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Search Result for “convertible”

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OPINION

Wild animals are not pets

Oped, Editorial, Published on 27/01/2024

» The report about a wealthy foreigner driving along a crowded street in Pattaya this week with a lion cub in the back of his Bentley convertible is not just another gaudy display of excessive richness.

OPINION

'Worthless, risky' cryptocurrencies should be banned

Oped, Willem H. Buiter, Published on 12/02/2022

» The price of Bitcoin has undergone yet another wild gyration, rising from $41,030 (1.3 million baht) on Sept 29, 2021, to $69,000 on Nov 10, 2021, before falling back to $35,075 on Jan 23. That is its second-largest decline in absolute value, though it has suffered larger declines in percentage terms, such as between Dec 15, 2017, and Dec 14, 2018, when it fell by 83.8%. More broadly, the cryptocurrency market (comprising some 12,278 coins) was estimated to be worth $3.3 trillion on Nov 8, 2021, before plummeting to $1.75 trillion as of Jan 30.

OPINION

Janet Yellen's new financial multilateralism

Oped, Paola Subacchi, Published on 13/03/2021

» The International Monetary Fund and World Bank have sprung into action in ways that would have been inconceivable even a year ago. Under former President Donald Trump, the US -- the main shareholder, with veto rights, in both institutions -- did little to shape their policies. Now, the US is taking the lead in coordinating their role and helping poor countries respond to the Covid-19 crisis.