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Archives Economic crisis - Page 7 of 11 - New Eastern Outlook

The Climate and Food Security

Climate Change is undoubtedly the greatest existential threat facing humanity today. As wars rage around the globe and countries pursue economic and political policies that are causing ever-increasing fragmentation, scientists and climate activists find that their voices fall on deaf ears. The COVID-19 crisis exposed societies all over the world to the risks posed by large-scale shocks to the system of Global Value Chains (GVCs) that bring food from farmers thousands of miles away to our supermarkets and our tables. However, scientists argue that a climate change crisis…

Taut Bataut

The Myanmar Crisis - three years on

At no time, at least in its modern history, has Myanmar ever been a peaceful place – and for that, the British Empire is to blame. For the sake of administrative convenience, London grouped together in one nation peoples of vastly different ethnic origins, languages and cultures who previously had no idea they were living together in a single country. Following its independence in 1948, Burma was driven by continuous localized conflicts between numerous ethnic groups and the central government…

Nguyen Kien Van

Who is to blame for Mongolia’s fuel shortages?

Since the third quarter of 2023, the Mongolian public have been shaken by regular media reports of gasoline and diesel shortages in various parts of the country. Furthermore, to lend credence to these reports, a regular succession of publications have appeared stating just how many days’ worth of fuel are left in the country. This trend has become particularly evident since the Russian Federation introduced restrictions on fuel exports in 2023 to stabilize its domestic market. Mongolia receives more than 95% of all its fuel by rail from its northern neighbor, and more than 75% of all of Ulaanbaatar’s fuel imports come from Rosneft…

Boris Kushhov