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Israel’s garment and textile sector has taken a hit due to the month-long war with Hamas, which followed the October 7 attacks on Israel by Hamas. Israel has a small manufacturing sector, with around 4,700 textile workers and 7,400 workers manufacturing apparel, according to the Taub Center for Social Policy Studies in Israel (1).…

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.…

Pulling out of the Times Higher Education Supplement (THES) world ranking of universities will not affect Utrecht University’s standing or popularity for current or future students. That was the message of Professor Dr Henk Kummeling, Rector Magnificus of the Netherlands’ university, whose areas of responsibility include student policy, academic affairs and cooperation in higher education.…

Indonesia’s tobacco farmers are enjoying a good harvest this year, but they are also facing uncertainty over new health regulations that could affect their livelihoods.

The tobacco industry is a major contributor to the Indonesian economy, generating about 10% of the state revenue from excise taxes, according to the country’s finance ministry.…

With the United Arab Emirates (UAE) to host the United Nations Climate Change Conference (COP28) summit this November and December, UAE higher education institutions have intensified their focus on climate change and sustainability, greening campus infrastructure, developing courses and engaging with the private sector.…

UK recession expected by the end of the year

The way the data is evolving there is a 60% chance the UK will be in recession by the end of 2023, or certainly by the early stages of 2024, according to Simon Ballard, Chief Economist, First Abu Dhabi Bank.…

Signatory universities of the Magna Charta Universitatum declaration are meeting in Poland to assess how research and teaching can help reconstruct cities harmed by war, environmental pressures and socio-economic change.

This conference chimes with the aims of the declaration, which highlights the value of academic freedom, institutional autonomy and community collaboration, and which has been signed by 960 universities from 94 countries worldwide.…

With the UN Office on Drugs and Crime (UNODC) estimating that up to USD2 trillion of criminal proceeds are laundered worldwide annually, there is plenty of financial motivation for professional launderers to offer services that tap these funds. To avoid being caught by law enforcement, however, launderers develop psychological and tactical techniques that help them hide their criminality from law enforcement and honest contacts in the legitimate business world (1).…

The Great Lakes region in cenztral and eastern Africa is exceedingly resource rich, and being beset by instability and conflict, it is highly attractive for illicit trade and financial crime fuelling money laundering. A new European Union (EU) Great Lakes Strategy is trying to promote the rule of law in the region – notably Rwanda, Burundi, Uganda and the eastern provinces of the Democratic Republic of Congo (DRC) – but faces major challenges.…

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.”…