Economic Ties Strengthen as Taiwan Moves Supply Chains to India
Politics

Economic Ties Strengthen as Taiwan Moves Supply Chains to India

Taiwanese businesses are shifting their supply chains from China to India as Taipei and New Delhi improve commercial ties amid escalating global trade concerns. According to James Huang, chairman of the Taiwan External Trade Development Council, Taiwan's foreign direct investment (FDI) in India totalled $665 million between 2018 and 2023. This contrasts with $277 million in FDI from 2006 to 2017. "It is evident that more Taiwanese companies are moving supply chains out of China and are establishing them in India," Huang told reporters. Despite the lack of formal links with Taiwan, India ha

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Piyush Goyal Pushes for Enhanced Trade Ties with UK, Germany, and Italy
Politics

Piyush Goyal Pushes for Enhanced Trade Ties with UK, Germany, and Italy

Piyush Goyal, Union Minister of Commerce and Industry, met with counterparts from the United Kingdom, the European Union, and New Zealand during the G7 trade ministers' meeting in Italy, according to an official statement released Wednesday. Goyal welcomed UK Secretary of State for Business and Trade Jonathan Reynolds and addressed the progress of India-UK FTA negotiations. He also met with Valdis Dombrovskis, Executive Vice President of the European Commission, to discuss ways to strengthen India-EU trade and continue FTA negotiations. In conversations with Antonio Tajani, Italy's Depu

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KP Sharma Oli Sworn in as Nepal’s Prime Minister for Fourth Time
Politics

KP Sharma Oli Sworn in as Nepal’s Prime Minister for Fourth Time

On Monday, KP Sharma Oli took the oath as prime minister of Nepal for the fourth time, spearheading a coalition government that would work to stabilise the country's politics. On Sunday, President Ram Chandra Paudel formed a coalition with the Nepali Congress (NC), the biggest party in Parliament, and other smaller parties; he also appointed the head of Nepal's biggest communist party. The 72-year-old Oli assumed his position following Friday's vote of no confidence that forced Pushpa Kamal Dahal "Prachanda" from office. Since the Nepali Congress was still settling its internal conflicts,

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Bangladesh Favors India for $1 Billion River Project Over China
Politics

Bangladesh Favors India for $1 Billion River Project Over China

Bangladesh Prime Minister Sheikh Hasina stated her desire for India to carry out a $1 billion river development project, aimed at easing New Delhi's security concerns. Although China is prepared, she expressed her preference for India to lead the project during a press conference in Dhaka on Sunday. To improve water management along the Teesta River, China and India collaborated on a restoration and comprehensive management project. During her June visit to New Delhi, Hasina focused on the 414-kilometre Teesta River, which flows from India into Bangladesh. The Indian state of West Bengal r

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Sheikh Hamdan Bin Mohammed Becomes Deputy PM and Defense Minister
Politics

Sheikh Hamdan Bin Mohammed Becomes Deputy PM and Defense Minister

In a significant cabinet reorganisation that the United Arab Emirates (UAE) announced on July 14, Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al-Maktoum of Dubai was named Minister of Defence and Deputy Prime Minister. According to Ruler Sheikh Mohammed bin Rashid Al-Maktoum, Sheikh Hamdan is a leader who loves his people and will considerably contribute to defining the country's future. Along with Sheikh Hamdan, Sheikh Abdullah bin Zayed Al Nahyan has been appointed to the positions of Deputy Prime Minister and Foreign Minister. Sarah Al-Amiri, Ahmed Belhoul, Abdul Rahman Al-Awa

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European Leaders Defend Biden Amid NATO Summit Gaffes
Politics

European Leaders Defend Biden Amid NATO Summit Gaffes

Following a series of mistakes made during a NATO conference, European leaders defended President Joe Biden, even though the European media had used these mistakes to paint Biden as unqualified to run against Donald Trump in the upcoming presidential election. Biden misspelt the names of Trump and Vice President Kamala Harris and incorrectly called Ukrainian President Volodymyr Zelensky "President Putin" at the summit. Macron of France and Scholz of Germany both maintained a diplomatic stance in the face of these gaffes, saying that everybody is susceptible to unfortunate slips of the t

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Starmer and Biden Discuss Closer EU Relations and Global Issues
Politics

Starmer and Biden Discuss Closer EU Relations and Global Issues

On Wednesday, United States President Joe Biden backed British Prime Minister Keir Starmer's plan to build stronger ties with European leaders during their meeting in the Oval Office of the White House. The presidents discussed Gaza and Ukraine's crises, US-UK ties, and England's recent win in the Euro 2024 semi-finals. According to a UK government statement, "The President welcomed the prime minister's recent comments on establishing closer relationships with our European counterparts, as well as the UK's commitment to AUKUS." They agreed that confronting global issues requires cooperatio

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Historic Moment: First 2000s-Born MPs Join UK Parliament
Politics

Historic Moment: First 2000s-Born MPs Join UK Parliament

The UK Parliament welcomed this week an influx of Generation Z lawmakers, a cohort comprising individuals born between approximately 1995 and 2012. Nine of the ten new Gen Z MPs represent the Labour Party, including the first lawmakers born in the 2000s. This marks a significant generational shift, reflecting the changing demographics and priorities of the electorate. On Tuesday, July 9, the British parliament met for the first time since British Prime Minister Keir Starmer secured a sizable majority in the previous week's election. Following the traditional order of business, PM Starmer,

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Thailand Appoints New Senate, Ending Military Era
Politics

Thailand Appoints New Senate, Ending Military Era

On July 10, the military-appointed Upper House was replaced by 200 new senators approved by Thailand's Election Commission (EC). Introducing a new legislative body, this action may make governance for the ruling Pheu Thai Party more difficult.  The new Senate will continue to review laws and select important members of powerful institutions like the European Community and Constitutional Court, but it will not vote on the prime minister's approval. Sawaeng Boonmee, secretary-general of the EC, blamed complaints that required investigation for the wait times in revealing the Senate e

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PM Modi’s Landmark Austria Visit: First in Four Decades
Politics

PM Modi’s Landmark Austria Visit: First in Four Decades

On a two-day visit to Austria, Prime Minister Narendra Modi landed in Vienna from Moscow. This is the first visit by an Indian prime minister to Austria in more than 40 years, since Indira Gandhi's visit in 1983. PM Modi will discuss geopolitical issues and look for ways to strengthen bilateral ties during his visit. He is scheduled to meet with Chancellor Karl Nehammer and President Alexander Van der Bellen. Nehammer, the prime minister, will also speak to Austrian and Indian business executives. To establish a stronger alliance, PM Modi stressed the importance of sharing the ideals of de

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