Sanctions threat looms over Bangladesh’s garment sector ahead of elections | Business and Economy News

Sanctions threat looms over Bangladesh’s garment sector ahead of elections | Business and Economy News

Dhaka, Bangladesh — Weeks after turbulent wage-hike protests and subsequent factory closures, Bangladesh’s ready-made garment (RMG) industry, a key revenue earner for the nation, is dealing with a new phase of anxiety: “possible” economic sanctions by the country’s Western partners. The United States and European Union collectively account for more…

Bombs to buzzing beaches: Sri Lanka sees tourism surge after long crisis | Tourism

Bombs to buzzing beaches: Sri Lanka sees tourism surge after long crisis | Tourism

Colombo, Sri Lanka – Devmith Kaggodarachchi’s beachfront hotel in the southwestern coastal town of Hikkaduwa, a tourist hotspot 136km (85 miles) from the capital Colombo, is nearing full capacity. The three-star hotel, with air-conditioned rooms and private balconies looking into the Indian Ocean, is busy serving tourists visiting for the Christmas…

Sky-high inflation takes a toll on mental health in Argentina | Mental Health News

Sky-high inflation takes a toll on mental health in Argentina | Mental Health News

Buenos Aires, Argentina – Psychologist Jesica Bianchiotti, 35, still remembers the days when most sessions with her patients began with a chat about the weather or the results of the latest football match. But those days are long gone. With Argentina facing one of the worst economic crises in its…

Will oil prices rise after Red Sea shipping curbs amid Houthi attacks? | Business and Economy News

Will oil prices rise after Red Sea shipping curbs amid Houthi attacks? | Business and Economy News

Hijackings, missile strikes and drone assaults on ships by Yemen’s Houthi rebels have forced AP Moller-Maersk, a Danish shipping and logistics giant, and Hapag-Lloyd, a German shipping and container transportation company, to pause shipments through the Red Sea. Their decisions, announced on Friday, are a sign that major corporations are…

China’s youth compete for stable gov’t jobs in unstable economic times | Business and Economy News

China’s youth compete for stable gov’t jobs in unstable economic times | Business and Economy News

A good result on China’s annual national civil service exam is a requirement for any Chinese candidate who wants to be considered for the tens of thousands of vacant civil service jobs that the government seeks to fill every year. Many of the vacant positions are reserved for recent Chinese…

‘We barely make ends meet’: In Italy, some women are postponing motherhood | Women

‘We barely make ends meet’: In Italy, some women are postponing motherhood | Women

Giada, a 30-year-old writer, lives in central Italy with her boyfriend, a shop assistant also in his thirties. After several unpaid internships, she finally secured a more reliable position this year. As a writer specialising in science, she earns about 800 euros ($876) a month on a one-year part-time contract….

Is the world capable of stopping a climate apocalypse? | Climate Crisis News

Is the world capable of stopping a climate apocalypse? | Climate Crisis News

It was supposed to be a matter of life or death. So the recent spectacle of COP28 delegates quibbling over the wording of a final agreement calling on countries to “transition away” from the fossil fuels causing climate chaos provoked widespread alarm. Calling time on the status quo of using…