Tag: South America

Turkey handed over the MIKTA (Mexico, Indonesia, South Korea, Turkey, Australia) chairmanship relay to Indonesia at the meeting in New Delhi on March 2, 2023. As a result of the handover, Indonesia will hold the position of MIKTA chairman for one year and has set 3 priorities. […]

The 2023 World Economic Forum in Davos, Switzerland, felt special since it was the first after the COVID-19 pandemic outbreak hit the world in 2020, which killed 6.74 million people. This year’s theme of “cooperation in a fragmented world” highlighted how countries would cope with the biggest issues such as the global recession and the Russia vs Ukraine war. […]

The global economic has seen a slowdown activity especially in past two years due to the COVID-19 pandemic. Countries have issued stimulus measures, which included low interest rates and large-scale government spending, that led to an increase in the money supply and the potential of inflation. Supply chain disruptions caused by the pandemic eventually prompted increasing costs for goods and […]

The leaders of Western industrialized nations have acknowledged that isolating Russia economically for its invasion of Ukraine has significant adverse consequences for their economies, including dramatic increases in the prices of oil and natural gas. Europe faces potential shortages of natural gas this winter, as Russia restricts its supplies in retaliation for European support for Ukraine. U.S. and European political […]

Honorary titles become less and less popular. Being addressed with those titles is also seen as a snobbish act. The abolition of honorary titles has made interactions a lot simpler and avoiding embarrassment when the incorrect title was used. […]