Courtesy:
On October 31, Adani Power halved the electricity supply to Bangladesh, owing to outstanding dues. Bangladesh’s already weak economy has become worse under the new regime, with the country running short of funds to pay for imports of fuel and electricity.
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Thousands of Ladakhi Shia men and women in Kargil mourned the death of Iranian President Ebrahimi Raisi on May 21, 2024. Iran’s influence in the region goes back to the 15th century with the arrival of Shia missionaries. Their identity was reinforced by the Iranian Revolution in 1979. The cultural and religious practices of the Iranian-influenced community underscore the local politics in the sensitive border region.
Courtesy: Sputnik India
Pakistan’s peripheral regions have long been treated as colonies to benefit the Punjabi core. This neglect is facing a vigorous pushback, in the form of peaceful protests and violent resistance. The economic crisis has exacerbated tensions in Baluchistan, Khyber Pakhtunkhwa and Gilgit-Baltistan, which remain poor despite abundant natural resources.
Courtesy: Economy
The long-delayed Iran-Pakistan pipeline has put Pakistan in yet another bind of its own making. Abandoning the project will expose it to Iranian penalties, while completing it will violate the sanctions imposed by the U.S., its financial benefactor, and its other patron Saudi Arabia which competes with Iran for West Asian leadership.
Courtesy: The Hindu
Long treated by Pakistan as a colony, Balochistan has seen several high-profile attacks by locals against Chinese interests. The growing unrest in the region reflects Islamabad’s failure to address key development issues. With less than 10% of this year’s federal budget earmarked for development, it appears that the only means of quelling the violence is more repression.
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.