economic-diversification
3 stories related to this topic, newest first.
SemaforIran War Disrupts Saudi Economic Diversification Plans
Saudi Arabia has ordered government entities to freeze payments to strategy advisers, management consultants, and law firms. The move comes as the Iran war affects the kingdom's efforts to reduce reliance on oil.
SemaforMiddle Powers Pursue Modest Trade Deals With India, Peru and EU Amid Ongoing Reliance on US and China
Australia signed trade agreements with India and Peru while Canada secured EU procurement concessions for its firms. Canadian Prime Minister Mark Carney called for middle powers to unite during this year's Davos meetings. The moves come as nations seek to shield economies from U.…
realclearmarkets.comIran War Disrupts Gulf Energy Supplies and Accelerates Regional Economic Shifts
The ongoing U.S.-Israeli war against Iran has caused major disruptions to global oil and LNG supplies through the Strait of Hormuz. Gulf states are adapting by diversifying their economies and energy roles. This conflict highlights evolving partnerships in the global energy secto…