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Search Result for “lira”

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OPINION

Taking a journey into the unknown

Roger Crutchley, Published on 13/07/2025

» According to newspaper reports Bulgaria will next year become the 21st country to adopt the euro. Admittedly it's hardly earth-shattering news and is possibly the first time Bulgaria has ever been mentioned in PostScript, let alone its currency, the "lev". But it reinforces my feeling that the European Union and the euro is partly responsible for taking the fun and romance out of travel.

OPINION

How elections bring about a cycle of devaluation

Oped, Jeffrey Frankel, Published on 01/05/2024

» The proposition that major currency devaluations are more likely to come immediately after, rather than before, an election is being tested anew. In the biggest voting year in history, the implications could be far-reaching.

OPINION

Soft or hard landing for Thai economy?

News, Chartchai Parasuk, Published on 08/02/2024

» Personally, I am sure the Thai economy will crash this year. I can even estimate the time when the crash will start. It is likely to be the month of May as several big economic bombs will explode that month. Confirmation of this belief came in December 2023's economic data. The most disturbing part is industry's capacity utilisation rate of 56.2% (seasonally adjusted), which is the second lowest in the world. The world's lowest is Nigeria!

OPINION

Thai interest rate policy needs changing

Oped, Chartchai Parasuk, Published on 05/05/2022

» On March 16, the Federal Open Market Committee (FOMC), the US equivalent of Thailand's Monetary Policy Committee, raised its policy interest rate (Fed Funds Rate) by 25 basis points from 0.00%-0.25% to 0.25%-0.50% to tame rising inflation.

OPINION

Omicron's threat to global supply chain

Oped, Chartchai Parasuk, Published on 13/01/2022

» By definition, a supply chain disruption is any event that causes a disruption in the production, sale, or distribution of products. Supply chain disruptions can include events such as natural disasters, regional conflicts, and pandemics.

OPINION

The year of the woeful world leaders

News, Leonid Bershidsky, Published on 28/12/2018

» The dictionaries have decided on their 2018 words of the year. Oxford picked "toxic". Merriam-Webster went for "justice". Collins chose "single-use". However, I'd zero in on "misgovernment". Surely, 2018 saw a number of countries misruled by the worst crop of world leaders in recent memory.