Sri Lanka is playing a balancing act as it manages its ties with India and China. It is heavily dependent on the two rival Asian giants for its economic revitalisation and future growth, but it must be strategic in its approach with both countries as it attempts to manage its foreign debt and ensure project sustainability while maintaining geopolitical neutrality.

Frank G. Wisner was the most consequential U.S. ambassador to post liberalisation India. He used his three years in India to put the economic and commercial elements into the heart of the bilateral. He had friends on both sides of the aisle in India. He was an astute diplomat, but also accessible, making everyone feel comfortable regardless of their hierarchy in business or in official circles.

The Bank of England was in the news because of the ‘gold squeeze’- traders moving gold from London to New York to profit from the price arbitrage. An informal version of this is taking place between Bangladesh and India.

A visit to Israel in the last week of January coincided with the six-week ceasefire between Israel and Hamas and the 80th anniversary of the Holocaust in which 6 million Jews were killed during the Second World War. It revealed a country at war and in mourning, yet one whose natural resilience looked to the future with optimism.

The 18 February bilateral negotiations between Russia and the U.S. to end the war in Ukraine, will take Russia out of western isolation and put it  back into the global mainstream. This is a success for President Vladimir Putin, who has now been ruling Russia for 25 years, by focusing on domestic stability and development and a revival of relations with the West, China and India.

Malaysia’s chairmanship of ASEAN in 2025 is pivotal. It will have to steer ASEAN toward regional peace, stability, and prosperity while reinforcing its centrality. All this during a time of heightened geostrategic rivalry, economic deglobalisation, rising protectionism, and nationalist trends.

The first plurilateral meeting attended by new U.S. Secretary of State Marco Rubio was the Quad, a day after assuming office. The meeting reinforced the commitment to the Indo-Pacific but with the change in government, the Quad's trajectory in 2025 remains a question. Part of the answer lies in its past interactions, while the rest depends on how the U.S. and India will approach China.

India and the U.S. have a big agenda, bilaterally and geopolitically, to discuss when Prime Minister Narendra Modi and U.S. President Donald Trump meet in Washington on Feb 12-13. Trade, China and migration are central points of discussion. So will ensuring that Trump allies with India on its neighbourhood as an area of common concern. The big election win in New Delhi will strengthen Modi’s negotiating hand.

February 1 marks four years of the military coup in Myanmar, which plunged the country into a bloody civil war, still on-going. The crisis is deepening, as the struggle between the Junta forces and a fragmented resistance wages on with no resolution in sight. A stalled mediation by ASEAN, and lack of consensus amongst neighbouring countries on how to help, leaves Myanmar’s future uncertain.

The India-Australia Comprehensive Economic Cooperation Agreement will be signed this year. It will complete a unique, two-part trade agreement that will bring India into global trade regimes in a calibrated manner, and with a helping hand. For Australia, with its deep global trading knowledge and pragmatic approach to such agreements, gaining it first-mover advantage in India’s large market is a major win