United States
US Embassy in Bangkok issues warning message, suspends visa services
The U.S. Embassy in Bangkok, Thailand has been informed by the Royal Thai Police that a demonstration involving several hundred people is planned on Wireless Road in front of the Embassy beginning between 1 PM and 2 PM on Tuesday, September 18.
The U.S. Embassy in Bangkok, Thailand has been informed by the Royal Thai Police that a demonstration involving several hundred people is planned on Wireless Road in front of the Embassy beginning between 1 PM and 2 PM on Tuesday, September 18.
Demonstrators will assemble at Lumpini Park and march to the Embassy. The large number of demonstrators is expected to disrupt traffic in the area.
Consequently, the Embassy will be closing to the public at noon and non-essential personnel will be sent home. Visa and citizen services appointments scheduled for the afternoon of September 18 are being cancelled and rescheduled for later dates.
via Security Message to U.S. Citizens | Embassy of the United States Bangkok, Thailand.
Compounding the fallout of the US–China trade war, the global pandemic and recession have caused considerable speculation on the future of foreign investment and global value chains (GVCs). But though there is likely to be some permanent change, it will probably not be as great as politicians expect.
Banking
How higher US bond yields will impact Asia Pacific bonds
As financial markets started pricing in stronger US economic growth and inflation because of Joe Biden’s stimulus plan, US bond yields have risen, causing ripple effects across the world, including in APAC.
Following the rise in US bond yields in response to Joe Biden’s stimulus plan and amid higher inflation in some economies, Asia Pacific bond yields have risen significantly as well, especially in Southeast Asia, India, Hong Kong, and Australia. However, Northeast Asian bond yields have risen little.
Opinion
Biden recalibrates Trump’s approach to East Asia
Donald Trump seriously degraded the United States’ role in the region, helping Beijing to escalate the most hostile and confrontational US–China relationship in 50 years.
President Joe Biden has much repair and restoration work to do in East Asia. Donald Trump seriously degraded the United States’ role in the region, helping Beijing to escalate the most hostile and confrontational US–China relationship in 50 years.
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