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Argentina: A dispute between US-based Mosaic and port workers increases the risk of port disruptions in Santa Fe, affecting soy exports.

Analysis: Port workers in the city of Rosario, Santa Fe, are likely to go on strike next week over a dispute with US fertiliser company Mosaic. The workers, who are part of the Argentinean Ports Union (SUPA), have prevented the loading and unloading of Mosaic’s shipments at Rosario’s San Martin port for a week, and are currently demanding the incorporation

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Venezuela- Food firms are likely to see profit margins squeezed because of price controls and inflation

Rafael Gomes

Perils: Regulatory Risks Sectors, Assets or Individuals Affected: Food Industry/All Sectors Analysis: On 3 May 2011, the Central Bank announced that annual inflation had reached 22.9% in the first quarter of 2011. Although Planning Minister Jorge Giordani portrayed this as a victory, stating that the government had planned to lower annual inflation to 20% by 2012, there are worrying signs that lead

Overcoming Enterprise Disruptions – New Risk Tools Help Companies with the “Uninsurable”

Ian Harrison

The commercial and operational realities of today’s global business environment are creating a whole new class of risks that do not fit neatly into the traditional categories of insurable risk for organizations. We call these “contingent enterprise disruptions,” and they can cause significant financial loss to your organization, as well as inflicting costly damage to your corporate reputation. Counterfeit goods

Cote d’Ivoire (Ivory Coast): The risk of disruption to cargo and cocoa exports is likely to rise over the next month due to a resurgence of violence in Abidjan.

Rafael Gomes

Perils: War, Terrorism Sectors, Assets or Individuals Affected: All Sectors, Cargo Analysis: Following the arrest of former President Gbagbo on 11 April 2011, Exclusive Analysis assessed that the levels of violence in Abidjan, Cote d’Ivoire’s commercial capital, would drop for a period of no more than three months before intensifying. There are now growing indications that violence will once again increase in the

The Blurry Line Between Beverages and Dietary Supplements: The FDA Position

Lori Hardaway

That the beverage industry has been an area of rapid growth is no surprise to anyone. Beginning about 20 years ago with the introduction of Red Bull, the market has seen the onslaught of products touting increased energy, promoting relaxation, and a host of other health benefits. These products usually claim to be dietary supplements, but the Food and Drug

China – Regulatory Risk: New anti-bribery laws are likely in the next three years, raising risks of lawsuits against foreign firms competing with state firms.

Rafael Gomes

In February 2011, China passed an amendment to its bribery law that enters into force on 1 May 2011. The vague, single sentence amendment bans the payment of bribes to foreign officials for commercial gain, but fails to clarify the law’s jurisdiction, define bribery or address permitted payments. In its present form, the amendment can be read as applying not

Wrongful Death, Survival Actions & Medicare – Who Wins? – Allocation is Determining Factor

Roy Franco

If decedent is a Medicare beneficiary, be thoughtful about preparing for the related wrongful death action claim. Medicare most likely will be entitled to reimbursement for the decedent’s related medical expense if there is a settlement, judgment or award. The wrongful death claimants are not protected from Medicare’s reach, but practitioners may seek refuge through proper planning. Segregate the claims

Guinea: Increasing food and fuel costs will lead to large protests in Conakry and other cities in the next few weeks.

Rafael Gomes

Opposition, civil society and unions plan to stage large protests in Conakry and other major urban centres over the next few weeks over increasing food and fuel costs. Implications: President Alpha Conde, who took power in the December 2010 elections after a drawn-out democratic transition process, has failed to curtail the deteriorating economic situation in his first 100 days in

A lack of effective policing leaves increasing risks of theft and extortion to cargo and grain warehouses by drug cartels unopposed

Rafael Gomes

Perils: Terrorism Sectors, Assets or Individuals Affected: Cargo, Agriculture Analysis: On 22 March 2011, the Mexican warehouse association Aagede reported that organised criminals had started to targeted warehouses containing corn and vegetables in Mexico’s northern Sinaloa state. Their statement follows a 15 March robbery of 250 tonnes of corn from a warehouse owned by Graneros Unidos Jova in the industrial

Food exporters, especially from north-eastern Japan, are at high risk of having their export orders cancelled in the coming month.

Rafael Gomes

Peril: Contract Risk Sectors, Assets or Individuals Affected: All Sectors Analysis: In the past week, a number of countries have imposed screening of imports, primarily of food products, from Japan. These include China (including Hong Kong), Indonesia, South Korea and Thailand, while the European Union has recommended that member states start scanning imports as well. These measures come after reports