BRICS has evolved from an emerging economies club into a coalition Trump sees as threatening enough to warrant tariffs. Experts reveal tensions between China's dominance and multipolar goals, with institutional gaps but growing Global South support.
President Donald Trump’s evolving trade policy is set to sharply increase the United States’ effective tariff rate (ETR), with Fitch Ratings warning of substantial rises as new duties take effect on August 1.
The world is living through turbulent times, but investors are still chasing returns which has affected the flows of international foreign direct investment.
Founded on August 8 1967, in Bangkok, ASEAN has long prided itself on unity in diversity, guided by the principles of non-interference and consensus-based decision-making.
Timor-Leste’s road to ASEAN has been a protracted one. After over a decade of evaluations and delays, including a pandemic, ASEAN granted “in-principle” approval in 2022. The final decision was confirmed during the 46th ASEAN Summiit.