Geopolitics

Geopolitics

Global Elites Return To Davos Under Ukraine Storm

The Davos summit of global political and business elites returns Monday after a COVID-induced two-year break to face another momentous crisis: Russia's invasion of Ukraine. The theme of the World Economic Forum (WEF), "History at a Turning Point", sets the tone for the four-day meeting in the glitzy Swiss mountain resort that will be dominated by the political and economic fallout from the conflict. When the WEF last took place in Davos in January 2020, the coronavirus was just brewing in China before morphing into a devastating pandemic. A Davos forum took place virtually last year, with

Bangkok Votes For New Governor In A Decade

Bangkok went to the polls Sunday in its first governor election in almost a decade, with the ballot viewed as an indicator for a national vote expected within a year. Around four million people are eligible to vote in the first major poll since Thailand's huge youth-led street protests in 2020 demanding political change and reform to the once-untouchable monarchy. But daily life rather than politics has dominated the candidates' campaigns, with the leading contenders promising to clear up the congested, polluted and noisy megapolis home to 10 million. Polling centres opened across Bangkok

Albanese Claims Victory In Australia Election

Centre-left leader Anthony Albanese claimed victory in Australia's general election Saturday, as voters angered by climate inaction pulled the plug on a decade of conservative rule. "The Australian people have voted for change" said the 59-year-old Labor leader, promising a less pugilistic form of leadership and a raft of reforms to make the country fairer and greener. With almost two-thirds of the votes counted, Albanese was set to lead the largest party in parliament, but had yet to secure an outright majority. The election was a stinging rebuke for Prime Minister Scott Morrison, who

Indonesia To End Palm Oil Exports Ban On Monday

Indonesia will lift its ban on palm oil exports next week, President Joko Widodo said, relieving pressure on the global vegetable oil market after prices spiked because of the suspension and the war in Ukraine. The archipelago nation issued the ban last month to secure supplies of the commodity, used in a range of goods from chocolate spreads to cosmetics, in the face of a domestic shortage. "Based on the supply... of cooking oil and considering there are 17 million people in the palm oil industry – farmers and other supporting workers – I decided that cooking oil exports will reopen on

Energy

Thai, Malaysian Firms Pull Out Of Myanmar Project

Thailand's oil and gas conglomerate PTTEP and Malaysia's Petronas announced Friday they would withdraw from the Yetagun gas project in coup-hit Myanmar. There has been an exodus of global energy companies from Myanmar…

Wind And Solar Reach Milestone As Demand Surges

Wind and solar generated 10 percent of global electricity for the first time in 2021, a new analysis shows. 50 countries get more than a tenth of their power from wind and solar sources, according to research from…

Geothermal Key To Philippines’ Energy Demand

Today, there are nearly eight billion people living on the planet. As this number continues to grow, the need for water, food, land, and energy will also rise. The climate is one of the earth’s fundamental life support…

The World's Slow Transition To Cleaner Energy

The transition towards cleaner energy has made progress but not quick enough to limit global warming to well below 2 degrees Celsius, as agreed in the 2015 Paris climate agreement. While the COVID-19 pandemic initially…

Markets

Global Stocks Rally Eyeing China Reopening

Global stock markets rallied Tuesday on hopes that China will ease its weeks-long COVID lockdown and gradually reopen businesses. European exchanges closed higher and Wall Street's main indices also rose, spurred as…

Thailand’s Battered Tourism Struggles To Rebuild

At Railay Beach, an Instagrammers’ favourite known for its wide, warm sands bookended by limestone cliffs, 23-year-old Londoner Becca sips coffee and savours the return of Thai backpacking following a recent easing of…

Asian Stocks Up But Investors Fear Recession

Asian equities were up on Monday after a rally on Wall Street last week, but analysts say fears of a recession due to surging inflation and COVID-driven supply chain woes still have investors worried. World markets…

China's Retail Sales Lowest In Two Years

China's retail sales slumped to its lowest in two years while factory output plunged, official data showed Monday, capturing the dismal economic fallout from Beijing's zero-COVID policy. The world's second-largest…

Technology

Indonesia’s ‘Crazy Rich’ Influencers Arrested

Indonesian influencers Indra Kesuma and Doni Salmanan lived the kind of lives most people can only dream of. On his now-deleted Instagram, 25-year-old Kesuma, aka Indra Kenz, regularly posted pictures of himself posing…

How China Is Using AI, Big Data To Fight COVID

Sitting at the entrance of Chengdu’s East Railway Station, Fu Guobin stared at a screen displaying infrared images of people passing through the station’s gates. As each person entered, a number popped up next to their…

Airlines Vs 5G: What Are The Concerns?

Airlines have voiced concern that the rollout of 5G mobile technology in the United States (US) could cause potentially dangerous interference with aircraft systems. Verizon and AT&T were activating their networks…

Pandemic Exploited To Normalise Mass Surveillance?

The COVID-19 pandemic was exploited as an excuse to further normalise surveillance and monitor an increasing number of daily activities of people around the world under the guise of public health, a tech watchdog warned…

Environment

Seven Killed After Fire Engulfs Philippine Ferry

At least seven people were killed and scores plucked to safety in the Philippines Monday after a fire ripped through a ferry and forced passengers to jump overboard, coast guard and witnesses said. The blaze broke out…

Is Our Food System About To Collapse?

For the past few years, scientists have been frantically sounding an alarm that governments refuse to hear: the global food system is beginning to look like the global financial system in the run-up to 2008. While…

Monkeypox: Time To Worry Or One To Ignore?

If you're still reeling from the COVID pandemic, well sorry but there's another virus to get to grips with. This time it's monkeypox and there are around 80 confirmed cases in 11 countries, that would not normally…

‘Someone In Cockpit’ Caused China Eastern Crash

United States (US) investigators believe someone in the cockpit deliberately crashed a China Eastern flight that suddenly plunged to the ground in southern China in March, the Wall Street Journal has reported. The…