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The purpose of this analysis is to present the history of anti‐money laundering efforts in the United States as it applies both domestically and internationally, and demonstrate how this new legislation, if enacted, will mark a dramatic change in the customary treatment of international financial transactions and to international long‐arm jurisdiction and law enforcement. If enacted as proposed, this legislation may provide the tools necessary to achieve substantial progress in this effort.

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Back in 1908, PepsiCo proclaimed its cola drink as “delicious and healthful”. While hindsight suggests the second part of this slogan may have been decidedly questionable, a century later the same cannot be said about many of the US giant's products. So much so that associating PepsiCo with health is becoming to feel somewhat natural. Much of this is unmistakably down to current CEO Indra Nooyi, who has risen through the ranks since joining the company in 1994 after stints at Motorola and Boston Consulting Group. Nooyi arrived at a seriously tricky time. PepsiCo's restaurant businesses were stagnating and the company's huge growth could suddenly no longer be taken for granted. But cometh the hour and cometh the woman who was to transform PepsiCo almost at a stroke. Research informed her that the fast food market had reached saturation point and this inspired PepsiCo to shed big names like Pizza Hut, KFC and Taco Bell. Since the restaurant division accounted for a third of the $31 billion company, there is no doubting that this was a pretty intrepid decision to take.

This paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

In a number of recent multi-billion dollar cases brought against cigarette manufacturers, plaintiffs have in part alleged that the cigarette manufacturers (1) conspired not to compete on the basis of health claims or the introduction of potentially safer cigarettes since the 1950s, and (2) engaged in fraudulent advertising by making implied health claims in advertisements selling ‘low tar’/‘light’ cigarettes. In this type of litigation, defendants’ actions could be due to alleged illegal behaviour as asserted by plaintiffs, or be the result of market forces that may have nothing to do with allegedly inappropriate acts. We examine the economic evidence relating to these allegations, taking into account some of the major influences on cigarette company behaviour. In particular, our analyses show that much of the cigarette manufactures’ behaviour can be explained by Federal Trade Commission and related government actions, rather than conspiracy or fraudulent acts. We find the economic evidence is inconsistent with an effective conspiracy to suppress information on either smoking and health or the development and marketing of potentially safer cigarettes. Regarding ‘lower tar’ and ‘light’ cigarettes, the economic evidence indicates that the cigarette manufacturers responded to government and public health initiatives, and that disclosing more information on smoking compensation earlier than the cigarette companies did would not have had any significant impact on smoking behaviour.

With over 4,000 retailers and a probable current turnover of £230m., Spar Vivo's performance over the past few years has been impressive. Its success is due, primarily, to three factors: an imaginative and colourful approach to promotions; a persistent and developing policy of own‐brand merchandising; and a realisation that what counts, in the last analysis, is the operational performance of its retailer members. RDM interviewed the two men at the top — Michael Reynolds and John Irish.

The purpose of this study is to quantify the relationship between the fluid flow and pressure drop for perforated plates. The homogenization of non-uniform fluid flows is often accomplished by passing the fluid through perforated plates. The underlying principle for the accomplishment of flow homogenization is a tradeoff of pressure drop for flow uniformity.

The investigation, implemented by numerical simulation, is based on turbulent flow in pipes and across perforated plates. The approach is as follows: (a) to devise a model to determine pressure drop’s fluid flow information from a single-aperture, (b) to obtain this information for apertures of different shapes, (c) to determine this type of information for perforated plates situated in a circular pipe, (d) to compare the entire perforated-plate pressure drop with that for a single-aperture modular and (e) to analyze two identical perforated plates in series.

The pressure drop results for the single-aperture modular model agreed very well with those for a whole perforated plate in a round pipe, therefore negating the need to simulate the more complex situation. In addition to the parametric study with aperture shape and Reynolds number, porosities (20-60 per cent) and plate thicknesses were also varied. The results obtained here compared favorably with experimental data.

This work demonstrates an efficient method for analyzing and obtaining useful pressure drop information for perforated plates. For the first time, the porous media approach for modeling perforated plates is compared directly to complete, full-scale perforated plate applications and identical plates in series.

Investigates the differences in protocols between arbitral tribunals and courts, with particular emphasis on US, Greek and English law. Gives examples of each country and its way of using the law in specific circumstances, and shows the variations therein. Sums up that arbitration is much the better way to gok as it avoids delays and expenses, plus the vexation/frustration of normal litigation. Concludes that the US and Greek constitutions and common law tradition in England appear to allow involved parties to choose their own judge, who can thus be an arbitrator. Discusses e‐commerce and speculates on this for the future.

A history of the intellectual origins of the debate over the astructural bias is presented. The chapter summarizes both the emergent bias thesis and the charge of an astructural bias. The major works within this debate are reviewed. It has been found that the astructural bias still exists within the work of contemporary interactionists. The conclusion is that if interactionists want their work to be taken seriously, then they must seriously confront the distinguishing concept in sociology: social structure.

Effective discussion is inextricably linked to democracy. Social studies curriculum and instruction should engage students in practicing democratic skills and habits of mind. This case study provides a microanalysis of one U.S. History teacher’s commitment to fostering discussion in her classroom as a theorized pedagogical practice. A better understanding of what motivates teachers to engage students in classroom discussions paralleled with rich descriptions of how this teacher plans and implements discussion could encourage others to try this approach to teaching and learning.