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| Most of Bersatu supreme council members agreed to sack Zuraida for involvement in PBM |
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Posted by: superadmin - 02-02-2022, 02:55 PM - Forum: Politics
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Report: Majority of Bersatu supreme council members agreed to sack Zuraida for involvement in PBM
KUALA LUMPUR, Feb 2 — Datuk Zuraida Kamaruddin may soon be expelled from Bersatu, as a majority of the party’s supreme council members have agreed to sack her, due to alleged ties with Parti Bangsa Malaysia (PBM), according to an online news report today.
The Malaysian Insight (TMI) quoted an unnamed source as saying that, however, no decision was made on the sacking of the Plantation Industries and Commodities Minister from Bersatu, as there was a lack of evidence that she had abandoned them to join PBM.
“A council member suggested that Zuraida be sacked from the party. The proposal received the support of the majority but no decision was made,” TMI quoted a party source as saying.
Reportedly, another council member who was present at the meeting — which was chaired by party president Tan Sri Muhyiddin Yassin on January 25 — confirmed the discussion but did not comment further.
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| PAS seriously considering cutting ties with Umno, says info chief |
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Posted by: superadmin - 02-02-2022, 12:53 PM - Forum: Politics
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KUALA LUMPUR – Amid a souring relationship between PAS and Umno, the Islamist party now appears to be considering cutting all ties with its Muafakat Nasional (MN) partner.
PAS information chief Khairil Nizam Khirudin said the betrayals by certain factions within Umno, including in causing the collapse of the previous Perikatan Nasional (PN) government and triggering a number of state elections, have led PAS to reconsider its cooperation.
The Dewan Negara senator warned that his party’s patience has limits, and that it would not hesitate to part ways if it is established that the marriage of convenience with Umno has affected Muslim unity.
“What is happening right now, with the betrayal of a certain number of Umno leaders towards PN, we are taking this into consideration,” he said during a dialogue session with Bersatu information chief Datuk Wan Saiful Wan Jan.
“If you are asking me when is the turning point for PAS, we will stick to our procedure. The matter is now under consideration. If there is strong support (to sever ties), we will call for an emergency assembly (Muktamar).
“We will then table this to the PAS Syura Council to turn it into a policy. At the moment, we call our members to be patient, because the action we are taking has to be strategized and not made too hastily.”
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| Perception of disunity can dent PH’s chances in Johor polls, says academic |
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Posted by: superadmin - 02-02-2022, 12:44 PM - Forum: Politics
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PETALING JAYA: An academic has warned Pakatan Harapan (PH) that its chances of winning the Johor elections are adversely affected by the public perception that it is disunited.
James Chin of University of Tasmania said it was futile for PKR leader Anwar Ibrahim to play down talk of a disunited opposition following his party’s decision to use its own logo in the polls.
Speaking to FMT, he said some voters would be questioning PH’s ability to form a government since it could not even agree on the use of a common logo.
Anwar has been insisting that PKR’s decision has not affected ties among PH parties. He has also said that the strategy has been used before to no ill effect and accused unnamed parties of playing up the issue to divide the opposition.
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| Alphabet reports big fourth-quarter beat; stock pops |
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Posted by: superadmin - 02-02-2022, 10:52 AM - Forum: Business, Economy and Investment
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- Alphabet beat on the top and bottom lines for the fourth quarter.
- The stock jumped in extended trading after the report.
- The company also announced a 20-for-1 stock split.
Google parent Alphabet reported better-than-expected fourth-quarter earnings and revenue. Shares popped more than 9% in extended trading.
The company also announced a 20-for-1 stock split that will go into effect in July.
Here are the key numbers:- Earnings per share (EPS): $30.69 vs $27.34 expected, according to Refinitiv
- Revenue: $75.33 billion vs $72.17 billion expected, according to Refinitiv
- YouTube advertising revenue: $8.63 billion vs. $8.87 billion expected, according to StreetAccount
- Google Cloud revenue: $5.54 billion vs $5.47 billion expected, according to StreetAccount
- Traffic acquisition costs (TAC): $13.43 billion vs. $12.84 billion expected, according to StreetAccount
Alphabet reported revenue growth of 32%, proving again that it was able to withstand the pressures from the pandemic and inflation.
The results follow a year of outperformance. The stock surged 65% last year, beating all other Big Tech companies and more than tripling gains in the S&P 500.
Google’s advertising revenue came in at $61.24 billion for the quarter, up 33% from $46.2 billion in the same period a year earlier.
Philipp Schindler, Google’s chief business officer, said retail was the largest contributor to year-over-year ad growth. Media and finance spending was also significant.
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| After a huge year for growth, the U.S. economy is about to slam into a wall |
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Posted by: superadmin - 02-02-2022, 10:45 AM - Forum: Business, Economy and Investment
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- The U.S. economy last year grew at its fastest pace since 1984, but that momentum isn’t carrying into 2022.
- An inventory build fueled most of the second-half growth that put annualized GDP up 5.7% for the year.
- In the first quarter, the economy may not show any gain at all and possibly show a loss in GDP.
- The pandemic, along with declining help from fiscal and monetary policy, will keep growth in check.
Spurred by a massive inventory rebuild and consumers flush with cash, the U.S. economy last year grew at its fastest pace since 1984.
Don’t expect a repeat performance in 2022.
In fact, the year is starting with little growth signs at all as the late-year spread of omicron coupled with the ebbing tailwind of fiscal stimulus has economists across Wall Street knocking down their forecasts for gross domestic product.
Combine that with a Federal Reserve that has pivoted from the easiest policy in its history to hawkish inflation-fighters, and the picture has suddenly changed substantially. The Atlanta Fed’s GDPNow gauge is currently tracking a first-quarter GDP gain of just 0.1%.
“The economy is decelerating and downshifting,” said Joseph LaVorgna, chief economist for the Americas at Natixis and former chief economist for the National Economic Council under then-President Donald Trump. “It’s not a recession, but it will be if the Fed tries to get too aggressive.”
GDP surged at an impressive 6.9% in the fourth quarter of 2021 to close out a year in which the measure of all goods and services produced in the U.S. increased 5.7% on an annualized basis. That came after a pandemic-induced 3.4% decline in 2020, a year that saw the steepest but shortest recession in U.S. history.
But the path ahead is less certain.
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| Syed Saddiq refutes bungalow claims, welcomes probe |
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Posted by: superadmin - 02-02-2022, 10:15 AM - Forum: Politics
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PETALING JAYA: Muda president Syed Saddiq Syed Abdul Rahman has refuted claims by several quarters that he owns a bungalow worth millions of ringgit.
In a video posted on Facebook, the Muar MP said he had been renting the bungalow in question since his days as the youth and sports minister in the Pakatan Harapan (PH) government.
“With the Johor state elections nearing, I have been subjected to slander by many, and they are willing to produce expensive, studio-made videos to bring me down.
“What is most amusing is claims that I own a bungalow worth millions (of ringgit), with a swimming pool,” he said.
Syed Saddiq posted the video in response to a query from a Twitter user named Mario, who claimed the bungalow had a swimming pool and questioned the RM722,312 in assets declared by the MP in 2019.
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| Politicisation of education – Vasanthi Ramachandran |
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Posted by: superadmin - 02-01-2022, 08:32 PM - Forum: Educations
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FOR any prime ministerial aspirant, a good place to start will be by exercising political power via the education institution. This was a precedent set by Tun Abdul Razak, with others using education as a vehicle to expedite their journey to the prime minister’s office.
Our first prime minister, Tunku Abdul Rahman endorsed the English language for higher learning to enable our students into the best universities in the world.
As the first education minister, Tun Abdul Razak replaced the colonial education system with the Razak Report which was later enshrined as the Education Ordinance 1957. With this. Bahasa Melayu became the national language.
Tun Dr Mahathir Mohamad’s tenure as education minister and prime minister began with various “politically invested affirmative policies” being incorporated in our education. Today, in the 2021 rankings for 76 countries, conducted by the Organisation for Economic Co-operation and Development, Singapore ranks first. Malaysia ranks at a dismal 52nd.
If we peel the layers, therein lies the root of the present demerited education system with all of its “self-righteous” political prejudices and fallacies.
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| Johor state election should not be taken lightly, says BN deputy chairman |
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Posted by: superadmin - 02-01-2022, 05:20 PM - Forum: Politics
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KUALA LUMPUR, Feb 1 — The Barisan Nasional (BN) machinery has been reminded not to take the upcoming Johor state election lightly.
BN deputy chairman Datuk Seri Mohamad Hasan said the coalition should not be carried away by its victory in the Melaka state election and should formulate the best possible strategy to ensure victory in Johor.
“There is no problem or issue in the distribution of seats, which we will do after holding the BN Supreme Committee meeting.
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| PKR boasts nearly 80,000 membership applications, says sec-gen |
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Posted by: superadmin - 02-01-2022, 05:14 PM - Forum: Politics
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KUALA LUMPUR – PKR has acquired up to 78,093 new membership applications – a number the party interprets as a sign of the people’s support for the party’s leadership abilities.
In a statement today, PKR secretary-general Datuk Seri Saifuddin Nasution Ismail said that the party had been receiving applications as early as November 4 and had just yesterday closed the window to register.
“Such a high number of applications shows that PKR has the people’s support and encouragement to continue to spur the nation’s politics and leadership,” he said.
The Kulim Bandar Baharu MP, who is also Pakatan Harapan secretary-general, added that the name list of registered members will be presented to the branch for checks and objections before it is then submitted to the component party’s member registration.
“The process above will take place from February 3 to 9.
“If there are objections to any of the newly registered members, the branch can bring up their reservations to the Secretary-General’s Office before or on February 9.
“All objections will be reviewed and decided on by the party’s Supreme Council, and the decision will be final,” Saifuddin said.
He added that the party’s main office will submit the final name list as early as February 18 to the Party Selection Committee for it to complete the voter list. – The Vibes, February 1, 2022
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