Search Results for: Caribbean

Diageo is accelerating its expansion into the Russian rum market with a launch in May of a Russia version of its low-cost Shark Tooth brand. The spirit is being manufactured for Diageo by Russia’s Ladoga Group with a 40% alcohol content.…

EUROPEAN Union (EU) heads of states and governments have urged their ministers to agree important pieces of draft EU legislation that could potentially curb tax evasion in the bloc.

Meeting during a European Council meeting in Brussels last week (May 22), leaders were under pressure to act from media reports revealing how much untaxed incomes politicians, companies and rich business owners have stashed in tax havens.…

CUBA turned tobacco enthusiasts’ and international observers’ heads earlier this month when it filed its first ever complaint with the World Trade Organisation (WTO) against Australia’s tough tobacco plain-paper packaging restrictions.

The communist Caribbean island joined the Dominican Republic, Honduras and Ukraine in challenging Australia’s 2012 law which requires all tobacco products be placed in generic packages featuring graphic health warnings, but not brand logos.…

DESPITE the presence of anti-fraud legislation, fraud and corruption are an everyday part of life throughout South America, where fraudsters are unlikely to be convicted, let alone penalised.

“Penalties don’t really have an effect on fraudsters,” said Fernando Gamiz, an analyst at the Association of Certified Fraud Examiners (ACFE), with over 20 years of experience working on South American fraud.…

The Inter-American Drug Abuse Control Commission (CICAD), a technical agency of the Organisation of American States (OAS), is playing an increasingly influential role in the Americas in terms of fighting drug-trade linked money laundering. Specifically, CICAD has a central role in the unfolding of the Hemispheric Plan of Action on Drugs 2011-2015 which was adopted by the OAS in 2011, and includes key anti-money launderingAML components.…

IT is a long way from China, east Asia and south Asia to the key developed world markets or Europe and America. And with fashion being so dynamic, demand for a line could have dampened in the months between placing an order and receiving delivery.…

THE COLOMBIA government has launched a crackdown on illegal mining in its country, with agencies temporarily suspending the export licence of American coal giant Drummond and then permanently revoking the permits of 32 mine operators.

While the National Mining Agency (ANM) refused to tell the Mining Journal the names of the companies concerned while legal procedures were outstanding, it has said that 70% of the mines are for coal, and others were for gold and construction materials.…

THE SECRETARY General of the World Customs Organisation (WCO) has detailed how the world is woefully unprepared to fight the scourge of counterfeit medicines that can harm or even kill patients. Kunio Mikuriya was speaking at the opening session of a Conference on the Illicit Trafficking of Fraudulent Medicines, held at the Vienna International Centre, Austria, on February 14.…

BY KEITH NUTHALL

European Commission officials have warned that the European Union’s (EU) annual Euro EUR140 million meat and livestock market intervention budget is facing deep cuts. Heads of government will meet November 22-23 in Brussels to agree an overall 2014-20 EU spending deal.…

BY KEITH NUTHALL

European Commission officials have told just-food the European Union’s (EU) annual Euro EUR3.1 billion food production subsidy budget is facing deep cuts. Heads of government will meet November 22-23 in Brussels to agree a 2014-20 spending deal. And officials warn new proposals from European Council president Herman van Rompuy demand additional de facto cuts of 10.8% in all Common Agricultural Policy (CAP) spending – above an already planned 12% reduction.…