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From Hormuz to the Eastern Mediterranean: India, Israel, and the Indo-Pacific’s Western Flank
This blog piece by Roie Yellinek analyses that IMEC’s promise—shorter India–Europe transit, hydrogen and digital bridges, an expanded I2U2 logic—remains strategically sound. Yet, grand connectivity visions still die of under-financing, under-coordination, and under-security. A corridor that outruns a shared threat picture is a corridor on paper. The western flank supplies that missing threat picture: Hormuz disruption, Red Sea predation, and the need for a trusted Mediterranean pier are not optional footnotes to trade, writes Yellinek. They are the operating conditions of the trade. Without that security grammar, IMEC risks the fate of other connectivity schemes: announced with fanfare, executed slowly, and forgotten the first time a missile crosses a shipping lane, Yellinek writes further. Read this piece here.
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Taiwan’s Electoral System and the 2026 Local Elections
Amid growing geopolitical tensions in the Indo-Pacific and increasingly complex cross-Strait relations, Taiwan’s elections have drawn significant international attention. However, while election outcomes are widely discussed, the electoral system itself is often overlooked. Understanding how Taiwan’s elections are structured is essential, as electoral rules shape political representation, influence policymaking, and determine how political leaders are selected. This report summarizes the key takeaways from the webinar, starting with a map of Taiwan’s electoral system and its unique features. On November 28, 2026, Taiwan will hold local elections for city mayors, county magistrates, county councilors, township mayors, township councilors, and village chiefs for a four-year term. In the webinar, the speaker further explained these elections and used them to discuss Taiwan’s current political climate and related issues. Read the full webinar report here.
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Two Dependencies, Two Logics: Europe’s Economic Exposure to the United States and China
A question often raised is how dependent Europe is on the outside world, as if there were a single measure of dependence. Niklas Swanström argues that there is not. In this issue brief, Swanström argues that Europe’s exposure to the United States (U.S.) and China differs in kind, not merely in degree. Europe’s dependency on the U.S. is concentrated in the financial and security sectors, and is demand-driven, comprising equity co-movement, dollar-denominated earnings, and deep, mutual investment ties that tend to stabilize rather than threaten. In contrast, Europe’s dependency on China is more physical and input-based, centered on rare earths, magnets, pharmaceuticals, solar, and clean-tech; reinforced through state-owned stakes in ports and grids; potentially weaponizable within days; and largely unreduced despite de-risking rhetoric, writes Swanström. Read the complete analysis here.
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China-Russia Relations: Where Is the Partnership Limit Between the Two Powers?
Danylo Stonis writes that the Russian invasion of Ukraine has exposed and tested the limits of the “no limit friendship” between Russia and China, showing that their interests do not always coincide. The declaration of boundless partnership against a backdrop of uncertainty regarding each other’s intentions, further exacerbated by inequalities in economic, geopolitical, and military spheres, creates conditions for conflicting geopolitical interests in regions where their spheres of influence overlap, writes Stonis. In other words, this brief analyzes China-Russia relations in the regions where their interests clash most, assesses the intensity of their strategic partnership, and hypothesizes possible scenarios for its future development. Read and download this brief here.
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From Silk Cage to Silk Noose-II: The Bay of Bengal Nexus: China’s Corridor Statecraft from BCIM (CMBC) to the Indochina Peninsula Stockholm Center
This Stockholm Paper, the second in the ‘From Silk Cage to Silk Noose’ series, examines the Bay of Bengal as an increasingly consequential theater of China’s regional statecraft. The ‘Silk Noose’ concept describes the cumulative strategic effect of relationships across economic, military, and other domains that can progressively narrow the room for maneuver of smaller states and alter the regional balance in China’s favor. As such, the Silk Noose should be understood as a process rather than an end. Edited by Jagannath Panda and Tristan Eng, this volume attempts to illustrate this process by bringing together analyses from various experts and scholars covering issues of hydro-geoeconomics; the evolution beyond BCIM; the China-Indochina Peninsula Economic Corridor; Myanmar’s political and military relationship with Beijing; China’s expanding role in Bangladesh; the blue economy; maritime strategy; and economic coercion. Read and download this Stockholm paper here.
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Hybrid Threats Overview: Baltic Sea Factsheet
Today, the Baltic Sea region is one of the principal arenas of strategic rivalry between the North Atlantic Treaty Organization (NATO) and Russia. Its highly developed digital infrastructure, extensive energy and transport networks, and proximity to Russia make it particularly vulnerable to hybrid threats targeting critical infrastructure, democratic institutions, and societal resilience. This factsheet examines the main tools of hybrid warfare and highlights trends in Russian hybrid activities targeting the Nordic-Baltic Eight (NB8) countries. It concludes with an overview of the current hybrid threat landscape in the Baltic Sea region.
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The U.S.-Venezuela Oil Deal: A Geopolitical Loss for China
Following U.S. Operation Absolute Resolve, which resulted in the capture of Venezuelan President Nicolás Maduro, the United States and the interim Venezuelan government, led by former vice president Delcy Rodríguez, have been working to reach an accommodation that would see Venezuela begin to democratize and U.S. interests represented. On August 28, an agreement took effect that transferred oil fields primarily operated by Chinese and Russian companies to American control. This piece by Christopher Peterstam analyses the Chinese response to this U.S.-Venezuela oil deal and argues that such a deal is a geopolitical loss for China. Read this piece here.