Belfast Telegraph, 3 March 2014 | Four of the most wanted fraudsters suspected of operating scams from Spain against the UK public are being hunted by Crimestoppers... Jeffrey Gordon, 54, is believed to be involved in the set-up and management of various boiler rooms. He has links to Romania, and possibly Colombia or Ireland, and his aliases are Jeffrey Darren Goodman and Michael Goodman, the charity said... Robert Douglas Lynch, 53, is believed to be involved in the set-up and management of various boiler rooms through alias names. He is accused of being involved in the set-up of accounts in Spain and the UK in order to facilitate the laundering of funds from investment fraud from the UK to Spain. He has links to Lowcarbon.com listed as based in the UK, the charity said. Lynch is also said to have links to Romania and his aliases are David Collins, Bob Collins, David Phillips, David Martin and Martin Young.
By Sophie Hobson, LondonlovesBusiness.com, 28 February 2014 | Ferraris, Aston Martins and hundreds of thousands of pounds have been seized by police in the biggest ever crackdown on criminals who have allegedly been misleading people into buying worthless shares. The multi-million-pound international “boiler room” fraud, which gets its name from the poky rooms often used by the criminals, is similar to the scams run by Leonardo Di Caprio’s character in Wolf of Wall Street, except where the Wolf managed to balance on a tightrope of legality for many of his schemes, these gangs are accused of far over-stepping it. There have been 110 arrests as part of the massive operation, led by the City of London Police, mainly in the UK (20) and Spain (84, of whom 40 were British), the BBC reports. Victims were duped into buying worthless shares and handing over amounts between £2,000 and £500,000.
By Justin Davenport, London Evening Standard, 28 February 2014 | Fraudsters who enjoyed lifestyles similar to the character played by Leonardo DiCaprio in The Wolf of Wall Street have been targeted by police. Officers from Britain and Spain carried out raids in Barcelona, Madrid, Marbella and London this week in one of the biggest anti-fraud operations ever staged. A total of 110 alleged fraudsters were held as police moved to stamp out so-called boiler room fraud, where investors are duped into buying worthless or non-existent shares. Among those held were criminal kingpins according to detectives who enjoyed lavish lifestyles, spending the stolen money on sports cars, designer watches, drugs and prostitutes. One of the suspects was believed to be paying £40,000 per month just to rent an apartment. An Aston Martin and Ferrari were among the cars seized by police, along with various watches and £500,000 in cash.
Plans to resuscitate Oku Iboku Pulp and Paper Mill in Akwa Ibom and Cross River States in Southeastern Nigeria were concretized on Wednesday, February 26, 2014 in Tunis, where Executive Directors of the African Development Bank approved a US $30-million loan to finance the rehabilitation project...
Mr. Harry E. Gould, Jr., Chairman and President of Gould Paper Corporation announced that Bob Weill, previously Executive Vice President in charge of International Operations for Gould Paper...
At first glance it might seem clear what the effects of the heavy demand declines are in several of the graphic paper grades in Western Europe. The increasing need to keep supply in balance with the continuously contracting demand is probably the most obvious one, as failing to do so normally brings well-known effects such as reductions in operating rates and lower profitability levels. But the effects of demand declines in Western Europe have other consequences that are not always recognized, like the increasing relevance of the export markets, which is impacting not only Western European producers, but also other players in the region directly or indirectly linked to the paper industry.
By Andreas Harsono, New York Times, 28 February 2014 | I grew up in the shadow of the Indonesian massacres exposed in Joshua Oppenheimer’s extraordinary documentary, “The Act of Killing,” which has been nominated for an Academy Award... “The Act of Killing” has now broken the official silence about the massacres. In response to the government’s unwillingness to approve the film for release in Indonesia, Mr. Oppenheimer made it available in Indonesia for free on YouTube. Despite limited Internet access outside of the cities, the film has been a distressing revelation for younger Indonesians. Indeed, it has provoked a public debate about the need for accountability for those crimes. The past two years have seen tentative steps in that direction. In July 2012, Indonesia’s human rights commission produced a report documenting the mass killings of 1965-66. The panel interviewed hundreds of witnesses to massacres, torture and rape.
By Mike Scott, Forbes, 27 February 2014 | I have spent much of the last three months editing a report on national climate change laws, which was launched this week in the US Senate by Senator Edward Markham. It was a big job – the study, put together by the Globe, the Global Legislators’ Organisation, and the Grantham Research Institute at the London School of Economics, weighs in at some 700 pages and is the most comprehensive analysis to date of the reach and depth of climate change laws around the world. It covers 66 nations that account for 88% of global carbon emissions, from Argentina to Vietnam via emitters of all sizes from the Federated States of Micronesia to China and the US.
European Commission, 27 February 2014 | The number of allowances to be auctioned for the remainder of the calendar year 2014 has been reduced by 400 million to reflect the implementation of back-loading. The revised auction calendars published today by EEX and ICE take account of this reduction. The first auctions to be affected by back-loading will be ICE's auction for the UK on 12 March, followed by EEX's auction on 17 March for the Member States participating in the common auction platform and EEX's auction on 21 March for Germany. Auctions held prior to these dates are not affected. From April onwards EEX will not conduct any further auctions on behalf of Poland. Polish auctions will resume in 2015. The amendment to the Auctioning Regulation implementing back-loading was published in the Official Journal yesterday.
MEMPHIS, Tenn. - February 27, 2014 -International Paper today announced that it has once again been named as the No. 1 company in the Forest and Paper Products sector in FORTUNE® magazine's annual ranking of "The World's Most Admired Companies® 2014." This is International Paper's 11th time in the
BURNABY, BC, Feb. 28, 2014 /CNW/ - Taiga Building Products Ltd. (TSX:
TBL & TBL.NT), ("Taiga" or the "Company") is pleased to announce that
it has completed the sale of five of its Canadian ...
[Business Wire] - Plum Creek Timber Company, Inc. today filed with the Securities and Exchange Commission its annual report on Form 10-K for the year ended December 31, 2013. The report is available to all investors without charge by visiting the company’s website at www.plumcreek.com.
Renewal of water power leases for certain generating stations
Consolidation for some Quebec facilities
MONTREAL, Feb. 28, 2014 /CNW Telbec/ - Resolute Forest Products Inc.
(NYSE: RFP) (TSX:...
Carbon-a new commodity has been introducing in the world of climate change. Estimation of carbon-stock and carbon-sequestration rate is the need to expand its market.
[Business Wire] - Rayonier announced today that the company’s board of directors has declared a first quarter cash dividend of 49 cents per common share. The dividend is payable on March
Dual-listed Mondi’s record financial performance during the year ended December 31 reflected the consequences of the company’s strategy of supporting and investing in low-cost assets, with sustainable margin benefits and exposure to high growth products and regions, which had been in place for many years, Mondi CEO David Hathorn said on Friday. He noted that, in terms of high growth markets, the company had specifically focused on emerging markets, adding that currently more than half of the group’s revenue was derived from these.
Frost Illustrated, 26 February 2014 | Two years after learning of the massive giveaway of Liberia’s treasured forests to foreign logging companies, the Liberian government locked up the former head of the Forestry Development Authority. Moses Wogbeh, former head of the forestry authority, was arrested and charged with allegedly defrauding the country of millions of dollars by issuing bogus permits between 2006 and 2012. Whistleblowers including the Liberia-based Save My Future Foundation, U.S.-based Global Witness, and the Canadian Sustainable Development Institute first raised the red flag over questionable permits that gave rights to nearly 6.1 million acres—23 percent of Liberia’s forests—to foreign logging interests. Logs were seen leaving the country even after President Ellen Sirleaf-Johnson stepped in and ordered a halt to timber exports.
South African paper maker Mondi posted higher 2013 full-year earnings on Friday, helped by benefits from acquisitions in its packaging business. Mondi, which is also listed in London, said diluted headline earnings per share for the year to end-December totalled 91.1 euro cents from 62.7 euro cents a year earlier.
This will be the fifth time the University of Wolverhampton's Telford Campus will host the six-week Improving Forest Governance programme.