Despite its promise, the project’s success may ultimately rest on market uptake. If industrial demand for hydrogen fails to keep pace with supply - or if pricing frameworks are not supportive - the pipeline could struggle.
Despite uncertain market conditions amid the Trump administration's tariff regime and major global conflicts, the International Monetary Fund has upped its global economic growth forecasts for 2025 and 2026 slightly, Statista reported on July 30.
Muslim-majority nations or those seeking to expand their influence in the Middle East will support or reaffirm recognition. Meanwhile, countries embedded in US frameworks or enjoying ties with Israel are are expected to remain cautious.
The rapid development of technologies such as generative AI and the metaverse is already changing how people in Asia Pacific live, work, socialise and shop.
Beijing may continue to tighten the screw in some sectors while signalling openness to negotiation in others - a two-pronged approach of punishment alongside the offer of resolution - or as it is oftentimes labelled in the West, carrot and stick.