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SANCTIONS REGIMES TIGHTEN ON SYRIA AS BLOODY CIVIL WAR CONTINUES
As Syria enters its 10th year of civil conflict, the economy is in tatters, foreign currency is in short supply, and sanctions have not only been renewed, the USA has introduced new secondary sanctions. Illicit crime and sanctions busting abounds.
In May (2020), the USA issued further guidance on Syria, while the European Union (EU) extended its sanctions on Syria for a further year, to 1 June 2021.…
ENERGY COMPANIES TAKE SPECIAL CARE TO REDUCE SPREAD OF COVID-19 WITHIN THEIR FACILITIES
AS governments worldwide loosen lockdowns imposed to impede the spread of Covid-19, energy companies are assessing their health and safety policies to ensure workplaces are not new infection hotspots, protecting workers and hence production.
These changes come as energy industries downscale workloads to reflect a collapse in demand for their output.…
NIGERIA’S PRIVATE UNIVERSITIES LEAD IN ONLINE LEARNING AMIDST CORONAVIRUS PANDEMIC
With Nigeria continuing its lockdown closure of education institutions into late June, the country’s private universities are continuing to develop online learning, while many public universities are waiting for their physical facilities to reopen before restarting services. Access to such buildings by essential staff have eased from June 2, with Nigerian government loosening a nationwide curfew from 8pm and 6am, which will now be in force from 10pm to 4am until June 29.…
AGRI-TEXTILES SECTOR BECOMES MORE SUSTAINABLE IN PRODUCTION AS DEMAND GROWS FOR ITS KEY FOOD PRODUCTION ROLE
If there is one subsector of technical textiles that is regarded as well suited to environment-friendly materials innovation, it is surely the agricultural textile (ag-tex) sector. This is indeed the case, with research and development specialists creating clever solutions allying the functional and sustainability benefits of ag-tex with new biodegradable and naturally-sourced fibre.…
CANADIAN PARTS MAKERS ANTICIPATE BIG RISE IN ORDERS ONCE IMMINENT USMCA STARTS OPERATING
CANADA’S Automotive Parts Manufacturers’ Association (APMA) is optimistic that the United States-Mexico-Canada Agreement (USMCA) will deliver more sustained work to the country’s supply chain once the deal comes into force on July 1. It replaces the North American Free Trade Agreement (NAFTA), in place since 1994.…
UK OVERSEAS TERRITIORIES MOVE SLOWLY TOWARDS CREATION OF PUBLIC UBO REGISTERS
THE UK’s overseas territories are struggling with something of an existential crisis, as they face an effective 2023 deadline for introducing publicly accessible beneficial ownership registers that could undermine their ability to offer confidential financial services to companies and wealthy individuals.…
KENYA’S LEADING-EDGE AFRICAN OUTSOURCING SECTOR REELS FROM COVID-19 PANDEMIC
KENYA’S clothing manufacturing industry, which had been growing at the cutting edge of sub-Saharan Africa’s expanding outsourcing sector, has been punched hard by Covid-19’s devastation of the garment markets within the United States and the European Union (EU).
The London-based Overseas Development Institute has noted that “garment factories in Sub-Saharan Africa have started laying off workers,” and Kenya is no exception.…
INDONESIAN CLOTHING INDUSTRY IS SUFFERING FROM COVID-19 PANDEMIC, BUT LARGE SCALE LAYOFFS YET TO HAPPEN, CLAIMS GOVERNMENT
Indonesia’s clothing industry is among the international outsourcing hubs that has been struggling during the Covid-19 pandemic, with foreign buyers cancelling orders and the domestic market in the doldrums, industry association and government officials have told just-style.
“Since the pandemic, many buyers in foreign countries, mostly the United States and Europe, have cancelled or postponed orders because of lockdowns and other reasons,” said Rizal Rakhman, secretary general of the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia).…
BRICS COUNTRIES’ CAN SECTORS LARGELY REMAIN OPEN DURING COVID-19 CRISIS AS IMPORTANT PART OF FOOD CHAIN
AS a key part of the food production supply chain, the international can manufacturing and filling industry has largely stayed open, with some exceptions, during the Covid-19 crisis, not just in developed economies, but also in key emerging markets such as the BRICS countries.…
DARK WEB BECOMES MORE ACCESSIBLE, BUT ITS CRIME RISKS TO MAJOR BUSINESS ARE NOT GOING AWAY
ACCESSING the dark web once demanded some computing expertise. But dark web search engines and browsers continue being developed, guiding potential users to this encrypted corner of the web where commercial criminals ply their wares and illicit businesses avoid taxes. How should legitimate companies react?…