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 ...
After the withdrawal of the United States from the Iran nuclear deal or the Joint Comprehensive Plan of Action (JCPOA), fresh indirect negotiations are taking place between the US and Iran with the mediation of the European Union. President...
In September 2021, China applied to join the Trans-Pacific Partnership, a free trade agreement among 11 countries. It was the country's first attempt to join a major trade pact since the US exited the project four years earlier. Although Ch...
During a speech at the US-Arab summit in Jeddah, Crown Prince Mohammed bin Salman stated that Saudi Arabia will not have any more ability to boost its oil output beyond 13 million barrels per day. Saudi Arabia now has an oil production capa...
The rising debt levels in South Asian countries are concerning and can trigger a debt crisis in the region. The countries Sri Lanka, Pakistan, Afghanistan and Myanmar are facing sovereign debt crises. Sri Lanka is a country that had faced d...
Many South Asian countries are currently experiencing an economic crisis. The economies of Sri Lanka, Pakistan, Bangladesh, and Nepal have been facing severe trouble. The number of South Asian economies in turmoil only increases if we inclu...
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...
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...
With the increasing rift and race between the political parties in pursuit of winning the elections, the rationale behind promising freebies is taking a big toll on the Indian economy. Freebie culture is not new to the Indian society but th...
With the aim to promote peace, security, development and cooperation, BRIC was coined in 2001 by Roopa Purushotaman who was a Research Assistant in Jim O’ Neill’s publication (Building Better Global Economic BRICs) for Goldman Sachs. It was...
The ranked top country for tourism in 2019 by Lonely Planets, Sri Lanka is no less than a delight and a must-have country on your travel list with its vast meadows, its timeless temples, its rich and accessible wildlife, its growing surf sc...
