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Intelligence for Better Decision Making
Erudite Risk takes an all risks approach to intelligence reporting. We categorize key intelligence into one of 40 different risk intelligence categories.
The goal is to provide intelligence that allows decision makers to avoid being blindsided by what they may have missed, while informing them to make better decisions as well.
Erudite Risk also includes operations categories so you can monitor the environment for better decision making. Everything is tied together--what happens in risk affects operations and what happens in the market impacts risk profiles.
We categorize key intelligence into one of 30 different operations intelligence categories.
Different roles and functions within the organization can monitor different key issue areas. HR may monitor employment, wages, regulations, labor and management relations, etc., while P&L leaders may monitor overall developing trends.
Ship fire: ICG, Navy and IAF execute high-risk operation tow burning Singaporean ship away from coast
Times of India | English | News | June 16, 2025 | Accidents
Indian maritime forces executed a successful operation to tow the MV Wan Hai 503, a distressed Singapore-flagged container vessel, away from the Kerala coast, preventing a potential environmental disaster. On June 13, control was transferred to an ocean-going tug, Offshore Warrior, as the vessel drifted towards the shoreline due to worsening weather and strong winds. Despite adverse conditions that grounded aerial operations, a Navy Sea King helicopter facilitated the safe boarding of a salvage team.
The vessel is now being towed westward at a speed of 1.8 knots, approximately 35 nautical miles offshore, with three Indian Coast Guard (ICG) Offshore Patrol Vessels escorting it and continuing firefighting efforts on board. Although thick smoke and some hotspots persist, authorities stated that a significant environmental crisis has been largely averted due to the ICG's rapid response. The ICG is coordinating with the Directorate General of Shipping to keep the vessel at least 50 nautical miles from Indian shores until further action is determined by the ship's owners in accordance with international protocols.
Reset with Canada, Trump tariffs, Iran-Israel tensions to dominate as Modi leaves for 3-nation tour
The Hindu | English | News | June 16, 2025 | Geopolitical Conflict and Disputes
Prime Minister Narendra Modi is set to embark on a three-nation tour to Cyprus, Canada, and Croatia starting June 15, 2025, marking his first international visit following the strikes on Pakistan during Operation Sindoor. The tour includes participation in the G-7 summit of developed economies, concluding on June 19. Modi will be the first Indian Prime Minister to visit Cyprus since 2002 and Croatia since its independence in 1991. His focus will be on discussing India's fight against terrorism and holding Pakistan accountable through various international platforms.
During his visit, Modi is anticipated to meet Canadian Prime Minister Mark Carney, aiming to reset strained diplomatic relations and address law enforcement concerns linked to the Nijjar case. The discussions could include allegations against Indian officials by the Royal Canadian Mounted Police (RCMP). Additionally, Modi will meet with U.S. President Donald Trump for the first time since Trump claimed to mediate an India-Pakistan truce, which India has rejected. Other leaders at the G-7, including French President Emmanuel Macron, will also engage with Modi on critical global issues including the Israel-Iran conflict, economic repercussions of U.S. tariffs, and energy security.
Modi's first stop in Cyprus will involve discussions with President Nikos Christodoulides about the stalled India-Middle East Economic Corridor (IMEC) and plans to bolster bilateral relations between India and Cyprus. The visit serves as a strategic message to Turkey regarding its support for Pakistan. The final leg of Modi's tour will be in Croatia, where he will meet with Prime Minister Andrej Plenković to enhance bilateral cooperation, notably in trade and technology, as well as streamlined movement for Indian labor professionals.
India could slash value addition rules in desperate counter to China’s magnet blockade
Hindu Business Line | English | News | June 16, 2025 | Geopolitical Conflict and Disputes
If China's stranglehold on the supply of rare earth magnets does not ease in the coming days, India is considering relaxing its domestic value addition requirements and permitting the import of complete assemblies in the sector. This potential action is viewed as a last-ditch effort to mitigate rising import costs and avoid delays in flagship manufacturing schemes. Currently, automakers in India face delays in visa approvals and negotiations with the Chinese Commerce Ministry, preventing them from importing necessary rare earth magnets.
Over 35 Indian companies, including major names like Brakes India and Hitachi Astemo, source rare earth magnets from China for various automotive applications. While many companies have begun obtaining end-user certificates necessary for importing these materials, Sona Comstar's application has reportedly been rejected. Government analysis suggests that current supplies of rare earth magnets may last until the end of June, while private estimates extend this to July 15.
In April, China enacted export restrictions on rare earth magnets, aiming to ensure that these materials are used for civilian purposes only. The certification process involves multiple approvals, including verification by the Chinese Embassy in India. India's overall rare earth magnet imports are around 3,600 tonnes, with the automotive sector accounting for approximately 870 tonnes. Disruptions are anticipated for companies such as Tata, Mahindra, and Maruti, as rare earths play a crucial role in electric vehicle components and various automotive technologies.
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