Courtesy: Realty Plus
The Golden Visa, an investment-for-residence offered by 100 countries, is a status symbol for the wealthy and their investments. Now governments are discovering it is also a safe hideout for tax evaders and money launderers, and several countries that offer it are no longer as attractive to live in. High net worth Indians who have enjoyed the status, may be better off investing at home in GIFT City.
Courtesy: CGTN
China’s hostile actions in the East and South China Seas have led to a deepening of naval partnerships within the Indo-Pacific such as the U.S., Japan, Philippines, Australia and South Korea. As crises in West Asia escalate and the strategic contest between the U.S. and China hardens in the Pacific Ocean, India – placed strategically in the Indo-Pacific – can’t neglect either the west nor east.
Courtesy: The Indian Express
Over three years of civil war in Myanmar, and there is no end in sight. The country’s stakeholders are unable to de-escalate the conflict or reliably distribute aid to those affected. Friends, including India, must step in — not only to stop the fighting and alleviate the suffering, but to help facilitate a return to normalcy.
Courtesy: The Hindu
During his visit to New Delhi this week, Australia's navy chief highlighted the need for greater maritime cooperation on security issues in the Indo-Pacific. While India is aware of its growing role in maintaining a free, open and inclusive Indo-Pacific, it must also convey to its partners that on matters of security, it prioritises dangers closer to home in its Indian Ocean neighbourhood.
Courtesy: Global Times
China’s world vision has entered its next phase. After the Belt and Road Initiative (BRI), come the Global Initiative on Data Security (GIDS) so Chinese tech standards can lead, Global Development Initiative (GDI) so China leads the development dialogue, and Global Security Initiative (GSI), so China’s security is ‘indivisible’ from other countries – all in time for China’s 2049 goal of becoming a global power.
Courtesy: Hindustan Times
South Asia requires resilient and cost-effective regional supply chains. This can be achieved through Indian investment, fostering local linkages while reducing dependency on Chinese financing of regional partners. A new approach enhances India's regional influence, creating a win-win scenario for the entire South Asian neighbourhood in a changing global landscape.
Courtesy: Reuters
Sri Lanka has demonstrated signs of recovery following the stabilising policies implemented by the Wickremesinghe government. However, the road ahead for economic recovery is long, with risks associated with the upcoming Presidential elections, geopolitical tensions and debt restructuring.
Courtesy: Xinhua
A tiny nation of half a million people, Maldives has drawn enormous attention from the media, diplomats and informed public since Muizzu’s election last September. The interest has only risen after the recent diplomatic row with India and Muizzu’s increased bonhomie with Chinese President Xi Jinping.
Courtesy: The Economist
After a year affected by a sustained polycrisis, global geopolitics in 2024 remains a delicate dance between hope and realism. Ongoing conflicts in Ukraine and Gaza cast uncertain shadows, while Taiwan and the South China Sea present potential flashpoints. Indian diplomacy will have to navigate old and new challenges, while promoting India’s expertise in digital technology, as also managing its own upcoming parliamentary elections.
Courtesy: Swarajya
The inaugural summit of the Global Partnership on Artificial Intelligence (GPAI), hosted by India earlier this month, drew special attention given the dramatic strides made in the field in the past year. As it prepares to chair the GPAI in 2024, India can draw on its large workforce, the university system and the technology stack to steer conversations on AI regulation, innovation and deployment towards a balanced and equitable path.