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Investors call for reforms in apparel supply chains

In light of a series of calamities in Bangladeshi apparel manufacturing plants that resulted in an overwhelming loss of life, over 200 institutional investors (including the Maryknoll Sisters and the Maryknoll Fathers and Brothers), representing over $2 trillion in assets under management, issued a statement on May 16, calling on apparel industry leaders to implement systemic reforms that will ensure worker safety and welfare, and to adopt “zero tolerance” polices on global supply chain issues.

Obama’s second African safari

President Barack Obama’s second safari (“travel” in Swahili) to Africa as head of state – scheduled June 27-July 2 – raises several interesting questions: Who will accompany him and his family to Senegal, Tanzania and South Africa? With whom will Obama meet while in Africa? What issues will be discussed in public and in private? These questions may be a guide to what to look for in the Obama visit.

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Latin America: Combatting investment tribunals

In response to the dramatically increasing number of lawsuits and claims in international tribunals by European and U.S. multinational companies, ministers and ambassadors from 12 Latin American countries met in Ecuador on April 22 at the “First Ministerial Conference of Latin American States affected by the interests of transnationals” in order to create mechanisms to better defend themselves.