The former Australian PM, who is in India to launch his book ‘The Avoidable War’, believes that under Xi, China is looking to extend a parallel sphere of influence to the West.
59-year-old Albanese has talked about making Australia a renewable energy superpower, strengthening the country's universal healthcare system and responding to an 'aggressive' China.
After strengthening strategic ties under Indo-Pacific and Quad, New Delhi and Canberra are now focussed on concluding the long-pending Comprehensive Economic Cooperation Agreement.
China has imposed a raft of trade measures blocking billions of dollars worth of Australian goods & has repeatedly said it’s been acting in accordance with international practices.
Morrison, who's tried to balance close trading ties with China & security alliance with US, said rivalry had created challenges for Indo-Pacific nations.
Joining a China-led trade arrangement because the US is unwilling to provide an alternative is a strategic equivalent of cutting your nose to spite your face.
Months after Victoria signed on to join BRI, PM Scott Morrison is seeking new powers to veto or scrap agreements that state governments reach with foreign powers.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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