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Search Result for “Foreign exchange”

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OPINION

A regulatory tightrope on data privacy

News, Sutapa Amornvivat, Published on 17/05/2017

» Over the weekend, computers worldwide were hit by a cyber attack of unprecedented scale. The malware, known as WannaCry, holds your data hostage until a ransom is paid. What has transpired in such a short period of time demonstrates the fragility of data protection and the risks associated with this technology. Public fear and anger could bring about changes that hinder future innovators, unless a middle-ground solution is established.

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OPINION

The European Project stands on the brink

News, Sutapa Amornvivat, Published on 15/03/2017

» The feverish environment that cultivated in Donald Trump's win in the US election is brewing strongly in Europe. Next month, the French are going to cast their votes for their next president. This election is unlike others as one of the top contenders promises an exit from the Eurozone within six months. Such a move by a core member country such as France could go down in history as the beginning of the end for the grand European Project.

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OPINION

Another crack in China's financial stability

News, Sutapa Amornvivat, Published on 22/02/2017

» Last month, China's foreign exchange reserves just fell below the psychological threshold of $3 trillion. The event got people talking about yet another worldwide financial firestorm. For Thailand, things could get even rockier than in 2008 as the epicentre of the earthquake would be much closer to home this time around.

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OPINION

National sovereignty concerns in cyberspace

News, Sutapa Amornvivat, Published on 19/10/2016

» Recently, I was called upon to write a short memo for a policy-letter collection to the would-be 45th president of the United States; the piece would be framed as a policy suggestion in response to shifts in the strategic outlook and value of Asia's rising generation. Clouded in the harsh political rhetoric of personal characterisation and domestic focus during year-long presidential campaigning, one issue with immense global impact in the age of connectivity has yet to receive sufficient spotlight: cyber-security.

OPINION

Mega-investment is no longer a choice

News, Sutapa Amornvivat, Published on 27/01/2016

» As the year of the monkey kicks off, anxiety abounds. For the first time in nearly half a century, no single economic power enjoys bullish prospects. In the 1980s, Japan was at the height of its "miracle" with record salaries and employment. In the 1990s, the United States rode the success of rapid technological change that created waves of new jobs as well as the dot com bubble. At the turn of the millennium, the European Union was exuberant with the promise of growth driven by a streamlined internal market and single currency. Then China's accession to the World Trade Organisation helped it re-emerge as one of the world's great economic powers, marching briskly forward even during the global financial crisis of 2008. Today, there is no comparable big winner.