Global investors are increasingly directing their capital towards India’s $1.3 trillion sovereign debt market as they seek alternatives to the tumultuous and uncertain economic environments of China and Russia. This shift marks a significant development in the landscape of international finance, reflecting both a strategic realignment and an expression of confidence in India’s economic stability and growth potential. The primary catalyst for this surge in interest is the geopolitical and economic turbulence that has marred investment landscapes in China and Russia.

The U.S. State Department has approved a potential Foreign Military Sale to the Taipei Economic and Cultural Representative Office in the United States (TECRO) of Switchblade 300 Anti-Personnel and Anti-Armor Loitering Missile Systems and related equipment. This sale, valued at an estimated $60.2 million, was certified to Congress by the Defense Security Cooperation Agency. TECRO has requested 720 Switchblade 300 All Up Rounds (including 35 for testing) and 101 fire control systems.