Search Results for: America

BY KEITH NUTHALL
THE WORLD Bank’s International Finance Corporation has agreed to reschedule US$204 million of its loans to Star Petroleum Refining Company Limited, Thailand, which is 64 per cent owned by Chevron-Texaco. The Thai company’s overall debt is US$549 million.…

Keith Nuthall
A EUROPOL-led crackdown on illegal immigration through international airports in Europe has netted 410 migrants trying to illegally enter the EU. Those arrested in the one-day swoop were mainly from China, South America and Africa. More than a quarter were detected at Paris airports; other important entry points were airports in Madrid and Dublin.…

BY PHILIP FINE

DESPITE 10.5 million vehicles reaching the end of their useful lives each year in the United States, the country has enacted no federal laws concerning car recycling. There have, however, been new binding rules emerging at state level.…

BY MONICA DOBIE
CANADIAN oil companies have criticised a recently passed bill in the US Senate that would set a floor price for Alaska gas, which could spark a trade dispute between Canada and America. Ron Brenneman, CEO of Petro Canada said: “… that represents a form of subsidy for gas from one particular source in north America.…

BY KEITH NUTHALL
MOVES are underway to restructure the Ukraine’s airline industry, with the European Bank for Reconstruction and Development planning to fund consultants who would advise the country’s two main commercial players on how they could successfully merge their services.…

BY MARK ROWE
THE INTERNATIONAL Monetary Fund is to help set up an Islamic Financial Services Board to regulate and lay down standards for financial transactions throughout the Islamic world. A key aim of the project is to incorporate the special insurance tenets that exist in the Islamic business world into the wider capitalist system.…

BY KEITH NUTHALL
INSURANCE companies are being unnecessarily exposed to risk through employment accident policies because of the estimated two million workers who die annually through job-related accidents or diseases, eighty per cent of which are preventable, the International Labour Organisation has claimed.…

BY KEITH NUTHALL
THE UNITED States Farm Bill, which has passed through the US Congress, will not only potentially depress meat prices by boosting subsidies to American farmers, but also introduce mandatory rules of origin for meat products for the first time.…

BY MATTHEW BRACE
SYDNEY is the “defamation capital of the English-speaking world” according to a British legal expert working in Australia’s largest city. Based on his research, figures show that one writ is served for every 79,000 people in the state of New South Wales; a higher rate than England, (one writ per 121,000 people), and much higher than the United States, where the proportion us one writ per 2.3 million people.…

BY MARK ROWE
IT may have taken riots in Seattle and Genoa but the World Trade Organisation has finally come out all compassionate. The theory is simple. Most of the world’s poor are in developing nations. Many of those in greatest poverty are farmers.…