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A key political question emerging from the Coronavirus pandemic has been how the disease might readjust relations between this world’s two largest powers – the United States and China. The two countries have had two very different experiences of Covid-19, which reflect their contrasting social and political systems.…

Cryptocurrency innovation is moving fast, with AML/CFT-oriented financial institutions and law enforcement struggling to keep up as criminals exploit the system through newer technology such as decentralised finance and anonymous privacy coins.

The use of cryptocurrencies is surging, and is increasingly being adopted in more, often unregulated, markets.…

AS the European Union (EU) debates the proposed creation of a supra-national EU Anti-Money Laundering Authority (AMLA) and associated reforms to EU AML/CFT law, it must take privacy concerns into account, the European Data Protection Supervisor (EDPS) has argued.

In a comprehensive and detailed comment on the proposed new EU AML/CFT regulation and directive, the EDPS, an EU agency with powers to regulate the EU general data protection regulation, has said it supports these proposed laws’ embrace of the risk-based approach, which implies measures “as effective as possible and as less intrusive as possible”.…

Turkish apparel manufacturers are investing significant sums of money in sustainability and traceability, implementing international standards, and adopting digitalisation in anticipation of more consumer demand for eco-friendly products.

With Turkey a higher-end (and cost) apparel manufacturing hub than east Asia, Egypt or Africa, the country’s industry is banking on its value-added production to retain as well as expand exports to Europe and North America.…

The Turkish apparel sector is looking to build on its long-standing record as a major apparel producer for the American market, offering quality products at a swifter time-to-market than its key competitors in Asia, especially China.

Turkey’s apparel exports to the USA remain robust – at around USD1 billion-a-year according to Mehmet Kaya, a board member of the Istanbul Apparel Exporters Association (İstanbul Hazır Giyim ve Konfeksiyon İhracatçıları Birliği – İHKİB).…

Ethiopian textile and clothing managers and workers are worried that the USA may expel their county from the African Growth and Opportunity Act (AGOA) trade access, as armed conflict continues in Tigray.

The US Trade Representative Katherine Tai has said America would “soon” decide on Ethiopia’s status under AGOA, which gives its clothing and textile exporters duty-free access to the United States.…

One of the most important changes in geopolitics in the past 10 years has been the rise of China’s economic and military power, which has grown so much, its influence is now a serious rival to the hegemony of the United States.…

While the human misery created by the coronavirus Covid-19 is undeniable, with 4.7 million deaths formally assigned to the disease by October 2021, and many more doubtless unrecorded, the pandemic has had another major impact – on politics.

This is because the disease, being highly infectious, caused governments to take public health measures that affect all their citizens, far more comprehensive than any other such policies in history.…

After the Second World War, Europe emerged economically and socially drained. The war had destroyed so much housing, industry and infrastructure and killed millions of people. Unsurprisingly, the societies of countries who had fought – or been fought over – and that was most of the continent – were brought their knees by the conflict.…

Hubris comes in many forms, but surely the rushed exit of American forces from Afghanistan to meet an artificial political deadline of the 20^th anniversary of the September 11 attacks in the USA is a breathtaking example.

Rather than strengthening the agents of reform in Afghanistan, upon which the US and its allies have inefficiently spent trillions of dollars, this helter-skelter exit has undermined them, leaving at the mercy of a resurgent Taliban.…