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While Ukraine battles an invading Russian enemy currently occupying approximately 18% of Ukrainian territory (1), it is also focused on its battle with the ‘enemy within’, namely elevated levels of corruption and other commercial crime. 

Since the Revolution of Dignity in 2014, Ukraine’s pro-Western authorities have worked tirelessly to align themselves with European Union (EU) anti-corruption and anti-fraud efforts, notably establishing the National Anti-Corruption Bureau of Ukraine (NABU) in 2014, which prepares corruption cases for prosecution by a Specialised Anti-Corruption Prosecutor’s Office.…

Japanese paint manufacturers are facing challenging times – reducing costs where possible as the price of inputs rise, to reduce pressure on final product pricing as they deal with a local consumer market with declining consumption. Economic pressures caused by geo-political turbulence and the weak Japanese yen are both creating challenges, according to industry experts.…

Türkiye is a critical food and drink provider to the European Union (EU) and the UK, with trade set to grow as Türkiye ramps up production and adopts agri-tech and smart farming solutions. Renewed trade agreements under discussion with the EU (with whom Turkey is already in a customs union) (1) and a new projected trade agreement with the UK are also set to spur growth.…

The European Union (EU) has been busy chiselling the regulatory edifice of its much-vaunted European Capital Markets Union (CMU), but this growing legal framework has yet to deliver the deep capital pools that its framers envisaged.

Indeed, speaking at the European Banking Congress, in Frankfurt, on November 17, European Central Bank (ECB) president Christine Lagarde, bemoaned the lack of available EU capital (1):

“Today, European start-ups attract less than half the funding of their US counterparts, while the volume of investments in scale-ups in the United States is more than four times greater than in Europe,” she stressed.…

With consumers becoming increasingly health conscious worldwide, demand for vegan chocolate, replacing dairy ingredients with plant-based materials, is growing fast.

According to US-based Grand View Research, the global vegan confectionery market – dominated by chocolate – is anticipated to generate USD2.62 billion in annual revenues by 2030, expanding at a compound annual growth rate (CAGR) of 9.9% from 2023’s USD1.23 billion.…

Implementing international sanctions is never easy, but the sanctions regime on Iran is highly complex, buffeted by shifting diplomatic stances. With its Security Council ally Russia relying on Iranian military and technology supplies for it to pursue its invasion of Ukraine, time-limited UN restrictions on Iran’s nuclear programme officially lapsed on October 18.…

While the global economy has not performed as badly in 2023, as inflation-focused doomsayers predicted (the International Monetary Fund has projected 3% growth for 2023 and 2024, down from 3.5% in 2022), companies are still struggling, especially with interest rate rises.…

The City of London Police (COLP), the lead force on fraud and cybercrime in England, Wales and Northern Ireland has unveiled its first ever five-year plan, a ‘National Policing Strategy for Fraud, Economic and Cyber Crime 2023 – 2028′ (1).

The strategy’s aim is to improve police response to fraud, economic and cybercrime by delivering on three cross-cutting strategic objectives:

*Improve outcomes for victims – through a new, “innovative” Fraud and Cyber Crime Reporting and Analysis Service (FCCRAS) that replaces Action Fraud (the national reporting centre for fraud and cybercrime) in 2024;

*Proactively pursue offenders – through a shift to proactive, intelligence led investigations; and

*Protect people and businesses from these threats – by launching a new ‘PROTECT’ network of anti-fraud and cybercrime resources, combining systems and strengthening national co-ordination.…

Brazil generated 92.8% of its electricity from low or zero carbon sources during the first nine months of 2023, producing more clean power by proportion of overall output among all G20 countries in 2022, with a share of 89.1%, according to data released by London, UK-based global energy thinktank Ember (1).…

Policy initiatives aimed at reshoring large sections of the US automotive supply chain could seriously restrict the growth of the country’s electric vehicle (EV) market, a key UK motor industry conference was told on Wednesday (Oct 18). Speaking at the UK Society of Motor Manufacturers and Traders’ (SMMT) Global Trade Conference, in London, David Schwietert, chief policy officer at the Washington DC-headquartered Alliance for Automotive Innovation, aired concerns about the Biden administration’s Inflation Reduction Act’s (IRA) manufacturing incentives.…