Thailand’s economy has seen growth in its recovery amid the global pandemic, but rising COVID-19 cases concern health experts.

Heavily reliant on international tourism to boost its economy, Thailand dropped its quarantine requirement for fully vaccinated visitors in November, with thousands of arrivals flocking to the country since.

But along with the renewal of tourism in Thailand, new COVID-19 infections have also begun to accelerate throughout the country.

Dr. Anan Jongkaewwattana, a virologist and researcher at the National Centre for Genetic Engineering and Biotechnology in Thailand, has said the country is at a “crossroads” over what to do next.

“We are experiencing rising in omicron cases — a very rapid one. The question should be how long we can expect it to slow down … it can be days or weeks or even months,” he told VOA.

“In my opinion, we are at the crossroads at the moment. The number of cases are rising but, to many doctors, the majority of them are still considered mild when compared to the delta wave,” he added.

Data show that the omicron variant is highly transmissible, has an incubation period of about five days and causes less severe symptoms than earlier variants.

Thailand saw a new daily record high on Friday, with 24,932 cases.

Last year saw strict curfews and social restrictions enforced throughout the country for months. However, after a speedy vaccination rollout – sometimes reaching one million doses administered per day – measures were eventually relaxed toward the end of the year.

Officials said on Monday that the economy rebounded in the fourth quarter of 2021, with rising exports and the return of tourists. Year on year, Thailand saw a 1.9% increase in its economy, aided by the late wave of tourism. Nearly 500,000 people have visited since November.

With rapidly rising infection in the country, though, foreign tourists may think twice about entering, according to Stuart McDonald, founder of travel guide Travelfish.org.

“Should that be concerning for tourists? I would say yes. It is a rapidly changing situation and the Thai administration has a history of chopping and changing rules in an ad hoc, short notice, manner, and not always in a manner clearly informed by concerns for public health,” McDonald told VOA.

Thai authorities have changed entry requirements for tourists several times in recent months, including pausing its Test & Go plan in December following a rise in omicron cases.

The Thai government made further changes Wednesday to the plan, allowing fully vaccinated visitors to skip the quarantine period that is required by unvaccinated air arrivals.

As of March 1, fully vaccinated arrivals are now only required to take one PCR test instead of two when entering the country. Travelers must then wait for their results for up to 24 hours in a health-approved hotel before being allowed to travel elsewhere. Visitors must also take a self-administered rapid antigen test on the fifth day.

Tourism is crucial to the Thai economy. In 2019, tourism accounted for approximately 11% of Thailand’s gross domestic product, and around 20% of Thais were employed in tourism, according to the Bank of Thailand.

Tourism businesses had previously asked the government to relax entry restrictions.

Authorities have recently ruled out any imminent new restrictions, including lockdown, despite recently raising the country’s COVID-19 alert to Level 4, the second-highest level. Masks are still required in public, while people are encouraged to work from home, cancel nonessential travel and avoid large gatherings.

Thailand now must focus on a plan to live with the virus, according to Pravit Rojanaphruk of Thai news site Khaosod English.

“The government can ill afford to impose another semi-lockdown as it has spent a lot of money over the past two years to remedy and contain COVID-19. It is hesitant because further restrictions would adversely affect the latest Test & Go scheme for arrivals from abroad and further harm the tourism and related industries.

“Increasing vaccination is the way ahead as the government has enough vaccines now for a booster shot. Children will be a particular target group in the weeks ahead but some parents are still reluctant. It’s time to focus on normalising coexistence with COVID-19,” he told VOA.

Last month health officials began vaccinating 5- to 11-year-olds. According to Thailand’s Ministry of Public Health, this age group includes 5 million children in Thailand.

But Jongkaewwattana raised his concerns still, “I’m quite worried in the increasing number of children who are infected and getting sick. Those kids are not vaccinated and they are more likely afflicted by the Omicron infection compared to the fully vaccinated adults.”

The head of Bangkok’s Chulalongkorn University’s Centre of Excellence in Clinical Virology, Dr Yong Poovorawan, warned that Thailand could soon see 100,000 people test positive per day.

Jongkaewwattana believes more can be done to mitigate the risks of infection.

“I believe in the use of technology to help the vaccine to slow down the spread of the virus. I suggest the government provide test kits to people so that they can monitor their risk. The use of masks in public must be emphasized and the activities that promote virus spreading should be prohibited.”

An increase in the daily death rate could force the government into further action, he said. Thursday and Friday also saw 38 and 41 COVID-19 deaths respectively.

“The death case is now slowly rising and if the number reaches 50 or more the government may start something to bring the number down. If the number of COVID patients in the hospitals nationwide are at a certain limit, they will implement some restrictions. But I don’t see a complete lock down or curfews coming very soon.”

Thailand’s health authorities have administered approximately 122 million doses, including first, second and booster doses. The country has recorded nearly 2.8 million COVID-19 cases with nearly 23,000 deaths since the pandemic began.
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Nigeria’s real estate market has been expanding rapidly, but so has the number of people in need of housing in Africa’s most populous country. Nigeria’s Central Bank says the country has a growing deficit of at least 22 million homes.

Fashion designer Precious Nwajiaku moved to Abuja in late January in search of better opportunities. Without much money, she settled for a one-room apartment in a sandy village on the outskirts of Abuja.

She said she paid $300 for one year’s rent.

For that budget, Nwajiaku said, the house does not even have basic comforts such as water and electricity.

“You pay for water, there’s no water inside,” she said. “As you can see there’s no light, there’s nothing, there’s no good road.”

Nigeria’s real estate market grew by 3.85% in the second quarter of last year, its highest rate in six years.

Experts say cities such as Lagos and Abuja have the kind of buildings and architecture that are in high demand.

As demand for higher-priced real estate increases, though, access to affordable housing is more difficult for millions of citizens.

Nigeria’s housing disparity reflects the country’s huge economic divide.

The World Bank says 22 million people in Nigeria do not have the housing they need, the highest number in the world.

For years Nigerian authorities have been pledging to address the issue but without much result. In 2019, government officials pledged to supply 1 million affordable houses each year to help meet the demand.

Housing development advocate, Festus Adebayo said the housing programs are not keeping up with Nigeria’s population growth each year, though.

“If Nigeria is producing to the rate of 5 million every year, how many units of houses has the government or private sector produced in a year?” he said.

Adebayo runs an advocacy campaign for affordable houses and hosts an annual gathering and housing show in Abuja. The show aims to bring government and industry together to address the lack of affordable housing.

He said through the show, hundreds of citizens have been given suitable homes at affordable prices.

He warned that housing gaps will worsen by the time Nigeria’s population doubles to 400 million, as it is estimated to do by experts in 2050.

Property developer Banji Adeyemo cites several factors for the high cost of building homes.

“This is an era where foreign exchange has taken a new toll entirely and most of the construction materials have foreign input,” he said. “Governments needs to bring down the cost of land and it will reflect on the cost of production by developers for houses. Because other materials you don’t have control over them.”

Nigerian lawmakers this month began considering a bill that calls for rent to be paid monthly instead of once a year to ease the financial burden on tenants.

Experts say unless more houses are built, the gap will only widen, and millions will lack affordable shelter.
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Також регулятор заборонив банкам операції з використанням російських рублів та білоруських рублів
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«Група Світового банку в жаху від шокуючого насильства та загибелі людей в результаті подій, що розгортаються в Україні» – Девід Малпасс
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Ринок акцій РФ обвалився на тлі вторгнення Росії в Україну, яке розпочалося 24 лютого
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The shockwave from Russia’s invasion of Ukraine reverberated in the world’s financial markets Thursday.  

London’s benchmark FTSE index was down 3.3% in midday trading, while both the CAC-40 index in Paris and Frankfurt’s DAX index were 5.5% lower. 

Markets in Asia and Australia all closed in negative territory in the aftermath of Russia’s attacks on Ukraine. Tokyo’s benchmark Nikkei index lost 1.8%. The Composite in Shanghai fell 1.7%, while Hong Kong’s Hang Seng index plunged 3.2%. South Korea’s KOSPI index lost 2.6%, and the TSEC in Taiwan finished 2.5% lower. 

The Sensex in Mumbai plummeted 4.7%

Meanwhile, commodities were surging Thursday, with gold selling at $1,965.90 per ounce, up 2.9%. U.S. crude oil was selling at $99.64 per barrel, up 8.1%, and Brent crude oil soared 8.4%, selling at $105.06 per barrel, the first time it sold above the $100 mark since 2014.  

In futures trading, all three major U.S indices – the Dow Jones, S&P 500 and the Nasdaq – were trending well in negative territory ahead of the opening bell on Wall Street.

Some information for this report came from The Associated Press and Reuters.
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В Україні від сьогодні введено воєнний стан після нового вторгнення Росії
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With a library here, a power station there, China is using aid and investment to increase its presence in Central America, posing a challenge to the United States’ 2-century-old diplomatic dominance in the region.

China’s interest is driven in part by its rivalry for diplomatic recognition with Taiwan, a self-governing island which has claimed to be the legitimate government of China since the communist victory on the mainland in 1949. But Beijing is also open about its ambition to supplant the United States as the world’s dominant power.

Swayed by Beijing’s dollar diplomacy, three Central American countries — Panama, El Salvador and Nicaragua — have switched diplomatic recognition from Taiwan to China since 2017. So too has the nearby Caribbean island nation of Dominican Republic.

Costa Rica, Honduras, Guatemala and Belize round out the nations of the isthmus connecting North and South America, a region first claimed as part of the U.S. sphere of influence with the enunciation of the Monroe Doctrine in 1823.

Luis G. Solis, interim director of the Kimberly Green Latin American and Caribbean Center at Florida International University, told VOA Mandarin that the U.S. still enjoys an advantage in the region in terms of military, economic, trade, and cultural affairs.

“If these advantages are adequately handled through a proactive diplomacy and a solid developmental agenda, China’s space will be greatly diminished,” he said. “But this entails creativity, the investment of time and goodwill, and a permanent and productive dialogue on sensitive issues such as migrations, corruption and transnational organized crime.”

China’s most recent investment occurred in El Salvador, where President Nayib Bukele thanked China for funding of the country’s new national library as construction began Feb. 6.

The $40 million cultural center, located in the capital city of San Salvador, resulted from Bukele’s visit to China in 2019, according to Evan Ellis, a senior associate at the Americas Program of CSIS. The president also secured $500 million for projects including a sports stadium, a new tourist pier, improvement of its water treatment facilities as well as backing for his Surf City project to turn the country’s Pacific coast into a beach vacation destination, according to the 2021 CSIS article, China and El Salvador: An Update.

Also in 2019, El Salvador signed on with China’s controversial Belt and Road Initiative, (BRI) a global infrastructure plan consisting of a “belt” of overland corridors and a maritime “road” of shipping lanes.

Bukele’s efforts came after El Salvador severed its ties with Taiwan in 2018 under his predecessor, Salvador Sánchez Cerén, who led the fight against a U.S.-backed regime during a civil war that lasted from 1979-92.

China’s buildup in Central America has grown since management of the Panama Canal transferred from the joint U.S.-Panamanian Panama Canal Commission to the Republic of Panama in 1999, according to an article by Daniel Runde, director of the Americas Program at CSIS.

In November 1999, the Panamanian government awarded the Hong-Kong based firm Hutchison-Whampoa concessions to operate ports on both the Atlantic and Pacific sides of the canal, according to the website DialogoChino.

Since then, “Chinese companies have been heavily involved in infrastructure-related contracts in and around the canal, in Panama’s logistics, electricity, and construction sectors,” according to DialogoChino.

By 2017, Panama had shifted diplomatic relations from Taiwan to Beijing and five months later became the first country in the region to join BRI. Since then, China has invested in over 20 infrastructure projects in the country, including bridges, railways and power stations. As of January, Belize, Guatemala and Honduras are not BRI partners with China.

China’s state-back media Global Times published an opinion piece on December 13, 2021, by Pan Deng, executive director of the Latin American and Caribbean Region Law Center of China University of Political Science and Law. He suggested that the U.S. views Central American nations as “sources of cheap labor and low-end industrial raw materials, but also the dumping ground for outmoded American industries.”

The piece continued to say, “Previously, these countries had no other choices but to turn to the U.S. However, as China has developed rapidly in recent years, a reference model is being provided for how developing countries can develop from backward agricultural countries to industrialized ones while achieving long-term social stability.”

Analysts say that Beijing is using aid in various guises to persuade more Central American and Caribbean countries to establish formal relationships with the People’s Republic of China (PRC).

Benjamin Gedan, deputy director of the Wilson Center’s Latin American Program, told VOA Mandarin that Beijing has an economic agenda in Central America and the Caribbean, but the effort is driven largely by geopolitical considerations, “including its bitter rivalry with Taiwan and its desire for support in multilateral institutions.”

“Given the Chinese Communist Party’s intense focus on isolating Taiwan, it is likely to continue investing in Central America and the Caribbean. After all, Beijing likely sees these countries as relatively cheap to buy off, and it has enjoyed a string of diplomatic victories,” Gedan added.

Another goal for China’s efforts in the region is to expand the BRI to Central America, as a push to play a bigger role on the global stage.

In December 2021, Cuba became the latest country to join China’s Belt and Road initiative. Jamaica joined in 2019, as did six other island nations in the Caribbean, and Costa Rica joined in 2018.

China has also increased its investment in natural resources in Central America and the Caribbean Basin. According to the Congressional Research Service, in 2020, China’s imports from Latin America and Caribbean countries amounted to $165 billion, consisting primarily of natural resources, such as ores (35%), mineral fuels (12%) and copper (6%).

Rebecca Ray, a senior academic researcher at the Boston University Global Development Policy Center, told VOA Mandarin that she’s not surprised to see China’s interest in infrastructure cooperation with Central America and productive investments in the Caribbean.

She pointed out that the Central American region has suffered from weak economic growth for decades. It is also vulnerable to climate change, which is bringing more natural disasters to low-lying islands and coastal areas. As a result, according to Ray, these countries have a greater need for new inbound investment.

“At the same time, Western investors have not shown interest in starting new projects or being exposed to developing country economies during the COVID-19 pandemic. Thus, any new potential source of investment will naturally be taken seriously,” she added.

Despite the need for infrastructure investment in Central America and the Caribbean, the biggest obstacle to maintaining economic growth may be poor governance, according to online magazine Dialogo.

“Partnership with China might bring in new foreign investments, but it only deepens governance challenges, given China’s disinterest in corruption, its lack of transparency, and its export of technologies that enable Central American governments to curtail civil liberties,” said Gedan.

Microsoft said in December 2021 that it believed Beijing-backed hackers were targeting organizations in both the private and public sectors in five Central American nations: Dominican Republic, Ecuador, El Salvador, Honduras, and Panama.
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Гривня в столичних обмінниках сьогодні зранку ослабла до 30,05 грн/дол. Користувачі мереж повідомляють, що помітили черги біля банкоматів у багатьох містах
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The use of wind to generate electricity for the United States was thrust forward Wednesday with the largest-ever offering by the federal government of offshore development rights.

Bidding for the 197,000 hectares of the New York Bight — an area of shallow waters between the coasts of Long Island (in New York state) and the state of New Jersey — attracted record-setting prices, according to the federal Bureau of Ocean Energy Management.

“This auction today is a testament to how attractive the U.S. market is,” said Fred Zalcman, director of the New York Offshore Wind Alliance.

Europe is much further along than North America in developing lease areas for offshore wind farms.

There are two small offshore wind facilities in the United States off the coasts of the states of Rhode Island and Virginia. Two more commercial-scale projects were recently approved for development.

“We’re really just at the beginning of a process here. We hope to apply the lessons learned from Europe and take advantage of the cost savings achieved in Europe,” Zalcman told VOA.

Officials say turbines erected in the set of six leases that went up for bidding Wednesday, the first auction conducted during the administration of U.S. President Joe Biden, could eventually provide power for nearly 2 million residences.

Wednesday’s top bids totaled more than $1.5 billion. The largest single lease area offered — totaling nearly 51,000 hectares and located about 50 kilometers off the New Jersey coast — had attracted a record-busting $410 million, with bidding to resume Thursday morning.

The previous auction was held in 2018 during the administration of former President Donald Trump. It was considered a success, with three leases off the coast of the state of Massachusetts bringing in a collective record-breaking $405 million for rights to develop 158,000 hectares south of Martha’s Vineyard, with a potential generating capacity of more than 4.1 gigawatts, enough to supply power to about 1.5 million homes.

Trump, a Republican, repeatedly expressed, at best, skepticism toward wind as a viable renewable source to supply America’s energy needs. He derided “windmills,” saying he had been told the noise from their blades “causes cancer” and “it’s like a graveyard for birds.”

Biden, a Democrat, has veered in a different direction, embracing wind as part of his clean energy ambitions and setting a goal of 30 gigawatts of capacity in the United States by the year 2030.

In his first week in office in 2021, Biden signed an executive order to expand opportunities for the offshore wind industry, predicting, according to the White House, the projects “will create good-paying union jobs” and “spawn new supply chains that stretch into America’s heartland.”

The area included in the ongoing auction, which began with 25 qualified bidders, was cut back by about one-fourth from what was initially proposed last year due to concerns about the potential impact on commercial fishing and military interests.

State and federal officials, according to Zalcman, have been addressing concerns of other ocean users, including recreational and commercial fishers, navigators and the shipping industry, and taking into consideration visual impacts to coastal communities, and concerns of environmental groups about migratory species, such as the North Atlantic right whale.

A group of residents of the New Jersey summer colony of Long Beach last month sued BOEM over the New York Bight leasing plans, contending the massive wind farm would permanently mar their beautiful view from the beach, hurt the area’s tourism economy and harm property values.

Bob Stern, the president of Save Long Beach Island, told VOA on Wednesday that the organization “is not opposed to offshore wind energy but believes that the federal government’s process of selecting ocean areas for turbine placement is flawed.”

Stern explained that the group’s lawsuit challenges the federal government agency’s selection of “wind energy areas” for offshore wind turbines which “should have been preceded and supported by a structured regional environmental impact statement process with full disclosure of impacts and public input.”

The Sierra Club is terming the New York Bight auction a historic major stride forward for clean energy.

“This lease sale is the first to include stipulations setting out responsibilities for project developers to report on their engagement with stakeholders to minimize conflicting uses, negotiation of project labor agreements, and the development of offshore wind-related manufacturing and supply chain services,” said Allison Considine, a senior campaign representative of the national environmental organization.

A preeminent concern is ensuring that these projects are done responsibly, said Zalcman of the New York Offshore Wind Alliance, of which the Sierra Club is a member.

How developers configure the wind farms will be subject to another rigorous round of environmental review before they are able to erect the huge structures.
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