Newer races find it difficult to make money, no matter how good the racing is. Malaysia’s Sepang circuit had brilliant racing but they could not sustain it.
In the capitals that will now be the unhappiest, a Kamala Harris victory was presumed, and a lot of actions and calculations were predicated upon that.
India-US trade in first 3 yrs under Biden was $122 bn, while it was $83 bn in Trump’s first term. Average trade surplus in India’s favour grew from $18 bn under Trump to $31 bn under Biden.
The Chinese aircraft has uncanny similarities to the American F-35 jet. There are claims that China copied the design. Cyber theft of F-35 design data was reported in 2009.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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