Trump’s announcement of a security arrangement that would allow Riyadh to acquire jets like Israel’s F-35 is seen in China as much more than a routine arms deal.
India-Middle East-Europe Economic Corridor to involve India-Saudi ship transit, then rail link to UAE & likely to Jordan. Shipment will then move by sea to Turkey & further by rail.
China and Gulf countries’ medley shouldn’t come as a surprise, as many nations are looking to maximise interests by ‘omni-aligning’ between the US and China.
Saudi Arabia's acquisition of nuclear capability would draw Turkey and Egypt to join the regional nuclear race, which might turn conflict-torn West Asia even more volatile.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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