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Recent World The free movement of European Union citizens to Britain will continue for at least two years after Brexit as part of a transitional deal, British media reported on Friday. The first full round of talks to extricate Britain from the EU ended on Thursday with few compromises and differences over how to protect the future of expatriate citizens. Britain is due to leave the EU by the end of March 2019, after a June 23 referendum last year in which many Britons backed Brexit to restrict immigration and regain powers from Brussels.
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World Finance World Finance Corporation was a financial corporation founded in 1971 and headquartered in Coral Gables Florida. When WFC Corp was headed and controlled by Guillermo Hernandez-Cartaya (a former Cuban banker who was an agent of the CIA, and believed to be an agent of the Mafia, and also of various Colombian drug lords) through the WFC Group shell company, it became known for a major financial scandal in which over $50 million was lost. This scandal was the subject of a 60 Minutes segment on 26 February 1978. Cartaya controlled it through a number of shell companies, the most well known of which was the WFC Group.
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Overseas Loans And Banks
Two years previously, in 1973, WFC founded a bank in Panama called "Unibank"Unibank was rather successfulby 1976 it had affiliates worldwide and ~50 million dollars in deposit.In 1976, the Comptroller of the Currency forced Cartaya out of his control of the Pan American Bank of Hiateah in Florida – 2 million dollars had gone missing due to bad overdrafts and uncollected funds.Another bank had been started in the United Arab Emirates's Sheikdom of Ajman, with the collaboration of the Ajman government
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Investigation And Scandal WFC came to national attention when an investigation in 1976 by the District Attorney of Dade County, Florida, (along with four other governmental agencies; besides the Dade County Public Safety Office, the FBI, the IRS, the DEA, and the Comptroller of the Currency all participated in the joint investigation) revealed that the WFC held the dubious distinction of being the longest running (and largest) launderer of money for Colombian cocaine smugglers; the investigation proceeded for approximately two years.
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World Business Council for Sustainable Development The World Business Council for Sustainable Development (WBCSD) is a CEO-led, global advocacy association of some 200 international companies dealing exclusively with business and sustainable development. Its origins date back to the Rio de Janeiro Earth Summit of 1992, when Stephan Schmidheiny, a Swiss business entrepreneur, was appointed chief adviser for business and industry to the secretary general of the United Nations Conference on Environment and Development (UNCED
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Operations The Council provides a platform for companies to explore sustainable development, share knowledge, experiences and best practices, and to advocate business positions on these issues in a variety of forums, working with governments, non-governmental and intergovernmental organizations. It works on a variety of issues related to sustainable development. While its focus is on the overarching areas Energy & Climate, Development, Ecosystems and the Role of Business in Society, it also executes sector specific projects on cement, urban infrastructure initiative, tires, corporate reporting, water, energy efficiency in buildings, forest solutions, and electricity utilities.
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Impact and influence
A 2003 World Bank/IFC commissioned study identified the WBCSD as one of the "most influential forums" for companies on corporate social responsibility (CSR) issues.A 2004 globscen survey found the WBCSD as the second most effective SD research organization. The 2006 survey by the same company reports that 54% of all surveyed experts believe the WBCSD will play a "major role" in advancing sustainable development. Only the European Union received higher approval (69%).[
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Membership Membership of the WBCSD is by invitation of the Executive Committee to companies committed to sustainable development. Among its members are well-known companies such as General Motors, DuPont, 3M, NestlĂŠ, BP, Jain Irrigation Systems and Royal Dutch Shell. On January 22, 2013 the organization announced that Monsanto had joined. Member companies pledge their support and contribution to the WBCSD by making available their knowledge and experience, and appropriate human resources.
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