Search Results for: America

BRAZIL’S government is betting its domestic automotive manufacturing sector will recover its production after output declined 1.9% for all vehicles (barring agricultural vehicles) in 2012 compared to 2011, according to Brazil’s National Association of Automotive Vehicle Manufacturers (ANFAVEA).

With overall industrial production in Brazil falling 2.7% last year (2012), the Brazilian Institute for Geography and Statistics (IBGE) said “vehicles exerted the highest negative influence on the overall index, pressed by the decrease in the production of approximately 80% of the products surveyed in this sector, highlighted by the smaller production of trucks, tractor trucks for trailers and semi-trailers, chassis with motor for trucks and buses, diesel motors for trucks and buses, car pieces and vehicles for transportation of goods.”…

THE EUROPEAN Commission looks set to propose binding legislative standards for the 27 European Union (EU) member states to follow in exploring unconventional fossil fuel resources amid public concern over the environmental and social impact consequences of the main production method – hydraulic fracturing or fracking.…

REGULATORS worldwide are waking up to anti-money laundering (AML) and combating the financing of terrorism financing (CFT) vulnerabilities posed by complex financial instruments such as futures, options, contracts-for-difference, depository receipts, and so on.

Contemporary case studies are scarce, scant and usually sanitised for release into the public domain, for instance typologies published in recent years by: global AML/CFT body the Financial Action Task Force (FATF); the European Union’s (EU) FATF-style body Moneyval; the Asia/Pacific Group on Money Laundering; and the United Nations Office on Drugs and Crime (UNODC).…

WHILE Latin America has not seen the growth witnesses by emerging markets in Asia, their paint and coatings sectors are still strengthening, and can build on a higher historic levels of prosperity than most Asian countries.

And the industry is more robust than many.…

Venezuela’s steel industry and investors are hoping the country’s Interim President Nicolás Maduro will break with the policies of his late predecessor Hugo Chávez, which have severely buffeted a once largely private and highly profitable sector.

“The disaster of the industry is a combination of policy and mismanagement,” explained analyst Robert Bottome, director of the Caracas-based VenEconomy Publications Group.…

AMERICA’S Save Our Industries Act, also known as the SAVE Act, which would give a range of Philippines-made apparel duty-free access to the US, looks increasingly likely to be implemented. And the Filipino clothing and textile sector is happy. The bill, first introduced to the US Congress in 2009, is to be re-introduced to Congress this month for the third time.…

AUSTRALIA is set to become the world’s second largest exporter of raw cotton, with exports to jump by 11% to a record 1.1 million tonnes in the year ending July 2013, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has predicted.…

GHANA’S Kotoka International Airport (KIA) has been making the news for all the wrong reasons, from accounts of a brawl breaking out between different security services at the airport; to the interception of a shipment of Ghanaian plantain stuffed with cocaine reported by UK officials.…

New Zealand dairy giant Fonterra has highlighted its increasing focus on emerging markets, as the battle among global dairy companies for a share of markets in Asia, the Middle East and Latin America hots up. Just-food’s Jonathan Dyson spoke to Fonterra CFO Jonathan Mason as the company released its latest half-yearly results.…

SIGNIFICANT new market opportunities are set to emerge for the oleochemicals industry over the coming years, as potential new segments emerge and traditional uses diversify, while growth in emerging markets, particularly China, continues.

Delegates at the ICIS Asian Oleochemicals Conference, which took place in Kuala Lumpur on January 30-31, attracting around 90 delegates, were told that bio-based chemicals’ performance was getting better and better.…