BMA probes falling beam on Rama IV

The concrete beam fell from a crane on the vehicle on Rama IV Road on Saturday. (Photo: Bang Rak District Office)
On Saturday, the car on Rama IV Road was impacted by a crane-caused concrete frame. ( Photo: Bang Rak District Office )

After a practical plate fell from a crane and causing damage to three cars on Saturday, Bangkok government Chadchart Sittipunt ordered the expulsion of destruction work at the Srifuengfung Building on Rama IV Road.

Along with deputy governor Wissanu Sabsomphon, a representative of the Thailand Structural Engineers Association ( TSEA ), and various other parties, Mr. Chadchart on Sunday visited the site, which is located close to the U Chu Liang Building on Rama IV Road in the Bang Rak district.

The 12-story Srifuengfung Building, according to Mr. Chadchart, has a mezzanine ground, totaling 14 floors.

According to him, the Bangkok Metropolitan Administration’s Department of Public Works approved the significant building’s demolition in June 2024.

He claimed that the beam fell from the six-story creating at 4pm as a result of a crane’s lowering of it and other supplies.

According to him, a rumored electronic issue in the cranes operator’s cab may have caused the practical to drop onto three delivery trucks parked on the side of the road below.

He claimed that the disruption was kept to a minimum by moving the fell construction materials with the aid of Bang Rak rescue workers, power officials, and firefighters.

” This is a dangerous incident that ought to have occurred. Happily, no one was injured”, he said.

He also mandated that the destruction be halted until a thorough research is finished, which is expected to take place in 15 days, he said.

Information is being collected to fully understand the causes of the falling frame event, according to TSEA president Amorn Pimanmas.

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Shaky hold on site safety

A section of Rama II Road in Samut Sakhon, previously closed due to a concrete beam collapse on Nov 29, has been reopened. Six workers were killed and nine others were injured in the mishap. Department of Highways
A portion of Samut Sakhon’s Rama II Road, which was recently closed on November 29 as a result of a collapsed cement beam, has now been reopened. Nine people were hurt in the accident, along with six staff who died. Department of Bridges

Following a two-week delay caused by a crane carrying a practical beam collided onto the street in Samut Sakhon on November 29, causing the accident that caused six workers to die and nine others to get hurt, visitors on Rama II Road entirely resumed on Saturday.

At 4.13 am, an incident occurred on the outbound traffic lanes of the elevated Ekkachai-Ban Phaeo Intercity Motorway 82 ( M82 ) site in the Muang district’s Khok Krabue sub-district.

Apirat Chaiwongnoi, director-general of the Department of Highways ( DoH ) said on Sunday that both inbound and outbound traffic have returned to normal.

According to him, officials from several organizations have collaborated to immediately clear the area, repair the area’s collapsed composition, and repair the road surface in 14 days.

Regarding payment for the families of the deceased and injured, he said the bills have been completed, totalling more than 5.4 million ringgit.

The Department of Highways expressed regret for the pain caused and thanks all travellers for their assistance in avoiding the way.

Five years of labor

The Rama II Road, or Highway No 35 ( Thon Buri-Pak Tho Road ) is 84 km long. In the southwestern region of Bangkok, it begins at the T-junction of Suk Sawat Road and Rama II Road.

Before making a connection to Highway No 4 or Phetkasem Road at KM 84 041 in Ban Wang Manao, Pak Tho city of Ratchaburi, the route passes through Samut Sakhon and Samut Songkhram.

Job has been under way on this path since 1973, or more than 50 years, said a cause. It has expanded from six to 10 roads and then 14 roads.

Expressways are currently being constructed above the street to deliver drivers with alternate routes to the south.

Three jobs are currently being built. One is the 30 billion ringgit Rama III Road to Rama II Road freeway.

The second is the 10.5 billion bass Rama II Road, which connects Bang Khun Thian in Bangkok and Ekachai in Samut Sakhon.

The second is Samut Sakhon’s increased Bridge No 82, which connects the Ekachai region to the Ban Phaeo district. The price is 18.7 billion ringgit.

Numerous accidents have occurred in recent years while initiatives on Rama II Road were being worked on, resulting in injuries or deaths for both drivers and workers. One Italian-Thai business worker, for instance, fell from an road beam during its installation, killing herself in 2021.

A 5-tonne cement slab from a U-turn gate fell on some passing cars in July 2022, causing two fatalities and two injuries. A car was harmed when a big mass of water that was trapped on an expressway fell on August 2022.

In 2023, there were three more incidents, including the one in which a worker was killed when material from an road fell on him in December. In January this year, a crow’s rope broke from a level of 15 feet, killing one employee, and injuring another.

Security measures needed

According to Prof. Amorn Pimanmas, president of the Thailand Structural Engineers Association ( TSEA ), accidents like the most recent one on November 29 illustrate the dangers that large-scale construction in Thailand poses for both workers and the general public.

In the short term, the requirements of all jobs that use sliding metal trusses may be reviewed, including operating procedures, network patterns, and the strength of the metal frame.

The” steel launching truss,” which lifts the material parts or sections to be aligned, is the underlying problem, and it necessitates the supervision of a high-level architect. That engineer had possess thorough understanding, never leave it up to the professionals to do it,” he said. According to him, employees are required to receive instruction in architecture and safety practices as well.

The authorities should pass laws enacting regulations for medium and long-term measures that apply to design using the sliding metal truss system. Engineers, foremen, material girder operators, and workers must complete training and a check to obtain a licence.

He said that in developed nations like Japan, laws exist to formally bind contractors who are aware of sliding metal truss systems to stop those who do not have knowledge from accepting the position. However, this has not already taken place in Thailand.

The state wants to punish the companies who caused the accident, which he agreed with, but said the government may even punish suppliers.

For good support, the state may have a list of contractors who have been trained and adhere to health requirements, so contractors can pick from the list rather than just pick any businesses, he said, some of whom may not have the understanding.

However, the Transport Ministry has yet to launch its investigation effect of the Nov 29 injury.

Minister Suriya Jungrungreangkit stated that he had given the Department of Highways, the Department of Rural Roads, the Mass Rapid Transit Authority of Thailand, and the Comptroller General’s Department of the Finance Ministry the task of coordinating the contractors ‘ performance and to keep track of it in a” Contractor’s Notebook.”

He claimed that the laptop will keep track of the performance of each business that has agreements with state agencies. If a company fails to meet security requirements, the government will withdraw its scores and ultimately erase its title from the registry, barring them from state contracts.

Apirat: Personnel ' compensation paid

Apirat: Personnel ‘ compensation paid

Amorn: Major works fraught with risk

Amorn: Major works fraught with risk

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US, China, Russia gearing up for space wars to come – Asia Times

As China’s subtle maneuvers, Russia’s hunter-killer satellites, and the US’s press for efficient orbital fight capabilities converge toward future space battles, the conflict is escalating.

According to Air & Space Forces Magazine, US Space Force leaders have been looking for more maneuvering abilities as a result of China’s extreme orbital maneuvers in geostationary orbit.

Air &amp, Space Forces Magazine mentions that since 2010, China has launched roughly 1, 000 satellites, with new activities involving large activity rates, planetary war techniques and evasion tactics.

The document highlights the dangers posed by China’s powerful telescope tactics, which include inspecting, moving or damaging another observatories. According to the record, these tactics are uncommon for a geostationary circle and aim to avoid detection and disruption.

According to the statement, US Space Force Commander General Stephen Whiting cited China’s use of novel orbit and on-orbit fuel as evidence that the need for sustained place movement abilities.

Additionally, it mentions Brigadier General Anthony Mastalir’s warning about a paradigm change that required the US to adjust. Additionally, the report mentions Lieutenant General Douglas Scheiss ‘ suggestion that because both countries have maneuvering skills, there might be a “dogfight in space.”

According to Air &amp, Space Forces Magazine, the US aims to create systems similar to the X-37B spaceplane to lessen operating surprises and bridge planetary governments.

Defense Scoop reported in October 2024 that the US Space Force gave California-based business Impulse Space a$ 34.5 million commitment to show on-orbit flexibility for its strategically flexible storage system in addition to the X-37B spaceplane.

The contract includes the delivery of two orbital maneuver vehicles ( OMV) for the Victus Salo and Surgo missions, according to Defense Scoop. The report notes that these missions are intended to evaluate the ability of pre-positioned space assets to respond to on-orbit threats quickly.

Defense Scoop mentions that the US Space Force is working to improve its response to space threats and aims to have operational, tactical space capability by 2026. It also says the upcoming Victus Haze mission, slated for 2025, aims to test maneuverable space vehicles.

In February 2022, the US Defense Advanced Research Projects Agency ( DARPA ) announced that General Atomics, Lockheed Martin, and Blue Origin had been awarded contracts to develop nuclear propulsion systems for Low Earth Orbit ( LEO ) demonstrations by 2025.

This technology, which uses nuclear fission to accelerate propellants, offers significant advantages over traditional chemical propulsion, including longer endurance, heavier payload capacity and double fuel efficiency.

These advancements may shift space combat from passive “detection and response” to active “positioning and maneuver” strategies. They enable the application of traditional war principles—flexibility, concentration, and maneuverability—to space operations.

Maneuverability may also address satellites ‘ inherent vulnerability. Most of them follow predetermined paths, making them susceptible to tracking and targeting by anti-satellite weapons. With greater precision, adversaries can plan and execute attacks with greater predictability.

Adversary satellites employing” chase and disable” tactics —actively seeking, inspecting, or damaging critical space assets—pose significant threats to space security.

These tactics involve satellites moving to close proximity to and possibly involving other satellites, raising concerns about unintentional interruptions or hostile behavior.

For instance, NPR reported in May 2024 that the US had accused Russia of launching a satellite, Cosmos 2576, that is likely a counter-space weapon. NPR says the satellite, launched from the Plesetsk site in northern Russia, is in the same orbital plane as a US spy satellite, USA 314, which is part of the Keyhole 11 series.

According to NPR, the US claims that Cosmos 2576’s proximity to USA 314, approximately 48 kilometers at its closest point, suggests it could be used to inspect, move or damage other satellites.

The report notes that this maneuver has raised international tensions, with the US looking out for any threatening behavior on the satellite. NPR says Russia has denied the allegations, calling them “fake news” and asserting its opposition to placing weapons in space.

Previously, Asia Times reported in August 2022 that Russia’s Kosmos-2558 satellite is suspected to be an “inspector satellite” with potential hunter-killer capabilities. Analysts believe it has the ability to track and possibly destroy US spy satellites, which raises questions about the use of space as a weapon.

That month, Kosmos-2558 approached within 75 kilometers of the USA-326 satellite, which carries a classified payload for space-based intelligence, surveillance, and reconnaissance ( ISR ) missions.

Concerns about the satellite’s location and potential threat have been raised by the US National Reconnaissance Office ( NRO ). Russia has a history of deploying satellites with similar capabilities, including Kosmos-2491, Kosmos-2499, and Kosmos-2504, which have conducted proximity maneuvers since 2013.

The US Space Force should look into plans to deploy “hunter-killer” satellites, using SmallSats ‘ flexibility and affordability, in a July 2024 article for the Mitchell Institute for Aerospace Studies, to increase space superiority.

Galbreath says these hunter-killer satellites are designed to operate as co-orbital weapons capable of disabling adversary satellites through kinetic strikes, electronic warfare, laser targeting, spoofing and jamming.

He points out that the US Space Force is more apt to carry out offensive counter-space operations on short notice by patrolling close to adversary assets, hiding in less-monitored orbits, or remaining dormant aboard larger spacecraft until they are activated.

Additionally, Galbreath says these satellites can be “bodyguards” for high-value space assets, similar to fighter escorts for aircraft, thereby shielding critical systems like missile warning satellites from attack.

He notes that the adoption of SmallSats for this role is driven by their low cost, rapid development cycles, and potential for mass deployment, which enables the US to counter China’s and Russia’s growing space warfare capabilities.

Galbreath claims that SmallSats have the potential to transform US military space operations because of their combination of precise targeting, operational agility, and the ability to achieve effects without creating orbital debris.

However, the rules of war regarding attacks against satellites aren’t crystal clear. Michael Byers and Aaron Boley discuss the legality of an attack on a satellite as a result of their book” Who Owns Outer Space” in 2023, which deals with the interpretations of the jus ad bellum ( right to war ) and jus in bello ( conduct in war ) principles.

According to Byers and Boley, opponents of satellite attacks may argue that they fall under the UN Charter’s Article 2( 4 ), primarily if they cause significant damage to state assets or interfere with essential services like navigation or communications.

They argue that using satellites for military, economic, and civilian purposes may be justification for using them in self-defense under Article 51.

Conversely, they mention that opponents note that not all satellite attacks meet the threshold of an “armed attack”, especially if effects are non-destructive, like signal jamming or hacking.

Moreover, Byers and Boley point out that satellites ‘ dual-use nature complicates attribution and intent assessment, making classifying such actions as acts of war challenging.

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Indonesia plans oil storage facility near Singapore to improve energy self-sufficiency: Minister

JAKARTA: Indonesia plans to build an oil backup service on an area near Singapore- connecting with President Prabowo’s goals for energy self-sufficiency- amid political uncertainty, according to a government minister. &nbsp,

The new storage facility will be designed to house various types of oil, according to Energy and Mineral Resources Minister Bahlil Lahadalia on Wednesday ( Dec. 11 ), but he did not specify the location and details of its construction. &nbsp,

At a Golkar party event in Jakarta, he was quoted as saying,” The storage facility will be able to store oil for up to 30 to 40 days, and Pertamina will purchase oil ( from the facility ) at global economic prices so that we can achieve energy sovereignty.” &nbsp,

In light of the ongoing conflicts in Gaza and Ukraine, which have hampered global oil and gas supply chains, the new facility will allow the state-owned energy company Pertamina to buy oil in bulk, reducing its dependence on the dangerous world market. &nbsp,

Putra Adhiguna, managing director of the think tank Energy Shift Institute, applauded this action, stating that the new facility might have” strategic buffer ( oil ) reserves” and adding that the reserves Indonesia currently have are for operational use.

” This is an important move, considering Indonesia is a major oil supplier so having proper cushion reserves is essential for security, especially with the government’s plan on power security”, Putra told CNA. &nbsp,

According to an Antara record in April, Pertamina’s primary energy trade sources are Singapore, comprising 56.58 per cent of overall energy imports, followed by Malaysia at 26.75 per cent and India at 6.28 per cent. &nbsp,

However, the United States, the United Arab Emirates and Qatar are the primary solutions of Pertamina’s imported liquefied gas fuel. &nbsp,

The new center therefore also seeks to reduce Indonesia’s heavy emphasis on Singapore, as reported by The Jakarta Globe. &nbsp,

Indonesia imports 60 % of its fuel from Singapore, despite the fact that it does not have any fuel. This is extremely mind-blowing to me”, Bahlil, who is the Golkar party president, said on Oct 11, while quoted by Antara. &nbsp,

The program is also expected to reduce expenses related to third-party store, transport and entity taxes, thus facilitating more cost-efficient fuel purchases. &nbsp,

Despite having none of its own oil and gas resources, Singapore is one of the world’s top three export refining centres, according to the country’s Economic Development Board. &nbsp,

The city-state imports crude oil from countries such as the United Arab Emirates, Qatar, Saudi Arabia and Kuwait.

In addition, Bahlil also highlighted Indonesia’s low oil supplies which he considered a concern, emphasising the importance of increasing storage capacity to enhance energy resilience. &nbsp,

” This is a geopolitical issue. His statement was quoted by the Jakarta Globe as saying,” Our oil reserves and storage can only last for 21 days if our country goes to war.” &nbsp,

With plans to reduce regulations, reactivate idle wells, and increase output, the new Prabowo administration reportedly intends to revive oil and gas production in an effort to reverse a ten-year decline in output. &nbsp,

” We must have energy self-sufficiency and we are capable ( of being ) self-sufficient”, Prabowo said in his inauguration speech on Oct 20, citing geopolitical tension. &nbsp,

He also intended to leverage efforts made by the previous administration, led by former president Joko” Jokowi” Widodo, to boost massive gas discoveries in South Andaman and reduce biofuel use. &nbsp,

In October, Bahlil said that the Indonesian government planned to maximise the use of existing oil fields to reduce crude oil imports, which have reached a value of approximately 500 trillion rupiah ( US$ 31.4 billion ) annually. &nbsp,

The government intends to revive oil fields that have been idle by roking licenses in order to accomplish this goal, he added.

According to him,” I asked why these wells are not being operated, and the answers were unclear. It seems that I will start revocation of business licenses as we are looking at the potential to reorganize wells that are not being worked on by contractors, including state-owned enterprises,” he said on October 9 as quoted by the Jakarta Globe. &nbsp,

Based on data from Bahlil’s Ministry of Energy and Mineral Resources, Indonesia has nearly 45, 000 oil fields, with 16, 600 considered inactive. &nbsp,

Among these idle fields, around 5, 000 are seen to have the potential to be revitalised to boost national oil production. &nbsp,

” For wells that are not being optimised, we will revoke their license and offer them to those capable of increasing our national production, we should not hold on to them, our country needs this”, Bahlil added. &nbsp,

Indonesia’s oil production, which was formerly an Organization of Petroleum Exporting Countries ( OPEC ), decreased to less than 600,000 barrels per day in 2024 from a peak of roughly 1.6 million barrels per day in the 1990s, which is attributed to declining investment and aging blocks. &nbsp,

In addition, the country’s oil consumption has more than doubled to 1.5 million barrels per day, leading to imports of fuel and oil, which have cost the US$ 28 billion annually over the past ten years. &nbsp,

According to the Jakarta Globe, this oil issue has contributed to the rupiah’s fluctuating value.

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Historic US missile hit sends a warning to China from Guam – Asia Times

As tensions rise over a possible Taiwan war, the US only demonstrated its ability to shoot down nuclear missiles from Guam. This sends a strong message to China.

The US Missile Defense Agency ( MDA ) conducted its first live intercept of a ballistic missile from Guam on Tuesday ( December 10 ), according to The War Zone, marking a significant milestone in the development of the Aegis Guam System.

The War Zone mentions that the test, known as Flight Experiment Mission-02 ( FEM-02 ), successfully saw a Standard Missile-3 Block IIA intercept a mock medium-range ballistic missile over 200 nautical miles northeast of the island. It notes that the test is an important step in ensuring Guam, a geopolitical island in the Indo-Pacific region, receives 360-degree protection.

According to the report, Aegis Guam’s method, which has a leaning Mk 41 Vertical Launch System (VLS), offers more freedom for missile launch points than another Aegis Ashore systems. It makes note of the AN/TPY-6 sensor, which demonstrates the Guam’s incorporated air and missile defence capabilities.

The program is a part of a wider effort to strengthen Guam’s threats against potential risks from China, which has been swiftly expanding its nuclear weapon army. In the event of a discord, it makes note of the MDA’s continuous expansion of the Guam Defense System, which aims to establish a strong, multi-layered defense network involving regional allies and members of the US military.

Aegis Ashore, Terminal High Altitude Area Defense ( THAAD), Typhon, and Patriot systems are integrated into Guam’s wider Enhanced Integrated Air and Missile Defense ( EIAMD) system for 360-degree protection, according to Asia Times.

Guam will also make use of the Integrated Battle Command System ( IBCS) to unite various radar and missile assets into a single network, addressing flaws in US missile defense kill chains.

Yet, significant barriers remain. The complexity of integrating various systems and the limited land area of Guam cause risks of clumsy responses when combined with nuclear, cruise, and hypersonic missiles, while the country’s limited land space and hilly terrain complicate the development of infrastructure.

Additionally, over-reliance on set sensor-to-shooter links does limit adaptability against next-generation risks. China’s possible use of multi-domain attacks—combining cyber, electrical, and dynamic strikes—threatens the dignity of US destroy chains.

Apart from these challenges, a finite number of interceptors per system ( Aegis, THAAD and Patriot ) means that if a large-scale, multi-axis attack occurs, the inventory of available interceptors could be depleted quickly.

In line with that, Megan Eckstein mentions in a February 2024 Defense News content that the US Navy faces significant challenges as a result of supply chain bottlenecks and antiquated manufacturing capabilities.

Eckstein claims that despite dramatically increasing weapons costs, the US Navy struggles with insufficient stockpiles of crucial weapons, including the Long Range Anti-Ship Missile ( LRASM), MK 48 torpedoes and Standard Missile varieties.

She mentions that vital suppliers of elements like jet motors and electronics are unable to meet the growing demand while big defense contractors have expanded their facilities and modified processes. She notes that while the US Navy’s FY24 funds includes US$ 380 million to address these obstacles, business professionals warn that it will take time to discover changes.

Eckstein points out that efforts to increase productivity are further hampered by the US Navy’s reliance on a select few eligible rocket engine manufacturers.

Further, Mackenzie Eaglen mentions in a July 2024 article for The National Interest ( TNI ) that the US Department of Defense’s ( DOD ) decision to terminate SM-3 Block IB production in favor of the newer SM-3 Block IIA has not been matched with adequate increases in the latter’s procurement, leading to a shortfall in interceptor stockpiles.

Eaglen notes the FY 2025 defence budget reduces planned purchasing of SM-3 Block IB from 153 to zero over the next five years, saving US$ 1.9 billion but no reinvesting these benefits into SM-3 Block IIA output, which remains stagnated at 12 weapons annually.

He points out that despite a projected increase in SM-6 purchasing, total missile production is still insufficient to meet the US Navy’s requirements.

Eaglen says that efforts to increase output are further hampered by the persistent preference for smaller purchasing quantities and the reliance on a small number of skilled rocket motor manufacturers.

To address those challenges, the US Navy released an industry Request for Information ( RFI ) in July 2024 to assess the production capabilities for SM-6 rocket motors, specifically the MK72 booster and MK104 dual thrust rocket motor, to enhance fleet defense.

In its July 2024 RFI, the US Navy seeks details on these creation efforts ‘ value and professional preparation, aiming for merger in the FY26-FY27 timeframe or faster.

Additionally, the supplies of missiles, energy and extra parts for interceptors, sensor systems and communications technology is logistically difficult. Guam may experience resupply delays as a result of a protracted conflict due to the disruption of seafaring supply lines.

China has been constantly expanding its appearance in the South Pacific in an effort to do so. Some experts suggest that threatens to minimize entry between Guam, Australia, New Zealand and the US.

In Asia Times, Grant Newsham mentions how China is encroaching on the South Pacific through a comprehensive plan of social, economic, and military invasion.

According to Newsham, China is using political conflict to undermine US presence while the US is focused on reestablishing airfields and dispersing forces under the Agile Combat Employment (ACE ) strategy.

He mentions that China is funding Kiribati aircraft repairs and has built dual-use infrastructure, including games and ships, in US states like the Commonwealth of Northern Mariana Islands.

He says that in the Federated States of Micronesia, China is constructing airports that mirror US work, while China aims to influence Palau’s political authority in its pursuit through purchases.

Newsham points out that Huawei’s buildings and harbor restoration in the Solomon Islands support the latter’s China-friendly program. He claims that an East Timor airport constructed with US cash might ultimately be a “gift” for China.

Newsham says China’s approach to these South Pacific says includes corruption, political offers and misinformation, usually outmatching US attempts.

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Trump heralds the end of dollar dominance – Asia Times

Donald Trump’s win in November’s US presidential poll saw the US dollars improve. In less than two weeks, it reached a one-year large and has since maintained its power in comparison to its main competitors. His vote has also raised the possibility of US tariffs on goods, and notice has also been drawn to the potential disruption to international trade.

As part of this, Trump made a not-so-veiled threat of rough taxes on the&nbsp, BRICS&nbsp, team of leading emerging industry really they&nbsp, create a rival&nbsp, to the US dollar, which has been the country’s “dominant money” since the Second World War.

Dollarization refers to the use and positioning of the US dollar by different nations. It has various degrees of meaning, from places like Panama using the US dollar as their reserve and as their car money. This latter position enhances international trade.

Get Chile and Malaysia as an example. There will be a big and active marketplace for the exchange of Chilean pesos for the Indonesian rupiah, for which any industry between these two nations will be required. Pesos are rather exchanged for US money and US dollars for dinars, making business easier and less expensive.

However, the US dollar is used in more than 50 % of international business invoices, and over 80 % of all international trade deals worldwide. But, it is possible that Trump’s” America First” foreign policy may provide to hasten the end of the US currency’s dominance.

Pros and cons

Dollarization is advantageous for international business. However, it has distinct advantages for the US, as other nations require US currency to help trade and pay for a lot of commodities. This implies that the US dollar’s demand is still high, and that it does not experience depreciation force.

Perhaps the most crucial aspect is that nations don’t hang US dollars in cash when they do so. Instead, they buy US Treasury bills and thus, in effect, lend money to the US authorities. Due to the US government’s great need for US Treasury, borrowing at a lower interest rate than would otherwise be feasible.

But, there are also disadvantages. A robust US buck increases the price of dollar-denominated goods and, therefore, the cost of international trade. And for the US itself, a robust US dollars may damage its local trade organization.

These shortcomings have frequently prompted the idea of a multi-currency worldwide program, but this has never gained any traction or been a significant factor. But that could change with a following Trump administration.

When Trump takes office in January, he has threatened to impose large trade sanctions. Photo: Phil Mistry / Shutterstock via The Talk

During his first name, for enquiries grew louder. Additionally, there have been some changes to US dollars holdings since that point, causing a decline in global US dollars reserves.

Therefore, which Trump plans may hasten the end of US dollars dominance? The incoming president is viewed as pro-business, which will likely translate into laws designed to lower taxes and regulations. At a time when worldwide productivity is less than respectable, engaging private growth will result in an even stronger US dollar.

A stronger US dollars, as mentioned above, even increases the price of petrol and related supplies. Countries will certainly be asking themselves why, as crude from Saudi Arabia, for instance, may be purchased in US bucks as those dollars increase in value.

Trump’s financial plans are likely to raise US bill, which could lower the value of the significant US dollar deposits held around the world. According to one research, Trump’s plans may include as much as US$ 15 trillion to the world’s loan over a decade. Some nations may be less willing to hold US bill as a result of a decline in the value of US dollars resources.

The result of these policies may be considered unexpected. But other procedures, like as Trump’s program for higher taxes, are more consciously designed.

A robust US dollar hurts US exports because they become more expensive locally and import prices are less expensive. Taxes are a way to shield domestic producers from this global rivals.

However, raising tariffs will only serve to strengthen the US dollars if no other nation reacts, as fewer exports will result in fewer US dollars being sold on the global trade market. This does, at least in part, erase the impact of the price policy while imposing trade costs worldwide.

Countries may agree to use choices as a reserve money and a payment method for global commodities in order to prevent this. A distinct money, such as the Euro or Yuan, has been suggested by the Brics countries. Trump’s challenges may merely speed up this hunt for an option.

What would this imply for the United States?

Countries would then need to carry less US money, but may sell off their US Treasuries. The outcome will be a surge in the US’s loan and a decline in the value of the US dollar. Unfortunately, this would increase the price of goods ( the goal of Trump’s tax policy ), but it could also lead to inflation.

A work on the US dollar did have significant effects on the US and the world in the worst-case situation, if nations coordinated their offering of US dollars and Bonds. This may require the US to reduce its trade deficit and raise its loan costs.

Globally, it may disrupt industry, increase purchase costs and there would be a loss of benefit for any dollar-denominated property and resources. A major world recession would probably follow from this.

For the immediate future, the US dollar will be a world money. But Trump’s” America First” plan, as well as the greater weaponisation of the US dollars, could lead to its fall from being the only world currency.

David McMillan is doctor in finance, University of Stirling

This content was republished from The Conversation under a Creative Commons license. Read the original content.

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Power semiconductors show the way to secure supply chains – Asia Times

Despite a declining demand for electric vehicles and industrial machinery, the manufacturing capacity for silicon carbide power semiconductors is still growing worldwide.

Silicon carbide wafer and discrete semiconductor manufacturers in the US, Japan, Europe, South Korea, and China are switching from 6-inch ( 150mm ) to 8-inch ( 200mm ) diameter wafers to increase productivity and protect their businesses from politically motivated supply chain disruption.

Silicon carbide ( SiC ) is rapidly replacing ordinary silicon ( Si) as the preferred substrate for power semiconductors. Its benefits include:

  • opposition to higher volts,
  • sensitivity for a wider variety of noise and temperatures, and
  • greater system lifetimes.

By switching from AC to DC electric power and setting the correct voltages, strength semiconductors transform the electricity produced by motors, energy systems, lighting, and other appliances.

Compared with golden, SiC-based products are more energy efficient and reliable. They are essential for the performance of both battery- and battery-charged professional technology, solar and wind power, and data centers.

The US organization Wolfspeed, the first to apply SiC and is still the largest maker of SiC wafers in the world, just received$ 2.5 billion in funding to improve and increase its 8-inch chip manufacturing capabilities in North Carolina and New York.

The money includes

  • a$ 750 million award under the CHIPS Act,
  • $ 750 million in loans from institutional investors Apollo, the Baupost Group, Fidelity Management &amp, Research Company and the Capital Group, and
  • US Internal Revenue Service is anticipated to provide Section 48D advanced manufacturing tax credits of$ 1.0 billion.

The US Department of Energy identified silicon carbide as one of “one of 17 important materials” with a higher chance of supply disruption, which are essential to clean energy technologies, Wolfspeed noted in announcing the financing. The information is critical to national security, according to the US Commerce Department.

The funding will allow Wolfspeed to construct the world’s first and largest 8-inch Si factory in Mohawk Valley, New York. This should improve the company’s revenue structure and support its business communicate, which, in the estimation of European market research and consulting firm Yole, dropped from close to 50 % in 2021 to about 35 % in 2023 due to the rise of Chinese SiC chip companies.

The cheap switch from 6-inch to 8-inch chips, which has caused Wolfspeed to become a red-light, is also required by the new funding.

Wolfspeed is also in direct competition with Chinese manufacturers, who are also switching to 8-inch wafers and losing money. For the first time in a few years, Rohm, the largest Asian producer of SiC chips and devices, experienced a decline in the three weeks to September.

Selling to Taiwanese electric vehicle manufacturers, including those who sold SiC power devices, were among the reasons for this. Other factors included declining factory automation and energy demand, rising labor and materials costs, rising R&amp, D expenses, and amortization as a result of the company’s violent expansion of its power semiconductor business.

With higher yields and the switch from 6-inch to 8-inch ( 200mm ) wafers, which will increase the number of chips per wafer by about 1.8x, Rohm anticipates higher margins. The firm anticipates that demand from electric vehicle manufacturers and industrial customers will return to the previous decade’s upward pattern.

After purchasing European SiCrystal in 2009, Rohm is then gearing up to produce 8-inch SiC chips in Kyushu’s Miyazaki Prefecture. In Miyazaki, Rohm now produces SiC products, as well as in Kyoto, in two companies in Fukuoka Prefecture, both of which are located in Kyushu. In addition to its family firm, SiCrystal supplies STMicroelectronics (ST Micro ) and other manufacturers of energy electronics.

Rohm claims to have won more than 50 style awards from global automakers, including Geely and Xpeng, both from China. And it owns 20 % of a cooperative venture with China’s Zhenghai Group that is engaged in R&amp, D, style, manufacturing and sales of Such energy components in Shanghai.

In Fukuoka Prefecture’s Green Asia International Strategic Comprehensive Special Zone, Mitsubishi Electric recently made an announcement to invest ten billion dollars ($ 67 million ) to build a new facility where power semiconductor modules can be assembled and tested. It will strengthen and automated production lines that have already been dispersed, increasing both capability and effectiveness.

The new Fukuoka plant’s primary goal is to serve the electric car market in particular. It is scheduled to start operating in 2026. In the nearby Kumamoto Prefecture, Mitsubishi Electric is even building an 8-inch line and upgrading its 6-inch Such power device production lines. Coherent, a US company that manufactures business materials, may supply 8-inch SiC wafers.

Japan’s NGK Insulators and Resonac ( formerly Showa Denko ), have also developed 8-inch SiC wafers and are moving toward commercial production.

And on November 29, Denso and Fuji Electric, two companies that make up the Toyota Group, announced their plans to expand their line of SiC chips, energy semiconductors, and modules. With an investment of more than ¥200 billion ( approximately$ 1.4 billion ), up to a third of it provided by METI, the project “aims to secure supply capacity on par with market-leading European and American companies” ,&nbsp, according to METI Minister&nbsp, Yoji Muto. Manufacturing is moving to 8-inch chips, according to Denso and Fuji Electric.

Starting in 2026, STMicroelectronics will begin manufacturing SiC in Italy, which will include 8-inch wafers, distinct strength semiconductors, and energy components. The 5-billion grow complex is expected to be operational by 2033 with help from the EU Chips Act.

STMicro may also form a partnership with Chinese company Sanan Optoelectronics to create Such power products using its proprietary production process on 8-inch SiC wafers made in a separate facility that Sanan Optoelectronics did build, own, and run. Beginning in the late 2025, STMicroelectronics may start selling the products to customers in China.

According to market research firm TrendForce, STMicro holds the top position for SiC power devices ( not wafers ) on the global market, accounting for about a third of that market.

Bosch, an auto parts manufacturer, intends to begin producing energy supplies on 8-inch SiC chips in 2026, both through an update to its 6-inch service in Germany and through an acquisition of a factory in California.

Nvidia, which began production of Such energy devices at a stock in Kulim, Malaysia, in August, buys wafers from many vendors including Wolfspeed, South Korea’s Stat Siltron and Taiwanese companies TankeBlue and SICC. Infineon plans to develop its Kulim 3 plant into” the world’s largest and most competitive 200-millimeter silicon carbide ( SiC ) power semiconductor fab, “going head -to-head with Wolfspeed.

According to TrendForce, SICC has achieved stable mass production of 8-inch substrates, TankeBlue is ramping up production, and two other Chinese companies, Shanxi Semisic Crystal and Synlight Semiconductor, are also capable of making them.

On top of that, on November 13, SICC announced the world’s first 12-inch ( 300mm ) SiC wafers, perhaps getting ahead of itself, but raising the bar and reminding the world that the Chinese are not just copycats.

Silicon wafers typically produce the majority of their semiconductors using 300mm. The material handling issue has caused SiC wafer sizes to decrease. When using 12-inch wafers, which have equivalent yields, the number of chips per wafer is roughly 2.25x higher than those of 8-inch wafers.

In addition to making or planning to make power devices on 8-inch SiC substrates, at least a dozen other businesses are making or preparing to do so, Yole projects a 24 % compound annual growth in sales of almost$ 10 billion over the next six years, reaching almost$ 10 billion. Through 2026, capital spending is expected to surpass sales. After that, companies and governments will expect to profit from their investments.

The SiC wafer and device market, which have production in “many locations around the world and no government able to impose its will on the market or development of the technology, may serve as a model for future resilient supply chains.

Follow this writer on&nbsp, X: @ScottFo83517667

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Singaporeans invited to share views for Budget 2025

SINGAPORE: Singaporeans are invited to share their views for Budget 2025 over a six-week period from Monday (Dec 2) until Jan 12. Individuals, organisations and businesses can provide suggestions under four broad themes: Building our Singapore together, developing a more vibrant business ecosystem, providing opportunities for skills upgrading and jobsContinue Reading

Beijing vows retaliation if Biden curbs Chinese chip firms again – Asia Times

The Chinese government has vowed to “implement necessary measures” after media reports said the United States would add more Chinese semiconductor firms to its Entity List. 

He Yadong, spokesperson of the Chinese Ministry of Commerce, on Thursday threatened to retaliate against Washington after Reuters reported on November 22 that the Biden administration would soon unveil a new round of sanctions to ban shipments of US chips and chip-making equipment to 200 Chinese chip companies.

Media reports said the curbs would be announced before November 28, or Thanksgiving Day, but they have not yet been announced as of this writing. 

Some Chinese commentators said China should further tighten its export rules to prevent US companies from obtaining its metals such as germanium and dysprosium.

“China has dominated the supply of precious metals such as germanium and dysprosium, which are the most important raw materials in the semiconductor industry,” a Jilin-based columnist says in an article. “Our country can completely stop the export of these raw materials, forcing western countries to delay the pace of their technological development.” 

He said this move would provide more time for China to catch up with the US in terms of technological development. 

He said China should consider forming an alliance with Singapore and Japan to jointly stop the US from obtaining key raw materials to make chips.

Meanwhile, some other Chinese commentators are not optimistic that China can unveil any effective countermeasures against the US. 

A Henan-based writer using the pseudonym “Xiaoxi Lishi” published an article with the title “200 Chinese chip firms will be sanctioned. This is game over!”

“The potential sanctioning of 200 Chinese chip companies is undoubtedly a heavy blow to the fast-growing chip industry in China,” the article says. “If chip foundries or packaging firms cannot get their core machine parts, they will have to stop production and suffer from heavy losses.”

The writer says such a disruption will also extend to the upstream and downstream sectors, slowing China’s industry upgrade. He adds that the only thing that China can do is to boost its investment in research and development and form new partnerships with other countries.

200 Chinese firms 

In late July, Reuters reported that the Biden administration planned by the end of August to expand the coverage of its Foreign Direct Product Rule (FDPR), which was first introduced in 1959 to control the trading of US technologies. 

The wire service also said that the US plans to add about 120 Chinese entities, including six chip foundries and their hardware and software suppliers, to its restricted trade list.

But the White House postponed the announcement as American chip and chip-making equipment makers are worried that their revenue in China will be sacrificed. 

Citing an email sent by the US Chamber of Commerce to its members on November 21, Reuters reported that the US Commerce Department planned to publish the new regulation “prior to the Thanksgiving break.” 

The email also said that another set of rules curbing shipments of high-bandwidth memory chips to China was expected to be unveiled in December. 

Analysts said that these would be the Biden administration’s last two rounds of curbs against China’s chip sector before Republican President-elect Donald Trump takes office on January 20, 2025. 

N+3 process

The Reuters report about the potential sanctions against 200 Chinese firms came a few days after Richard Yu, chief executive of Huawei Consumer Business Group, said on November 15 that Huawei would launch its Mate70 flagship smartphone on November 26. 

Chinese media said the premium Mate70 models would use a new 7-nanometer processor known as the Kirin 9100, which is said to be comparable to Qualcomm’s Snapdragon 8 Gen 2 and 8+ Gen 1 for central processing units (CPU) and graphic processing units (GPU), respectively. 

They expected Chinese chipmaker Shanghai Manufacturing International Corp (SMIC) to use its deep ultraviolet (DUV) lithography machines and N+3 process to produce the 9100 processor. 

But on November 26, Huawei’s fans were disappointed by news that the Mate70 Pro would use a chip called Kirin 9020, which is only a fine-tuned version of the existing Kirin 9010 processor made with N+2 process.

The N+3 process can feature 130 million transistors per square millimeter while the N+2 one can only achieve 89 million transistors per square millimeter.

Some Chinese commentators said the failed debut of the 9100 chip showed that Huawei and SMIC were unable to improve their foundry technology without ASML’s extreme-ultraviolet (EUV) lithography machine. 

Read: Huawei’s Mate70 to flex high-end chip self-sufficiency

Read: TSMC’s 7nm chip ban targets China’s AI chipmakers

Read: US to tighten China chip squeeze with old Cold War rule

Read: China: US high-tech investment ban to hurt global supply chain

Read: China boxed out of high-NA lithography race to 1nm chips

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Indian airlines hit by nearly 1,000 hoax bomb threats in 2024

India’s airlines and airports received 999 hoax bomb threats this year as of 14 November, the country’s deputy civil aviation minister told its parliament.

This was nearly 10 times more than the threats received in 2023, Mr Murlidhar Mohol said.

More than 500 of the year’s threats were received just in the last two weeks of October.

The dramatic surge in hoax threats had wreaked havoc on flight schedules, causing widespread disruption in services.

The recent threats were all hoaxes, Mr Mohol said, with “no actual threat detected at any of the airports/aircraft in India”.

Police have registered 256 complaints and 12 people have been arrested in connection with these threats, the minister said.

But the cases mark an unprecedented spike in such hoaxes.

Between 2014 and 2017, authorities had recorded just 120 bomb hoax alerts at airports, with nearly half directed at Delhi and Mumbai, the country’s largest airports.

The flurry of hoax threats this October had delayed several affected flights while others were diverted.

Hoax threats against flights heading for other countries also lead to international agencies getting involved.

In October, Singapore’s Air Force sent two fighter jets to escort an Air India Express plane following a bomb threat.

The same month, another Air India flight from New Delhi to Chicago was forced to land in a remote airport in Canada.

Passengers on the flight were later airlifted to Chicago on an Air Force plane deployed by Canadian officials.

India’s civil aviation ministry had then said it was making “every possible effort” to safeguard flight operations.

India’s airports have a Bomb Threat Assessment Committee which assesses the gravity of the threat and takes action accordingly. A threat can lead to the involvement of the bomb disposal squad, sniffer dogs, ambulances, police and doctors.

Passengers are off-loaded from the plane along with cabin baggage, check-in baggage and cargo, and they are all screened again. Engineering and security teams also search the plane before it is cleared for flying again.

The resultant delay can cost thousands of dollars in damages to airlines and security agencies.

More than 150 million passengers flew domestically in India last year, according to the civil aviation ministry.

More than 3,000 flights arrive and depart every day in the country from more than 150 operational airports, including 33 international airports.

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