By Robin Brant BBC News, Kuala Lumpur Abdullah Badawi said he had not been forced out. When I asked him if he regretted being pushed, he gestured to the man sitting beside him, his deputy and heir Najib Razak, and to the other politicians around him from the ruling coalition. He said: “Ask them if [...]
KOLKATA/IMPHAL: Five tribal girls from Manipur, who had been trafficked to Malaysia via Kolkata earlier this year, were rescued and brought back to the city late on Friday evening. An international agency that helped in the repatriation said the kingpin of the racket had trafficked girls from Kolkata as well as all major towns in [...]
By JEANNINE AVERSA, AP Economics WriterWed Oct 8, 12:04 PM ET The world economy will slow sharply this year and next, with the United States likely sliding into recession reflecting mounting damage from the most dangerous financial jolt in more than a half-century. The International Monetary Fund, in a World Economic Outlook released Wednesday, slashed [...]
Source : Malaysiakini ( http://www.malaysiakini.com/news/91024) A retired senior police officer who probed the infamous ‘black eye’ incident involving Anwar Ibrahim in 1998 has made startling claims on how attorney-general (AG) Abdul Gani Patail allegedly tampered with evidence in the case. MCPX In a set of court documents revealed this week, Mat Zain Ibrahim implied that [...]
Malaysia’s prime minister is likely to announce on Wednesday that he will step aside for his deputy, but the man picked as the new leader is unlikely to be able stop either the political or economic rot. Najib Razak, 55, has deep roots in the main ruling party. He joined in 1978, is the son [...]
written by :Michael Backman DELMONICO’S, near Wall Street, is a bit like The Restaurant at the End of the Universe in Douglas Adams’ book of the same name. Get a window seat there right now and you can watch the universe end while you await your steak. But if you fancy tamer fare then try [...]
Oil fall below : US$90 with next target US$85/barrel Crude oil prices could sink to US$50 a barrel in the unlikely event that the whole world slumps into a recession, but the commodity super-cycle is not over and crude prices could bounce back to US$150 a barrel as the economy recovers and the cost of [...]
Source : Lim Kit Siang Blog With the approach of their respective party conferences and elections, It is common nowadays to read of the fierce speeches and statements by leaders and ministers of MCA, Gerakan, MIC, SUPP and other Barisan Nasional component parties, undertaking to learn from the mistakes of the past and pledging to [...]
This article appears as The $700 Billion Question: How Much Is That Exotic Security? at Knowledge@Wharton (http://knowledge.wharton.upenn.edu/article.cfm?articleid=2064) Whether or not Congress approves the Bush Administration’s $700 billion Wall Street rescue plan, a question hangs in the air: Will it work? Economists and financial experts don’t all agree that a taxpayer-funded purchase of troubled mortgage securities [...]
Source : NST Online KLANG: The Selangor executive council is divided over the decision to suspend Ampang Jaya municipal council deputy president Hamid Hussain over the demolition of a temple. State executive councillor Iskandar Abdul Samad said he was shocked to learn that Hamid (picture) had been suspended. In a statement sent by SMS, he [...]