Asia

Pakistan’s economy has experienced a severe downturn in the past year due to a combination of factors. Bad governance, IMF loans, the political instability, the trade imbalance, the devastating floods of 2022 in Pakistan, and the Russia-Ukraine crisis are some of the pivotal factors that have worsened inflation and unemployment in the country. Many industries have scaled down or terminated operations in the country, causing widespread unemployment. Inflation is projected to reach 33% by the end of the current fiscal year. Currently Pakistan imports far more…

For Washington, what it needs for its China policy to work is a unified stance, both domestically and internationally. For the past few years, Washington has been trying to achieve this very objective, but it continues to prove more and more difficult than it might have initially believed. In Europe, there is a clear sense that the continent’s interests will not be best served if it pisses China off. This thinking has led many in Europe to say “no” to the US policy of “decoupling” from China. But what about the US itself?…

Mongolian Prime Minister Luvsannamsrain Oyun- Erdene visited the United States on the invitation of US Vice President Kamala Harris from August 2–6, 2023. The Mongolian Prime Minister met with numerous members of the American political establishment during his tour, in addition to the leaders of numerous significant businesses and technology giants. In particular, aside from the Vice President of the United States Oyun-Erdene met with the Secretary of State, the Secretary of Commerce, the Secretary of Transportation, the Secretary of Defense, NASA leadership, and officials from firms…