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OPINION PIECE – CANADIAN GOVERNOR GENERAL SHOULD SUE TWITTER AND HELP CLEAN UP SOCIAL MEDIA

The disturbing comments published by Twitter about Canada’s Governor General Mary Simon require the same response such defamation would spark against any newspaper should it have distributed such lies – she should sue.

Yes, Canada’s respected 75-year-old first ever indigenous Governor General should sue Elon Musk for defamation, as owner of Twitter, which published these untrue and poisonous comments.

Twitter and Musk made money from them – they attracted eyeballs, which boosted ad clicks, and boosted the social media site’s profile.…

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SUSTAINABILITY ACCOUNTING STANDARDS – IMPACT ON TEXTILES INDUSTRY



INTRODUCTION 

 

ACCOUNTING used to be restricted to financially measurable matters of profit and loss; expenditure and revenue; taxes and subsidies; investment and liabilities. But the mathematical and statistical skills underpinning a solid set of books and filed accounts are today increasingly being used to measure the environmental and social sustainability of a product, input, production process and supply chain.…

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THE POTENTIAL OF ITALY’S HALAL FOOD MARKET EMERGING POST-PANDEMIC



When France’s fast-food chain O’Tacos (www.o-tacos.fr) announced in 2020 that it would be selling in Italy its halal-certified French-style meat and vegetable wraps, Italian Muslims took this as a sign that halal was going mainstream in their country. O’Tacos’ first Italian outpost will open in January 2022 in Rome (delayed by Covid-19) and more openings in 2022 are planned in major Italian cities, including Milan and Bologna, said Yassin Baradai, founder of Milan-based Meem Communication (https://meemcommunication.com/

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APPAREL SECTOR: COUNTRY PROFILE BANGLADESH



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. …

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AUTOMATION NOT YET ABLE TO FORCE MASS RESHORING – BUT THAT DAY MAY COME, SAY EXPERTS



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.…

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SPAIN TRIES TO RECOVER ITS GOLDEN PLACE IN THE MUSLIM WORLD



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.…

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SPAIN BOOSTS HALAL TOURISM AND FOOD SALES – LOOKING FOR GROWTH IN THE POST-COVID-19 WORLD



Spain has been expanding its halal tourism and food sales, as it leverages its geographical proximity to Muslim countries in north Africa to provide travel and accommodation services.

In the CrescentRating Global Muslim Travel Index 2021, by CrescentRating & Mastercard, Spain climbed six positions to the 16th in the top non-Organisation of Islamic Cooperation (OIC) destinations (https://www.crescentrating.com/reports/global-muslim-travel-index-2021.html).…

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AML EXPERTS GIVE SCEPTICAL WELCOME TO EU REFORM PACKAGE, STRESSING NEED FOR ROBUST IMPLEMENTATION



The comprehensive set of reforms to the European Union (EU) AML/CFT system the European Commission proposed July 20 through a package of four legislative initiatives (1) could eliminate weaknesses in the fight against dirty money, but success will still hinge on implementation in the member states, experts have argued.…

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FATF CONSIDERS HOW TO IMPROVE EFFECTIVENESS WITHIN AML/CFT – BUT IS AML/CFT EFFECTIVE, PER SE?



While FATF’s mutual evaluation reports continue to show growing compliance with the organisation’s recommendations, concerns remain that the global AML/CFT system continues to fail in either preventing ML and TF or detecting and punishing such crimes after they are committed.

With FATF undertaking a strategic review since 2018, launched by the former China presidency and continued by the German presidency under Dr Marcus Pleyer, change in how the world fights ML and TF may emerge.…

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DEFENCE AND SECURITY GRAFT A RISK IN 62% OF COUNTRIES



Nearly two-thirds of 86 countries assessed worldwide face a high to critical risk of corruption in their defence and security sectors, according to the 2020 Government Defence Integrity Index (GDI) (1) that the Transparency International defence and security programme published November 16.…

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