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New Eastern Outlook

Economy

Israel is in danger of economic collapse

The aftermath of Hamas’s Operation Al-Aqsa Flood on 7 October has left Israeli companies devastated as settlers face an unfamiliar situation, unprecedented in the absence of government financial injections and aid for them. More than a month into the Hamas operation, the war in Gaza has had a devastating effect on Israeli business activity, with hundreds of companies on the verge of bankruptcy. Economists and financiers estimate that the initial cost of the Gaza war to Tel Aviv is $51 billion, or about 10 per cent of Israel’s GDP. Israel’s Labour Ministry reports that some 765,000 Israelis…

Viktor Mikhin

Putin's "Silver Bullet" for Africa's Energy Crunch

Africa is the fastest-growing energy market in the world. The continent is on the verge of geometric economic growth, but until recently, almost 1.5 billion people had no access to domestic electric power. Various investments, initiatives, and projects by Russia, China, and other nations now vie for top positions geostrategically and economically. At a plenary session of Russian Energy Week in October, President Vladimir Putin stressed the necessity for Russia to ensure energy security on the old continent…

Phil Butler

Mongolia's transportation projects: "Transport Week" on the upcoming "decade of transportation"

Mongolia hosted official activities held by the Mongolian government as part of the “Mongolia Transport Week 2023” in early November 2023. Participating in the “week” were the nation’s prime minister, the Speaker of the State Great Khural, the Minister and Vice Minister of Road and Transport Development, representatives of major foreign and Mongolian corporations, the Civil Aviation Authority of Mongolia…

Boris Kushhov

Japanese Prime Minister's recent tour in Southeast Asian nations

Vladimir Terehov

Once again, it’s Turan in Turkey’s projection...

Alexandr Svaranc

Russia-Mongolia in 2023: 25th Meeting of the Intergovernmental Commission

Boris Kushhov

The historic Riyadh Summit and its outcome

Viktor Mikhin

Successes in Mongolia’s air transport in 2023

Boris Kushhov

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