Search Results for: International business

BY ALAN OSBORN
BELGIUM has been told by the European Commission to change its “discriminatory” laws covering inheritance and registration taxes or face legal action. Belgian law says that non-profit associations, mutual societies, trade unions and international scientific associations must be established in Belgium to qualify for tax relief on gifts or legacies.…

BY KEITH NUTHALL
IMAGINATIVE fraudsters have stolen a march on the International Chamber of Commerce (ICC) by issuing a fake insurance policy in its name, which claims to protect businesses against the effect of an earlier false ICC insurance guarantee that the global business group unmasked this summer.…

Keith Nuthall
BRITAIN remained an averagely taxed economy compared with its competitor rich nations in the Organisation for Economic Cooperation and Development (OECD), according to a new report from this international think-tank. It says that the share of Britain’s GDP represented by tax take remained at 37.4 per cent in 2001, the same as in 2000.…

BY MARK ROWE
MANY air traffic control (ATC) organisations experience difficulties in attracting sufficient qualified staff. Indeed, the air transport industry does not seem to be as attractive an employer as it used to be. As a result, CANSO is examining selection and scaling methods, benchmarking qualification requirements, and evaluating common programmes for attracting new applicants.…

Keith Nuthall
IMAGINATIVE fraudsters have stolen a march on the International Chamber of Commerce (ICC) by issuing a fake insurance policy in its name, which claims to protect businesses against the effect of an earlier false ICC insurance guarantee that the global business group unmasked this summer.…

BY ALAN OSBORN
FOLLOWING “significant reforms” to its anti-money laundering system, Russia

has been removed from the list of non-cooperative countries maintained by

the Financial Action Task Force on Money Laundering, its parent body, the

OECD, has announced.

FATF president Jochen Sanio said Russia had given “strong assurances that

it will bring to a completion this reform process and the

implementation of its anti-money laundering framework.”…

Keith Nuthall
THE UNITED Nations’ (UN) International Court of Justice has fixed the disputed maritime boundary between Nigeria and Cameroon, having decided that the contested Bakassi Peninsula should be considered part of Cameroon.

The court ruled that the maritime boundary should be set from the point of intersection of the centre of the navigable channel of the Akwayafe River with the straight line joining Bakassi Point and King Point, with many elements following previous Cameroon-Nigeria agreements dating back to the 1970’s.…

BY KEITH NUTHALL
THE US government’s determination to maintain anti-dumping duties against Argentine exports of oil country tubular goods (OCTG) is being challenged at the World Trade Organisation by Buenos Aires, which has launched formal consultations on the row. This is the first stage in disputes proceedings; if the talks fail, then Argentina can demand that a WTO panel adjudicates over the duties.…

KEITH NUTHALL
THE INTERNATIONAL Road Transport Union (IRU) has called on the European Union (EU) to take precautions in preparation for the admission of new Member States from the east, to make sure the EU road haulage market is not flooded with cut-priced cowboy hauliers from these former communist countries.…

BY KEITH NUTHALL AND MONICA DOBIE
THE EUROPEAN Commission is to tighten rules on ballast management for international shipping to prevent the transport and release of alien species that can deplete the stocks of native species through natural competition.

In a broad strategy to boost the marine environment, Brussels warned that Baltic fisheries were particularly vulnerable to the introduction of alien species, given the sea’s low natural biodiversity.…