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Search Result for “currency”

Showing 1 - 9 of 9

OPINION

America risks grand folly in Iran war

Oped, Thitinan Pongsudhirak, Published on 06/03/2026

» It is just the first week of the joint attack between the United States and Israel on the Islamic Republic of Iran, but the repercussions from the Middle East for the Indo-Pacific are already discernible.

OPINION

Indonesia leads Asean into Brics+

Oped, Thitinan Pongsudhirak, Published on 17/01/2025

» As the new year gets underway with the looming re-inauguration of United States President Donald J Trump, countries and entire regions are having to manoeuvre and realign in view of an accelerated breakdown of the post-Second World War rules-based liberal international order.

OPINION

Trump's tariff blackmail boosts Brics

Oped, Thitinan Pongsudhirak, Published on 06/12/2024

» Even before officially taking office, United States President-elect Donald J Trump is shaking up the international system with drama and fanfare unlike any other major leader in recent memory. His most recent outburst to slap 100% tariffs on the "Brics" countries -- Brazil, Russia, India, China, and South Africa, as well as Egypt, Ethiopia, Iran and the United Arab Emirates -- is a case in point. While it will coerce developing economies to think twice about the cost of going their own way, this tariff blackmail and others like it also risk pushing smaller countries away from the US to other rival big powers, particularly China.

OPINION

Post-Covid headwinds hit the region

Oped, Thitinan Pongsudhirak, Published on 14/10/2022

» As the five economies in mainland Southeast Asia re-emerge from the Covid-19 pandemic, their prospects for recovery and return to growth and development appear challenged, characterised by deteriorating balance of payments, fiscal weaknesses, currency depreciations, and rising inflation amidst global monetary tightening and recession risks.

OPINION

Cambodia and Laos in the regional mix

Oped, Thitinan Pongsudhirak, Published on 30/09/2022

» As geopolitical tensions from Russian aggression in Ukraine and the ongoing United States-China rivalry intensify, Southeast Asia will be hard-pressed to maintain peace and security. Despite their relatively small size, Cambodia and Laos are two countries whose political trajectories will shape regional outcomes. While Cambodia has consolidated domestic political power with dynamic economic expansion, Laos is looking like a regional laggard facing a deep debt crisis. As Cambodia moves forward, Laos is at risk of being left behind.

OPINION

Superpower rivalry to put region to test

News, Thitinan Pongsudhirak, Published on 30/08/2019

» More than 18 months in, the trade war between the United States and China is not having its intended effects. Despite a flurry of US-led tariff hikes on Chinese products followed by China's retaliatory tax increases on American-made goods since January last year, the government of President Donald Trump is not perceived to be winning the trade conflict. China has proved more resilient and resourceful than many had anticipated. What this means is that the trade war is going to last much longer than many had expected. It is also likely to spread to other areas beyond trade and degenerate into a full-fledged non-military war.

OPINION

Thailand's lessons from the Prem years

News, Thitinan Pongsudhirak, Published on 31/05/2019

» In a galloping world of communications instantaneity, Gen Prem Tinsulanonda's passing earlier this week is likely to be framed by popular expectations and grievances so far in the 21st century rather than the conditions and circumstances of the 20th century where most of the late elder statesman's life was rooted.

OPINION

Belt and Road is China's 'manifest destiny'

News, Thitinan Pongsudhirak, Published on 07/09/2018

» No national project of global reach carries as much stake and attracts as much attention as China's Belt and Road Initiative (BRI). Conceived in 2013, the BRI is the colossal brainchild of President Xi Jinping and his government.

OPINION

A trade war that is about more than trade

News, Thitinan Pongsudhirak, Published on 24/08/2018

» The most dangerous risk from the ongoing "trade war" between the United States and China is that it is not fundamentally about trade. With each tit-for-tat escalation and retaliation from both sides, what the world is witnessing is a larger struggle between two grand competitors of the 21st century, underpinned by opposing systems of socioeconomic organisation, values and ideas about global order.