A difficult outlook for global economy in 2019

A difficult outlook for global economy in 2019

NDO – Just ahead of the New Year 2019, many international experts and organisations have expressed concern about the global economic outlook next year, as a series of hurdles and challenges lay ahead. Laurence Boone, chief economist of the Organisation for Economic Cooperation and Development (OECD), has stated that the current risks are enough to set the alarm bells ringing and countries must be “well-prepared for every storm”. (Dec 11, 2018 16:25:48)

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Migration crisis in Central America, a barbed problem

  Nov 27, 2018 17:45:07
NDO – The bustling border crossing between San Diego (United States) and Tijuana (Mexico) has resumed operations, only a few hours after being closed due to tensions involving hundreds of immigrants seeking to cross into the US. However, Washington is still struggling to find a way out of the crisis of migrants arriving from Central America and cool the growing tensions in the southern border region. 

Turkey applies flexible foreign policy to ensure national interests

  Nov 24, 2018 17:32:32
NDO – Experiencing a lot of turbulence in its relations with powers, Turkey has recently been adjusting its foreign policy towards becoming more flexible. The transcontinental country in Eurasia has taken moves to strongly facilitate its ties with Russia, while easing tensions with the United States and its European allies. These foreign policy adjustments are aimed at helping Ankara strengthen its position and ensure its strategic interests in the region.  

US response to Khashoggi’s killing: "All bark and no bite"?

  Nov 22, 2018 11:46:02
NDO – Despite skepticism from the Central Intelligence Agency (CIA) regarding the involvement of Saudi Crown Prince Mohammed bin Salman in the murder of journalist Jamal Khashoggi, US President Donald Trump still announced a firm partnership with Saudi Arabia. The binding interests with the US’s strategic ally made it impossible for the White House leader to “crack down on” the king of oil, although Saudi Arabia is being faced by intense pressure from the international community.  

Israel-Hamas ceasefire reached, but disagreements remain

  Nov 19, 2018 12:48:31
NDO – Under the mediation of Egypt, Israel and Palestine’s armed groups in the Gaza Strip, including the Islamic Resistance Movement (Hamas), have reached a ceasefire agreement to end the worst escalation of violence in the region since 2014. The deal has “undermined” tensions between Israel and Hamas which risk pushing Palestine’s coastal land to the brink of war. However, Israel’s defence minister Avigdor Lieberman announcing his resignation shortly after the ceasefire has revealed disagreements within the Israeli government over the Gaza issue. 

Difficulties expected as RCEP negotiation deadline missed again

  Nov 16, 2018 12:12:52
NDO – At the recent 2nd Regional Comprehensive Economic Partnership (RCEP) Summit in Singapore, leaders of RCEP countries agreed to push back the finalisation of the deal until next year. So once again, the RCEP fails to meet the set negotiation deadline. The multiple postponements of the negotiation conclusion could possibly drive the agreement to face great difficulties. 

A diplomatic breakthrough towards resolving deep conflict in Libya

  Nov 15, 2018 12:50:56
NDO – An international conference on Libya recently concluded in Palermo, Italy with a glimmer of hopes for opening a peaceful door to the North African nation. Key Libyan political leaders have pledged to follow a United Nations-backed political process. This is considered a significant diplomatic breakthrough aimed towards resolving the deep conflicts between the rival factions in Libya. 

CPTPP opens up opportunities for cooperation and development

  Nov 14, 2018 16:44:35
NDO – After being ratified by an array of member countries, including Vietnam, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), featuring the participation of 11 economies in the Asia-Pacific region, is expected to create a new motivation for regional economic growth. 

Pause signal between US and China, a “low note” of hopes

  Nov 13, 2018 13:06:58
NDO – In the context of constantly escalating tensions in United States-China relations over recent months, the meetings between senior officials of the two sides last weekend is considered a necessary “low note” helping both countries move towards “dialogue instead of confrontation”. 

US mid-term elections: Balance resumed

  Nov 08, 2018 12:24:15
NDO – The US midterm elections 2018 has concluded with the results not beyond expectations of observers and the US public opinion, with President Donald Trump’s Republican Party retaining control of the Senate and the Democrats regaining control of the House of Representatives. The equilibrium in the US politics has been restored, but the danger of divisiveness and competition has also been resumed, as each party controls a chamber of the bicameral US Congress. 

US-Iran tensions pushed to new level

  Nov 06, 2018 13:27:15
NDO – The latest package of US sanctions, aimed mainly at Iran’s oil and financial sectors, officially took effect on November 5 as planned. Washington has stated that these are the strongest measures, while Tehran also stays ready to take measures in response and retaliation. The new move of the White House has been criticised by many parties as being wrong, pushing tensions between the US and Iran to a new level. 

A “narrow gate” seeks to maintain EU-Iran economic ties

  Nov 03, 2018 12:16:42
NDO – In the context of the United States imposing economic sanctions against Iran and planning stronger sanctions aimed at Tehran from November 4, especially in the oil sector, the European Union (EU) is seeking every possible way to “escape” the aforementioned sanctions, aiming to protect the interests of European businesses in Iran. 

A positive sign for removal of deadlocks in US-Russia relations

  Nov 02, 2018 14:05:17
NDO – Russian and United States officials are actively preparing for a summit between Russian President Vladimir Putin and his US counterpart Donald Trump, scheduled to take place in Paris, November 11. US National Security Adviser John Bolton also announced that the White House has sent an invitation to President Putin to visit Washington. 

A radical solution needed for immigration crisis in Central America

  Oct 29, 2018 15:46:12
NDO – The United States has become the promise land of a huge influx of migrants from Central America in recent days. The Washington administration has struggled to set up walls, both literally and figuratively, to stop the aforementioned caravan of migrants. However, the reality proves that this method cannot radically resolve the current migration crisis in Central America. 

An unconvincing reason for US’s INF withdrawall

  Oct 25, 2018 13:35:32
NDO – US national security advisor John Bolton has recently concluded his visit to Russia. The visit came shortly after US President Donald Trump announced Washington’s intention of withdrawing from the Intermediate-Range Nuclear Forces Treaty (INF) on allegations that Moscow violated the document. An array of countries, including US allies, have confirmed the importance of the INF to global strategic stability and the need to maintain the treaty.