Day: June 17, 2025

As the Iran-Israel conflict enters its third day, the world finds itself not only at the edge of a military escalation but also on the cusp of a potentially devastating economic crisis. In an interconnected global economy, war between two regional powers—especially ones with deep ties to critical energy corridors—can ignite consequences far beyond the battlefield. This time, the fuse may be the Strait of Hormuz.

The Asian Development Bank (ADB) plans to provide $650,000 in technical assistance to support institutional reforms at the Central Asia Regional Economic Cooperation (CAREC) Institute, Azernews reports, citing the ADB.
This regional project covers 10 countries, including…

Indonesia’s coal industry is facing mounting pressure as China and India, its biggest customers, cut back on imports of the heavily polluting fossil fuel.

Japan warns of ‘aggressor nation’ Russia, threats to Taiwan in new whitepaperThe Japanese government says the existing international order is exposed to serious challenges, especially in the Indo-Pacific region as strategic competition among nations becomes more apparent against the backdrop of changes to the balance of power.By Mike Yeo3 years ago