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View: China as a security threat needs calibrated, smart economic responses

The US has prioritised dominance in technologies that will shape the future. India is a partner in that endeavour. But it will also have to identify its key areas and go about it in a calibrated manner. Economic predictability is essential to national security in the context of coping with China, which seeks to divide countries between economic and security priorities. ....

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US Debt Ceiling Talks Heat Up with Republican Demands for Spending Cuts

Republican House Speaker Kevin McCarthy vowed Monday to pass legislation to lift the US debt ceiling but only with federal spending caps. The United States hit its $31.4 trillion borrowing limit in January, prompting the Treasury to take "extraordinary measures" that allow it to continue financing the government's activities. But if the debt ceiling is not raised or suspended by Congress before current measures are exhausted, the US government risks defaulting on payment obligations as early as July. ....

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