Bank warns higher energy costs are reigniting inflation, weakening industrial competitiveness and straining already fragile public finances
Kremlin official talks of “attempt to push Russia out and create a Western-controlled infrastructure in the immediate vicinity of our borders".
Vladimir Putin arrived in Beijing on May 20 hoping that the Iran war's disruption to global energy markets would finally give him the leverage to close one of the most consequential energy deals of his presidency. He left empty handed.
Mysteriously, the project to build the transit route’s most critical piece of infrastructure, Anaklia deep sea port in Georgia, remains stalled.
Andrei Belousov tells SCO meeting Moscow is “closely monitoring” moves made by “non-regional states”.
Demographers warned for decades that ageing, declining states grow more dangerous, not less. The wars now spreading from Eastern Europe to the Gulf to East Asia look increasingly like the opening engagements of a long contest over who outlasts whom.
Fertility rates — which measure the average number of children per woman — have been falling worldwide. Since 1950, global fertility rates have halved, from almost 5 children per woman to 2.2, Our World in Data (OWID) reports.
Presidents tell Regional Ecological Summit in Astana the global shift to a low-carbon economy risks deepening inequality unless it is managed fairly with stronger support for developing countries.
Parliament became paralysed by factional disputes. Analyst says a new prime minister “will make little difference; none of the current fight is about policies”.
Development bank says economic fallout is already spreading, through higher energy and fertiliser costs, damage to tourism and higher debt-servicing costs.