Search Results for: Russia

While Ukraine battles an invading Russian enemy currently occupying approximately 18% of Ukrainian territory (1), it is also focused on its battle with the ‘enemy within’, namely elevated levels of corruption and other commercial crime. 

Since the Revolution of Dignity in 2014, Ukraine’s pro-Western authorities have worked tirelessly to align themselves with European Union (EU) anti-corruption and anti-fraud efforts, notably establishing the National Anti-Corruption Bureau of Ukraine (NABU) in 2014, which prepares corruption cases for prosecution by a Specialised Anti-Corruption Prosecutor’s Office.…

The European Union (EU) has further broadened its sanctions targeting Russia to increase pressure on its government, as the fall of its ally in Syria weakens Moscow’s geopolitical position. EU ministers have now sanctioned Chinese suppliers of the Russian invasion in Ukraine, Russian crude oil suppliers and an airline, as well as companies alleged to be spreading disinformation in Africa and elsewhere.…

The international can making and filling industry is assessing the impact of a second Donald Trump presidency in the USA, given he has threatened to impose universal tariffs on all imports.

Trump has floated imposing 10%-20% tariffs on all US imports, including trades with countries having free trade agreements with America.…

The Biden administration’s September 6 (2024) decision to renew the suspension of Ethiopia from membership of the African Growth and Opportunity Act (AGOA), which once granted the Horn of Africa duty-free access to the USA, is forcing Africa’s second most populous country to look east for alternative textile and clothing investment and export sales.…

A strengthening domestic cheese market is expanding capacity for Czechia dairy manufacturers, who may use this additional production to boost export sales. Czechia may be a small European country but it is a significant cheese exporter, with more than half its cheese production sold abroad, according to Jiří Kopáček, of the Czech-Moravian Dairy Association (ČMSM).…

The victory of pro-European Moldovan leader President Maia Sandu in the November 3 national election presents significant potential for the country’s clothing and textile industry. Positioned between Romania and Ukraine, Moldova has long been influenced by Russia but has applied to join the European Union (EU).…

While the increasingly complex financial world’s fintech and cryptocurrency networks may boost liquidity and financial efficiency, it also complicates screening transactions for crime links. That includes the growing number of sanctions created by Russia’s ongoing invasion of Ukraine and Iranian support for terror groups.…

Niger’s military government is insisting it has maintained higher education services despite international sanctions imposed on the west African country since the coup d’état of last July (2023). This has ruptured relations with western and some neighbouring countries, prompting concerns that Nigerien students might struggle to continue their studies abroad.…

The first FATF plenary under the presidency of Mexico’s Elisa de Anda Madrazo has launched the AML body’s fifth mutual evaluation round, while taking initial steps towards boosting inclusivity. For the first time, two external jurisdictions – Cayman Islands and Senegal – were invited to participate in the FATF plenary and working groups as guests, to “broaden the diversity of perspectives at the FATF,” said a post-meeting communiqué.…