'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.
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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#China
#HIMARS
#USChinaRelations
#BreakingNews
#WorldNews
#Geopolitics
#OneindiaNews
#IndoPacific
#ATACMS
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Indian External Affairs Minister Dr. S. Jaishankar met Russian Foreign Minister Sergey Lavrov in Moscow in a high-stakes diplomatic engagement, signaling deeper coordination between the two strategic partners. The meeting comes amid shifting global power balances and ongoing geopolitical turbulence, where both nations reaffirmed their commitment to a multipolar world order. Lavrov welcomed Jaishankar warmly, highlighting the growing role of SCO, BRICS, and G20 in reshaping international politics. Jaishankar emphasized that India and Russia’s shared goal was to maximize complementarity, expand cooperation, and prepare for the upcoming annual summit. Both ministers discussed political ties, economic trade shifts, and bilateral projects, finding what Jaishankar described as “a lot of solutions.” Their exchange underscored the resilience of the India-Russia relationship despite global uncertainties and Western pressures. With evolving world dynamics, the Moscow dialogue set the tone for stronger bilateral outcomes and reinforced the enduring nature of the special strategic partnership.
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