'Cooperation key to economic stability in strife-hit world'
Sunday, 16 February 2025 Global cooperation is essential for stability amid geopolitical tension, economic uncertainty, and climate challenges, according to ministers from Sri Lanka, Myanmar, and Albania at the ET NOW Global Business Summit 2025. They stress the shift from a unipolar to a multipolar world with emerging powerhouses like India and Brics nations.
The Indian passport has improved its ranking. It now stands at 77th position in the Henley Passport Index-2025. This is an increase of eight places. Indian.. IndiaTimes
South China Sea Breaking: In a significant escalation of defensive capabilities, Taiwan has officially formed its first combat-ready HIMARS rocket unit. This move is designed to strengthen deterrence against increasing threats and military pressure from China. Taiwan's Defense Minister, Wellington Koo, lauded the new unit as a "significant boost" to the island's defensive power, underscoring the strategic importance of this deployment. The soldiers operating these advanced systems have completed specialized training in the United States, highlighting the close military cooperation between Washington and Taipei.
The M142 High Mobility Artillery Rocket System (HIMARS) is a game-changer for Taiwan's military. It can fire six 227mm rockets or a single Army Tactical Missile System (ATACMS) missile, the latter boasting a range of up to 300 kilometers. This impressive range means that key military and strategic targets deep within mainland China's coastal provinces are now potentially within Taiwan's strike capability. Reports suggest that Taiwan may have already acquired these long-range ATACMS missiles, a detail that is sure to alarm military planners in Beijing.
This deployment is part of a larger arms deal with the U.S., with 11 of a total 29 HIMARS systems already delivered. The move aligns with America's broader strategy to build a strong coalition in the Indo-Pacific to counter China's growing military and economic dominance. While the HIMARS system has proven its devastating effectiveness in the Ukraine conflict, analysts note that China's more advanced air defense systems could pose a greater challenge. The activation of this unit comes as Chinese military aircraft and vessels continue to cross the sensitive median line of the Taiwan Strait, prompting regular intrusion warnings from Taipei and keeping the region on high alert.
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#USChinaRelations
#BreakingNews
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#OneindiaNews
#IndoPacific
#ATACMS
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The Indian Army has denied claims made by ULFA-I of a cross-border drone strike on its Myanmar headquarters that allegedly killed 19 cadres. Defence PRO Mahendra Rawat said the Army has no inputs confirming any such operation. Sources suggest the attack may stem from infighting among militant groups. ULFA-I leader Paresh Baruah remains elusive near the tri-junction with ISI support. With Myanmar’s border regions in turmoil, Indian officials remain concerned over insurgent activity and the exploitation of the porous border.
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Intense floods strike Romania as wildfires rage across Turkey and Albania
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Credit: euronews (in English) Duration: 01:05Published
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Credit: euronews (in English) Duration: 00:56Published
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In a dramatic geopolitical shift, Russia has withdrawn from a long-standing military cooperation agreement with Germany, originally signed in 1996. Prime Minister Mikhail Mishustin's move follows a cascade of sanctions from Western allies and Germany’s support for Ukraine. Russia's Foreign Ministry labeled Berlin's stance as "openly hostile" and accused Germany of pursuing aggressive militaristic policies.
The collapse of this bilateral framework underscores Moscow's pivot toward nations like North Korea, Iran, and China. In recent weeks, Foreign Minister Sergey Lavrov has met with North Korean leader Kim Jong Un—who pledged unconditional support for Russia’s war—and Iranian officials during the BRICS summit. Meanwhile, President Putin hinted at retaliatory arming of regions to strike Western targets. As the West distances itself from Moscow, Russia deepens its ties with fellow sanctioned states, signaling a bold new strategic alignment.
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During the signing of the landmark GENIUS Act, President Trump launched a spectacular verbal assault on BRICS, calling the bloc a “little group fading fast”, accusing it of trying to dethrone the US dollar. He reaffirmed his threat of a 10% tariff on any country joining the alliance, claiming the measure “hit them very hard” and caused BRICS attendance to collapse. Trump emphasized the GENIUS Act’s role in cementing American leadership in crypto and finance, proudly noting, “They named it after me!”
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NATO Secretary General Mark Rutte has issued a stern warning to BRICS nations—India, China, and Brazil—over their continued trade ties with Russia. Following a meeting with Donald Trump, who gave Putin a 50-day peace deadline, Rutte threatened 100% tariffs and secondary sanctions if these nations fail to pressure Moscow. The move marks a shift toward coordinated global economic pressure to end the war. Trump echoed the warning, hinting at penalties for “anti-American policies” amid escalating geopolitical tensions.
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