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South Caucasus News

Court papers show Sen. Bob Menendez may testify his wife kept him in the dark, unaware of any crimes – Oil City Derrick


Court papers show Sen. Bob Menendez may testify his wife kept him in the dark, unaware of any crimes  Oil City Derrick

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South Caucasus News

Global Anti-Israel Boycott Gains Momentum: L’Oréal and The Body Shop Added to Growing List


The anti-Israel boycott movement in Asia, which previously targeted major food and beverage companies like Starbucks and McDonald’s, has now set its sights on Western beauty products. This shift reflects a growing trend in consumer behavior across the region, as individuals opt for local and Chinese alternatives over brands associated with Israel.

The boycotts, which have been gaining momentum in Southeast Asia, are a response to the ongoing conflict in Gaza and have begun to impact the profits of multinational corporations. Notably, French cosmetics giant L’Oréal and The Body Shop have seen a decline in sales as consumers in Indonesia, among other countries, are choosing to support businesses that align with their stance on the geopolitical situation.

This movement is not just a fleeting trend but a reflection of the broader sentiment among the population in Muslim-majority nations. Countries like Malaysia, Turkey, Saudi Arabia, and Indonesia have been at the forefront of these boycotts, expressing solidarity and support for Palestinians affected by the conflict.

The economic implications of such boycotts are significant, with companies like Unilever reporting a notable decline in sales in the region. The consumer shift is also fostering the growth of local industries, as entrepreneurs seize the opportunity to promote their brands and products, which are perceived as more ethical and supportive of the cause.

As boycotts continue to evolve, they serve as a powerful reminder of the influence consumers wield and the potential impact of collective action on global businesses.


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South Caucasus News

Opposition in South Ossetia – JAMnews


Opposition in South Ossetia  JAMnews

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South Caucasus News

CBA currency exchange rates (17.04.2024)


According to the official exchange rates of the Central Bank of Azerbaijan for today, the US dollar remained unchanged at 1.7000 manat, euro increased by 0.07% to 1.8055 manat, and the Russian ruble went down by 0.6% to 0.0180 manat.

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South Caucasus News

Azerbaijani FM receives EU special representative


The Minister of Foreign Affairs of Azerbaijan, Jeyhun Bayramov, received the Special Representative of the European Union for Central Asia, Terhi Hakala, the ministry told Report.

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South Caucasus News

South Korean Army, Marine Corps conduct live-fire drills near border with North Korea


The Army and Marine Corps held live-fire artillery drills near the border with North Korea on Wednesday to bolster their deterrence against North Korea’s provocations, the Army said, Report informs citing Korea Times.

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South Caucasus News

Uzbekistan, Kazakhstan & Kyrgyzstan to create company for construction of HPP


Uzbekistan, Kazakhstan and Kyrgyzstan will sign an intergovernmental agreement on the joint implementation of the Kambaratinsk HPP-1 construction and operation project, Azernews reports, citing the Ministry of Energy of Kazakhstan on the government portal “Open NPAs”.

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South Caucasus News

NPR News: 04-17-2024 1AM EDT


NPR News: 04-17-2024 1AM EDT

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Categories
South Caucasus News

Newspaper: When will Turkey special representative for normalization of relations visit Armenia? – news.am


Newspaper: When will Turkey special representative for normalization of relations visit Armenia?  news.am

Categories
South Caucasus News

Armenia News – news.am


Armenia News  news.am