Judging By Headlines ...

 ... from West's media-herpes, Putin is "humiliated" and "isolated" at BRICS. They invent all kinds of BS pulling it out of their asses, but we knew that about them, didn't we? So, 

The BRICS countries have reached a banking agreement on BRICS Pay, which will actually become a payment system for the states of the association. This was announced by the head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev. "We are focusing on the financial track. We lead the financial engagement group, and payments are very important here. And today we will announce a banking agreement on BRICS Pay, in fact, a payment system for the BRICS countries," Dmitriev said. 

Yes, this is yet another sign of Putin's "isolation", right? 

Meanwhile, Modi is facing a very tough choice. 

For many in India the West remains a forbidden fruit and an upscale even in present and future West's disassembles state a desirable destination in terms of standard of living. But, geopolitical realities of the Eurasia (minus Western Europe) are such that India will remain, it her present geopolitical posture as something in between, limited in maneuver. Nonetheless, this is significant.

The contract for 105 of these birds has been signed between India and Russia. I am positive more to come in other classes of commercial and combat aircraft.

Algeria is done with UAE. 

ALGIERS, Algeria (AP) — Algeria announced Thursday that it’s severing diplomatic ties with the United Arab Emirates, in a Foreign Ministry statement reported by state media. The statement read on state television gave no single or specific reason for the decision but cited alleged “provocative and hostile actions” by the Gulf state and “regrettable and unjustified behavior.” “Having exhausted all the ways for preserving the bilateral relations, the Algerian government has decided, today, to sever diplomatic relations with the United Arab Emirates,” the statement said, according to the official APS news agency. The UAE’s Foreign Ministry said in a statement that it hoped Algeria’s decision ends up being temporary, and that ultimately their “fraternal ties” will be preserved. 

It has a lot to do with activities of UAE in blocking Algeria's gas pipelines projects in Africa and, of course, close relations between UAE and Israel. Interestingly, Russia sold SU-34s last week to some, unnamed, foreign country. Well ... make your own conclusions. 

Modi Is Under Fire ...

 ... one of the MPs in India's Parliament accuses Modi of kneeling before Israel while Khamenei became a martyr. 

The timing (and essence) of Modi's visit to Israel couldn't have been worse. And that is to put it mildly. 

Now to some "dawning" of the reality on those who thought they knew. Yeah, "paper" everything is a derivative enabler for speculation and manipulation. 

The oil futures paper market is likely underestimating the massive supply disruption that a closed Strait of Hormuz is creating in physical crude and fuel supply globally. Crude futures prices briefly spiked early this week to $119 per barrel, before retreating to the $90s and trading at $100 a barrel early on Friday in Asian trade. However, the premium of physical Dubai crude has surged to $38 per barrel over its paper equivalent, according to data compiled by Reuters columnist Clyde Russell. The wide gap between paper and physical prices suggests that supply is being immediately choked off. But traders on the paper market appear to believe that the record-high emergency stocks release and the U.S. Administration’s scrambling to calm the markets with comments that the war will end soon would ease the upward pressure on oil prices.

I want to reiterate--average "trader" on any paper market is nothing but a product (at best) of some MBA program from Ivy League degree mill and knows nothing about real world and how it operates. It is a crowd ready to buy any political BS as long as it serves short term speculation and profit. I will reiterate--the US doesn't have strategic intelligence and strategic forecasting as a craft in principle. What passes for both is an academic and ideological fraud. 

Correct ...

 ... that's the name of the game for this crowd which finally recognized what I was talking about for 11 years. 

More than five years ago I wrote:

Economic self-sufficiency which is also a foundation of REAL national security starts from industry. No industry--no American nation. Simple as that. Modern generation of American "elites" has no idea, or, possibly, doesn't even care about what happens when the attempts to re-industrialize fail precisely because no one knows how to do it for real, not by doing what they got used to do--"printing" money which only accelerates a decline, towards eventual disintegration. So, here it is--no real recovery without real industries, which translate into real employment, this means reorienting production for the internal market and.... here we pause, because this seemingly simple scenario requires a long and substantive debate because this is where the issue of trade comes in and 99.99% of the American "elite" are a free trade neo-liberal fundamentalists who have neither knowledge nor skills to avert what is already not just on the horizon but knocking on the door. If you think otherwise, just take a look at the graphs above, especially a 10 year one. Things just got worse, not better since 2010. I am sure vast number of events coordinators, DJs and shopping assistants will have to rethink seriously their career choices if they even want any shot at any vacancy in a dramatically shrinking America's basis, before collapsing superstructure buries them.   

Capital also loves victors. Here "isolated" Putin is greeted (in a pleasant violation of protocol) by his buddy Modi. 

If rumors about new lease of a nuclear sub to India are correct, something tells me that Russia may provide Indian Navy with the very first hull of project 885 SSGN Severodvinsk. She can carry 3M22 Zircon but her main load is P-800 Oniks, which, of course, India has and it is called Brahmos. This is a transfer of an enormously powerful technology. But again, the production of Sukhoi 100 at HAL facilities for India's market has been already discussed, I am positive it is greenlighted now. 

Well, Mr. Modi.

 If you think that Europe wants you--think again. 

OK, The Order of...

 ... the Holy Apostle Andrew the First-Called. Well...

Make your own conclusions--this is the highest state award of Russia... after the Hero of Russia.