Cyprus’ short-term economic momentum weakened further in April, as the Composite Leading Economic Index (CCLEI) fell for a second consecutive month, reflecting the impact of geopolitical tensions, external pressures and weaker tourism activity.
The sharp decline erased a significant portion of recent geopolitical risk premiums that had been priced into the market ...The Strait of Hormuz has been a flashpoint for geopolitical tension for decades.
As the current international order undergoes significant geopolitical shifts, these summits have conveyed the participating countries’ overlapping and divergent strategic calculations.