Courtesy: The Maritime Executive
China is rapidly expanding its influence in the Indian Ocean Region, as its massive investment in ports starts to materialise. From smaller investments of $78 million in Djibouti to large ones like $1.6 billion in Gwadar, these are funded largely by Chinese state-owned enterprises. This infographic shows the 17 ports being built by China, which are now important strategic, economic and political outposts for the country.
Courtesy: Shutterstock
On 28 May 2021, the Biden administration submitted a much-delayed Defense Budget to Congress, asking for $715 billion for 2022, a 1.6% increase over the previous year’s $703.7 billion. This marginal increase highlights the U.S.’s shrinking capacities compared with China, which spends less than a third of the U.S. on defence. This Budget is focussed on challenges in the U.S.’s geographic vicinity, not the administration’s resolve to counter the threat of China from a position of strength.
Courtesy: Shutterstock
On 3 March 2021, the Office of the Prosecutor at the International Criminal Court (ICC) at the Hague, commenced an official investigation into Israel and Palestinian Armed Groups' alleged war crimes committed in the occupied territories of Palestine since July 2014. Palestine, which referred the case, is a member of the ICC, but Israel is not. Does the ICC have any jurisdiction in these cases? Will US support for Israel play a role? The three instances in the table show precedents in similar matters.
Courtesy: World Economic Forum
In March 2021, the World Economic Forum (WEF) announced the addition of 15 manufacturing facilities to the prestigious Global Lighthouse Network. Two Indian companies were on the list – the Tata Steel facility in Jamshedpur, and the ReNew Power facility in Hubli. This is twice the number of Indian companies on the list last year. Many more facilities will likely be added to the WEF list, as several prepare to graduate their manufacturing businesses to keep up with Industry 4.0.
Courtesy: Shutterstock
On 18 Feb 2021, China and India completed a week-long border disengagement at Pangong Tso, ending a 10-month standoff. The Indian Army's Operation Snow Leopard, launched in late August 2020, provided India with strategic and tactical leverage during the negotiations. More broadly, India combined its political, technological, economic and diplomatic forces, creating a Comprehensive National Defense to counter Chinese adventurism. This infographic tracks the chronology of Indian actions, starting with the border standoff from Jan 2020 to last month's disengagement, nearly a year later.
Courtesy: Gateway House
With the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 set to be introduced during parliament’s on-going budget session, India is now ready to introduce its own official digital currency—following in the footsteps of China and Russia. So far, Indian regulations prohibited the public from trading in crypto-currencies. However, the investor community has an interest in them, as an asset that is not subject to government devaluation, unlike regular fiat currency in circulation. This infographic traces the evolution of crypto-currencies since the launch of Bitcoin in 2009.
Courtesy: Shutterstock
Taiwan’s increasing threat of takeover from China by possible amphibious assault reveals the urgent need for the island to strengthen its defences. The commencement of the construction phase of the Indigenous Defence Submarine programme, is a crucial step in Taiwan’s quest to build a credible deterrence to counter sustained Chinese diplomatic and economic intimidation and technology denial.
Courtesy: Gateway House
The recently signed Basic Exchange and Cooperation Agreement (BECA) between India and the U.S. symbolises the strengthened defence and security partnership between the two countries and the growing interoperability capabilities between the two militaries. India-U.S. defence and security ties have flourished in the last decade, with increasing focus on defence technology co-development and co-production. The enhanced G2G engagement is also reflected in the commercial sector where American and Indian defence companies have partnered in the aerospace sector to become part of the global supply chain.
Courtesy: Prime Minister Office
The recent opening of the Atal tunnel represents the border infrastructure build-up underway for the last 10 years. Multiple other road and rail projects are being implemented, which will connect remote areas along the Line of Actual Control and also support the Indian military’s deployment in the region.
Courtesy: Shutterstock
Recent investments by Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and Intel Capital could well be the infusion of capital and expertise Jio needs to compete with Alibaba and Amazon. The infographic compares the number of services offered by these companies across different technology domains