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Search Result for “rates”

Showing 1 - 10 of 1,309

OPINION

The 'billions to trillions' charade

Oped, Published on 23/05/2024

» The international development sector has become fixated on calculating financing gaps. Hardly a day goes by without new estimates of the funds low- and middle-income countries (LMICs) need to meet their climate targets and achieve the United Nations Sustainable Development Goals (SDGs).

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OPINION

Why the US can't win trade war with China

Oped, Published on 22/05/2024

» Allegations about China's manufacturing overcapacity have sparked heated discussions among policymakers. During her visit to China in April, US Treasury Secretary Janet L Yellen reportedly argued that "when the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question", adding that it was the same story a decade ago.

OPINION

A small Slovak assassination bid; few hurt

Oped, Gwynne Dyer, Published on 21/05/2024

» Madeleine Albright, the former US Secretary of State, once called Slovakia "the black hole at the heart of Europe", which seems a harsh judgement on five million Slovaks. The assassination attempt on Prime Minister Robert Fico was alarming, but we can narrow the problem down to a more specific group of people.

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OPINION

Green push needs united approach

News, Published on 20/05/2024

» Bridging the divide between agriculture and forestry is imperative for climate action. The global and national race is on to steeply reduce emissions over the next six years. According to the watershed Global Stocktake report, released ahead of COP28 in Dubai, we face the daunting task of reducing emissions by 43% by 2030 to retain the possibility of limiting warming to 1.5 degrees by the end of the century, and 27% to stabilise at a 2-degree temperature increase. Since the Paris Agreement was signed in 2015, we have managed only to be on track for a 2% reduction in emissions against 2019 baselines. Each subsequent year, we collectively feel the impacts of a hotter, more volatile climate as new records are set for temperature and natural disasters.

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OPINION

The popular decimation of India's democracy

Oped, Pranab Bardhan, Published on 18/05/2024

» India's ongoing parliamentary election, in which nearly a billion people casting their votes over a six-week period, should represent an extraordinary exercise of democracy. The bleak reality, however, is that the election appears poised to consolidate a decade-long process of democratic decay, which has included the decimation of liberal institutions and practices and weakening of political competition. After all, the leader who has presided over this process -- Prime Minister Narendra Modi of the Bharatiya Janata Party (BJP) -- remains wildly popular.

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OPINION

Climate change poses health threat

Oped, Published on 17/05/2024

» It is widely believed that climate change is the single biggest threat to human health. A global temperature increase of 2C -- a threshold that will likely be exceeded by the end of the century -- could claim as many as one billion lives, with extreme weather events, heatwaves, droughts, flooding, infectious disease outbreaks, and food shortages among the causes of death. But the situation may, in fact, be far worse because the current forecasts fail to account for the inevitable increase in antimicrobial resistance (AMR).

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OPINION

Stark reality behind economic figures

Oped, Chartchai Parasuk, Published on 16/05/2024

» At the time of writing this, the official Q1 GDP has not been announced by the National Economic and Social Development Council (NESDC). I expect the growth figure will be around 1.2%. My own estimation, using the Output Approach and actual sectoral production index, gives a growth figure of 0.98%. Detailed data are in the below table.

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OPINION

Govt, BoT spat may not be economic

Oped, Chartchai Parasuk, Published on 09/05/2024

» The row between the government and the Bank of Thailand (BoT) over its "high" interest rate is all over the news. Many have started questioning the appropriateness of the central bank's independence.

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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.

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OPINION

Burnout rate shows price of success

News, Published on 01/05/2024

» The search for success can be elusive, and possibly nowhere more so than in Singapore, one of the most competitive and overworked places on the planet. Long hours are the norm, a reputation it has built since the island-state gained independence from Malaysia almost 60 years ago and had to carve an identity for itself in an uncertain and scary world.