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World News: Formal warning to Tehran for attack on drone

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PHUKET MEDIA WATCH

– World news selected by Gazette editors for Phuket’s international community

Iranian warplanes fired on U.S. drone over Gulf – Pentagon
Reuters / Phuket Gazette

PHUKET: Iranian warplanes fired at an unarmed U.S. drone in international airspace last week but did not hit the aircraft, the Pentagon said yesterday, disclosing details of an unprecedented incident that triggered a formal warning to Tehran through diplomatic channels.

The November 1 intercept was the first time Tehran had fired at an unmanned American aircraft, in a stark reminder of how tensions between the United States and Iran could escalate quickly into violence.

If Iran had hit the drone, as the Pentagon believes it was trying to do, it could have forced American retaliation – with the potential consequences that entails.

According to the timeline provided by the Pentagon, two Iranian SU-25 “Frogfoot” aircraft intercepted the American drone at about 4:50 a.m. EST (0850 GMT) as it conducted a routine, but classified, surveillance mission over Gulf waters about 16 nautical miles off the Iranian coast.

Pentagon spokesman George Little said the aircraft fired multiple rounds at the Predator drone and followed it for at least several miles as it moved farther away from Iranian airspace.

“We believe that they fired at least twice and made at least two passes,” he said.

International airspace begins after 12 nautical miles and Little said the drone at no point entered Iranian airspace. Last year, a crashed CIA drone was recovered inside Iran.

Defense Secretary Leon Panetta was quickly notified of the incident, as were members of Congress and the White House, Little added. The United States also sent Iran a warning through diplomatic channels, saying it would defend its military assets and would keep sending aircraft on such surveillance operations.

“There is absolutely no precedence for this,” Little said. “This is the first time that a (drone) has been fired upon to our knowledge by Iranian aircraft.”

Many questions about the incident remain, including why Iranian warplanes could not manage – if they wanted – to shoot down an unarmed drone, which lacks advanced capabilities to outmaneuver them.

Asked whether the Iranian aircraft were simply firing warning shots, Little said: “Our working assumption is that they fired to take it down. You’ll have to ask the Iranians why they engaged in this action.”

There was no immediate comment by Iranian officials.

Sanctions tightened
President Barack Obama has resisted calls from inside the United States and Israel for military action against Iran, focusing instead on crushing rounds of sanctions, which were tightened again yesterday.

The United States imposed sanctions on Iran’s communications minister and the Ministry of Culture and Islamic Guidance for jamming international satellite broadcasts to Iran and censoring and closing newspapers and detaining journalists.

The sanctions are part of broader efforts to isolate Tehran, which denies U.S. accusations that it seeks to develop nuclear weapons under the cover of its civilian atomic program.

In an effort to drive Iran to compromise, the United States and the European Union have gone for the jugular – Iran’s oil exports – over the past year.

The United States and Israel, which regards a nuclear-armed Iran as a threat to its existence, have also hinted at the possibility of military strikes on Iran as a last resort.

Obama has said the United States will “do what we must” to prevent Iran from acquiring nuclear weapons and has repeatedly said that all options are on the table – code for the possibility of using force.

— Phuket Gazette Editors

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Economy

Vietnam’s booming manufacturing sector reduced to a trickle as world pandemic kills demand

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Vietnam’s booming manufacturing sector reduced to a trickle as world pandemic kills demand | The Thaiger

Vietnamese finance officials are downgrading expectations for a recovery of the south east Asian nation’s economy in 2021. The normally fast-growing gross domestic product in 2020 has stalled due to a huge drop in local and global demand, and the absence of international tourism. The booming economy, growing at an average of 6% per year since 2012, will struggle to reach a growth rate of 2% this year.

Fuelled by manufactured exports, the Vietnam economy has dropped back to a trickle. The Asian Development Bank estimates that this year’s GDP growth could be as low as 1.8%. The Vietnamese factories, that usually crank out shoes, garments, furniture and cheap electronics, are seeing dropping demand as the world’s consumer confidence drops dramatically.

Stay-at-home rules in Europe and America are keeping are keeping people away from retail stores. And despite the acceleration of online retail, many of the consumers are emerging from the Covid Spring and Summer with vastly reduced spending power.

The headaches of 2020 are also challenging Vietnam to maintain its reputation as south east Asia’s manufacturing hotspot. Rising costs and xenophobic foreign policy have put China ‘on the nose’ with some governments, complicating factory work in China, whilst other south east Asian countries lack infrastructure and are incurring higher wage costs.

One Vietnamese factory operated by Taiwan-based Pou Chen Group, which produces footwear for top international brands, has laid off 150 workers earlier this year. There are hundreds more examples of the impact of falling demand in the bustling Vietnamese manufacturing economy.

Vietnam’s border closure is also preventing investors from making trips, setting up meetings and pushing projects forward. Those projects in turn create jobs, fostering Vietnam’s growing middle class. Tourism has also been badly affected by the restrictions on travel. “International tourism is dead,” says Jack Nguyen, a partner at Mazars in Ho Chi Minh City.

“Inbound tourism usually makes up 6% of the economy.”

“Things will only pick up only when the borders are open and there’s no quarantine requirements. Who knows when that’s going to be.”

A mid-year COVID-19 outbreak in the coastal resort city Danang followed by the start of the school year has reduced domestic travel, analysts say. Some of the country’s hotels are up for sale as a result.

“Recovery could take 4 years.”

The Vietnamese Ministry of Planning and Investment is now warning that global post-pandemic recovery could take as long as 4 years, perhaps more.

Not that foreign investors in the country are pulling out. Indeed, many are tainge a long-term view that Vietnam’s underlying strengths will outlive Covid-19. Vietnam reports just 1,069 coronavirus cases overall.

SOURCE: VOA News

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Business

Singapore’s population contracts along with its GDP

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Singapore’s population contracts along with its GDP | The Thaiger

The little south east Asian island nation of Singapore, which has always punched way above its weight, with the fourth largest economy, but the biggest GDP per capita in the region, is getting smaller. Both its economy and population. The population of the Republic of Singapore is shrinking for the first time since 2003. Border closures and, mostly, job losses, are forcing 10s of 1000s of foreign workers back to their home countries.

Singapore’s overall population dropped by nearly 20,000 people, or 0.3% of the population at the endow 2019, to 5.69 million people.

There’s been a sharp drop in expats, down 2% to 1.64 million, and a smaller drop in permanent residents. At the same time, the Covid-19 pandemic has caused a number of citizens to return from overseas, swelling the numbers of locals slightly.

The annual report of Singapore’s demographics notes that the transitions are nearly entirely due to the coronavirus outbreak. The report also says that there has already been an economic decline officially estimated between 5%-7% for 2020.

“These trends were largely due to Covid-19 related challenges, brought about by weak demand and travel restrictions. The government has been raising barriers for foreign hiring to preserve jobs for locals.”

Singapore’s non-resident population has surged 200% over the last 2 decades, fuelling mega population growth in the city-state with one of the world’s lowest birth rates. If not for the influx of foreigners, Singapore would have been recording a net drop in population.

The rise of Singapore’s middle class, and the ‘trend’ to hire domestic help, has caused an influx of low-paid migrants to act as nannies, maids, cleaners, drivers and construction workers. Many of these have either voluntarily headed back to their countries, mostly the Philippines, or been sacked.

National University of Singapore sociologist Tan Ern Ser notes that the decline in non-resident population is mostly due to the departure of work permit holders, who take up jobs which Singaporeans avoid in the first place. He says the trend probably signals some sectors of the economy are not doing well.

“The issue of foreigners in our midst cannot be addressed simply by cutting down their numbers, without negative consequences for our economy.”

Meanwhile, Japan says it has made an agreement with SE Nations Singapore and Brunei to reopen their borders for newly arriving expats from next Wednesday and and other long-term residents from October 8.

Those eligible to travel will be allowed in on condition they self-quarantine for 14 days after arrival as a preventative measure against the spread of Covid-19.

Brunei and Singapore join 7 other ASEAN countries, including Vietnam and Thailand, with the new travel bubble with Japan. Japan still has a ban in place for the entry of travellers from 159 countries and regions. Japan’s foreign minister Toshimitsu Motegi says the government is seriously considering how to restart travel back to Japan, both for business and tourism.

“We see the resumption of new entries (of foreigners) to Japan as an extremely important issue.”

Japan already allows short-term business travellers from Singapore to enter the country without doing quarantine, on condition they take a test before they travel to Japan, then another when they arrive, can provide an itinerary of their stay and take preventative steps to actively socially distance during their visit.

SOURCE: trip.sg

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World

Richest 1% responsible for twice the amount of carbon emissions than the poorest 50%

Caitlin Ashworth

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Richest 1% responsible for twice the amount of carbon emissions than the poorest 50% | The Thaiger
PHOTO: Unsplash: Alexander Popov

The richest people in the world, who make up just 1% of the population, are responsible for a significant amount of carbon emissions. A study shows that the “1 percenters” make up twice as much carbon pollution than the poorest half of the world. Some say the poor are the least responsible for climate change, but have to deal with most of the negative consequences.

In a 25 year study led by Oxfam, researchers at the Stockholm Environment Institute found that wealthy countries were responsible for using up nearly a third of the Earth’s carbon budget. The study was conducted from 1990 to 2015, when annual emissions grew by 60%.

Oxfam is a confederation of 20 independent charitable organisations focusing on the alleviation of global poverty, founded in 1942 and led by Oxfam International. It is a major nonprofit group with an extensive collection of operations.

63 million people made up the richest 1% of the world. Since 1990, they have been responsible for 9% of the ‘carbon budget’. The carbon budget is the maximum amount of greenhouse gases that can go into the air before temperature rises to catastrophic levels. 3.1 billion people make up the poorest half of the world’s population. The carbon emissions growth rate of the rich 1% was 3 times more than the poorest half of the world.

There’s not just an economic inequality between the rich and the poor, according to the head of policy, advocacy and research, Tim Gore. He told AFP the research shows the world’s “carbon inequality.”

“It’s not just that extreme economic inequality is divisive in our societies, it’s not just that it slows the rate of poverty reduction …But there is also a third cost which is that it depletes the carbon budget solely for the purpose of the already affluent growing their consumption … And that of course has the worse impacts on the poorest and least responsible.”

Carbon emissions have decreased since the pandemic. But just a few months doesn’t take away the damage that has been done for years. Temperatures are still on track to rise several degrees this century. Although the 2015 Paris climate deal was set to keep the global temperature rise below 2 degrees Celsius above pre industrial levels, emissions have continued to increase.

“It’s clear that the carbon intensive and highly unequal model of economic growth over the last 20-30 years has not benefited the poorest half of humanity… It’s a false dichotomy to suggest that we have to choose between economic growth and fixing the climate crisis.”

Some say the global economy needs to prioritise “green growth.” If not, the decrease in pollution during the pandemic will have a very small and insignificant overall impact on climate change. Some say carbon emissions affect the poorest nations the most who don’t have enough resources to fight natural disasters possibly brought on by the rising temperatures, like wildfires and droughts.

SOURCE: Bangkok Post | AFP

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