Archive for November 2021
Erdogan Becoming a Liability for Turkey
Last month Turkey made it into the grey list of the Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog headquartered in Paris. Turkey now joins its close ally Pakistan in FATF’s crosshairs. Surprisingly Turkey becomes the largest economy to be included in this list. The FATF listing for Ankara comes on the…
Read More[ The Korea Times ] Korea, Indonesia reaches final agreement over KF-X project
Source: https://wwwa.koreatimes.co.kr/www/nation/2021/11/205_318635.html The militaries of South Korea and Indonesia have reached a final agreement on the cost-sharing for their joint fighter development project called the KF-X (Korean Fighter eXperimental) here and the IF-X in Indonesia. The Korean Defense Acquisition Program Administration (DAPA) announced Thursday that it had reached an agreement with the Indonesian defense ministry…
Read More[ Taiwan News ] 32 countries to remove China from preferential tariff treatment on Dec. 1
China Customs says 32 countries will no longer provide preferential tariff treatment to the world’s largest exporter from Dec. 1, and an economic expert says labor-intensive businesses will bear the brunt of the development. According to a statement recently issued by the General Administration of Customs of China (GACC), 32 countries will remove China from…
Read More[ CNA ] Tougher competition but Singapore will take it in stride: PM Lee on G20’s corporate tax deal
“I think it is an effort by countries to come together to be able to have a united front in improving the bargaining position against companies which have very considerable pulling power,” he said. “I think I can understand what they are trying to do, but I think the dynamic will not fundamentally change and…
Read MoreWorker’s Party of Singapore reputation damaged by revelation of MP lying in Parliament
Raeesah Khan, Worker’s Party of Singapore Member for Parliament (MP) for Sengkang GRC had admitted to lying to the parliament on 3 separate occasions, on an issue she raised herself that she was later unable to substantiate. This unprecedented incident of dishonesty at the highest level of political forum had shocked Singaporeans and many questions…
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