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Moscow’s action on 90% demineralized whey powder followed up an announcement made in March 19 by Prime Minister Mikhail Mishustin that from March 20 “for one month, all restrictions on the supply of essential goods, including customs, are cancelled”. This was followed up by a government plan allowing for the easing of sanctions-related restrictions – see http://static.government.ru/media/files/vBHd4YRxpULCaUNNTFLVpPSZbMCIA2Zq.pdf…

Comprised of a dry shampoo, deodorant, face moisturiser, lip balm, and more recently, body lotion, the line is sold only in North America and available in gym or travel sizes.  “For over 20 years, lululemon has been focused on solving athletes’ needs.…

EAST Asia’s auto-making hubs may have been making a better fist of dealing with the Covid-19 crisis than manufacturing centres in Europe and north America, but the pandemic has been harming the industry in the region.

Government responses have varied, however, with no major scrappage packages being announced.…

With many brands and manufacturers unable to visit factories due to travel bans and lockdowns during the Covid-19 crisis, experts have told just-style that there are numerous ways they can still proceed with responsible sourcing, using trusted local representatives. Hervé Ostrowski, chief operating officer at Hong Kong-based supply chain compliance solutions provider QIMA, advised that “brands must have reliable boots on the ground…who can still carry out onsite audits when possible.”…

USE of the so-called ‘wonder material’ graphene in the energy sector is growing fast, with its thin sheets of carbon atoms in a honeycomb shape, stronger than diamond yet flexible, offering excellent thermal and electronic conductive properties. Given it also offers an extremely high surface to material ratio, graphene energy storage and capture uses are being developed to make batteries, supercapacitors, and solar panels.…

There is, however, much less protection in Latin America. In Brazil, the country’s justice and public security minister Sérgio Moro left the job in April accusing President Jair Bolsonaro of interference with federal police work. By doing so, he effectively became a whistleblower himself, but his suggestions on the topic are far from being the law of the land.…

GERMANY’S strong paint and coatings industry is facing a significant loss in sales because of the global Covid-19 pandemic – Germany expects a fall in economic output of up to 20% in 2020. Industry experts expect that the country’s coatings and paint industry will suffer accordingly.…

Derisking through the dismantling of correspondent banking relationships continues to be a problem, according to the latest data, prompting concerns that informal transaction networks may grow, whose AML checks may be less robust than those applied by traditional banks.

The European Union (EU) is concerned, with the European Banking Authority (EBA) in October 2019 issued a report on risks affecting the financial sector, with derisking one of its biggest concerns regarding money laundering.…

GIVEN the hundreds of billions of dollars spent by banks on fighting money laundering, fears that trade-based money laundering (TBML) remains widespread, as stressed by FATF, the APG (http://www.fatf-gafi.org/publications/methodsandtrends/documents/trade-basedmoneylaunderingtypologies.html), and most recently, the European Commission (https://ec.europa.eu/info/sites/info/files/supranational_risk_assessment_of_the_money_laundering_and_terrorist_financing_risks_affecting_the_union_-_annex.pdf), are of serous concern. The World Trade Organisation (WTO) said that in 2018, global merchandise exports were worth USD19.48 trillion, so there is plenty of place for laundered money to hide.…

SLOWLY, but steadily, the world’s energy policies are turning green, towards promoting a sustainable future, targeting an increasingly universal goal of achieving carbon neutrality by 2050. With evidence mounting not only that climate change is accelerating, but potentially wreaking serious damage on the world’s economies and peoples, the Paris Agreement goal of holding the rise in global temperatures to well below 2C trying to limit it to 1.5C is being reflected in the plans of governments, regional and international organisations.…