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Global South. Echoing India's thought Russia wants to project BRICS as non-Western and not anti-Western concept. “BRICS is not targeted against anyone…it offers alternative instruments, which are supposed to be safe from the politicised Western architecture, including in the context of de-dollarisation.

Houthis, a Yemeni rebel group, are attacking commercial vessels. As a result far fewer ships are using the Suez Canal, a shortcut from the Indian Ocean to the Mediterranean Sea. The volume of trade passing through the Panama Canal, which connects the Atlantic and Pacific Oceans, has declined by 30% since November, after severe drought hit its reservoirs, lowering the water level.

Since its formal iteration by Prime Minister Modi at the Shangri-la dialogue in 2018, India’s Indo-Pacific policy has undergone transformative changes. Almost six years down the road, today, it is not only seen as an ambitious outreach campaign but also a tool for India’s strategic recalibration with Indo-Pacific countries. Navigating systemic and strategic constraints, a rising power India has made good attempts in both making friends and alliance building, as well as in managing intense rivalries with China and Pakistan. From a Valluvarian perspective, adeptness at balancing the complexities of super power competition and regional conflicts, can be seen as the essence of India’s Indo-Pacific gambit.

BEIJING (Reuters) — China's coal imports from Australia picked up in 2023 after a ban of nearly two years was lifted, but they remained below pre-ban levels as the supplier tries to regain market share from cheaper competitors Mongolia and Russia.

Microsoft reported that state-backed Russian hackers successfully infiltrated the company's corporate email system, AP reported. The breach affected accounts of key members of the leadership team, and employees in the cybersecurity and legal departments, it added. The intrusion commenced in late November 2022, with Microsoft detecting it on January 12.

Microsoft said on Friday that a Russian state-sponsored group hacked into its corporate systems on Jan. 12 and stole some emails and documents from its staffs' accounts. A Russian hacking group known in the cybersecurity industry as Nobelium, or Midnight Blizzard, used a «password spray attack» starting in Nov. 2023 to breach a Microsoft platform, the company said in a blog. Hackers use this technique to infiltrate a company's systems by using the same password across multiple accounts.

An estimated 320 journalists around the world were imprisoned because of their work toward the end of 2023

first nuclear warhead in four decades in response to the Russian invasion of Ukraine. According to 'The Mirror', Thomas Mason, Director of the Los Alamos National Laboratory in New Mexico, has said that the US is adding a new weapon of mass destruction to its arsenal to keep up with the threat of nuclear war from countries such as Russia and China.

Bank of Canada governor Mark Carney issued a warning at the World Economic Forum that global supply shocks are becoming more persistent, forcing central bankers to adapt to tame inflation.Carney, who also previously led the Bank of England, spoke on a panel in Davos, Switzerland at the WEF summit Thursday about how central bankers ought to adapt their approaches for the modern economy.He said the current regime has been successful so far in taming the ongoing inflationary period, as some of the supply shocks following the height of the COVID-19 pandemic and Russia’s invasion of Ukraine have unwound and higher interest rates globally have limited demand in the world economy.But he warned that central bankers cannot rest on their laurels amid ongoing geopolitical tensions and a changing economic context.“We are in a world, I would suggest, where we are going to see additional supply shocks with some relatively high degree of certainty with some persistence,” Carney said.“Effectively, the world is being rewired.”Though Carney did not directly reference Houthi attacks in the Red Sea forcing companies to divert cargo away from the key shipping corridor, he said trade routes are being “rewired” to “derisk” global supply chains.Energy systems, too, are being rewired to address climate change concerns, Carney said.

The projected cost of replacing the aging nuclear missiles buried in silos across the Great Plains has soared by more than a third to $107 billion, the Pentagon said, a development that comes as China pushes ahead with an expansion of its arsenal. The problems at one of its priority programs put more pressure on the Pentagon’s funding for other programs as it wrestles with the prospect of cuts over the next several years unless Congress can agree on a broader budget deal.

Russia’s Central Bank has warned citizens about a crypto “scam” project based on the hit drama series The Boy’s Word: Blood on the Asphalt.

Japan is set to attempt a soft landing on the moon's surface with the Smart Lander for Investigating Moon early Saturday morning (January 20). The country seeks to join the exclusive club of nations achieving a successful soft landing on the moon. The United States, Russia (erstwhile USSR), China, and India have accomplished this feat, leaving Japan eager to overcome its exclusion.

SpaceX has launched Turkey's first astronaut along with a Swede and Italian to the International Space Station

The U.S. hit a United Arab Emirates shipping firm and its 18 vessels with sanctions after it transported Russian crude oil above the $60 per barrel price cap

France has announced more deliveries of its Caesar artillery system to Ukraine and is accelerating weapons production to avoid depleting its own military stocks while continuing to support the war effort against Russia’s invasion

Davos, where the 54th annual World Economic Forum meeting is taking place. The forum has consistently served as a global stage for leaders from diverse fields, addressing pressing challenges and exploring innovative solutions for a better future together. As we reconvene this year, with the fragile geopolitical situation globally, there is a renewed sense of urgency and shared responsibility powered by the energy and enthusiasm generated by the convergence of over 3000 global leaders.

JPMorgan Chase & Co. has seen an increase in hackers attempting to infiltrate its systems as the Wall Street giant and its rivals continue to deal with a surge in global cybercrime, according to Mary Callahan Erdoes, who leads JPMorgan’s asset and wealth management division.

By Huw Jones

With war in Ukraine, tensions in the Taiwan Strait and South China Sea, Israelis fighting Hamas in Gaza, and missiles flying through the skies from the Red Sea to Pakistan, Davos Man wants to know how Uncle Sam plans to restore order. The Biden administration doesn’t want its allies and adversaries to think things are spinning out of control, so Secretary of State Antony Blinken and national security adviser Jake Sullivan dropped into Davos to reassure all and sundry that the Americans are on the job. Mr.

growth in earnings for the quarter ended December. However, the growth in both topline and bottomline is expected to be in single digits because of a weak show by the oil-to-chemicals (O2C) business. Meanwhile, numbers across parameters are expected to drop sequentially mainly because of the O2C vertical. Consolidated revenue of RIL is likely to rise 5% YoY to Rs 2.31 lakh crore, but fall about 2% sequentially, according to the average of estimates given by nine brokerage firms. Consolidated net profit is expected to grow 9.3% YoY to Rs 17,257 crore, but drop nearly 1% sequentially. Earnings before interest, taxes, depreciation and amortization or EBITDA is expected to increase 4% YoY to Rs 40,030 crore, but fall sharply by 11% sequentially. The toy-to-telecom conglomerate is scheduled to release its earnings after market hours on Friday.

Bharti Enterprises chairman Sunil Mittal says Vodafone Idea urgently needs $7-9 billion capital infusion to survive and a patient investor who has the wherewithal to withstand negative cash flows for some years. In an interview with Sruthijith KK on the sidelines of the World Economic Forum Annual Meeting in Davos, Mittal said ARPU (average revenue per user) needs to increase as 5G has been a huge load on telcos without any revenue coming through.