Executive Summary: Terrorist groups in Pakistan frequently use high-denomination currency to finance their operations. Permitting a large number of high-value notes to be in circulation makes it easy for bad actors to transfer considerable amounts of money without a digital footprint, making illicit activities easier... MORE

Executive Summary: Islamist groups, including al-Qaeda in the Indian Subcontinent (AQIS), Islamic State in Khorasan Province (ISKP), and Islamic State in Hind Province (ISHP), attempted to destabilize India during the legislative elections from April to June with threats, anti-Hindu/anti-democratic propaganda, and terrorist attacks. Most of... MORE

Executive Summary: Moscow announced that it plans to remove the Taliban from its list of terrorist organizations to normalize relations with Afghanistan’s Taliban-led government to combat terrorism in the region. Russia sees the Taliban as its best partner to counter the threat from the Islamic... MORE

Executive Summary: The BRICS summit, held in Kazan, was met with great fanfare in Russian propaganda. Propagandists hailed it for its “epochal” significance. Moscow commentators promoted the idea that the BRICS summit demonstrated that Russia is not and cannot be isolated in the international arena.... MORE

Executive Summary: Azerbaijan and Pakistan signed a $1.6 billion arms deal in September to supply Azerbaijan with the joint Pakistani-Chinese JF-17 Thunder Block III fighter jets, strengthening the military partnership between Islamabad and Baku. In the last several years, Baku has been diversifying its international... MORE

Executive Summary: Azerbaijan announced its application for BRICS membership on August 20, which has been backed by Russian leaders and emphasizes Azerbaijan’s goal of strengthening ties with China following the China-Azerbaijan joint strategic partnership declaration in July. The increased importance of the South Caucasus region... MORE

Executive Summary: Mir Abdul Nabi Bangulzai is a well-known and well-liked Baloch guerrilla commander who gained renown for having been mistakenly declared dead in 2016 following a raid by the Pakistani military. Since then, Bangulzai has become a key figure in reconciling disparate Baloch militant... MORE

Executive Summary: Pakistan and Russia are discussing a potential liquefied natural gas pipeline (LNG) to deliver Russian LNG to Pakistan, opening another market for Russia’s sanctions-bound energy industry. Another project that Pakistan is working on is the Iran-Pakistan (IP) pipeline, which has faced numerous obstacles... MORE

Executive Summary: The PRC’s strategic use of and reluctance to establish military hotlines reflect a calculated approach to escalation risk, which can be seen in crises ranging from the accidental bombing of its embassy in Belgrade in 1999 to the present day. There is a... MORE

Executive Summary: Nathan Bawm is a former artist and activist who transformed an organization named the Kuki-Chin National Development Organization into the present-day Kuki-Chin National Front and the Kuki-Chin National Army (KNA), an ethnic militant group that stands in opposition to a key peace accord... MORE