NDO – The escalating trade war, US-Iran tensions showing no signs of cooling down, and the constantly existing risk of financial uncertainty are the three major challenges to economies around the world at the moment. 

NDO - Reinstalling the Pakistan-US alliance relations, abolishing any suspicion and promoting essential cooperation is the main objective of Pakistani Prime Minister I. Khan's first visit to the US from July 21. With binding interests and the need for mutual support, both Islamabad and Washington have a reason to “renew” their cooperation projects that have come across many difficulties in recent years.  

NDO - After reconciliation efforts, the United Nations (UN) announced that Yemen's warring parties have agreed to new measures to enforce a ceasefire and facilitate a troop pullback from the flashpoint port of Hodeidah. This is a step on a long road to open the door for negotiation. 

NDO – Turkey officially received shipments of parts in its contract to buy Russia’s S-400 air defence system, regardless of strong opposition from the United States and allies, an unprecedented move by a NATO member nation. 

NDO - The US Federal Reserve (the Fed) has warned that economic instability with the US and the world has increased in recent months. Accordingly, the Fed will act in an appropriate manner to maintain the growth of the economy. Meanwhile, according to some analysts, central banks of the US and China may soon cut interest rates, which might lead to a “race” to lower interest rates of central banks. 

NDO - Although leaders of the US and Turkey have promoted diplomatic efforts to reduce tensions in the relations between the two allies, the two sides still insist on their own interests. The US refusal to deliver F-35 fighter jets to Turkey due to the fact that Ankara continued to acquire the Russian S-400 missile defence system has deeply damaged the US-Turkish relations. 

NDO – After many differences, member states of the “European common roof” have eventually selected suitable faces for the “leadership framework” of the European Union (EU) for the next term. However, huge challenges are awaiting the new board of EU leaders in order to stabilise the situation and tighten intra-bloc solidarity. 

NDO - The transatlantic relationship between the US and the European Union (EU) is facing many challenges in the context of increasing trade disagreement. Meanwhile, the two sides also have many disagreements regarding Iran’s nuclear issue. 

NDO – National security advisers of the United States, Russia and Israel recently convened for a meeting in Jerusalem to discuss regional issues, with a focus on the situations in Iran and Syria. During the first-ever tripartite security conference, Russia, the US and Israel, whose security interests are closely associated with outstanding issues in the Middle East, could make proposals aimed at reducing tensions and removing the “detonator” for regional crises. 

NDO - Leaders of the Group of Twenty (G20) big economies, together with important guests and international organisations, arrived in Osaka, Japan, for a summit on June 28. The summit is expected to contribute to affirming the importance of free and fair trade, as well as the promotion of the World Trade Organisation (WTO) reform process. 

NDO - The administration of the US President Donald Trump has officially kicked off the economic part of the new Middle East peace plan with a hope to attract the participation and contributions from Arab countries and allies. The political part of the plan is still a mystery. However, the Palestinians strongly opposed this ambitious plan, insisting on the two-state solution, the core issue in the Middle East peace process.