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OFAC publishes guidance on the price cap sanctions for Russian oil

OFAC has now published its formal guidance on the price cap sanctions for Russian oil entering into force on December 5, 2022. The price cap policy is intended to maintain a reliable supply of oil to the global markets while reducing the revenues the Russian Federation earns from its oil after the conflict in Ukraine inflated

Barrick Gold of Canada “ Say #NoToCorruption

Barrick Gold of Canada which is re entering the mineral resource sector (copper gold) in Pakistan , after an international arbitration award, recently shared its policy on Anti – Bribery and Anti – Corruption. The company informed that Corruption causes widespread harm, fuels conflict and can result in misdirection of funds that would be used

Fishing

China's  lofted success in developing its economy has been correlated  with its dramatic rise in education particularly at the secondary stage leading to the tertiary level. China's future in productivity is planned to  encourage productivity as population declines. Highly populated  maritime countries may consider following this economic model as fishing stocks deplete offshore

By |2023-03-01T13:31:10+00:00January 12th, 2023|Categories: Economy Finance & Transparency|Tags: |0 Comments
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