Search Results for: Colombia

International activity to understand and potentially extract natural gas from methane hydrates has intensified since 2010 with the continuation and launch of new research and development (R&D) projects and field production tests offshore and onshore, as shown in a new overview by Carolyn D Ruppel, chief of the gas hydrates project at the United States Geological Survey (USGS).(1)…

AUSTRALIA may have been strengthening its anti-money laundering (AML) systems, but an admission last year (2017) by the country’s biggest bank, the Commonwealth Bank of Australia (CBA), about AML failures was a clear reminder that reforms are still needed. The Commonwealth Bank admitted that it had breached Australian AML laws 53,700 times.…

BRAZIL’S textile sector would contract, should the country abandon its protectionist policies, however, its added value clothing industry would perform better, an Organisation for Economic Cooperation & Development (OECD) report has concluded.

Noting that average tariffs levels weighted by imports are almost twice as high in Brazil as in Colombia and more than eight times higher than in Mexico or Chile, the report highlighted how around 450 tariff lines are at the maximum of 35%, including textiles, apparel and leather.…

Brazil’s textile industry has reported an overall growth in sales of 3.2% for 2017, and even bigger increases are forecast for the year ahead. Latest data from the Brazilian Textile and Apparel Association (ABIT – Associação Brasileira da Indústria Têxtil e de Confecção) predicts an overall growth in revenues of 3.29% for the year 2018.…

THE RUSSIAN government has said it plans to significantly increase its beef exports from Latin American states (except from Brazil) to compensate for potential domestic supply shortages created by the existing ban on imports of meat from western countries and a recent ban on beef imports from Brazil.…

International police agency Interpol and its European Union (EU) counterpart Europol have
announced what they say is the biggest hit ever against online piracy with law enforcers
taking down more than 20,500 websites selling counterfeit goods seized in 26 countries.
Participating countries were Albania, Austria, Belgium, Bosnia & Herzegovina, Britain,
Colombia, Croatia, the Czech Republic, Denmark, France, Greece, Hungary, Iceland, Ireland,
Italy, Latvia, Moldova, Norway, Peru, Portugal, Romania, Serbia, Spain, Ukraine, the USA
and China special administrative region Hong Kong.…

PANAMA has been reforming its anti-money laundering (AML) regulations at a rapid rate as it tries to change perceptions of the country as a hub of money laundering and tax evasion. However, with serious loopholes remaining and grave doubts over its lack of investigative capacity, it remains some way from shedding its unwanted reputation.…

THE BRAZILIAN arm of Brussels-based speciality chemical firm Solvay says that it is prospering in Brazil though sales of biodegradable polyamide yarn Amni Soul Eco, reflecting the demand for bio-based materials and products in Latin America’s largest country.

Renato Boaventura, CEO of the Brazil Rhodia Solvay Group’s ‘fibras global business unit’ told WTiN.com…

‘Colourful’,’ young’, ‘big’ and ‘clever’ are words often bandied about to describe the positive qualities of Brazil, and they certainly could be used to define La Estampa, a Brazilian textile company specialising in digital print B2B.

With a global print capacity of 25,000 metres per day, La Estampa is able to punch its weight in global digital textile markets.…

THE GLOBAL increase in commodity prices for beef and veal has dampened demand in Russia for imports of these meat products. The country’s agriculture ministry has said imports fell 18.6% this January-May compared to the same period in 2016, That was mainly due to a rise in import prices, which since the beginning of the current year have grown by almost 25%, said ministry officials.…