More assets seized for Western companies.Article is just the headline at the moment. Anyone know what Putin signed?
West = rest of the worldFrom the NY times article linked above on the chip war:
I got to say, the level of arrogance and delusion here is absolutely insane. So what the guy is saying is that you need to "replicate all of human civilization" to match the West in chips technology? I mean, this isn't surprising considering the West consistently believes it's responsible for all human innovation in the last few thousand years, but it's still amazing to hear the hubris.
It will make their decline all the more satisfying. Pride always comes before the fall.
Just as the US dares not touch Russia or China directly, Russia and China may use third parties and other elements to spark strife in the US homeland, e.g. political polarization and the ensuing mistrust, economic imbalances, drug trade.American leaders feel safe and are sure that Russia and China would never dare to touch even a farthest edge of American territories whether it be home or abroad with those hypersonic missiles or any missiles no matter how many they have. Invulnerability of NATO is still convincing.
With the recent Leopard KO's and other debacles (Bradley IFV I am looking at you), the image of NATO equipment invulnerability has been shattered.Invulnerability of NATO is still convincing.
Gulf Arabs is realistic place to have rupee trade. India has invested in this relationship. India also not unnecessary get close to countries like Turkey and others.
Over the years, India has played a crucial role in the capacity building of Syrian youth through scholarship schemes and training courses under the flagship Indian Technical and Economic Cooperation (ITEC) program.
Majority of remittances India received are from the middle east, UAE in particular, so in effect those Indian workers are receiving their salary in Rupee instead of Dirham.Gulf Arabs is realistic place to have rupee trade. India has invested in this relationship. India also not unnecessary get close to countries like Turkey and others.
India also gives scholarships to Syrians. The Minister is walking in the street.
See this Japan PM statement. Saudi Arabia is the leader of Arab and Islamic World. countries are noticing it.
It is not just workers. I am sure Indian business employee alot of them.. Just Dubai real estate market one time i saw figure between $600b to $1T and Indian are major part of it. now other Emirates states are equally competing.Majority of remittances India received are from the middle east, UAE in particular, so in effect those Indian workers are receiving their salary in Rupee instead of Dirham.
So win win on all side, the Indian workers can sent their remittances without a cut from the middle man, India can trade using their own currency and UAE gain new orders for its oil.