Search Results for: united nations

The relationship between the USA textile industry and its counterparts in Latin America has never been straightforward, given the US exports fabrics and fibre to its neighbours as well as importing apparel, but the Covid-19 pandemic has increased complexity in this relationship.…

Oil-service provider Petrofac is to pay out a total GBP77 million (USD104.6 million) after pleading guilty to seven separate counts of failure to prevent bribery to win over GBP2.6 billion (USD3.5 billion) in Middle East contracts. In a case brought by the UK Serious Fraud Office (SFO), Her Honour Judge Deborah Taylor October 4 sentenced the Jersey-based contractor in Southwark Crown Court to pay GBP47,197,640 (USD64,208,613) in fines, a GBP22,836,985 (USD31,066,704) confiscation order plus the SFO’s GBP7 million (USD9.5 million) costs.…

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.…

While the Arab world certainly has a political culture of its own, there are many universal human truths that its politics shares with the rest of the globe, even if – perhaps – tensions can be more intense in this region than others.…

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.…

The Covid-19 coronavirus outbreak was declared a pandemic on March 11, 2020, by the World Health Organization (WHO) after it spread from Wuhan, China, across the globe. As yet, the world does not know for sure how and why the virus was released.…

One of the world-changing impacts of the Second World War was an understanding that unfettered competition between nation states was not just undesirable, but – if taken to its logical conclusion – would lead to war. Amidst the ruins of Europe, as an exhausted continent stumbled out of conflict, new thinking emerged, that economic links between neighboring countries be deliberately forged to create interdependence that would encourage cooperation to achieve wealth.…

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.…

Many friends ask me why, as a businessman and investor controlling pioneering projects, why I am concerned with politics? I always answer that my experience has taught me that the key to progress lies in politics, and this is especially true in Arab countries, where, frankly, politics is everything. …

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.…