Tensions in the Middle East will affect energy prices and impact countries far away, like Singapore: SM Lee
CNA
The overall climate of uncertainty created by these “dramatic twists and turns” will dampen the global mood for trade and investment, says Senior Minister Lee Hsien Loong.
SINGAPORE: The tensions in the Middle East will affect energy prices and impact countries far away, such as Singapore, Senior Minister Lee Hsien Loong said on Saturday (Feb 28).
“Today, Israel and the US together attacked Iran, jointly. The war has begun, Iran has struck back," he said, adding that it would be hard to tell how the war would end.
For weeks, tensions between the US and Iran have been building up, and the US has assembled a “huge military force” in the Middle East, he said.
Mr Lee also pointed to the tariffs imposed by the US administration, which in the past week were ruled illegal by the US Supreme Court.
The US administration invoked another instrument to impose a flat 10 per cent tariff on all countries, and US President Donald Trump changed his mind within a day and raised this to 15 per cent. However, the official US rate is currently still 10 per cent.
Six athletes were selected for the 2023 SEA Games finswimming events based on the falsified results.
More than 200 Singaporeans and their dependents arrived at Changi Airport on Wednesday morning.
One passenger paid just over US$30,000 for a one-way flight for two people and four cats from Singapore to Hong Kong.
The 59-year-old will also be charged with defamation and attempting to promote ill will between racial groups.
Police were alerted to a fight involving the two men along Lorong 16 Geylang at about 8.15am on Monday.
Unrelated trades are not allowed at these spaces as they are meant as an extension of the existing shops’ operations.
As a small and open economy, Singapore is exposed to global energy price shocks, analysts said.
A second repatriation flight from Saudi Arabia is being planned for Mar 12.
From a high of RM3.55 to RM3.10 against the Singapore dollar, the ringgit's rally has been swift – and analysts say it may not be done.
Man behind Quran-stepping video likely convicted for similar acts, may be mentally unwell: Shanmugam
The man is overseas now and the police will interview him when he returns, Home Affairs Minister K Shanmugam says.
Youths are getting radicalised faster and subscribing to a more diverse range of extremist ideologies, the Internal Security Department said.
More than 150 Singaporeans and their dependents touched down on Saturday night (Mar 7) on the first repatriation flight from Muscat, Oman.
The flight is expected to take place between Mar 10 and Mar 12.