Search
AI-powered search, human-powered content.
scroll to top arrow or icon

{{ subpage.title }}

- YouTube

Why Pakistan sees China as a "force for stability"

Pakistan’s most important relationship may be its deep strategic partnership with China. The two countries have close security ties and economic alignment, especially when it comes to managing their mutual adversary India. On GZERO World, former Pakistani Foreign Minister Hina Khar gives her view on the China-Pakistan relationship, which she sees as a stabilizing force in Southeast Asia. Given so much geopolitical uncertainty right now, Khar explains, the world has just started noticing Pakistan and China’s strong ties. But the relationship goes back decades.

Read moreShow less
- YouTube

India vs. Pakistan: Rising tensions in South Asia

Could tensions between India and Pakistan boil back over into military conflict? Last May, India launched a wave of missile attacks into Pakistan and Pakistan-administered Kashmir, claiming it was targeting terrorist infrastructure. After four days of dangerous escalation, both sides accepted a ceasefire, putting an end to the most serious military crisis in decades between the two rival nuclear states. On GZERO World, former Pakistani Foreign Minister Hina Khar joins Ian Bremmer to discuss Pakistan’s perspective and where the conflict stands now.

Read moreShow less

Pakistan needs to stand up to India, says former Foreign Minister Hina Khar

After nearly eight decades of on-again-off-again conflict, India and Pakistan neared the brink of all-out war last spring. The intense, four-day conflict was an unsettling reminder of the dangers of military escalation between two nuclear-armed adversaries. Though the ceasefire was reached and both sides claimed victory, Delhi and Islamabad are still on edge and tensions remain high. On the GZERO World Podcast, former Pakistani Foreign Minister Hina Khar joins Ian Bremmer to discuss Pakistan’s response to India’s strikes, which she believes were unjustified, and why Pakistan needs to defend itself from further aggression.

Read moreShow less
- YouTube

Why India and Pakistan can't get along

When–and why–did India and Pakistan become bitter rivals? The Indian subcontinent is home to some 1.5 billion people who share deep cultural, linguistic and historical ties, but for nearly eight decades, the Indian-Pakistan relationship has been marked by tension, violence, and sometimes all-out war. On Ian Explains, Ian Bremmer breaks down the complicated history of the India-Pakistan conflict to understand why tensions are once again rising after a military clash between the two countries in May 2025.

Read moreShow less

Supporters react during an election campaign rally for Sajith Premadasa, leader of the Samagi Jana Balawegaya (SJB) party, ahead of the presidential election, in Colombo, Sri Lanka September 18, 2024.

REUTERS/Thilina Kaluthotage

Sri Lankans go to polls at pivotal moment for economy

On Sept. 21, Sri Lanka will hold its first presidential vote since the spectacular economic meltdown of 2022, when the pandemic-scarred country defaulted on its massive debts, imports dried up, and widespread shortages of basic goods developed. Images of angry protesters invading the luxurious estates of the president and prime minister appeared on television screens around the world.

Following a government shakeup, new President Ranil Wickremesinghe negotiated a bailout with the IMF that helped to stabilize the situation. He is asking voters this weekend for another five years in office to continue the work of rebuilding the economy, but the tough terms of the IMF program have undermined his support.

We asked Eurasia Group expert Rahul Bhatia what to expect from the upcoming election.

What are the main issues for voters? Is the IMF program a campaign issue?

Economic issues have naturally taken center stage in the election as Sri Lanka continues its fragile recovery. While shortages of everyday essentials such as food, fuel, and medicines have subsided, there is still widespread discontent over the increased cost of living and reduced welfare programs. The IMF bail-out mandated austerity measures such as tax hikes and subsidy cuts, which have increased hardships for many Sri Lankans.

As a result, most candidates are campaigning on promises such as cutting taxes, raising the salaries of government employees, providing subsidies for low-income groups and farmers, and lowering fuel and electricity prices. None of the frontrunners have opposed the IMF program in principle, but most have promised to renegotiate it.

How far has the economy come since the crisis of 2022?

The economy returned to modest growth in the second half of 2023, and inflation, too, has eased to normal levels from its peak of nearly 70% at the height of the crisis. Nevertheless, economic output declined by 9.5% over 2022 and 2023, and it will take time for it to return to pre-crisis levels. About one-quarter of the population still lives below the poverty line, as the economic crisis and subsequent austerity measures have disproportionately affected low and middle-income families. Overall, Sri Lanka’s economic situation remains precarious, and it will need a stable government to complete its recovery.

Who are the frontrunners in this election?

Amid a field of 38 contestants, there are four clear frontrunners: the incumbent Wickremesinghe, opposition leader Sajith Premadasa, the leftist Anura Kumara Dissanayake, and Namal Rajapaksa, scion of the Rajapaksa family that once dominated the island's politics but has been largely discredited by the economic crisis. (Then-president President Gotabaya Rajapaksa fled the country after angry protesters invaded his residence in July 2022.) This means the presidential election will effectively be a three-way contest between Wickremesinghe, Premadasa, and Dissanayake.

What are they offering?

Veteran politician Wickremesinghe is campaigning on steering the country out of its worst economic crisis in modern times. Meanwhile, Premadasa and Dissanayake have sought to exploit the unpopularity of his austerity measures and have promised to ease the burden for Sri Lankans. They have also leveled charges of corruption against Wickremesinghe.

Premadasa comes from a well-known political family, but Dissanayake was a marginal player in Sri Lankan politics until recently. His popularity has risen rapidly over the last three years on the back of the protest movement that ousted Gotabaya Rajapaksa and an effective grassroots campaign. While Premadasa enjoys the support of the country’s Tamil minority, Dissanayake has captured the imagination of the youth.

What are the challenges the next president will face keeping the recovery on track?

To retain the IMF’s support, the government will have to reach a budget surplus, which could prove challenging given the welfare measures the candidates have proposed. The next president will have to balance improving the everyday lives of Sri Lankans and reducing the country’s debt burden.

The next president will also face a parliament dominated by the Rajapaksa-led Sri Lanka People’s Front, which was elected in 2020. Premadasa and Dissanayake, in particular, would find it difficult to pass legislation without a parliamentary majority. Both would thus likely call for parliamentary elections before the end of the year as one of their first actions.

Will these elections reverberate beyond Sri Lanka’s borders?

Given Sri Lanka’s towering debt obligations with foreign creditors and strategic location in the Indian Ocean, many countries have a vested interest in the island nation’s political and economic stability. India would prefer a Premadasa or Wickremesinghe presidency, though it has indicated it would work with any of the four frontrunners. Apart from political stability, New Delhi will prioritize limiting China’s influence on the island—a concern the US and Japan share. It will also seek to bolster connectivity between India and Sri Lanka and push the next president to grant the Tamil provinces a degree of autonomy.

China continues to have a sizeable economic footprint in Sri Lanka, but its influence has waned with that of the Rajapaksas. Former president and prime minister Mahinda Rajapaksa and his brother Gotabaya were close to Beijing and oversaw a range of Chinese infrastructure projects on the island, partially contributing to its debt problems (China still accounts for about half of Sri Lanka's bilateral debt). Nevertheless, Dissanayake is thought to have close ties to China, and if he becomes president, it could allow China to regain some of its influence.

Edited by Jonathan House, Senior Editor at Eurasia Group.


People celebrate the resignation of Bangladeshi Prime Minister Sheikh Hasina in Dhaka, Bangladesh, August 5, 2024.

REUTERS/Mohammad Ponir Hossain

PM Hasina resigns, flees Bangladesh amid violence

Bangladeshi Prime Minister Sheikh Hasina resigned early Monday and reportedly fled the country amid violent mass protests. On Sunday, around 100 people, including at least 13 police officers, were killed in clashes across the country, as security forces struggled to contain some of the worst violence since independence in 1971.

Read moreShow less

India's Prime Minister Narendra Modi addresses the media on the first day of the five-day long special session in New Delhi, India, September 18, 2023.

REUTERS/Adnan Abidi

Is India’s Narendra Modi preparing a historic surprise?

On Monday, India opened its first special session of parliament since 2017, and expectations are rising that Prime Minister Narendra Modi will use the short session to make an historic – and maybe controversial -- announcement.

Read moreShow less
Meet the party that runs China
Meet the party that runs China

China in the (South Asian) ‘hood

As China faces pressure and criticism from the West for not changing its “neutral” stance despite Vladimir Putin’s actions in Ukraine, Beijing is trying to create space for itself by shoring up old allies and mending fences in its rough neighborhood.

Read moreShow less

Subscribe to our free newsletter, GZERO Daily

Latest