Latest Centre for Strategic and International Studies News & Updates

Washington, June 13 (IANS) Elon Musk became the world’s first trillionaire after SpaceX completed the largest initial public offering in history, with investors pushing the rocket and satellite company’s market value to about $2.1 trillion on its first day of trading.Shares of SpaceX closed at $160.95, up more than 19 per cent from their IPO price of $135, capping one of the strongest major market debuts in recent years. The surge lifted the value of Musk’s stake in the company and cemented his …

Beijing, March 17 (IANS) Chinese Communist Party (CCP) General Secretary Xi Jinping’s long-term ambitions regarding Taiwan remain unchanged as he continues to strengthen political control over People’s Liberation Army (PLA) which operates more as the CCP’s military arm than a national institution, a report has detailed citing details from the ChinaPower Project at the Centre for Strategic and International Studies (CSIS). Xi’s yearslong purge of senior military and defence officials, it me…