China’s attempt to discipline Japan over Japanese Prime Minister Takaichi’s statement on a Chinese attack on Taiwan threatening Japan’s security, may instead strengthen the very alliances Beijing hoped to fracture. By using symbolic economic instruments, invoking the UNSC, and amplifying nationalist messaging while avoiding mass public mobilisation, China signals displeasure without risking internal instability. Yet these same measures push Japan ever deeper into U.S.-aligned networks.

Several Australian families and companies have had a deep impact on India, since the early days of its economic reformation – from telecom to entertainment. Now, with the two countries enjoined by a comprehensive bilateral trade agreement, it’s time to step it up and deepen common agendas on hard issues, from regulation on big tech to entertainment ecosystems to sports and stadium management.

U.S. health secretary Robert Kennedy Jr. called the World Economic Forum a “billionaires’ boys club” imposing totalitarian controls. Indeed, since 1971, the elite platform shaped geopolitics. But its Western-centricism kept out the concerns of the rest. This gave rise to alternative forums, which look beyond financial agendas to the perspectives shaping the Global South. Here are 45 of biggest, half of which began just two decades ago.

A former diplomat and a journalist came together in 2009 to build what would become Mumbai’s first foreign policy think tank – Gateway House. It is India’s first women-founded think tank, and among the few globally established by two women. In this conversation with Akshobh Giridharadas of USISPF, co-founders Manjeet Kripalani and Neelam Deo reflect on Gateway House’s origins and the epiphany that India needed to shape global conversations with its own perspective, one that extended beyond New Delhi.

After a remarkable recovery from a very deep crisis in 2022, Sri Lanka’s recent budget for 2026 consolidates economic stabilisation and introduces a few markers for further growth. But more needs to be done to embed a growth strategy and transform its economy to avoid further IMF austerity programmes.

The rise of Sanae Takaichi, Japan’s first female prime minister with firm conservative credentials, carries both symbolic weight and political controversy. Her early decisions suggest clarity of intention but also highlight the structural weaknesses and diplomatic sensitivities that will shape her tenure. To keep her ratings high, she has to stabilise her minority government at home, and manage the China, U.S. and ASEAN relationships with tact.

On October 22, 2025, U.S. President Donald Trump imposed sanctions on Russia’s oil giants, Rosneft and Lukoil. The move has clear geopolitical motives—to remove a major supplier from an oversupplied oil market. Indian oil companies, key buyers of Russian crude, now face pressure to cut imports, undermining India’s energy diversification and shaking global oil markets, including the U.S. economy.

U.S. President Donald Trump embarked on a five-day trip to Asia, arriving in Kuala Lumpur on October 26. Covering Malaysia, Japan, and South Korea, the visit marked a shift in focus from the Ukraine and Gaza conflicts to Southeast and East Asia, as his administration is set to finalise its China policy and Indo-Pacific strategy. The trip yielded important results, though their impact will take time to assess.

Despite over a decade of negotiations, the EU-India FTA remains stalled. The New Strategic EU–India Agenda released in October 2025 seeks to elevate ties, positioning India as central to Europe’s multipolar vision. Yet contradictions persist: Europe’s normative approach and India’s multi-alignment strategy diverge. Connectivity and infrastructure remain conceptual. Now, success depends on the EU’s ability to match rhetoric with resources, flexibility, and strategic patience. 

India and Indonesia sit at the heart of the Indo-Pacific, and participate  in multiple global and regional frameworks that ensure developing countries remain part of governance debates. The two countries can use these platforms to craft a southern consensus, a framework for cooperation that prioritises resilience, equality and cooperation over competition and coercion. This can reduce vulnerabilities among developing countries and strengthen them against future disruptions.