Search Results for: Mexico
10 results out of 836 results found for 'Mexico'.
DRUGS BRINGING IN AS MUCH MONEY AS LEGITIMATE BUSINESSES SAYS UN
Cross-border drug and migrant trafficking is booming with billions of dollars being earned by crime networks, according to a United Nations Office on Drugs and Crime (UNODC) report. The report ‘Crime-related illicit financial flows: latest progress’ (1) is based on estimates of dirty money flows from nine countries – Afghanistan, Bangladesh, Colombia, Ecuador, Maldives, Mexico, Myanmar, Nepal and Peru.…
MARKET INTERVENTION IN ELECTRIC VEHICLE SEGMENT MAY IMPEDE TAKE UP BY CONSUMERS – SMMT CONFERENCE WARNED
Policy initiatives aimed at reshoring large sections of the US automotive supply chain could seriously restrict the growth of the country’s electric vehicle (EV) market, a key UK motor industry conference was told on Wednesday (Oct 18). Speaking at the UK Society of Motor Manufacturers and Traders’ (SMMT) Global Trade Conference, in London, David Schwietert, chief policy officer at the Washington DC-headquartered Alliance for Automotive Innovation, aired concerns about the Biden administration’s Inflation Reduction Act’s (IRA) manufacturing incentives.…
POTENTIAL EU DUTIES ON CHINESE BEV IMPORTS WOULD HIT TESLA, BMW AND RENAULT
Sales in Europe of China-built electric vehicles (EVs), such as Tesla Models 3 and Y, BMW iX3 and Renault Dacia’s Spring, could all be hit if the European Union (EU) slaps proposed countervailing duties on cheap battery electric vehicles (BEV) made in China.…
CANADA GROWS IN IMPORTANCE AS EXPORT MARKET FOR US AUTOMAKERS
The Canadian automotive import market is becoming an increasingly important to USA-based assemblers, with USD17.2 billion’s worth of American-made cars, SUVs and light trucks sold in Canada in 2022, according to federal government figures issued from Ottawa. That is up from USD14.2 billion in 2021 and higher than pre-Covid-19 sales – USD14.6 billion in 2018 and USD13.8 billion in 2019.…
NORTH AMERICAN AUTO SECTOR INNOVATES TO SOLVE TECHNICIAN SHORTAGE
The North American automotive sector is innovating to overcome a sharp shortage in technicians repairing and maintaining vehicles for dealerships, fleets and repair shops, making training more accessible, targeting women and veterans and – in Canada – recruiting overseas talent.
In the US, the TechForce Foundation, a non-profit guiding auto techs into training and jobs, warned there were 56,214 unfilled positions across America carried over from 2021 to 2022 (1).…
INSIDE BANGLADESHI APPAREL’S EXPORT RIDE TO NON-TRADITIONAL MARKETS
Bangladesh clothing manufacturers have been looking to expand export sales beyond their established markets in the European Union (EU), the United States, Canada and the UK, seeking new revenue in non-traditional markets such as Brazil, India, Japan and South Korea.
According to data from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh apparel exports for 2022 (calendar year) have sourced 16.1% of revenue from non-traditional markets – USD7.35 billion, out of overall apparel exports of USD45.7 billion.…
WORLD’S BIGGEST FIRMS FAILING ON ANTI-GRAFT DISCLOSURE
The world’s 600 largest companies are failing to provide full disclosure of anti-bribery and corruption information within their sustainability reporting, according to a joint report (1) backed by the International Federation of Accountants (IFAC). Working with from Transparency International UK and the World Economic Forum’s Partnering against Corruption Initiative.…
MONEY MULING EXPANDS – EASY MONEY, FOR LITTLE RISK, WITH NO OBVIOUS VICTIM
The use of money mules moving dirty money worldwide continues to grow, with law enforcement, financial institutions and researchers continuing to highlight the problem. In the UK, 31,979 money mule cases were recorded in 2017; rising to 40,129 in 2018; 42,900 in 2019; and 40,353 in 2020; according to 2022 research published in the International Journal of Business and Economy (1).…
INTERNATIONAL REGULATORY ROUND UP – DETAILED EU KNITWEAR INDUSTRIAL EMISSIONS RULES BY BECOME TOUGHER
The European Union (EU) knitwear sector is preparing to follow new detailed ‘best available techniques’ (BAT) on reducing industrial emissions as the EU considers revised legislation that might tell national regulators to take a hard line on their implementation. The European Commission has proposed a new EU industrial emissions directive that – as drafted – would tell industrial regulators to set limits on BAT-associated emissions levels “at the strictest achievable level for the specific installation” (1).…
U.S. AUTOMAKERS COULD MISS OUT ON EU’S 2035 ZEV ONLY MARKET
US automakers finally have more certainty about the technical rules within the European Union (EU) designed to ensure its 27 member states only allow sales of zero emission vehicles (ZEV) from 2035, but – say American auto industry experts, Chinese competition could be strong.…