Turning points After the elected Prime Minister Sheikh Hasina was ousted from Bangladesh in August, 2024, the country sunk into chaos and turmoil for 18 months. Amidst rising disorders, the results of the 13th National Election, declared on February 13, 2026, by the Bangladesh Election Commission (EC), gave a clear victory to the Bangladesh Nationalist Party (BNP) and its allies. […]

President Xi Jinping has set his sights on a “powerful” currency befitting China’s growing stature on the world stage, one that could challenge if not erode the U.S. dollar’s decades-long dominance in financial markets. But the Chinese yuan, or renminbi, is unlikely to become a key player in foreign exchange reserves without sweeping structural reforms that Beijing has been hesitant […]

It’s reasonable to speculate that this might be another tacit quo pro quo that India agreed to as part of its trade deal with the US alongside its earlier reported planned reduction of Russian oil. Local media reported just ahead of Macron’s visit this week that India’s recent approval of a nearly $40 billion defense package includes the purchase of […]