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Why the US dollar is so sticky

Why the US dollar is so sticky

Harvard historian Mary Bridges, the author of Dollars and Dominion, explains why the world is likely to stay dollar-centric even as China, Russia, India and many countries try to toggle away from the greenback and into rival currencies like the yuan or the euro. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Venezuela authorizes two unsanctioned loaded oil supertankers to depart, sources say

Venezuela authorizes two unsanctioned loaded oil supertankers to depart, sources say

Dec 18 — Venezuela on Thursday authorized two very large crude carriers (VLCC) to set sail for China, according to two sources familiar with ‍Venezuela’s ​oil export operations. They would be only ‍the second and third supertankers to depart the country since the U.S. ​seized ​a ship carrying Venezuelan oil last week. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

India signs trade pact with Oman as it expands Middle East ties

India signs trade pact with Oman as it expands Middle East ties

DUBAI/NEW DELHI, Dec 18 — India signed an economic partnership agreement with Oman on Thursday to boost bilateral trade and investment ‍as ​it seeks to expand Middle East ties ‍and diversify to beat steep U.S. tariffs. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

China voices support Venezuela amid US blockade, but makes no aid pledges

China voices support Venezuela amid US blockade, but makes no aid pledges

BEIJING, Dec 17 — China opposed what it said was «unilateral bullying» after Washington ordered a blockade of tankers entering and leaving oil-rich Venezuela, but did not say exactly how it would come to the South American country’s aid or offer any refuge for its embattled leader. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Taiwan says its military can respond rapidly to any sudden Chinese attack

Taiwan says its military can respond rapidly to any sudden Chinese attack

TAIPEI, Dec 16 — Taiwan’s military can respond rapidly to any sudden Chinese attack with all units able to operate under a decentralised mode of command without awaiting orders from above, Taipei’s defence ministry said in ‍a report ​to lawmakers. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Secure Jimmy Lai’s release before seeking closer China ties, his son urges UK

Secure Jimmy Lai’s release before seeking closer China ties, his son urges UK

LONDON, Dec 15 — Britain should make pro-democracy campaigner Jimmy Lai’s release a condition of establishing closer relations with China, Lai’s son Sebastien said on Monday after his father was found guilty of sedition and collusion by Hong Kong’s High Court. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

EU broadens Belarus sanctions to include hybrid activity

EU broadens Belarus sanctions to include hybrid activity

BRUSSELS, Dec 15 — The European Union on Monday broadened its sanctions on Belarus’ regime to include ‍actions ​seen to undermine democracy, ‍the rule of law, and the overall security in ​member ​states. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

UK should make Jimmy Lai’s release precondition to closer relations with China, says son

UK should make Jimmy Lai’s release precondition to closer relations with China, says son

LONDON, Dec 15 — Jimmy Lai’s son Sebastien said Britain should make his ‍father’s ​release a precondition ‍to closer relations with China, after the ​pro-democracy ​campaigner was found guilty of sedition and collusion by Hong Kong’s ‍High Court on Monday. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Berlin summons Russian ambassador over increase in hybrid attacks

Berlin summons Russian ambassador over increase in hybrid attacks

BERLIN, Dec 12 — Berlin has summoned Russia’s ambassador over what it said was a huge increase in threatening hybrid activities including disinformation campaigns, espionage, cyberattacks ‍and ​attempted sabotage, a German foreign ministry spokesperson said ‍on Friday. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Explainer-Thailand’s snap election: How will it play out?

Explainer-Thailand’s snap election: How will it play out?

BANGKOK, Dec 12 — Thailand is set for an earlier-than-expected election after Prime Minister Anutin Charnvirakul dissolved parliament amid a fierce border conflict with Cambodia and political turmoil that risked the collapse of his fragile minority government. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Google to build subsea cables in Papua New Guinea under Australia defence treaty

Google to build subsea cables in Papua New Guinea under Australia defence treaty

SYDNEY, Dec 12 — Papua New Guinea said on Friday that Alphabet’s Google will build three subsea cables, funded by Australia under a mutual defence treaty, in a key upgrade to the digital backbone ‍of ​the biggest Pacific Island nation. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Nepal says economy suffered $586 million hit from ‘Gen Z’ protests

Nepal says economy suffered $586 million hit from ‘Gen Z’ protests

KATHMANDU, Dec 12 — The anti-graft protests in September that forced Prime Minister K.P. Sharma Oli to resign caused more than $586 million in losses to Nepal’s $42 billion ‍economy, ​a government statement said on Friday. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Taiwan’s deputy foreign minister made secret trip to Israel, sources say

Taiwan’s deputy foreign minister made secret trip to Israel, sources say

TAIPEI/JERUSALEM, Dec 11 — Taiwan’s high-profile Deputy Foreign Minister Francois Wu made a previously unpublicised visit to Israel recently, three sources familiar with the trip told Reuters, at a time when Taiwan is looking to the country for defence cooperation. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Top Indian arms makers held rare meetings in Russia on potential joint ventures, sources say

Top Indian arms makers held rare meetings in Russia on potential joint ventures, sources say

NEW DELHI, Dec 9 — At least half a dozen executives from top Indian arms makers, including Adani Defence and Bharat Forge, attended rare meetings in Russia this year to discuss potential joint ventures, three people familiar with the matter said. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Zelenskiy, European leaders to convene in London amid US peace push

Zelenskiy, European leaders to convene in London amid US peace push

KYIV, Dec 8 — President Volodymyr Zelenskiy is set to meet with British, French and German leaders in London on Monday, rallying allies for support as the United States increases pressure on Kyiv to agree to a proposed peace deal with Russia. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Christmas unplugged: Australian teen social media ban brings holiday headspace woes

Christmas unplugged: Australian teen social media ban brings holiday headspace woes

SYDNEY, Dec 8 — Sydney teenager Ayris Tolson believes the start of her first summer holiday under Australia’s youth social media ban will be relatively easy as she spends time with family, but as the weeks drift by, she fears being alone and isolated. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Thailand launches air strikes at Cambodia as border tensions reignite

Thailand launches air strikes at Cambodia as border tensions reignite

BANGKOK/PHNOM PENH, Dec 8 — Thailand has launched air strikes along its disputed border with Cambodia, the Thai military said on Monday, after both countries accused the other of breaching a ceasefire agreement brokered by U.S. President Donald Trump. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Chinese jets directed fire-control radar at Japanese aircraft, Japan says

Chinese jets directed fire-control radar at Japanese aircraft, Japan says

Chinese fighter jets directed their fire-control radar at Japanese aircraft over international waters on Saturday close to Japan’s Okinawan islands in two separate incidents that Japan’s defence minister described as «dangerous acts». ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

‘We’ll bring him home’: Thai family’s long wait for Gaza hostage to end

‘We’ll bring him home’: Thai family’s long wait for Gaza hostage to end

NONG KHAI, Thailand, Dec 6 — Two years after Thai worker Sudthisak Rinthalak was killed by Hamas militants, his family in northeastern Thailand is preparing to welcome his remains home and hold a Buddhist ceremony they believe will bring his spirit peace. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Xi woos Macron with sightseeing trip but little in the way of deals

Xi woos Macron with sightseeing trip but little in the way of deals

BEIJING, Dec 5 — Chinese leader Xi Jinping accompanied French President Emmanuel Macron to Chengdu on Friday, a rare gesture seemingly reserved for the head of Europe’s second-largest economy that highlights Beijing’s focus on Paris in its ties with the European Union. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Russia’s Putin to hold summit talks with India’s Modi in Delhi

Russia’s Putin to hold summit talks with India’s Modi in Delhi

NEW DELHI, Dec 5 — Russian President Vladimir Putin will hold summit talks with Prime Minister Narendra Modi in New Delhi on Friday, aiming to boost trade with the top buyer of Russia’s arms and seaborne oil as Western sanctions squeeze their decades-old ties. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

UK sets out new sanctions against Russia after Novichok report

UK sets out new sanctions against Russia after Novichok report

LONDON, Dec 4 — Britain on Thursday announced new sanctions against Russia, including the entire GRU military intelligence agency, which was singled out in a UK public inquiry into the 2018 death of a woman poisoned by the nerve agent Novichok. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Italy says Germany and other countries may be interested in GCAP jet programme

Italy says Germany and other countries may be interested in GCAP jet programme

ROME, Dec 4 — Italy’s defence minister on Thursday said other countries, including Germany and Australia, may be interested in entering the GCAP fighter jet programme in the future, with requests also coming from Saudi Arabia and Canada. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Turkey building a sub as it ramps up homemade defence industry

Turkey building a sub as it ramps up homemade defence industry

ANKARA, Dec 4 — Turkey’s defence ministry said on Thursday construction work had started on its first indigenous submarine (MILDEN), adding that Ankara had also completed its first sale of a corvette warship to a NATO ally by inking an agreement with Romania. ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

Australia jails ‘Asia’s El Chapo’ for 16 years

Australia jails ‘Asia’s El Chapo’ for 16 years

SYDNEY, Dec 4 — An Australian court has jailed for 16 years the former kingpin of a multibillion-dollar drug trafficking syndicate, police said on Thursday, bringing to a close their 14-year investigation of man popularly called «Asia’s El Chapo». ЧитатьCruise tourism set to grow with new ship terminal Source: www.straitstimes.com

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