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BY MARK WILSON
AWASH with recently-passed legislation and newly-established Financial Investigation Units, the small nations of the Caribbean have transformed their money laundering controls since the mid-1990s. In 2000, five Caribbean island jurisdictions made up one-third of the Financial Action Task Force (FATF) list of fifteen non-cooperative countries and territories, each of them with ‘serious systemic problems,’ in the words of a FATF review published on June 22 of that year.…

Keith Nuthall
THE INTERNATIONAL Chamber of Commerce (ICC) is fighting a legal decision it fears could make United States courts de facto global anti-trust regulators, even in cases with no direct impact on the USA. It has asked the US Supreme Court to overturn a DC Court of Appeals ruling allowing non-US plaintiffs to bring foreign anti-trust claims to American courts claiming a case might have a “direct, substantial, and reasonably foreseeable effect on US domestic or foreign commerce.”…

BY MONICA DOBIE
AUSTRALIA’S two large brewers have shifted their advertising campaigns to attract more 18-30’s into drinking their beer over pre-mixed drinks. Carlton & United Breweries and Lion Nathan spent far more money last year promoting premium and youth oriented beer brands than on their traditional top-selling brands.…

BY KEITH NUTHALL
UNITED Arab Emirates (UAE) knitted clothing exports to the United States are expected to be boosted in the future by a new Trade and Investment Framework Agreement signed by the two countries. The US imported US$1.1 billion million in UAE goods in 2003, with knitted apparel a key component of this commerce, (along with woven clothes and oil).…

BY PHILIP FINE

AT LEAST no one in today’s America has to contend with Carry Nation. She was the late-19th century Kansas reformer who crusaded against the sale and consumption of alcohol. Known as the original saloon smasher, she would burst into bars and cause as much damage as she could to drinking establishments.…

BY DEIRDRE MASON
RESPONSIBLE Care as a concept has been a touchstone of the paint industry for many years, but it should in the coming months prove its worth in the UK and continental Europe. As is often the case with environmental legislation impacting on the paint and coatings industry, an important driver is the European Union (EU), which has approved a raft of directives that come into effect either this year or shortly afterwards.…

BY EDWARD PETERS
THE PAST decade has seen China grasp an increasing share of the world’s cosmetic packaging industry. Low production prices and international manufacturing standards — to say nothing of an increasing appreciation of the beauty business — have all contributed to the People’s Republic upping its packaging profile.…

BY KEITH NUTHALL
A SPECIALIST ferrous metal United States government committee has criticised the recent free trade agreement struck between the US and Australia that will remove tariffs on iron, steel and related products traded between the two countries. The federal inter-sector advisory committee on ferrous ores and metals has concluded the although the deal itself does promote US interests, there are a number of elements that fail to cover concerns “which certainly affect our sector’s economic interests and the equity and reciprocity for the US overall that we seek in US trade agreements.”…

BY KEITH NUTHALL
THE UNITED Nations has created an international advisory board on water supplies and sanitation, which will try to boost these services in developing countries. It will try and mobilise funds for such projects, also offering technical, political and business advice.…

BY KEITH NUTHALL
THE ASSOCIATION of British Insurers (ABI) is pressing the UK Government to maintain its raised level of spending on flood defences, as it works towards its next public spending round announcement in the summer. Following the spate of disastrous floods in 2000, Whitehall in 2002 increased its annual spending on the problem by Pounds 150 million.…