I remember this in the news around the early 2000s, just after East Timor was officially established.
Amazing what a far wealthier and powerful country can still choose to nitpick and exploit on an impoverished one.
Australia didn't need these energy reserves, it would be doing great without...
Will have to see how much % of the total trade it replaces USD with:
LCS Indonesia and China will reduce transaction payments using US dollars as the currency commonly used in international transactions.
It depends on the wargaming and intel (SoKo+Japan+US) have done w.r.t how many would survive and sustain (to launch past the first and second waves of interdiction done by allied forces on NoKo artillery). We layfolk have little access to such info.
If that number is low (compared to starting...
Sure, but by using USD as the trade mechanism with whatever largest trade partners you have (incl growing source of own defence threats)....you essentially subsidize a good amount of US jobs in the end already (given we all treat USD now as same "quality" as USD pre-2008...when it really isn't...
To add to what you mention....
A big issue with PPP (as good as it improves upon just using exchange rate for GDP) is it also has to stick to official price levels reported by the country.
So the issue is lot of hidden inflation is inevitably missed....as the CPI index (especially its...
Continuing to participate in the USD global system (i.e strongly recognising it as defacto international seignioriage standard, and keeping massive forex reserves of it, and commiting near 100% of external trade/invstment in it) in light of how the US Fed continues to inflate it in last 12 years...
https://www.business-standard.com/article/companies/hero-cycles-delivers-first-batch-of-made-in-india-e-bikes-to-europe-121062600657_1.html
India's Hero Motors Company (HMC) Group has said that Hero Cycles has successfully delivered its first batch of Made in India e-bikes to Europe.
The...
I been following some of this convo, but I do not know the underlying context etc...so I am probably overthinking lot of this, but just for sake of reaching more complete possibilities....
It did occur to me (if we do not know context of how "ballistic" is exactly applied to such ramjet system...
GDP measure for developing (non-integrated) economies during cold war is extremely overrated and flawed.
There was barely any trade (certainly little with open capital account) going on....compared to say the trade between developed countries and their trade with highly resource-surplus...
Great post.
In India case the underlying frontier programs related to what you are mentioning here are HSTDV (Scramjet) and SFDR (Solid Fuel ducted Ramjet).
I plan to create dedicated threads for each (and other programs of note) soon for ease of the interested readers and also plan to give...
It would just be a crossing the t and dotting the i kind of thing officially.
CSIS etc through 5-eyes intel network is already pretty much a robust foreign intel service.
https://www.bbc.com/news/world-us-canada-57602903
A Canadian government report on the downing of a Ukrainian jet has found no evidence it was "premeditated", but said Iran was "fully responsible".
Ukraine International Airlines flight PS752 was hit by two missiles after taking off from Tehran...
Dedicated thread for IAC Program (current IAC-1 INS Vikrant under construction and future ships/ecosystem as well).
Previous relevant posts made on it will be brought to and archived here as time permits.
Some recent snaps taken:
It wont be a direct intense impulse, Indian power is not going to grow that suddenly to do such anyway...rather it will be thermostat ramp largely commensurate to how the disparity in the relative economic and power levels evolve this decade.
Recent example...
Where possible, give a short summary (or some pertinent screencap analysis etc) in English with non-English videos as you post them....so international forum members here can get basic gist of it etc.