With the national debt at $39 trillion and dollar dominance already at a 30-year low, the petrodollar system is more visible—and threatened—than ever.
Bangladesh nears launch of first nuclear power plant
By bno - Mumbai Office Bangladesh is set to bring its first nuclear reactor online within months, marking a long-delayed milestone as the country struggles with severe energy shortages linked to ...
Former Bangladesh army general Masud Uddin Chowdhury arrested
Bangladesh`s former military general who played a key role in 2007 in installing an army-backed interim government replacing a caretaker one at the time has been arrested. “Retired Lieutenant General ...
Indonesia Rupiah Rises Most in Six Months, Stocks Gain in Reopen
The Indonesian rupiah and stocks gained as domestic markets reopened after a week-long holiday, buoyed by hopes over the Trump administration’s push to ease Iran war tensions.
Philippines Declares State of Emergency Over Energy
The president of the Philippines, Ferdinand R. Marcos Jr., declared a national energy emergency to stabilize the country’s energy sector in the face of an “imminent danger of a critically low energy ...
Philippines declares national energy emergency as oil supply dwindles
Philippine President Ferdinand Marcos Jr on Tuesday declared a year-long national energy emergency in response to the effects of the Iran war on oil prices. Rising oil prices threaten the country's ...
Philippines Declares National Emergency Over High Fuel Prices
The Southeast Asian country imports 90 percent of its oil from the Middle East, and the government is under intense pressure to deal with the situation.
Indonesia Markets Reopen as Shifting Iran Headlines Spur Caution
Indonesia’s markets are likely to grapple with fluctuating sentiment when they reopen Wednesday after a week-long holiday, as investors weigh rapidly shifting headlines on the Iran war and persistent ...
Exclusive-Amazon says AWS’ Bahrain region ‘disrupted’ following drone activity
By Greg Bensinger SAN FRANCISCO, March 23 (Reuters) - Amazon said on Monday its Amazon Web Services region in Bahrain has been "disrupted" amid the current conflict in the Middle East. The disruption ...
Qatar unveils direct tax treaty service to reduce withholding tax and speed payments
Qatar launches direct application of tax treaties, enabling reduced withholding tax and faster cross-border payments ...