LONDON: Brazilian police official Valdecy Urquiza will be the next chief of Interpol, the global police organization announced Tuesday.
Urquiza was elected secretary-general by a vote of Interpol’s general assembly at its meeting in Glasgow, Scotland, and will take up the post when the gathering ends on Thursday.
Currently Interpol’s vice president for the Americas, Urquiza is the first chief of the Lyon, France-based organization not to come from Europe or the United States.
The Interpol secretary-general essentially runs the organization on a daily basis. Jürgen Stock of Germany, who has held the post since 2014, is not allowed under its rules to seek a third term.
Urquiza pledged to promote diversity within the organization, saying “a strong Interpol is one that includes everyone.”
“When we respect and elevate diverse perspectives, we get a clearer, more comprehensive approach to global security,” he said.
Interpol, which has 196 member countries and celebrated its centennial last year, works to help national police forces communicate with each other and track suspects and criminals in fields such as counterterrorism, financial crime, child pornography, cybercrime and organized crime.
The world’s biggest police organization has been grappling with challenges including a growing caseload of cybercrime and child sex abuse, and increasing divisions among its member countries.
Interpol had a total budget of about 176 million euros (about $188 million) last year, compared to more than 200 million euros at the European Union’s police agency, Europol, and some $11 billion at the FBI in the United States.
Brazilian police official chosen as the next head of Interpol
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Brazilian police official chosen as the next head of Interpol
- Urquiza was elected secretary-general by a vote of Interpol’s general assembly at its meeting in Glasgow
- Urquiza pledged to promote diversity within the organization, saying “a strong Interpol is one that includes everyone”
Iran war unsettles India’s packaged water makers as bottles, caps get pricey
- Higher polymer prices hurt bottled water industry
- Industry worth $5 billion has big multinational players like Pepsi, Coca-Cola
NEW DELHI: The Iran war is rattling India’s $5 billion packaged water market just ahead of the sweltering summer season.
One of the world’s fastest growing bottled water markets is seeing some manufacturers hike prices for distributors, as supply disruptions linked to the war fuel higher costs in everything from plastic bottles to caps, labels and cardboard boxes.
Though retail prices are yet to feel the heat and bigger companies are absorbing the pain, about 2,000 smaller bottled water makers have increased rates for their resellers by around 1 rupee per bottle, a 5 percent hike, which will rise by a further 10 percent in coming days, according to the Federation of All India Packaged Drinking Water Manufacturers’ Association.
Consumers usually pay less than 20 rupees, or around 20 US cents, for a one-liter bottle.
“There is chaos and within the next 4-5 days, this will start impacting customer prices,” said Apurva Doshi, the federation’s secretary general.
Rising oil prices have increased the cost of polymer, which is made from crude oil and is a key material for the industry’s plastic bottles. The cost of material used in making plastic bottles has risen by 50 percent to 170 rupees per kilogram, while the price of the caps has more than doubled to 0.45 rupees apiece. Even corrugated boxes, labels and adhesive tape are costing much more, industry letters showed.
Clean water is a privilege in the country of 1.4 billion people where researchers say 70 percent of the groundwater is contaminated, leaving people reliant on bottled water. Companies including Bisleri, Coca-Cola’s Kinley, Pepsi’s Aquafina, billionaire Mukesh Ambani’s Reliance and Tata all compete for a share of the $5 billion market. The companies did not respond to Reuters request for comment.
PREMIUM WATER FACES HEAT TOO
Within the broad bottled water market, natural mineral water is a $400 million business in India and a new, fast-growing wellness product for India’s wealthy.
The premium water segment accounted for 8 percent of the bottled water market last year in India, compared to just 1 percent in 2021, Euromonitor says.
Aava, which sells mineral water sourced from the foothills of the Aravalli mountains, has increased prices of its water bottles by 18 percent for resellers, Shiroy Mehta, CEO of the company, told Reuters.
“Most manufacturers are absorbing 40-50 percent of the cost to ensure that they don’t lose clients. It’s a poor situation for the beverage industry ahead of the summer season,” he said.
The mass market, however, is dominated by companies that produce “drinking water” to be sold in 1-liter bottles to customers. Clear Premium Water, a brand of India’s Energy Beverages, said in a notice to its distributors there had been an “unprecedented and continuous surge” in prices of key raw materials used in packaging and production.
“It is no longer possible for us to absorb the escalating costs while maintaining existing product prices,” the notice said.
