The coup in Myanmar has scared off a large proportion of investors
The milktary coup was costly
Doctors and nurses were among the initiators of civil disobedience after 1 February. As a result, not only health care collapsed. Strikes and passive resistance also called the army into action.
Since then, the distribution of medicines, oxygen equipment and vaccine doses has largely been in the hands of people loyal to the regime. Covid-19 is thus used by the military government as a weapon against resistance.
Politics is more important to the generals than the economy.
The national currency, the kyat, has lost a quarter of its value against the dollar since the coup.
The Central Bank of Myanmar has released dollar reserves to support the national currency, but the erosion continues. As a result, business people in Yangon report, the Russian rouble, the renminbi and the Thai baht have established themselves as parallel currencies.
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#China#StocksInFocus#Financial#SCAM ?
The US Securities and Exchange Commission has clearly drawn attention to the legal risks that investors run when buying so-called ADRs or American Depositary Shares on Wall Street.
After all, these are merely certificates with limited rights of access issued by an American bank - and not shares.
The ADRs are based on a structure called VIE or Variable Interest Entity. This is interposed because, according to Chinese law, foreigners are not allowed to directly own shares in Chinese companies in most sectors.
Because of Bolsonaro, it is easy to overlook: Brazil is one of the countries with the most sustainable energy production in the world. Among the G-20 countries, Brazil has the highest share of renewable energy in total final energy consumption (43 percent).
#AserbaidschanConnection Thread:
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Our research shows that the influence of the authoritarian regime on Union MPs is greater than previously assumed.
by @vice_de
Source: vice.com/de/article/qjp…
Behind this is a lobby system to which Union MPs in particular were apparently susceptible - for years.
The autocratic ruler from Azerbaijan, President Ilham Aliyev, ruler over ten million people, has an image problem.
#BreakingNews
Liquid gas production project in Mozambique put on hold after militia attack
The Total group is reacting to the latest terrorist attack by Islamist rebels in Mozambique.
Total decided to evacuate completely after surveillance images made with drones showed that supporters of the Islamist rebel group Ahlu Sunna wal Jamaa were very close to the conveyor systems under construction in Afungi.
At the center of the dispute are two of the largest and most respected families in Kabul: the Rayans of Mayor Salih Rayan and the Akris of school principal Khalil Akri.
South Korea's voters miss President Moon Jae In a memorandum
The victory of conservative candidates in the mayoral elections in the country's two largest cities is a blow to Moon's Democratic Party.
The local elections could have an impact on foreign policy.
Mayoral elections in South Korea's capital Seoul always have national significance.
The ruling Democratic Party of President Moon Jae In not only lost Seoul to a candidate from the conservative opposition, but also the second largest city, Busan.