Politics
7.7 magnitude earthquake rocks Thailand and Myanmar – National TenX News
A 7.7 magnitude earthquake rocked Thailand and neighbouring Myanmar midday on Friday, killing at least three people in Bangkok and burying dozens when a high-rise building under construction collapsed, and prompting Myanmar to declare a widespread state of emergency.
The midday temblor with an epicenter near Mandalay, Myanmar’s second largest city, was followed by a strong 6.4 magnitude aftershock.
Myanmar’s military-run government declared a state of emergency in six regions and states including the capital Naypyitaw and Mandalay, but with the country in the midst of a prolonged bloody civil war it was not clear how help would get to many regions.
The Red Cross said downed power lines are adding to challenges for their teams trying to reach Mandalay and Sagaing regions and southern Shan state.
“Initial reports from the ground suggest the earthquake has caused significant damage,” the Red Cross said. “Information on humanitarian needs is still being gathered.”
Crane-topped building collapsed in a cloud of dust
In Bangkok, a construction worker was killed when rubble from the collapsing building site hit his truck and another was crushed by the falling debris, rescue worker Songwut Wangpon told reporters.
Defense Minister Phumtham Wechayachai said in all three people were killed at the site and 90 are missing. He offered no more details about the ongoing rescue efforts but first responders said that seven people had been rescued so far from outside the collapsed building.
Rescue workers say the rubble is still too unstable for them to try and find people possibly trapped beneath.
A dramatic video of the building’s collapse near Bangkok’s popular Chatuchak market circulated on social media showed the multi-story building with a crane on top toppling into a cloud of dust, while onlookers screamed and ran.
Elsewhere, people in Bangkok evacuated from their buildings were cautioned to stay outside in case there were more aftershocks.
The U.S. Geological Survey and Germany’s GFZ center for geosciences said the earthquake was a shallow 10 kilometers (6.2 miles), according to preliminary reports.
Screaming and panic as buildings swayed
The sound of sirens echoed throughout central Bangkok and vehicles filled the street, leaving some of the city’s already congested streets gridlocked. The elevated rapid transit system and subway were shut down.
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City hall declared the city a disaster area to facilitate interagency aid and emergency help. The greater Bangkok area is home to more than 17 million people, many of whom live in high-rise apartments.
April Kanichawanakul, who works in an office building in Bangkok’s city center, at first didn’t even realize it was an earthquake, the first she’d ever experienced. “I just thought I was dizzy,” she said.
She and her colleagues ran downstairs from the tenth floor of their building, Tonson Tower, and waited outside for a signal that it was safe to go back in.
“All of a sudden the whole building began to move. Immediately there was screaming and a lot of panic,” said Fraser Morton, a tourist from Scotland, who was in one of Bangkok’s many malls shopping for camera equipment.
“I just started walking calmly at first but then the building started really moving, yeah, a lot of screaming, a lot of panic, people running the wrong way down the escalators, lots of banging and crashing inside the mall.”
A woman reacts as she watches rescuers at the site of a high-rise building under construction that collapsed after a 7.7 magnitude earthquake in Bangkok, Thailand, Friday, March 28, 2025.
AP Photo/Wason Wanichakorn
Like Morton, thousands of people poured into Benjasiri Park from nearby shopping malls, high rises and apartment buildings along Bangkok’s busy Sukhumvit Road.
Many were on phones trying to reach loved ones as others sought shade from the hot early afternoon sun. Others stared up fearfully at the tall buildings in the densely packed part of the city.
“I got outside and then looked up at the building and the whole building was moving, dust and debris, it was pretty intense,” Morton said. “Lots of chaos.”
Voranoot Thirawat, a lawyer working in central Bangkok, said her first indication that something was wrong came when she saw a light swinging back and forth. Then she heard the building creaking as it moved back and forth from the shockwaves.
She and her colleagues ran down 12 flights of stairs. “In my lifetime, there was no earthquake like this in Bangkok,” she said.
Paul Vincent, a tourist visiting from England, was at a streetside bar when the quake struck.
“The next thing, everybody came on the street, so there was a lot of screaming and panicking, which obviously made it a lot worse,” he said.
As he came onto the street himself, he said he saw a high-rise building swaying and water falling from a rooftop pool.
“When I saw the building, oh my God, that’s when … it hit me,” he said. “There was people crying in the streets and, you know, the panic was horrendous really.”
People wait to be told it is safe to go back inside the Sathorn Gardens condominium building after an earthquake in Bangkok, Friday, March 28, 2025.
AP Photo/Brian P. D. Hannon
Bridge collapses in Myanmar and injuries reported in China
In Mandalay, Myanmar’s second-largest city and close to the epicenter, the earthquake damaged part of the former royal palace and buildings, according to videos and photos released on Facebook social media.
While the area is prone to earthquakes, it is generally sparsely populated, and most houses are low-rise structures.
In the Sagaing region just southwest of Mandalay, a 90-year-old bridge collapsed, and some sections of the highway connecting Mandalay and Myanmar’s largest city, Yangon, were also damaged.
Residents in Yangon rushed out of their homes when the quake struck. There were no immediate reports of injuries or deaths.
In the capital Naypyitaw, the quake damaged religious shrines, sending parts toppling to the ground, and some homes.
To the northeast, the earthquake was felt in Yunnan and Sichuan provinces in China and caused damage to houses and injuries in the city of Ruili on the border with Myanmar, according to Chinese media reports.
Rescuers walk at the site of a high-rise building under construction that collapsed after a 7.7 magnitude earthquake in Bangkok, Thailand, Friday, March 28, 2025.
AP Photo/Sakchai Lalit
Videos that one outlet said it had received from a person in Ruili showed building debris littering a street and a person being wheeled in a stretcher toward an ambulance.
The shaking in Mangshi, a Chinese city about 100 kilometers (60 miles) northeast of Ruili, was so strong that people couldn’t stand, one resident told The Paper, an online media outlet.
A resident of Kunming, the provincial capital of Yunnan, told The Paper that her ceiling lamp was swinging wildly and the shaking lasted more than 10 seconds.
Thailand’s Department of Disaster Prevention said the quake was felt in almost all regions of the country.
Prime Minister Paetongtarn Shinawatra called an emergency meeting to assess the impact of the quake.
Adam Schreck, Haruka Naga, Jerry Harmer, Grant Peck and Penny Wang in Bangkok, Jamey Keaten in Geneva and Ken Moritsugu in Beijing contributed to this report.
Politics
IMF chief backs Jerome Powell, U.S. Fed independence amid Trump pressure – National TenX News
International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind beleaguered Federal Reserve Chair Jerome Powell, who is facing a Trump administration investigation for renovation cost overruns.
Georgieva told Reuters in an interview that there was ample evidence that central bank independence worked in the interest of businesses and households, and that evidence-based, data-based decision-making is good for the economy.
The IMF managing director said she had worked with Powell and respected his professionalism.
“I have worked with Jay Powell. He is a very good professional, very decent man, and I think that his standing among his colleagues tells the story,” she said, when asked about a letter of support signed by her predecessor, Christine Lagarde, now head of the European Central Bank, and other large central banks.
Powell on Sunday disclosed that the Trump administration had opened an investigation into him over cost overruns for a $2.5 billion project to renovate two historical buildings at the Fed’s Washington headquarters complex.
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Powell denies wrongdoing and has called the unprecedented actions a pretext to put pressure on him for not bowing to U.S. President Donald Trump’s long-running demands for sharply lower interest rates.
The probe has sparked widespread criticism from some key members of Trump’s Republican Party in the U.S. Senate, which must confirm his nominee to succeed Powell, along with foreign economic officials, investors and former U.S. government officials from both political parties.
Trump has repeatedly derided Powell’s leadership of the Fed and attacked him, often personally, over what he sees as the Fed chair’s slow moves to cut interest rates. On Wednesday, he dismissed concerns that eroding central bank independence would undermine the value of the U.S. dollar and spark inflation, telling Reuters, “I don’t care.”
Georgieva said the IMF looked carefully at issues such as monetary and financial stability, as well as the strength of a country’s institutions. It was specifically interested in the Fed, given the role of the U.S. dollar as a reserve currency.
“It would be very good to see that there is a recognition … that the Fed is precious for the Americans. It is very important for the rest of the world,” she said.
Trump has also attempted to fire another Fed official, Governor Lisa Cook, who has challenged her termination in a legal case that will be argued before the Supreme Court next week.
B.C. Premier David Eby spoke to reporters on Thursday morning from Mumbai, India, during his six-day trade mission.
He said that mining and energy companies in India are showing an interest in B.C.
“They are looking strongly to LNG as one of their ways of reducing carbon intensity, as well as reducing smog in the country,” Eby said.
“And so B.C. LNG has been an item of considerable interest, especially the projects that are reaching final investment decision over the next year — LNG Canada Phase 2, KSI Lisims LNG — as well as the projects that are under construction like Woodfibre LNG.”
Eby was also asked about the rise in extortion cases in B.C.
He said the province’s extortion task force will provide an update next week.
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“We have assembled a remarkable and historic task force, RCMP, CBSA,” Eby said.
“There are more police in Surrey right now than there have ever been. The RCMP has surged resources into the community.”
Eby said he has not been happy with the fact that there has been no update from the task force and he has asked them to provide one.
“There have been some important developments, people deported, an arrest here in India, cooperation between the Indian government and the Canadian government on this at the law enforcement level,” he added.
“That needs to continue, but, bluntly, we need better results, we need to see more arrests and whatever we can do to support the police to get the job done, we will do so.”
As of Jan. 12, Surrey police said there have been 16 reported extortion incidents in the city since the beginning of the year.
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Amid persistent doubts over the future of the Canada-United States-Mexico trade agreement (CUSMA), Mexico’s Economy Minister Marcelo Ebrard insisted on Thursday that the agreement remains firmly intact and that the three countries will close a deal to extend it.
“We’re already in the treaty review phase, and we have to finish by July 1; that’s our deadline,” Ebrard said during Mexican President Claudia Sheinbaum’s daily morning press conference.
“We have made good progress on all the points that concern each of the parties.”
Ebrard’s comments were his first on the topic since U.S. President Donald Trump again cast doubt on the treaty’s future earlier this week.
“There’s no real advantage to it, it’s irrelevant,” Trump said on Tuesday, as he toured a Ford factory in Dearborn, Michigan.
The trilateral trade agreement, known as USMCA, replaced the North American Free Trade Agreement in 2020 and is a backbone of Mexico’s economy.
The treaty, which was negotiated during Trump’s first term, requires the three countries to hold a joint review this year to extend the pact.
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If extended, the treaty will remain in place another 16 years. If not, it is subject to annual reviews.
Technically, July 1 is a key date in the treaty’s review process, but many analysts expect negotiations to extend late into 2026 and said Trump will likely avoid extending the treaty before the U.S. midterm elections in November.
Trump’s recent threats to pursue military action against cartels have also added a new layer of uncertainty to U.S.-Mexico relations.
“I think Ebrard is betting on a best-case scenario, but the window for a July successful review is closing fast,” said Alexia Bautista, a former Mexican diplomat and lead Mexico analyst at the political risk consultancy firm Horizon Engage.
“Given recent events and statements, the risk is that Trump injects security into the process, turning the trade review into a far more political negotiation.”
Pedro Casas, chief executive of the American Chamber of Commerce of Mexico, said he expects the U.S. will continue imposing tariffs on a wide spectrum of Mexican exports, regardless of the treaty’s future.
The Trump administration has imposed sweeping 50 per cent duties on steel and aluminum exports to the U.S., along with a 25 per cent tariff on cars shipped from Mexico, even when those vehicles comply with the terms of the trade deal.
“I think the most likely scenario is a positive review process where we agree to extend the treaty for another 16 years, but steep tariffs still remain on Mexican exports that undermine the strength of the agreement,” Casas said.
IMF chief backs Jerome Powell, U.S. Fed independence amid Trump pressure – National TenX News
B.C. Premier David Eby says province’s LNG, mining of interest to India TenX News
Mexico confident CUSMA will remain as Trump suggests it could expire – National TenX News
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