A decision by the Paris Court of Appeal to uphold an enforcement order of an award issued against the Democratic Republic of the Congo and its national electricity company marks the latest twist in a near quarter-century dispute – and highlights the interaction between the New York Convention and French arbitration law.
Trump’s 100% tariff threat alarms India’s film industry over diaspora market
US President Donald Trump’s threat to impose a 100 per cent tariff on foreign films has raised alarm in India’s industry from Bollywood to Tollywood, even as it is struggling to lure audiences back to cinemas and facing shrinking revenues from online platforms, according to analysts.
In a social media post on Tuesday, echoing a similar threat in May, Trump alleged that Hollywood had been “stolen’’ from the US and declared: “I will be imposing a 100 per cent tariff on any and all movies that are…
Trump-led venture lauds USD1 stablecoin’s potential for ‘dollarising the world’
World Liberty Financial, a venture backed by the family of US President Donald Trump, took centre stage on Wednesday at the world’s largest cryptocurrency event in Singapore, as Trump’s eldest son and his business partner promoted the firm’s USD1 stablecoin and its potential for “dollarising the world”.
At Token2049, World Liberty Financial co-founders Donald Trump Jnr and Zach Witkoff, who serves as CEO, received rock star treatment from a cheering audience, as they touted the success of USD1,…
New town plans for England narrow as 12-site shortlist revealed
Plans for at least three new towns to be built in England within the next five years have been hailed for their diverse and “sensible” approach by experts.
Unrest in Philippine military? Ire of old guard could spell trouble for Marcos
Philippine President Ferdinand Marcos Jnr is facing growing unrest from retired generals, with some veterans even urging active commanders to withdraw support for the president, according to multiple senior military sources.
At the centre of the discontent are two flashpoints: allegations that billions of Philippine pesos have been lost to fictitious flood-control projects and proposed pension changes that former officers say would leave them worse off than their civilian counterparts.
The…
‘Startling’: EU accused of sacrificing forests for trade deal with Indonesia
Barely had the ink dried on a long-awaited trade pact between the European Union and Indonesia before Brussels proposed another one-year delay to its long-awaited anti-deforestation law.
The move drew fierce criticism from environmental groups, who see the move as a capitulation to global trade interests.
On September 23, the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA), set to take effect in 2027, was concluded after nearly a decade of negotiation.
The…
EU investigation opened into software support practices
The European Commission is investigating whether SAP may have infringed EU competition laws over practices that it is concerned could unfairly restrict business customers from taking advantage of rival maintenance and support services for certain software SAP supplies.
UK’s new right to work digital ID scheme will be ‘challenging’
Plans for a new mandatory digital ID card in the UK aimed at cutting down illegal working will prove ‘extremely challenging’ to implement, an expert has warned.
Singapore population hits record 6.11 million as foreign worker numbers rise
Singapore’s population has reached a record 6.11 million, driven by a rise in foreign workers and new arrivals, even as data points to deeper demographic pressures, including a rapidly ageing society and persistently low birth rates.
The 1.2 per cent year-on-year rise in total population was mainly driven by the non-resident segment, which grew 2.7 per cent to 1.91 million, up from 1.86 million in June 2024.
The increase was due largely to more work permit holders and foreign domestic workers,…
Why China should lead commission for a phased Rohingya repatriation
The Rohingya people have endured one of the world’s most protracted, yet least visible, humanitarian crises. Nearly one million Rohingya refugees live in what were supposed to be temporary camps in Bangladesh’s Cox’s Bazar. They still have little prospect of returning to Myanmar’s Rakhine state.
But at a recent conference in Dhaka, the Rohingya people were, for the first time, given a voice. Their message was clear: they do not want more aid. They need to go home. China is well placed to help…
