Good piece on Bloomberg Intelligence and for those with HELIUM exposure.
โข Qatarโs shutdown of LNG production has taken about a third of global helium production offline, affecting chipmakers who rely on helium for semiconductor manufacturing.
โข Helium has no viable substitute in the chip manufacturing process, and no other source can immediately replace Qatar's supply, with helium containers already filled before the war remaining stranded
โข If the disruption persists, helium shortages could force chipmakers to deprioritise lower-margin product lines, reinforcing the existing allocation toward AI memory and deepening an already severe memory shortage #Geopolitics #semiconductor
โข Qatarโs shutdown of LNG production has taken about a third of global helium production offline, affecting chipmakers who rely on helium for semiconductor manufacturing.
โข Helium has no viable substitute in the chip manufacturing process, and no other source can immediately replace Qatar's supply, with helium containers already filled before the war remaining stranded
โข If the disruption persists, helium shortages could force chipmakers to deprioritise lower-margin product lines, reinforcing the existing allocation toward AI memory and deepening an already severe memory shortage #Geopolitics #semiconductor
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Indian Development News ๐ฎ๐ณ
Photo
India imports 55,000 crore worth of helium while Jharkhand's Rajmahal volcanic basin has one of the world's largest helium reserves. The only reason we haven't tapped it yet is because neither the state nor the central govt has shown any seriousness on this topic. Not a good time when India was about to pick up its #semiconductor story.
And yes TSMC and Taiwan's economy will be devastated.
And yes TSMC and Taiwan's economy will be devastated.
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๐ฎ๐ณ๐ค๐ฐ๐ผ West Asia War
Lulu Group ferries fresh food from India to Kuwait. Special flights operated by Kuwait Airways from Kochi, Delhi Airports on March 12 carrying export consignments of fresh fruits and vegetables, etc to Kuwait. #Agriculture
Lulu Group ferries fresh food from India to Kuwait. Special flights operated by Kuwait Airways from Kochi, Delhi Airports on March 12 carrying export consignments of fresh fruits and vegetables, etc to Kuwait. #Agriculture
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130,000 passengers have returned to India through various flights, say MEA officials #ForeignAffairs
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MEA said Govt is examining requests for Diesel supply from neighbouring countries, including Sri Lanka, Bangladesh, and the Maldives.
#IndianSubcontinent #Energy
#IndianSubcontinent #Energy
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๐ฎ๐น๐ฎ๐ถโก๏ธ โ Italian military base in Erbil, Iraqโs Kurdistan region, was struck by a missile
โก๏ธ Italian Defense Minister Guido Crosetto said the Italy will temporarily withdraw its 141 Troops from the base following the strike
โก๏ธ Italian Defense Minister Guido Crosetto said the Italy will temporarily withdraw its 141 Troops from the base following the strike
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Centre forms 3-Minister panel led by Amit Shah to monitor petrol, Diesel and Gas supply.
Hardeep Singh Puri & Dr. S Jaishankar will be part of the Committee #Policy
Hardeep Singh Puri & Dr. S Jaishankar will be part of the Committee #Policy
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๐บ๐ธ๐ฎ๐ฑโ๏ธ๐ฎ๐ท Iranโs use of ballistic missiles and drones from its territory has sharply declined over the past 12 days of the war.
The average daily launches now stand at around 30 missiles and 45 drones, down significantly from earlier levels.
Iran may be conserving its limited stockpiles to prolong the conflict, but this also makes it harder to penetrate increasingly strengthened US and allied air defenses in the region. #Geopolitics #InternationalNews
The average daily launches now stand at around 30 missiles and 45 drones, down significantly from earlier levels.
Iran may be conserving its limited stockpiles to prolong the conflict, but this also makes it harder to penetrate increasingly strengthened US and allied air defenses in the region. #Geopolitics #InternationalNews
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'Expresses Grief' Over Deaths Of Children Killed In Bombing Of Iranian School, Underlines Need To Protect Lives Of All Civilians - MEA #ForeignAffairs
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Indian Navy on operational standby to respond if required in the Persian Gulf. Destroyers & frigates already in the area as part of a rotational deployment (since 2019). As uncertainty prevails, Indian warships ready to escort etc (NDTV)
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Indian Development News ๐ฎ๐ณ
๐ฎ๐ณ๐ค๐บ๐ธ Trump announces that "America First Refining is opening the FIRST new U.S. Oil Refinery in 50 YEARS in Brownsville, Texas," and thanks "our partners in India, and their largest privately held Energy Company, Reliance, for this tremendous Investment."โฆ
Reliance remains mum even as Trump announces โhistoricโ $300 billion U.S. refinery deal.
No SEBI filings, no SEC communications, no official explanations, no details. #Policy
No SEBI filings, no SEC communications, no official explanations, no details. #Policy
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I have full confidence in 140 crore Indians that just like Covid time, we'll overcome this crisis too: PM Modi on West Asia war
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๐ฎ๐ณโ๏ธ๐ฎ๐ท PM Modi held talks with Iran President Pezeshkian, discussed safety of Indian nationals and safe transit of ships. #ForeignAffairs
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Some Ships were allowed to pass through the Strait of Hormuz: Iranian Deputy FM Majid Takht-Ravanchi
#InternationalNews
#InternationalNews
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๐ฐ๐ผโก Likely that multiple Kuwaiti AF Eurofighter Typhoon Jets were destroyed after Iranian drone hit their hangar
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