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Chiang Mai Initiative
The Chiang Mai Initiative (CMI) is a multilateral currency swap arrangement among the ten members of the Association of Southeast Asian Nations (ASEAN), the People's Republic of China (including Hong Kong), Japan, and South Korea. It draws from a foreign exchange reserves pool worth US$120 billion and was launched on 24 March 2010. That pool has been expanded to $240 billion in 2012. The initiative began as a series of bilateral swap arrangements after the ASEAN Plus Three countries met on 6 May 2000 in Chiang Mai, Thailand, at an annual meeting of the Asian Development Bank. After 1997 Asian Financial Crisis, member countries started this initiative to manage regional short-term liquidity problems and to avoid relying on the International Monetary Fund. History Conception At the height of the 1997 Asian Financial Crisis, Japanese authorities proposed an Asian Monetary Fund, which would serve as a regional version of the International Monetary Fund (IMF). However, thi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ASEAN Plus Three Members
ASEAN ( , ), officially the Association of Southeast Asian Nations, is a political and economic union of 10 member states in Southeast Asia, which promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration between its members and countries in the Asia-Pacific. The union has a total area of and an estimated total population of about 668million. ASEAN's primary objective was to accelerate economic growth and through that social progress and cultural development. A secondary objective was to promote regional peace and stability based on the rule of law and the principles of the UN Charter. With some of the fastest growing economies in the world, ASEAN has broadened its objective beyond the economic and social spheres. In 2003, ASEAN moved along the path similar to the European Union (EU) by agreeing to establish an ASEAN community that consists of three pillars: the ASEAN Security Community, the ASE ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Daily
The ''People's Daily'' () is the official newspaper of the Central Committee of the Chinese Communist Party (CCP). The newspaper provides direct information on the policies and viewpoints of the CCP. In addition to its main Chinese-language edition, the ''People's Daily'' is published in multiple languages. History The paper was established on 15 June 1948 and was published in Pingshan, Hebei, until its offices were moved to Beijing in March 1949. Ever since its founding, the ''People's Daily'' has been under direct control of the CCP's top leadership. Deng Tuo and Wu Lengxi served as editor-in-chief from 1948 to 1958 and 1958–1966, respectively, but the paper was in fact controlled by Mao Zedong's personal secretary Hu Qiaomu. During the Cultural Revolution, the ''People's Daily'' was one of the few sources of information from which either foreigners or Chinese could figure out what the Chinese government was doing or planning to do. During this period, an editorial in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xinhua News Agency
Xinhua News Agency (English pronunciation: )J. C. Wells: Longman Pronunciation Dictionary, 3rd ed., for both British and American English, or New China News Agency, is the official state news agency of the People's Republic of China. Xinhua is a ministry-level institution subordinate to the State Council and is the highest ranking state media organ in China. Xinhua is a publisher as well as a news agency. Xinhua publishes in multiple languages and is a channel for the distribution of information related to the Chinese government and the ruling Chinese Communist Party (CCP). Its headquarters in Beijing are located close to the central government's headquarters at Zhongnanhai. Xinhua tailors its pro-Chinese government message to the nuances of each audience. Xinhua has faced criticism for spreading propaganda and disinformation and for criticizing people, groups, or movements critical of the Chinese government and its policies. History The predecessor to Xinhua was the R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pattaya
Pattaya ( th, พัทยา, , ) is a city in Thailand. It is on the east coast of the Gulf of Thailand, about southeast of Bangkok, within, but not part of, Bang Lamung district in the province of Chonburi province, Chonburi. Pattaya City ( th, เมืองพัทยา, ) is a self-governing municipal area which covers tambon, Tambon's Nong Prue and Na Klua and parts of Huai Yai and Nong Pla Lai. The city is in the industrial Eastern Seaboard of Thailand, Eastern Seaboard zone, along with Si Racha, Laem Chabang, and Chonburi. Pattaya is at the center of the Pattaya-Chonburi Metropolitan Area—a wikt:conurbation, conurbation in Chonburi Province—with a population of roughly 1,000,000. History The name ''Pattaya'' evolved from the march of Phraya Tak (later King Taksin) and his army from Phra Nakhon Si Ayutthaya Province, Ayutthaya to Chanthaburi Province, Chanthaburi, which took place before the fall of the former capital to Burma, Burmese invaders in 1767. When ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaus with more than 250 correspondents around the world. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, the BBC also has regional centres across England and national news c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Financial Crisis
Global means of or referring to a globe and may also refer to: Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno J. Global, a character in the anime series ''The Super Dimension Fortress Macross'' Companies and brands Television * Global Television Network, in Canada ** Global BC, on-air brand of CHAN-TV, a television station in Vancouver, British Columbia, Canada ** Global Okanagan, on-air brand of CHBC-TV, a television station in Kelowna, British Columbia, Canada ** Global Toronto, a television station in Toronto ** Global Edmonton ** Global Calgary ** Global Montreal ** Global Maritimes ** Canwest Global, former parent company of Global Television Network * Global TV (Venezuela), a regional channel in Venezuela Other industries * Global (cutlery), a Japanese brand * Global Aviation Holdings, the parent company of World Airways, Inc., and North A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Japan
The is the central bank of Japan.Louis Frédéric, Nussbaum, Louis Frédéric. (2005). "Nihon Ginkō" in The bank is often called for short. It has its headquarters in Chūō, Tokyo, Chūō, Tokyo. History Like most modern Japanese institutions, the Bank of Japan was founded after the Meiji Restoration. Prior to the Restoration, Japan's feudal fiefs all issued their own money, ''Scrip of Edo period Japan, hansatsu'', in an array of incompatible denominations, but the ''New Currency Act'' of Meiji 4 (1871) did away with these and established the yen as the new decimal currency, which had parity with the Mexican silver dollar. The former Han (Japan), han (fiefs) became Prefectures of Japan, prefectures and their mints became private chartered banks which, however, initially retained the right to print money. For a time both the central government and these so-called "national" banks issued money. A period of unanticipated consequences was ended when the Bank of Japan was founded ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Far Eastern Economic Review
The ''Far Eastern Economic Review'' (''FEER'') was an Asian business magazine published between 1946 and December 2009 in the English language. Based in Hong Kong, the news magazine published weekly until December 2004, when it converted to a monthly publication because of financial difficulties. After ''FEER'' became a monthly, most articles were contributed by non-staff specialists, including economists, business-community figures, government policymakers and social scientists. ''FEER'' covered a variety of topics including politics, business, economics, technology, and social and cultural issues throughout Asia, focusing on Southeast Asia and Greater China. History The ''Far Eastern Economic Review'' was started in 1946 by Eric Halpern, a Jewish immigrant from Vienna. He initially settled in Shanghai and worked for ''Finance and Commerce'', a biweekly business magazine that shut down in December 1941 after Japanese troops invaded the city. The Kadoorie family, Jardines, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Monetary Fund
The Asian Monetary Fund (AMF) was an idea put forward by the Japanese government during the 1997 Asian financial crisis at the G7-IMF meetings in Hong Kong during September 20–25, 1997 that was never implemented. The proposal was that an institution be formed to work towards setting up a regional network funded by Asian countries to overcome current and future economic crisis. During the Asian financial crisis, Asian leaders had difficulties in dealing with both regional and international institutions such as the Association of Southeast Asian Nations (ASEAN) and particularly the International Monetary Fund (IMF). Countries such as Indonesia, Republic of Korea, and Thailand had to turn to bailouts from the IMF. However, the strict conditions of the IMF bailouts evoked discontent among Asian countries. This discontent was largely because Asian nations had little leverage on IMF crisis resolution measures despite the IMF being an international organisation. Another source of disc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asia Times Online
''Asia Times'' (), formerly known as ''Asia Times Online'', is a Hong Kong-based English language news media publishing group, covering politics, economics, business and culture from an Asian perspective. ''Asia Times'' publishes in English and simplified Chinese. History The Hong Kong website is a direct descendant of the Bangkok-based print newspaper that was launched in 1995 and closed in mid-1997. ''Asia Times Online'' was created early in 1999 as a successor in "publication policy and editorial outlook" to the print newspaper ''Asia Times'', owned by Sondhi Limthongkul, a Thai media mogul and leader of the People's Alliance for Democracy, who later sold his business. The new publishing company is Asia Times Holdings Limited, incorporated and duly registered in Hong Kong. Many reporters from the ''Asia Times'' print edition continued their careers as journalists, and a group of those contributors created ''Asia Times Online'' as a successor to the ''Asia Times''. The word ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Daily Star (Bangladesh)
''The Daily Star'' is a leading Bangladeshi English-language daily newspaper. It is the largest circulating daily English-language newspaper in the country. Founded by Syed Mohammed Ali on 14 January 1991, as Bangladesh transitioned and restored parliamentary democracy, the newspaper became popular for its outspoken coverage of politics, corruption and foreign policy. It is considered a newspaper of record for Bangladesh. The newspaper is known for its "reputation for journalistic integrity and liberal and progressive views - a kind of Bangladeshi ''New York Times''". Its slogan is "Journalism Without Fear or Favour". Mahfuz Anam serves as editor and publisher of ''The Daily Star''. Its motto, "Your Right to Know", appears above its logo on the front page. ''The Daily Star'' is owned by Mediaworld, in which a major share is held by the Transcom Group. ''Star Business'' is the business edition of the paper and highly popular. History In the late 1980s, plans for a major English ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Associated Press
The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. newspapers and broadcasters. The AP has earned 56 Pulitzer Prizes, including 34 for photography, since the award was established in 1917. It is also known for publishing the widely used '' AP Stylebook''. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters, English, Spanish, and Arabic. The AP operates 248 news bureaus in 99 countries. It also operates the AP Radio Network, which provides newscasts twice hourly for broadcast and satellite radio and television stations. Many newspapers and broadcasters outside the United States are AP subscribers, paying a fee to use AP material without being contributing members of the cooperative. As part of their cooperative agreement with the AP, most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
