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No harm in letting some time play out this year and lets see. I have feeling this is all mostly above our pay grades here.

If you find an official "international standard" in reporting this data...I'd like to see it....as there is no international agreement on reporting and journalism....but there is definitely an accepted definition of what trade is. WTO, World Bank etc...all define and report trade as both goods...

Yah it is why it need to be grounded on some constant consumption basket as far as possible. So in Turkey case, it would be total Lira size of economy minus the inflation of Lira (over the period measured from). Now how you define, calculate that inflation (to get real growth) is the govt...

Trade: the action of buying and selling goods and services. "Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market." Let me know if you find a definition that...

Yah bro, US govt has issued immense amount of national debt since 9/11 coz of the 2 major war spending programs creating deficit they needed to borrow from others....not to forget the 08 crisis that made it worse too. Thus it means there is lot more USD in the world system's liquidity...

It (USD conversion of nominal Lira GDP by direct extrapolation of exchange rate to whole economy) is significant, but about to 1/3rd level (at most) of total economy. That's because Turkey imports is about 230 billion USD (2019), out of total nominal economy of around 750 billion USD...

(I post in this section because UAE is hosting the multi-nation exercise) https://timesofindia.indiatimes.com/india/iaf-set-for-first-ever-drill-in-strategic-persian-gulf-region/articleshow/81284925.cms NEW DELHI: In the first such endeavour in the strategically-located Persian Gulf region...

https://www.thecricketmonthly.com/story/1252109/harbhajan-singh-remembers-india-2001-series-win-over-australia Great read @Saiyan0321 @Joe Shearer @Jackdaws et al. (dunno/forgot if @VCheng is cricket fan) Arguably the best test match ever....and quite possibly the best test series too...

With the Shekhar gupta analysis vids in general, I tend to agree/strongly agree with a lot/most of what he says (though I sometimes staunchly disagree with certain parts or even whole premises too, but that is only natural with any other person in the world). But it is rare I strongly agree...

Wow man, you are giving the hard potent steel lately, good job. I have mentioned very similar here recently: https://defencehub.live/threads/canadas-parliament-declares-chinas-treatment-of-uighurs-genocide.5297/#post-55804

The dedicated freight corridor project will free up 70% of india's railway network (working at or over capacity).....much like de-clogging vital arteries! A massive improvement to economy logistics this decade will result.

@Zapper @crixus @Vergennes @Indos et al.

Many of these things should have been done 10, even 20 years ago. But better late than never: https://economictimes.indiatimes.com/news/economy/policy/how-domestic-and-foreign-companies-are-upbeat-about-pli-scheme-to-make-india-a-manufacturing-powerhouse/articleshow/81247166.cms Looks like...

When service trade is included (at it should be given the immense role in world economy in trade)...US shares greater/greatest trade relationship with many (incl EU, India, developed countries in general and many others).

LOL, we been hearing this for few months now. We want a name of the country! @500 any inside scoop on it?

X-posting from BR :ROFLMAO: (Credit to "thakur B"): The whole INSAS replacement saga can.be summed up as under: Army: We don't want INSAS MoD: What do you want? Army: Multi Caliber vaporware. MoD: Were you able to find one? Army: Nah, that was stupid. MoD: Try this Mk1C thing. They finally...

https://www.bbc.com/news/business-56218058 As pharmaceutical giants ramp up production in the race to vaccinate the world, one firm has shot into the lead. The Serum Institute of India (SII) isn't a household name, but it's the world's largest vaccine maker. The firm churns out 1.5 billion...

Brazilian media:

Enough folks finally grown a bit of a brain and realised that IR doesn't need to build the stations too. Hope model expands and also involves major (esp. urban) station renovations this decade. Apparently 400 railway stations privatisation is the current goal. India's 2.8 trillion market...

You mean exports? Yes its problem if exports given little value addition (i.e less export of meaningful turkish productivity). Importing large amount of raw material is not a problem if it gets processed, value added (by productive skill intensive jobs) and exported to world markets. Good...