Search Results for: Russian
10 results out of 1230 results found for 'Russian'.
UKRAINE STEPS UP FIGHT AGAINST COMMERCIAL CRIME, BUT CONCERNS REMAIN
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.…
EUROPEAN UNION TIGHTENS SANCTIONS SCREWS ON RUSSIA AS SYRIAN CRISIS EXPOSES MOSCOW WEAKNESSES
The European Union (EU) has further broadened its sanctions targeting Russia to increase pressure on its government, as the fall of its ally in Syria weakens Moscow’s geopolitical position. EU ministers have now sanctioned Chinese suppliers of the Russian invasion in Ukraine, Russian crude oil suppliers and an airline, as well as companies alleged to be spreading disinformation in Africa and elsewhere.…
TRUMP TARIFFS COULD DISRUPT GLOBAL CAN MAKING INDUSTRY
The international can making and filling industry is assessing the impact of a second Donald Trump presidency in the USA, given he has threatened to impose universal tariffs on all imports.
Trump has floated imposing 10%-20% tariffs on all US imports, including trades with countries having free trade agreements with America.…
CHEESE-LOVING CZECHS EXPAND ADDED-VALUE DAIRY MARKET AND INDUSTRY
A strengthening domestic cheese market is expanding capacity for Czechia dairy manufacturers, who may use this additional production to boost export sales. Czechia may be a small European country but it is a significant cheese exporter, with more than half its cheese production sold abroad, according to Jiří Kopáček, of the Czech-Moravian Dairy Association (ČMSM).…
WEST AFRICAN SAHEL COUNTRIES STRUGGLE TO MAINTAIN HE SECTORS AS MIITARY RULERS FIGHT ISLAMISTS
Niger’s military government is insisting it has maintained higher education services despite international sanctions imposed on the west African country since the coup d’état of last July (2023). This has ruptured relations with western and some neighbouring countries, prompting concerns that Nigerien students might struggle to continue their studies abroad.…
EU LAYS GROUNDWORK FOR SANCTIONS ON RUSSIA AND RUSSIANS OVER ‘HYBRID’ CIVIL DISORDER ATTACKS
The European Union (EU) has widened activities that can spark EU sanctions to include so-called ‘hybrid’ threats, such as undermining electoral systems and hacking, which it says are employed by the Russian state and associated Russians. As Ukraine continues to fight a full-scale Russian invasion launched in February 2022, the EU Council of Ministers has approved the legal authority for imposing sanctions on [people and institutions seeking to weaken governance in the EU as it supports the Ukrainian resistance.…
INTERNATIONAL REGULATORY ROUND UP – CHOCOLATE MAKERS FACE MAJOR INCREASE IN COCOA PRICES SUPPORTED BY PRODUCER COUNTRY GOVERNMENTS
The Ghanaian government has welcomed an “unprecedented increase” in cocoa prices in the 2023/24 season of 129.36% year-on-year as the market responded to production declines worldwide – costing chocolate manufacturers dear. Ghana’s food and agriculture minister Bryan Acheampong said Ghanaian cocoa prices had risen from Ghanaian Cedi GHS20,928/tonne (USD1,325) and GHS1,308 (USD82.80) per 64kg bag in September 2023 to GHS48,000/tonne (USD3,030) or GH3,000 (USD190) per 64kg bag as the season wrapped last month (September 2024).…
EU ROUND UP – ROMANIA TOPS LIST OF EU INSTITUTIONAL FRAUD DISCOVERY SAYS NEW BRUSSELS REPORT
Romania uncovered EUR419 million’s worth of fraud associated with European Union (EU) spending programmes in 2023, detailed reports issued by the European Commission have revealed. The major spike in swindles, far above levels reported by other EU member states, were inflated especially by two sets of swindles associated with the EU Cohesion Fund, the bloc’s main regional development scheme, each accounting for around EUR168 million (2).…
COMMODITIES FRAUDSTERS TAP TRILLIONS OF DOLLARS POOL FOR THEFTS
With the global commodities market valued at USD121.2 trillion in 2024 and expected to generate USD136.8 trillion in 2029 (1), the scope for fraudsters to make money from this sector is vast. German statistical service Statista notes that commodities sales have latent augmentation, given that it all includes emissions trading systems expanding worldwide, along with energy products, food and drink, precious and industrials metals and more.…
CRYPTO INTELLIGENCE TOOLS' VALUE TO AML/CFT EXPANDS AS VIRTUAL CURRENCY USAGE GROWS
There are undoubtedly vast amounts of data available through cryptocurrency blockchains for AML/CFT/CFP compliance, supervision and law enforcement, making increasingly available and sophisticated assessment tools more valuable.
Yong Li, Anti‑Money Laundering Advisor, for Canada-based consultancy The AMLShop, told MLB of the available crypto-ledger data: “Up to the end of last month, for Bitcoin it’s 596 gigabytes [GB] and for the Ethereum it is about 1,100 GB.…