Miscellaneous News

henrik said:

How about India? Do they have the environment for nurturing great people?

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India have the environment for nurturing great scammers and BS artists. There is a whole lot of YouTube videos about these people and their ownage by real hackers. It is hilarious! Kidding aside, you need to look at the IQ ranking to gauge the answer. The last one was taken in 2023 and they have an average IQ of 76. Sure you might have a few geniuses but the laws of averages drowned them out.

henrik said:

India and New Zealand announce trade pact making majority of goods trade duty free​

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It's not just a trade deal. This is the deal that India truly wants:

The pacific island nation will also invest $20 billion in India over next 15 years and allow mobility of professionals, skilled labor and students from India to New Zealand, according to a statement from India.

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NZ is gonna open it's doors wider for Indians to work and study. Just what Modi loves. To export more people.

India will eliminate tariff on sheep meat, wool, coal and nearly all of forestry and wood exports. New Delhi will also allow duty-free access for dairy and other food ingredients for re-exports.

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India wants to re-export NZ dairy and food ingredients? Who's up for Indian-processed NZ dairy?

However, to ensure protection to farmers and the domestic industry, New Delhi has said the market access excludes dairy, coffee, milk, cream, cheese, yoghurts, whey, caseins, onions, sugar, spices, edible oils, rubber.

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But NZ diary, oils, spices, and rubber gets no tariff exemptions in India. Ostensibly to protect farmers. So NZ dairy imports are only for re-export, not the local market.

I wonder what kinda trade deal this is. Who actually stands to benefit more?