Thailand, Myanmar to Boost Trade Cooperation
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Advice - Comments – Thoughts on ISPs
Further to what is written above about the acquisition, the agreement states that they are not allowed to raise the price of Broadband for at least five years. I cannot comment on whether that is being adhered to nor whether they have raised and shuffled the TV component prices to compensate. It's worth pointing out that with some AIS mobile packs, AIS Play Family is included. -
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Markets Rebound as US and China agree to slash tariffs for 90 days
The US and China have agreed a deal that will significantly cut the import tariffs, or taxes, both sides have imposed on one another for a 90-day period. US Treasury Secretary Scott Bessent said both countries would lower their reciprocal tariffs by 115% for 90 days. The announcement came after the two countries held intensive talks in Switzerland over the weekend. It was the first meeting between the two countries since US President Donald Trump had levied steep tariffs against China on its goods entering America in January. The breakthrough comes after Bessent and US Trade Representative Jamieson Greer joined other American officials in Geneva to meet with Chinese counterparts. These discussions followed last month’s dramatic move by President Trump to slap a 145% tariff on most Chinese imports. China responded in kind with its own 125% tariffs on American goods. The tit-for-tat measures caused market volatility and rattled investor confidence, while casting a shadow over global supply chains. President Trump had imposed a 145% tariff on Chinese imports, while Beijing responded with a 125% levy on some US goods. However, the US tariffs on Chinese imports will now be cut to 30% for 90 days, while Chinese tariffs on US imports will be cut to 10% for the same period of time. The US measures still include an extra component aimed at putting pressure on Beijing to do more to curb the illegal trade in fentanyl, a powerful opioid drug. But US officials said they had been positively surprised by the willingness of China to deal with the problem. "Both countries represented their national interest very well," Bessent said. "We both have an interest in balanced trade, the US will continue moving towards that." When the original tariffs were imposed it caused turmoil in the financial markets and sparked fears of a global recession. News of the pausing of the tariffs led to a rebound on stock markets. Hong Kong's benchmark Hang Seng Index jumped on the announcement, ending the day up 3%. China's Shanghai Composite Index had closed before details of the deal came out, and ended 0.8% higher. European stocks opened higher and early indications were that the main US stock markets will open up by 2-3%. While the long-term impact remains uncertain, the recent progress in negotiations could mark a pivotal step toward de-escalation. Investors appear to be watching closely, hopeful that calmer trade waters may lie ahead. Adapted by ASEAN Now from BBC 2025-05-12 -
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Credit card hacked !
I use cash and I am part of a campaign to keep cash in circulation. I never really use credit cards at all. -
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The alarming mental decline of Donald J. Trump -- watch this space
I don’t recall any polls showing that Trump would lose the election. They all pointed to a slim majority for him which is exactly how it went. The smallest winning margin since 1888. How are you coping with all that winning?
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