Search Results for: Dominican Republic

BY PACIFICA GODDARD

INTRODUCTION

There are signs around the world that the textile market is beginning to recover from the global economic crisis, and developing markets will be leading that recovery. Asia is, of course, at the forefront, but many countries in Latin America have also weathered the crisis and have come out in a surprisingly decent position, with their dynamic textile and apparel industries well positioned for future expansion.…

BY GARRY PIERRE-PIERRE, EMMA JACKSON and ALAN OSBORN

THE DOORS of Little Europe and other high-end boutiques in Haiti’s ravaged capital city have not experienced much traffic since an earthquake with the magnitude of seven on the Richter scale struck in January.…

BY MARK ROWE

RUSSIA’S near abroad appears to offer an A-Z of both money laundering activities – from low level corruption to more sinister opium-based profits – and of the wide spectrum of governmental attitudes towards tackling the problem.

"While Russian and Ukrainian gangs have a presence in a lot of the activity in the region, most money laundering is still done by indigenes," said Mark Galeotti, of the Centre for Global Affairs at New York University (NOTE – SPELLING IS CORRECT).…

BY WANG FANGQING

CHINA will continue to crack down money on laundering in the next two years with a heavy hand, according to the nation’s central bank and financial intelligence unit, the People’s Bank of China (PBC). The bank announced a new five-year anti-money laundering strategy, beginning in 2008 and running to 2012, at a conference held in Beijing at the end of December 2009.…

BY PAUL COCHRANE, KARRYN MILLER and KEITH NUTHALL

IRAN may be a democratic theocracy, but it certainly does not take the moral high ground when it comes to tobacco smuggling. The World Health Organisation (WHO) has in the past identified Iran as being one of only two countries in the world where more than half the cigarette market share comprises contraband.…

BY EMMA JACKSON

THIS April, the long-awaited carbon reduction commitment (CRC) scheme will commence in the UK, bringing in the first phase of a carbon emissions trading programme unlike any other in Europe.

The programme covers virtually everything the European Union’s (EU) emissions trading scheme (ETS) does not: any corporation, company or business – including transport and agriculture – which consumes more than 6,000 megawatt hours (MWh) per year.…

BY MARK ROWE and KEITH NUTHALL

THE RUSSIAN government is welcoming anticipated talks with the European Union (EU) to negotiate a nuclear partnership agreement that would facilitate nuclear trade and exchange of knowledge on safety issues. The EU’s executive arm, the European Commission was given a mandate to begin talks just before Christmas, and the new college of commissioners taking office for five years this month (February) will be responsible for moving the process forward.…

BY MARK ROWE

THE NEXT few years are likely to see several countries accede to the European Union (EU), with significant implications for the personal care sector. Local producers of toiletries, detergents and cosmetics, as well as multinationals in a number of countries, are closely following the negotiations conducted by their governments.…

BY ANDREW SALMON

TO assess the state of financial sanctions and how they are affecting Pyongyang, capital of North Korea, the first man to ask is an unassuming-looking Englishman named Nigel Cowie. "We have not been affected [by the latest sanctions] in terms of the need for increased compliance," said Cowie, CEO of Pyongyang-based Daedong Credit Bank.…

BY MARK ROWE

MOLDOVA would appear to fit the description of a far away country about which the world knows nothing. But its location, adjacent to Romania, (one of the two most recent European Union (EU) member states, Ukraine, the Black Sea and the disputed, politically uncertain region of Transnistria (which remains formally part of Moldovan territory, while its government has little authority there), is extremely familiar, and favoured, by counterfeit cigarette producers and traffickers.…