world economy

  • Thailand

    Thailand expects economy to grow 3% next year

    The Office of the National Economic and Social Development Council expects the Thai economy to grow by 3% next year, even if there is more tension between Ukraine and Russia. The council’s permanent secretary, Danucha Pitchayanan, says by coordinating with every country Thailand can grow despite the current choppy economical waters the world has to navigate. The 51 year old…

  • World

    South Korea is the most expensive country to raise kids

    South Korea is the most expensive country in the world to raise children from birth to age 18, according to research from Jefferies Financial Group. On the list of 14 countries Jefferies researched, South Korea is followed by China, then Italy. Jefferies’s analysts reported some differences between Asian and Western cultures that might be a factor in South Korea and…

  • World

    Diesel no longer for sale across Sri Lanka, massive blackout

    Diesel was unavailable for sale at stations across Sri Lanka today. Petrol is on sale but in short supply, forcing drivers to abandon their cars in long queues. Private business owners say they have already run out of fuel, and even skeleton services may not be possible after Friday. Now, the country is grappling with a 13-hour power blackout, its…

  • Coronavirus (Covid-19)

    5 million deaths – 22 months of Covid-19

    Covid-19 has killed more than 5 million people across the globe, a grim milestone after nearly 20 months of lockdowns, information overload, misinformation and misery. The US has contributed the largest single body count from the coronavirus – 4% of the world’s population but 15% of the total deaths. Covid-19 is now a leading cause of death in the US,…

  • Coronavirus (Covid-19)

    China’s economy expected to grow 1.6% in 2020 – World Bank

    Much the world is currently seeing continuing surges of new Covid-19 cases, some countries are well into their 2nd wave. Meanwhile China is quietly getting it’s industrial engine and economy going again as new cases. In fact China’s number of ‘active cases’ has been dropping since April, and now is fewer than 200 total cases across the country. Along with…

  • Coronavirus (Covid-19)

    Be informed, be aware. Prevention and precautions in a Covid-19 world.

    As of this morning the number of cases of the Covid-19 coronavirus has reached 169,552. The number of deaths related to the virus is now 6,516, representing a death rate of around 3.8%, up from 3.4% two weeks ago, and up from the earlier days when it hovered around 2%. But the number of people that have fully recovered has…

  • Business

    Don’t mention the ‘R’ word – world’s biggest economies at risk of recession

    CARTOON: Financial Times Five big economies are at risk of recession – Germany, Italy, Mexico, Brazil and the UK. A recession is usually defined as two consecutive quarters of contraction in an economy. Locally Singapore and Hong Kong are teetering on technical recessions, both vital regional business hubs. The UK economy shrunk in the second quarter, and growth has flat…