Apr 27
- Even Billionaires Do Dumb Deals (ZeroHedge, April 27, 2013)
Tags: China, Economy, Global News, Thailand
Mar 06
FYI. (And I certainly do NOT agree on those recommended countries being the ’5 best countries’, but it gives you ideas what you could do besides sitting and waiting for the hammer to fall.)
- 5 Best Countries to Move to Before Collapse of the West (Activist Post, March 5, 2013):
It’s been two-and-a-half years since we posted a similar article to this. In just that short time, the national average gas price has gone up from $2.86/gallon to $3.72/gallon, a 30% increase. This is our updated list of where to bug out to.
That which mathematically cannot continue will not continue. Western countries, led by the United States and Europe, are in deep economic trouble. Massive debt levels are strangling their economies, and once great nations like Greece and Spain have been reduced to third-world status with staggering unemployment levels and almost daily violent riots.
Tags: Chile, Collapse, Economy, EU, Europe, Global News, Malaysia, Mexico, Society, Thailand, U.S., Uruguay
Nov 25
- Fukushima exports apple to Thailand to fight harmful rumor (Fukushima Diary, Nov 22, 2012):
Though 42 countries/regions ban importing Fukushima agricultural products at the moment of 11/20/2012, Fukushima prefecture is going to export 360kg of the apples to Thailand in order to fight harmful rumor.
They are going be sold at major supermarkets in Bangkok from 12/14 to 12/16/2012.
Fukushima prefecture exported peach to Thailand this September. The buyers of Thailand is supposed to have commented they want to sell more Fukushima fruits.
Tags: Apples, Economy, Food, Fukushima, Global News, Health, Japan, Radiation, Thailand
Oct 23
- Asian economies turn to yuan (China Daily, Oct 24, 2012):
A “renminbi bloc” has been formed in East Asia, as nations in the region abandon the US dollar and peg their currency to the Chinese yuan — a major signal of China’s successful bid to internationalize its currency, a research report has said.
The Peterson Institute for International Economics, or PIIE, said in its latest research that China has moved closer to its long-term goal for the renminbi to become a global reserve currency.
Since the global financial crisis, the report said, more and more nations, especially emerging economies, see the yuan as the main reference currency when setting their exchange rate.
And now seven out of 10 economies in the region — including South Korea, Indonesia, Malaysia, Singapore and Thailand — track the renminbi more closely than they do the US dollar. Only three economies in the group — Hong Kong, Vietnam, and Mongolia — still have currencies following the dollar more closely than the renminbi, said the report, posted on the institute’s website.
The South Korean won, for example, has appreciated in sync with the renminbi against the dollar since mid-2010.
Tags: China, Dollar, Economy, Global News, Government, Indonesia, Malaysia, Politics, Singapore, South Korea, Thailand, U.S., Yuan
Sep 07
This has been reported before:
- Radioactive Fukushima Peaches To Be Exported To Thailand
- FRCSR Alert: Fukushima peaches on sale outside Japan (ENENews, Sep 6, 2012)
Tags: Bangkok, Food, Fukushima, Global News, Japan, Nuclear, Nuclear reactors, Radiation, Thailand
Aug 14
- Thai Senator “Accidentally” Kills Secretary With Submachine Gun, Has Arrest Immunity, Faces $636 Fine (ZeroHedge, Aug 13, 2012):
We had great hopes that following the return of Merkel from vacation, the VIX would finally post an uptick. Alas, it appears that the Fed’s new market desk head will not relent until the VIX is at or below 0 (alternatively, stock volume will hit 0 first, in either case confirming the death of equities as anything resembling a discounting mechanism, and validating it as a plaything of central banks). Which means that until reality does come back first slowly and then very fast, we have to focus on more “off the beaten path” news. Such as this one courtesy of BBC: Thai MP Boonsong Kowawisarat ‘accidentally kills secretary.’ With a submachine gun. In a restaurant. Has yet to be arrested. And faces a $636 fine if convicted.
Senator Boonsong Kowawisarat took out a 9mm Uzi submachine gun while waiting for food, the Bangkok Post reported.
He told police the gun accidentally discharged and his secretary was shot in the stomach.
Police say that the shooting happened in Phrae province, northern Thailand.
Police say that because Mr Boonsong was in shock after the incident, the restaurant owner rushed the secretary to hospital where she succumbed to gunshot wounds. Continue reading »
Tags: Boonsong Kowawisarat, Global News, Government, Guns, Politics, Thailand
Aug 11
- #Fukushima Peaches to Be Exported to Thailand, Starting Late August (EX-SKF, Aug 10,2012):
Buyers from Thailand say they are satisfied with the testing procedure that the Fukushima prefectural government has in place.To recap that testing method (for more details about peaches in Fukushima, see my previous post about Fukushima peaches offered to the Imperial Family):
- Take a small amount of sample from each peach farmer.
- Test it using the NaI scintillation survey meter with high detection limit (probably 25 becquerels/kg).
- If the sample registers more than 50 becquerels/kg, then test it with the germanium semiconductor detector that the prefectural government owns, again with relatively high detection limit (about 10 becquerels/kg).
- If the sample tested using the germanium semiconductor detector has less than 100 becquerels/kg, all clear!
Looking at the pictures of how they test using the NaI scintillation survey meter (click to enlarge), the sample size looks no more than 100 milliliters. Testing laboratories run by the citizens’ groups in Japan and by private companies require at least 1 liter (1,000 milliliters) of samples to be effective, and they use the same or better NaI scintillation survey meters.
The article below from Fukushima Minpo says one additional thing and that’s troubling; rice from Fukushima has been exported overseas AFTER the Fukushima I Nuclear Power Plant accident. I wasn’t aware of that news.
From Fukushima Minpo (8/10/2012):
県産モモ、今月下旬輸出 タイのバイヤーが県庁訪問
Peaches produced in Fukushima to be exported, starting late August; Buyers from Thailand visit the prefectural office Continue reading »
Tags: Contamination, Environment, Food, Fukushima, Global News, Government, Health, Japan, Nuclear, Nuclear reactors, Politics, Radiation, Thailand
Oct 22
Floodwaters swamped the municipality of Rangsit, on the outskirts of Bangkok, forcing residents to abandon their homes
- Thai PM opens the floodgates in desperate bid to save Bangkok (Independent, Oct. 21, 2011):
Thailand’s new prime minister last night opted for a high-risk gamble to try and save Bangkok from devastating flooding by allowing some of the surging waters to enter the city.
By deciding to proceed with a controlled release of water through the city’s network of canals, Yingluck Shinawatra and her senior officials are hoping to ensure any flooding to the capital city reaches no more than ankle deep. But they admit what they are doing is a gamble that could go wrong.
Tags: Bangkok, Environment, Flood, Global News, Government, Politics, Thailand
Sep 21
Probably out of ‘tradition’! ROFL!
- Hilarious: Ron Paul: ‘Why Do Central Banks Hold Gold?’ Ben Bernanke: ‘Tradition’
Got PHYSICAL gold (and silver!)?
Gold (and silver!) is money, the real money of the elitists, everything else is just worthless paper.
Protect your assets!
- Central Banks Net Buyers of Gold for First Time in 20 Years (Financial Times, Sep. 19 2011):
European central banks have become net buyers of gold for the first time in more than two decades, the latest sign of how the turbulence in the currency and debt markets has revolutionized the bullion market
The purchases are minuscule compared with the size of the global gold market, but highlight a remarkable turnaround from a wave of heavy selling by European central banks.
The role of central banks in the gold market will be a central topic of debate at the annual London Bullion Market Association conference, the largest gathering of the gold industry, in Montreal this week.
The switch from large selling to buying has helped propel the gold price more than 25 percent higher so far this year, hitting a nominal record of $1,920 a troy ounce this month. The shift in Europe comes as central banks in emerging markets are also loading up on gold.
Mexico, Russia, South Korea and Thailand have all made large purchases this year, in a move to reduce their exposure to the dollar. Globally, central banks are set to buy more gold this year than at any time since the collapse of the Bretton Woods system 40 years ago – the last time the value of the dollar was linked to gold.
Tags: ECB, Economy, EU, Europe, Gold, Government, Mexico, Politics, Russia, South Korea, Thailand
Aug 23
- Thai Exchange Temporarily Halts Silver Futures After 10% Price Jump (Bloomberg Wire, Aug 22, 2011)
- Thailand Futures Exchange Resumes Trading Of Silver Futures At 15:04 Hrs After Tomorary Halt (Exchange News Direct, Aug 22, 2011):
Due to the Silver Futures was executed more than 10% of the latest settlement price, Thailand Futures Exchange (TFEX) decided to suspend trading of all Silver Futures series for a certain period, from 14.34 onwards, and recommenced the trading of Silver Futures from 15:04.
The Pre-open session started from 14:54 to 15:04 hrs (10 minutes before Silver Futures resumption) and the daily price limit would be expanded to no more than + 20% of the latest settlement price.
The suspension was in accordance with derivatives regulations stated in Silver Futures’ contract specification.
- Gold spurts as stocks dip (Bangkok Post, Aug 23, 2011)
The TFEX temporarily suspended trade of silver contracts for 30 minutes after prices rose beyond the daily 10% ceiling. Trading was allowed to reopen at 15:04 pm, with the price limits increased to 20% of the last settlement price.
At the end of the afternoon session, the August silver contract was quoted at 1,315, up 70 from Friday, while October contracts rose 133 to 1,439.
Mr Boonlert said prices were being driven by both speculation and investor fear, and cautioned investors to monitor global market trends closely.
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