A strong earthquake that recently hit Thailand is expected to have only a temporary effect on the country’s economy, with the government maintaining its growth forecast of 3% for the year, Deputy Finance Minister Julapun Amornvivat said on Tuesday.
A strong earthquake that struck Thailand last week, causing damage in several areas, is expected to have only a short-term impact on the country’s economy, according to Deputy Finance Minister Julapun Amornvivat. Despite the disruption, Thailand's growth forecast for this year remains at 3%.
Amornvivat stated on Tuesday that the government is still evaluating the extent of the earthquake’s effects. However, he reassured that the administration is prepared to implement support measures if necessary to mitigate any significant economic setbacks. The government’s swift response aims to ensure that the earthquake’s impact on growth will be minimal.
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President Donald Trump toured flood-hit areas in Texas and expanded federal disaster assistance to eight more counties.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
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