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This has bizarrely received almost zero coverage in Western media but it's actually an absolutely massive deal.

China, the countries of South-East Asia (ASEAN) and the Arab states (GCC) just held a summit in Kuala Lumpur to forge what could become the world's largest economic bloc, covering everything from free trade agreements and de-dollarization to Belt-and-Road connectivity.

Together, these countries have over 2 billion people, 30% of the world's GDP and, crucially, about 55% of world GDP *growth* in PPP terms.

(from Arnaud Bertrand on X)

https://www.kln.gov.my/web/guest/-/joint-statement-summit-of-the-association-of-southeast-asian-nations-asean-the-cooperation-council-for-the-arab-states-of-the-gulf-gcc-and-the-people-

B 7mo ago

Wow! That is a massive deal.

It will be interesting to see how this impacts Australia as we are a Partner (not a member) of ASEAN.

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Discussion

Ricemoon 7mo ago

Yes, enormous. Was there any coverage of this in Australian media?

B 7mo ago

Not that I have seen so far, which is interesting in itself…

Thanks for posting 🫂💜

Ricemoon 7mo ago

Same for European media. If someone drops a glass of water at a G7 summit we would have "Breaking" News coverage 24/7 (pun intended). 😁

Thanks for the zap! 🫂

B 7mo ago

I love the fact that Nostriches are now ahead of the curve with news! 💜

“Breaking” on Nostr first 🤩

Ricemoon 7mo ago

Especially when the linked joint statement is from the 27th of May and we are still first. 😁