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Search Results for: America

10 results out of 1848 results found for 'America'.

LA ARENA APPAREL INDUSTRIAL PARK IS READY TO BOOST HONDURAS MAQUILA INDUSTRY AFTER COVID-19 LOW



After completing the technical testing required, central America’s largest apparel factory is about to open in Honduras, producing sportswear for major brands such as Nike or Under Armour, an executive informed just-style.
La Arena, the Tegra Global-owned industrial park in San Pedro Sula, in the country’s north, will receive around 100 employees during the last week of August – its inauguration was delayed from January because of the Covid-19 pandemic.…

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RANSOMWARE POSES INCREASING RISK TO MAJOR COMPANIES



The cyber-attack on the Colonial Pipeline Co in the USA, which sparked the temporary closure of the eastern United States’ most important fuel pipeline, has focused attention on the risks posed by ransomware on major companies. These risks are increasing. Keith Nuthall reports.…

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GLOBAL MASK MANUFACTURING INDUSTRY AND MARKET WILL REMAIN ROBUST AFTER COVID-19



INTRODUCTION

 

THE MANUFACTURE of protective masks has been maybe the largest growth area in the international textile and non-wovens industry during the Covid-19 pandemic. Billions of people have donned masks as they seek to avoid catching a disease that by June 11 (2021) had killed 3.7 million people and infected 175 million [1].…

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US DOLLAR’S DOMINANCE BEING CHALLENGED BY CRYPTO – BUT WILL THIS WEAKEN AMERICAN SANCTIONS AND AML ENFORCEMENT?



AMERICA has long been the global policeman of international sanctions, including breaches of AML rules, but evidence suggests that the US dollar’s use in international transactions could be weakening and is having to compete with the rising power of crypto currencies.…

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WASHINGTON SHOULD WORK WITH ARAB STATES TO SECURE PEACE WITH IRAN - KEEPING CHINA AND RUSSIA AT BAY



President Joe Biden may think he has three main foreign policy priorities this year – China, Russia and Iran – but the truth is, as far as the Middle East is concerned, all these challenges roll into one.

That is because both China and Russia are seeking increased influence in the Middle East, and hoping for potential missteps from the USA over the Iran file to leverage their diplomatic positions.…

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GLOBAL MICROCHIP SHORTAGE PROMPTS ONGOING CONCERN OVER MANUFACTURING CAPACITY IN US AUTO SECTOR



GLOBAL ratings agency Fitch has warned that the current global shortage in semiconductor supplies is expected to continue – a major worry for automotive manufacturers and traders seeking to ramp up production as Covid-19 declines, especially as vehicles become ever more reliant on micro-chips.…

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ILLEGAL DRUGS ARE STILL THE LARGEST SOURCE OF DIRTY MONEY WORLDWIDE



 

The narcotics trade was a prime motivator to enact global anti-money laundering regulations to curb dirty money flows. Over 30 years later, drug trafficking is still considered the largest transnational crime by international law enforcement agencies. It is worth an estimated USD344 billion-a-year, according to Interpol, followed by counterfeiting crimes (USD288 billion) and human trafficking (USD157 billion).…

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MEXICO CLOTHING INDUSTRY TO IMPROVE AMERICAN TRADE RELATIONS UNDER BIDEN ADMINISTRATION



With President Joe Biden assuming office in the United States, the Mexican clothing and textile industry is hoping improved trading relations, building on the legacy left by former President Donald Trump that it regards largely positively.

The Mexican Apparel Association (CANAIVE – Cámara Nacional de la Industria del Vestido) was particularly happy with the renegotiation of the North American Free Trade Agreement (NAFTA), now called the US-Mexico-Canada Agreement: “USMCA opened new opportunities for our industry while seeking to obtain a more solid regional integration,” said CANAIVE, in a note to just-style.…

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EU COMMISSION FINES THREE BANKS EUR371 MILLION OVER BOND CARTEL



 

The European Commission has fined three banks, UBS, Nomura and UniCredit a combined total of EUR371 million (USD452 million) over their role in a European government bond (EGB) cartel involving four other banks. All three deny wrongdoing and are considering or will appeal the fines before the European Court of Justice (ECJ).…

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USA IMPOSES TOUGHER SANCTIONS ON RUSSIA OVER CYBERATTACKS, ELECTION MEDDLING AND ASSASSINATIONS



CONCERN about continued Russian meddling in American elections, the ‘SolarWinds’ backdoor hack into major US institutions, and targeted assassinations of dissidents abroad, have sparked the imposition of major new sanctions powers by President Joe Biden,

Declaring a national emergency to fight the cyber-crime threat posed by Russia, Biden released an executive order giving his administration wide-ranging powers to freeze and block asserts of Russian individuals and companies deemed associated with these Russian intrusions.…

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