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: 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.
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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: 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.
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On 18 Feb 2021, China and India completed a week-long border disengagement at Pangong Tso, ending a 10-month standoff. The Indian Army's Operation Snow Leopard, launched in late August 2020, provided India with strategic and tactical leverage during the negotiations. More broadly, India combined its political, technological, economic and diplomatic forces, creating a Comprehensive National Defense to counter Chinese adventurism. This infographic tracks the chronology of Indian actions, starting with the border standoff from Jan 2020 to last month's disengagement, nearly a year later.
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Taiwan’s increasing threat of takeover from China by possible amphibious assault reveals the urgent need for the island to strengthen its defences. The commencement of the construction phase of the Indigenous Defence Submarine programme, is a crucial step in Taiwan’s quest to build a credible deterrence to counter sustained Chinese diplomatic and economic intimidation and technology denial.
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Recent investments by Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and Intel Capital could well be the infusion of capital and expertise Jio needs to compete with Alibaba and Amazon. The infographic compares the number of services offered by these companies across different technology domains
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Under the cover of the COVID19 crisis, China has silently, once again, upped aggression in the disputed South China Sea, in March 2020. These incremental actions by China are part of its ongoing attempt to dictate the Code of Conduct in the region.
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The U.S.-Taliban deal of 29 Feb favours some and disadvantages others in the region. This infographic shows how regional geopolitics will change
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The current wave of protests sweeping India and the government’s suspension of internet services to impede communication has led to innovation. Protesters have taken recourse to offline messaging applications to escape detection while executing their plans. This infographic tracks the evolution of online media – from the basic to the more discreet