Search Results for: South Africa

BY KEITH NUTHALL
A WORLD Bank report has called on the governments of the Balkans to pay more attention to the quality of their respective water sources and supplies, warning that neglect is leading to increases in pollution and damage from flooding.…

Keith Nuthall
THE USA government signed a bilateral textile pact with Vietnam that gives the south-east Asian country generous access to the US market. The American Textile Manufacturers’ Institute is angry at its government for granting Vietnam an estimated US$2 billion (Pounds 1.24 billion) in access to a domestic sector that saw 3,000 jobs lost in the last quarter.…

BY SWINEETHA DIAS WICKRAMANAYAKA
SRI Lanka Insurance Corporation officials are assessing catastrophic losses that have hit the country’s tea industry which have been wrought by flooding devastating low-lying plantations. Early estimates predict that the island’s economy could lose as much as SLRupees 2.8 billion (US$28.79 million) because of the disaster.…

BY KEITH NUTHALL
MOVES to spread the wealth generated by the African oil industry amongst local populations have been debated at the 7th African Oil & Gas, Trade & Finance Conference, in Luanda, Angola. Co-organiser the UN Conference on Trade and Development (UNCTAD) promoted ways of transforming the industry “from its present status as a virtual enclave in which foreign companies absorb most of the gross revenue.”…

BY SWINEETHA DIAS WICKRAMANAYAKA
SRI Lanka Insurance Corporation officials are assessing catastrophic losses that have hit the country’s tea industry which have been wrought by flooding devastating low-lying plantations. Early estimates predict that the island’s economy could lose as much as SLRupees 2.8 billion (US$28.79 million) because of the disaster.…

BY KEITH NUTHALL
BRAZIL has extended its safeguard duty regime against imports of shelled and shredded dried coconuts, imposing it on Malaysian exports. The south-east Asian country had previously been exempt, along with 87 other developing countries said a note to the World Trade Organisation.…

BY MATTHEW BRACE
THE CLUTCH of much-maligned offshore financial centres (OFCs) on remote Pacific islands have been swamped by so many accusations of impropriety, they are now struggling to stay afloat.

Labelled as palm-fringed, sun-drenched laundries for the world’s dirty money, these tiny island states and dependent territories are trying to fend off attempts by international organisations to excommunicate them from the global financial church.…

BY MARK ROWE
THE FIRST meeting of the world’s five largest sugar exporters has agreed to co-ordinate efforts to boost prices in the commodity’s international market from current record lows. Meeting in Bangkok, representatives of Thailand, Australia, Brazil, South Africa and Guatemala agreed to speed up co-operation and seek to lift world prices without raising domestic retail prices.…

BY KEITH NUTHALL
EUROPEAN Union ministers are supporting moves proposed by the European Commission to boost energy cooperation between the EU and neighbouring countries in eastern Europe, north Africa and the Levant. At last week’s Council of Ministers for energy, EU Member States broadly supported the aims outlined the day before the meeting in a Communication, (policy paper), issued by the Commission.…

BY KEITH NUTHALL
THE EUROPEAN Union Council of Ministers has agreed a complicated, but flexible, set of anti-dumping duties to be levied upon certain flat rolled products of iron or non-alloy steel from Bulgaria, South Africa, Serbia & Montenegro and Taiwan; plus certain iron and steel tube and pipe fittings from Thailand, the Czech Republic, Malaysia, South Korea, Russia and Slovakia.…