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Archive for the ‘Geopolitics’ Category

Europe, Geopolitics, News

March 5, 2024

Top European Union officials unveiled plans on Tuesday to enhance collaboration within the continent’s defense industry, citing the need for increased joint procurement of weapons among member countries. The European Commission, the EU’s executive body, proposed allocating 1.5 billion euros ($1.63 billion) to incentivize collective purchases from European firms and foster the development of new […]

Geopolitics, News, Ukrain, United States

February 25, 2024

In a recent update, Ukraine’s Prime Minister unveiled the nation’s expectation to receive substantial economic assistance amounting to $11.8 billion from the United States this year. This development coincides with Kyiv’s efforts to address a notable budget deficit of $37 billion amidst ongoing challenges, spotlighting the pivotal role of Western allies in extending crucial aid. […]

Europe, Geopolitics, News

February 16, 2024

Belgian Prime Minister Alexander De Croo has put forth a proactive suggestion aimed at bolstering defense capabilities within the European Union (EU). His proposal involves the issuance of joint EU bonds to support increased military expenditure, a move that has garnered attention amid rising tensions fueled by Russia’s actions in Ukraine and uncertainties surrounding NATO’s […]

China, Geopolitics, News

January 9, 2024

In a bid to strengthen economic partnerships, Maldivian President Mohamed Muizzu is fostering ties with China, marking a notable shift away from traditional ally India. The “Invest Maldives” forum held in Fuzhou, a key city on China’s maritime Silk Road, showcased the President’s commitment to bolstering bilateral relations.   President Muizzu, who assumed office in […]

China, Geopolitics, News, United States

December 14, 2023

U.S. Treasury Secretary Janet Yellen has outlined her key priorities for managing U.S.-China relations in the coming year, which include plans for a second visit to China and efforts to accelerate collaboration on climate risks and financial markets.   In remarks prepared for a dinner hosted by the U.S.-China Business Council, Yellen emphasized that the […]

Geopolitics, News, Ukrain

December 7, 2023

In a promising development, Romania is steadily progressing toward its goal of enhancing the monthly transit capacity for Ukrainian grain through the Black Sea port of Constanta to an impressive four million metric tons, according to statements made by the country’s Transport Minister. The announcement comes in the wake of a meeting that brought together […]

China, Geopolitics, Japan, News, South Korea

November 25, 2023

In an effort to ease tensions and enhance cooperation, China, Japan, and South Korea have agreed to restart diplomatic and economic exchanges and work toward organizing a summit. Despite China’s attempts to mend relations with the United States, Beijing is concerned about the strengthening partnership between Washington and its key regional allies.   Previously, Beijing, […]

Africa, Geopolitics, News

November 24, 2023

Somalia has officially become the eighth member of the East African Community (EAC) trade bloc, a development expected to have significant implications for the region’s economy and trade opportunities. The EAC, comprising countries such as Kenya, Tanzania, Uganda, and others, has welcomed Somalia into its common market, expanding its market size to nearly 300 million […]

Geopolitics, News, United States

November 13, 2023

The United States has unveiled plans to acquire 1.2 million barrels of oil, aiming to replenish its Strategic Petroleum Reserve (SPR). The announcement was made by the Department of Energy on Monday.   According to the department, the intended purchase involves sourcing oil at an average price of $77.57 per barrel from two companies, following […]

Geopolitics, News, United States

November 2, 2023

  In a strategic move, the Biden administration has scheduled the seventh negotiating round for its Indo-Pacific Economic Framework (IPEF) arrangements in San Francisco, just days before a crucial summit of Pacific Rim leaders. The U.S. Trade Representative’s office announced these talks, which will take place from November 5th to 12th, with the objective of […]

Geopolitics, Ireland, News

October 31, 2023

In a development with potential implications for Northern Ireland’s political landscape, the International Trade Council reports that there may be an opportunity to reinstate political power-sharing in the region in the coming weeks. This optimism stems, in part, from the possibility of substantial investments in Northern Ireland, as highlighted by the U.S. Ambassador to London. […]