Consensus for common development

Consensus for common development

NDO – Under the theme of “Global Stability, Shared Security and Innovative Growth”, the 12th BRICS Summit was recently held virtually, during which, leaders from the world's leading emerging economies sought to gain consensus and strengthen intra-regional cooperation to promote trade and respond to common challenges, in the context of the negative impacts caused by the COVID-19 pandemic. (Nov 19, 2020 17:13:28)

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Healing divisions and uniting people, a priority for new US leader

  Nov 09, 2020 15:15:51
NDO – Democratic candidate Joe Biden has finished first in the nail-biting race to the White House. Although there still remain conflict, even legal arguments regarding the ballots, Biden has declared himself ready to take the helm and guide the US through the storm, in accordance with his election commitment of “Build Back Better”. 

Encouraging progress in Libyan situation

  Nov 08, 2020 13:16:43
NDO – The situation in Libya has seen encouraging progress as rival factions are set to participate in their first face-to-face talks inside the country. 

An uncertain outlook

  Nov 06, 2020 16:31:18
NDO – The world economy has witnessed its first positive signs, but confidence in a V-shaped recovery has declined alongside a slow recovery in many economies. The US and European Union (EU) have both experienced a period of economic recovery not exactly as expected and countries are still struggling with the design of bailout packages, considered “painkillers” for economies devastated by the pandemic.  

US general elections: Choosing the colour to win

  Nov 03, 2020 10:20:38
NDO – Whether the victory will be for red (Republican Party) or blue (Democratic Party) will be decided by US voters in the country’s general election, officially taking place on November 3. 

Green transition

  Nov 01, 2020 13:36:40
NDO – Climate change has been posing a serious threat to global economic growth, causing unpredictable consequences. The “cries for help” from the Arctic where a record amount of ice has melted, and the increasing severe weather phenomena causing wildfires and terrible floods are urging humanity to take urgent action to cope with climate change. 

An "emergency medicine"

  Oct 27, 2020 16:09:14
NDO – President of the European Central Bank (ECB) Christine Lagarde has emphasised the need for Europe to promptly implement its EUR750 billion recovery fund in the context of regional economies facing numerous difficulties due to the COVID-19 pandemic. 

A difficult problem

  Oct 21, 2020 17:34:09
NDO – The Organisation of Petroleum Exporting Countries (OPEC) and its partners (known as OPEC+) have pledged to act to support the “black gold” market amid growing concerns about the second wave of the COVID-19 pandemic along with a plan to increase production next year, a move which will put pressure on oil prices. Efforts in balancing supply and demand to stabilise the oil market and support the economy are the current priorities of the oil giants. 

Preventing global economic downturn

  Oct 15, 2020 17:30:52
NDO – The shock of the COVID-19 pandemic has had a strong impact on the growth of the world economy. In many areas, although the reality is not as severe as originally warned, the slow recovery has forced countries to work harder in their efforts to overcome the current crisis. 

No room for climate delay

  Oct 13, 2020 12:18:15
NDO – Last month the world witnessed the hottest September in history as the global average temperature was 0.05 degrees Celsius warmer than the previous record, which was set last September. 

Strategic vision

  Oct 08, 2020 17:05:14
NDO – Japan recently hosted a foreign minister-level meeting of the “Diamond Quartet”, comprising four countries that share a common goal of a free and open Indo-Pacific region. 

Japan’s economy hopes for brighter future with new PM at the helm

  Oct 05, 2020 17:11:24
NDO – Although Japan’s economic outlook is still in a “twilight” state, most Japanese politicians and economists still believe in a bright future for the country's economy under the leadership of new Prime Minister Suga Yoshihide. 

New challenges for the EU

  Oct 05, 2020 11:37:12
NDO – Countries in the “Old Continent” are now strengthening the implementation of the dual task of fighting the COVID-19 pandemic and reviving the economy to improve the entire bloc’s position in the context of increasing risks for new avian influenza outbreaks across Europe. 

Fragile hopes of a “happy ending” in EU-UK Brexit talks

  Oct 01, 2020 15:58:10
NDO – The European Union (EU) and the United Kingdom (UK) are conducting a four-day round of negotiations to discuss their new agreement on post-Brexit trade ties; however, hopes of agreement between the two sides are very fragile as neither side wants to give in. 

Opportunity to heal rift between Japan and RoK

  Sep 28, 2020 09:13:41
NDO – An opportunity to heal the rift in the relationship between the two neighbouring countries has opened after the recent phone call between Japanese Prime Minister Yoshihide Suga and President of the Republic of Korea (RoK) Moon Jae-In.