TEHRAN – The world faces an energy crisis worse than both 1970s oil shocks combined if the Middle East war drags on, the head of the International Energy Agency (IEA) warned on Monday (March 23), as Israel launched fresh strikes on Tehran and threatened weeks more fighting. As the war grinds into its fourth
Tag: global
Silver price soaring like gold amid global uncertainty
JUST as gold skyrocketed to giddy heights recently, so has silver amid global political uncertainty mainly sparked by US President Donald Trump’s tariff threats rising 55% in the first month of this year, PPTVHD36 said today (Feb. 1). Ms. Thipa Navawattanaprasert, CEO of YLG Bullion and Futures Co., Ltd., said after opening at US$71.58
Read morePM concerned over potential world boycotts against Thailand over scammers
By Thai Newsroom Reporters PRIME MINISTER ANUTIN Charnvirakul today (Nov.3) expressed concern over Cambodia-based scamming/money-laundering networks which, he said, could possibly prompt the world community to declare potential boycotts against Thailand if those rogue, transnational criminals were not arrested and brought to justice by the Thai authorities. The prime minister who concurrently performs as
Read moreAmazon’s cloud services hit by hours-long global outage
By Agencies and published by CNA A GLOBAL outage hit Amazon’s cloud services for several hours on Monday (Oct. 20), the subsidiary of the US tech giant said, disrupting many websites and services, including Amazon Prime, Perplexity, Fortnite, Alexa, Snapchat and Duolingo. The maintenance site for Amazon Web Services (AWS) said it took some
Read moreThaksin slams some coalition parties for skipping key cabinet meeting
By Naewa and Reuters – published by CNA DE FACTO Pheu Thai boss Thaksin Shinawatra blasted some coalition partners for not attending a cabinet meeting on Wednesday (Dec. 11) where a draft legislation to collect the global minimum corporate tax was approved telling them they don’t have to stay in the coalition but if
Read moreNo hope for global peace as ‘merchants of death’, mostly American, rake in billions
THE Stockholm International Peace Research Institute (Sipri), the world’s leading think-tank tracking global military expenditure, on Dec. 2 released new data on revenues earned by the 100 largest companies dealing in weaponry and military services. What’s that got to do with Travel & Tourism? Everything. The shocking statistics and trends unveiled in the report
Read moreWHO again declares mpox a global public health emergency
By Reuters and published by CNA THE World Health Organization on Wednesday (Aug. 14) declared mpox (previously known as monkeypox) a global public health emergency for the second time in two years, following an outbreak of the viral infection in the Democratic Republic of Congo that has spread to neighbouring countries. An emergency committee
Read moreThai airports back to normal after global tech meltdown
THAI airports started functioning normally again today (July 20) after yesterday’s global tech outage led to some airlines using the Departure Control System being unable to check-in passengers and allow seat reservation for all their flights across the world, Thai Rath newspaper said. Mr. Keerati Kijmanawat, president of Airports of Thailand (AOT) which operates
Read moreGlobal tech outage eases after widespread disruption, new focus seen on risks
By Reuters and published by Yahoo!Finance SERVICES from airlines to healthcare, shipping and finance were coming back online on Friday (July 19) after a mistake in a security software update sparked hours-long global computer systems outages, another incident highlighting the vulnerability of the world’s interconnected technologies. After the outage was resolved, companies were dealing
Read moreGlobal tech chaos hits Thai airports, banks, offices and stores
THE GLOBAL IT outage that has led Microsoft Windows users seeing a blue screen, informally called the “Blue Screen of Death”, has also affected Thailand with ground service at airports delayed while employees at some banks and offices were unable to use their computers and even IT payment system at some department stores not
Read moreGlobal cyber outage grounds flights, hits banks, telecoms, media
By Reuters and published by US News & World Report A SOFTWARE update wreaked havoc on computer systems globally on Friday (July 19), grounding flights, forcing some broadcasters off air and hitting services from banking to healthcare. An update to a product offered by global cybersecurity firm CrowdStrike appeared to be the trigger, affecting
Read moreTAT flags politics as a threat to the future of Thai tourism
THE Tourism Authority of Thailand has publicly recognised global geopolitics as a threat to the future of tourism in the post-Covid era. Officially posted by the TAT Governor Mrs. Thapanee Kiatphaibool on her Facebook page on July 8, 2024, the official recognition of this threat paves the way for it to be openly discussed
Read moreZelenskyy in Philippines to promote peace summit he says China and Russia are trying to undermine
By AP and published by Yahoo!News Manila, Philippines – Ukrainian President Volodymyr Zelenskyy was in the Philippines today (June 3) in a rare Asian trip to urge regional leaders to attend a Swiss-organised global peace summit on the war in Ukraine that he accuses Russia, with China’s help, of trying to undermine. Zelenskyy arrived
Read moreThai police help FBI in smashing global cyber crime gang
WITH the arrest of a global cyber crime gang’s mastermind in Singapore, Thai police coordinated with the FBI in seizing over a billion baht worth of their assets in Thailand, Naewna newspaper said this afternoon (June 1). Mr. Mike Chai, FBI attache in Thailand, had asked the Attorney General’s Office to help smash this
Read moreGlobal economy set to stay on a roll for the rest of the year: Reuters poll
By Reuters and published by CNA Bengaluru – The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists who said stronger growth than forecast was more likely than weakness. That shift in
Read morePATA chairman blasts global geopolitical unrest as ‘existential threat’ to tourism
By Imtiaz Muqbil – Executive Editor, Travel Impact Newswire Bangkok – Mr. Peter Semone, the American chairman of the Pacific Asia Travel Association, has unleashed a blistering attack on the “ethnocentrism and extreme views” dominating the political discourse in his country. “America used to be a melting pot where anyone could succeed regardless of
Read moreWheat prices jump following collapse of major dam in southern Ukraine
By AP and published US News & World Report Washington – The collapse of a major dam in southern Ukraine sent global prices of wheat and corn higher early on Tuesday (June 6). Wheat prices gained 2.4% in early trading on Tuesday at the Chicago Mercantile Exchange, to $6.39 a bushel. The cost of
Read moreBank lifelines ease global financial crisis fears
By Reuters – published by US News & World Report, and INN News MULTI-BILLION dollar lifelines for troubled US and European banks shored up investor confidence on Friday (Mar. 17) and bolstered sentiment in battered stocks, although concerns now centre on whether a global financial crisis has been fully averted. Large US banks injected
Read moreCredit Suisse shares sink as top shareholder rules out more cash
By Agencies and published by CNA Paris – Credit Suisse lost almost a quarter of its value on Wednesday (Mar. 15), dropping to a new record low after its largest investor said it could not provide the Swiss bank with more financial assistance. “We cannot, because we would go above 10 percent. It’s a
Read moreSVB shockwaves rattle global banks in grip of contagion fears
By Reuters – published by Yahoo!news and Matichon SILICON Valley Bank’s collapse pressured global bank stocks further today (Mar. 14) as investors fretted over the financial health of some lenders, in spite of assurances from US President Joe Biden and other policymakers. An indicator of credit risk in the eurozone banking system leapt to
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