Monday, 16 May, 2022
TopicBali

Topic: Bali

Bye-bye Bali, hello Bondi. Grounded Australians holiday at home

With the international border closed, people who head overseas are being forced to vacation at home. It has increased domestic consumption, helping lift Australia out of recession.

Bali’s surge in cases linked to antibody tests, toll on ‘long-haulers’ and other Covid news

As the Covid-19 pandemic shows no signs of letting up, ThePrint highlights the most important stories on the crisis from across the globe.

With virus hammering tourism, Bali’s hotels are up for sale and going cheap

Balangan Wave, a 50-villa resort under construction, has already hit the market, and developer Michael Halim has slashed his asking price to $9 million from $17 million in May.

How Bali, a tourist hotspot, escaped becoming a virus hotspot

The island with a population of 4.2 million has reported just four virus-related deaths and 337 confirmed cases for a fatality rate of 1.2%.

Bali beaches, Bangkok temples go quiet as Chinese tourists stay home

The abrupt decline of Chinese travellers is becoming a painful lesson for nations such as Thailand & Indonesia that had become dependent on them.

No coherent strategy in sight as guardians of global economy meet in Bali this week

Global finance chiefs meet for IMF & World Bank meetings without firepower of 2008 & with era of coordination looking like an anomaly.

On Camera

YourTurn

Bad timing could hamper LIC IPO

Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.

Defence

Representational image of army personnel in Ladakh | ANI

India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite

Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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