Courtesy: United Nations
The transition from least developed country (LDC) to developing country marks a major milestone for the world’s most vulnerable and structurally disadvantaged countries. The recent graduation of Bhutan into the 'developing' realm reflects the trend of accelerating development among least developed countries. Fifteen more LDCs are due to move up in the coming years, a clear improvement from the past.
Courtesy: Gateway House
A sweep of democracies across the world are scheduled to hold general elections in 2024, including seven of the 10 most populous countries. India has an interest in several of these: its own national election and those in its immediate neighbourhood; in the G20, of which India is still part of the troika; and in BRICS-plus, where a new global game is afoot.
Courtesy: Gateway House
The combined effects of the pandemic and recent geopolitical tensions have resulted in some of the world’s leading tech companies facing crises on multiple fronts. A fall in market capitalisation, along with a sharp decline in equity has resulted in shrinking market shares for many of these giants.
Courtesy: Getty Images
Sanctions against Russian energy, high cost fuel, heat waves and droughts all at once have raised the price of daily energy use to unprecedented levels and plunged large parts of the world into darkness.
Courtesy: Reuters
The Ukraine crisis has sent the EU scrambling for new gas supplies, generating fresh interest in gas pipelines from Central Asia and West Asia via Turkey. Practical difficulties make most of these new projects unviable.
Courtesy: Gateway House
Multilateral funding can aid regional financial connectivity between the Bay of Bengal states, where financial networks are scarce. India's successful fintech can be mobilised to create a local ecosystem of startups with better access to funds and strong ties to the Indian market.
Courtesy: The Wall Street Journal
With the Taliban now ensconced in Kabul and being given legitimacy to represent Afghanistan, the worry for New Delhi is the Taliban-affiliated terrorist groups which are already looking eastward to India. This graphic shows the relationship between the terrorist groups in Afghanistan and their anti-India cousins.
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.