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Economy & Business

UN General Assembly 2023: More progress urgently needed on Sustainable Development Goals

The 78th United Nations General Assembly (UNGA) kicked off in New York as planned on September 18, with global attention focused on the so-called...

Central Asia’s leaders get into specifics on trade-boosting initiatives

In the collective daydreams of Central Asian presidents, there is no end to the possibilities for regional integration.The ideas came thick and fast at...

European aviation industry embraces new jet fuel regulation

The European Parliament on September 13 approved a new law to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in...

US Special Representative for Ukraine’s Economic Recovery announced

President Joe Biden announced on September 14 the appointment of Penny Pritzker as the US Special Representative for Ukraine’s Economic Recovery.In this role, she...

Nairobi Declaration calls for global tax on fossil fuel trade, maritime transport, aviation

As the curtains came down at the Africa Climate Summit (ACS23), heads of state and government adopted the Nairobi Declaration, calling on world leaders...

US-ASEAN establish a research center in Washington, D.C.

Vice President Kamala Harris, who was in Jakarta for a US-ASEAN Summit on September 6, announced Washington’s decision to establish a joint center with...

Uzbekistan’s remarkable resurgence is a tale of growth, reform, potential

In an era characterized by global turbulence and uncertainty, there are few stories as compelling as that of Uzbekistan. A country that has weathered...

Mongolia to expand its economic and trade partnerships

Mongolia, the landlocked mineral-rich country bordered by Russia and China - the world's two preeminent authoritarian-run nations, is looking to expand its economic, trade,...

Can Central Asia escape China’s debt trap?

While Washington focuses on the war in Ukraine, Russia and China seek to expand their influence in regions where the US is not sufficiently...

Possible new solutions to Ukraine’s grain export challenge emerge

In view of the collapse of the UN’s Black Sea Grain Initiative in July at Russia’s insistence, work is proceeding in multiple sectors to...

A vision for Mariupol’s reconstruction

Mariupol Reborn is the largest urban revival project in Europe since the Second World War. The project is being run by a team consisting...

US-UK Strategic Sanctions Dialogue inaugurated

Building on the unique economic and security partnership between the two nations, the US Department of State hosted a senior UK government delegation for...

The struggle for environmental justice in Africa

The struggle for environmental justice in Africa is complex and broad. It is the continuation of the fight for the liberation of the continent...

Back to Business: Greek conservatives rout socialist opposition parties in second round elections

Delivering an undeniable demonstration of Greece’s current focus on stability and the need to generate continued economic growth, the June 25 election produced the...

Reimagining policy on the future of work

In 1986, the American pop group The Bangles had a hit with “Manic Monday”, where singer Susanna Hoffs laments the start of another working...

Strange goings on in Northern Greece seem to worry Ankara

Government-linked Turkish media have indicated concern about a series of visits and events in Greece’s Evros prefecture -- the Greek-Turkish border region -- which...

Climate change in Africa real economic, security threat

Climate change, which appears to be advancing around the world, affecting not just physical infrastructure but economies and livelihoods, is also an increasing security...

Countering online extremism online: Can New Zealand’s Ardern make the Christchurch Call live up to its potential?

On May 15, 2019, two months after the horrendous Christchurch massacre, policymakers led by New Zealand Prime Minister Jacinda Ardern and French President Emmanuel...

US’ Trade Rep releases 2023 special intellectual property & protection report

On April 26, the Office of the United States Trade Representative released its 2023 Special 301 Report on the adequacy and effectiveness of the...

New programs and recently approved projects from the US’ Development Finance Corporation

The DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today.

Silicon Valley Bank financial contagion contained – for now

The world’s top policymakers and international financial leaders acted effectively in the days following the collapse of California’s Silicon Valley Bank. They appear to have dealt positively with the risk of wider global financial contagion.

Africa’s porous borders promote transnational crimes rather than deeper integration

For positive continental regimes to succeed, there must be both conscious and concerted efforts, as well as political will, from all states to help eliminate transnational crimes while fostering integration across the whole of Africa through trade.

A plea to strengthen the Single Market

Unprecedented geopolitical disturbances call for a more united European Union, not for more trade barriers that would ultimately harm the EU's economy and its citizens.

Sanctions, sanctions everywhere

On February 24, 2023, the US Government alongside G-7 leaders announced via a White House statement a new set of trade and economic measures...

Russia’s war in Ukraine and high fertilizer costs are causing global food crisis

Russia’s war in Ukraine and high gas prices have boosted the cost of fertilizers having a major downstream effect on the global food supply,...

Free Trade: The magic potion against economic decline

Despite rising internal and external nationalistic pressure, leaders on both sides of the Atlantic should remember that in a time of increasing hostilities from bad actors, retaliatory protectionism toward our allies will do nothing but ensure mutual decline.

A Belarusian politician, fraudster and businessman kept money in Credit Suisse

It was the last summer day of 2008. An Audi was waiting in line to leave Belarus for Poland. Petr Kalugin, a House of Representatives deputy,...

Goodbye, Jumbo

The 747 aircraft design has had a total production run of 54 years, with 1,574 aircraft delivered including the US President’s Air Force One, along with several replacements, making it the aviation industry’s most important workhorse of the 1980s-90s.

Bulgaria again heads towards elections

Bulgaria is now moving towards its fifth parliamentary election in two years as a result of the failure of the latest group of elected...

Croatia advances to the EU mainstream

 Croatia took a decisive step January 1 towards the mainstream of the European project by adopting the Euro as its currency while at the...

Chinese operatives accused of supporting Huawei in the US

Chinese spies were conducting foreign intelligence operations to impede an ongoing investigation involving the technology and communications firm Huawei.

Miami morphs into a global business hub, can it last?

Due to Florida’s less stringent COVID restrictions, a political strategy driven by the state’s Republican governor, Florida became a vastly more attractive location for individuals able to work remotely.

Time to listen to the voice of freelancers

It is of utmost importance that politicians do not create a legislative framework which forces all workers into an outdated 9 to 5 model.

Major Japanese auto companies giving up on Russia

Toyota and Nissan, two major Japanese automakers with substantial manufacturing capacity, pulled out of Russia after both claimed that carrying out any future business...

The global energy crisis is negatively impacting Italy’s wine industry

Rising costs of almost €1.5 billion are facing the Italian wine industry as a result of the ongoing gas and energy crisis and now...

Europe’s agricultural sector is crying out for support amid energy and food crises

Europe’s energy crisis – which has been sparked mainly by Russia's invasion of Ukraine and President Putin’s subsequent curtailing of natural gas flows to...

Growing agricultural productivity in Brazil: Efficiency, innovation and sustainability

50 years ago, my country relied on food imports to feed itself. Today we feed 10% of the world’s population. Let me tell you about...

Food for thought

It is late, but at long last, the world is waking up.“Conflict in Ukraine fuels uncertainty for agriculture”“Ukraine War to compound hunger,...

As war in Ukraine disrupts the global food system, how do we feed the world?

Even before Russia invaded Ukraine, the world’s food supply chains had been severely disrupted by the Covid pandemic. Now the war has derailed Ukraine’s agricultural...

Kazakhstan, Azerbaijan, Turkey focus on Trans-Caspian International Transport Route

Strengthening regional connectivity, Kazakhstan, Azerbaijan and Turkey focused on the development of the Trans-Caspian International Transport Route, which is of crucial importance for increasing...

Aktau becomes Kazakhstan’s first port to receives Green Certification from OSCE

Aktau Commercial Sea Port has become the first port in Kazakhstan to receive the Ports Environmental Assessment System (SEEP) certification and EcoPort status from...

EU interested in developing transport and transit cooperation with Kazakhstan

An international forum in Brussels highlighted the role of strengthening of trade and supply chains between Europe and Asia through the expansion and integration...

EU-Kazakhstan to discuss transit strategy and Middle Corridor development

The first major discussion in Brussels on Kazakhstan’s transit strategy and the development of the Middle Corridor will take place in Brussels, Belgium on...

Commission to launch proposal for revision of tobacco excise directive by Oct. ’22

The European Commission announced that the proposal for the revised tobacco excise directive will be made public at the beginning of 2022's fourth quarter...

How China took over the WTO behind the West’s back

Last year marked the 20th anniversary of China’s entry into the World Trade Organization, a result that followed 15 arduous years of negotiations. Many...

Moscow drains dwindling reserves to avert default

With most of its foreign currency reserves held abroad frozen by Western sanctions and inaccessible, Moscow was forced to tap its precious domestically held...

The Pandora Papers: Exposing Iran’s clandestine financial system

As the international community continues to coordinate a response to the recent Russian invasion of Ukraine, longstanding debates surrounding sanction efficacy and compliance have...

Sanctions expand as Russia approaches major default

No American President ever travels to Europe without a bag full of so-called “deliverables” and US President Joe Biden duly arrived in Brussels last...

Pressed by sanctions, Russia narrowly escapes default

While the global sanctions campaign against Russia is not yet a month old, investors and sanctioneers held their breath this week as Russia struggled...

Russia sanctions – Now comes the hard part

As Russia’s invasion of Ukraine moves into the third week, a broad network of financial, travel and trade sanctions has been established in fairly...

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