Search Results for: Dutch caribbean

South America often eschews regional economic trends, with countries having sharply diverging fortunes, reflecting their contrasting economic interests and performance, as well as differing political records and policies. The paint and coating sector is not insulated from these trends, and while global issues such as the Covid-19 pandemic and Russia’s invasion of Ukraine affect all national markets and producers, in South America, the impacts are often manifested differently across the continent.…

The Ukraine and Russian paint and coating sectors have both experienced major change since Russian military forces invaded Ukraine last February (2022), but as with the war, Ukraine’s industry has suffered much tougher damage.

Indeed, all sectors of the victim country’s economy have been hit hard by Russian military attacks and economic disruption, but none more so than Ukraine’s vulnerable chemical-based industries.…

St Kitts & Nevis, the western hemisphere’s smallest sovereign state (by population), has significant work ahead to meet international AML/CFT standards, despite significant reforms being passed in 2020 and 2021. The twin-island state, with just over 47,000 people, is, noted a Caribbean Financial Action Task Force (CFATF) mutual evaluation report issued January 2022, a “small international financial centre which consists of commercial banking, international banking, domestic insurance, international insurance, securities, money service businesses and credit unions”.…

Antigua & Barbuda has been making steady progress building its AML/CFT system, although mutual evaluation reports and third-party assessments suggest the twin island nation needs to continue forging fresh protections. It has, however, not released conviction and prosecution data since 2016 – making its AML/CFT effectiveness tough to assess.…

The Turks & Caicos Islands (TCI) has been improving its AML record, even as its courts have taken eight years to hear financial crime cases against former political leaders, including past Premier Michael Misick. He is charged with money laundering, conspiracy to receive bribes, and conspiracy to defraud the government, related to his 2006-9 tenure.…

While The Bahamas has recently been subject to unwelcome publicity about financial crime being committed on its territory, courtesy of the Sam Bankman-Fried scandal, its government has steadily been undertaking solid work to improve its AML/CFT performance.

Bankman-Fried, or SBF as he is widely known, is facing ML charges in the USA, which was part of the reason he was extradited from The Bahamas in December (2022), along with securities and wire fraud charges associated with his stewardship of crypto-exchange FTX (1).…

The is optimism within the Irish dairy industry that the acute trading challenges caused by Brexit may have abated thanks to the Windsor Framework deal between the European Union (EU) and the UK that amended the Northern Ireland Protocol. Producers and traders hope that the changes will give some certainty to an Irish dairy processing industry that relies on seamless transit across the Northern Ireland-Republic of Ireland border and onto Great Britain.…

European Union (EU) anti-fraud agency OLAF has told Belgium-based news wires it is probing fraud and graft in the EU’s EUR724 billion Recovery and Resilience Facility (RRF) (1), designed to help member states’ economies recover from Covid-19.

So far, EUR150 billion has been paid out, reported Brussels news service Knack, with Italy and Spain receiving more than 25% of payments.…

The Netherlands’ minister of education, culture and science Robbert Dijkgraaf’s call to let universities limit international student numbers if necessary has been welcomed by Dutch university leaders.

Mr Dijkgraaf made several proposals in an April 21 ‘letter to Parliament on internationalisation in higher education’ to the Dutch house of representatives (lower house of Parliament – Tweede Kamer).…

Kenya remains east Africa’s economic powerhouse and its ability to supply and encourage the region’s paint and coatings sector remains strong. Sales in paints, varnishes, pigments and other related coatings are expected to grow by 2.86% annually until 2028, according to insights from Statista (1), a Germany-based provider of market intelligence and business solutions.…