Iran’s 2025–26 unrest reflects simultaneous pressure on economic stability, political legitimacy, and state coercive capacity, marking a critical juncture for the Islamic Republic.
The Dutch Disease has evolved. In today’s Global South, it is no longer driven only by oil and gas but by aid, remittances, and strategic rents that create fragile, consumption-led economies while eroding state capacity, productivity, and social trust.
India’s shift toward Hindutva governance has transformed identity into policy. As citizenship, culture, and power merge, over 28 crore minorities are pushed to the margins—fracturing institutions, normalising exclusion, and leaving long-term scars on the republic’s social fabric.
On January 3, 2026, the capture of Nicolás Maduro by US Special Forces brought a thunderous end to twenty-five years of Bolivarian rule. As Washington moves to oversee the reconstruction of Venezuela’s energy infrastructure, the world is left to grapple with the return of naked unilateralism and the uncertain future of a nation sitting atop 300 billion barrels of oil.
For nearly three decades, the Taliban have pursued a singular vision of faith enforced through violence and law. From massacres and forced identification under the first Emirate, to insurgent-era sectarian terror, and now a legal architecture of exclusion, their rule has steadily erased Afghanistan’s religious pluralism, pushing minorities toward extinction.
The Indus Waters Treaty is facing its gravest test as India’s unilateral actions on the Chenab transform water from a shared resource into a tool of coercion. In a climate-stressed region, disrupted river flows and suspended data sharing threaten Pakistan’s agrarian economy, food security, and regional stability.
As 2025 ends, Yemen’s anti-Houthi coalition collapses. The Saudi-UAE split leaves rival militias and foreign powers vying for control, deepening the humanitarian crisis.
AQAP’s threat against China marks a shift from rhetoric to execution, rooted in Al-Qaeda’s decentralized global architecture. By using Afghanistan as a coordination hub and relying on AQIS, TTP, and Uyghur militants of the Turkistan Islamic Party as local enablers, the threat is designed to be carried out far beyond Yemen. From CPEC projects in Pakistan to Chinese interests in Central Asia and Africa, the networked nature of Al-Qaeda allows a geographically dispersed yet strategically aligned campaign against Beijing.
As scrutiny mounts over the Taliban’s tolerance of TTP sanctuaries, Kabul has attempted to deflect blame by alleging that ISIS-K operates from Pakistan. This false equivalence ignores the historical origins of ISIS-K in eastern Afghanistan, its sustained campaign of violence against Pakistan, and verified intelligence showing that the group’s operational depth remains rooted inside Afghan territory.
Despite consolidating internal control and boosting revenues, the Taliban remain structurally incompatible with the 2025 global Counter-Terrorism Financing regime, as sanctions, militant linkages, and gender persecution block financial reintegration.