Chinese President Xi Jinping warned global leaders at an all-virtual Davos forum Monday against starting a "new Cold War" while he championed multilateralism.Representing the only major economy to record economic growth last year, Xi presented himself as the defender of multilateralism, as he did at the same forum four years ago when Donald Trump was about to assume the United States (US) presidency.
The COVID-19 crisis is aggravating inequality, with the richest quickly getting richer while it will likely take years for the world's poorest to recover, anti-poverty group Oxfam said Monday.In a report entitled "The inequality virus", the group warned that the pandemic is the first time since records began that inequality is rising in virtually every country at the same time."The 1,000 richest people on the planet recouped their COVID-19 losses within just nine months, b
United States (US) President-elect Joe Biden’s impending inauguration has raised hopes that his administration will “make America lead again.” If the US is to transform its rivalry with China into constructive competition, this is the right approach.
At least a fifth of the world's population may not have access to a COVID-19 vaccine until 2022, according to a study published Wednesday, with wealthier nations reserving more than half of next year's potential doses. With hopes that vaccines can bring an end to a pandemic that has killed some 1.6 million people, countries including the United States (US), Britain and the United Arab Emirates have already begun rolling out immunisation programmes.
Today’s unprecedented COVID-19 crisis has prompted billions of people to work, socialise, and consume digitally. This shift creates a historic opportunity to unlock the potential of digitalisation to finance more inclusive, sustainable development. Digitalisation is transforming every aspect of finance.
To date, over 3,000 people have contracted the COVID-19 virus in Thailand, with 58 deaths reported from the deadly disease.
22 April marked the 50th Anniversary of Earth Day, which was strikingly different from previous years. Countries across the planet are grappling with an unprecedent situation in which a seemingly innocuous virus illness spread into a global pandemic in less than 90 days. It has infected more than 2.4 million people in more than 200 countries, claimed over 170,000 lives, and has brought most economic activity to a standstill.
The World Economic Forum (WEF) has released its Global Social Mobility Index 2020. Social mobility entails the “upward” or “downward” movement of an individual in relation to those of their parents. Essentially, it evaluates a child’s ability to experience a better life than their parents, while relative social mobility examines how an individual’s socio-economic circumstance inherited at birth has affected their outcome in life.
The University of Thai Chamber of Commerce (UTCC) recently revealed that the slowing economy has triggered a surge in household debt of 7.4 percent this year.
On her scruffy, downtrodden bank of the river, teashop-owner Khin works just a few hundred metres across the muddy water from Yangon and dreams of the riches promised by a new bridge linking to Myanmar's commercial heart.
As far as ASEAN countries go, there is little doubt that Thailand is doing well. This is true in many aspects including technological advancements and foreign investment.
Let us hope that 2019 is the year when the historical tide turns. In 2018, divisions within and between countries continued to deepen. And while geopolitical tensions and political tribalism have transformed international relations and national politics, new technologies are upending long-held assumptions about security, politics, and economics. Complicating matters further is the growing interdependence of our societies.
