World ‘dangerously dependent’ on US stock market, former IMF economist Gita Gopinath warns
The world has become “dangerously dependent” on the American stock market, and a correction could trigger global economic fallout far worse than the dotcom crash, former IMF chief economist Gita Gopinath has warned. In an opinion piece published in The Economist, Gopinath argues that both US and international investors have become deeply exposed to American […]
Read MoreMadagascar president dissolves parliament ahead of ouster vote
ANTANANARIVO: Madagascar’s President Andry Rajoelina on Tuesday dissolved the national assembly, pre-empting an opposition-led vote to force him out of office over the island nation’s spiraling political crisis. Rajoelina has faced over two weeks of deadly street clashes, led largely by young demonstrators furious with the ruling elite, forcing the 51-year-old leader into hiding. The […]
Read MoreCentral Asia and Regional Integration: Logistics, Water, Energy
By Timur Serikuly Central Asia is undergoing a profound transformation, where questions of domestic development and the region’s ability to act in a coordinated way are coming to the forefront. For many years, Central Asian states were viewed as fragmented, each pursuing separate strategies that often put them in competition. Today, however, shared challenges and growing […]
Read MoreMadagascar president fires government after Gen Z protests
Madagascar’s President Andry Rajoelina dissolved his government on Monday following days of deadly unrest which the United Nations says left at least 22 people dead. “I have decided to terminate the functions of the Prime Minister and the government,” Rajoelina said in a televised national address. He said that Prime Minister Christian Ntsay and other […]
Read MoreUS cancels India trade talks scheduled for August: NDTV Profit
A planned visit by US trade negotiators to New Delhi from August 25-29 has been canceled, delaying talks on a proposed bilateral trade agreement, Indian business and financial news network NDTV Profit reported on Saturday, citing people familiar with the matter. The current round of negotiations for the proposed bilateral trade agreement is now likely […]
Read MoreZelenskiy in Berlin for online meeting with Trump, European leaders
Ukrainian President Volodymyr Zelenskiy visited Berlin today (13 August) for a German-hosted virtual meeting with Donald Trump and European leaders, two days before the US president meets Russian President Vladimir Putin in Alaska. Europe’s leaders are trying to drive home the perils of selling out Kyiv’s interests at the first US-Russia summit since 2021. Trump […]
Read MoreNew Zealand prime minister says Israel’s Netanyahu has ‘lost the plot’
New Zealand’s Prime Minister Christopher Luxon said on Wednesday that Israel’s leader Benjamin Netanyahu had “lost the plot” as the country weighs up whether to recognize a Palestinian state. Luxon told reporters that the lack of humanitarian assistance, the forceful displacement of people and the annexation of Gaza were utterly appalling and that Netanyahu had […]
Read MoreTrump’s tariffs are driving Asia’s ultra-rich investors away from US stocks and Treasuries
Some of Asia’s richest families are cutting exposure to US assets, saying President Donald Trump’s tariffs have made the world’s largest economy much less predictable. One family office managing assets for Chinese billionaires exited its US holdings entirely and will shift the proceeds to Asia. A senior executive at one of Europe’s largest private banks […]
Read MoreSri Lanka agrees with China’s Sinopec to fast-track $3.7 billion refinery
Sri Lanka’s foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state energy giant Sinopec to fast-track a proposed $3.7 billion oil refinery in its southern port city of Hambantota. Sinopec and Sri Lanka will jointly decide the share of refined fuel that will be exported from […]
Read MoreKazi Fahad Elected as National President and Arefeen Raafi Ahmed as Deputy National President of JCI Bangladesh
By Masum Billah Dhaka, December 6, 2024 – Junior Chamber International (JCI) Bangladesh has successfully concluded its National General Assembly at Le Meridien Hotel, Dhaka, marking a key moment in the organization’s leadership transition for 2025. The assembly, attended by Local Presidents and members of the National Governing Board, finalized the new Executive Board, with […]
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