Search Results for: South Africa

BY PAUL COCHRANE, in Beirut

LEBANON’S clothing sector – manufacturing and retail – was crippled by the month long war between Israel and Hizbullah, and the knock-on effects of the conflict have proved equally problematic for a sector that was just recovering from a slump caused by political turbulence in 2005.…

BY ALAN OSBORN

IT’S COMMONLY acknowledged that, whatever its merits, the globalisation of world trade and commerce brings with it vastly enhanced opportunities for money laundering. As the United Nations Office on Drugs and Crime (UNODC) points out, in an online report explaining its work, the world-wide spread of inter-connected financial markets greatly extends the range of countries where anti-money laundering (AML) controls are absent or embryonic and enforcement is weak "and unfortunately, many countries particularly those classified as emerging markets, fall into this category."…

BY KEITH NUTHALL

IRISH food health officials have been fighting the first ever outbreak of Xenohaliotis Californiensis in the Republic of Ireland, which has been detected in four abalone growing sites in the country’s south-west. Tests confirmed the presence of the pathogen from this summer at Bere Island and Cape Clear – County Cork; Claddaghduff – Galway; and Castlegregory – Kerry.…

BY MONICA DOBIE, in Ottawa

THE CANADIAN Museum of Nature has reopened its key west wing having reached the halfway mark of an extensive and costly renovation project, scheduled to finish in 2010. The now completed wing underwent comprehensive renovations, including the building of new fossil and mammal galleries and a temporary exhibition space.…

BY RAGHAVENDRA VERMA, in New Delhi

FUEL reprocessing, inspection schedules, civilian/military separation and unilateral moratoriums versus bilateral commitments: the list of hurdles potentially hindering the Indo-American civilian nuclear cooperation deal, pending ratification by the United States Congress, is long. Varying interpretations and last minute amendments in the deal have shaken the Indian nuclear establishment and polarised political parties, problems that could derail the whole process.…

BY PAUL COCHRANE, in Beirut

LEBANON’S food manufacturing sector took a heavy blow during the 34-day conflict between Israel and the Lebanese militia Hizbullah, recording tens of millions of US dollars in direct damages and more than US$500 million in indirect losses.…

BY KEITH NUTHALL

THE EUROPEAN Bank for Reconstruction & Development (EBRD) is planning to lend Romanian steel maker Donasid Euro 10 million to upgrade and increase production of round billets, used for seamless pipe manufacture. The loan will help the Tenaris-owned plant in south-east Romania boost annual production to 425,000 tons by 2009, from 230,000 tons in 2006.…

BY KEITH NUTHALL

HONG Kong and China have been branded as the world’s serious hotspots for counterfeit clothing and accessories, in a global European Commission survey of countries where product fakes are manufactured. The Commission’s directorate general (DG) for trade gathered the information from companies, diplomatic missions and trade federations.…

BY KEITH NUTHALL and DAVID HAWORTH, in Brussels

THE DETAILED guts and sinews of the European Research Area have been revealed in the shape of 35 large-scale research projects that will involve the swapping and analysing of data on a major scale.…

BY RICHARD HURST, in Johannesburg, and KEITH NUTHALL

BUSINESS leaders in Swaziland – Africa’s last absolute monarchy – are calling on its government to chase the GBPounds 21 million owed in student loans to pay unpaid bursaries to current students, and prevent a recurrence of recent unrest.…