Showing 1 - 7 of 7
Stars align for Yingluck's return
News, Veera Prateepchaikul, Published on 09/12/2024
» The prospect of fugitive former prime minister Yingluck Shinawatra returning home to celebrate the Songkran festival in mid-April is not just wishful thinking by her brother Thaksin, given developments concerning a few key players in the infamous rice-pledging scheme and the Corrections Department's move to draft regulations pertaining to detentions outside prison.
Elon Musk and his US$2 trillion fiscal fantasy
News, Jeffrey Frankel, Published on 27/11/2024
» When the US presidential election was called for Donald Trump, the yield on ten-year US government bonds increased from 4.3% to 4.4%, and the 30-year-bond yield rose from 4.5% to 4.6%, with both remaining at those levels ten days later. As the bond market declined -- higher yields mean lower prices -- the stock market rose. Clearly, investors expect the next Trump administration to produce higher government budget deficits and more debt.
Do carbon credits make a difference?
News, Rapeepat Ingkasit, Published on 27/11/2024
» At COP29 in Baku, carbon credits ignited intense debate from the very start. While Azerbaijan, the host nation, celebrated progress on Article 6, climate justice groups criticised carbon markets for enabling major polluters to continue emitting greenhouse gases.
Debt bailout warning
News, Editorial, Published on 25/11/2024
» The Paetongtarn government has announced a bold policy to address Thailand's mounting household debt crisis. The initiative includes a three-year suspension of interest payments for mortgages, vehicle loans and loans for small and medium-sized enterprises (SMEs), among other items.
Our planet must be liveable for all
News, Jorge Moreira da Silva, Published on 18/11/2024
» World leaders have gathered in Baku for the COP29 climate negotiations. The goal is clear: to maintain a liveable planet, we need to cut emissions as much and as urgently as possible.
What Trump's win means for the climate
News, Gernot Wagner, Published on 11/11/2024
» Elections are supposed to clarify policy uncertainties, and on the economic front, Donald Trump's victory over Kamala Harris has done just that. All three major US stock indices and US Treasury yields jumped after Nov 5, reflecting expectations of both strong economic growth and soaring debt and inflation.
New IMF debt deal needs a rejig
Oped, C P Chandrasekhar & Martín Guzmán & Jayati Ghosh & Charles Abugre, Published on 03/10/2024
» Ranil Wickremesinghe, Sri Lanka's president, recently lost his re-election bid after voters overwhelmingly rejected the debt-restructuring deals he negotiated with the International Monetary Fund (IMF) and other creditors. Instead, Sri Lankans elected Anura Kumara Dissanayake, leader of the left-wing National People's Power (NPP) alliance and a vocal critic of IMF-imposed austerity measures, who has vowed to renegotiate the country's agreement with the fund.