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There has been an increasing need for the regulation of content on social media platforms like Twitter, WhatsApp and Facebook. Ambika Khanna, Senior Researcher for International Law Studies Programme explains the legal concerns associated with intermediaries
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: Foreign Affairs
A yawning gap has opened up between what countries know about the risks of climate change and what they are doing to reduce them. In the riskier new era of climate change, the longer countries take to close that gap, the more painful and deadly the outcomes.
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Social media platforms such as Twitter and Facebook have come under global scrutiny in recent months following their use to incite or misinform the public. For years, governments around the democratic world have not taken the responsibility to adequately regulate these platforms. Now that may be changing – and it won’t be easy.
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Retail prices of diesel and petrol are at an all-time high in India. Is this because of the rising crude oil prices, or is there another explanation? Amit Bhandari, Energy and Environment Studies Fellow, offers an answer.
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As 2021 opens, the post-COVID world can expect some changes in the geopolitics of Asia. It will involve altering equations in the Indo-Pacific among major, middle and small powers. These will fluctuate with characteristic familiarity, creating instability, tensions and strife, but not leading to military conflict – barring an unforeseen accident. Post-COVID, the world will be uncertain and complex.
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The U.S. Navy Secretary, Kenneth Braithwaite, visited India on 17 Dec 2020. Will this year-end visit culminate in the reactivation of the First Fleet under the U.S. Indo-Pacific Command? The First Fleet, is likely to be an expeditionary fleet - one without a shore-based headquarters and assigned primary responsibility for the Indian Ocean and parts of Pacific Ocean bordering South Asia. Its reactivation will emphasise the strategic importance of this region. It will also relieve the burden of the U.S. Navy's 7th Fleet headquartered in Japan, that is deployed for operations in this vast oceanic space.
Courtesy: Gateway House
India’s investments in energy thus far have concentrated on buying stakes in oilfields in developing countries often at the risk of political unpredictability. With oil prices, and therefore oil company values, falling – India should revise this strategy and aim for better value and lower risk by making investments in companies in the developed world. This paper recommends investing in oil and gas assets in energy-rich developed countries like the U.S., Canada and Australia, to reduce India's vulnerability to future increases in energy prices. These should be made via a sovereign wealth fund (SWF), not the national oil companies. The SWF will be best served by acting as a financial investor, acquiring, only minority stakes, rather than aiming for management control.
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Should the Quad be formalized? It has evolved from a crisis response group in 2004 to a strategic partnership today between the four member-countries – India, the U.S., Australia and Japan. There are benefits and challenges to the institutionalisation of the Quad which require timely analysis, especially as the group has renewed vigour this year with the COVID-19 pandemic and China’s aggression in the Indo-Pacific region.
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Canadian Prime Minister Justin Trudeau's controversial wading into the Punjab farmers' protests has obfuscated the hard work done by diplomats and think tanks on both sides over the past three years, to boost the bilateral. India and Canada have much to gain from each other's strengths in technology, natural resources and investment, and even more if they collaborate internationally to develop an alternative to the current bipolar world order