Potential Doom? Indian sanctions, Indian IT centers, Computers down everywhere?

The USA is threatening India to scare them away from Russia.

Given that a handful of countries that rank among the top largest economies in the world have thus far been reluctant to firmly condemn Russia’s invasion of Ukraine, this could prove the significant monkey wrench in US-EU plans to severely isolate and wreak havoc on global Russian exports.

Among these include the obvious – China, but also there’s India, the UAE, Brazil and Indonesia. India for example – standing just behind the UK as the 6th largest economy – remains the the single largest buyer of Russian weapons. India is also reportedly seeking more discounted Russian oil, in what looks to be a potential move away from Saudi crude.

www.zerohedge.com/markets/us-warns-india-significant-long-term-costs-if-it-aligns-russia

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However, Indians do maintain of the software for American companies.

www.linkedin.com/pulse/manufacturing-americas-only-outsourcing-problem-eric-blankenburg

AC

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