Search Results for: Caribbean

BY KEITH NUTHALL

IT has long been outmoded and inaccurate to split the world into two camps: industrialised developed economies, and largely agricultural developing countries. The growth of the 1990s and the current decade means there is a wide range of social and economic sophistication and wealth amongst the poorer of these two old-fashioned categories.…

BY MARK GODFREY

THE EMPTINESS of the Giordano store in the departures terminal at massive Baiyun International Airport outside the southern Chinese megapolis of Guangzhou suggests hard times for Hong Kong’s most vaunted and ambitious apparel retailer. This is the capital of wealthy Guangzhou province after all, the manufacturing base for most of Hong Kong’s garment firms.…

BY ALAN OSBORN

IN this year’s Money Laundering Bulletin series of articles on the development of an international profession of anti-money laundering (AML) specialists, we have often examined specialists working at the sharp end. But that is not the whole story of course.…

BY JAMES FULLER

WHILE the global recession is hitting profits in the oil and gas sector worldwide, the Caribbean’s key producer Trinidad & Tobago remains bullish about the industry bringing it long term financial and economic stability. Indeed, the twin-island country’s minister of energy and energy industries Conrad Enill said this month that both a fifth liquefied natural gas (LNG) train and a new oil refinery are projects which are still firmly on the table for the Caribbean energy powerhouse.…

BY KEITH NUTHALL

THE THUMBSCREWS are being turned on the world’s tax havens, preventing their banks hiding assets from tax investigators worldwide. A comprehensive communiqué from April 1 and 2s’ G20 meeting in London committed member governments "to take agreed action against those jurisdictions which do not meet international standards in relation to tax transparency."…

BY PACIFICA GODDARD

WHILE net revenues for tobacco product sales in some key countries in South America have experienced growth in the last few years, in general the regional tobacco product market is stagnant. Producers blame increased excise rates, public health awareness, and new and more rigidly enforced regulations for the gloom.…

BY JAMES FULLER

THE TWIN island republic of Trinidad & Tobago is many people’s idea of a tropical idyll but Sunita Kissoon, senior nurse/midwife at the Gulf View Medical Centre in San Fernando, says medical care in her country is fundamentally lacking when compared to the UK.…

BY KEITH NUTHALL

THE WORLD Trade Organisation (WTO) has again censured the European Union (EU) for breaching global trading rules on its long running banana dispute with the USA and Latin America. An appellate panel of the WTO disputes settlement body found the EU’s discriminatory regime favouring imports of Caribbean and African bananas over central and south American fruit illegally harms American fruit companies.…

BY KEITH NUTHALL

EUROPEAN Union (EU) ministers have approved import quota and tariff levels for cane sugar shipped from India until 2009. The deal has been written into the EU’s sugar agreement with African, Caribbean and Pacific (ACP) states.

http://register.consilium.europa.eu/pdf/en/08/st14/st14962.en08.pdf

ENDS…

BY PACIFICA GODDARD, in Caracas; MARVIN HOKSTAM, in Paramaribo, JAMES FULLER, in Port of Spain

IT may seem like a good thing for fuel retailers to be based in country that is sitting on a bounty of fuel reserves. But that is not necessarily the case, as many Latin American and Caribbean retailers can testify.…