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Thailand really should let its hair down. The currency is strong and the current-account surplus is big versus the neighbourhood, while there’s a lot of scope for fiscal expansion. The Bank of Thailand has been grudging in cutting interest rates, in contrast to the easing party under way not just in Asia but in emerging and developed markets the world over.
QUITO (Reuters) - At least one indigenous protester was killed in unrest in Ecuador's capital Quito amid protests that were expected to continue for an eighth day on Thursday against President Lenin Moreno's austerity measures.
QUITO (Reuters) - Some walked to Quito from the countryside. Others hitched rides in the back of trucks, squeezed between sacks of produce. Many have spent days sleeping outside and eating from communal pots.
QUITO (Reuters) - Ecuadorean security forces cracked down on protesters in a massive national strike on Wednesday as President Lenin Moreno stuck by austerity measures that have triggered the worst unrest in a decade.
GENEVA: China is by far the best performer among the five BRICS economies in terms of competitiveness, said the World Economic Forum (WEF) Wednesday in the latest annual report assessing the productivity and long-term growth of 141 economies.
NEW YORK: Oil prices slid on Tuesday as Washington's blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, although unrest in Iraq and Ecuador lent some support to crude prices.
NEW YORK: Stocks fell on Tuesday as U.S.-China tensions rose further ahead of high-level trade talks, while the British pound sank on reports that Brexit negotiations were close to breaking down
BANGKOK: Thailand’s economic growth rate could slow to 2.9% this year and be 3% in 2020, reflecting external and domestic headwinds, the International Monetary Fund (IMF) said.
BRUSSELS (Reuters) - Ecuador's former president Rafael Correa denied on Tuesday he was orchestrating a coup against the government from his self-imposed exile in Belgium, after being accused of stoking the worst unrest there in years. in the Andean oil producer.
QUITO (Reuters) - Ecuadorean President Lenin Moreno on Tuesday ordered a curfew around government buildings after six days of violent anti-austerity protests that have pushed his administration out of the capital Quito and brought hundreds of arrests.