Russia-Ukraine War - News and Developments

tower9 · Mar 19, 2022

Meengla said:
Well, Europeans have the distinction to have waged the two most bloody wars in human history in barely a couple of generations and perhaps the peace of the last 70-80 years was an interval, if you knew the history before that. And if this goes out of hand then expect even bloodier one. Putin is not going to go down without taking others down. He must be given a way out and we should wait for the post-Putin era.

Yes for the first time in my life, I consider the possibility of a full blown nuclear war realistic. That is a terrifying thought.

Vergennes · Mar 19, 2022

https://twitter.com/x/status/1504953946506420232

Amliunion · Mar 19, 2022

dbc said:
Please, a bulk of the Indian middle class income is linked to off shored support for US and EU businesses. Imagine a 150 million unemployed Indians. That threat from Mr Goswami is still born.

Late last year I was at a forum with CEO's,CTO's and CIO's from some of largest firms on the planet. All of them raised post COVID concerns about dependence on Indian IT - when many Indians were unable to work due to the COVID pandemic raging in India. Many firms are exploring options in Asia, South America and Eastern Europe.

It isn't an easy problem to solve, we are in this position today because we took economies of scale beyond its logical conclusion and ended up with single points of failure. We are diversifying it will take time, I suspect a decade.

This is Lying through Theeth. Even when Country was under lockdown, IT services were never stopped. Nice Story though! :tup:

Wood · Mar 19, 2022

dbc · Mar 19, 2022

Amliunion said:
Germany & other countries will be buying Russian Oil/Gas at Par with €. On other hand, we'd be getting it at heavily discounted Price using ₹. It's Win-Win situation for us. When we were sanctioned by West, we traded with Russia using Worthless ₹ & negated the impact of sanctions, like wise Russia will do it.

Yuan is also an option to trade between us.

In near future, expect Rupay to replace Visa/Mastercard along with Chinese (they have already started issuing) in Russia.

Russia, India explore opening alternative payment channels amid sanctions

Both sides are discussing accepting RuPay and MIR Cards within national payment infrastructures

www.google.com

it's a win-lose situation, a win for India and lose for Russia. The Russians will be left hanging on to worthless Rupees for the foreseeable future - after all there only so much tea and generic drugs Russia can buy from India.

Amliunion · Mar 19, 2022

https://twitter.com/x/status/1504956262894772231

The SC · Mar 19, 2022

It looks as if the Chechen soldiers have disciplined an Azov operative

CrazyZ · Mar 19, 2022

Current military trend has been toward more wheeled vehicles. But based on the Russian experiences so far........are simple tracks better then wheels? T-34's and T-55's didn't experience these problems.

The SC · Mar 19, 2022

EasyNow said:
I really don't get it, if these countries have that much resources - why don't they cultivate it? Why aren't all the citizens rich?

Russia has enough billionaires to develop any natural resource 10x over. And a population so small even 10% of that wealth will make everyone a millionaire.

These 'natural resource' valuations are all b.s.

Make everyone a millionaire and no one will want to work..

dbc · Mar 19, 2022

Amliunion said:
This is Lying through Theeth. Even when Country was under lockdown, IT services were never stopped. Nice Story though!

Well the healthy were busy looking for hospital beds and oxygen while many were sick or dying. Again, the disruptions wasn't mainly attributed to the above but the surging COVID related investment in IT caused a huge shortage in skilled IT workers.

Most large firms on average significantly increased their investment in IT, automation and remote operations post COVID.

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www.ft.com

https://www.ft.com/content/4b6449da-3fc1-45d7-a0eb-3cd96bc211ce

The pandemic had already rattled the industry when India’s abrupt national lockdown last year forced the sector to shift to remote working practically overnight. “But now, with the disruption, this seems more serious. This feels like it will be worse,” Sikka said. “It’s just the sheer number of people getting sick.” Executives and analysts say many companies have reported as many as 10 per cent of their employees are off with Covid-19. But that number does not include the workers who are busy caring for sick family members.

Wood · Mar 19, 2022

https://twitter.com/x/status/1504910577889538048

Kamil at it again :laugh:

Amliunion · Mar 19, 2022

dbc said:
Well the healthy were busy looking for hospital beds and oxygen while many were sick or dying. Again, the disruptions wasn't mainly attributed to the above but the surging COVID related investment in IT caused a huge shortage in skilled IT workers.

Most large firms on average significantly increased their investment in IT, automation and remote operations post COVID.

As if US & EU were immune from looking for Hospital Beds, Oxygen etc.,? Even in the month of April/May IT services were never impacted. Start a thread on this with source and debate.

Edit: Cherry picking from the Article!!!

FYI : IT Industry working from Remote since March 2020 i.e. since the start of pendamic.

dbc said:
it's a win-lose situation, a win for India and lose for Russia. The Russians will be left hanging on to worthless Rupees for the foreseeable future - after all there only so much tea and generic drugs Russia can buy from India.

Again You've cherry picked Tea & Generic drugs from the Article posted by me. However, ignored that Yuan can be used as a common currency to facilitate trade between us? This is still work in progress. Only time will tell if this is loss for Russia or not.

Though, it's lose-lose for EU countries Importing Gas/Oil from Russia. They can't even stop Importing it.