Global cyber outage grounds flights, hits banks, telecoms, media
By Reuters and published by US News & World Report A SOFTWARE update wreaked havoc on computer systems globally on Friday (July 19), grounding flights, forcing some broadcasters off air and hitting services from banking to healthcare. An update to a product offered by global cybersecurity firm CrowdStrike appeared to be the trigger, affecting […]
Read MoreTAT flags politics as a threat to the future of Thai tourism
THE Tourism Authority of Thailand has publicly recognised global geopolitics as a threat to the future of tourism in the post-Covid era. Officially posted by the TAT Governor Mrs. Thapanee Kiatphaibool on her Facebook page on July 8, 2024, the official recognition of this threat paves the way for it to be openly discussed […]
Read MoreZelenskyy in Philippines to promote peace summit he says China and Russia are trying to undermine
By AP and published by Yahoo!News Manila, Philippines – Ukrainian President Volodymyr Zelenskyy was in the Philippines today (June 3) in a rare Asian trip to urge regional leaders to attend a Swiss-organised global peace summit on the war in Ukraine that he accuses Russia, with China’s help, of trying to undermine. Zelenskyy arrived […]
Read MoreThai police help FBI in smashing global cyber crime gang
WITH the arrest of a global cyber crime gang’s mastermind in Singapore, Thai police coordinated with the FBI in seizing over a billion baht worth of their assets in Thailand, Naewna newspaper said this afternoon (June 1). Mr. Mike Chai, FBI attache in Thailand, had asked the Attorney General’s Office to help smash this […]
Read MoreGlobal economy set to stay on a roll for the rest of the year: Reuters poll
By Reuters and published by CNA Bengaluru – The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists who said stronger growth than forecast was more likely than weakness. That shift in […]
Read MorePATA chairman blasts global geopolitical unrest as ‘existential threat’ to tourism
By Imtiaz Muqbil – Executive Editor, Travel Impact Newswire Bangkok – Mr. Peter Semone, the American chairman of the Pacific Asia Travel Association, has unleashed a blistering attack on the “ethnocentrism and extreme views” dominating the political discourse in his country. “America used to be a melting pot where anyone could succeed regardless of […]
Read MoreWheat prices jump following collapse of major dam in southern Ukraine
By AP and published US News & World Report Washington – The collapse of a major dam in southern Ukraine sent global prices of wheat and corn higher early on Tuesday (June 6). Wheat prices gained 2.4% in early trading on Tuesday at the Chicago Mercantile Exchange, to $6.39 a bushel. The cost of […]
Read MoreBank lifelines ease global financial crisis fears
By Reuters – published by US News & World Report, and INN News MULTI-BILLION dollar lifelines for troubled US and European banks shored up investor confidence on Friday (Mar. 17) and bolstered sentiment in battered stocks, although concerns now centre on whether a global financial crisis has been fully averted. Large US banks injected […]
Read MoreCredit Suisse shares sink as top shareholder rules out more cash
By Agencies and published by CNA Paris – Credit Suisse lost almost a quarter of its value on Wednesday (Mar. 15), dropping to a new record low after its largest investor said it could not provide the Swiss bank with more financial assistance. “We cannot, because we would go above 10 percent. It’s a […]
Read MoreSVB shockwaves rattle global banks in grip of contagion fears
By Reuters – published by Yahoo!news and Matichon SILICON Valley Bank’s collapse pressured global bank stocks further today (Mar. 14) as investors fretted over the financial health of some lenders, in spite of assurances from US President Joe Biden and other policymakers. An indicator of credit risk in the eurozone banking system leapt to […]
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