Thaland's National Economic and Social Development Council (NESDC) reckoned that the Thai economy can be affected by three scenarios taking into account the ongoing Russia-Ukraine war and other geopolitical conflicts.
Bangkok (VNA) - Thailand's National Economic and Social Development Council (NESDC) reckoned that the Thaieconomy can be affected by three scenarios taking into account the ongoingRussia-Ukraine war and other geopolitical conflicts.
NESDCDeputy Secretary General Wichayayuth Boonchit said the first and most probablescenario is that if the Russia-Ukraine war continues but the global oil supply isnot affected by sanctions against Russia, Thailand’s economyshould expand between 2.5 and 3.5% this year.
In thesecond but less probable scenario, he said the Thai economy will grow lessthan expected in 2022-2023 if more sanctions are slapped on Russia. This willresult in a surge in the global price of oil and other products.
Thethird and worst scenario is that if a conflict is sparked between the US and China.Wichayayuth said this conflict will spark a global economic recession dependingon the intensity of this and other geopolitical conflicts.
Meanwhile, the JointStanding Committee on Commerce, Industry and Banking predicted that theThai economy will grow by 2.75 – 3.5% this year on the back of rising exports,tourist ꦛarrivals and Government support./.
The Bangkok Post on August 12 cited a source saying that former President of Sri Lanka Gotabaya Rajapaksa is staying at a hotel in downtown Bangkok and advised to limit going out due to security reason.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
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Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
Illustrative image (Photo: AFP/VNA) 
