Government spokesman Anucha Burapachaisri As the government nears its half-term mark, it faces an uphill battle to reach its goal of giving the country’s ailing economy a shot in the arm, said government spokesman Anucha Burapachaisri. That said, Mr Anucha maintained that reviving the economy […]
Day: March 4, 2021
Aurora raises registered capital to list on bourse
Gold ornaments on display at the opening of the Aurora gold shop, Megabangna branch. Darana Chudasri Aurora, the country’s largest gold and jewellery retailer, plans to raise its registered capital by an additional 200 million baht to meet the regulator’s requirement for a minimum of 300 […]
15 rights groups urge Biden to address Bahrain abuses
A group of 15 rights groups urged the administration of US President Joe Biden to address the deterioration of human rights in Bahrain by adopting a rights-based foreign policy towards the Gulf. The group, which includes the Bahrain Institute for Rights and Democracy (BIRD), Amnesty […]
US stocks close lower amid inflation, volatility concerns
Stocks and bonds sold off after Federal Reserve Chairman Jerome Powell underwhelmed markets by refraining from pushing back more forcefully against the recent spike in Treasury yields. The SP 500 briefly erased its 2021 gains, notching its lowest close in about five weeks. Benchmark 10-year […]
US Senate takes up massive COVID-19 rescue bill
The United States Senate cleared a key procedural hurdle on Thursday paving the way for its approval this weekend of President Joe Biden’s proposed $1.9 trillion COVID-19 rescue legislation. “The United States is facing a once in a century crisis that has sapped millions of […]
Myanmar coup leaders tried draining $1bn from US account: Sources
Myanmar’s military rulers attempted to move about $1bn held at the Federal Reserve Bank of New York (FRBNY) in the United States days after seizing power on February 1, prompting US officials to put a freeze on the funds, three people familiar with the matter, […]
US debt projected to balloon to more than double GDP by 2051
The U.S. federal debt will grow to more than double the size of the economy in three decades, increasing the risk of a fiscal crisis even though dangers appear low in the near term, the Congressional Budget Office said. Debt will be equivalent to 202% […]
Matamoros to the US: A long journey across a short bridge
Matamoros, Mexico/Brownsville, Texas, US – Late last month in Matamoros, one of the asylum-seeker camps on the US-Mexico border, the usual hive of activity was gone and an air of nervous anticipation descended as the Mexican Migration Institute (INM) closed the tall razor-wire topped gates […]
Military helicopter crash in southeast Turkey kills 11
An army helicopter crashed in southeast Turkey on Thursday, killing 11 military personnel and injuring two others, the defence ministry said. The Cougar-type helicopter crashed near the village of Cekmece, close to the town of Tatvan, in the predominantly Kurdish-populated Bitlis province. It was on […]
WHO inspectors ‘to scrap interim report’ on probe of COVID origin
A World Health Organization (WHO) team investigating the origins of COVID-19 is planning to scrap an interim report on its recent mission to China amid mounting tensions between Beijing and Washington over the investigation and an appeal from one international group of scientists for a […]