Tag: south

A South American currency union? Don’t hold your breath

by  on  in American Business News

NEW YORK — South America is not likely to have a common currency bloc to rival the euro any time soon, analysts said on Monday, despite excited chatter sparked by officials in Brazil and Argentina raising the prospect of a shared tender.

On Monday Brazil’s President Luiz Inacio Lula da Silva and Argentine President Alberto Fernandez said they were in early talks to establish a shared unit of value for bilateral trade, though this would not replace the real or peso currencies.

That came after the leaders had touted a “common South American currency” on Sunday and officials told the Financial Times the tender could even be called the “sur” and eventually look to bring in other countries around South America.

Analysts were quick to knock that down, following decades of similar talk with little to show for it, including shelved plans for a so-called “gaucho” for Argentina-Brazil trade in 1987 and former Brazil President Jair Bolsonaro

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South Africa hears historic class action for lead poisoning launched by Zambian  children and women

by  on  in American Business News

The South Gauteng High Court in Johannesburg will continue hearing a ground-breaking case brought by Zambian children and women against the mining giant Anglo American, seeking compensation for lead poisoning, human rights groups announced today.

At the end of the 12-day hearing that opened on 20 January, the Court will decide whether to certify this unprecedented class action demanding that Anglo American South Africa remedy the adverse health impacts of its mining activities in the District of Kabwe, Zambia. If the case proceeds, it will offer a unique opportunity for residents of Kabwe to have a day in court and secure judicial remedies for the alleged human rights abuses associated with Anglo American’s business operations.

Residents of Kabwe have shown incredible resilience in pursuing legal action against a multinational mining giant

Candy Ofime, Researcher and Advisor – Business and Human Rights at Amnesty International

Amnesty International and the Southern Africa Litigation Centre (SALC) were admitted as joint amici curiae (“friends of the court”) in August 2022 to brief the Court on international business and human rights standards and South African constitutional law relevant for the certification of the class action. The human rights groups stress that South Africa’s duty to regulate the conduct of its companies extends beyond its territorial borders and that Anglo American’s responsibility to respect human rights should inform the Court’s decision to certify this class action.

          “Residents of Kabwe have shown incredible resilience in pursuing legal action against a multinational mining giant and should be afforded the opportunity to make their case before South African courts. Businesses have a responsibility to remediate the adverse human rights impacts of their activities. Remediation starts with a fair access to courts” said Candy Ofime, Researcher and Adviser on Business and Human Rights at Amnesty International.

This lawsuit

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South Florida Business News

by  on  in Business Card Companies

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South Florida Business News

by  on  in Best Business Newspaper

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South Florida Business News

by  on  in Business Information Companies

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South Florida Business News

by  on  in Business Phone Directories

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A by means of procedure helps determine transition possibilities, business strengths and weaknesses, risks to …

South Florida Business News

by  on  in Business Magazine Articles

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Why a marketers money is ideal spent on a podcast to generate much more business for their bottom line. In Australia: If you choose to operate …