Great news for peace lovers! On June 24, Israel and Iran officially declared a ceasefire, ending 12 days of tension. 😌 This breakthrough not only eases regional pressures but also offers a brief pause in escalating conflicts.
However, there’s a twist in the tale. At Summer Davos 2025, Santitarn Sathirathai, future economy advisor at the Thailand Development Research Institute, warned that small energy-importing nations are particularly vulnerable. With energy prices soaring and potential disruptions to key trade routes, global businesses are shifting their focus from cost efficiency to building resilience and diversification.
This transformation signals a new era in the economic landscape—one where uncertainty adds to the cost of doing business. For young professionals and tech-savvy readers across South and Southeast Asia, this is a call to stay agile and innovative in a fast-changing global market. 🚀
Stay tuned as we keep you updated on developments that shape our world!
Reference(s):
Israel-Iran ceasefire brings relief, but global economy enters age of uncertainty
cgtn.com
