Perfect Minister Prayut Chan-o-cha is encountering one more tough test that could oust him through power in the last stretch of their four-year term as he is set to face a fourth no-confidence movement later this month.Continue Reading
Public pushback against the Asian superpower’s South China Sea aggression, Belt plus Road Initiative and Uyghur repression confuse relations
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SEOUL: South Korea said it will tighten government spending in order to slow an increase in its debt and keep the particular debt-to-GDP ratio from mid-50 per cent by 2027, following many years of massive stimulus measures that have weakened the country’s fiscal situation. Its finance ministry said that theContinue Reading
SHANGHAI: Millions within Shanghai queued on with a third day associated with mass COVID-19 tests on Thursday (Jul 7) as government bodies in several Chinese cities scrambled to stamp out new outbreaks that have rekindled concerns about growth within the world’s second-largest economic climate. County officials across Cina were underContinue Reading
The country says it really is close to running away from petrol amid its worst economic crisis given that 1948.Continue Reading
COLOMBO: Sri Lanka will hold street shows in five key Indian cities to attract more visitors from its populous northern neighbour within a bid to bring more foreign currency into the crisis-hit tropical isle , its tourism minister said upon Wednesday (Jul 6). Known for its rolling hills, pristine beachesContinue Reading
COLOMBO: Sri Lanka is bankrupt and the acute discomfort of its unprecedented financial crisis will linger until at least the end associated with next year, Prime Ressortchef (umgangssprachlich) Ranil Wickremesinghe informed parliament Tuesday (Jul 5). The island nation’s 22 million people have endured several weeks of galloping inflation andContinue Reading
BEIJING: Struggling developers in China have started taking payment intended for homes in watermelons, peaches and other farming produce, state media reported Sunday (Jul 3), as they attempt to lure buyers deterred by a property marketplace slump. China’s housing market continues to be hit by a decreasing economy andContinue Reading
COLOMBO: The particular International Monetary Account reported constructive discussions with Sri Lankan authorities on Thursday night (Jun 30), increasing hopes it could quickly grant preliminary authorization for a credit service to alleviate a crisis in which the country is fighting to pay for imports. “The discussions will continue practically withContinue Reading
MANILA: Ferdinand Marcos Jr starts his six-year phrase as Philippines leader on Thursday (Jun 30) facing a host of difficulties, from rising pumpiing and COVID-19 outbreak recovery to balancing relations between competing superpowers the United States and China. The 64-year-old, who may be allowed only one phrase in the topContinue Reading