Thai court to decide on PM Prayut’s future

BANGKOK: Thailand’s Constitutional Court is due to deliver its verdict on Friday (Sep 30) on a case that seeks to determine whether Prime Minister Prayut Chan-o-cha has already exceeded the eight-year term limit set for his role. Prayut, who seized power in a 2014 coup before formally becoming prime ministerContinue Reading

On China, US and Israel should talk tech, not trade

Despite the United States’ efforts to galvanize the West against China, competing interests between America and its closest democratic allies abound. The state of Israel is no exception: As Israel continues to develop its burgeoning, US$18 billion bilateral trade relationship with China, its international ports at Haifa and Ashdod remain persistent flashpoints between Israeli and American security experts. Since […]

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US Pacific Islands Strategy: what lies beyond

The United States hosted its first ever Pacific Islands Summit in Washington this week. It was attended by heads of state or government of the Cook Islands, the Federated States of Micronesia, Fiji, French Polynesia, New Caledonia, Palau, Papua New Guinea, the Republic of the Marshall Islands, Samoa, Solomon Islands, Tonga and Tuvalu, while the […]

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A way out of exchange-rate chaos

Part 1 of this series concluded that “currency hedging is not just costly and in some countries prohibitively so, preventing companies access to credit and grow, but it brings a misallocation of talents in a floating world.” Historically, countries have not managed exchange-rate gyrations well. Their experiences, Japan being prominent, show how accurate Paul Volcker was […]

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