Search Results for: Pakistan

BY KEITH NUTHALL and DAVE YIN

THIS has been the year where the European Union (EU) considered imposing a draconian origin labelling law that would have been a major headache for knitwear manufacturers and retailers. In the winter, the European Parliament was seriously discussing insisting on a regulation forcing knitwear and crocheted clothes and accessories imports into the EU to carry country of origin labels.…

BY PAUL COCHRANE

UNDER the United Nations’ Al-Qaeda and Taliban sanctions regime, more than 30 states have frozen at least US dollars USD90 million in assets as of September 2010. But Al Qaeda, the Taliban and other designated terrorist groups in the Middle East and Central Asia continue to receive funding despite the region’s widespread adoption of international regulations on anti-money laundering and combating the financing of terrorism (AML/CTF).…

BY RAHIMULLAH YUSUFZAI

AFTER every bomb explosion in and around Peshawar city in northwestern Pakistan,an emergency is declared at the city’s Lady Reading Hospital, named after the wife of a former Viceroy of India.

When this happens, Umia Begum and other nurses in this public hospital are put on standby – it is the destination of most victims of unrest in this strife-torn city.…

BY RAHIMULLAH YUSUFZAI

THE FLOODS that devastated Pakistan this past summer did not just destroy farmland and housing – they ruined many financial records and legal documents, making life that much harder for accountants in Pakistan. "We don’t know how to deal with the aftermath of the floods because there is still no mechanism on the part of the government or the private sector to cope with the challenges and difficulties that our accounting community is facing," said a senior chartered accountant RafaqatUllah Babar.…

BY RAHIMULLAH YUSUFZAI

THE FLOODS that devastated Pakistan this past summer did not just destroy farmland and housing – they ruined many financial records and legal documents, making life that much harder for accountants in Pakistan. "We don’t know how to deal with the aftermath of the floods because there is still no mechanism on the part of the government or the private sector to cope with the challenges and difficulties that our accounting community is facing," said a senior chartered accountant Rafaqat Ullah Babar.…

BY JULIAN RYALL

JAPAN is being accused of trying to write its own official asbestos testing system into an international standard, because it knows it does not work and so will get its government off the hook for asbestos exposure cases.…

BY RAHIMULLAH YUSUFZAI

Pakistan tobacco industry rides out floods

Pakistan’s tobacco industry was hit hard by the huge monsoon floods this summer, but it could have been much worse if the floods had come earlier. Much of the tobacco crop had been picked in time.…

BY KEITN NUTHALL

RUSSIA is so corrupt, it is regarded as having more graft than earthquake-shattered Haiti, the 2010 corruption perceptions index of Transparency International has declared. It placed Russia at 154th out of 178 countries in its corruption rankings, level with failed narco-state Guinea-Bissau and worse than Haiti (146th) and Pakistan (143th).…

BY RAGHAVENDRA VERMA

INDIA’S home ministry has confirmed to the Money Laundering Bulletin that it will approach the Financial Action Task Force (FATF) with formal claims and evidence alleging Pakistan’s key intelligence agency is counterfeiting Indian currency.

A senior official from the ministry said the Indian government would approach the international body in next two to three weeks.…

BY KEITN NUTHALL

30

THE NORTH Atlantic Treaty Organisation (NATO) is taking the threat of cyberattacks on business and government computing networks so seriously, it is staging cyberwarfare trials. The world’s strongest military alliance in November held the Cyber Coalition 2010 exercise near Mons, Belgium, and remote locations to test cyber-attack agencies and NATO strategic decision making.…