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Yup, because markets simply ask where is the underlying compensation coming from....i.e who pays for it. Turkish people (mid and long term wise especially)....that's who. New kind of bond/instrument and subsidy policy (to TL relative to forex) to patch over things is largely election driven...

May be dimly lit interior exercise setting nearby?

It is almost kind of a COTS add on (for customer). Embargo relates to the system as Turkey buys and integrates etc (from the countries that formerly sold them to Turkey). So now Turkey simply leaves it up to customer... Literally its same standardised set of data and power jack. If Germany...

The core fundamentals are not addressed. This is (domestic) capital assurance move (involving likely last amounts of govt seignioriage, trust and subsidy levers to try assuage depositors and savers). It is not as drastic as capital flight prevention move (which may still come next year)....but...

It looks like it will be a helicopter engine (for IMRH etc) for now: https://theprint.in/defence/french-firm-hal-in-talks-to-make-new-indigenous-chopper-engine-power-make-in-india-push/784178/

@AlphaMike

Congrats to Algeria! @CEZAYIRLI @HaZZan @Chakib larbi et al.

It is good to see Kidambi in form again, though he came 2nd best in end of tourney for silver: 2021 has been overall quite a good sporting year for India.

I think the twitter guy mixed up rustom II (MALE) reaching the altitude milestone..... with the separate HALE project which is just commencing.

Detailed design of mk1 (AMCA) has not finished yet....but it will be set in stone around GE-414 definitely. This JV engine will be for mk 2 AMCA in future iteration (looking at earlier article)...

https://www.thehindu.com/news/national/have-conveyed-to-us-russia-others-that-equipment-for-indian-forces-has-to-be-produced-in-india-rajnath/article37984581.ece He believes that Indian defence and aerospace manufacturing market will increase manifold. France has agreed to jointly build...

If you are fast enough and early enough, you can stop a small plane from taking off.... Brazil federales vs cartel

If interest rate is usury and is bad, why have it at 15%, 14% etc? That is like 3 times higher than non-islamic countries in developing world (India runs it at 4%) So are they more islamic actually in that way? Surely must prove the govt morality by reducing it to 0% altogether? This is...

Bro I understand what you mean, but how will there be establishment stability if there is constant "veto" above elected govt layer? Authoritarian vs liberal (in that elected realm) has not much to do with that in the end....as essentially there are higher power layers that are totally...

Some bits of footage here I haven't seen before:

@Bilal Khan(Quwa) can't help but want to flesh out a bit on your reply in gathering elsewhere (if you are interested to do so): I remember the days when a lot of Bengali folks were complaining about Hasina. This was circa-2010-2015-ish. Then after 2015, I started to hear (from people living...