A positive sign in “black gold” market

A positive sign in “black gold” market

NDO – The mining output of the Organisation of Petroleum Exporting Countries (OPEC) in January fell to its lowest level in four years, after the organisation reached an agreement on the reduction of its oil production. There are hopes that the “black gold” market will recover following a long period of slipping with oil prices having dropped sharply by 36% since October 2018. A better balance between supply and demand is expected to bring more stability to the oil market. (Feb 15, 2019 11:06:27)

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Unpredictable consequences as US threatens to withdraw from INF missile treaty

  Feb 03, 2019 17:52:35
NDO – US President Donald Trump has warned of pulling the US out of the 1987 Intermediate-range Nuclear Forces treaty (INF) by deciding to activate a six-month process. The movement by the head of the White House is not too surprising, but the implications are unpredictable, as this legal document on the protection of Europe is close to the risk of collapse, leading to a new arms race. 

Economic alliance strengthens Iran and Syria’s resilience to Western pressure

  Feb 01, 2019 12:31:36
NDO – Iran and Syria have signed a series of economic agreements, a move which is considered the fruits of cooperation between Tehran and Damascus in the fight against the rebels in Syria, and an opportunity for Iran to expand its influence in the neighbouring nation. An Iran-Syria economic alliance will help increase power and create a united front against Western pressure. 

Venezuela President receive support from the public to deal with “double crisis”

  Jan 26, 2019 17:38:00
NDO – Venezuelan President Nicolas Maduro is strengthening the efforts to cope with both major internal and external challenges. The difficult economic situation has led to large-scale protests, along with the appearance of a "self-proclaimed president" backed by hostile domestic and foreign forces. Meanwhile, the military and a large number of Venezuelan people show their support to the Government of President Maduro to overcome the "double crisis". 

US-Iran mutual retaliation elevates tensions in Middle East

  Jan 20, 2019 15:22:58
NDO – A recent US report said Iran possesses the largest ballistic missile power in the Middle East, stating that “Iran’s desire to have a strategic counterbalance with the US motivates their launch of intercontinental ballistic missiles (ICBMs)”. In fact, the “threat” from Iran has been repeatedly touched upon by the US and its Western allies. In reply to this message, Iran has taken equally tough steps, leading to increasing tensions between the two sides.  

Protest wave risks putting Europe in long-term political turmoil

  Jan 15, 2019 18:33:10
NDO – The “yellow vests” demonstrations have become a “ferocious wave” rocking the politics in France and a number of European countries. In that context, stopping the protests and riots and resolving domestic disagreements and divisions are emerging as an urgent requirement at present. 

New EU sanctions against Iran elevate tensions in the Middle East

  Jan 11, 2019 12:38:41
NDO – Relations between Iran and the European Union (EU) are getting tense after the EU has imposed some sanctions on Tehran’s officials. In the context of US pressure through sanctions against Iran, such a new development threatens to hinder the EU from fulfilling its promise to ensure Tehran’s interests, while triggering concerns about increased tension in the region. 

Debate over border wall overshadows outlook of ending partial US gov’t shutdown

  Jan 10, 2019 12:40:32
NDO – President of the United States Donald Trump has stated that the border area between the US and Mexico is currently in a state of “serious humanitarian and security crisis”. This is the reason for which the White House boss continued to call on the US Congress to approve a US$5.7 billion budget to build a wall along the border and end the partial closure of the government.  

Bright colours in Syrian political picture

  Jan 09, 2019 17:00:49
NDO – The Arab League (AL) is considering the possibility of restoring Syria’s membership, after many Arab states have voiced their intention of resuming their relations and re-opening their embassies in Syria. 

New motivation from CPTPP

  Dec 31, 2018 12:29:48
NDO – After many obstacles, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially took effect on December 30. In the context of increased protectionism, the CPTPP “going into life” is a triumph of the trade liberalisation trend and also an important driver of regional and global economic growth. 

A test for US President

  Dec 27, 2018 15:45:03
NDO – The disagreement between the Republicans and Democrats regarding the budget for the construction of the barriers along the United States-Mexico border has made parts of the US Government paralysed due to the lack of budget to maintain operations. After the Democrats took control of the Senate, this is considered the first difficulty they have caused for US President Donald Trump, and also a test for the White House boss’s bravery in the remainder of his presidential tenure. 

Seeking solutions to oil price problem

  Dec 25, 2018 12:37:52
NDO – After a period of recovery, oil prices in the world market have plunged in the last weeks of 2018. The International Energy Agency (IEA) and economic analysts have mentioned the excess supply and the gloomy outlook of the global economy as the two main reasons for the plummeting prices of the “black gold”. 

Trump’s withdrawal of troops from Syria, a controversial decision

  Dec 22, 2018 12:45:19
NDO – President Donald Trump’s sudden decision to pull all US military forces out of Syria has caused mixed reactions from inside the US administration to its allies joining the coalition against the self-proclaimed Islamic State (IS). The question is what is the US reckoning through its sudden withdrawal of troops as the anti-IS war in Syria is said to be gradually coming to an end? 

Binding interests, a driver for closer EU-Africa ties

  Dec 21, 2018 18:06:35
NDO – From the fact that the mutually binding interests between the two continents are increasing, the European Union (EU) officials have repeatedly referred to a “new partnership” between the EU and Africa. The EU took advantage of the great opportunity at the recent High-level Forum Africa-Europe in Vienne, Austria, to show its goodwill and realise its commitments in the roadmap of “returning to the Black Continent”. 

Vietnam’s UNCITRAL membership: Elevating national position

  Dec 19, 2018 12:29:09
NDO – Vietnam has been elected to the United Nations Commission on International Trade Law (UNCITRAL) for the 2019-2025 tenure at an election during the 73rd session of the UN General Assembly in New York, the US, on December 18 (Hanoi time).