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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSweden's defense minister: We have assets and capabilities that can make NATO strongerSweden Defense Minister Pål Jonson tells CNBC's Sri Jegarajah that the country is well placed to become a security provider to the NATO military alliance.
Persons: Pål Jonson, CNBC's Organizations: NATO, Sweden Defense Locations: Jegarajah
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGerman defense minister: We have to reconstruct our armed forces after 3 decades of a peace dividendBoris Pistorius, the German defense minister, discusses a possible end to the Russia-Ukraine war and his country's defense policy with CNBC's Sri Jegarajah.
Persons: Boris Pistorius Locations: Russia, Ukraine, Jegarajah
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe have a lot of anxieties about China: Australia's deputy prime ministerRichard Marles, Australia's deputy prime minister and minster of defense, tells CNBC's Sri Jegarajah that the current set of strategic circumstances are the most complex since the end of the second world war.
Persons: Richard Marles Locations: China, Jegarajah
British Defence Secretary Ben Wallace and Ukraine's President Volodymyr Zelenskiy shake hands after a meeting, as Russia's attack on Ukraine continues, in Kyiv, Ukraine June 10, 2022. British Defense Minister Ben Wallace on Friday said Vladimir Putin is "at risk of losing everything" if Russia does not withdraw its forces from Ukraine. In a busy week for diplomacy, European leaders met in Moldova in recent days for the European Political Community summit, attended by Ukrainian President Volodymyr Zelenskyy. Defense ministers from around the world gathered in Singapore on Friday for the Shangri-La Dialogue Defense Summit. Moscow was meanwhile hit by drone strikes earlier this week, with President Vladimir Putin claiming the attacks targeted Russian civilians, while the country's foreign ministry vowed to respond with "the harshest possible measures."
Persons: Ben Wallace, Volodymyr Zelenskiy, Vladimir Putin, Volodymyr Zelenskyy, Wallace, it's, CNBC's, CNBC's Sri Jegarajah Organizations: British, European, Ukrainian, NATO, Dialogue Defense, CNBC, Storm, U.K, CNBC's Sri, UN Locations: Ukraine, Kyiv, Russia, Moldova, Oslo, Singapore, Ukrainian, Russian, Moscow
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDialogue 'absolutely essential' as major powers' competition intensifies, NZ defense minister saysNew Zealand Defense Minister Andrew Little talks to CNBC's Sri Jegarajah ahead of the IISS Shangri-La Dialogue defense summit in Singapore.
Persons: Andrew Little, Sri Jegarajah Organizations: New Zealand Defense, Sri Locations: Singapore
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThai elections: Many want to break away from military ruleThe younger generation in Thailand is challenging "unquestioned loyalty" to the monarchy and strict laws that protect the royal family from insult and criticism. CNBC's Sri Jegarajah reports.
Investors are awaiting more tangible outcomes of Sunday's general election, after preliminary results showed the country's pro-democracy parties secured a strong majority. A calculation by Reuters based on data from the country' Election Commission suggests the anti-military Move Forward party, led by Thai businessman Pita Limjaroenrat, would win the most seats, followed by the Pheu Thai party. If confirmed, this would represent a resounding rejection of pro-military parties led by former prime minister Prayut Chan-o-cha, ending nine years of pro-military rule. The Pheu Thai party has put forward Paetongtarn Shinawatra — the daughter of former Thai prime minister Thaksin Shinawatra — as its candidate for prime minister, while Reuters reported that Limjaroenrat also has "set his sights set on being prime minister." First quarter GDPSeparately, Thailand's gross domestic product for the first quarter grew 2.7%% year-on-year, beating expectations of a 2.3% rise.
We expect a contraction around 8% in 2022, a 3% contraction this year before the economy picks up next year." watch nowAs a result, Sri Lanka's debt levels have become unsustainable and inflation remains elevated, he added. "There are plenty of examples of IMF programs restoring stability, though these often come at the cost of painful austerity." Analysts have also argued Sri Lanka needs institutional reforms in order to achieve long-term debt sustainability. Critical reforms"Ambitious revenue-based fiscal consolidation is necessary for restoring fiscal and debt sustainability" in Sri Lanka, said Kistalina Georgieva, IMF's managing director.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat to know about Bhutan's new sustainability feeCNBC's Sri Jegarajah and Monica Pitrelli speak to Randy Durband, CEO of the UN-created NGO Global Sustainable Tourism Council, about Bhutan's increased "Sustainable Development Fee."
Economic globalization has created more migrant workers than ever before. Migrant workers are people who live and work in a country where they don't hold citizenship. Globally, 67.4% of migrant workers — or 114 million people — live in wealthy countries. The vulnerability of migrant workers was highlighted by the pandemic, as borders were closed and mobility was heavily restricted. Despite the challenges, migrant workers provide great economic benefits not only to their host country, but back home as well.
Persons: Jegarajah Organizations: United Nations
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