The US-backed ceasefire in Nagorno-Karabakh crumbled within hours. US Senate confirmed Amy Coney Barrett to the Supreme Court. Global FDI fell by 49 percent in H1, driven by fears of a deep recession.
A rundown of important global developments in markets, in business, and region-by-region, as well as statistical risk assessments by country and by US state.
For over two decades, the World Trade Organization (WTO) has played a key role in setting the rules of international trade and mediating international disputes. Now, in a time when the rules of trade and balance of power within international organizations are a source of great tension, the WTO faces a test of its ability to navigate the new international system.
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