Author: Sherman Stewart

Toronto, Atlanta (28/11 – 20) A wise old expression intones “Behind every bad borrower is a bad lender”. Like many such cute, amusing aphorisms, it is accurate as far as it goes … but what if? What if a loan approval is held up, then granted, after a couple of phone calls from the office of the Vice President? What if the borrower is a crony or relative of Mr. Big, which is what practically bankrupted Indonesia, when the Soeharto vampire children took out multi-hundred-million-dollar “loans” (wink wink) for projects whose profit-making potential was near zero? What is the potential…

The Palestinians’ longstanding and legitimate grievances have been irrevocably subverted by Hamas’ brazen attack against Israel on Oct 7. Unlike previous rounds of conflicts and clashes between Israel and the Palestinians on the one hand and neighbouring Arab states on the other, Thailand has become a direct casualty like never before, as 30 Thai workers have been killed to date, with at least 16 injured and 17 taken hostage. As a militant political movement motivated by Islamic fundamentalism using methods of terrorism to achieve its objectives, Hamas has made a bad name for the Palestinian cause, eliciting condemnation and opposition…

Frankfurt (11/09 – 20) Two international human rights organizations have called on the Tajikistan government to immediately release jailed lawyer and human rights activist Manuchehr Kholiknazarov, as well as other activists and journalists. The International Partnership for Human Rights (IPHR) and the international non-profit organization CIVICUS, which bills itself as “a global alliance aimed at strengthening the action of citizens and civil society around the world,” in their message published specially on the eve of Independence Day, September 8, focus on the fact that Tajik human rights activist and civil society activist Manuchehr Kholiknazarov was falsely sentenced to a long…

At the meeting, Thuong affirmed that the Vietnamese Party, State and people always attach great importance to and consider the consolidation and development of Vietnam-China relations as a strategic choice and a top priority in its foreign policy. He recommended both sides to deepen the essence so as to elevate the Vietnam – China comprehensive strategic cooperative partnership, while enhancing exchanges and meetings at all levels, and bolstering practical cooperation with a focus placed on developing economy and trade ties in a more sustainable and balanced way. It is necessary to promote the import of goods, especially China’s import of…

Hanoi (VNA) – Vietnam will remain the region’s fastest growing digital economy between 2023-2025, according to the 8th edition of the e-Conomy SEA Report published on November 7 by Google, Temasek and Bain & Company. It will grow at 20% in two years, the same level as the Philippines, and followed by Thailand (17%), Indonesia (15%), Malaysia (14%), and Singapore (13%). Despite global macroeconomic headwinds, the country’s gross merchandise value (GMV) is expected to near 45 billion USD by 2025, the third highest in the region after Indonesia (109 billion USD) and Thailand (49 billion USD). The main contributors to Vietnam’s digital economy include e-commerce which…

Jakarta, Surabaya (19/11 – 20) With the elimination of their national team on Saturday, Indonesia’s capabilities to put on its finest show as the host of the 2023 Under-17 World Cup will be tested. Indonesia has been given a second chance to host a global football tournament once again, with the 19th Edition of the FIFA Under-17 World Cup, a moving spectacle held in Jakarta, Surabaya, Surakarta and Bandung, from 10 November to 2 December 2023. This opportunity arrived just months after FIFA stripped out Indonesia’s hosting rights for the 2023 FIFA Under-20 World Cup. The bid wa doomed by…

Sri Lankan President Ranil Wickremesinghe will visit China in the upcoming week as the crisis-hit country makes progress on debt restructuring talks with its biggest lender. Wickremesinghe took office in July last year, after a popular uprising, brought on by an economic meltdown, had forced his predecessor out of power. His Oct. 15-19 visit to Beijing will be his first to China since then. Wickremesinghe, who is also finance minister, has been leading Sri Lanka’s push to manage its heavy debt and keep funds flowing from a $2.9 billion International Monetary Fund (IMF) programme. He will attend a Belt and…

Dubai is calling for a united front to spur the development of generative artificial intelligence to maximise its potential and reap economic benefits, the chief executive of the Dubai Future Foundation has said. Countries need to come together to prepare society for the innovation and to help bridge the gap between policies and the advancement of the emerging technology, which has a reported business opportunity of as much as $4.4 trillion, Khalfan Belhoul said at the Dubai Assembly for Generative AI conference on Wednesday. The industries with highest AI potential include banking, software and platforms, energy, communications and media, and…

As the war in Israel rages, an ongoing struggle to control the narrative of the conflict is unfolding between Hamas and the Jewish state. This propaganda battle is not novel, as it has long been observed to coexist with the kinetic action between Israel and the Palestinian armed groups, dating back to at least 2014. Drawing from its prior clashes with Israel, Hamas has gained vital insights on how to effectively counter Israel. Despite being at a military disadvantage in nearly every area, Hamas has developed unconventional methods to attack Israel, including a powerful propaganda system to garner global backing…

London, Delhi, Mumbai (28/10 – 10) England’s title defense in the 2023 Cricket World Cup is practically over, after their fourth defeat in five group-stage matches. Jos Buttler and Co. are coming to the tournament in India as the defending champions, having won their first title in history with the 2019 edition. The 2023 Cricket World Cup turns out to be a disaster for Matthew Mott’s team. From day one onwards, England’s show in the tournament has been painfully dismal, losing by 9 wickets at the hand of New Zealand in the 5 October opening match. They seemed to have…