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☆ Tsai Ing-wen: the leader who put Taiwan on the map and stood up to China
▼ + stars: | 2024-05-18 | by ( Wayne Chang | Nectar Gan | ) edition.cnn.com time to read: +16 min

While supporters applaud Tsai for standing up to China, defending Taiwan’s sovereignty, freedom and democracy, critics blame her for straining ties with Beijing, stoking cross-strait tensions. Beijing, which deems the tacit agreement a precondition for dialogue, has cut official contact with Taipei since Tsai took office. Taiwan President Tsai inspects reservists at a training session at a military base in Taoyuan on May 11, 2023. But under Tsai, Taiwan has sought to enhance its asymmetric defense capabilities, developing and procuring cheaper and more mobile weapon systems that could be instrumental in halting a potential Chinese invasion. Taiwanese military experts have increasingly advocated for such an approach, noting that Taiwan can never match China in military might and assets.

Persons: Taipei CNN — Tsai Ing, introvert, ” Tsai, Xi Jinping, Xi, Tsai, stoking, Taiwan’s, Lai Ching, ”, Alex Chan Tsz Yuk, Wellington Koo, “, Vanessa Hope, Ma Ying, Taiwan's, Jose Lopes Amaral, Wen, Amanda Hsiao, Nancy Pelosi, Chien Chih, Nancy Pelosi’s, Huang, Jameson Wu, ” Sung, ” Hsiao, “ Tsai, Sawayasu Tsuji, Sung, ” Tsai’s, –, Lai Organizations: Taipei CNN, Democratic Progressive Party, DPP, Kuomintang, KMT, World Health Organization, WHO, Atlantic, Trump, Biden, International Crisis, US, Getty, World Health Assembly, National Chengchi University, Getty Images, Taiwan’s Military Academy, ” Tsai’s DPP Locations: Taipei, Taiwan, China, United States, Beijing, Tsai, Asia, Wellington, Ukraine, Gaza, Japan, Czech Republic, Republic of China, Taoyuan, AFP, Washington, Hong Kong

CNN —British singer Ed Sheeran wowed the stage in Mumbai with Diljit Dosanjh over the weekend as the pair sang a rendition of the Indian artist’s hit track “Lover” in Punjabi, a duet that promptly lit up India’s social media. Both artists posted videos of their performances on Instagram, with huge cheers from the crowd as Sheeran invited his singing partner onto the stage. “Got to bring out @diljitdosanjh tonight in Mumbai and sing in Punjabi for the first time. I’ve had such an incredible time in India, more to come!” Sheeran wrote in a post. Fans and Indian celebrities on social media praised Dosanjh for getting Sheeran to sing in an Indian language.

Persons: Ed Sheeran, Dosanjh, Sheeran, “, I’ve, ” Sheeran, Singer, Diljit, ”, Varun Dhawan, Sahil Bulla, ” Dosanjh, “ Hass Hass, Sia Organizations: CNN, Spotify Locations: British, Mumbai, India, London, Australia, Punjab, Pakistan

☆ Siem Reap-Angkor International Airport: Cambodia’s newest and biggest airport opens to commercial flights
▼ + stars: | 2023-10-18 | by ( Karla Cripps | ) edition.cnn.com time to read: +3 min

CNN —Cambodia’s newest and biggest airport opened to commercial operations in the province of Siem Reap in the country’s northwest this week. The China-funded Siem Reap-Angkor International Airport is now the main gateway to one of the country’s most popular tourist sites, the UNESCO-listed Angkor Archaeological Complex. Using the International Air Transport Association-designated code SAI, it replaces Siem Reap International Airport (REP), which first opened in 1932 and is only a few kilometers away from the Angkor complex. Located in Siem Reap province, the UNESCO-listed Angkor Archaeological Park is one of Cambodia's most famous sites. The country is on track to receive approximately 4.5 to five million international tourists by the end of this year, says the ministry.

Persons: Ashit Desai, Angkor Thom Organizations: CNN, UNESCO, Thailand’s Bangkok Airways, International Air Transport Association, SAI, Initiative, REP, Economic, Office, Embassy, Yunnan Aviation Industry Investment Group, Construction, Getty, Cambodia’s Ministry, Tourism Locations: Siem Reap, China, Angkor, Siem, Cambodia, Southeast Asia, Khmer, Angkor Wat

How the $13 trillion economy's slowdown will affect other emerging markets is still an unanswered question for investors. "Lower for longer Chinese growth is shaping a new regime of investments," Amundi's head of emerging markets Yerlan Syzdykov told Reuters. The World Bank trimmed its 2024 China growth forecast to 4.4% from 4.8%. 6/DEVELOPING REFORMThe World Bank, IMF and other multilateral development banks are under pressure to boost lending to poorer countries to fund development and tackle climate change. China and other large emerging economies have long demanded a greater say in the global financial architecture, which is still dominated by parameters set out by the 1944 Bretton Woods meeting, where the IMF and World Bank were established.

Persons: Abdelhak, Joseph Cuthbertson, Syzdykov, Anna Gelpern, Gregory Smith, Smith, Mehmet Simsek, Tayyip Erdogan, Erdogan, drubbing, Timothy Ash, Jorgelina, Rosario, Rachel Savage, Marc Jones, Karin Strohecker, Christina Fincher Organizations: International Monetary Fund, World Bank, Palais des, REUTERS, Federal Reserve, International Monetary, PineBridge Investments, Reuters, Bank, Ukraine, U.S, Kyiv, Paris Club, IMF, American, London, G Investments, JPMorgan, Egypt IMF, Fitch, Reuters Graphics Reuters, Finance, BlueBay Asset Management, Thomson Locations: Palais, Palais des Congres, Marrakech, Morocco, Argentina, Pakistan, Kenya, Egypt, CHINA, China, UKRAINE, Ukraine, Zambia, Sri Lanka, Ghana, Georgetown, Nigeria, TURKEY, Ankara, New York, Washington, London, Woods

RIYADH, Oct 1 (Reuters) - Saudi Arabia is expected to tap the international debt markets to finance a projected budget deficit in 2023-2024, the finance ministry said, against a backdrop of lower oil prices and the country's extended oil production cuts. Both deficits are estimated at 161 billion riyals ($43 billion). Saudi Arabia is working to prepare an annual borrowing plan in accordance with a medium-term debt strategy and "access global debt markets to enhance the kingdom's position in international markets", the finance ministry said. This has pushed total revenue estimates for 2023 up to 1,180 billion riyals from an earlier projection of 1,130 billion riyals, the finance ministry said. Meanwhile, total expenditure is seen rising to 1,262 billion riyals in 2023, from an earlier estimate of 1,114 billion riyals, before slowing down marginally to 1,251 billion riyals in 2024.

Persons: Aziz El Yaakoubi, Jane Merriman Organizations: Saudi Aramco, Al, Thomson Locations: RIYADH, Saudi Arabia, Riyadh, Saudi, Al Rajhi

We can help show you how to watch the AEW WrestleDream live stream from anywhere in the world too. How to watch AEW WrestleDream PPV live streams from anywhereFITE TV allows you to watch AEW WrestleDream from the UK (£19.99), Canada (CAD$39.99), and Australia (AUD$19.99). How to watch AEW with a VPNSign up for a VPN if you don't have one. Install it on the device you're using to watch AEW WrestleDream. AEW WrestleDream match cardBelow, we've listed a schedule of all the matches for AEW WrestleDream.

Persons: WrestleDream, Bryan Danielson, Zack Sabre Jr, Adam Page, Strickland, Christian, Darby Allin, Eddie Kingston, Kasuyon Shibata, It's, ExpressVPN, AEW, Chris Jericho, Don Callis, Christian Cage, Katsuyori Shibata, Kris Statlander, Julia Hart, Orange Cassidy, Ricky Starks, Wheeler Yuta Organizations: Wembley, TNT, ROH, DirecTV, AEW, TBS, Bucks, Lucha Brothers Locations: Seattle, Canada, Australia, United States

Turkey still has $2.5 billion earmarked in its budget for issuance this year - but could possibly go further than that, JPMorgan's Weiler told Reuters. Markets are expecting Turkey to come to market within days, though some are pointing to a country ratings review by S&P Global Ratings scheduled for Friday. Domestic appliance maker Arcelik last week became the first Turkish corporate to launch an international bond since January 2022. September is generally a busy month for emerging market issuers, though adding to the momentum was increasing risk appetite from investors, he said. Reporting by Karin Strohecker and Jorgelina do Rosario in London; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

Persons: Stefan Weiler, Tayyip Erdogan, JPMorgan's Weiler, Weiler, Erdogan, Mehmet Simsek, Hafize Gaye Erkan, Fitch, " Weiler, Karin Strohecker, Jacqueline Wong Organizations: JPMorgan, Reuters, Wall Street, Turkiye, . Treasury, Thomson Locations: Ankara, Turkey, Africa, Rosario, London

See also: Free Basketball World Cup live streamHow to watch AEW All In PPV live streams from anywhereFITE TV allows you to watch AEW All In from the UK (£19.99), Canada (CAD$39.99), and Australia (AUD$19.99). DAZN Subscription DAZN is a sports streaming service with live and on-demand content, including exclusive boxing matches. How to watch AEW All In from the UKCan't make it to Wembley to watch in person? How to watch AEW All In from AustraliaAustralians have it better than anyone else when watching AEW All In. The Young Bucks (AEW World Tag Team Championship)Hikaru Shida (c) vs. Britt Baker vs. Saraya vs. Toni Storm (AEW World Women's Championship)The House of Black (c) vs.

Persons: Maxwell Jacob Friedman, Adam Cole, —, Punk, Samoa Joe, Jon Moxley, Britt Baker, Orange Cassidy, Toni Storm, Kenny Omage, Adam Page, Strickland, Sting, Allin Darby, You'll, It's, ExpressVPN, DAZN, it'll, Hikaru Shida, Eddie Kingston, Penta El, Claudio Castagnoli, Wheeler Yuta, Santana, Ortiz, Darby Allin, Christian Cage, Coffin, Kenny Omega, Jay White, Juice Robinson, Konosuke Takeshita Organizations: Wembley, London's, Young, FTR, Samoa, DirecTV, Canada Canadians, Australia Australians, ESPN, Young Bucks, Kota Locations: Canada, Australia, DAZN, United States, United Kingdom

KUWAIT, June 6 (Reuters) - Kuwait on Tuesday holds its second legislative election in nine months in a bid to resolve a grinding political crisis that has seen parliament repeatedly dissolved and reinstated, hindering economic reforms. Kuwait's last election was in September 2022, when opposition candidates made gains and which was called to replace the 2020 parliament which had been dissolved in a bid to end political bickering. The 2022 vote was nullified in March and parliament was reinstated under its 2020 composition. Frequent political deadlock in Kuwait, the Gulf region's oldest and most lively legislature, has for decades led to cabinet reshuffles and parliament dissolutions. "In terms of moving past this political impasse, political reform is often discussed, but there is little agreement about what type of reform would be best" Freer said.

Persons: state's, reshuffles, Courtney Freer, Freer, Lisa Barrington, Ahmed Hagagy, Bernadette Baum Organizations: National Assembly, Emory University, Monetary Fund, Debt, Thomson Locations: KUWAIT, Kuwait, dissolutions

☆ I save $10,000+ a year on airfare by booking with miles, and I've found the best US airport for flights to Israel (and Europe) at rock-bottom prices
▼ + stars: | 2023-05-12 | by ( Joseph Hostetler | Jasmin Baron | Credit Cards Reporter | ) www.businessinsider.com time to read: +27 min

Read Insider's guide to the best travel rewards credit cards. You might even already have a large stash of them if you have a travel rewards credit card — even if you've never heard of them. Chase Sapphire Preferred® Card 4.4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.4 out of 5 Stars A tooltip Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. Apply nowChase Sapphire Preferred® Card 4.4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.4 out of 5 Stars A tooltip Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. Show more Regular Annual Percentage Rate (APR) 20.74% - 27.74% Variable Editor's Rating 4.4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.4 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available.

☆ Analysis: Debt crunch looms for weaker economies with a wall of bond maturities ahead
▼ + stars: | 2023-04-10 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +5 min

"A more prolonged period without market access would be of more concern for the lower-rated tiers of the emerging markets sovereign universe," said James Wilson, EM sovereign strategist for ING. Tapping international debt markets hasn't been a problem across the board for emerging economies. The JPMorgan's emerging markets bond index (EMBI) for high yield debt is at 900 basis points over U.S. Treasuries, and has largely remained over 800 bps since the beginning of last year. The Russia conflict and then the Fed hiking cycle led to higher spreads for a much longer period," said Gregory Smith, emerging markets fund manager at London-based M&G Investment. A weaker U.S. dollar should help countries to tap international markets in the medium term, but recent data fueled jitters that restrictive central bank policies could push the global economy into recession.

☆ Kuwait re-appoints Sheikh Ahmad Nawaf al-Sabah as PM - state news agency
▼ + stars: | 2023-03-05 | by ( ) www.reuters.com time to read: +1 min

KUWAIT, March 5 (Reuters) - Kuwait's crown prince re-appointed Sheikh Ahmad Nawaf al-Sabah as prime minister and asked him to nominate a cabinet, state news agency KUNA reported on Sunday, more than a month after the government resigned due to renewed friction with parliament. Crown Prince Sheikh Meshal al-Ahmad al-Sabah, who has taken over most of the ruling emir's duties, moved last year to end feuding by naming Sheikh Ahmad as premier, dissolving parliament and calling early polls, in which opposition members made gains. Kuwait bans political parties but has given its legislature more influence than similar bodies in other Gulf monarchies. While Kuwait has strong fiscal and external balance sheets, frequent political bickering and institutional gridlock have hampered investment and reforms aimed at reducing its heavy reliance on oil revenues. Reporting by Mahmoud Mourad; Writing by Ghaida Ghantous; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

☆ Buy these 6 cheap stocks now to take advantage of a perfect setup for contrarian investors, according to a leading international fund manager
▼ + stars: | 2023-02-03 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Contrarian fund manager Krishna Mohanraj is bullish on international stocks despite recession fears. That contrarian approach has worked wonders for Mohanraj's Diamond Hill International Fund (DHIAX) recently. Over the last three months, Mohanraj's fund is up about 20% amid a long-awaited comeback for international stocks. 2 tailwinds that will send global stocks soaringMohanraj believes that foreign stocks' recent momentum will continue, even though the global economy is flirting with a recession. In fact, the fund manager described the current environment for international stocks as an "active investor heaven."

☆ Australia's Westpac to tap U.S. dollar bond market - term sheet
▼ + stars: | 2022-11-09 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +1 min

SYDNEY, Nov 9 (Reuters) - Australia's Westpac Banking Corp (WBC.AX) has mandated banks to work on two- and five-year U.S. dollar bond issuances, according to a term sheet reviewed by Reuters. Westpac raised A$2.8 billion ($1.82 billion) in an Australian-dollar-denominated bond on Monday, domestic media said. The bank plans to issue in U.S. dollars a two-year fixed rate bond, a two-year floating rate note, and a five-year fixed rate transaction, the term sheet showed. The final pricing is due to be set later in the New York trading session on Wednesday, subject to market conditions, according to the term sheet. Westpac planned to use the U.S. dollar proceeds from the bonds for general corporate purposes, the term sheet showed.

☆ Analysis: IMF plugs financing gaps as riskier emerging markets face squeeze
▼ + stars: | 2022-10-14 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +6 min

Ghana, Egypt, Tunisia and Malawi are all in talks on some type of IMF financing. Countries' debt burdens have risen. Turning to the IMF for financing has been the traditional playbook for smaller, strained countries in times of crisis. A set of new IMF tools should also help funnel more funds to such countries in the short-term. "But IMF does act as an anchor and allows access to a broader set of funding, even if not from the market," said Alexandru-Chidesciuc.

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