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Political tensions rise as the Democratic National Convention kicks off in Chicago. The garment industry in Bangladesh faces turmoil, leading international brands to reevaluate their sourcing. Start-up failures soar by 60%, highlighting the challenges post-boom. Climate change impacts homeowner insurance, with increasing premiums and affordability issues. Innovative solutions are emerging to tackle financial risks in the face of extreme weather. The importance of reinventing policies for sustainable development is emphasized.
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- The political instability in Bangladesh is forcing global fashion brands to shift their sourcing, risking the integrity of the garment industry.
- Insurance companies are adapting to climate change challenges by withdrawing from high-risk areas while developing innovative risk management solutions.
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