"We are seeing consistent movement toward the emergence of a multipolar world order. Most countries are prepared to stand up for their sovereignty, national interests, traditions, culture, and way of life," he adds, underscoring the fact that new centers of economic and political authority are gaining in strength.
Mubadala, KKR in $1bn capital tieup
The two firms signed a partnership to provide bespoke credit solutions.
ADB boosts Asia-Pacific food security financing to $14 billion
The bank, which has 49 members stretching from the Cook Islands in the Pacific to Kazakhstan in Central Asia, usually allocates $2 billion a year for food security loans. That is expected to reach $3.3 billion this year, and $10.7 billion from 2023 to 2025.
