Re:TSMC Reports Q3 Earnings [pdf]
by adventured on Thursday October 13, 2022 @11:38AM
(#33192480)
India isn't growing (projected, un huh) at 6% due to profiting from Russian exports, that's a joke.
Russia's economy is trivial in size, as are their non-energy exports.
A $20-$30 gap in the price of oil via artificially cheap Russian oil isn't the difference between India's large economy (3x larger than Russia, nearly the size of Germany) growing at -3% vs growing at +6%.
We need to put the hammer down far harder on Russia than we have so far.
Russia's economy is trivial in size, as are their non-energy exports.
A $20-$30 gap in the price of oil via artificially cheap Russian oil isn't the difference between India's large economy (3x larger than Russia, nearly the size of Germany) growing at -3% vs growing at +6%.
We need to put the hammer down far harder on Russia than we have so far.