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Search Result for “economic crisis”

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WORLD

Pope visits Cameroon city hit by post-vote protest deaths

AFP, Published on 17/04/2026

» DOUALA - Pope Leo XIV will offer mass on Friday in Cameroon's economic capital Douala, the biggest event of a visit marked by his calls for peace and spat with US President Donald Trump.

SPORTS

Wrexham's Hollywood takeover fuels economic boom

AFP, Published on 17/04/2026

» WREXHAM (UNITED KINGDOM) — Wrexham's fairytale rise since a takeover by Hollywood actors Ryan Reynolds and Rob McElhenney has not been limited to on-pitch success as a wave of new fans from around the globe has fuelled an economic boom in north Wales.

BUSINESS

Trump brushes off high fuel costs as ‘fake’ in economic speech

New York Times, Published on 17/04/2026

» LAS VEGAS — United States President Donald Trump on Thursday dismissed high fuel costs amid his war with Iran, claiming that the economic damage inflicted by the war was much less severe than expected.

THAILAND

Policy viability under scrutiny

News, Aekarach Sattaburuth, Published on 17/04/2026

» Analysts have expressed caution over the feasibility of Prime Minister Anutin Charnvirakul's "Five Pillars" policy roadmap, unveiled under the slogan "Promises Delivered," citing a lack of clearly differentiated initiatives, the absence of a "signature" policy, and the lack of an explicit commitment to constitutional amendments.

BUSINESS

Tourism sector seeking clear policies

Business, Molpasorn Shoowong, Published on 17/04/2026

» Tourism operators have criticised the government for lacking clear policies to address the debt burden and improve the competitiveness of small and medium-sized operators.

THAILAND

U-Tapao plan eyes 3m travellers a year

News, Post Reporters, Published on 17/04/2026

» The launch of the U-Tapao Airport and Eastern Airport City (EECa) development plan aims to transform U-Tapao into a new aviation hub capable of handling three million passengers annually.

BUSINESS

Fuel crisis upends state's fiscal plans

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.

THAILAND

Calls mount for energy pricing rejig

News, Post Reporters, Published on 17/04/2026

» A coalition of civic groups has called on Energy Minister Akanat Promphan to reform the energy pricing structure, enact laws to reclaim excess refinery profits, and liberalise rooftop solar installation for households.

BUSINESS

Agency raises diesel price ceiling in cost formula

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The Comptroller General's Department has raised the diesel price ceiling used in calculating reference prices for public construction projects to no more than 69.99 baht per litre, in order to reflect the rising costs of government construction works resulting from the war in the Middle East.

BUSINESS

K-Research foresees stagflation risk in H2

Business, Nareerat Wiriyapong, Published on 17/04/2026

» Thailand is expected to enter a state of stagflation late in the second quarter and the beginning of the third quarter of this year as businesses begin material restocking while oil prices remain high amid ongoing conflicts in the Middle East, according to Kasikorn Research Centre (K-Research).