Can India balance its ties between Russia and the US? | Business and Economy


New Delhi is deepening economic ties with Moscow, despite pressure from Washington.

India is hedging between energy security and strategic partnerships.

Despite pressure from the United States, it has continued buying cheap Russian oil and has recently strengthened economic ties with Russia — from trade to weapons and critical minerals.

But this is a delicate balancing act for Prime Minister Narendra Modi: he wants to cut deals with Moscow, while staying friends with Washington, his biggest trading partner.

For President Vladimir Putin, it shows Russia still has powerful partners and is not completely isolated despite Western sanctions.

And Syria’s economy one year after the fall of Bashar al-Assad.

Plus, the bidding fight over Warner Bros.



Source link

  • Related Posts

    Access Error

    The page you are trying to access is unavailable because we detected potential misuse. Please wait a moment and try again. For help please visit help.ft.com. We apologise for any…

    Kuwaiti Oil Tanker Set Ablaze After Attack Off the Coast of Dubai

    The attack damaged the hull, the owner of the tanker said, which could cause an oil spill. Source link

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Human rights tribunal approves $8.5B child welfare deal for Ontario First Nations

    Human rights tribunal approves $8.5B child welfare deal for Ontario First Nations

    Meta starts testing a premium subscription on Instagram

    Meta starts testing a premium subscription on Instagram

    Estée Lauder, Puig Merger Talks Signal Shift in Beauty Power Dynamics

    Estée Lauder, Puig Merger Talks Signal Shift in Beauty Power Dynamics

    Kid Rock posts videos of Army helicopters near his home

    Kid Rock posts videos of Army helicopters near his home

    Fair Work abolishes junior pay rates, with half a million young Australians to be paid more | Wages growth

    Fair Work abolishes junior pay rates, with half a million young Australians to be paid more | Wages growth

    New Animal Crossing Songs Have Been Added To Nintendo Music Today

    New Animal Crossing Songs Have Been Added To Nintendo Music Today