Search Results for: Germany
10 results out of 3221 results found for 'Germany'.
COVID-19 HELPS ORGANISED CRIME EXPLOIT ITALY’S WEALTHY FOOD SECTOR
THE FOOD industry is one sector that has performed well during the Covid-19 crisis, but like others, it has become more vulnerable to crime during the pandemic. Brenda Dionisi and Keith Nuthall examine these commercial crime trends in Italy.
THE REPUTATION of Italy contains many remarkable feats – and amazing food is one of them.…
TURKISH DENIM MAJOR MAVI JEANS KEEPS GROWING WORLDWIDE, DESPITE COVID-19
Mavi, the Turkish denim giant, sold 9.7 million pairs of jeans worldwide in 2019, and, its chief executive has told just-style, has rebounded from the shuttering of the garment sector earlier this year with e-commerce sales doubling in its major markets.…
BIGGEST EXPORTERS ARE WORST AT FOREIGN BRIBERY ENFORCEMENT
Countries exporting the most goods and services are also the worst at foreign bribery enforcement, according to the latest report from anti-graft group Transparency International. ‘Exporting Corruption Progress Report 2020: Assessing Enforcement of the OECD Anti-Bribery Convention’ finds that most countries assessed (34 out of 47), conducted weak or no enforcement of their foreign bribery laws, in part hindered by a lack of public information on beneficial ownership. …
LATIN AMERICA’S PAINT SECTOR REELS FROM COVID-19, BUT KEEPS CLOSE EYE ON POST-PANDEMIC RECOVERY
LATIN America has been hit particularly hard by the Covid-19 pandemic – with Chile, Peru, Brazil and Colombia in the top-20 of countries regarding cases per million people – and its paint and coatings market and industry has faced a similarly rough ride.…
CHEMICAL MAJORS EXPLORE DECARBONISING PETROCHEMICALS AS THEY LOOK TO REDUCE CO2 EMISSIONS
International efforts are stepping up to scope and map what it will take to wean chemical manufacturing off its high dependence on oil and gas feedstock for chemicals that are then used to make plastics, fertilisers and other important products.
Options include using building-block raw materials from biomass instead of fossil-fuel feedstock; boosting the yield of chemicals for a given quantity of feedstock; and, applying advanced recovery and recycling technologies in circular economy approaches.…
SWITZERLAND PAINT AND COATING INDUSTRY’S QUALITY HELPS IT PUSH THROUGH COVID-19 EPIDEMIC
Switzerland may be a small country of 8.5 million people, with an area of 41,285 km², 60% of which is mountainous, but its paint and varnish industry is substantial and growing, despite the Covid-19 pandemic. Of course, it helps that Switzerland is rich.…
CONSENSUS GROWS IN SOMALIA – UNIVERSITIES ARE FAILING TO DELIVER GRADUATES ABLE TO GROW WAR-SHATTERED ECONOMY
A consensus is growing within Somalia’s higher education services that the current tertiary sector needs to be better aligned with the country’s developing labour market demands as its economy emerges from years of conflict.
There has been a significant level of agreement to the conclusions of a new report highlighting such concerns – ‘Somalia’s Education Sector: Fostering Skills Through A Demand-driven Education System’, co-produced by a think tank the Heritage Institute for Policy Studies and the City University of Mogadishu.…
TEXTILE INDUSTRY INNOVATORS CREATING NEW STRAINS OF SUSTAINABLE NATURALLY COLOURED COTTON
Textile industry innovators are seeking to create and improve naturally coloured cotton, that can reduce or even remove the need for manufacturers to add dyes that can be expensive and generate significant levels of pollution.
Natural coloured cotton is not new, with Liv Severino, head of Empresa Brasileira de Pesquisa Agropecuária (Embrapa), the Brazilian Agricultural Research Corporation, a state-owned research corporation affiliated with Brazil’s ministry of agriculture, livestock and food supply, noting evidence that human clothes were made from such fibres in the Andes 5,000 years ago.…
COVID-19 PANDEMIC HAS NOT JUST FORCED AMLOs TO WORK FROM HOME, BUT INCREASED THEIR WORKLOAD TOO, SAY EXPERTS
A SHIFT towards home-based work during the Covid-19 epidemic has raised multiple challenges for AML/CFT regulatory compliance departments, from changes in consumer behaviour that affects transaction monitoring, to digitally onboarding new customers, and heightened risks of illicit crime and fraud.
The first few months of the Covid-19 pandemic and related lockdowns this spring especially stretched financial institutions’ regulatory compliance departments to their limits, said Patrick Gerard Dahill, head of AML and financial crime recruitment at Barclay Simpson, in London.…
ANNUAL EU CRIME REPORTS SHOW EUROPEAN INSTITUTIONS STILL FAILING TO CRUSH ENDEMIC FRAUD
THE EUROPEAN Union (EU) continues to struggle to clamp down on fraud within its revenue collection and spending programmes – making progress, but with major scams still emerging within the EU’s complex international decision-making systems.
In its latest annual ‘fight against fraud’ report (1) (2), covering 2019, the European Commission reports that 939 discovered irregularities were reported as fraudulent (8% of the number), involving EUR461.4 million in lost money (28% of that affected by irregularities).…