such as Yandex, VKontakte, and Maxim Taxi. In the ASEAN case, regional tech firms have flourished across member countries, achieving massive growth in valuation and regularly securing billions in funding. Regional firms with ‘unicorn’ status include Grab (Singapore), Gojek (Indonesia), Lazada (Singapore), Traveloka (Indonesia), VNG (Vietnam), a
The goal is to achieve a form of ‘vertical specialization’ comparable to China’s economic boom. Imagine an economy as a chef. His skills only consist of making diner or home-cooked foods and he only receives a low pay. If somehow the chef learns to expertly cook expensive gourmet foods, there is a bigger chance he will be paid much higher wor
Since Russia’s full-scale invasion of Ukraine in 2022, Western countries have provided Kyiv with a variety of weapons capable of hitting targets far behind Russian lines. The UK and France have supplied Storm Shadow/Scalp cruise missiles, which have a range of about 250 kilometers, while Washington has sent its Army Tactical Missile System (ATACM
China’s Foreign Ministry voiced its “grave concern” over the Golden Dome, accusing Washington of undermining the principle of peaceful use of space enshrined in the Outer Space Treaty. A spokesperson warned that the initiative could “heighten the risk of turning space into a war zone and creating a space arms race, shaking the foundations o
However, the Taliban’s funding model continues to rely heavily on public taxation, barter-based commerce, and informal hawala networks— factors that raise concerns about the long-term viability and sustainability of these initiatives. Financial inefficiencies are compounded by the lack of regulatory oversight in barter-based agreements, where t