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Malaysia’s a circus, and we’re the animals – Nicole Ng |
Posted by: superadmin - 1 hour ago - Forum: Politics
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LACE up your clown shoes and put on the red nose, fellow Malaysians, as we are in a circus country. Or maybe it has been one since achieving independence.
If it wasn’t obvious enough before 2020, then the past five years should have taught us a lesson – that we, Malaysians, are animals in a circus, and we are being willfully whipped and tormented by the ringleaders tussling for power in Putrajaya.
Just a few days ago, Pasir Salak MP Datuk Seri Tajuddin Abdul Rahman dropped not one, not two, but several bombshells during a recent press conference after his dismissal from the Umno Supreme Council.
Maybe he was throwing tantrums. Maybe he felt like he had nothing to lose.
Or maybe he’s just being his good old self, who once dubbed the LRT crash last year as an occasion of two “trains kissing”.
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Managed IT services |
Posted by: ICSIUSA - 5 hours ago - Forum: Computer Software
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Find managed IT services in healthcare, non-profit, construction, and other related industries. ICSI is a leading company that provides services to organizations in Maryland, Washington, DC, and Virginia. Visit their website now for more details.
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Why Penny Wong’s visit to Malaysia is important |
Posted by: superadmin - 10 hours ago - Forum: Politics
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From Jan Drew
The visit to Malaysia tomorrow by Australia’s new foreign minister, Penny Wong, provides a unique opportunity to shine a spotlight on Malaysia and increase the country’s visibility.
Few would be aware of the importance of Malaysia as Australia’s eighth largest trading partner, with two-way trade value amounting to RM76.3 billion (A$25 billion). Malaysia is Australia’s second largest market in Asean.
Aside from Singapore, Australia is home to the largest number of Malaysians abroad with approximately 180,000 immigrant Malaysians. The UK hosts almost half that number. About 50,000 Malaysians are undertaking some form of education and training in Australia, making Malaysia the fifth top source country for education exports.
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PAS Youth defends chief for watching ‘Mat Kilau’ in cinema |
Posted by: superadmin - 10 hours ago - Forum: Stop Racism and Religious Bigotry
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PETALING JAYA: PAS Youth has defended its chief Ahmad Fadhli Shaari for watching a local movie, Mat Kilau, at a cinema in Kuala Lumpur recently, following accusations of hypocrisy.
In a statement, PAS Youth said that the film’s characters were dressed modestly, while the movie’s storyline did not promote any “immorality”.
“If the movie promotes good virtues, encourages people to learn from history, instils patriotism, then it’s not ‘haram’ (forbidden),” the wing said in a statement.
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Umno infighting taking toll on economy, says think tank |
Posted by: superadmin - 10 hours ago - Forum: Politics
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PETALING JAYA: A think tank has called for the next general election (GE15) to be expedited, saying infighting within Umno is taking a toll on the economy.
The Center for Market Education’s CEO, Carmelo Ferlito, said instability in Umno, the party of Prime Minister Ismail Sabri Yaakob, appeared to be diverting attention from efforts to solve economic problems.
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Umno will survive Tajuddin’s old stories, says council member |
Posted by: superadmin - Yesterday, 12:05 PM - Forum: Politics
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PETALING JAYA: An Umno Supreme Council member has described as “old news” an exposé by Tajuddin Abdul Rahman of Umno MPs signing declarations backing opposition leader Anwar Ibrahim to be prime minister.
Razlan Muhammad Rafii said the revelation by Tajuddin were similar to the one made by former Barisan Nasional secretary-general Annuar Musa in January last year.
“It’s old news. Very old. We shouldn’t entertain such things,” he told FMT, adding that such exposés had not weakened the party one bit, as evidenced by the party’s victories at the Johor and Melaka state elections.
“Those who lose party posts normally have a lot to say, but Umno remains united,” he said, referring to Tajuddin’s recent removal from the Supreme Council on grounds he was critical of the party.
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One of the most prominent crypto hedge funds just defaulted on a $670 million loan |
Posted by: superadmin - Yesterday, 11:22 AM - Forum: Business, Economy and Investment
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- Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan worth more than $670 million.
- Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund failed to repay a loan of $350 million in the U.S. dollar-pegged stablecoin, USDC, and another 15,250 bitcoin, worth about $323 million at today’s prices.
Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan worth more than $670 million. Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund failed to repay a loan of $350 million in the U.S. dollar-pegged stablecoin, USDC, and 15,250 bitcoin, worth about $323 million at today’s prices.
3AC’s solvency crunch comes after weeks of turmoil in the crypto market, which has erased hundreds of billions of dollars in value. Bitcoin and ether are both trading slightly lower in the last 24 hours, though well off their all-time highs. Meanwhile, the overall crypto market cap sits at about $950 billion, down from around $3 trillion at its peak in Nov. 2021.
Voyager said it intends to pursue recovery from 3AC (Three Arrows Capital). In the interim, the broker emphasized that the platform continues to operate and fulfill customer orders and withdrawals. That assurance is likely an attempt to contain fear of contagion through the wider crypto ecosystem.
“We are working diligently and expeditiously to strengthen our balance sheet and pursuing options so we can continue to meet customer liquidity demands,” said Voyager CEO Stephen Ehrlich.
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