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Search Result for “banking sector”

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OPINION

Is the Iran war America's Suez or its Gallipoli?

Oped, Yanis Varoufakis, Published on 21/04/2026

» When Egypt closed the Suez Canal for five months in 1956, it triggered events that shrunk the global standing of Britain's pound sterling, inaugurated the petrodollar age, and demonstrated how a small country can inflict serious damage upon the economic power that had subjugated it decades earlier.

OPINION

Crypto push undermines US power

Oped, Jayati Ghosh, Published on 20/04/2026

» The Ouroboros, the ancient image of a serpent devouring its own tail, has long symbolised self-defeating strategies. It is thus an apt metaphor for US President Donald Trump's current policies. His reckless and illegal war against Iran is the clearest example, but his administration's enthusiastic embrace of crypto currencies represents a subtler, slower-burning expression of the same self-destructive tendency.

OPINION

Car scheme doubts

Oped, Editorial, Published on 20/04/2026

» The government's planned "old car for new" scheme, a campaign to provide a subsidy and soft loans to accelerate electric vehicle adoption, marks a policy push to advance the transition towards net zero. In principle, the direction sounds good.

OPINION

Chinese economy turns a corner

News, Stephen Jen, Published on 18/04/2026

» China has turned a corner, finally. Five years after Beijing began cracking down on its bloated property sector, its economy is now on a much more sustainable path anchored in high-quality growth -- and the correction has left far fewer scars than many feared.

OPINION

When will the IMF ever learn?

Oped, Timothy Kaldas, Published on 16/04/2026

» This year's International Monetary Fund Spring Meetings come at a time of heightened economic uncertainty and intense scrutiny of the institution's capabilities and approach. Critics on the left argue that the IMF imposes regressive austerity measures on borrowers, exacerbating poverty, hampering economic growth, and undermining their ability to achieve debt sustainability. On the right, US President Donald Trump's administration has accused the IMF of "mission creep," claiming that it has strayed from its core mandate of maintaining macroeconomic stability.

OPINION

China's water security ambitions

News, Amit Ranjan and Genevieve Donnellon-May, Published on 15/04/2026

» China holds only 6% of the world's fresh water, which supports nearly 20% of the global population and generates over 18% of global gross domestic product. The country faces water challenges largely due to water quality concerns and significant spatio-temporal imbalances.

OPINION

Projecting hope for a world in turmoil

Oped, Vitit Muntarbhorn, Published on 10/04/2026

» Today, the world is witnessing the most explosive situation since World War II, all too visible in conflicts such as the Iran war.

OPINION

No, this is not a New Normal

Vanich Kittichai, Published on 04/04/2026

» “This is the New Normal” is how spokesperson for the Centre for Monitoring the Situation in the Middle East, Nuttaa Mahattana, has characterised Thailand’s current struggle with soaring fuel and commodities prices triggered by the war in the Middle East.

OPINION

Cancer Bill raises hopes

News, Editorial, Published on 04/04/2026

» The Ministry of Public Health is making the right move in drafting the Cancer Bill. The legislation raises hopes for improved access to treatment, stronger prevention, and greater equity in medical resources, as the country faces a growing cancer burden and mounting healthcare costs.

OPINION

Save Dutch embassy

Postbag, Published on 04/04/2026

» Re: "City's green spaces losing ground", (Opinion, March 30).