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Don't rely on last year's trends for global economy
Oped, Published on 16/01/2024
» Behavioural economists have popularised the term "recency bias" to describe our tendency to be disproportionately influenced by the latest events compared to earlier ones. Could this cognitive phenomenon explain why numerous analysts have a rather optimistic tilt for the world economy in 2024? Or are there really positive trends counterbalancing the obvious and mounting challenges to global growth?
Crisis of faith is reaching a crescendo
Oped, Chairith Yonpiam, Published on 31/07/2021
» The harsh words by MC Chulcherm Yugala, a staunch royalist, against the Prayut Chan-o-cha government, denouncing its poor handling of the Covid-19 outbreak, have stunned political observers and supporters of the prime minister. Given his senior royal status, the prince's criticism has triggered wild speculation over a possible new prime minister endorsed by the palace.
Public apathy feeds high-level graft
News, Published on 15/06/2015
» Ours is a world of impunity. Allegations of corruption swarmed around Fifa for decades, culminating in mass indictments of Fifa officials last week. Yet Fifa president Sepp Blatter was re-elected four times, including after the indictments were filed. Yes, Mr Blatter has finally resigned, but only after he and dozens of federation members once again showed their scorn for honesty and the law.