UNESCO’s Director, Audry Azoulay, reported that Africa can become an emerging fashion leader, but greater support must be made for the workers and the overall industry. The report was presented at the 2023 Lagos Fashion Week and displayed that the African fashion industry can increase by 25% if the authorities figure out ways to improve investment, sourcing costs, right and legislations.
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The Trump Administration’s Clean Network Initiative poses threat to Chinese innovation and technology.
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On November 16th, 2020, the Korean Government officially announced that Asiana Airlines will be acquired by Korean Air.
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As of November 15th, 2020, Asia Pacific nations including China, Japan, and South Korea have officially signed the world’s largest free-trade agreement.
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Allegations of exploitative condition and poor working conditions have come out against major brand factories in India. There are allegations against the supermarket chains Marks & Spencer, Tesco, Sainsbury’s, and high-profile fashion company Ralph Lauren.
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The United States government has started an antitrust lawsuit against Google due to controversy against its extremely popular search engine.
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In 2016, a large oil company, Preem, applied for a permit in order to expand their Lysekil refinery on the west coast of Sweden.
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