By Ong Tee Keat, Chairman, Center for New Inclusive Asia, Kuala Lumpur

On March 11th , 2020, Robert Redfield, the director of US Center for Disease Control & Prevention (CDC), dropped a proverbial bombshell when he testified to the US Congress admitting that numerous Corona virus deaths might have been miscategorized as flu. This belated admission of misdiagnosis has further lent credence to the earlier speculation that many pulmonary fibrosis cases which resulted in deaths due to patients' inability to breathe might in fact have been caused by the Corona virus. These cases, where symptoms might have been masked by attributions to e-cigarette or vaping, happened well before the virus outbreak in Wuhan, China. READ MORE.

• April 1, 2020

The first oil refinery shutdowns in India and Europe were announced on Friday while global refinery runs drop like a stone in response to plunging demand as countries worldwide implement lockdowns.

• March 30, 2020

Saudi Arabia said on Friday it was not in talks with Russia to balance oil markets despite rising pressure from Washington to stop a price rout amid the coronavirus pandemic and an attempt by Moscow to fix a rift with the de facto OPEC leader.

• March 30, 2020

The International Monetary Fund said on Monday the relaxation of the euro zone’s fiscal rules and support from the European Central Bank and the European Stability Mechanism is critical to a strong regional response to the coronavirus pandemic.

• March 30, 2020

By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

The world economy has been in troubled waters since late 2018. The US – China trade war rattled the markets and triggered the significant changes in global supply chains. Many industrial giants were actively discussing the dislocation of production facilities from China to South East Asia nations such as Vietnam and Cambodia seeking to decrease the negative impact of the trade war.[…] However, the novel Coronavirus (COVID – 19) outbreak, which started in Chinese Wuhan city, has launched its seemingly unstoppable march around the globe since late January 2020. READ MORE

• March 26, 2020

By Eugene Kogan, Tbilisi-based defence and security expert

The trilateral military cooperation, begun in November 2017, has all the necessary components to become decisive for the three countries in the eastern Mediterranean in the long-term. In addition, the US is fully behind the three countries, sending a clear signal to Ankara not to provoke conflict in the region.
Turkey, which is still a member of NATO, is not in a position to prevent Israel from cooperating with NATO, although such cooperation is a thorn in the side of Turkey. Although Cypriot military exercises with Israel upset Turkey, it cannot prevent the two countries from cooperating. That is why we see a new military architecture in the Eastern Mediterranean, which will shape the security relations of the three countries in the coming years. READ MORE

• March 26, 2020

British companies on Monday rushed to heed unprecedented calls by regulators to mothball their results so they can better assess how the coronavirus pandemic is affecting their business.

• March 23, 2020

Oil prices extended their decline on Monday, with record low U.S. gasoline prices leading the energy complex lower, as the coronavirus pandemic crushes demand worldwide after travel and industrial activity contracted across the globe in a bid to stem the spread of the virus.

• March 23, 2020