World

As tensions persist, the world watches closely, aware that even minor escalations could have far-reaching consequences. The Strait of Hormuz, long recognised for its strategic importance in energy markets, is now emerging as a critical node in the global food supply chain.

As Europe grapples with populist anti-migration sentiment, Spain has positioned itself as a counterpoint.

IMF says, with tensions still high and no immediate resolution in sight, policymakers, businesses and households must prepare for a more challenging economic environment.

In its policy brief released on Monday, the UNDP described the conflict as “development in reverse”, cautioning that even a fragile ceasefire may not prevent long-lasting economic damage.

Oxfam accuses the IMF of a “troubling double standard” in tax advice, handing progressive policies to rich nations while pushing regressive measures on India...

The UN assessment ends on a note of cautious urgency. The Seville Commitment, though imperfect, still represents the clearest roadmap available.

With the region still recovering from previous shocks, the latest ADB analysis serves as a timely reminder of the region’s exposure to distant geopolitical events.

The report’s central message is hopeful amid the grim projections: adaptation works when strategically deployed.