The world economy faced several crises in 2022 that highlighted the need for more balanced development. Although the COVID-19 outbreak was still felt globally, the conflict in Ukraine affected the food and energy markets, causing severe mal...
The year 2021 marked two decades since the term "BRICS" was first used by former Goldman Sachs economist Jim O'Neill in the early 2000s to refer to the four rapidly developing nations that appeared most likely to start catching up to the We...
Even at times of high global uncertainty, Bangladesh has a good track record of growth and development. Over the last two decades, rapid economic growth has been supported by a robust demographic dividend, strong ready-made garment (RMG) ex...
Several Southeast Asian countries have started to address the energy crisis by developing clean energy transition plans. Although they were initially regarded as slow starters in the global effort to reduce greenhouse gas emissions, they ha...
In the past decade, China has lost growth in double-digits. In comparison to previous months, the GDP went down from April to June although it barely topped in the same quarter too. In this regard, economists are of the view that factories ...
The 2017 Foreign Policy White Paper presented Australia with bilateral security cooperation, free trade, and transnational ties. It made clear that globalization has created a world with more interdependence. However, these connections were...
The war in Ukraine has raised concerns about the outlook for global financial conditions. The tightening has been most apparent in the Middle East and eastern Europe, where countries with close ties to Russia have seen their equity valuatio...
Rising commodity prices will have a negative effect on global growth. It will also increase the pressure on global inflation, as it will lead to higher prices for food and energy and on many other commodities. Although the effects of rising...
The 14th BRICS summit is to be hosted by China towards the end of June. This is the first time heads of state of Russia, China, and India are coming together since the launch of the military operation in Ukraine. The theme of this year's vi...
Vanilla Islands is a new tourist destination brand formed by six island nations of the Indian Ocean Region. Those are Seychelles, Madagascar, Réunion, Mauritius, Comoros, and Mayotte. This cooperation, which was created on August 4, 2010, i...
In the two months since the conflict in Ukraine began, Russia has taken various steps to counter the West's economic interests. While it can claim victories, the full impact of the sanctions is starting to be felt. The West imposed various ...
The outbreak of COVID-19 exposed the over-reliance of Japanese companies upon China's manufacturing capacities. In the midst of a trade war between the US and China, the latter country is facing a huge blowback from its Asian trading partne...
