Search Results for: United Nations

BY PACIFICA GODDARD and KEITH NUTHALL

THE TRI-BORDER area between Brazil, Argentina and Paraguay in South America is a notorious breeding ground for illicit activity, and the tobacco industry suffers more than most. Contraband goods of every description pass through Paraguay’s trading hub, Ciudad del Este – CD’s and DVD’s, fake designer clothing, sunglasses and watches, sports shoes, games and electronics, and of course one of the world’s most smuggled and lucrative legal substances: cigarettes.…

BY PAUL COCHRANE

THE MIDDLE East and North Africa region (that economists like to award the acronym ‘MENA’) consumes 6% of the global vegetable oil market and sucks in 15% of global imports, with strong growth across the board on the back of rising per capita GDP and a burgeoning population.…

BY PACIFICA GODDARD, in Caracas; MARVIN HOKSTAM, in Paramaribo, JAMES FULLER, in Port of Spain

IT may seem like a good thing for fuel retailers to be based in country that is sitting on a bounty of fuel reserves. But that is not necessarily the case, as many Latin American and Caribbean retailers can testify.…

BY MICHAEL ROSTON

ENERGY policy has been at the front and center of American politics, and played a major role in the 2008 presidential election. The candidates, Senators Barack Obama and John McCain, skirmished often on the best ways to deal with the cost of energy and global climate change, with Obama making the creation of millions of green jobs a centerpiece of his appeal to American voters.…

BY PAUL COCHRANE

BANGLADESH’S fledgling anti money laundering and counter terrorist financing regime faces an uphill struggle, with the country ranked as one of the most corrupt on earth and money laundering equivalent to 13% of the country’s GDP. Furthermore, Abul Barkat, Professor of Economics at Dhaka University told the Money Laundering Bulletin, an estimated US$7 billion flows into Bangladesh through illegal alternative remittance systems, and there is an ‘economy within an economy’ generating some US$300 million in profits every year for Islamist political parties linked to fundamentalist and terrorist activities.…

BY ERIC LYMAN

BATTLE lines have been drawn in negotiations to renew the Kyoto Protocol over the future shape of energy policy within future United Nations efforts to reduce greenhouse gas emissions. At December’s climate change summit, in Poznan, Poland, a key power industry issue has emerged as a primary point of discord: whether or not carbon capture and storage technologies should be allowed in a revised Kyoto Clean Development Mechanism (CDM).…

BY DEIRDRE MASON, JAMES BURNS, and JULIAN RYALL

With technological change being forced upon the auto manufacturing industry by high oil prices, plants are being retooled faster than in living memory. At such a time, companies are always looking for new ideas and technology.…

BY RUSSELL BERMAN

THE INTERNATIONAL cosmetics industry is watching closely for signs of regulatory changes that could be afoot under the incoming Obama administration and a new Congress in the United States, with increased Democratic majorities.

Maybe the biggest question is over environmental policy, where the president-elect has pledged to be much more aggressive than George W Bush and may push for added regulations that would prove costly to leading cosmetics firms.…

BY KARRYN MILLER

AS Japanese consumers seek out innovative cosmetics, homegrown beauty brands must continuously come up with novel products to keep their place within the industry and the use of bio-based oils and fats in formulations is an important part of that process.…

BY KEITH NUTHALL

AGREEMENT has been struck over future European Union (EU) targets for CO2 emissions from cars, with an informal deal being forged by the European Parliament and the EU Council of Ministers. The agreement is a compromise, with energy and automobile companies securing a phase-in between 2012 and 2015 of an agreed 120g/km target.…