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India Embraces Act East Policy: What It Means For ASEAN And The World?

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India is stretching its arm towards ASEAN nations, embracing the collective bloc by forging strategic collaborations. Indian Prime Minister Narendra Modi is scheduled to embark on an ASEAN tour soon, which outlines how valuable the southeast is to India regarding mutual trade and commercial proceedings. Also Read: Investors Pivot To ASEAN Amid Weak US Data Assumptions Act East Policy: India-ASEAN’s United Front Source: George Chan / SOPA Images / LightRocket / Getty Images Modi’s Diplomatic Mission to Southeast Nations Modi’s visit to the Southeast Nations is a testament to their age-old cultural mechanisms and heritage. PM Modi will soon be visiting Singapore and Brunei Darussalam, two prominent ASEAN nations, in the quest to launch compelling new collaborations that may help benefit the nations involved. Strengthening Ties Through Act East Policy To foster this narrative, India launched the Act East Policy, an undertaking in which India would float crucial policies to strengthen its ...

Vitalik Buterin and Polygon co-founder to help send $100M toward COVID-19 research

Research into “Long COVID” and furthering medical infrastructure development will be the two main focus areas for Buterin. Ethereum co -founder Vitalik Buterin is working with India-based crypto fund Crypto Relief and Polygon co founder Sandeep Nailwal to send $100 million towards COVID-19 research and medical infrastructure development in India. Buterin and Nailwal will receive $90 million in USD Coin (USDC) from Crypto Relief, while Buterin will provide $10 million out of his own pocket to further the cause. The two will then help distribute the funds.  According to a January 2022 Twitter post from Nailwal, Crypto Relief will transfer the funds to Buterin in order for the India-based crypto fund to remain in full compliance with their local laws. The first installment went towards tackling the COVID-19 pandemic in India through “emergency humanitarian relief.” Crypto Relief describes itself as a community-run fund which has delivered financial relief to India during the COVID-19 ...