
Commentary / World May 19, 2022
Does your country really need digital cash?
by Andy Mukherjee
Everyone’s jumping on the digital cash bandwagon. But doing so should really depend on if your economy is more like that of Poland or Peru.
Does your country really need digital cash?
Everyone’s jumping on the digital cash bandwagon. But doing so should really depend on if your economy is more like that of Poland or Peru.
Singapore wants to keep borders open even if variant emerges
The island city has learned from its past experiences of dealing with COVID-19 variants, said Transport Minister S. Iswaran.
More pain in Sri Lanka before any resolution to crisis
To bring back some stability, new Prime Minister Ranil Wickremesinghe has proposed selling the national airline, printing more money and possibly raising taxes.
Obesity is stalking poor countries where hunger once reigned
Low-cost calories are at the heart of the next big health crisis — and we have no systems in place to deal with the fallout.
Iraq balks at greater Chinese control of its oilfields
China's strengthening relationship with Iran has helped its position in Iraq due to Tehran's influence there, but the oil ministry is wary of ceding control over the country's key resource.
China faces uphill battle to repeat 2020 miracle as exports falter
Investors worry a prolonged slowdown in the world’s second-largest economy could further weaken the global recovery and that worsening supply chain disruption could fan inflation risks.
Risk of civil unrest rising as food inflation adds to pain in emerging markets
Rising food prices are a hot topic in emerging markets, raising the risk of civil unrest — with echoes of the Arab spring — and putting policymakers in a bind.
China's economy skids as lockdowns hit factories and retailers
Analysts warn China's current downturn may be harder to shake off than the one seen during the onset of the coronavirus pandemic in early 2020.
The international monetary system is more unfit than ever
With the U.S. dollar being weaponized through sanctions, it is clear that the current system is far from neutral — or sustainable.
Crypto’s chainsaw massacre bloodies digital exchanges
The platforms that have promoted Bitcoin and other new currencies have a lot to answer for.
Hong Kong the market to watch as global flows of easy money slow to a trickle
The city's stock market has tumbled this year at one of the fastest rates globally, home prices are falling and signs of capital flight are multiplying.
Ranil Wickremesinghe named Sri Lankan PM for sixth time amid crisis
He replaces the president's brother, Mahinda Rajapaksa, who resigned amid deadly street protests.