revenues be more equitably distributed throughout supply chains.

In a report called a ‘Comparative study on the distribution of value in European chocolate chains’, the FAO said such “objectified and cross-checked data” would aid “a multi-stakeholder discussion” at national and global levels on revenue sharing.…

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

Malaysia’s 1MDB scandal is one of the largest ever embezzlement and money laundering cases, with Malaysian courts considering how at least USD4.5 billion was stolen and then spent or laundered from Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB). Former Prime Minister Najib Razak has now been convicted of charges associated with the scandal.…

DAIRY products are supposed to be healthy, tasty, clean and legal, but unfortunately, as with other industries, criminals seek to exploit demand created by honest suppliers through smuggling, mislabelling, adulterating and selling unsafe stock.

These concerns prompt regular action by police, for whom food fraud and related crime is an increasing risk worldwide, and given the international nature of today’s supply chains, cross-border collaboration between law enforcement forces is of special value.…