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Search Result for “rising debt”

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OPINION

Rupture, reform and how to rebuild

Oped, Robert F Godec, Published on 23/04/2026

» The world is teetering on the edge of a cliff. Russia, China, and the United States are using their military and economic power in the ruthless pursuit of power and domination. In doing so, they have ruptured an international system that for 80 years was characterised by rules, institutions, and a measure of cooperation.

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

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

Oil shock risks wider chain reaction

Oped, Chartchai Parasuk, Published on 16/04/2026

» There is no such thing as a free lunch. When global oil prices rise sharply, as they are doing now, someone must bear the cost. Some countries choose to absorb it through government support, as in Japan, while others pass the burden on to consumers, as in Thailand. Neither approach is inherently right or wrong; each carries different economic consequences. Policymakers must decide which set of outcomes is more acceptable and act accordingly.

OPINION

Modern-day mispricing of war

Oped, Antara Haldar, Published on 09/04/2026

» In the space of just a few weeks, the throttling of shipping traffic through the Strait of Hormuz has revealed the true nature of the US-Israeli war with Iran. This is no regional conflict, because the entire world is being invoiced. While the size of the bill remains to be determined, it is already obvious that the belligerents won't be the only ones paying the tab.

OPINION

Policy debate a litmus test

Oped, Editorial, Published on 09/04/2026

» A major showdown looks set to take place between the government and the opposition as Parliament begins its policy debate later today.

OPINION

Asean banks face climate pressure

Oped, Rachel Ho, Published on 08/04/2026

» The global oil and gas crisis is worsening. Amid the Middle East war, the central banks of countries in Southeast Asia must address a perfect storm of rising fuel prices, cost-of-living pressures, and worsening impacts of climate disasters.

OPINION

Rein in Gun's influence

Oped, Editorial, Published on 03/04/2026

» Influencer Guntouch "Gun" Pongpaiboonwet needs little introduction. Rising from being a noodle seller, he built his reputation through philanthropic activities -- fundraising, providing aid, and rescuing victims -- roles that also highlight systemic flaws in Thailand's bureaucracy.

OPINION

Government stability tests performance

Oped, Thitinan Pongsudhirak, Published on 03/04/2026

» Prime Minister Anutin Charnvirakul has gone from strength to strength, leveraging a stopgap minority government late last year into solid majority rule after the Feb 8 election.