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ASEAN-Australia relations will grow

Location:

ASEAN/AUSTRALIA

Besides a leaders’ plenary and retreat, there were events linked to four thematic tracks: business; climate and clean energy; maritime cooperation; and emerging leaders…

Japan will raise defence spending and cut deficits

Location:

JAPAN

The budget is likely to be enacted by the end of the current fiscal year in March 2024. Rapidly increasing military spending reflects drastic changes in Tokyo’s defence policy. On…

Sanctions will increase risks for Russian economy

Location:

RUSSIA

However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…

New Thai administration will prioritise economy

Location:

THAILAND

The new prime minister, Srettha Thavisin of the Pheu Thai Party, has taken the additional role of finance minister, promising to implement key campaign promises regarding the…

Mali’s UN force is in danger of collapse

Location:

MALI

The UN Multidimensional Integrated Stabilization Mission in Mali (MINUSMA) is in danger of collapse. Various contributing countries are announcing withdrawals, including Western…

Moscow can afford the war in Ukraine

Location:

RUSSIA

Hopes that sanctions and a sclerotic economy will hinder Russia’s war effort are likely to prove misplaced. Careful management of the budget and healthy oil revenues mean that the…

Ukraine crisis will bring heavy costs for Europe

Location:

EU

The sanctions amount to a middle-of-the-road approach: leaders agreed to keep Russia in the SWIFT payment system and avoid targeting Russian energy exports. They will not cause…

Diplomatic balancing act gets harder for Philippines

Location:

PHILIPPINES

This reflects the basic principles of foreign policy under President Ferdinand ‘Bongbong’ Marcos, who visited Beijing on January 3-5, Tokyo on February 8-12 and Washington on…

Parallel imports continue to support Russia’s economy

Location:

RUSSIA

Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…

Militarisation will cause rising distortions in Russia

Location:

RUSSIA

Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…