Russia's concern over Iran's nuclear programme is increasing with every passing day. Iranian authorities are showing un-willingness to accept Russia's proposal to enrich uranium in Russian territory. Russia is trying to resolve an international crisis over Iran's suspected nuclear weapons programme, though its position on Iran has rhetorically moved closer to the European "Troika" (France, Germany, UK). Russia agreed to Iran's referral to the UN Security Council on the condition that the council would take action only after the March 6 IAEA meeting.

In the post Yasser Arafat era, politics in the Gaza Strip is taking a completely different turn. For the last few years Ariel Sharon had taken a very tough stand against the militant group Hamas. However, now, particularly when Sharon is fighting for his life in the hospital, the Hamas's overwhelming victory in the Palestinian elections is likely to change the political dynamics of the region incalculably.

Two very important elections are set to take place in Israel and in the Palestinian territories - the Israeli Legislative Elections on March 28 and the Palestinian Parliamentary elections for the Legislative Council on January 25. Both events are beset with equal amounts of tension, confusion and turmoil, resulting in extremely strained run up to the elections.

On December 29, 2005, the Vietnamese foreign ministry accused Taiwan of being involved in the construction of a runway in the biggest of all of the islands, Itu Aba, in the disputed South China Sea. Also known as Taipingdao in Chinese, Ba Binh in Vietnamese and Ligaw in Filipino, it is strategically located in the region. Cumulatively, the South China Sea islands, covering about 200 islands and 800,000 square kilometres, are a bone of contention between Taiwan, China, Vietnam, Brunei, Malaysia and the Philippines.

Balochistan has once again flared up, as troops moved in on December 18, 2005 to discipline the recalcitrant Marri tribes in Kohlu district. By commencing its much-awaited operations in Balochistan, the Pakistan military broke a tenuous peace that had lasted for nine months since clashes in Dera Bugti had claimed over 60 lives. The present operations in Balochistan ostensibly started in response to the December 14 rocket attacks on Kohlu town during President Pervez Musharraf's visit to lay the foundation stone of one of the three new cantonments to be set up in the province.

At the end of 2005, China became the world's sixth largest economy if one were to look at the size of the Gross Domestic Product (GDP) alone. China 's GDP was estimated to be 15.99 trillion renminbi (RMB) i.e., around USD 1.98 trillion. It now follows the United States , Japan , Germany , Britain and France in GDP terms and is expected to emerge the fourth largest economy before the end of 2006.

The dispute over the price hike for Russian gas deliveries to Ukraine was settled on January 4, 2006 , when Russian energy giant Gazprom and Ukraine 's state oil and gas company Naftogaz reached an agreement on the supply of Russian natural gas to Ukraine through a joint-venture company Rosukrenergo. It focused international attention on Russia 's current policy shift and the mechanisms of its implementation.