The European Union plans to implement the 12th round of sanctions against Russia, including key measures such as a diamond ban and an oil price cap. This article explores the content, purpose and expected impact of these new sanction plans.
According to reports from Bangladeshi media Financial Express and Daily Sun, Bangladesh, as the worlds second-largest garment exporter, is experiencing significant changes in exports. Recently, QIMA, a company serving over 30,000 global brands, released a report indicating that global brands and retailers are gradually reducing procurement from Bangladesh while increasing purchases from China. This trend was particularly evident in 2023, with Bangladeshs garment exports experiencing double-digit declines in October.