Search Results for: Dutch caribbean
10 results out of 1144 results found for 'Dutch caribbean'.
OIL DEAL IN GRAFT COURT BATTLE COULD COST NIGERIA USD6 BILLION, PROSECUTORS CLAIM
A 2011 oil deal at the centre of a huge corporate fraud and corruption trial currently underway in a Milan court would see Nigeria lose nearly USD6 billion if it is not overturned, according to a report from Global Witness. Quoting claims made in the case, ‘Take the Future’ alleges that Italy’s partly state-owned Eni and Anglo-Dutch Shell knew that much of the USD1.1 billion they paid for a license to explore OPL 245 (oil prospecting licence) an offshore oil field in the Niger delta, ended up in the pockets government officials and did not end up in Nigerian state coffers, according to emails uncovered during the investigation.…
AUTO INDUSTRY CONTESTS EUROPEAN PARLIAMENT PUSH FOR TOUGH TRUCK EMISSIONS GOALS
THE EUROPEAN car industry has slammed the “excessively aggressive CO2 reduction targets” for new heavy-duty vehicles – trucks and lorries – backed by the European Parliament – the European Union (EU)’s directly-elected legislative body – on November 14 in at the Strasbourg plenary session.…
MIDDLE EAST PAINT MARKET MIXED BAG – AS ECONOMIC DIVERSIFICATION PROJECTS BOOST SALES WITHIN WEAK MARKETS
Paint markets throughout much of the Middle East are experiencing a downturn due to the region’s political instability and economic slowdown. However, manufacturers are nonetheless betting on a rebound as larger projects re-start and reconstruction begins in certain markets.
In the oil-based economies of the United Arab Emirates (UAE) and Saudi Arabia, lower oil prices have hit government budgets, causing state-backed projects to be suspended or delayed, while having a knock-on effect on the wider economy.…
ASIAN-OWNED GARMENT FACTORIES HELP GROW HAITI’S CLOTHING SECTOR
BY this time next year, there could be as many as 30 garment manufacturing factories that are owned and operated by Asia-based companies in Haiti, according to Georges Sassine, president of the Association des Industries d’Haïti (ADIH).
The Caribbean country has seen an influx of Asian-owned businesses since early 2017 and Sassine said there are presently almost 20 such garment factories in Haiti.…
DOMINICAN REPUBLIC LEADERS HOPE CLOTHING EXPORTS CAN GROW, DESPITE END OF USA ALLOWANCE
THE IMPENDING December 1 expiration of the Dominican Republic Earned Import Allowance Program (DR 2-for-1 or EIAP) has been met with equanimity by the Caribbean country and its manufacturers who hope the trading relationships created by the system can expand.
With the CAFTA-DR (Central America-Dominican Republic-United States Free Trade Agreement) continuing, the Dominican deputy minister of foreign trade Yahaira Sosa said in a recent speech: “Although not everything has gone as planned, regarding… exports and attraction of foreign direct investment (FDI), there are points that deserve to be highlighted.”…
TRUCKS PRODUCERS SEE EU'S CO2 EMISSION TARGET FOR 2030 AS 'FAR TOO AGGRESSIVE', BUT MEPs HOLD THE LINE
EUROPE’S auto-makers are shaping up for a political struggle with European Union (EU) parliamentarians as both sides debate a proposal to drastically decrease CO2 emissions from EU-made trucks.
A regulation proposed by the EU executive the European Commission this May (2018) – see https://eur-lex.europa.eu/resource.html?uri=cellar:f38df734-59da-11e8-ab41-01aa75ed71a1.0001.02/DOC_1&format=PDF…
CHINA PUTS KNITWEAR INTO RETALIATORY DUTY FRAME AS TRUMP TRADE WAR INTENSIFIES
THE CHINESE government has directly targeted the American knitwear sector in the latest tit-for-tat response in the trade wars launched by US President Donald Trump. Beijing has highlighted knitted goods in a list of products that maybe subject to retaliatory tariffs, should the USA impose a threatened third list of duties on Chinese tech, drafted over alleged thefts of American IP.…
AFRICAN DEVELOPMENT BANK PLOTS AMBITIOUS SOLAR ENERGY EXPANSION FOR SAHEL REGION
SOLAR energy in Africa ought to be a no brainer. The continent has lot of sun, and weak electricity supplies, especially in the Sahel and sub-Saharan Africa. And yet, climate finance that has developed since the Paris climate change agreement of 2015, that could help grow green energy in this sunny continent, has not focused on Africa.…
FAST CHARGING SPREADING ACROSS EUROPE
With lower battery and auto prices boosting the battery electric vehicle (BEV) market in Europe, the race is on to ensure there are enough fast-charging stations to satisfy demand.
The European Automobile Manufacturers’ Association (ACEA) warned European Union (EU) lawmakers July 5 that plans to force a continent-wide switch to BEVs through swingeing cuts in CO2 emissions caps for manufacturers, was doomed to fail due to the lack of charging points.…
ENERGY CLUSTERS ARE THE WAY FORWARD IN EU INFRASTRUCTURE PROJECTS, EXPERTS SAY
SUPPORTERS of the European Union (EU) as a political concept stress how it has the vision, and the money, to promote energy projects of common interest (PCIs) between its (for now) 28 member states. Their goal is to promote an effective continent-wide energy market that offers European citizens more security in their supply of gas, electricity and to a lesser extent oil.…