The Economics of Geography

14/06/2023 11:12

Orbán: Europe needs energy from Central Asia

We need energy coming to Europe from Central Asia, and for this we need new resources, new routes, new infrastructure, Hungarian Prime Minister Viktor Orbán laid down in a press statement made last Friday in Ashgabat, Turkmenistan, according to his website.

10/06/2023 06:00

The importance of Elon Musk's visit to China

While the US political elite is increasingly turning against China, Beijing would maintain mutually beneficial cooperation with US companies, Hungarian news site Mandiner wrote, on the occasion of Elon Musk's visit to China.

03/06/2023 06:00

Indonesia's economic growth far above global average

Indonesia has recorded better economic growth, far above the global average, and has been able to maintain it amid global uncertainty, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva has said, according to Antara News.

01/06/2023 07:00

Saudi Arabia buys Russian oil, sells its own to Europe

Saudi Arabia is snapping up millions of barrels of Russian diesel that Europe no longer allows, while simultaneously sending its own supplies back to buyers in the EU, Bloomberg reported.

31/05/2023 08:00

Saudi Arabia is world’s second fastest growing tourism destination

Saudi Arabia is the world’s second fastest-growing tourism destination, data from the World Tourism Organization (WTO) revealed, Alarabiya reported.

29/05/2023 07:00

Saudi Arabia in talks to join BRICS bank

Riyadh is in talks to join the New Development Bank (NDB), or the BRICS bank, as its ninth member, according to the Financial Times.

29/05/2023 06:00

Oil market is on the right track, according to Iran's oil minister

Iran’s oil minister Javad Owji said that the oil market is on the right track after decisions made by OPEC+, the semi-official Iranian news agency Tasnim reported on Wednesday, Alarabiya News reported, citing Reuters.

27/05/2023 11:40

Putin supports deeper Eurasian economic cooperation

The Eurasian Economic Union (EAEU) supports pairing with China's Belt and Road Initiative (BRI) to achieve the Greater Eurasian Partnership, Russian President Vladimir Putin said during an address at the plenary session of the second Eurasian Economic Forum of the EAEU on Wednesday, CGTN reported.

23/05/2023 06:00

Russia opens Vladivostok port to China

Russia has opened the far eastern port of Vladivostok to China – 163 years after it was ceded to Moscow in treaties during the Qing dynasty, Asia Financial reported.

16/05/2023 06:00

Geopolitical space in the 21st century

By using new types of geofusion maps, we can use geographic factors to define the geopolitical spatial structure that allow us to identify the key centres of power and interconnections of a new, multi-centred world economy.

16/05/2023 06:00

Asia's response to global challenges

"An Uncertain World: Solidarity and Cooperation for Development amid Challenges" was the theme of this year's Boao Forum for Asia (BFA), Asia's most influential economic forum, founded in 2001 and held every year since then, from 28 to 31 March.

15/05/2023 06:00

Saudi Arabia extends aid to Caribbean countries

Saudi Arabia, through the King Salman Humanitarian Aid and Relief Center (KSrelief), has provided more than $1.3 billion in aid to the Caribbean countries, the Saudi foreign minister has said, according to the Saudi Gazette.

13/05/2023 06:00

Chinese tourists spend more abroad

China's outbound travel market will maintain strong growth this year as pent-up demand sparks a tourism boom and more big-spending travelers head overseas this summer, according to China Daily.

09/05/2023 06:00

Raisi's Syria visit hailed as strategic victory

The presidents of Iran and Syria have signed a series of long-term cooperation agreements on oil and other sectors to bolster economic ties between the two longtime allies, Al Jazeera reported.

06/05/2023 06:00

Budapest to play key role in renminbi internationalisation

Participants at the seventh Budapest Renminbi Initiative Conference discussed the responsibility of central banks in addressing the challenges of our time, such as the green transition and maintaining the stability of the financial system.

04/05/2023 06:00

New record in Indian air travel

India's domestic air traffic has hit a record high, with 456,082 passengers flying on a single day, BBC reports, citing India's Directorate General of Civil Aviation.