International cryptocurrency regulation is suffering from coordination problems, and FTX’s collapse has added greater urgency to harmonise standards, after more than US$2 trillion was wiped off markets in the past year.
Improved India-Pakistan ties could bring political stability to the region, with wider socio-economic and humanitarian impact to tackle a swathe of issues such as food stability, natural disaster management and trade flows.
On top of the human cost of the war in Ukraine, international agreements and nuclear non-proliferation are suffering as more governments look to go nuclear. The fate of Libya and Ukraine is likely to sway Saudi Arabia, Japan, Taiwan and others to follow Iran and North Korea.
Whether it is the “17+1” forum or the China-France-Germany troika, China diplomacy in Europe excludes smaller nations. Lithuania’s proposal would democratise and unify EU engagement with China by giving the bloc a platform through which to generate consensus.
As the new wave of coronavirus cases turns Taipei’s attention inward amid increasing Chinese military activity, the coming weeks will see Taiwan’s resilience put to the ultimate stress test.