In global competition, states progress through various stages. Upon analysis of the global landscape, it is evident that the realm of competitive states is predominantly composed of G-20 nations. However, there are countries with limited capacities in both production and consumption, as well as those excluded from the competition due to their small scale. Additionally, …
The attacks on commercial ships in the Red Sea by Yemen’s Iran-backed Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies, a shift that’s delaying shipments and raising transport costs. The impact struck home Friday when electric car maker Tesla said it had …
The World Bank warned on Tuesday that global growth in 2024 is set to slow for a third year in a row, prolonging poverty and debilitating debt levels in many developing countries. Hamstrung by the COVID-19 pandemic, then the war in Ukraine and ensuing spikes in inflation and interest rates around the world, the first …
As you are aware, the G-7 countries, with a notable emphasis on the United States, have been employing a sanction mechanism. The intensity of these sanctions has significantly escalated since the 2000s, targeting countries perceived to have substantial disagreements in international economics and politics or whose stance contradicts the post-World War II international order. These …
Mumbai: India has emerged as one of the winners in global manufacturing over the past five years, with its exports to the US surging by $23 billion, a 44% increase from 2018 to 2022, while China experienced a 10% decline in exports to the US during this period, according to a BCG study on global …