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WORLD

Biden signs emergency law forcing rail unions to accept wages deal

AFP, Published on 02/12/2022

» WASHINGTON - US President Joe Biden signed into law Friday a rare intervention by Congress forcing freight rail unions to accept a salary deal, avoiding a possibly devastating strike -- but putting the pro-union Democrat in an awkward political position.

WORLD

Manila prison holds mass burial of 70 unclaimed bodies

Kyodo News, Published on 02/12/2022

» MANILA: The unclaimed bodies of 70 inmates at the Philippines’ largest and most congested prison were buried on Friday, several weeks after justice authorities discovered decomposing bodies.

WORLD

Putin: Strikes on Ukraine infrastructure 'inevitable'

AFP, Published on 02/12/2022

» MOSCOW: President Vladimir Putin said on Friday Russia's strikes on Ukrainian infrastructure were "inevitable" as the Kremlin rejected US President Joe Biden's terms for talks and warned the assault would continue.

WORLD

Energy crisis driving climate-friendly power savings

AFP, Published on 02/12/2022

» PARIS: Russia's invasion of Ukraine has driven countries across the world to boost energy efficiency, creating "huge potential" to tackle high prices, security and climate change, the International Energy Agency (IEA) said on Friday.

BUSINESS

Hot US job market a challenge for Fed

Bloomberg News, Published on 02/12/2022

» WASHINGTON: US employers added more jobs than forecast in November and wages surged by the most in nearly a year, pointing to enduring inflationary pressures that boost chances of higher interest rates from the Federal Reserve.

BUSINESS

Central bankers fear more volatile inflation

Bloomberg News, Published on 02/12/2022

» The global economy may be headed for a new era of volatile inflation, making it even more crucial to anchor expectations about where prices are headed, top central bank governors meeting in Bangkok warned on Friday.

WORLD

Malaysian PM Anwar will also hold finance post

Bloomberg News, Published on 02/12/2022

» KUALA LUMPUR: Malaysian Prime Minister Anwar Ibrahim has appointed himself as finance minister, betting he’s the best person to sustain the country’s fragile post-pandemic recovery as the economy heads for a slowdown next year.

LIFE

Dine out with Dad

Guru, Nianne-Lynn Hendricks, Published on 02/12/2022

» In commemoration of the birth anniversary of the late King Bhumibol Adulyadej, Dec 5 has long been honoured as "Father's Day" in Thailand. To celebrate your dad, we give you a choice of places offering special deals for fathers!

BUSINESS

EU price cap for Russian oil on hold

AFP, Published on 02/12/2022

» BRUSSELS: The West's plan to starve Russia of resources to fight its war in Ukraine by imposing a price cap on its oil exports hit a diplomatic logjam in Brussels on Friday.

WORLD

Ramaphosa: From Mandela protégé to scandal-hit leader

AFP, Published on 02/12/2022

» JOHANNESBURG: Pragmatic, wealthy and ambitious, Cyril Ramaphosa promised "a new dawn" for corruption-ridden South Africa when he became president.