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Fast fashion industry growth diminishes ESG gains

Location:

INT

Post-pandemic, UFF companies have further increased the speed of production and distribution cycles to achieve record sales, while the main fast fashion brands are trying to…

Romania will not meet OECD goals by date set

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ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

Russian household consumption is recovering slowly

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RUSSIA

This was the first acceleration after twelve consecutive declines and was driven by an 11% rise in the prices of services. The war in Ukraine has exposed Russia’s consumers to…

AI use in the fashion industry will proliferate

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INT

Firms in this sector are deploying AI in functions as diverse as consumer behaviour analysis and product development to supply chain management and marketing. The fashion industry…

Social media fragmentation raises disinformation risks

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INT

One driving factor of this risk is that in 2024 over 4 billion people -- around half the world's population -- will be able to vote in elections. These polls will take place at a…

Policy support will focus on China's property market

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CHINA

Exports and imports fell further into contraction, declining by 14.5% and 12.4% respectively in dollar terms. The consumer price index fell into negative territory, declining by…

Bahrain's energy transition will be slow

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BAHRAIN

Its sovereign wealth fund, Mumtalakat, announced on November 30 that it was establishing a USD750mn fund to invest in climate-related projects. On the same day, the Bahraini…

Eased travel to China will have limited success

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CHINA

Measures include relaxed visa requirements and improved payment options. Visitors from some European and South-east Asian countries have joined a group of 17 other countries that…

Egypt’s Israeli ties will persist despite war

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EGYPT

It hosted an international conference on October 21 to promote diplomatic efforts to that end, and as the humanitarian crisis deepened, officials have ratcheted up their rhetoric…

Prospects for the US economy to end-2023

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PROSPECTS H2 2023

Since labour market tightness is now the key source of inflationary pressures, slower economic activity will increase unemployment. Research by Ben Bernanke and Olivier Blanchard…