Search Results for: International Law⊂mit=Search

The United Nations has let its authorisation for foreign actors to fight maritime piracy in Somalia’s territorial waters lapse, because its government and backers have become more effective in fighting this criminality. Ramadhan Rajab reports.

The UN Security Council’s decision to let Somalia take care of its own piracy problem does not mean shipping companies can rest easy about attacks off Somalia, but it does indicate its government is taking control of the problem.…

The European Union (EU) Council of Ministers has told its member states that it expects their governments to actively combat fraud in spending under the EU Common Agricultural Policy (CAP). That this is an ongoing problem was highlighted in a report for the EU’s financial watchdog the Court of Auditors issued in July (1).…

International and Switzerland-based mining major Glencore has settled UK bribery cases brought by Britain’s Serious Fraud Office (SFO), accepting a GBP280.9 million (USD314.5 million) penalty ordered by Southwark Crown Court, London.

This followed an SFO investigation revealing that Glencore Energy UK had paid USD29 million in bribes to gain preferential access to oil in Africa between 2011 and 2015.…

The value of crypto fraud losses leapt 32% in a single year to hit GBP226 million (USD269.75 million) in the year to September 30 (from October 1, 2021) from GBP171 (USD204.1 million) year-on-year, according to the latest data released by international law firm Pinsent Masons LLP.…

Germany’s estimated 1,300 breweries are leaving the Covid-19 pandemic behind only to find themselves faced with skyrocketing energy prices and the affiliated rapid consumer price inflation. Several of large German brewery groups have already raised their prices to compensate for their past Coronavirus losses, and a second wave of price increases has recently been announced for early 2023.…

The textile and fibre sectors of Ethiopia have been looking to expand domestic sakes as Ethiopia approaches one year anniversary of its exclusion of the USA’s Africa Growth and Opportunity Act (AGOA). This process continues even as a new peace deal between the government and rebel Tigray forces is being rolled out, growing hope that Ethiopia may be readmitted to AGOA and its preferential US market access in 2023.…

WORLDWIDE inflation is impacting the can making industry and its supply chain partners. Indeed, metal packaging prices have risen by at least 25% this year, according to industry association FoodDrinkEurope. A key reason has been soaring prices for energy used in manufacture, up more than 50% in 2022 according to the World Bank.…

WHEN European energy experts consider the future of hydrogen as an energy source, assessments sound remarkably like comments made about wind or solar power in the late 1990s – it is a great idea, but it would help if production and processing were less expensive.…

An international operation led by the European Union’s (EU) police and judicial agencies, Europol and Eurojust brought down the criminal gang behind a multimillion-Euro crypto investment scam. In a November 8 and 9 action day, raids on 15 call centres across eastern Europe – six in Albania, five in Georgia, one in North Macedonia and three in Ukraine – led to five arrests.…

An African garment and textile sector rebounding from the Covid-19 pandemic has seen strong export growth in the first three-quarters of 2022 start to sputter through a tightening of retail demand in Europe and the United States. These remain Africa’s two primary export markets and their consumers are reducing spending as inflation and recession concerns grow.…