Global growth is expected to slow down due to the rise of inflation, disruptions caused by the Russia invasion of Ukraine, and reduced investment (World bank report). Unfavorable economic conditions are expected to cause the global economy ...
G7 countries finally set the highly anticipated price restriction on Russian oil at $60 per barrel on December 3, 2022. This price ceiling applies to crude oil, petroleum oils, and oils derived from bituminous materials produced in or expor...
Oil, which accounts for approximately 3% of global GDP, is regarded as one of the most important commodities in the world, as it powers everything from everyday items such as crayons, credit cards, paints, and pens to high-end items such as...
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...
Disruptive changes in the organisation of our society and enterprises are required for sustainable development. The circular economy (CE) concept provides a new opportunity for innovation and integration among natural ecosystems, companies,...
On August 18, 2022, Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal left for Iran on a four-day visit. He evaluated the first phase of the Chabahar port's development, connected with the top officials from Central Asian ...
The Financial Action Task Force (FATF) has added Myanmar to its category of “high-risk jurisdictions subject to a call for action” popularly referred to as the “Blacklist”. The statement from FATF stated that Myanmar continuously showed a l...
The U.S. and China have been at odds over security and technology. The recent announcement of several targeted updates to its export controls by the US Department of Commerce has increased tensions even more.
Digital economy is known as all economic activities based on digital platform and digital economic development is the use of digital technologies and data to create new business models. Digital economy has been playing a vital role in econo...
The Nord Stream 1 pipeline, which carries gas from Russia to Europe, has been shut down after multiple leaks were discovered. This pipeline carries natural gas from Russia to the European Union. It supplies about 35% of the gas that the EU ...
The depletion of the country's foreign exchange reserves will increase external sector vulnerabilities. The euphoria that was generated by the large increase in these reserves over the past few years has started to fade. The factors that co...
China's economy is slowing down, with its annual growth rate falling to 0.4% in the April-June period, its lowest since 1992. The country's recovery is being hindered by the combination of COVID and the falling property market. Since the ou...
