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| No need for Umno to ‘dance to enemy’s tune’, says Asyraf |
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Posted by: superadmin - 03-17-2022, 02:45 PM - Forum: Politics
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PETALING JAYA: Umno will be stronger if all its leaders, including those in government, honour the party’s mandate, says Umno Youth chief Asyraf Wajdi Dusuki.
“For the first time in history, the head of the government and the party are two different people,” he said, referring to Prime Minister Ismail Sabri Yaakob and Umno president Ahmad Zahid Hamidi.
Asyraf said the prime minister and his ministers are on the “frontlines”, running the country with the mandate and trust of the party.
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| Federal Reserve approves first interest rate hike in more than three years |
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Posted by: superadmin - 03-17-2022, 11:18 AM - Forum: Business, Economy and Investment
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Federal Reserve approves first interest rate hike in more than three years, sees six more ahead
The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing economic growth.
After keeping its benchmark interest rate anchored near zero since the beginning of the Covid pandemic, the policymaking Federal Open Market Committee said it will raise rates by a quarter percentage point, or 25 basis points.
That will bring the rate now into a range of 0.25%-0.5%. The move will correspond with a hike in the prime rate and immediately send financing costs higher for many forms of consumer borrowing and credit. Fed officials indicated the rate increases will come with slower economic growth this year.
Along with the rate hikes, the committee also penciled in increases at each of the six remaining meetings this year, pointing to a consensus funds rate of 1.9% by year’s end. That is a full percentage point higher than indicated in December. The committee sees three more hikes in 2023 then none the following year.
The rate rise was approved with only one dissent. St. Louis Fed President James Bullard wanted a 50 basis point increase.
The committee last raised rates in December 2018, then had to backtrack the following July and begin cutting.
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| Unreasonable, sinister for NATO to push China to condemn Russia |
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Posted by: superadmin - 03-17-2022, 11:01 AM - Forum: Politics
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The Ukraine crisis was largely triggered by NATO's aggressive eastward expansion. The bloc is the culprit. Instead of reflecting on itself, NATO piles pressure on other countries to stand with it against Russia. This is unreasonable and quite sinister.
"China should join the rest of the world in condemning strongly the brutal invasion of Ukraine by Russia," NATO Secretary General Jens Stoltenberg said on Tuesday, "The Russian invasion of Ukraine is a blatant violation of international law so we call on [China] to clearly condemn the invasion and of course not support Russia. And we are closely monitoring any signs of support from China to Russia."
NATO is a puppet of the US, a Cold War military bloc manipulated by the US. The obsolete military organization has launched many ruthless military aggressions and triggered corresponding disasters in which local people underwent great suffering. NATO's aerial bombing campaign against the Federal Republic of Yugoslavia in 1999 during the Kosovo War is one example.
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| Zii Jia through to All England round of 16 |
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Posted by: superadmin - 03-17-2022, 08:55 AM - Forum: Badminton
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KUALA LUMPUR – World number seven shuttler Lee Zii Jia advances to the next round of the All England Championship after winning against Japan’s Kenta Nishimoto 21-16, 21-17.
Last year’s All England champion Zii Jia took the first set in 21 minutes despite Nishimoto’s best efforts to catch up.
Starting strong in the second set, the national top player triumphed and secured his win to advance to the round of 16 tomorrow.
Zii Jia had won three of the four previous encounters between the two, with the last win coming at the 2019 BWF World Championships.
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| King, Queen congratulate Shereen over 400m win |
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Posted by: superadmin - 03-17-2022, 08:49 AM - Forum: Other Sports
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KUALA LUMPUR: The Yang di-Pertuan Agong, Sultan Abdullah Sultan Ahmad Shah and the Raja Permaisuri Agong, Tunku Hajah Azizah Aminah Maimunah Iskandariah, have expressed their pride and joy at the success of national athlete Shereen Vallabouy in bringing glory to Malaysia on the world stage.
In a post on the official Istana Negara Facebook page tonight, the King and Queen congratulated Shereen on her success in breaking the national women’s 400m indoor record at the National Collegiate Athletic Association (NCAA) Division II Indoor Track and Field Championships in Kansas, the United States, on Saturday.
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| Umno’s survival hinges on non-Malay support too, says Tok Mat |
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Posted by: superadmin - 03-17-2022, 08:43 AM - Forum: Politics
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PETALING JAYA: Umno’s survival hinges on its ability to win the support of non-Malays, the party’s deputy president Mohamad Hasan said.
“Malay votes alone aren’t enough to form a government, let alone a stable government,” he said in a speech at the party’s annual general assembly today.
He said the reality was that Umno could not rely on its allies alone to secure the support of non-Malays.
“Umno must have its own strategy: that Umno is moderate, that it is not extreme, that it celebrates diversity and can ensure stability.
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| Explain why ‘poster boy’ Hasni not made MB, Umno told |
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Posted by: superadmin - 03-16-2022, 02:29 PM - Forum: Politics
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PETALING JAYA: Umno is obliged to explain to Johor voters why Hasni Mohammad was not appointed the menteri besar when it had used the “poster boy” as its candidate to lead the state during the recent election campaign.
Ilham Centre’s head researcher, Yusri Ibrahim, believed that Hasni, being Barisan Nasional’s (BN) menteri besar designate, was an impetus that led to Umno’s big win in the elections.
“Johor Umno needs to answer to the voters because part of its campaign was proclaiming Hasni as the menteri besar designate.
“The party had promised the voters that Hasni would be made the menteri besar if the people’s mandate was given to it. Now, Umno must explain to the voters what went wrong,” he told FMT.
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| China encourages Europe to build 'indivisible security' mechanism with Russia |
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Posted by: superadmin - 03-16-2022, 02:17 PM - Forum: Politics
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China recently encouraged European countries to establish an indivisible, sustainable, effective and balanced security mechanism on different diplomatic occasions, with analysts saying that since the Ukraine crisis has brought serious damage to the security of Europe, the relevant parties need to realize that it is the US, an external superpower, that manipulates the security situation in Europe, and benefits the most, while the EU, Russia and Ukraine have all paid a heavy price under the current unbalanced and ineffective security mechanism.
Zhang Jun, China's permanent representative to the UN, said on Monday that the Ukraine crisis has further raised the question of how to maintain the stability of the international system and focus more on the real pathway toward universal security and common development.
He made the remarks at the UN Security Council briefing by the Organization for Security and Cooperation in Europe (OSCE) chairperson-in-office. "The world is indivisible, and security is indivisible. In the 1975 Helsinki Final Act, the important principle of indivisible security was first established. This principle carries special significance under the current circumstances," he said.
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