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Search Result for “financial crisis”

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OPINION

Is Asean ready to abandon coal?

Oped, Published on 14/06/2024

» Coal remains critical for providing secure and affordable energy, supporting economic growth, and enabling a just energy transition in the Association of Southeast Asian Nations (Asean). Scrapping coal without prudent energy planning could drag Asean member states (AMS) into a self-inflicted energy crisis.

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OPINION

Macron gambles on investor faith

News, Published on 12/06/2024

» French President Emmanuel Macron has taken a serious gamble in calling early parliamentary elections. The consequences of putting politics above economic stability could be profound. Financial markets don't like unnecessary or unexpected political volatility, especially at the core of the European Union. The electorate only gets to vote at elections; financial markets get to vote every day, and so far, they're giving a thumbs down to Mr Macron's ploy.

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OPINION

How Sino-American rivalry reshapes world order

Oped, Published on 12/06/2024

» Tensions between the United States and China continue to flare, even as Treasury Secretary Janet Yellen, Secretary of State Antony Blinken, and several other senior US officials visit the country for talks. The two sides may disagree on most things, but maintaining dialogue is an essential part of geopolitics. The breakdown in communication last year, following visits to Taiwan by prominent American politicians and the US downing of a Chinese spy balloon, was dangerous and destabilising, because when adversaries do not engage, misperceptions -- and the risk of a clash -- mount.

OPINION

Still haunted by Washington Consensus

Oped, Published on 11/06/2024

» In 1989, the British economist John Williamson christened what was to become the defining intellectual export of the era of globalisation: the Washington Consensus. Initially a reference to the policies adopted to tackle macroeconomic turmoil in Latin America, the term quickly morphed into a canonical "ten commandments" of development.

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OPINION

Thais must join Global Peace Summit

Oped, Kavi Chongkittavorn, Published on 11/06/2024

» This weekend, Thailand will join 100-plus countries at the Burgenstock Resort in Switzerland for the upcoming Global Peace Summit. Singapore, Malaysia and the Philippines have confirmed their participation. East Timor, which is expected to become a full Asean member in the future, is also participating.

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OPINION

20 years of errors can't be fixed easily

Oped, Chartchai Parasuk, Published on 30/05/2024

» I have a strong feeling that piecemeal measures are what the economy is going to get from the government to combat Thailand's long-standing economic problems.

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OPINION

Decarbonisation needs joint effort

Oped, Published on 21/05/2024

» As countries around the world experienced record temperatures last year, United Nations Secretary-General António Guterres declared, "We must turn a year of burning heat into a year of burning ambition." But to move away from fossil fuels and unlock the green transition's economic benefits, such as job creation and universal access to clean energy, industry leaders and policymakers must work together to translate the commitments made at the UN Climate Change Conference in Dubai (COP28) into actual renewable gigawatts.

OPINION

Break the development gridlock

News, Published on 20/05/2024

» How can the world attain sustainable human development when the gaps between rich and poor countries and inequality within countries are widening after the Covid-19 pandemic?

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OPINION

Why the economy is heading for a crisis

Oped, Chartchai Parasuk, Published on 02/05/2024

» I wish I were this good when it comes to picking winning lottery ticket. Just a few days ago, the Ministry of Finance (MOF) lowered its 2024 GDP growth projection from 2.8% to 2.4%, citing blah, blah, blah.

OPINION

Oil traders optimistic on war risks

News, Published on 23/04/2024

» Petroleum prices have fallen following Iran's missile and drone assault on Israel, confounding expectations that the escalation of the shadow war would cause them to rise.