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Implementing international sanctions is never easy, but the sanctions regime on Iran is highly complex, buffeted by shifting diplomatic stances. With its Security Council ally Russia relying on Iranian military and technology supplies for it to pursue its invasion of Ukraine, time-limited UN restrictions on Iran’s nuclear programme officially lapsed on October 18.…

A global student body is encouraging universities and colleges to lead societal change that pushes behavioural norms towards more sustainable practices, reducing greenhouse gas emissions, as this summer’s record heat https://www.nasa.gov/news-release/nasa-announces-summer-2023-hottest-on-record/#:~:text=The%20summer%20of%202023%20was,(GISS)%20in%20New%20York. Underlines climate change.

Students Organising for Sustainability (SOS) International was launched in Denmark during 2019 and has since grown to be an alliance of 27 national and international organisations, working together to promote sustainability on campus, at home and at work.…

The invasion of Ukraine by Russia has sparked an unprecedented level of international sanctions. However, it has also caused an unprecedented wave of sanctions evasion.

June’s (2023) plenary of the Financial Action Task Force (FATF) had a clear message for the global anti-money laundering community, which includes organisations fighting sanctions evasion: “FATF reiterates that all jurisdictions should be vigilant to current and emerging risks from the circumvention of measures taken against the Russian Federation in order to protect the international financial system.”…

The Australian Federal Police (AFP) has led a major operation to take down a Chinese-organised ML syndicate, which the AFP alleges laundered Australian dollars AUD228.8 million (USD145 million) between 2020 and 2023. It had been hiding in plain sight within a Chinese currency exchange, alleges the AFP.…

The wool and textile sectors of Australia and the UK will be closely assessing the impact of the UK-Australia Free Trade Agreement (FTA), which came into force on May 31 (1). The agreement, one of the first major trade deals stuck by the UK following its Brexit from the European Union (EU) in 2020, includes a significant reduction and removal of tariffs in trade between the two.…

The Indonesian government is looking to actively support the country’s textile and clothing industry as it faces a downturn in exports, depressed by soft economies in overseas markets facing high inflation and interest rates.

Trade has indeed fallen, said the Indonesia industry ministry, which told Just Style of a decline in both exports and imports in the first half of this year (2023), with clothing and textile exports dropping by 18.7% and imports by 19.8%.…

Türkiye’s digital textile printing sector had started to rebound post-Covid-19, but since 2022, orders have slowed due to weakening economies in the country’s key European markets, while production costs have been impacted by surging inflation and currency devaluation. While this has hampered order books, reducing demand for all kinds of finishing, print houses have been adapting by seeking medium to high-end orders for smaller print runs, which favour digital printing’s flexibility – promoting investment.…

Sri Lanka’s inflation may be slowing compared to last year (4% in August, down from 64.3% year-on-year), (1) but the country’s clothing sector is still being hit by a lack of orders, the country’s industry body the Joint Apparel Association Forum (JAAF) has told Just Style.…

The China National Garment Association (CNGA) in a new briefing (1) on China’s clothing industry economic operations for H1 2023 warned that China’s clothing industry is under serious pressure. Insufficient post-Covid demand recovery in international markets due to inflation and central banks’ tight monetary policies have been exacerbated by overseas customers transferring orders to other countries.…

While UK authorised push payment (APP) fraud losses were down 17% in 2022 year-on-year, they still cost victims GBP485.2 million (USD619 million) and comprised 57% of all reported cases relating to purchase fraud, with case volumes breaking 100,000 for the first time.…