Search Results for: united nations

Every four years, the presidential US election reminds the world that democracy can work – that even the leader of the world’s most powerful country can lose power at the hands of voters. Sure, there is some repetition – today’s losers in Washington are those who won in 2016.…

Since its foundation, the United States has regularly seen opposition party presidents defeat the candidate of the incumbent ruling party. Indeed, since the 1920s (when Republican presidents held sway), only one ruling presidential candidate won an election to replace a predecessor from the same party – President George Bush Snr in 1988.…

The second-largest garment exporting country in the world, Bangladesh has grown its position as a key outsourcing hub since the 1980s.  

With a global market share of 6.26%, according to the World Trade Statistical Review 2021 (1), “The industry has come a long way,” said Md. …

The use of ‘sewbots’ that can replace human sewers and other robotics look set to transform the clothing and textile supply chain and facilitate reshoring or near-shoring to developed countries currently reliant on lower income outsourcing hubs, maybe thousands of kilometres away from buyers.…

Opposition is mounting outside the Big Three US auto manufacturers to proposed federal tax credits for electric vehicle purchases within proposed House of Representatives and Senate versions of the Build Back Better Act.

With a House vote maybe happening this week, representatives of foreign-owned and non-union manufacturers as well as the Canadian and Mexican governments, are pushing for changes to the tax credit packages under discussion.…

Spain, which in the early Middle Ages was part of Islamic state called Al-Andalus – remembered as a golden age of Spanish tolerance and reason – has finally started to seriously play to win in the global halal market, through tourism and exports.…

South Korea’s pharmaceutical industry, a global player with exports reaching South Korean Won KRW7.93 trillion (USD6.8 billion) in 2020, has been expanding its foothold in the world’s Muslim markets, offering guarantees that manufacturers avoid inputs that are offensive to Muslims.…

Indonesia’s drive to require pharmaceutical products to be halal-certified is gathering pace, but the country’s pharma industry’s reliance on imported raw materials for medicines is impeding progress, officials and industry players say.  

In October, Indonesia issued a government regulation requiring pharmaceutical products to be certified halal by 2029 for over-the-counter drugs and 2034 for prescription medicines.…

Halal food exports from India are growing fast, according to a key Indian certification organisation, with domestic consumers among India’s 200 million Muslims also being increasingly demanding about halal standards.

According to Faiyaz Khan, the master technologist in food technology, of certification body the Jamait-Ulama-I-Hind Halal Trust, the volume of halal certified exported food products sold from India have grown by more than 50% over the past two years.…

On November 11 (2021), Indonesia’s National Ulema Council (MUI), the country’s top Muslim clerical body, ruled that “using” cryptocurrency is haram, due to its “uncertainty” and “potential for wagering and harm”. 

The ruling, which was not accompanied by any public clarification of MUI’s position on what constitutes “using” cryptocurrency, sent ripples through the Islamic world and reignited discussions about the role of the rapidly expanding digital assets sector in Sharia-compliant finance. …