When President Vladimir V. Putin of Russia meets with China’s top leader, Xi Jinping, during a visit to Beijing this week, both men will likely seek to demonstrate the strength of their “no limits” partnership in challenging the Western-dominated global order. The visit comes at a time of turmoil in the Middle East after Hamas’s attack on Israel this month, which has led to Israeli airstrikes in Gaza and expectations of a ground invasion. Both Russia and China have refrained from following the lead of Western countries by condemning Hamas…
Tag: Israel-Gaza War (2023- )
Fragile Global Economy Faces New Crisis in Israel-Gaza War
The International Monetary Fund said on Tuesday that the pace of the global economic recovery is slowing, a warning that came as a new war in the Middle East threatened to upend a world economy already reeling from several years of overlapping crises. The eruption of fighting between Israel and Hamas over the weekend, which could sow disruption across the region, reflects how challenging it has become to shield economies from increasingly frequent and unpredictable global shocks. The conflict has cast a cloud over a gathering of top economic policymakers…