The current state of unpredictability and hostility in international affairs is forcing actors to modify their approaches to their neighbours. As the new international order, based on multi-polarity and regional cooperation continues to take shape, the Eurasian continent remains firmly at the heart of this transformation. One of the key actors affe

Henoted that Russia has refused to sell the S-400 missile defense system to Iran, despite Tehran supplying Moscow with drones for its war in Ukraine, while providing such systems to Turkey and Saudi Arabia. The ex-lawmaker argued that Russia’s reluctance is due to concerns Iran could use the S-400 against Israeli aggression, exposing the superfic

The stability of the linked exchange rate system essentially depends on the diversity of market participants and the balance of capital flows. When the market relies solely on a single pool of capital, the HKMA’s mechanism for strong- and weak-side convertibility is more likely to be triggered frequently, undermining the stability and credibility

limit of 7.75, the Hong Kong Monetary Authority (HKMA) is required to automatically sell Hong Kong dollars and buy U.S. dollars to maintain the peg. In May 2025, Mainland capital inflows pushed up demand for the Hong Kong dollar, causing the exchange rate to reach the strong-side level of 7.75. The HKMA triggered the strong-side convertibility guar

was extended to the entire Guangdong province, with the quota raised to RMB 300 billion. The investment quota increased from RMB 150 billion to RMB 300 billion, and the number of mainland investors’ accounts surged from 25,000 to 95,000. In addition, the surge in Mainland companies listing in Hong Kong has further boosted capital inflows. In May