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Search Result for “policy U-turn”

Showing 1 - 10 of 390

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WORLD

Trump baffles with sudden U-turn on China buying Iranian oil

Bloomberg News, Published on 25/06/2025

» WASHINGTON - United States President Donald Trump on Tuesday appeared to undermine years of US sanctions on Iran, giving its biggest customer China the green light to carry on buying its oil as he seeks to bolster a ceasefire with Israel.

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OPINION

A new economic order needs a moral compass

Oped, Published on 24/06/2025

» Even before US President Donald Trump launched his assault on the global economy, it was facing not only a structural crisis but a collapse in the values that once justified and guided international cooperation. The retraction of multilateralism reflects not just weakened institutions and geopolitical tensions but also a loss of shared principles for international cooperation and a shift toward unilateralism, transactional diplomacy, and zero-sum nationalism.

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OPINION

Can financing for development talks succeed?

Oped, Published on 17/06/2025

» It is easy to be pessimistic about multilateralism nowadays. Recent international gatherings have yielded only unfulfilled promises. At a time when US President Donald Trump is abandoning America's international commitments, rejecting multilateral initiatives, and sowing chaos and confusion in global trade, can the Conference on Financing for Development (FfD4) at the end of this month go any better?

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THAILAND

Surge in cannabis smuggling prompts Thailand to tighten rules

Bloomberg News, Published on 24/05/2025

» The Thai government aims to clamp down on easy access to cannabis by mandating medical prescriptions amid rising instances of tourists attempting to smuggle out large quantities of weed.

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WORLD

Romanian court rejects far-right candidate's election appeal

AFP, Published on 22/05/2025

» BUCHAREST — Romania's constitutional court on Thursday validated the results of the presidential run-off vote at the weekend, won by pro-European Nicusor Dan, after rejecting an appeal by his defeated far-right rival.

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OPINION

Thai-US trade talks are likely to fail

Oped, Chartchai Parasuk, Published on 15/05/2025

» Don't get too excited over news the temporary trade deal between China and the US will mean friendly negotiations with other countries. The US government still aims for higher import tax income to narrow its monstrous fiscal deficit. As explained in a previous article, Donald Trump would love to see an average tariff rate of around 20% or higher on imports. Higher customs revenue already allowed the US to achieve a budget surplus of US$258 billion (8.5 trillion baht) in April. The figure incorporates only a 10% universal tariff, as full reciprocal tariffs were postponed for 90 days from April 8. Just imagine how nice the US budget position would be with 20% or more import tariff revenue?

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THAILAND

Casino bill 'a time-bomb'

News, Aekarach Sattaburuth, Published on 29/04/2025

» The casino-entertainment complex bill has become a political time-bomb for the Pheu Thai-led government, but questions remain as to which party will bear the brunt when the proposed law is put to a vote in parliament.

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GENERAL

Shares rise as trade tensions ease slightly

Business, Published on 26/04/2025

» RECAP: Asian shares rose yesterday in line with a global relief rally as trade tensions cooled and US Federal Reserve officials indicated they would be open to cutting interest rates earlier than anticipated.

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OPINION

Govt policies lack foresight

Oped, Editorial, Published on 25/03/2025

» Conflicting statements from the Ministry of Sport and Tourism and the Ministry of Foreign Affairs about the recent visa-free policy for some groups of tourists have only contributed to confusion over the matter.

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GENERAL

Plan to transfer state-run airports to Airports of Thailand scrapped

Online Reporters, Published on 07/03/2025

» The Ministry of Transport has made a U-turn on an earlier decision to hand over all state-run airports across the country to the Airports of Thailand Plc.