The garments industry makes up 80 percent of Bangladesh’s exports. While the industry suffered in 2020-2021, it recovered remarkably in the last 12 months. However, as the war in Ukraine and inflation stress impacts the world, more are focusing on food and mortgages, and clothing orders have dropped off significantly impacting Bangladesh. Pray for new solutions for Bangladesh. Pray for new ideas to diversify its economy. Pray for new provisions for the poor who will suffer more from the loss of income. Praise God that He is a God of new beginnings (The Bible, Revelation 21:5).
Source: Bangladesh’s garments exporters brace for slowdown after Walmart warning (Reuters)
Sheikh Ahmed, the son of the Kuwaiti Emir, was named the country’s new Prime Minister upon an Emiri decree issued by the Crown Prince, Sheikh Meshal Al Ahmed Al Sabah. The appointment comes three months after former Prime Minister Sheikh Sabah Al Khaled Hamad Al Sabah submitted his resignation, in the fourth such case in the past two and a half years. The new Prime Minister pledged to preserve the country’s constitution, democracy and national gains. He expressed his loyalty, allegiance and faithfulness in serving Kuwait and its people. Pray the new leaders will take efforts to achieve people’s aspirations for progress, prosperity and comprehensive development in the country (The Bible, Judges 5:8).