Four Injured in Violent Phatthalung Street Shootout
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9
Restaurant Owner Loses Nearly 200,000 Baht to M-Flow Payment Scam
Off topic of Thailand scams. This stuff happens in the United States too. I have received 2 scam emails for the EZPASS system I customer of. My website email company put them into my scam folder. Checking on the return email address I saw they were not from EZPASS. -
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My wife went to the dentist - Not sure what to do next.
15,000 baht is a reasonable price, what are you complaining about? -
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What is the smallest state in the US by land mass?
Once the permafrost melts, Canada. -
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What is the smallest state in the US by land mass?
Don't even need google every school kid knows its Rhode Island -
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Earthquake Rocks Bangkok: Building Collapses with 40 people inside
got more fun things to do. -
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The Mar-a-Lago Accord
On Wall Street, there is talk that Trump's tariff policy's aim is to make world leaders build factories in the US and strengthen their own currencies to help US manufacturing. In 1985, Washington persuaded Japan, Germany, Britain and France to coordinate on devaluing the dollar in the Plaza Accord. The White House thinks it can leverage threats of tariffs and withdrawn US security guarantees to dictate terms. But Europe is rearming by building up its own defence base rather than buying US-made weapons, and longstanding US allies are planning independent nuclear deterrents. Rather than bow to Trump, the global response “has been to look for alternatives”. China, which is already struggling with sluggish demand, also has no interest in doing a deal that harms its own exporters, says Neil Shearing of Capital Economics. With foreigners buying large amounts of dollar-denominated assets, Americans can consume more than they produce. One way to fix this would be to limit those inflows by imposing capital controls, but that would lower US living standards and damage the dollar’s status as the global reserve currency. George Saravelos of Deutsche Bank argues, “There is a fundamental inconsistency” between Trump’s desire “to maintain dollar reserve status” and many of the proposals currently floating around for engineering a weaker dollar.'' Talk of a Mar-a-Lago deal rests on a “misidentification” of the true sources of imbalanced global trade, namely very large fiscal deficits in the US and a very high savings rate in China. What is the Mar-a-Lago Accord and why is it getting attention from Wall Street?
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