May 25, 2021
Taiwan is being squeezed by a resurgent coronavirus on one side and a yearlong drought that is disrupting agriculture, industry and power supplies on the other. Only one of those forces is likely to go away.
The dual stresses can be seen at home in sliding stocks, power and water shortages, and abroad as Taiwan’s chipmakers struggle to fill a global deficit of semiconductors. While the government works to rein in the COVID-19 outbreak, the water and energy strains highlight longer-term challenges from the island’s unusual vulnerability to climate change.
“In the medium term, energy and water are indeed the key factors for Taiwan, not only for food security but also for capturing the opportunities of a growing semiconductor industry and related investment,” said Gary Ng, an economist at Natixis.
Statistics Finland
Employment improved in April compared to one year ago
According to Statistics Finland’s Labour
Force Survey, the number of employed people was 29,000 higher in
April 2021 than one year ago. There were 30,000 more unemployed
persons than in April 2020. The trend of the employment rate was
71.3 per cent and the trend of the unemployment rate was 7.6 per
cent.
Employment rate and trend of employment rate
2011/04–2021/04, persons aged 15–64
Employment and unemployment vary quite much by month and the
change from the observation of the previous month mainly describes
the seasonal aspect rather than the trend in development. Thus, the
latest statistical data are compared to the corresponding period of
Power cuts show smart meters are necessary
By Pan Han-shen 潘翰聲
Power outages on May 13 were blamed on human error, while cuts on Monday last week were attributed to an issue with scheduled maintenance work carried out by Taiwan Power Co (Taipower).
The regional power cuts on both days affected generators C and D at the Singda Power Plant (興達電廠) in Kaohsiung’s Yongan District (永安), leading to complaints of unfairness from the public, who were unhappy that the company gave priority to uninterrupted power supply for industries.
Even though Taipower discounted electricity bills of consumers affected by the outages, many found the events unacceptable.
The Estonian Transport Administration is sending a recommendation to all airlines to avoid Belarusian airspace and make changes to flight schedules accordingly.
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