
Rising rice prices sow hope for Thai farmers to escape debt
After finishing the most recent rice crop, Sripai Kaeo-eam immediately moved on to the next crop, ignoring the recommendation of Thai officials to limit rice growing to save water.
After finishing the most recent rice crop, Sripai Kaeo-eam immediately moved on to the next crop, ignoring the recommendation of Thai officials to limit rice growing to save water.
The Narendra Modi government's clean-up of the real estate market shows signs of success and the industry in India is "ready to take off", according to the Economist.
Taxing the wealth of the richest 0.5% of the population in each member country, Europe can increase budget revenue by more than 227 billion USD.
Fuel shortages in recent months have forced Russia to ban the export of gasoline and diesel to stabilize the domestic market.
The new era of trade and investment in Asia will focus on within the bloc and less towards the West, according to the Economist's forecast.
The huge subsidy packages of the US and Europe are threatening globalization, making smaller economies, even the UK or Singapore, lose out, according to the WSJ.
The ruble's devaluation of more than 20% against the USD this year is said to be a double-edged sword for the Russian economy.
Reuters reported that China's state-owned banks are actively selling US dollars to buy yuan in both domestic and international markets. "It's become normal for state-owned banks to sell dollars to slow down the yuan's decline," a Shanghai-based trader told Reuters. .
On August 17, China Evergrande Group, once China's second largest real estate company, filed for bankruptcy protection in the US.
The less optimistic hardware outlook caused Apple stock to drop nearly 5% at the end of the week, dragging its market capitalization below $3 trillion.