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Cheese (Kars, Turkey) by Sasha India

TÜRKIYE DAIRY PRODUCTION FALLS AS INDUSTRY STRUGGLES WITH INFLATION AND DEPRECIATING LIRA

Türkiye is one of the top 10 milk producers worldwide, according to the Turkish National Dairy Council (Ulusal Süt Konseyi - USK) but the country’s dairy sector has been impacted over the past two years by high inflation and the depreciation of the Turkish lira (1). Production is slowly rebounding, with demand driven by the country’s growing population and new export markets.  

“Until the Covid pandemic the dairy sector was growing really well, then it started to decrease due to inflation and other issues, and has not really recovered,” said Shirley Kaston, co-founder of the Kök Projekt, a food start-up accelerator and consultancy in Istanbul.  
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Chinese Yuan. Photos Credit: Mussi Katz

CHINA CRACKING DOWN ON WEAK AUDITING OF ACCOUNTING CRIME

Major companies in China are under tightening scrutiny for accounting fraud, with major audit firms facing punishing penalties for turning blind eyes. Keith Nuthall, Jens Kastner and Sara Lewis report. 

The Chinese auditing unit of accounting giant PwC has been fined a record Chinese Yuan Renminbi CNY441 million (USD62.7 million) and banned from auditing in mainland China for six months after a regulator concluded it had “covered up and even condoned” fraud.

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ASIAN PAINT REGULATORY ROUND UP – CHINA CRITICISES EUROPEAN TITANIUM DIOXIDE ANTI-DUMPING DUTY

The China National Coatings Industry Association has complained that a European Union (EU) anti-dumping investigation into Chinese exports of titanium dioxide have sparked anti-dumping tariff rates far higher than expected. The provisional anti-dumping rates announced by the European Commission in July were 39.7% for the Longbai Group, 14.4% for Anhui Jinxing Titanium Dioxide Group, 35% for other responding companies, and 39.7% for other non-responding companies.

The China Coatings Industry Association warned that if this tax rate is implemented, it will seriously affect the exports of Chinese titanium dioxide companies and the future development of the industry. 
 
*The Indonesian Paint Manufacturers Association (APCI – Asosiasi Produsen Cat di Indonesia) has worked with the government to launch a high school programme, promoting and explaining paint technology.  
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Countries of central Asia. Image Credit: https://commons.wikimedia.org/wiki/File:Flag_map_of_central_asia.png

ASIAN PAINT REGULATORY ROUND UP – VIETNAM EXPANDS IMPORT SAFETY CONTROLS TO ALL CHEMICAL INPUTS 

Vietnam’s ministry of industry and trade (MOIT) has released a draft amendment to the country’s Law on Chemicals. The draft amendment stipulates that all chemicals, including paint and coating ingredients, must be declared when imported through Vietnam’s National Single Window Information Portal.

Under current regulations, only certain chemicals must be declared when imported, leading to the possibility of many dangerous and toxic chemicals imported into Vietnam. The MOIT explained that this weakness was especially relevant for new chemicals imported into Vietnam for the first time, impeding the government’s ability to update the list of chemicals that must be declared, hindering the identification of new chemicals, needed to apply management and safety procedures. 
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LAVA JATO PUSHES MONEY LAUNDERERS TO ADOPT MORE SOPHISTICATED WAYS TO HIDE DIRTY CASH IN BRAZIL 

A senior lawyer in Brazil who has defended criminals accused of money laundering has said how the Lava Jato cases, which highlighted massive public corruption, have pushed launderers towards using crypto-currency to hide dirty money.

But even though the Lava Jato task force was officially disbanded in 2021, Pierpaolo Bottini, partner at São Paulo-based Bottini & Tamasauskas Advogados, and a former director of the Economic Criminal Law of the Brazilian Institute of Criminal Sciences, said this abuse of crypto has been highlighted in cases he is defending. …

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ITALIAN UNIVERSITIES AND GOVERNMENT SCRAMBLE TO BOOST STUDENT HOUSING, AS SHORTAGES PROMPT PROTESTS



Concerns are growing about the shortage of student housing in Italy, with a series of rallies sparking a nationwide protest in over 25 cities during October (2023), with the government and universities scrambling to respond. The country’s HE accommodation challenges were highlighted nationally in May (2023) when an out-of-town environmental engineering student at Milan Polytechnic (Politecnico di Milano) pitched a tent and camped out in protest on university grounds, saying she could not afford to live elsewhere.…

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EUA ROAD MAP OFFERS GUIDANCE FOR CAMPUS SUSTAINABILITY CHANGES THAT MIGHT INSPIRE UNIVERSITIES WORLDWIDE



The European University Association (EUA) has been preparing higher education institutions for increased sustainability requirements as governments implement new commitments made at the COP28 UN Climate Change Conference, staged in December in Dubai.

It has been encouraging its 850 members, including 34 national rectors’ conferences, to follow its new EUA ‘Green Deal roadmap for universities’, which outlined policies and actions which can help universities follow a climate-neutral, environmentally sustainable, and socially equitable path.…

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TECH FIRMS AND PLATFORMS SIGN UK ONLINE FRAUD CHARTER



The world’s leading platforms and tech firms have pledged to tackle scams targeting their UK users by acting on a series of commitments within six months under a 30 November Online Fraud Charter (1). Trade association techUK, Google and Microsoft, online sellers Amazon and Ebay, Match Group, which owns dating sites including Tinder and Hinge, plus social media platforms, Facebook, Instagram, Linkedin, Snap, TikTok, X and YouTube, have all joined the Government in signing up to the world-first voluntary charter.…

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TÜRKIYE'S FOOD AND DRINK TRADE WITH THE UK AND EU



Türkiye is a critical food and drink provider to the European Union (EU) and the UK, with trade set to grow as Türkiye ramps up production and adopts agri-tech and smart farming solutions. Renewed trade agreements under discussion with the EU (with whom Turkey is already in a customs union) (1) and a new projected trade agreement with the UK are also set to spur growth.…

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CAMEROON PUSHES AHEAD WITH MAJOR 420MW HYDRO PROJECT – DIVERSIFYING IMPORTANT AFRICAN POWER MARKET



In most urbanised industrialised economies, the current focus on renewable energy growth is on wind and solar. Lacking untapped river resources, major hydro-electric projects are rare. However, in larger and more rural countries, especially those still industrialising, large-scale hydro is still an option.…

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