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Politics will drive growth in trade de-dollarisation

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INTERNATIONAL

A move away from the US dollar is gaining momentum, driven by the West’s use of economic sanctions, high levels of sovereign debt and a desire to de-link monetary policy from the…

Turkey-Europe economic and business ties will weaken

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TURKEY

That represented a 1.9-percentage-point (pp) rise in import share and a 0.4-pp fall in export share. Turkey's economic and commercial ties with Europe (EU and non-EU) are strong…

Russia eyes further expansion of agriculture

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RUSSIA

The decree targeted a rise in the value of agricultural production of at least 25% above the output of RUB7.6tn (USD86bn at current exchange rates) recorded in 2021. Putin also…

Asian summits highlight contrasting trajectories

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ASIA

Indonesia hosted the 43rd ASEAN summit and related events, including the 18th East Asia Summit (EAS). India held its first-ever G20 summit. ASEAN’s chairmanship now passes to…

Saudi Arabia’s space sector will boost global image

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SAUDI ARABIA

The Saudi space programme has helped build ties with China and Russia, while maintaining projects with US private-sector companies. The programme is another element in the…

Mideast countries will still value BRICS membership

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MIDDLE EAST

This is the first time since 2010 that new members have been invited to join the group, signalling growing confidence among ‘middle powers’ and their intent to establish…

Middle East states will benefit from SCO ties

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MIDDLE EAST

In the past 12 months, Bahrain, Egypt, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates (UAE) have become dialogue partners of the SCO, while Iran has become a full member.

Emirati foreign policy will draw strong criticism

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UNITED ARAB EMIRATES

The conflict has created tensions between the UAE’s leaders and Arab public opinion. Over the longer term, the country’s assertive foreign policy has also drawn criticism from its…