Sri Lanka
Russian pivot to the Global South includes unscrupulous army recruiting practices
After launching its February 2022 invasion of Ukraine and being sanctioned by the West, Russia has doubled down on its overtures to countries of the Global South.
Iran eyes overseas power plant development
Iran plans to expand its power plant development projects overseas, including renewable energy generation.
Disaster season: heat waves sweep the world – in charts and maps
In the last week temperatures have soared, breaking monthly records in nearly half the countries on the planet. In much of Europe temperatures have reached those of mid-summer in the first week of April.
COMMENT: Asian central banks likely to start cutting rates soon
Central banks across emerging Asia are poised to implement interest rate cuts in the coming months, driven by declining inflation and tepid domestic demand.
COMMENT: Falling EM inflation enters a second phase, but rate cuts will progress slowly in 2024
Inflation rates are coming down across the Emerging Markets and are now entering a second phase, Capital Economics said in a note on November 28. Central Banks are getting ready to cut interest rates but rate cuts will come slowly.