China and Russia have vowed to strengthen APAC coordination
China and Russia's commitment to enhance coordination in the Asia-Pacific region signals a potential shift in the geopolitical landscape, which could exacerbate existing tensions with Western powers.
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The US warns senior Iraqi politicians, threatening state sanctions against Iraq if an Iran backed armed group joins the next government, according to sources
China and Russia have vowed to strengthen APAC coordination
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US has reportedly threatened to curb the supply of USDs to Iraq in the scenario that they fail to disarm militants who are backed by Iran, FT reports
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This move may affect market sentiment, particularly in sectors sensitive to geopolitical risks like energy and defense, while influencing Asian currency dynamics and trade relationships.
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