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Search Results for: European Parliament

10 results out of 17967 results found for 'European Parliament'.

NORTHER EUROPEAN RULE ON LIVESTOCK STUNNING TIGHTEN, CHALLENGING HALAL SECTOR DEVELOPMENT



A disconnect is growing between some European jurisdictions and halal certification systems over the stunning of livestock, which has the potential to stymie the growth of halal meat production.

Since last December (2020), European Union member states have had a freer hand to impose stunning requirements, even on proponents of religious slaughter, including kosher as well as halal production, because of a European Court of Justice (ECJ) decision.…

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THE POTENTIAL OF ITALY’S HALAL FOOD MARKET EMERGING POST-PANDEMIC



When France’s fast-food chain O’Tacos (www.o-tacos.fr) announced in 2020 that it would be selling in Italy its halal-certified French-style meat and vegetable wraps, Italian Muslims took this as a sign that halal was going mainstream in their country. O’Tacos’ first Italian outpost will open in January 2022 in Rome (delayed by Covid-19) and more openings in 2022 are planned in major Italian cities, including Milan and Bologna, said Yassin Baradai, founder of Milan-based Meem Communication (https://meemcommunication.com/

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HALOODIES SET TO RECOVER FROM THE PANDEMIC WITH GLOBAL EXPANSION PLANS



London-based Haloodies (https://haloodies.com/), which claims to be “one of the UK’s most trusted suppliers of Halal meats”, has fought against challenges posted by the Covid-19 outbreak and Brexit though expanding its online sales and reshoring production to Britain. Now, its co-founder and CEO says the company is ready to tap global markets.…

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SOUTH AFRICAN PAINT SECTOR LOOKS TO INNOVATION AS IT FIGHTS OFF IMPACT OF COVID-19 AND DEVASTATING RIOTS



The annual value of South Africa’s paints and coatings market will nudge USD2.1 billion (South African Rand ZAR33.3 billion) by 2026 after growing at a compound annual growth rate (CAGR) of 5.6% between 2021 and 2026.

These predictions from market researcher IndustryARC came in May (2021) as the industry battled the continued impact of the global Covid-19 pandemic.…

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UNIVERSITIES ARE MAGNET FOR INTERNATIONAL MONEY LAUNDERING – SPECIAL REPORT



Higher education institutions are being warned they could be a target for money laundering, with fees being financed by the proceeds of crime, including corruption, which might also buy property, cars and other items for students.

The problem has been highlighted in a series of reports.…

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FORMER UNDERCOVER DEA INVESTIGATOR SAYS CULTURE SHIFTS ARE NEEDED TO PROMOTE LONG-TERM PROBES ON ML PROS



A former DEA agent who laundered money undercover to attack the Medellín and Cali cartels has called for a root-and-branch reform of AML, so that its vast resources target the most suspicious transactions and the professional launderers who facilitate them. Speaking to MLB, Robert Mazur, who offered ML services to drug kingpins such as Pablo Escobar in the 1980s and 1990s to undermine their criminal networks, said that many laundering techniques used then are still in use today.…

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MYANMAR POLITICAL AND ECONOMIC DISRUPTION PUSHES CLOTHING ORDERS TO NEIGHBOURING CAMBODIA



Cambodian and Myanmar clothing industry leaders have confirmed a shift in manufacturing orders from Myanmar to Cambodia, caused by the economic and political disruption within Myanmar, since the February 1 coup.

Kaing Monika, deputy secretary general for the Garment Manufacturers Association in Cambodia, told Just Style that brands were starting to redirect orders to Cambodia, seeking more competitive prices, quality, delivery and compliance, but it was unclear if this would lead to factories moving at this point.…

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EU FRAUD ROUND UP – EPPO LAUNCH COMES AS EU INCREASES LAW ENFORCEMENT ACTION AGAINST FRAUD



European Union (EU) law enforcement, perhaps emboldened by the launch of the European Public Prosecutor’s Office (EPPO), has launched a series of cases and inquiries, including against high-ranking politicians accused of corruption. For example, Gabrijela Žalac, Croatia’s regional development and EU funds minister from 2016-9, and three accomplices, have been arrested, on EPPO orders, for alleged fraud regarding the purchase by her ministry of deliberately overpriced software for a public company.…

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BRITISH AND SWISS BANKS FINED EUR344 OVER ‘STERLING LADS’ ONLINE FOREX CARTEL



British and Swiss banks have been fined a total of EUR344 million for operating a cartel coordinating their foreign exchange (forex) spot trades of the world’s 11 most important currencies – USD, EUR, GBP, Japanese Yen, Swiss francs; Canadian, Australian and New Zealand dollars; Danish and Norwegian krone and Swedish Kroner.…

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APPAREL SECTOR: COUNTRY PROFILE BANGLADESH



The second-largest garment exporting country in the world, Bangladesh has grown its position as a key outsourcing hub since the 1980s.  

With a global market share of 6.26%, according to the World Trade Statistical Review 2021 (1), “The industry has come a long way,” said Md. …

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