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45,000 crore INR ~ 5.5 billion USD The 12 MKI included are for attrition losses so far.

Highly distressing to read about. Some estimates are saying up to 20,000 may have perished or even more. May all the victims rest in peace. All our thoughts and prayers are with Libyan people to heal and recover from this tragedy. Their political situation w.r.t civil war exacerbating all of...

Our collective prayers continue for Moroccan nation and its efforts in rescue and recovery from the tragedy. The Moroccan ambassador to India recently gave statement thanking India for its offer of help in whichever way Morocco may require.

It's here for reference: https://defencehub.live/threads/economy-updates.112/page-217#post-281311 Summary of it is its better to focus on investment in core industries first over real estate. Any country (just like any collective or individual entity in general) wants to have maximum...

@Chocopie @urban mine @Windchime et al. https://asia.nikkei.com/Business/Business-trends/Hyundai-Samsung-develop-India-bases-for-Middle-East-Africa-exports NEW DELHI -- South Korean conglomerates Hyundai Motor and Samsung Electronics are developing their Indian operations to boost sales in the...

Quite a few of the older asianometry videos goes into the reasons why and so on. Down to specific people and teams iirc.

On the subject, I get lot of my information on the details and challenges regarding all the countries involved from this channel (Asianometry) for some years now: https://www.youtube.com/@Asianometry/videos He does a pretty objective job (and does some interesting analysis on other topics too...

Moved the semicondutor geopolitics chat to a better thread for it, one that @Bogeyman has diligently been updating a long while now: https://defencehub.live/threads/what%E2%80%99s-harder-to-find-than-microchips-the-equipment-that-makes-them.10680/ Folks, please keep this thread strictly for...

There is pricing/time between these two (shipping and air). i.e trading off price and time. Air gets really expensive for the amount transported, the items have to be very premium on timely delivery generally. Thats why worldwide (where routing available for all) rail and road handle lot of...

No, its not a dream for India or US (cutting out China out of world future). It will be a hedge, that is all. There is deep extensive economic relations between US-China-India in all directions even with political relations declining between China and the other two. There is no absolute to be...

Guys I have moved most of the later replies to the IMEC thread now. Anything IMEC related, best to continue conversation there. Thanks. https://defencehub.live/threads/india-middle-east-economic-corridor-imec-thread.18303

Moving the conversation here if any members want to take discussion further (especially any non-Turkish foreign policy related etc). The initial reply quotes can be used to see origins of this thread in the TR foreign policy thread.

In any case, I am waiting for more details to come out over next few months and then next year. Then I will pass more judgement. The issue with BRI was it was done at large scales (build it and they will come) quite recklessly, I don't see the same here as its region specific between two...

Suez is at near full capacity, even with its ship size restriction. Its why the largest cargo ships (that offer the lowest shipping prices) already go around Africa instead. How a land corridor (rail and road) competes in the region for various tiers of goods that have more premium w.r.t...

Do you understand what ship-ship routes are compared to for goods that are more time and corridor sensitive? Do you literally understand what the whole premise was for BRI compared to expanding more shipping and harbour capacity...given shipping pricepoint is by far the lowest? Why China...