Russia ups rates 3.5% to defend the ruble in a deeply troubled but counterintuitive wartime economy

[@ThePrintIndia]

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[@Mike-rw1jw]

Gupta ji, ....... THIS IS TOTALLY UNFAIR When you have huge sponsors running ads on your channel it is unfair to solicit subscription from general public. Besides, you were NOT raided by ED, IT, CBI because you ignore big lapses of the central govt and bjp in general and even sugar coat and downplay major issues. Hence, NO SUBSCRIPTION

[@Star-ds4sd]

Election in Russia Biggest Joke Of 2024 😂

[@VijeDerm]

Fantastic SG, also a message and lessons for India in case of future wars, coz we are not commodity producing nation.

[@navinbhatia9936]

INTERST rate in top economies in August2023 in percentage USA-5.25 China-3.55. Japan-minus 0.15, Germany-4.0, India-6.5, UK-5.25, France-2.2, Brazil-13.25 Saudi -3.7, Turkey-25.0, Canada-7.2, Italy-5.4, Russia-12

[@whatslifespurpose]

Please list the debt to GDP ratio for the same list of countries and open your eyes to reality. Russia has one of the lowest debt to GDP ratio.

[@kaustubh14jr]

Well france and germany cannot have different rates. ECB sets the rate for all eurozone.

[@tylerclayton6081]

@@whatslifespurpose Russia debt has almost tripled since last year but it was lower than other countries before because Russia is one of the poorest countries in the top 20 economies and unlike the others, they have a poor economic outlook for the future with rapidly aging and rapidly declining population. Russia can’t afford to have more debt because their currency is worthless outside their own country. More debt would require them to print more roubles which would reduce the value of their currency and increase inflation. That doesn’t happen to the dollar because it’s the most valued and sought after currency in the world and it’s value is always growing USA, China, Japan the world’s top 3 economies have a total debt of 250% to 300% of GDP. Because they can afford to and it helps grow their economies. Life for the average person is much better in these countries than in Russia

[@tylerclayton6081]

@@kaustubh14jr Yeah, France interest rate is actually 4.25%. Anything less would be ridiculous since they still have 4% inflation

[@theindian2226]

Thanks Mr SG for the valuable information

[@GinzaGeorge]

Complicated. Thank you.

[@libshastra]

While we are on the topic of Russia, Shekarji, I think you should re-evaluate who handles the long form shows about Foreign Policy at the Print. The style, manner and conduct of Interviews and Debates has devolved into cacophony and badgering. The interview with FM of Sri Lanka and the Debate between C Raja Mohan and Sanjaya Baru were particular low points. Case in point: When a Foreign Minister of a country says "it is a domestic matter", badgering him after that statement for a response is irresponsible and detrimental to the national interests of both countries (starts an unnecessary diplomatic incident). One wonders why is the host forcing such a response?

[@zetaforever4953]

Wut??? How can a journalist asking questions be a diplomatic incident? Just because he's a foreign minister doesn't mean he can't lie and evade to make himself/his govt look better. All Pakistani ministers say the same nonsense (domestic matter) whenever questioned about minorities being abused in their country. I don't see anyone defending their right to domestic privacy, then. Newsflash: politicians can lie, both on the national and international forums. You can keep badgering them to get at the truth.

[@oyehoyemon2286]

I too remember that debate with both CRM and Baru getting progressively annoyed throughout the discussion. Points to ponder on how to improve

[@libshastra]

@@oyehoyemon2286 that was not a great debate. There was circular questioning, logical leaps - the host was very ill prepared.

[@harisundar8698]

A war torn economy of Russia was rarely discussed in India, while we were discussing so much of land grabs and defeats. Rare insight of the fluctuations of the economy despite sanctions.

[@venugopalkoka2888]

Nice update on the Russian economy. Shekhar can make any topic interesting!

[@surendrabarsode8959]

Good account by Shekhar.

[@vinodkbg]

One important fact Shekhar wisely skipped - the reason behind sifnificantly lower life expectancy of Russian men - Vodka

[@ns4543]

Can you please change the Ad

[@mg.f.9023]

‘ Russia is undergoing increasing “yuanisation,” where the yuan’s role in Russia’s economy is growing, which might mitigate sanctions but entails risks and vulnerabilities vis-á-vis China. Russia’s isolation and dependence on China means a bleak future for the Russian state and its people. ‘ - SCEEUS Report 5 July 2023

[@AMehra-im1gr]

Why do you want that?

[@navinbhatia9936]

$ appreciation or depreciation against major currencies in Q2 of 2023. (Source -US Fed) Euro- Minus 0.6% Japanese Yen-8.6% UK Pound- Minus 2.9% Chinese Yuan-5.5% Indian Rupee--NIL Mexico Peso-Minus 5.1% Brazil real -Minus 5.5%

[@SeeLasSee]

Revanchism is not going to profit Russia any longer. Getting away with Crimea in 2014 was a bounty that made Putin popular again. Trying to repeat a lucky streak rarely works.

[@CosmicValkyrie]

Russia is not annexing parts of ukraine for those reason. Are you not aware?

[@FakeAssHandsomeMcGee_]

@@CosmicValkyrie They are not annexing? They already did last year.

[@CosmicValkyrie]

@@FakeAssHandsomeMcGee_ I meant the other territories. Crimea is already part of russia. Soon more will be added. Odessa will soon be added.

[@FakeAssHandsomeMcGee_]

@@CosmicValkyrie Soon? Maybe that was believable last year. Not today.

[@FakeAssHandsomeMcGee_]

@@CosmicValkyrie Remember how the Russians had a sign in the city of Kherson saying they would be there forever? That sign got taken down by you know who.

[@msafiri123]

Good insight and analysis. Looking behind the headline financial figures. Well researched. 👌👌

[@SeeLasSee]

We can only hope that the Russian bear will got hibernate sooner rather than later. Put an end to this useless territorial imperialism.

[@user-gf5dr5nq6l]

before than we hope that the eagle starves and dies, now coming into asia to create another nato like group and making countries fight each other as the eagle did in europe

[@zetaforever4953]

​@@user-gf5dr5nq6l Europe has never been as united and peaceful as in the post WW2 period. How can anyone "make" Europeans fight, when they've been killing each other for thousands of years. If anything the killing has gotten remarkably tamer in the past few generations. Not to say America isn't a bitch, because it is. But for this idiotic war the blame lies squarely and solely on Putin's shoulders.

[@markwtal9453]

​@@user-gf5dr5nq6lyou think? I have to say since Europe and america build NATO, we hadn't have wars between countries in Europe. The only things that happened where kugoslavia\serbia trying to kill 40 % of it's population and Russia trying to conquer others. The rest of Europe had peace. So you should probably be in favor of a NATO style alliance in Asia. You'd probably be a part of it not to far in the future.

[@CosmicValkyrie]

​@@markwtal9453lmaoo. India will never be a military ally of USA. The sun will freeze before that happens.

[@CosmicValkyrie]

​@@markwtal9453also, you want to explain the situation of cyprus? Both greeece and turkey have been at each other's neck for decades and people of cyprus have their lived destroyed. It may not be important enough for you to note but those people care. Nato has done nothing to protect them. Nato is not a defensive alliance. It is a mechanism to control Germany and pin down Russia. Nato existed before the warsaw pact and its motives are explained.

[@amritpalsingh3293]

Sir a CTC on Newsweek and China's interference in it. Also, since ten months, Russia has gained Bakhmut and on the offensive in Kupiansk. What i have seen is a general dismissal of Russia in general. They are fighting directly and indirectly against 30 of the most powerful economies and still managed to grow.

[@mg.f.9023]

Russia is now exporting mercenaries to Africa

[@Stallion_1044]

The thing is that Russia is the aggressor here, not Ukraine. Russia Started this war, to finish it within five days but still the war is going on for almost 500 days without any conclusion. Russia had the World's second largest powerful military capacity and largest arsenal of nuclear weapons. They were able to take back Bakhmut after a heavy fight because they used Wagner fighters as cannon fodders. Russia had to suffer immense loss of their soldiers, an internal coup, economic sanctions and mostly importantly brain drain from Russia. These are going to bite Russia in the coming years.

[@kvineet631]

They managed to get bogged down in a "special military operation" for over 500 days. Plan to stop NATO expansion has done the exact opposite and now they're dealing with a thousand km long frontline, mobilized soldiers, rebelling mercenaries and a wartime economy. Growth you said?😂😂

[@absusup]

russia has proved itself to be a weak , power - this ukriane war will be the end of russia

[@smitchandrakar4652]

​@@kvineet631isn't those just Russia things? You need to acknowledge western kind of peace is what would be considered ideal but Nations have personalities. I'm not Russia is Putin but I would say not very different from it. They'll survive. At what cost yeah well Russians are known to pay in bl**d and all.

[@mg.f.9023]

“Whether or not patriotism is the last refuge of the scoundrel, national security can be the last refuge of the tyrant. - Robert Walker,

[@libshastra]

Tu sirf gore logo ka hi quote karta hai, tu kabhi Premchand nahi padha kya? Itna derascinated ho aap ki app apna desh ka unek intellectuals bhol gaye ho.

[@mg.f.9023]

@@libshastra Gandhiji ko tum logone cancel kar lia hai… 😅

[@libshastra]

@@mg.f.9023Gandhi ke alawa aur bahut log hai. It is a big country. Gandhi isn't the one intellectual.

[@sandeeproy1327]

​@@libshastraIf you had read Rabindranath Tagore, from home, you would've known how he despised 'nationalism' and was a Globalist. A true 'Vishwa-Kobi', as he is called, as against the contradictory, fake Vishwaguru. You can't be a Nationalist AND a Vishwa-Anything, by definition.

[@mg.f.9023]

@@libshastra Yes, but Mahatma Gandhi's guidance is a big hinderance to your ways of thinking.. That's why you guys got him killed...

[@vijayvarade8077]

Russian data should be taken with grain of salt . It is estimated over 300000 highly skilled people have left Russia , Russian oil and gas revenue for the first 6 months of 2023 has gone down by 48 percent . Auto and aviation industry is mostly destroyed . Fortunately Russia is blessed with oil and agriculture but Russian standard of living will suffer tremendously. So far Russia managing by selling gold and dipping into national wealth fund which was $198 billion in Nov. 2021 and $148 billion in Jan. 2023 and probably much lower now .

[@AmanBansal-v1b]

You forget to mention that russia's debt to gdp is so low and their government rarely depends on borrowing for their budget, compare it to india where 35% of budget comes from borrowing and percentage is much higher in case of America. So, it is easy for russia to hike rates by 400 basis points, as it will not effect the budget much. Some people really think that russia economy is really weak but following a prudent economic policy is a sign of weakness then let it be, atleast they are not creating growth by just printing the money.

[@PeterSedesse]

that has nothing to do with what Fed interest rates do. Russian can't borrow money, they have no access to outside bond markets. The Fed interest rate is how much it will cost Russian companies to borrow money to expand. At 10%, no companies will be borrowing money to building anything. The ruble has dropped 50% in 8 months.. it is a mess.

[@mg.f.9023]

“Soviet Union foreign policy is a puzzle inside a riddle wrapped in an enigma, and the key is Russian nationalism.” - Winston Churchill

[@prabhakarkrishnaswami4148]

With China's economy slowing, how will it affect Russian economy? Anyway, increasing the interest rate by 350 basis points in one stroke looks ridiculous to me. Its going to have huge impact on the purchasing power of ordinary russians.

[@lolxlol1127]

Their economy is going down, which doesn't imply that Chaina's total annual income is also decreasing.

[@sreenathgopinathan4002]

Russia seems to be following the footsteps of Turkiye Er-Dog-anomics

[@pradeepsen356]

Shekhar-ji...for the first time I found a bit of insight and research lacking in this episode. The Russians are not being forced to defend. They have chosen to defend the territory - with 3 intricate lines of defence - they have captured in the Donbass. And the Ukrainians are not making gains every day as you imply. I would venture to say you may be following more of the Western mainstream media to get news on the conflict. The forex reserves you have indicated are not discounted for the US$ 284 billion frozen by USA and NATO. Wrongfully or rightfully is another debate. There is a strong parallel - cash - economy running in Russia. Would make a fair estimate to say it is around 35% of the total - formal + informal - which would make it very sizeable. You can do the math. So far the summer resorts are full, flights to Dubai/Egypt/Turkey/Thailand are all full, markets are stacked and the sanctions are yet to pinch the common man. No doubt the Chinese are watching closely like a hungry predator waiting to move with dirty investments but the Russians are yet not foolish to get into the debt trap. Am now writing from Russia and I travel to Russia often on work.

[@rkrao5363]

Pradeep: Thanks for your inputs. Didn't expect Shekhar ji to pull a "fast one" on subscribers! 😠

[@aritrodasgupta2019]

what he meant was "they're being forced to defend, where ideally Russia would rather be on the offensive; Russia may not have anticipated the dogged Ukrainian defence".

[@pradeepsen356]

@@aritrodasgupta2019 ...Well I guess Shekhar-ji is the only one who knows what he meant. The perspective on the Russian side - as I understand through my sources - is to secure the areas under control - read Donbass. Once the Ukrainians get eroded in terms of manpower and machinery through the counter-offensive then the Russians would cautiously move across the Dnipro River. Now all of us are armchair geo-politicians and defence experts So we will never actually know what is being discussed and planned in the inner echelons of Kremlin.

[@tejraju]

@pradeepsen356 Welcome to the club! We have been saying the same thing for a while. Shekhar only reads and follows western liberal think tanks. He says, "Putin thought that he would defeat Ukraine in 3 days!" which is a favorite talking point of the western media. Which isn't true. No aggressor has ever come in with 1,40,000 troops when the victim has a 7,50,000 strong NATO trained & equipped army. That ratio is insurmountable! It looked like Putin came with aggression to hopefully find a negotiator like he did previously with the Minsk accords; all he got was a comedian western puppet. Shekhar keeps saying Putin is trying to maintain a facade of no war. Russians are not dumb, Putin's speeches to them are objective and not filled with quotable quotes like Biden. They know what is goin on and that this is a war for their survival as NATO is right at their doorstep. And the exodus is good for them because now the ones inside Russia are fully supportive of Putin. Coming to the economy; small hiccups are to be expected during war. Even the great British empire broke down by the end of WWII...even after stealing 45 trillion from us. But Putin has planned well, timed it well and now with the upcoming BRICS currency, dollar is finally seeing their bullying days coming to an end. Shekhar will have to eat his notes by the end of this war. Enjoy your travels in Russia 🤘

[@Stallion_1044]

The thing is that Russia is the aggressor here, not Ukraine. Russia Started this war, to finish it within five days but still the war is going on for almost 500 days without any conclusion. Russia had the World's second largest powerful military capacity and largest arsenal of nuclear weapons. They were able to take back Bakhmut after a heavy fight because they used Wagner fighters as cannon fodders. Russia had to suffer immense loss of their soldiers, an internal coup, economic sanctions and mostly importantly brain drain from Russia. These are going to bite Russia in the coming years.

[@GururajBN]

Russia may be down but not out. Glad to hear that. The world needs more countries which can defy the Western hegemony.

[@sandeeproy1327]

You sound exactly how Hitler justified his wars 😑

[@mg.f.9023]

Russians do not want the war, Putin and his war hungry colleagues want the war. A Nation that has no free speech, no free press, no democracy than the wishes of the authoritarian leadership is not the voice of the people of Russia..

[@CosmicValkyrie]

​@@sandeeproy1327you sound very naive.

[@poo-tinthedwarfbunkerb1tch535]

lmao, and yet you need the same western "hegemony" to help deal against chinese land grabs...the mental gymnastics by some indians is insane...

[@GururajBN]

@@sandeeproy1327 - Another useful idiot!

[@shashidharreddy2959]

May be russia could hire indian for man power and pay them in those excess rupee they have

[@maheshjambardi771]

They can train Indian manpower in India and then take them on rotation to Russia. Russians can also invest the excess Rupees they have in India to open defence production that benefits India first and then eventually export back to Russia once the sanctions are gone. If they don’t do it soon, they will have to buy from China. Seems like your suggestion is a win-win for Russia and India. 👍

[@mahi98goodguy]

It's not war but "Special military operation"😂😂😂

[@nachisuggi3220]

war should end

[@durastar2024]

Suppose we extrapolate the Russian figures with India having a similar war with China adjusting values scientifically, how are we going to look like?? Can you please do a programme on this. 🙏🙏

[@alexsilent5603]

USA wants to throw India to war against China, just like it used Ukraine against Russia.

[@NoMustang273]

...what are you asking exactly?

[@durastar2024]

@@NoMustang273 See the entire program again & then read my comments twice........if you don't understand let me know your mother tongue I will respond immediately as desired by you. God bless you. 🙏🙏

[@bhaskarroy6760]

Problem with Indian ultra-nationalist - anti-West, also anti-China, and Russia is a small economy and living as a pet for China.

[@CosmicValkyrie]

Anyone who doesn't want to be a dog of the West would do well to be anti west.

[@kislayajha4712]

Sir can you throw some light as to why more and more Drone attacks are happening in Moscow city? It's so much inland in Russia. Everyday there is some news of a thwarted attempt of a Drone attack on Moscow city?

[@FakeAssHandsomeMcGee_]

Air defenses are not perfect. Stuff gets through and wars tend to bring out innovative people. Ukraine wants to survive so they are motivated to find ways to make do with less while most Russian soldiers would rather be in Russia with their families instead of dying because Putin miscalculated.

[@suhasdhamorikar5890]

They shall have to resort to exporting oil and Gas at subsidised rates to india, China to strengthen rubble

[@15keshaw]

this Russia-Ukraine war is an eye opener for Saudi that u can't rely on US.

[@PeterSedesse]

GDP includes Gov't spending. It is not surprising that Russia's GDP is growing because they spent through all their war chest reserves and are now deficit spending in huge amounts on the war. Gov't spending is great when it includes education, roads, bridges, airports and things that will help the economy grow in the future. But Gov't spending is bad when it is mostly equipment that is being destroyed in Ukraine. If you build a school for $5 million dollars that will educate young people for 30 years, that is a good spend...... when you spend $5 million dollars on a tank that goes to Ukraine and is destroyed in a month, that is not a good spend. Russia started this war with $700 billion in the bank.... $350 of it was immediately seized because Putin stored it in western banks (not a genius move), and since then, the remaining $350 was used up in June 2023. Why did Wagner drop out of the war in June? no more contract. All the crazy mutiny stuff came after that, but the fact is Wagner retreated out of Bahkmut because their contract ended on June 1st, and they stopped being paid by Russia.

[@pravinsarvade7608]

IMF Russian growth improved 2024 0.3 from earlier -2.3 and biggest outpfomer is Russian war and defence industries and still growing in still most sanction countrie in the world and 1/3

[@panzerofthelake506]

But those industries are state funded, therefore it's not legitimate growth

[@priteshangane7290]

The global coverage is the only thing worth seeing by Shekhar Gupta. The India coverage has submitted to be an elaborate defense of the ruling BJP government. Keep watching the global coverage, the rest is just careful nitpicking of data to show a government cautious India story.

[@dandmello5283]

❤❤❤❤❤ 👍👍👍👍👍 E&OE... errors and omissions well given to the ShekarGupta's journalism.. I admire the young man The-Walk-TheTALK TV days too❤❤❤

[@krishnanramakrishnan472]

Good luck SG

[@micecollective7555]

Putin and Russia will suffer huge bad karma for their murderous actions, they will lose big time.

[@apoorvgupta2511]

From few previous cut the clutters China : Has skilled labour but does not have jobs Russia: have jobs but does not has skilled labour

[@user-gf5dr5nq6l]

India: has no jobs and no skilled labour

[@Star-ds4sd]

😂 ❤ 😅

[@rang499]

India don’t have both jobs and skilled labor, no value for education , mtech person applying for bank clerk, railways clerk, etc jobs

[@Star-ds4sd]

@@rang499 Indian M Tech Junkies 🤣

[@krishnanramakrishnan472]

Just going to listen

[@jaydeepgadhavi5465]

Where is the chart of Russian forex reserves from? How come Russia earn USD if they can't sell them ? Haven't many western countries frozen Russia's reserves?

[@samindherreddy]

They are using 2dry markets like Kazakhstan, UAE ,Syria etc

[@Bruh-og8rb]

Putin should go to himalayas. Peace for him, peace for us, peace for everyone.

[@gauravkanwasi7084]

24:08 why don't Indian go to Russia they(Russia) have enough resources to educate/teach them about work and Russia also has surplus rupees so the people who go Russia for employment they can sent that money to their families in India that might decrease the surplus rupees that Russia have it's a win win situation for both Russia and India Russian getting human resources and maintaining their economy and India will have less headache of Russia having surplus rupees(note: all the money won't be thrown into the market) and Indian both talented and others get jobs

[@bhikaribaba34]

शेखरजी - नए कपडे नया कुरता - सत्य पाल मलिक का इंटरव्यू न करना बोनस मिला क्या?

[@SoumitriD]

Even before I watch the vd. Ur less than a 2014 blogger

[@pardeeptandon]

Russia is exporting all its natural resources Via China and is importing all it needs through China. Russia has managed the Western economic sanctions rather well. Even India has been forced to buy Russian oil in Rambabi / Yuan.

[@zetaforever4953]

That would imply that China has managed the western sanctions on Russia well, no?

[@ranjitpal9937]

Does This GDP ( 4 % ) Growth Includes Military Productition On Going For Ukraine War

[@markwtal9453]

Yes. The economy itself went down considerably. In 2022 Ruzzi economy was stable or grew a bit because of oil exports. That's over now. India and china buy very cheap, so Ru doesn earn a lot. But they have to produce for their war. That's what keeps them afloat. That's why they have no unemployment, too.

[@babanagrahim5439]

Putin - Kira Maukaura samjhe the kya

[@sdolui009]

For the most part so many counterintuitive 😂

[@krishnanramakrishnan472]

We need to look where his money is coming from... The counter intuitive.. In his own words

[@tapemaj]

Oh No , Russia and its Central bank !! Boring topic today … 😅 I shall pass todays CTC .

[@mahabaleshwarpandit2378]

Growth in Russian economy means West led Ukraine war has practically failed.

[@krishnanramakrishnan472]

Can never be neutral and still managing a company

[@ChigozieNnaemeka-qz1vf]

Russia have tak3n germany as the largest economy in europe

[@kabzaify]

@@Arnold_Slater1223PPP

[@krishnanramakrishnan472]

Like Newsclick his money comes from from disparate users.

[@bhuvanajagarapu7977]

6:47 all of nato and America come on SG America is part of NATO .

[@CosmicValkyrie]

No he's right. America is the owner of nato. So it is correct to name it separately.

[@North_Lights]

@18:50 in case if you don’t know more than half of Russian foreign transactions are not done in $ or Euro, $ vs Ruble foreign reserve doesn’t tell much about Russian economy. All import of Russia comes from Asia.

[@AkashSingh-gj7fn]

I don't understand the west-phobia in this country, all our IT service related revenue is generated via west, most of our diaspora is settled in west, we are in strategic partnership with west to counter China, then why this hate for west and extreme love for Russia, I understand the former soviet union has helped us in past but ground reality today is that our interests are more aligned with west than with Russia which is getting even more closer to China day by day. Now I am not saying to break friendship with Russia but what I am saying is to stop this anti-west propaganda. Heck even this video is on a platform started by a western country.

[@CosmicValkyrie]

You are extremely ignorant of the ground reality here. Who cares about some IT industries in the West? They do not have any impact on geopolitics. IT sector is inherently unstable hence irrelevant for politics. The country should not change it's policies for the sake of a few IT companies which are in fact causing brain drain. The indian americans are useless to india. They do not exert any pressure which benefits india and they have basically wasted national resources on their training and now are fuelling the American/western economy. So IT people are not important. It is precisely because of indian American voters that Joe Biden got the extra push for election. Joe Biden has been helpful for pakistan. So clearly not helpful for us.

[@CosmicValkyrie]

I can see you don't know anything about us foreign policy. Just recently, USA blew up German pipeline Nordstream 2. USA will stab its allies in the back for its own personal gains. With friends like this do you need enemies? USA has also been spying on German Chancellor Angela Merkel with the help of norway. Germany is the European pillar of nato. They also backstabbed France with the aukus deal.

[@CosmicValkyrie]

Also explain to me what interests do we share with USA? We are doing business and we also want technology. USA has been denying us many technologies and will only give us when we become a vassal state. They also continue to give $30 million usd to Pakistan every year. They just gave spare parts to Pakistan for f-16s. The quad is just for name. There is no serious effort to deal with china. Any relationship with USA is that of a master and slave. In this war europe is paying for the business interests of American military industrial complex. This war is just business for USA and their desire to suppress Russia. This is another aspect of USA. They will not allow anyone else to be top. Now they're going after Russia and China. If india becomes a larger market and economy, USA will change its attention to us.

[@AkashSingh-gj7fn]

@@CosmicValkyrie First of all I'd rather have US as world leader than China or Russia. Second of all why should they give their hard developed technology to us, why can't we build our own tech and industrial base equivalent to US or China instead of blaming US for not giving us technology blame the elected government and people for not investing in home grown technology and relying on west. Third of all US is doing a lot with Taiwan South Korea Japan Philippines to counter China, they are developing submarines for Australia. Of course they will be hesitant to go into a outright military alliance with India since we have strong Russia. Also it will be stupid for India to make any sudden strong moves towards such or any alliance we are walking a diplomatic tight rope and that's how should we proceed.

[@CosmicValkyrie]

@@AkashSingh-gj7fn if you sit on the fence long enough, you will get piles. I'm not asking for tech transfer but I'm asking for freedom from sabotage from the West. You may not be familiar that the indian nuclear industry has been constantly sabotaged right from the start from the mysterious death of homi j bhaba. Even now, there are foreign funded NGOs who are actively suppressing nuclear power plants. Plus they didn't develop all of their technology. They stole most of their rocket technology from the germans. So it's like they're some kind of angels. You don't seem to understand the situation with s korea, Japan and taiwan. USA is already looking to replace taiwan with new tsms factories in us mainland. Japan and s korea are simply puppet states who are on an allowance. Why would you want us as a hegemon? Nobody is asking for a unipolar world. You believe in this democracy nonsense. That is being used to destabilize governments across the world which are not conducive to us interests. Do you know about the coup in chile? US removed a democratically elected government and killed it's general and president. And replaced with a us puppet. All because it was a socialist government. Now I'm not a huge fan of socialism but it is none of my business what other people do with their country. Similarly, ukrainian president was removed by a us led coup in 2014. The so-called maidan protests. It resulted with an us puppet zelensky and a free reign to Ukrianian neo nazis. And they were shelling east Ukraine since 2014. No western media gave much attention. Civilians being bombed, women being snatched, tortured, raped, eats cut off and killed. All because they spoke Russian. There are European journalists who made documentaries but the media organizations did not want to show much of that. You can look up videos of 7-9 years ago about Ukraine. It's all there. You want this kind of world leader? Just admit it, you don't know anything about geopolitics and the reality of the world. Don't follow mainstream media blindly. You're the kind of person who will vote for kamala Harris because she made a video making idli like the rest of the indian American morons.

[@Kannadiga321-r4n]

Ukrainian counter offence coming

[@CosmicValkyrie]

Lmao, it is dead. Russians have started their offensive instead.

[@RavarsenBlogspot]

20:59 did Putin just say India doesn't produce quality products?

[@harshittiwari29]

No, it meant that India is not a manufacturing driven economy.

[@krishnanramakrishnan472]

Obviously not on crowdsourcing That he could have done it

[@gopinathkumar]

Please support and protect ex muslims, their lives are in danger. Thank you

[@rkrao5363]

🤔🤔🤔

[@gopinathkumar]

@@rkrao5363 Ibn Abas said : The messenger of allah said “whoever changes his religion, kill him. Grade Sahih (Darussalam) Reference : Sunan an Nasa 4059.

[@sankalp6872]

Russia is an ENERGY superpower. The US and EU need to keep it afloat to avoid a 1979 oil crisis-like situation. Russia is also Europe's most populous country (despite its slow growth or aging). It's a very resilient economy. Qatar has also used sanctions to its advantage.

[@impedimenta934]

Russia is not a European country.

[@mandarinandthetenrings2201]

You have to understand India doesn't trade with Russia in rubles so your not going to be affected. If you started trading oil in rubles and rupee you would be in big trouble right now. But you don't.

[@rohan8015]

​@@impedimenta934Russia is a European country. I think you are thinking on land mass basis , but it isn't so .Even Armenia and Azerbaijan are considered as part of Europe.

[@impedimenta934]

@@rohan8015 I get your point. But Russia is a transcontinental country.

[@audreychen5363]

@@impedimenta934country is not land but country is its people. Majority of the Russians live in the European side and have European heritage.

[@AkinapelliHarshithees]

There is a shortage of labours somewhere in the world Le indians: 👀👀

[@allah_phaad_de_rasul_ki_gaand]

See your father in my pic giving services🤣🤣

[@North_Lights]

🛑 You may want to stop your economic and financial opinion. You have no clue how forex markets, spot, forward and futures works. Yea few thousand people fled to Georgia, Kazakh, but that was late fall 2022 after Russian mobilization and at that time Ruble was very strong against $. you don’t even know the basic facts. The bank and corporations forex exchange is the large market forex market which determines exchange rates, not few oligarchs and people at the currency exchange at the border. Please stop giving this dumb economics opinions. Just stop 🛑

[@jaydeepgadhavi5465]

Meanwhile Russia said that it'll finally deliver the remaining S-400 systems to India shortly. Is the efficiency of the system accessed this past few months since war is arriving closer to Moscow?

[@mandarinandthetenrings2201]

I wouldn't hold my breath. Russia has screwed you with your pants on. Defense Minister Sergei Shoigu has stolen all of India's money slated for research and defensive. The Indian media is not allowed to talk about otherwise they will be arrest by the Indian police. You have no "Free Press" right now.

[@richier8898]

Sure gonna be some buyers remorse.

[@instalullahmyselfkatua9363]

​@@richier8898nope not gonna happen

[@CosmicValkyrie]

​@@richier8898what remorse? S-400s are simply better than the American counter part. It is seen in ukraine. The patriot systems are a waste of money.

[@FakeAssHandsomeMcGee_]

@@CosmicValkyrie Bro. No air defense is perfect. Patriot has knocked down some Kinzhals. Others break through. Same with the S-400. Ukraine is still able to penetrate Russian airspace even with all the Russian air defenses up. They actually managed to hit one of the S-400 radars a few days ago.

[@Siddharth_Rao]

As exhilarating as this talk about Russia's economy is, why are you very obviously avoiding a CTC on American poilitics in general and Hunter Biden/Trump in particular? Also why not talk about the Chinese reach into Indian media?

[@gantamk]

Ukraine war and its consequences are a bigger problem to the world than hunter/Trump stories.

[@nalamanonixservices3275]

The left cant

[@tejraju]

Because he reads only western liberal thingtanks and media. What are you expecting from left media, un-hyphenated news!?

[@lolxlol1127]

Because Chapris and Jugaris won't understand it (most of the population).

[@zengpang3177]

this channel should promote peace in subcontinent, advocate Indian soldiers throw their hands up whenever and where ever meet neighbor countries soldiers, in doing so can lift Indian living standard. look what happened in India: 60-70 percent of Indian family can only afford one meal a day which is worse than North Korea. what point for India soldiers to fight against neighbor countries and keep that poverty intact? Indian living standard even lower than Bhutan. India need to outsource Indian politicians rather than other way around. or India soldiers should chase them out, let neighbor countries government to rule India would be a good idea. then India would become a super power. as a matter of fact, many Indian don't want to be Indian, that is why they gone to America, uk, Canada. want to be ruled by other countries government. instead of going abroad and ruled by other countries government, it's better do it at home and stay at home and ruled by other countries government at home.

[@ajeetchavan9618]

Fully subscribed sponsored and bought out I had subscribed thinking ex Indian Express personnel would have the same integrity. But I failed to realise that they were only employees, they never believed in Indian Express philosophy, at heart they were always Bania's and that shows. Every step by this Government is called Reform, even if it is murdering the principles of democracy

[@0609Bhuwan]

Fact is Russian economy is doing much better than all predictions... Secondly on the war front the Russians are "not being forced to defend territory" ... the Russians have built well planned defence lines forcing UKR to attack and loose men and NATO supplied machines in large numbers in a war of attrition ...That is why the Ukranians have been unable to breakthrough Russian lines ... this strategy is perfectly in alignment with achieving the goals of the SMO - destroy UKRs army and ability to wage war & hurt NATO as much as possible besides battle testing counter measures and tactics against the best NATO equipment

[@richier8898]

But in all reality NATO has spending less than 1% of their combined GDP on this war. They could keep this pace up endlessly. Sure Ukraine is doing bulk of the work and taking the losses on their economy and manpower. But they've transitioned to wartime and aren't even trying to run normal economy and there isn't any real signs of Ukraine giving up. Rubble is falling, russian arms exports are falling and deals in Yuan and Indias Rupee are getting more expensive. On the battlefield situation seems pretty frozen, both sides being unable to make any significant moves. Personally I don't see this conflict ending in a long time, both sides being able to out produce their military losses at will.

[@CosmicValkyrie]

​@@richier8898hogwash. Western economies are collapsing. German industrial sector just collapsed. USA is hoping to up their artillery shell production to 12,000 per day in 2-3 years. Meanwhile Russia is firing 60,000 shells every single day. And their industries are working full time and supply their armed forces. This is a game of chicken, the West will lose it's elected governments before Russia stops. Next year when Biden is replaced, there is hope for ukraine. If they agree to Russian terms they might get most of the country. If they keep fighting, they'll lose Kiev eventually. And Russia can keep this up forever.

[@kapurshi]

first :)

[@rkrao5363]

Congratulations! Shekhar will personally call you & convey "kudos" for your achievement! 😊

[@kapurshi]

Haha. I hope so :)