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Search Result for “banking union”

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OPINION

The war and its likely consequences

Oped, Thitinan Pongsudhirak, Published on 17/04/2026

» As the joint attack between the United States and Israel against Iran that resulted in a wider regional conflict in the Middle East approaches its two-month mark, the directions of the war remain precarious while some of the longer-lasting consequences appear evident. Unsurprisingly, the war has been detrimental and damaging for all states and societies concerned, not just within the affected region but the wider world. Already we can start counting some of the long-term costs.

OPINION

Myanmar looks east again in search of legitimacy

Oped, Larry Jagan, Published on 17/04/2026

» Myanmar understands it needs to reach out to the world if it is to end its isolation and roll back the sanctions much of the West has levied against it. To this end, the men in green, now in civilian clothes, are seeking the support of traditional allies -- China and Asean, especially Thailand -- as well as Bangladesh and Pakistan, in an effort to reset foreign policy and regain international acceptance.

OPINION

Orban's fall seen as a populist turning point

Oped, Gwynne Dyer, Published on 16/04/2026

» Polish Prime Minister Donald Tusk sent a message congratulating Hungary's newly elected prime minister, Peter Magyar, for having evicted long-serving populist leader Viktor Orban (aka "The Viktator") from power. All the usual welcoming words, but Mr Tusk's message ended with two slightly mysterious words in Hungarian: "Ruszkik haza" -- Russians go home.

OPINION

Truth will prevail over Russia's war on Ukraine

Oped, Viktor Semenov, Published on 25/03/2026

» This recent February marked 12 years of armed aggression against my country and also marks five years since Russia's full-scale invasion of Ukraine. The Kremlin has constructed a series of myths that revolve around Ukraine's Revolution of Dignity, which Russia labels a "coup d'état by a junta," the alleged "threat from Nato", the so-called "protection of Russian-speaking population", and the sham referendums conducted at gunpoint in the temporarily occupied territories of Ukraine, which are legally null and void.

OPINION

Lesson from India to avoid the middle-income trap

Oped, Arvind Panagariya, Published on 18/03/2026

» Among Indian Prime Minister Narendra Modi's most ambitious goals is to transform his country into a developed economy by Aug 15, 2047 -- the centenary of Indian independence. Given India's growth record over the past two decades, the speed and scale of its infrastructure development in recent years, and the Modi government's willingness to enact large-scale economic reforms, India is likely to become one of the few developing countries to avoid the middle-income trap.

OPINION

Risk of crisis growing more acute

Oped, Chartchai Parasuk, Published on 05/03/2026

» This article is a follow-up to my previous piece titled "Fiscal deficit will trigger 2026 crisis". In that article, I argued Thailand's heavy dependence on external liquidity, combined with the government's need for 860 billion baht annually to finance its deficits, would lead to a severe liquidity shortage and, ultimately, a financial crisis.

OPINION

Killing the goose that lays the Olympic gold medal

Oped, Nancy Qian, Published on 24/02/2026

» The Olympic Games have always been about more than sports, with the medal count serving as a measure of national vitality. The 2026 Winter Games in Milan and Cortina are no different. The Americans, like everyone else, want confirmation of their preeminence. So important is that outcome that even US Vice President JD Vance briefly acknowledged the value of non-white immigration to the United States when he complained that Eileen Gu, the US-born medal-winning skier for China, should be competing under the American flag.

OPINION

Fiscal deficit will trigger 2026 crisis

Oped, Chartchai Parasuk, Published on 19/02/2026

» If readers want to be fully convinced that there will be a financial crisis in 2026, I can do that in three minutes. Readers need only look at the last two columns of the attached table, which depict the financing situation of the Thai economy in 2025 (actual) and 2026 (projected).

OPINION

Could a Brics currency rival the dollar?

Oped, Jim O'Neill, Published on 18/02/2026

» Could the Brics (Brazil, Russia, India, China, South Africa) ever launch a shared currency to challenge the US dollar's dominant position in the world economy? Like many conventional international economists, I have generally dismissed the idea, despite my own role in coining the Brics acronym, which led to the creation of a formal Brics club (since expanded into the Brics+, with the addition of five new members).

OPINION

Asean's role in a new world order

Oped, Chartsiri Sophonpanich, Published on 16/02/2026

» Profound shifts are reshaping the global economy as political uncertainty, geopolitical rivalry and changing trade patterns disrupt the old world order, while a new one has yet to fully emerge.