The Thai central bank has lowered its interest rate by a quarter percentage point in the face of US President Donald Trump's trade tariff measures.
The Bank of Thailand said on Wednesday it cut the rate to 2 percent in its first reduction in four months. Policymakers said the country's economy is subject to "heightened risk from trade policies of major economies," apparently with the US in mind.
28-2-2025
Russian President Vladimir Putin has met with a senior official of North Korea's ruling Workers' Party, signaling Pyongyang's importance to Moscow as the two countries deepen their military ties.
The Russian presidential office says Putin held talks at the Kremlin on Thursday with the visiting secretary of the Workers' Party's central committee, Ri Hi Yong.
The Pyu era, spanning from the 2nd century BCE to the 9th century CE, was a golden age in Myanmar’s history, marked by the rise and prosperity of the Pyu city-states. These early civilizations, flourishing in present-day central Myanmar, were not only pioneers of urban culture but also masterful creators of art, particularly in sculpture. The artistic legacy of the Pyu offers a fascinating glimpse into their religious devotion, societal structure, and aesthetic sensibilities.
US President Donald Trump ordered a probe yesterday into potential tariffs on lumber imports — in his latest move threatening to stoke trade tensions — while also pushing for a domestic supply boost.
Trump signed an executive order instructing Commerce Secretary Howard Lutnick to start an investigation “to determine the effects on the national security of imports of timber, lumber, and their derivative products.”