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Dubai defaults…on human rights
It wasn’t too much of a surprise to read that the Dubai Multi Commodities Centre bonds were placed on credit watch negative recently, after being downgraded to junk status in June. Is a business model built on willful, knowing exploitation of forced child labor really sustainable in any sense?
Maybe five years ago, traders could claim [...]
Following the trail of Uzbek cotton: taking names
Where does the cotton go, and how can Western end-users avoid consuming it? This is a question that needs a lot more exploration. According to a recent press release, the cotton fair in Tashkent was a great success, pushing the slave-harvested commodity out and probably into goods that stock our shops. Reportedly, contracts were signed [...]
October’s cotton fair in Tashkent: undercover and out of sight
In past years, the Uzbek government has gone to a lot of trouble to advertise their main venue for marketing their ill-gotten cotton, but this year, I’ve noticed, they’re keeping it pretty much on the down low. Which makes sense. The official news agency UzA has several cotton stories on the Uzbek [...]
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