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Canada and the USA may have one of the world’s most integrated auto sectors, with 2021 passenger vehicle imports into Canada from the USA worth USD27.8 billion and exports to the USA worth USD26.5 billion, yet trims and models can differ in either market.…

The United Nations has let its authorisation for foreign actors to fight maritime piracy in Somalia’s territorial waters lapse, because its government and backers have become more effective in fighting this criminality. Ramadhan Rajab reports.

The UN Security Council’s decision to let Somalia take care of its own piracy problem does not mean shipping companies can rest easy about attacks off Somalia, but it does indicate its government is taking control of the problem.…

The textile and fibre sectors of Ethiopia have been looking to expand domestic sakes as Ethiopia approaches one year anniversary of its exclusion of the USA’s Africa Growth and Opportunity Act (AGOA). This process continues even as a new peace deal between the government and rebel Tigray forces is being rolled out, growing hope that Ethiopia may be readmitted to AGOA and its preferential US market access in 2023.…

WORLDWIDE inflation is impacting the can making industry and its supply chain partners. Indeed, metal packaging prices have risen by at least 25% this year, according to industry association FoodDrinkEurope. A key reason has been soaring prices for energy used in manufacture, up more than 50% in 2022 according to the World Bank.…

The US government is coming under increasing pressure to reinstate Ethiopia as a participant of its African Growth & Opportunity Act (AGOA), now a peace agreement has been signed to end a bloody civil conflict in the country. The Ethiopian government and the Tigray People’s Liberation Front (TPLF) have agreed to halt two years’ hostilities that the UN concluded had “intractable and deadly consequences” for civilians.…

The Bangladesh textile industry is suffering from an acute gas shortage due to the surge in gas prices in the international market due to the ongoing Russian invasion of Ukraine. According to the International Energy Agency (IEA), Russia’s piped exports to Europe declined by an 40% (or over 45 billion cubic metres) year-on-year in the first eight months of 2022, tightening supplies worldwide.…

Innovation in athleisure gear continues to drive performance improvements, with an eye to boosting sustainability, as consumers become more environment conscious, and regulation toughens up.

Of course, making such improvements is no easy feat today given the entire supply chain is facing “unprecedented challenges,” warned Davide Vigano, CEO of tech textile manufacturer Sensoria, based in Redmond, Washington state, USA, as shipping delays hinder the delivery of components, and transport prices increase as energy costs also soar, pushed up by Russia’s bloody invasion of Ukraine. …

A gas supply crisis in Bangladesh is directly impacting the country’s important apparel industry due to its reliance on upstream and mid-stream textile and knitting sectors for fabric production, who consume natural gas for energy. The shortage has been caused by Russia’s invasion of Ukraine which said the International Energy Agency (IEA), has seen Russia’s piped exports to Europe declined by 40% in the first eight months of 2022, tightening supplies worldwide.…

New Zealand has been harvesting quality fibre from brushtail possums for decades, however, a new government native species conservation plan means the industry – in NZ at least – may have limited time to survive.

The animals, native to Australia, have caused considerable environmental damage across the Tasman Sea in NZ since their introduction in the 1830s.…

The crypto fraudster behind a massive Bitcoin fraud using the notorious former online darknet black market Silk Road, used by drug dealers and other criminals, has been convicted after pleading guilty on November 4 in a New York court. US citizen James Zhong admitted wire fraud when he unlawfully obtained over 50,000 Bitcoin from the Silk Road marketplace in September 2012, one year before it was shut down by US authorities.…