Looks like a fresh intern made it. Have there been detailed framework/clause of deals that's been finalised and released? Beside " we get access to their market and they will pay 15% while buying the best weapons ".
India - United States Relations
- Thread starter Butter Chicken
- Start date
Trump announces US will develop 'massive' oil reserves in Pakistan, says they might sell to 'India some day'
US President Donald Trump has announced a 25% tariff and additional penalties on Indian imports, citing trade imbalance and Indias oil purchases from Russia. Just hours later, he revealed a fresh energy deal with Pakistan to jointly develop the countrys oil reserves. Trump suggested the...m.economictimes.com
If they found oil, then Its a double edged sword with a pointed tip.
1) US will share intelligence & weapon to pak
2)Pak ecenomy will ballooned beyond imagination.
3)More weapon they can purchase with hard money than loan, they can develop their own with money, and will became the only muslim country with oil & nuclear weapon.
We can literally forget taking back POK with such pak now. I would have trade Russian oil for US support to india, bad very bad policy from that JNU alumni EAM.
Are you for real? These swindlers are the biggest snake oil salesmen.
> Chatgpt, analyze recent oil discovery news in Pak?
Public skepticism reflects a pattern: headline-grabbing discovery claims followed by limited follow-through or commercially viable output.
> Examples of recent claimed oil discoveries that later failed?
2019 (Kekra-1), 2020 (Musakhel, Balochistan), 2022 (Sanghar, Sindh), 2023 (Sujawal, Sindh)
And it's not just oil. They repeat the same sh*t with minerals too -- always looking for the next victim to fool.
I have read it in school books in regards to uranium deposits in Balochistan. Don't know bout other minerals, but possibility could be there.
But not oil. Otherwise war on terror would have resulted in " democracy"
Uranium isn't minerals.
Look up Reko Diq and Saindak mines. They sold the same land within 50km in Balochistan to Chile, Canda, China and now Mullah Munir is dangling it in front of Trump.
Caveat Emptor.
Complete Bending over still gave these are the percentages:
19 - Pakistan
15 - S. Korea
President Donald Trump said on Wednesday the U.S. will charge a 15% tariff on imports from South Korea, down from a threatened 25%, as part of a deal that eases tensions with a top-10 trading partner and key Asian ally.
South Korea also agreed to invest $350 billion in the United States in projects selected by Trump and to purchase energy products worth $100 billion.
19 - Pakistan
15 - S. Korea
President Donald Trump said on Wednesday the U.S. will charge a 15% tariff on imports from South Korea, down from a threatened 25%, as part of a deal that eases tensions with a top-10 trading partner and key Asian ally.
South Korea also agreed to invest $350 billion in the United States in projects selected by Trump and to purchase energy products worth $100 billion.
Most were dry wells which were projected as "massive oil reserves" being found, even if you account that the quantity of reserves which Pakistan is quoting is actually true, that will still place them at 50th position in the world concerning the cumulative national oil reserves. Whatever one says about Pakistan, they certainly know the art of fooling the Americans.
They have mainly vast reserves of copper and small amount of lithium and gold.
Amid Trump’s tariff shock, India informs US it won’t purchase F 35 fighter jets - BusinessToday
The decision comes amid growing uncertainty in U.S.-India trade ties. Trump’s abrupt announcement of a 25% tariff on Indian goods—set to take effect August 7—has caught Indian officials off guard.
India rules out ‘immediate retaliation’ to Trump's 25% tariff shock; mulls ramping up gold, natural gas purchase from US | Mint
India is considering ramping up its natural gas purchases from the US, and increase imports of communication equipment and gold
www.livemint.com
Oh. Immediate retailation would be bad. At most some signalling.. retaliation means playing into trumps hand.India rules out ‘immediate retaliation’ to Trump's 25% tariff shock; mulls ramping up gold, natural gas purchase from US | Mint
India is considering ramping up its natural gas purchases from the US, and increase imports of communication equipment and gold
No emotional reaction means trump will face heat and go more diabolical.
And we are forgetting that 10 day deadline to russia. Let's see what happens there. But I like the idea of buying gold. India should buy as much gold as they can and store it in Indian soil.
It's the best hedge in current geoeconomic scenario.
GOLD!!
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India rules out ‘immediate retaliation’ to Trump's 25% tariff shock; mulls ramping up gold, natural gas purchase from US | Mint
India is considering ramping up its natural gas purchases from the US, and increase imports of communication equipment and gold
electronics and pharmaceuticals are exempted from tariffs LOL. These are two major sectors which India exports. The issue is about oil and sanctions
Those two would have increased inflation in USA.
Hello everyone, there's some interesting data from the US. This is their latest jobs report for July.
www.bls.gov
The following are the interesting points -
People should remember that it was the job market strength in 2022/23/24 that mostly kept the US economy and wages (real, after 2023) growing, while the Euro economies were crippled. And now it seems to be getting dangerously weak, all within a few months.
This is in conjunction with the PCE figures released a few days ago by the BLS, which show core PCE is rising. This, in addition to a weak 1.2% real GDP growth over the first half of 2025.
I guess people would love to see if these trends continue over the next few months and quarters. Going by US FMCG and manufacturing companies, they're either seeing extensive losses or passing over tariff costs to consumers. Remains to be seen how their "alive" economy fairs and if they maintain their tariff war policies .....
Employment Situation Summary - 2026 M02 Results
www.bls.gov
The following are the interesting points -
This was (-31k) against an expected +104k. And even this weak number was almost entirely due to increases in jobs in healthcare and social assistance/services. This, morbidly enough, is in the context of the recent bill (the Big Beautiful Bill) gutting Medicare, Medicaid, and rural healthcare.
And this, folks, is the main takeaway. These figures are more or less consistent with the ADP figures released for May and June, and reflect a sharp and deep slowdown in the US jobs market.
People should remember that it was the job market strength in 2022/23/24 that mostly kept the US economy and wages (real, after 2023) growing, while the Euro economies were crippled. And now it seems to be getting dangerously weak, all within a few months.
This is in conjunction with the PCE figures released a few days ago by the BLS, which show core PCE is rising. This, in addition to a weak 1.2% real GDP growth over the first half of 2025.
I guess people would love to see if these trends continue over the next few months and quarters. Going by US FMCG and manufacturing companies, they're either seeing extensive losses or passing over tariff costs to consumers. Remains to be seen how their "alive" economy fairs and if they maintain their tariff war policies .....
This is nothing new, they constantly revise the data later, same with inflation data as well. Numbers they give out each month is to move the stock market & score political brownie points, once that is done after a month or so they revise the data and no bothers about it.Hello everyone, there's some interesting data from the US. This is their latest jobs report for July.
Employment Situation Summary - 2026 M02 Results
The following are the interesting points -
This was (-31k) against an expected +104k. And even this weak number was almost entirely due to increases in jobs in healthcare and social assistance/services. This, morbidly enough, is in the context of the recent bill (the Big Beautiful Bill) gutting Medicare, Medicaid, and rural healthcare.
And this, folks, is the main takeaway. These figures are more or less consistent with the ADP figures released for May and June, and reflect a sharp and deep slowdown in the US jobs market.
People should remember that it was the job market strength in 2022/23/24 that mostly kept the US economy and wages (real, after 2023) growing, while the Euro economies were crippled. And now it seems to be getting dangerously weak, all within a few months.
This is in conjunction with the PCE figures released a few days ago by the BLS, which show core PCE is rising. This, in addition to a weak 1.2% real GDP growth over the first half of 2025.
I guess people would love to see if these trends continue over the next few months and quarters. Going by US FMCG and manufacturing companies, they're either seeing extensive losses or passing over tariff costs to consumers. Remains to be seen how their "alive" economy fairs and if they maintain their tariff war policies .....
boys blindly buy their stuff & when bitch slapped ask why ? Dont expect India to manufacture to every thing , but we import every other critical stuff & then expect world to respect us.
There should be (I don't know if there is) a dedicated lab for reverse engineering. From software logic, to electric, circuit logic to alloys to coating, aerodynamics, chemicals.. every single things. A dedicated lab, not one guy doing it in his free time.
even to reverse engineer the stuff you need to have necessary infrastructure and technical knowledge. Without the necessary technical equipment it will be hard to do it.
What I have observed is that , most of the advanced technical ( advanced for us ) in US ( and other wester markets) it is accessible for private enterprise/citizens at a affordable price but labor is expensive. In India it is entirely opposite, what is available on ebay in US will be a restricted item in India. India not just imposes high duties but also needs to be approved by multiple monkeys in govt. Alternative is buy your way to glory , get kick backs and thats what we indulge in .