World Bank expert: Ringgit’s fall due to US recovery

The depreciation of the ringgit is due to the United States easing its monetary policy and its process of economic recovery, said the World Bank’s Development Research Group lead economist Norman Loayza. “My perspective is, this is not a country-specific issue. The depreciation is because the US economy is recovering,” … Read More ›

Najib walks softly and carries a big stick

Then Muhyiddin says that he actually does not understand the issue and whatever little knowledge he may have regarding 1MDB was what he had read in The Edge. In short, Muhyiddin’s knowledge of 1MBD is limited to the stolen and doctored information that The Edge had published. Beyond that Muhyiddin … Read More ›

Tony Pua is beginning to feel the heat

Anyway, the news report below can probably throw some light on the whole episode and show that Tony is very much involved in the conspiracy to bring down Prime Minister Najib Tun Razak. Tun Dr Mahathir Mohamad’s henchman, Matthias Chang, is presenting himself as Khairuddin Abu Hassan’s lawyer. The police, … Read More ›

1MDB: Further clarification on resignation of Tan Sri Datuk Dr. Abdul Samad Haji Alias from 1MDB Board of Advisors

Further to the announcement issued yesterday by 1MDB on this matter, we regret to note that today, third parties such as Datuk Seri Nazir Razak, who have no direct knowledge of the facts, are issuing speculative opinions on certain statements made on 7 September 2015 by Tan Sri Samad Alias, … Read More ›

To Stave Off Arab Spring Revolts, Saudi Arabia and Fellow Gulf Countries Spend $150 Billion

Saudi Arabia’s generosity has been criticized as a means for the Arab world’s most populous country to make political gains and spread influence. The Wharton School of the University of Pennsylvania Possessing 20% of the world’s proven petroleum reserves, Saudi Arabia has long played the expected role of benefactor among … Read More ›

Arab money and the Malaysian Spring?

This research paper by the “German Institute for International and Security Affairs” explains in detail how much and why Saudi Arabia was funding friendly incumbent govts to prevent them from falling to presumably western instigated and funded Arab Spring movements: “Leading the Counter-Revolution: Saudi Arabia and the Arab Spring” Recently, prolific blogger RPK … Read More ›