How the Red Sea War will affect the Indian Economy? EXPLAINED IN 8 mins
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- เผยแพร่เมื่อ 10 มิ.ย. 2024
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VIDEO INTRODUCTION:
Hello everybody,
The red sea is officially at war!
On 19th of november, a ship named Galaxy Leader was hijacked by a group called the Houthis in the Red Sea. and While most people thought this was just yet another rebel attack, what followed next was so crazy that this incident is on the verge of putting the entire world economy on the edge of disruption again!! Because its not one or two attacks, there have been 37 attacks on commercial ships by the Houthis using drones! And now this war has come close to India!
Now just like any other geopolitical conflict, this conflict has Iran and Russia on one side and the US, Israel and UAE on the other side! And since the red sea has 2 critical choke points of world trade, it has already had a wide scale impact on both the world trade and Indian trade to Europe and US.
And again, if this conflict escalates, we all know what happens, oil price shoot up, inflation spikes, and economies all around world will suffer!
So in this episode today let’s dive deep in and understand,
Who are these Houthi rebels?
Why are they attacking the ships in the red sea?
Why is the red sea so important?
How is this conflict putting the world economy at the edge of disruption?
And most importantly, how is the business in India and the world being affected due to this war?
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#redseawar #indianships #redsea
#thinkschool #businesscasestudy #geopolitics
While other channels are busy covering Bindra's scam, Thinkschool covered a larger picture which affects our entire export industry. Kudos
Bro that's also good it's impacting to the youth of india...Both subjects are relected to India's future
@@ayush6319i partially agree with you other channels are just taling benefit from the controversy they just wants views
Now where is scam in India?lots of CAG reports under the carpet and media fully surrendered under the government muscle power😂😂😂😂
@@shabujacob2382 Yes, Yes! secular media hiding the fact that tax payers money is used to give stipends to madrassas in Kerela, and direct money to Mullas in WB. And many more schemes are yet to be discovered in many other places. Well, even more interesting is some temples in Kerela now have Muslims as board members, and even the shops nearby which sell stuff to "devotees". I wonder if any church or mosque (no tax) are run by sanatanis (hindus/sikhs/jains/etc.). Of course beef in the temples, unthinkable before the communist invasion, a direct disrespect to our ancestors. I wonder if pork is prepared in Mosques and maybe dog/cat/snake meat in Churches, in the name of secularism. I lived in Israel for 2 years, and visited all the historical and religious sites there: felt much more respected than when I travelled in Kerela. I have come to realise that Catholics and Christians are different things. Catholics all over the world are silent as Armenia is butchered routinely by Azerbaijan. Only "hindu-nationalists" are fully supporting Armenia. I guess there are two types of people: ones who respect and preserve their ancestral heritage, and hence other civilizational peoples; and commuistis/leftists who are too mentally weak and feel their ancestry as burden.
@shabujacob2382 My comments keep getting deleted. So writing again: The secular media hides the stipends given to madrassas in Kerela and direct money to Mullas in WB: this is called "dallali and dhanda of secularism". So many other schemes of "differential treatment" yet to be discovered by the general public. Having lived in Israel for 2 years, I felt much more respected in Israel than in Kerela. I travelled all religious sites, multiple times. Recently, I have realized Catholics and Christianity are perhaps different. Catholics are all silent about the genocide of Armenians, whereas "hindu-nationalists" are supporting Armenia whole heartely. No body prepares pork in Mosques in Kerela and exotic (dog/snake,etc) meats in Churches, like they prepare beef in some temples in Kerela: where is the secularism? Or is it a direct disrespect of Indian ancestry, i.e., "Sanatan Anmolan"? These are the burning questions the secular media will never speak about. And then I recently found out that there are some temples in kerela run by Muslims and other non-hindus, even the shops outside are run by non-hindus. All in the name of secularism. Communistis/Leftists are burdened by their ancestral heritage and try to eradicate it: this is a common phenomenon in all civilizational states now, inspired by the "cultural rev" of Mao Zedong. Communistis/Leftists (with different names like the divided souls of Voldemort) are the biggest enemy of Indian civilization, and other civilizations as well.
Best statement - "fortunately or unfortunately, nothing is impossible in this world" 🌎
India has considerable leverage im regard to Russia. It could exert its influence so the Russia would have to curb Iran and the Houthi.
@@halberderdier8073Iran is supplying Russia arms for Ukraine. Russia won’t get involved as long as Israel conflict is ongoing
I love how business and especially geopolitics are inextricably linked in the videos you people upload. It is an asset for students who pursue business and much to people who eye on geopolitics events of our country in the upcoming year 2024. Thanks a ton, thinkschool!!
IT WAS THE USA THAT ATTACKED INDIAN SHIPS BECAUSE THEY WANT HELP.. THEY WERE NOT HIJACKED. YEMEN HAVE NOTHING TO GAIN ONLY THE USA HAVE SOMETHING TO GAIN WHEN INDIA SENDS ITS NAVY TO THE RED SEA. THINK SNOUT IT … ASK THE QUESTION WHY ?
Events like Red sea are huge opportunities for carrier companies to earn huge profits, also new routes gets discovered but a huge damage to marine life 😢
Respect for merchant Navy 🗿🍷🍷🍷
IT WAS THE USA THAT ATTACKED INDIAN SHIPS BECAUSE THEY WANT HELP.. THEY WERE NOT HIJACKED. YEMEN HAVE NOTHING TO GAIN ONLY THE USA HAVE SOMETHING TO GAIN WHEN INDIA SENDS ITS NAVY TO THE RED SEA. THINK SNOUT IT … ASK THE QUESTION WHY ?
then you too can trade crude oil and earn huge profit lol
spraying peace 🫶
yeah like the whole damn solar system mapped out , EINSTEIN!
After watching a series of videos and case studies from this channel I started to notice that every small thing happening around the world will directly or indirectly impact the economy of the countries which in turn will affect the lifes of the individuals.
Yes mate... its called the geopolitics of a globalised world 💀🙄
These are all orchesterated by one super power.
This is the reason nationalism is a bad idea , as Indian poet Tagore says every country needs to strive for internationalism
@@DenlaAmataso true. Russia works with Iran. Iran orders Yemen to attack.
It is called Butterfly Effect
I don't know but when you mentioned that the militants are attacking all the ships except the one belonging to Russia, I could not help but link it to the recent visit of EAM Jaishankar to Russia and meeting the President in person!
It had nothing to do with countries its just business. The ships might had an Israeli Investor we never know that because most of them will be silent partners
JAISHANKER KNOWS IT WAS THE USA THAT ATTACKED INDIAN SHIPS BECAUSE THEY WANT HELP.. THEY WERE NOT HIJACKED. YEMEN HAVE NOTHING TO GAIN ONLY THE USA HAVE SOMETHING TO GAIN WHEN INDIA SENDS ITS NAVY TO THE RED SEA. THINK SNOUT IT … ASK THE QUESTION WHY ?
There is possibility for this to be happened
Not all the ship but only that are somehow related to Israel, the visit was planned many months before
@@digvijaysingh6882 Ofcourse, the visit is a routine annual visit between India and Russia, they meet every year, but this visit was particularly special as Russian President Putin does not meet any visiting minister, he only made this exception for Ajit Doval and Jaishankar! Also, even though it was an annual visit, there could be some modifications in the meeting agendas due to all the recent developments in the world! Plus, this is the only particular visit that has made the west extremely restless with all their speculative articles coming out!
Even though it was a routine visit, it had gained way too much attention, so India can use this opportunity to discuss the red sea crisis as it impacts India greatly and Houthis have pledged to not destroy any Russian vessels owing to their friendship towards Russia!
Actually, even trade from china was affected.
U see, i work in a renewable energy sector company, based out of gujarat. We get our OEM done from China. The supply chain is such that it goes from Beijing to singapore, then dubai, then gujarat (mudra and icd khodiyar). This drone attack delayed our shipment for a week and the customs took another week. We had a loss of 20-30L per day. It was said that "security reasons" were at play. So u see, although the red sea is far away from our location of business, and our supply chain is from eastern region and not the west, our Indian security is actually pretty tight. We complied with them for obvious reasons, but still our shipments were delayed.
Now imagine, if something big took place irrespective of a disastrous event near our business location, every business will be affected one way or the other!!!
(And yes its sad we are getting business from china inspite of everything. Our government is slow to create our own products but i know why that is: 1. The manuf of items need an high investment for setting up factories at vast scale 2. We lack sophisticated manpower and technology. 3. We want to ace renewable market as a whole, so market research needs to be at "A game".
Hopefully we will reach there one day!!)
Thanks for the video!!!
IT WAS THE USA THAT ATTACKED INDIAN SHIPS BECAUSE THEY WANT HELP.. THEY WERE NOT HIJACKED. YEMEN HAVE NOTHING TO GAIN ONLY THE USA HAVE SOMETHING TO GAIN WHEN INDIA SENDS ITS NAVY TO THE RED SEA. THINK SNOUT IT … ASK THE QUESTION WHY ?
Bro you forgot to add the hate
made a summary of your vid hope u like it ;)
00:02 Red Sea War tensions may disrupt world and Indian economy
01:51 Houthi rebel group's actions in the Red Sea can lead to increased costs for Indian exporters
03:34 Houthis emerge as a group to fight against corruption in Yemen and are now being used by Iran to fight its enemies.
05:16 Houthi rebels control of Red Sea critical for world trade
07:01 The Red Sea blockage affects global trade and energy supply.
08:48 Increased shipping costs and traffic disruptions affecting Indian economy
10:22 Red Sea war disrupting shipping routes
11:59 Slowing demand from Europe will impact India's labor-intensive sectors
INSTC (International North South Transport Corridor) between *India to Iran to Russia* could play a major role if Red Sea gets block for INDIA 🇮🇳
IT WAS THE USA THAT ATTACKED INDIAN SHIPS BECAUSE THEY WANT HELP.. THEY WERE NOT HIJACKED. YEMEN HAVE NOTHING TO GAIN ONLY THE USA HAVE SOMETHING TO GAIN WHEN INDIA SENDS ITS NAVY TO THE RED SEA. THINK SNOUT IT … ASK THE QUESTION WHY ?
It's not gonna do sh*t in current scenario
INSTC, well again we need to pass through Iran and Russia (who are actually backing the Houthis) right?
So it's not going to be an alternative.
That's doesn't connect EU unfornutely ....
@@WRATH19it does connect EU that's why Italy is member
Once again an amazing video! Love the clarity with which you put the facts together.
Coming from a shipping research field, I can say this video is very well put👏🏻
The Panama and Suez Canals, two artificial waterways spanning continents, are often mistaken as alternatives. While they both revolutionized maritime trade, their distinct characteristics and roles in global commerce reveal a fascinating story of interconnectedness, not redundancy.☮
I would recommend you to highlight impact not only on Indian businesses, but also on Indian government or foreign policy. There's can be potential diplomatic talks between India and Iran(given that they have a good amount of diplomatic relations. As far as I know, India has invested in Iran to built deep-water port in Chabahar to counter china-controlled Gwadar port in pakistan. So I think Iran would direct Houthi's to exempt India-originated or India-bound ships. which might bring a relief to indian businesses. Please correct me if I am wrong.
point
truly said
why only indian economy will be affected ,why not others stop exaterating about indian economy
@@CaptainCalls1986 can you please tell your point more clearly?
@@CaptainCalls1986Other economy will be affected also but OP is saying India can use its diplomacy to at least protect itself.
My brother is an officer in a lng ship which used to transport lng from qatar to Europe through suez but since last 3 months they are coming to China and Thailand so yeah this is serious
IT WAS THE USA THAT ATTACKED INDIAN SHIPS BECAUSE THEY WANT HELP.. THEY WERE NOT HIJACKED. YEMEN HAVE NOTHING TO GAIN ONLY THE USA HAVE SOMETHING TO GAIN WHEN INDIA SENDS ITS NAVY TO THE RED SEA. THINK SNOUT IT … ASK THE QUESTION WHY ?
@ap_finance which company and what rank is ur brother. I also sail on lng tankers
crisp and to the point , great job
Really appreciate your hard work on this video as no one is talking about it👍
You simplified it,
Thankyou ❤
Panama canal issue is not because of water level in the sea but the fresh water lakes that are used to maintain the locks in the canal.
Bro your videos are always amazing love getting insights from them
Working for a freight forwarding company in Saudi Arabia, was eagerly waiting for the video on this topic.
Thanks for this hopefully you will upload more on geopolitics much requested....
One of the best channel ,you know was trying to figure out red sea crises since long time , wasnt getting proper linkage from start uptill now, you nailed it
Rockstar Ganesh Prasad❤
thanks for giving such wonderful information ❤
Completely off-topic -
I recently watched you on TRS and it convinced me that you should start your own podcast. You are very logical in your approach, self-aware of biases (and tries to be as neutral as possible), optimistic, heavily data-driven and will let people decide on the final opinion. You're a seasoned content creator and will definitely be an amazing interviewer. Would love to see your own podcasts.
You need not churn out on regular basis, but have quality ones - with people who are data-driven in topics like economics, defense and geopolitics. Would love to hear your opinion on it.
He is not a host, he is the guest.
+1 for podcast
UPSC 2024 Question- Countries border with Red sea and Mediterranean sea. 100%
Too predictable but it won't come.
UPSC: I'm going to ruin this man's prediction 😂
@@letitgo151No upsc will definitely ask that question according to last 2 exams . In 2022 they asked Afghan and 2023 asked Ukrain based one both are hot topics.....so this time his prediction will be correct 😺
Israel Lebanon Syria Saudi Yemen Egpyt Jordan Turkey Greece Former Yugoslavian republics Italy San Marino France Spain Portugal (Most don’t consider Portugal) Western Sahara Morocco Mauritiana Tunisia Algeria Libya Djibouti Somalia Somaliland Eritrea
@kzcciynk are u preparing for upsc?
Thank you for sharing valuable information.
I was searching a video of this Red sea issue..The content and explanation is really good which will be helpful to many people especially defence aspirants. I'm expecting more good content like this.
Brilliant video. So well explained
I have watched so many videos in this topic and I can say you are really short & crisp, nice 👍🏻👍🏻
Thanks for a really informative video!
On One side Dhruv making something called ignorant and unuseful videos such as reviews on different movies and controversies just to reach 15 million subscribers. Where as this legend man making people knowledgable day by day..Thank u for such this wonderful content sir.❤
dhruv rathi makes good content only in non political and non religious matters. his heart is good but he just doest know reality of politics as he does not live in india hence he makes absurbd political video
Just like Dhruv is leftist
Think school is andh Bhakt 🤣
Good work brother. Impressive case study 👍
Exceptional content as always and congratulations
Insightful content. Great job!
FANTASTICALLY EXPLAINED !
Thank you for the information 🎉🎉
Your content is such a valuable to us sir , Thank you.
Great Analysis
Thanks for posting
Thanks for the insight 💜
Brilliantttt case study!!!!! I always use to wonder how exactly war, pirates affect maritime trade or how exactly maritime trade affected the economy, inflation and prices...bitt hanks to think school and it's videos - I now have a much clearer idea as to how geopolitics can ultimately result in huge economic losses...
Thank you bro😊 this is the good session 👍
Your channel is the gold mine for students 😭 I'm super proud it's from India.
🇮🇳♥️
I really don't understand why these big leaders are trying to choke their own countries as well as other countries... Sometimes, they seems to act like a child.
I just read this yesterday..
"Insan ki zid usko zarurat se zayda smart bana deti hai or murkho me mahamurkh"
@@Vrushy01 Exactly... duniya mien thori shaanti rhe toh kuch bura thori hai 😂🕉
Their trade is already stopped due to sanctions. And Russia is angry due to killings and bombings on orthodox churches by Israel whereas Iran is angry with genocide of Palestine and both of these countries people want their leaders to take action against Israel.
Hello brother, thanks for giving the knowledge.
Bhaiya personally saying ...it really makes me happy when you bring with a geopolitics topic ❤ very very helpful for me in my SSB preperation
Loved this info ❤️💯
Make a video on great wilders
Very nicely covered🎉
Loved it. Thanks
It is very informative,bro! Keep up the good job. However,love the Lacoste shirt even more. Man got some really good taste❤
Well Explained bro 🙌❣️
such a clean and professional video
Great job 👍
Excellent Video, and what a research. Please, the Odoo is working for me. i Live in Nigeria. Thank you.
Great case study
Valuable information ❤
Nicely explained.
Thank you sir Ganesh❤
One of the most interesting episodes ngl.
Thanks!
its crazy how indian media havent covered this topic even once
Hi Ganesh,
Saw you on Beerbiseps. After those two podcasts my respect to you increased by 100x.
Thank you so much brother 🙏❤
Gaylord 😂
Excellent explanation
I got a valuable information through this video
Very informative
Wow! Analysis.❤
Amazing amazing!!
Very beautiful explan ❤ sir
Quite educative
Thanks is not enough but thanks for all the informative videos👍
India is a big Importer as well. It is affecting Indian's Imports from Europe and beyond, increasing cost and hence affecting their competitiveness in exports
Think about Russia's role in this conflict.
@@halberderdier8073Putler is all behind it.
Great video and absolutely top notch research Ganesh and team.
But I think we missed the part "What India is doing to secure our business" this time.
Love your content sir.....
Fantastic ❤
great session
Keep it up the good work...
Doing very good man
Excellent.
Great coverage for CSE aspirants, thanks
Yes ur right
Only economic perspective though
This whole video including the conflicts are giving a vibe of legacy CALL of DUTY's Mission briefings.
Thank you bhaiya
Kya baat hai ganesh bhai gym-vym jaane lage ho💪😎
All the best to you
Ytn baba sa jda viewers are happy
Sir ji❤
Good job....
Good Information
Hello Ganesh sir, big fan! When are we getting the video for new ipc law?? Bless u, happy new year😊
Very useful video
Very interesting one…
Please make a video in the other topic as well because the poll was very close.
Expected content at unexpected time.
Please make a video on economic growth of ASEAN countries
Can you make a video about how to do research about any topic , just like you discussed about retailing and transportation business in Sikkim (organic farming).
good infomation
"Fools dwelling in ignorance, yet imagining themselves wise and learned, go round and round in crooked ways, like the blind led by the blind".
❤
you have mentioned the cause and effect but I would suggest the possible opportunities for the other countries need to clarified so we can have the geopolitical view for the interest of any business or country
Soo good ❤❤❤
Probably the best video 😄
IT WAS THE USA THAT ATTACKED INDIAN SHIPS BECAUSE THEY WANT HELP.. THEY WERE NOT HIJACKED. YEMEN HAVE NOTHING TO GAIN ONLY THE USA HAVE SOMETHING TO GAIN WHEN INDIA SENDS ITS NAVY TO THE RED SEA. THINK SNOUT IT … ASK THE QUESTION WHY ?
Hi bro, been watching your videos since long time. Is there an (learning) opportunity for content researching/ organising at Think School? How to contact you?
Question: How the korean war will be more disastrous for world economy