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Search Results for: united nations

10 results out of 4207 results found for 'united nations'.

US DECARBONISATION POLICIES BOOSTS DEMAND FOR AMERICAN BIOBASED OILS AND FATS



 

An increasing push for decarbonisation in North America is opening more opportunities for the production and sale of soybean oil, canola oil and other bio-based fats and oils.

Rising demand from the domestic energy sector is increasingly leading the US oilseeds, oils and fats industry to re-valuate the value of their products as feedstock for renewable fuels and biodiesel.…

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SOUTH AFRICA UPS ITS AML GAME TO GET OFF THE FATF GREY-LIST



South Africa, added to FATF’s grey list this February (2023) (1), is overhauling its AML regime to escape this listing and better address financial crime and terrorist financing in Africa’s largest economy. The country’s FIU, the Financial Intelligence Centre (FIC), is confident about progress and “optimistic” it will be removed from the Financial Action Task Force (FATF) grey-list before its next mutual evaluation review, maybe beginning next year (2024).…

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UK AUSTRALIA FREE TRADE DEAL OFFERS WOOL TRADERS CHANCE TO EXPAND YARN CHOICES FOR TEXTILE MANUFACTURERS



The wool and textile sectors of Australia and the UK will be closely assessing the impact of the UK-Australia Free Trade Agreement (FTA), which came into force on May 31 (1). The agreement, one of the first major trade deals stuck by the UK following its Brexit from the European Union (EU) in 2020, includes a significant reduction and removal of tariffs in trade between the two.…

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KENYA GOVERNMENT MULLS TEXTILE PROTECTIONISM, BUT INDUSTRY LEADERS WARN THIS COULD BE A MISTAKE



Kenya’s government has proposed imposing a 25% tariff increase on imported clothing and textiles, a move designed to wean Kenyans off luxury imported clothes, supporting a domestic clothing and textile industry that has been harmed deeply by foreign-made garment sales.

Confirming the intention to introduce the new tax measures, investments, trade and industry cabinet secretary (minister) Moses Kuria said the new taxes would help Kenya’s textile and clothing industry: “The country has a rich textile sector that should be expanded,” said Kuria on August 14, while addressing Kenyan textile investors.…

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USA WHISTLEBLOWER WINNING USD69 MILLION SAYS FORMER EMPLOYER IGNORED RISK OF OVER-CHARGING GOVERNMENT



An American whistleblower has said she warned her former employer Booz Allen Hamilton Holding Corporation of its wrongdoing before suing it on behalf of the US government, then receiving a USD69,828,832 reward for exposing procurement fraud. Sarah Feinberg this week told US newspapers, such as the Washington Post, how she used the US Civil War-era ‘qui tam’ provisions of the False Claims Act (FCA) to make the claim and receive a 15% to 30% share of any payout.…

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INNOVATIVE ESTONIAN DAIRY INDUSTRY FORGES DIVERSE PRODUCT RANGE, SOLD WORLDWIDE



The dairy industry if Baltic State Estonia may be small, but it has seen continuous growth, with 2022 marking the 22nd consecutive year of increased milk production in a country blessed with abundant natural grassland.

“Estonia is among the best in Europe in terms of cow milk production,” Aire Pentjärv, head of the dairy animals performance testing department, of Estonian Livestock Performance Recording Ltd (EPJ – Eesti Põllumajandusloomade Jõudluskontrolli AS), told Dairy Industries International.…

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UN SDG SUMMIT PUSHES GOVERNMENTS TO START INCREASING EDUCATION FUNDING TO BOOST SUSTAINABILITY



UN member states have been urged to create solid national policy and spending commitments to achieve the body’s Sustainable Development Goals (SDG) by 2030, including the key SDG4 on education. https://sdgs.un.org/goals/goal4 Its aim is inclusive and equitable quality education, delivering lifelong learning opportunities for all.

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CHINA ADDRESSES DIVERSIFICATION OF CLOTHING SOURCING AWAY FROM ITS OWN SHORES



The China National Garment Association (CNGA) in a new briefing (1) on China’s clothing industry economic operations for H1 2023 warned that China’s clothing industry is under serious pressure. Insufficient post-Covid demand recovery in international markets due to inflation and central banks’ tight monetary policies have been exacerbated by overseas customers transferring orders to other countries.…

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AROUND THE WORLD IN APPAREL DUE DILIGENCE LEGISLATION



Regulators worldwide are cracking down on poor labour and environmental practices in apparel supply chains amid growing concerns about upstream parts of the clothing industry. Probes into major international fashion brands, who have been criticised about alleged malpractice by their suppliers have been encouraging legislative and regulatory reforms.…

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UK PUBLIC SECTOR FRAUD BODY SAVED GBP311 MILLION IN FIRST YEAR



The UK’s new Public Sector Fraud Authority (PSFA) saved taxpayers GBP311 million (USD377.5 million) in its first year of operation, far outstripping the GBP180 million (USD218 million) target set at its launch in August 2022. Baroness Neville-Rolfe, minister for the Cabinet Office, unveiled the “big win for taxpayers” at a September 2023 meeting of the International Public Sector Fraud Forum, which brings together the so-called ‘Five Eyes’ nations – Australia, Canada, New Zealand, the UK and the United States – to share best practice in combatting public sector fraud.…

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