The IPEF was launched on May 23, 2022 jointly by US and other countries of Indo Pacific region. It was initially composed of 14 founding member nations. Fiji was the first South Pacific Island nation to join the group. The invitation to oth...
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 ...
On the 15th of July, the first meeting was held among the heads of government of India, Israel, the United States and the United Arab Emirates (UAE), later known as as the 'West Asian Quad'. During US President Joe Biden's trip to West Asia...
In 2012, Thailand proposed an initiative for sustainable development of the Lancang-Mekong Sub-region. This initiative was welcomed by China. In 2014, Chinese Premier Li Keqiang at the 17th China-ASEAN Summit proposed the establishment of t...
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...
The World Trade Organization (WTO) approved a slew of decisions on topics ranging from fishing subsidies to the production of COVID-19 vaccines. The organization uses its consensus principle to ensure that agreements can be reached even if ...
South Korea is at a critical point in its development. Due to its technological prowess, it has become an economic powerhouse. Large-scale manufacturing and hardware combined with the country's growing number of tech companies have contribu...
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...
The Covid-19 lockdown in Shanghai has raised concerns about China's economic outlook for the rest of this year. This week's release of first-quarter gross domestic growth data will provide a clearer indication of how policymakers in Beijing...
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 ...
