Republished with full copyright permissions from The Washington Daily Chronicle. Pita Limjaroenrat, the 42-year-old former tech executive and leader of Thailand’s Move Forward Party, may have lost his bid to become Prime Minister, but his impact on Thai politics cannot be understated. With a radical manifesto seeking to challenge the nation’s elite power nexus, Pita…

Republished with full copyright permissions from The San Francisco Press. 1. Hedge Fund Basis Trade Presents Potential Risks: According to a recent Bloomberg report, data suggests that hedge funds are increasingly involved in the Treasury cash-futures basis trade. Researchers have stated that the need to unwind such trades during the onset of the pandemic contributed…

Republished with full copyright permissions from The Washington Daily Chronicle. Recently, soldiers from the United States, Indonesia, and several other nations commenced the annual Super Garuda Shield training exercises in Baluran, East Java province. As tensions intensify in the region due to China’s increasing aggression, this multinational joint exercise serves as a powerful demonstration of…

Republished with full copyright permissions from The Washington Daily Chronicle. In a devastating incident that unfolded recently in Johannesburg, South Africa’s largest city, a horrifying fire engulfed a dilapidated five-story building, leaving behind a horrific death toll. As emergency services are still uncovering the full scale of the tragedy, initial reports indicate that at least…

Republished with full copyright permissions from The San Francisco Press. The recent regulatory actions aimed at ensuring the safeguarding of deposited funds have posed significant challenges for mid-sized lenders already grappling with an existential crisis. Federal banking regulators remain resolute in their determination to prevent a repeat of the complexities faced while ensuring the security…

Republished with full copyright permissions from The Washington Daily Chronicle. Mutinous soldiers in Gabon have launched a coup to overturn the results of a presidential election. They claim to have successfully arrested President Ali Bongo Ondimba, whose family has ruled the country for over five decades. The coup attempt follows a controversial election marred by…