Headlines

India’s Central Asia missile sales spark a new Great Game

A flurry of landmark arms deals is reshaping Central Asia’s strategic landscape, as regional states leverage alternative defense suppliers to assert their sovereignty amid Russia’s waning dominance and an intensifying Sino-Indian rivalry. Indian Defense Secretary Rajesh Kumar

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Israel votes again but the arithmetic hasn’t changed

TEL AVIV – Every Israeli election of the past decade has been sold as the last chance to save the country, and every one has ended in the same place: a long night of counting, followed by weeks of bargaining among men who swore they would never sit together. The vote on October

Asia •

India’s rate hike a loud warning shot for Modinomics

It’s not often that events in Mumbai reverberate through global markets. But the Reserve Bank of India’s first interest rate hike in almost four years speaks volumes about the chaotic state of play. The inflation slamming Asia’s third-biggest economy and the rupee’s drop to

Asia •

Indonesia should count the real cost of its mineral incentives

Every year, the Indonesian government forgoes taxes it could collect. Through tax holidays, rate cuts and exemptions, it courts investment while easing the burden on households and small businesses. Economists call this “tax expenditure” because giving up revenue is another way

Asia •

Bit by bit, the Taliban is losing control of Afghanistan

Five years after seizing Kabul, the Taliban’s strongest argument for international acceptance rests on control. The Taliban governs every provincial capital and faces no conventional army capable of marching on Kabul. It repeatedly cites improved security as proof that

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