Search Results for: Dominican Republic

BY MARK ROWE

THE ONWARD march of the Chinese economy and its cheap labour appears to be on the verge of claiming another high profile casualty: the Czech leather shoe manufacturing industry. The country that gave the world Bata shoes, and which in the inter-war years carved itself a proud niche as a highly respected manufacturer of shoes, has been overwhelmed by Asian shoe imports sold at prices with which venerable companies are unable to compete.…

BY KEITH NUTHALL

FRANCE, the Czech Republic and Poland are encouraging the European Commission to obtain sufficiently detailed data on an alleged boom in European Union apple imports to allow temporary protective safeguard duties to be erected, in line with World Trade Organisation (WTO) rules.…

BY KEITH NUTHALL

THE EUROPEAN Commissions rapid alert system for food and feed (RASFF) has warned of sales in the Czech Republic of Spanish fruit flavour confectionary containing excess colouring E124 and in Austria of foods containing unauthorised Indian ingredient betel nuts.…

BY STEVEN SWINDELLS, in Johannesburg

THE FORTEEN countries of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) have their AML/CFT work cut out. Under-funded, lacking resources, short of political will and working in a region that leaks money like a sieve…it is a demanding context for the group’s daunting tasks.…

BY KEITH NUTHALL

THE COMPLIANCE Advisor/Ombudsman (CAO) of the World Bank group has accused the international organisation’s Multilateral Investment Guarantee Agency (MIGA) of failing to ensure a Congo mining project’s security could not endanger local citizens. The ombudsman ruled in an investigation into assistance provided by Canada’s Anvil Mining in 2004 to the Democratic Republic of the Congo (DRC) army’s retaking from rebels a town used to ship copper and silver from its Dikulushi mine, in the southern DRC.…

BY KEITH NUTHALL

IRISH natural gas company Finavera Ltd claims a technical evaluation of its Lough Allen natural gas field, in the northwest Irish Republic and Northern Ireland has revealed 9.4 trillion cubic feet gas reserves.

ENDS…

BY WESLEY GIBBINGS, in Port of Spain, Trinidad

WITH its multiple small jurisdictions, offshore tax havens and proximity to both drug producing countries in Latin America and the United States, the Caribbean has always been a focus of global anti-money laundering efforts.…

BY KEITH NUTHALL

THE EUROPEAN Commission’s competition directorate general has said it will launch legal action against restrictive business practices and abuses of dominant positions in European Union (EU) gas markets. In a long awaited report, it promised to act against long-term downstream contracts and restricted access to capacity on gas pipelines, storage and inter-connectors between member states.…

BY KEITH NUTHALL

THE MULTILATERAL Investment Guarantee Agency (MIGA), of the World Bank, is to review its compliance procedures regarding the social impact of projects it supports, following a critical report from the Compliance Advisor/Ombudsman (CAO) of the World Bank group about a Congo mine.…

BY KEITH NUTHALL

BY KEITH NUTHALL

UNEP – RISK MANAGEMENT

A BOOK detailing practical ways in which governments can reduce the costs of dealing with major challenges such bird flu, terrorism and climate change has been released by the United Nations Development Programme (UNDP).…