business

Dr Tedros, Foreign Minister of Italy, Paolo Gentiloni and Somalia’s Foreign Minister Abdisalam Hadiye Omer met at the margins of the 70th UN General Assembly in New York. Dr Tedros also pointed out that it is important to organize a Somali business forum to change "the failing Somali narrative" and change stereotypes about the country. 

As his real estate and entertainment empire expands overseas, Mr. Wang, 60, has emerged as the rare private-sector tycoon in a position to advance Beijing’s interests abroad, with clout in industries and communities around the world.

As China becomes closer to reaching its dream of becoming one of the most influential countries in the world, Chinese officials announced at a two-day conference of the International Exchange of Professionals in Shenzhen, Guangdong Province, that the country is advocating a platform for its local and overseas talents.

Japan and South Korea are building on a long interest in a country notable for its cheap labour and 90m-strong consumer market. From Hanoi’s point of view, there is a political imperative to draw more foreign investment because of structural economic problems such as bad debts and inefficient state companies, which have dragged Vietnam’s growth down from above 7 per cent a year before the western financial crisis to 5.4 per cent in 2013.

The diplomatic impasse between the United States and Iran is officially broken after thirty-four years of mutual recriminations and mistrust. The need for a reinvigorated U.S. public diplomacy is essential to forge a new relationship based on respect, understanding, and shared political, social, and economic interests. “Gangnam Style” public diplomacy is a simultaneous multiplatform approach to information sharing and engagement that utilizes various programs to stimulate people-to-people connections based on culture, education, and business.

For the first time in decades, business people from the United States are visiting Iran in significant numbers, exploring the possibility of future partnerships as Iranian and American entrepreneurs begin to envision a reopening of long-closed commercial channels. Although sanctions blocking most types of trade between the two countries remain in place, there are no bans on travel to Iran. For U.S.

Effective, pragmatic partnerships based on shared objectives—economic growth, financial stability, and more—are the future of diplomacy. Such partnerships will be the engine for increased security and prosperity, not just for advanced, but also for emerging economies around the world.

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