Largest Garment Manufacturing industry, which, for decades, has fuelled europe and americas appetite forfast fashion. But as Coronavirus Spread around the world, over three billion pounds worth of clothing orders were cancelled and many factories were shut. It was a devastating blow to the sector on which many livelihoods depend. Bangladesh is one of the worlds most incredible economic success stories. At the heart of the countrys economic boom is the Garment Industry. The First Factory opened in the 1970s, and now its a 30 billion industry. Barton, arcadia groups, tesco, river island. Almost everybody has visited in my showroom. There are almost 5,000 garment factories in bangladesh, employing mostly women. But could the coronavirus erase decades of progress in a matter of months . You see all this is justjeans, and those made for the uk high street. Theyjust keep here like that. How many days i can keep the jeans like that . Where i have the space . Factories shut down, leaving thous
Expensive towns, and the food bank is stretched to its limit. And the romantic movie about a terrible accident. Not everyone is impressed. We are on set in bangladesh. Rescue teams in south korea are searching for nearly 300 people who are missing after a passenger ferry sank off the coast. 477 were on board the vessel, travelling to an island. Two people have been killed. Dozens of rescue ships and helicopters are searching the area. Caroline malone has the latest. Its a massive rescue operation to try to save hundreds from the sea of south koreas south coast. 470 passengers were on the ferry. Around 60 vessels are involved in the emergency mission. Translation 18 helicopters were used for the rescue, with a firefighting team, coast guard, navy and police. 34 vessels from the coast guard and 25 from the navy were used. Survivors felt a jolt from the ship around breakfast time. The ferry began to tilt and sink. Many on board were students, on a trip from high school to the capital seou
And, a band called heartbeat young israeli and palestinian musicians together convinced that music can help bring peace. Welcome. Im bob abernethy. Its good to have you with us. Major religious groups continued their strong opposition to the requirement that employers provide free contraception Insurance Coverage under the new healthcare law. The administration has made changes to the policy to try to accommodate religious objections but a broad coalition, including members of the us conference of catholic bishops and the Southern Baptist convention, say the policy still violates religious freedom. We want people of belief and of conscience to be able to run their businesses and their daily activities according to christian principles should they choose to do so. Meanwhile, several businesses who also have moral objections have sued the administration over the mandate. An Appeals Court recently ruled the owners of the arts and crafts store chain, hobby lobby, will not have to pay penal
Want to use the companys experimental drug for myscular dystrophy patients. There are signs the fda will give it fast track priority. The main indexes all advanced for a 5th day. That close for the s p puts it on its longest winning streak for the year. Oil settled at a 7 week high. Gold opens at a more than 2 week low. There are reports ford will name its coo, mark fields to be its new ceo. Current Ceo Alan Mulally has said he will retire before the end of the year. And on the 44th annual earth day, comes the question how earth friendly are you . Eco america did a poll. 71 percent of americans say theyre concerned about climate change. A higher percentage say humans can reverse the damage. But would you pay more for environmentally friendly products to help do that . In asia 58 percent say yes. Only 32 percent in the us and russia would buy such products. Things have been hopping and popping in the bond markets. Lets talk with Glenn Schultz with Performance Trust about this. Lets star
Worst factory accident, we ask are working conditions any safer . [ music ] barack obama has backed japan in its territorial dispute with china. The u. S. President said the senkakus have been historically governed by japan. The diaoyu island, as its called in china, has strained relations. President obamas remarks are likely to anger china. We stand together calling for disputes in the region, including maritime issues, to be resolved peacefully, through dialogue. We share commitment to fundamental principles such as freedom of navigation and respect to international law. The treaty commitment to japans community is absolute, and article five covers all territories under japans administration, including the si senkakku islands island. The u. S. And japan share sovereignty based on legal principles. We are global countries promoting stability and peace. Both are contributing to the peace and prosperity of asiapacific region. Live to our correspondent Mike Viqueira in tokyo, travelling