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Search resuls for: "Sri Jegarajah"


15 mentions found


☆ Oil markets are still volatile, U.S. energy chief says, calling for further supplies
  + stars: | 2023-07-22 | by ( Charmaine Jacob Ruxandra Iordache | Charmaine Jacob | Ruxandra Iordache | ) www.cnbc.com   time to read: +2 min
Volatility is still weighing on oil markets, U.S. Energy Secretary Jennifer Granholm said Saturday, reiterating calls for additional supplies. Asked to comment on the state of oil markets, she told CNBC's Sri Jegarajah that "there's no doubt that there is a volatile environment, and ... there's plenty of indebtedness" — a situation that the White House is monitoring. "There is a lot of emotion in these markets and so we have deep concern about trajectories of where things are headed," the energy secretary added. Granholm said she expects oil demand in the U.S. to increase to 12.5 million barrels per day this year, and to make further gains in 2024. High crude oil prices continue to be a challenge for the Biden administration, and lowering costs remains a priority.
Persons: Jennifer Granholm, CNBC's, Granholm, —, Biden Organizations: U.S . Energy, Organization of, Petroleum, Coalition, Saudi, Washington Locations: U.S, OPEC, Saudi Arabia, Russia
☆ ‘Everyone can see the reality’ in Ukraine except for Putin, UK defense minister says
  + stars: | 2023-06-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email‘Everyone can see the reality’ in Ukraine except for Putin, UK defense minister says“Russia, we see under continued pressure — it’s running out of stocks. I think the reckless and illegal use of targeting critical national infrastructure, civilian areas, is actually a sign of desperation, it’s not a sign of strength by the Russian regime, and so I’m optimistic for the future,” British Defense Minister Ben Wallace told CNBC’s Sri Jegarajah.
Persons: Putin, “, it’s, Ben Wallace, CNBC’s Organizations: British, CNBC’s Sri Locations: Ukraine, “ Russia, Russian, CNBC’s Sri Jegarajah
☆ China is a threat but talks must continue: Germany, Canada, Australia
  + stars: | 2023-06-05 | by ( Charmaine Jacob | ) www.cnbc.com   time to read: +5 min
Germany's Defense Minister Boris Pistorius was part of the the Shangri-la Dialogue, Asia's largest security forum, over the weekend. Decoupling from China is not an option, but finding a path to de-risk and reduce dependencies is important, Germany's Defense Minister Boris Pistorius told CNBC's Sri Jegarajah at the event. Australia's Trade Minister Don Farrell told CNBC in April that he's hopeful other tariffs put in place could be removed as well. China seen as a 'disruptive power'China is an "increasingly disruptive power" to peace in the region, Anita Anand, Canada's defense minister said, told CNBC. Speaking at the event Sunday, China's defense minister addressed the issue.
Persons: Boris Pistorius, CNBC's, Pistorius, That's, Richard Marles, Marles, Don Farrell, Anita Anand, Anand, we'll, Li Organizations: Germany's, Getty, SINGAPORE, CNBC, CNBC's Sri, World Trade Organization, China, Australia's Trade Locations: Australia, Canada, Germany, Singapore, China, CNBC's Sri Jegarajah, Canberra, Beijing, Taiwan
☆ Sweden's defense minister: We have assets and capabilities that can make NATO stronger
  + stars: | 2023-06-04 | by ( ) www.cnbc.com   time to read: 1 min
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
☆ German defense minister: We have to reconstruct our armed forces after 3 decades of a peace dividend
  + stars: | 2023-06-03 | by ( ) www.cnbc.com   time to read: 1 min
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
☆ We have a lot of anxieties about China: Australia's deputy prime minister
  + stars: | 2023-06-03 | by ( ) www.cnbc.com   time to read: 1 min
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
☆ NZ defense minister: Dialogue essential as competition intensifies
  + stars: | 2023-06-02 | by ( ) www.cnbc.com   time to read: 1 min
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
☆ 'Everyone can see the reality' in Ukraine except for Putin, UK defense minister says
  + stars: | 2023-06-02 | by ( Elliot Smith | ) www.cnbc.com   time to read: +2 min
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
☆ Thai elections: Many want to break away from military rule
  + stars: | 2023-05-15 | by ( Sri Jegarajah | ) www.cnbc.com   time to read: 1 min
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.
☆ Thai stocks reverse gains as opposition parties secure strong majority in election
  + stars: | 2023-05-15 | by ( Lim Hui Jie Clement Tan | Lim Hui Jie | Clement Tan | ) www.cnbc.com   time to read: +3 min
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.
☆ IMF is bullish Sri Lanka's crisis-stricken economy will recover as country gets bailout
  + stars: | 2023-03-21 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +4 min
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.
☆ There are still opportunities in VC firms despite a drop in funding, says 500 Global
  + stars: | 2023-02-27 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
Global venture capital firm 500 Global is bullish on the VC sector, even as venture funding took a hit in 2022 as economic uncertainties loomed. According to data compiled by Crunchbase, global venture funding in 2022 totaled $445 billion — lower by 35% compared to the previous year. "But I wouldn't go so far as to say that there is a funding winter," Harnal told CNBC's Martin Soong and Sri Jegarajah. Some of the startups they invested in during their early stages include Australian graphic design software Canva, Southeast Asia's ride-hailing firm Grab and Indonesian fish farming tech startup eFishery. Startups are mostly unprofitable, as they prioritize growth over profitability in the initial years, which usually translates into burning cash.
☆ After ASEAN and G-20, diplomats make last push on Ukraine crisis at APEC
  + stars: | 2022-11-18 | by ( Sri Jegarajah | ) www.cnbc.com   time to read: +1 min
A possible spillover of the war in Ukraine into Europe's eastern flank, which risks sparking a new phase of the conflict, will overshadow the agenda at this week's APEC Summit in Bangkok. Nurphoto | Getty ImagesBANGKOK — A possible spillover of the war in Ukraine into Europe's eastern flank, which risks sparking a new phase of the conflict, will overshadow the agenda at this week's APEC Summit in Bangkok. The latest developments in Europe are likely to eclipse the Asia Pacific Economic Cooperation forum as business leaders, heads of state and diplomats try to find a way out of the conflict in Ukraine. The war has led to a stubbornly high global inflation that's challenged policymakers and caused a crippling cost of living crisis. Thailand has shown exceptional leadership in steering APEC through a challenging time," he said.
☆ What to know about Bhutan's new sustainability fee
  + stars: | 2022-09-19 | by ( Monica Buchanan Pitrelli | ) www.cnbc.com   time to read: 1 min
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."
☆ Why rich countries are so dependent on migrant workers
  + stars: | 2021-10-15 | by ( Nessa Anwar | Sri Jegarajah | ) www.cnbc.com   time to read: +1 min
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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