Courtesy: X/ @bdbnp78
Bangladesh’s new government has been in power for two months now, and the challenges are immense. Yet Prime Minister Tarique Rahman is trying to balance a plethora of issues: energy shortages, an under-performing economy, a major constitutional reform, addressing corruption and introducing transparency and accountability – all the while putting “Bangladesh First.”
Courtesy: AFR
The Persian Gulf conflict has already impacted India’s oil imports and financial security. However, India has not created meaningful options to protect itself from oil shocks over the last decade – and such shocks will continue. Now is the time for India to make equity investments in oil and gas companies in stable economies like the U.S., Canada and Australia, to protect itself from future energy crises.
Courtesy: Iran Front Page
The transformation of higher education and research in Iran over the last twenty years is a cautionary tale in cultural sociology and political economy. Iran has transitioned from a global colleague with high rates of international collaboration to an isolated, ideologically purged state that has pivoted its innovation engine toward survival. The outward migration of talented Iranians is a terminal threat to the nation’s long-term prosperity.
Courtesy: MSN
The war in the Persian Gulf has already caused significant disruption in India’s South Asian neighbours. A prolonged conflict is likely to push the region back into economic and political crises from which it had been hopeful of emerging this year.
Courtesy: Gateway House
India’s proposal to link the digital currencies of the BRICS nations could alter how emerging economies settle trade deals. It is necessary to examine the reasoning behind such a move, its effort to reducing dollar dependence, and the benefits that accrue to India.
Courtesy: Indian Navy
Over the last two decades, the Indian Navy has taken a quantum leap in modernising its fleet with stealth frigates, warships, submarines, and fighter planes. Its goal is to be the net security provider and first responder securing Sea Lines of Communication in the region. But it is still lagging behind its Indo-pacific naval partners and most important, its regional rival, China.
Courtesy: Niamul Rifat
In less than a week, on 12 February, Bangladesh will witness one of its most consequential parliamentary elections. The same day, the people of Bangladesh will also vote on a referendum that seeks to overhaul the country’s governance structure. The outcome of both, whichever way they turn out, is likely to pull Bangladesh into a vortex of political turmoil.
Courtesy: GK newspaper
On 12 February, Bangladesh will go to the polls to choose a new leader. India should work to maintain a robust and cordial working relationship with the new regime as it did during Sheikh Hasina’s tenure. The new government in Bangladesh should prioritise eliminating anti-India sentiments before they become entrenched, to prevent security challenges for itself and the region.
Courtesy: High Commission of India, Colombo
Cyclone Ditawah has put a serious dampener on Sri Lanka’s rosy post-budget economic outlook. Sri Lanka can help itself by using available national resources, but India can help too, by partnering with multilateral development banks to manage the post-Cyclone Ditwah reconstruction implementation strategy. It can also share its experience of implementing gradual economic reforms and policy planning under Niti Ayog to support Sri Lanka’s efforts.
Courtesy: Gateway House
Bangladesh’s economy, already weak at the time of the August 2024 coup, has been on a downward spiral since. Banks are insolvent and cannot lend, business confidence is low, and investors are staying out. These issues will worsen the ongoing radicalisation, extremism and violence in the country.