World News

Global South Prospects

The experts of Valdai discussion Club shared their views on the prospects for creating integration platforms in the Global South. The world economy is experiencing a new round of disintegration, and experts are sure that platforms which become aggregation tools for corporations countries and regions are gaining new meaning. Recently, the countries of the Global…
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Global Economy: Balancing in the Storm

A perfect storm – this is how, according to WEF experts, the current geo–economic situation in the world can be characterized. Instead of recovering from the COVID-19 pandemic, the world economy is facing new shocks that could lead to a decline in economic growth, accelerated inflation, energy and food crises. The prospects of the world…
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WEF Experts on the Future of Globalization

The year 2022 will probably go down in history as a turning point. Against the background of the ongoing pandemic, there are significant geopolitical transformations, bringing volatility and uncertainty about the future. The Davos Forum experts shared their ideas about the prospects of globalization. These new crises are a kind of stress tests for states…
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SIPRI: The World Enters a New Era of Risk

Stockholm International Peace Research Institute has published a report on risks for global security and environment. The authors state that the much severe risks are hiding behind the headlines of the conflict in Europe and the aftershocks of the Covid-19 pandemic.  The deepening twin crises in security and the environment become a trend of the…
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Finland Terminates the Contract with Rosatom

Rosatom has expressed its "sincere disappointment" related to the decision of the Finnish party to terminate the contract for the construction of the Hanhikivi-1 NPP by Fennovoima Oy. The contract for the construction of the NPP was signed by Rosatom's subsidiary ROOTS Project Oy and Finnish Fennovoima in 2013.  On May 2, 2022, Fennovoima announced…
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China’s strategic caution

Russia and China are positioned as strategic partners at the highest level. In the face of sanctions pressure and the severance of economic ties with Western partners, many people in Russia count on China's unconditional support. Meanwhile, China's attitude to the current affairs is much less unambiguous than it seems at first glance. Chinese policy…
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World military expenditure reaches it peak

SIPRI reports that total global military expenditure reached $2113 billion in 2021, increasing by 0.7%. The five largest spenders were the United States, China, India, the United Kingdom and Russia, together accounting for 62% of expenditure.    Military expenditure reaches record level in the second year of the pandemic. This was the seventh consecutive year…
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The US Bans Anti-satellite Missile Tests

The US administration states that it is banning anti-satellite missile testing by the United States. Such step, according to the US officials say, is meant to express their hopes of establishing new norms for military action in space.   The U.S. has sharply criticized Russia and China for conducting anti-satellite missile tests, although it also…
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INDO DEFENCE 2022 EXPO & FORUM

International defence industry exhibition, Indo Defence 2022 Expo & Forum will be held on 2 - 5 November 2022, at JIExpo Kemayoran, Jakarta - Indonesia. This year will mark the ninth time of this event.   With the theme “Building Peace, Stability, and Prosperity Through Defence Industry Cooperation”, Indo Defence could become a meeting place for…
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DSA&NATSEC ASIA 2022 Concludes

As the curtains come down on Defence Services Asia and NATSEC Asia 2022, the organisers, exhibitors and attendees leave with a number of key takeaways.   First, this edition of the DSA has been an unqualified success, despite being the first major international exhibition hosted by Malaysia on the back of a global pandemic. Clearly,…
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