TODAY marks another milestone in the escalating global trade war that threatens to shake the foundations of the world trading system and cause economic uncertainty at a time of financial fragility. It’s an altogether bad development that adds more gloom to global economic prospects.
THE financial crisis affecting developing countries arrived in full-scale fashion in our region last week when the Indonesian economy experienced shocks reminiscent of the Asian crisis 20 years ago.
IT’S a few days more to National Day. It’s a good time to remember that nothing is more precious than our independence, where we have the right and means to determine our own economic and social policies.
In deciding whether to go ahead with the agreement, the govt must weigh benefits of increased market access with loss of freedom to make and implement policies.
US and Europe have struck a deal to avoid more tit for tat. But will these two giants now gang up against the developing countries instead?
THE trade war initiated by United States President Donald Trump is a very dangerous game that will engulf the whole world if it escalates and is prolonged.
With the full Cabinet in place, green issues should now get the high priority they deserve. The alternative is a full-blown crisis of climate change, water shortages, floods and pollution.
GOVERNMENT-linked companies (GLCs) have become a hot topic because of the scandals linked to 1MDB, the Felda group and other enterprises which politicians of the old order have abused, causing the public to lose billions of ringgit.
IS a new global financial crisis imminent? Yes, says George Soros, the multi-billionaire and hedge fund pioneer. No, says James Gorman, CEO of investment bank Morgan Stanley, who called Soros’ prediction “ridiculous”.
What is remarkable after the May 9 elections is not only how quickly the old system is crumbling but also how rapidly a new order is being established.
If we don’t act fast and effectively, antibiotic resistance may become a bigger threat to human life than climate change.
LAST Thursday, US President Donald Trump signed a proclamation to raise tariffs for steel by 25% and for aluminium by 10%.