Search Results for: Brazilian

BY PAUL COCHRANE, in Beirut

CONTRARY to Islamic stereotyping, lingerie sales are extremely healthy in the Middle East, although the brand is not as important as the style.

Indeed, there is lingerie openly on display that in Europe would usually be confined to sex shops.…

BY PAUL COCHRANE, in Beirut

CONTRARY to Islamic stereotyping, lingerie sales are extremely healthy in the Middle East, although the brand is not as important as the style.

Indeed, there is lingerie openly on display that in Europe would usually be confined to sex shops.…

BY KEITH NUTHALL

THE SOYBEAN industry is being exploited by international criminals to hide their illicit profits, the Financial Action Task Force (FATF), the world’s premier anti-money laundering body, has warned. In its latest ‘typologies’ report explaining the methods of launderers, FATF has included a case study where an unnamed German company transferred funds to a Brazilian business partner as an advance payment for soybeans.…

BY KEITH NUTHALL

NON-EUROPEAN Union (EU) nuclear operators do not have to ask the European Commission permission to export uranium enriched within the EU, a European Court of Justice (ECJ) advocate general has concluded. Miguel Poiares Maduro was advising on a complex legal case focusing on the control of Brazilian-owned uranium transferred from Europe to the United States.…

BY PAUL COCHRANE, in Beirut

THE COSMETICS and toiletries market in the Middle East is booming with 12% growth expected this year in a US$2.1 billion sector. Market trends differ from country to country, but the general trend is rising demand for European cosmetics over local products in the wealthier Arab countries, largely due to aggressive marketing campaigns by the major brands, and high demand for unregistered, fake brand name perfumes in countries with sizeable low-income populaces, such as Egypt, Lebanon and Syria.…

BY KEITH NUTHALL

NON-EUROPEAN Union (EU) uranium owners do not have to ask the European Commission permission to export uranium enriched within the EU, a European Court of Justice (ECJ) advocate general has concluded. Miguel Poiares Maduro was advising on a complex legal case focusing on the control of Brazilian-owned uranium transferred from Europe to the United States.…

BY KEITH NUTHALL

THE MULTILATERAL Investment Guarantee Agency, or MIGA, is the international organisation companies turn to when they want to invest in a jurisdiction where their assets might not be that safe. Oil and gas companies have long used MIGA to cover risks that are too tasty for the private insurance industry, and at December 2005, MIGA had supported 13 oil and gas projects, with guarantees totalling US$707 million, with a standard leverage of five-to-one, so investments covered are actually five times larger.…

BY STEVEN SWINDELLS, in Johannesburg

AFRICA’S tobacco leaf producers are facing troubled times.

Instead of capitalising on crop and currency woes in rival Brazil, too many producers across the world’s poorest continent are battling drought and low selling prices.

Brazil’s problems should have opened a door of opportunity for leading African producers to claim back at least part of the world leaf market lost to south American and other producers when Zimbabwe’s crop collapsed amid the violent seizure of white-owned farm land.…

BY KEITH NUTHALL
THE BRAZILIAN government has been racing to limit the outbreak of foot-and-mouth disease (FMD) in its top beef exporting state in Mato Grosso do Sul, appointing an emergency task force to pinpoint its origin and prevent the disease spreading.…

BY KEITH NUTHALL
THE EUROPEAN Commission is planning to ban Brazilian beef imports into the European Union from the cattle-rich Mato Grosso do Sul state, west-central Brazil, following a foot-and-mouth outbreak. The ban will apply to meat from animals slaughtered since September 30, affecting more than half of Brazilian exports to the EU, said Brussels.…