New York Times (September 19)
“Taiwan obviously needs a stronger food-safety policy with meaningful penalties.” The latest in a series of food scandals involves the sale of nearly 650 tons of adulterated “gutter oil,” which was produced from unsuitable sources, such as restaurant waste, and sold as cooking oil. “The Taiwanese authorities need to be doing more than reacting to food-safety problems on an ad hoc basis to ensure that what people eat is safe.”
Tags: Adulterated, Authorities, Cooking oil, Food safety, Gutter oil, Penalties, Restaurant waste, Scandals, Taiwan
Financial Times (August 4)
In what’s regarded as “a notorious feature of the world’s second-biggest equity market,” the Nikkei newspaper somehow very accurately “previews” earnings results days or weeks before they are officially reported. Authorities in other jurisdictions might worry “about disclosure violations, or a lack of equal access to price-sensitive information…. In Japan, regulators seem to have turned a blind eye to the ‘Nikkei previews.’” As these are only available in Japanese, they may place “non-Japanese readers at a disadvantage,” along with those who don’t read the newspaper and rely instead on the company’s official public results announcements.
Tags: Authorities, Blind, Disadvantage, Disclosure violations, Earnings results, Equal access, Equity market, Japan, Nikkei newspaper, Notorious, Previews, Regulators
Institutional Investor (June 3)
“It’s been 25 years since the government cracked down on pro-democracy demonstrators in and around Beijing’s Tiananmen Square.” Today, most younger Chinese have little awareness of the seminal event, and authorities are “taking extraordinary measures” to make sure the anniversary “passes without incident, or indeed recognition of any kind.”
Tags: Anniversary, Authorities, Awareness, Beijing, China, Crack down, Demonstrators, Government, Pro-democracy, Tiananmen Square
Chicago Tribune (March 11)
“No one steals and uses someone else’s passport for legitimate reasons. Only those who are inclined to violate the law and want to get away with it are given to this practice.” The role played by travelers with stolen passports on the ill-fated Malaysia Airlines flight remains unclear. What is perfectly clear is that authorities should “take the trouble to verify the identity of every person” by availing themselves of Interpol’s passport database. Currently, only a few countries make frequent use of this tool. Regrettably, more than one billion boardings went unscreened for misuse of lost/stolen passports last year.
Tags: Authorities, Boardings, Flight, Identity, Interpol, Law, Legitimate, Malaysia Airlines, Passports, Stolen, Travelers, Unscreened, Verify
