Search Results for: London

BY LEE ADENDORFF

IF there was a year when long-term textile and clothing market forecasters missed by a mile, 2008 was it. Forecasts made in 2007 were dominated by looming concerns about trade restrictions, investment in technology, a potential slow-down of production and a consolidation of business investment but no one predicted what devastating effects an unexpected recession would have on the textiles and apparel sector.…

BY JULIAN RYALL

JAPAN’S accounting industry has broadly welcomed the proposals that have emerged from the G20 meeting in London last week as "important" and "positive," but warned that there needs to be more action to back up the words if there are to be meaningful improvements in financial controls that transcend international borders.…

BY KEITH NUTHALL

A MAJOR cigarette smuggling boom is being reported in Ireland by customs teams, with a record 135.2 million cigarettes being seized last year, almost twice the amount seized in 2007. Of these, 56.82 million were counterfeits, the country’s Sunday Independent newspaper has reported.…

BY KEITH NUTHALL

AT time when the world’s governments are trying to stem losses to complex financial frauds, another international initiative is tackling another slippery customer – illegal fishing. Keith Nuthall reports.

FAR from the prying eyes of police and customs officers, the breaking of international and national fishing laws and regulations happens every day.…

BY KEITH NUTHALL

THE NIGERIAN government has assured the International Maritime Organisation (IMO) that it is acting seriously against pirates who have been targeting oil tankers and industry supply vessels in and offshore the country’s oil-rich delta. Nigeria transport minister Ibrahim Bio assured IMO in London a new Niger Delta ministry had "full powers to address…the problem of militancy and piracy."…

BY KEITH NUTHALL

BRITAIN has suspended the constitution of its tropical dependent territory the Turks & Caicos Islands, after an inquiry concluded its autonomous government was corrupt. The London-appointed governor Governor Gordon Wetherell will assume government responsibilities for two years. He said the probe had provided evidence "in abundance pointing to a high probability of systemic corruption or other serious dishonesty."…

BY ANDREW CAVE

GREEN is the colour for many future oil and gas industry jobs, according to a recent study predicting that environment-friendly energy will not only tackle the world’s energy crisis but also create millions of new jobs worldwide.

Green Jobs, published by the Worldwatch Institute, a Washington DC-based research organisation, says the renewable sector and its supplier industries already employ at least 2.3 million people worldwide, including about 300,000 workers in the wind power industry, 170,000 in solar photovoltaics and 600,000 in the solar thermal industry alone.…

BY PHILIPPA JONES

BUILDINGS account globally for 8% of greenhouse gas (GHG) emissions, or 20% if upstream emissions associated with electricity and heat are included, according to the climate change report written by UK government adviser and economist Nicholas Stern. The European Union (EU), national governments, and local authorities have all adopted targets aimed at incorporating renewables into the planning process and reducing these figures.…

BY KEITH NUTHALL

THE THUMBSCREWS are being turned on the world’s tax havens, preventing their banks hiding assets from tax investigators worldwide. A comprehensive communiqué from April 1 and 2s’ G20 meeting in London committed member governments "to take agreed action against those jurisdictions which do not meet international standards in relation to tax transparency."…

BY KEITH NUTHALL

THE IMPLEMENTATION of new retaliatory USA tariffs against European Union (EU) food exports such as a 300% duty on French cheese Roquefort has been delayed one month from March 23 to April 23, the US Trade Representative (USTR) office has announced.…