The Latest Breaking News from Treasury Department

GSB ready to assist THAI, Oil Fuel Fund

The Government Savings Bank (GSB) stands ready to extend loans to Thai Airways International (THAI) and the Oil Fuel Fund to boost their liquidity if the government adopts a policy for it to do so, said GSB chairman Prapas Kong-Ied.

Bangkok Post · May 23, 2022

Bitcoin and crypto prices are extremely volatile ⁠— What to do when they’re crashing

If there’s one word that describes Bitcoin and cryptocurrency, it’s volatile. Crypto prices soar and then seem to crash almost as quickly, while rumors, sentiment and fundamental developments are quickly factored into the market. Even seemingly reliable stablecoin TerraUSD has plunged as concerns quickly developed about its solvency, and the…

Tribune News Service · May 23, 2022

Fed nominee Michael Barr calls inflation 'far too high'

President Joe Biden’s pick to be the Federal Reserve’s top banking regulator pledged Thursday to help reduce high inflation and provide clear rules to govern financial innovation

The Independent UK · May 19, 2022

US sanctions alleged IS child trafficking financiers

The U.S. announced Monday it is imposing financial penalties on five people accused of fundraising for the Islamic State group and using the funds to help traffic children to serve as fighters for the organization

The Independent UK · May 9, 2022

A treacherous lot

The next few months could be the most politically treacherous time for Prime Minister Prayut Chan-o-cha although toppling him and cutting short the life of his administration may be easier said than done.

Bangkok Post · May 7, 2022

Politics in the pipeline?

A ruckus over the bidding concession for a 25.6-billion-baht water pipeline project in the eastern region has become the latest setback for the government. Yet, the issue needs a clear mind for it to be best resolved.

Bangkok Post · May 6, 2022

Opposition applies heat over eastern pipeline bid

Pheu Thai Party says it will make transparency a key issue during a no-confidence debate expected in July in relation to the bidding for a major water project in the country's eastern region.

Bangkok Post · May 5, 2022

Kyiv's envoy backs using frozen Russian state assets to rebuild Ukraine - Roll Call

The government of Ukraine backs the United States seizing frozen Russian government assets and using them to rebuild the country.

Roll Call · May 5, 2022

Eviction filings are up sharply as pandemic rental aid starts to run out

The federal rental aid program expects to distribute the rest of its money by mid-summer. Some cities have already run out of funding, pushing eviction filings higher than before the pandemic.

WEKU · May 4, 2022

Lawyer leading case against Daniel Kinahan wants €19m payout in light of US sanctions

“Obviously things have changed so we’re going to be looking for a significant amount more of money,” he said

Irish Mirror · May 2, 2022