142
Russia finds way to buy sanctioned Nvidia AI chips: through Asian countries.
(www.pravda.com.ua)
this post was submitted on 28 Oct 2024
142 points (96.7% liked)
Technology
60049 readers
3204 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
In the end, it makes it much more expensive for supplies, reducing the amount they can spend on other fuckery. Yah, they'll still get them, but when inflation is rampant and you have highly reduced foreign trade reducing available foreign reserves, it makes its mark. Look at Cuba.
Cuba doesn't really pay much of a premium on their imports they're just cut off from the US. Did you know it's illegal for EU companies to bow to US sanctions on Cuba?
Cuba's main issue is that they never really industrialised. Like, they're importing light switches from the EU and are paying in rum, honey, nickel, and tourism. Which actually wouldn't be an issue if they weren't dependent on energy imports.
It doesn't really work out as well when the country you're sanctioning out produces yours in primary commodities. Russia has far too much precious metal for any monetary sanctions to work, that and the point of brics is to remove the Wests sanction ability