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Review all subsidies, step up efforts to boost growth
CENTRAL banks, after all their ultra-monetary stimulus and liquidity injection to stem the pandemic-induced economic recession in 2020, face many challenging tasks ahead as the global recovery gains traction.
Currency crash pushes Lebanese to stash savings in digital money, with miners using subsidised fuel amid rolling power cuts. Crypto inhabits legal grey area that may limit widespread use.
PETALING JAYA: Although inflationary pressure may ease somewhat, prices could remain elevated this year. This may put a strain on the cost of living.
BEIRUT (Reuters) - Lebanon's financial meltdown is dragging the country towards mayhem at a quickening pace, forcing its feuding leaders to face a choice between finally doing something about the crisis or risking yet more chaos and insecurity.
We must address the deepening chasm between the haves and the have nots for true recovery and future resilience.
JAKARTA (The Jakarta Post/ANN): Desperate times call for desperate measures. But is the government so desperate that it will even start taking money from the poor?
JAKARTA (The Jakarta Post/ANN): The Group of Seven leaders often use sophisticated words such “multilateralism” and “science” to justify their political and military presence in the Asia-Pacific region with a single mission: To contain China and regain control of the rich territory.
KHARTOUM (Reuters) - For Intisar Altayib, who ekes out a living drawing henna tattoos in Khartoum, soaring prices in Sudan mean running up tabs at local stores and cutting back on evening feasts during the Muslim holy month of Ramadan.