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| PKR’s Trojan horses and Anwar’s three choices |
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Posted by: superadmin - 03-03-2021, 10:28 AM - Forum: Politics
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PETALING JAYA: Anwar Ibrahim has three options to strengthen PKR and retain its constituencies in GE15 to counter “Trojan horses” aligned with former deputy president Azmin Ali in the party, pundits say.
Political analyst Kenneth Cheng said Prime Minister Muhyiddin Yassin does not have majority support and will try to woo more PKR MPs as he would not be able to get any elected representatives from DAP and Pejuang to back him.
He added that PKR should get its MPs to sign statutory declarations reaffirming their loyalty to the party as there were bound to be MPs and assemblymen who are still aligned with Azmin.
A source in the know told FMT that six PKR MPs aligned with Azmin have indicated they will only consider switching sides if they do not get to recontest their seats.
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| Forget Dr M, move on, DAP man tells Amanah |
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Posted by: superadmin - 03-03-2021, 10:19 AM - Forum: Politics
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PETALING JAYA: A DAP leader has urged his Pakatan Harapan ally Amanah to move on from Dr Mahathir Mohamad and stick together, amid defections within the coalition.
Speaking to FMT, Johor DAP committee member Dr Boo Cheng Hau said although defections were not ideal, what was important was that everyone was still in PH.
This comes after three Amanah assemblymen in Johor quit the party and joined PKR, leading to some Amanah leaders calling for a review of ties with PKR.
Boo said he had been made to understand there were some in Amanah who still looked up to Mahathir rather than opposition leader Anwar Ibrahim, and this had made others in the party uneasy.
Previously, PKR Youth secretary Syukri Razab had claimed that Amanah remained unsettled because some leaders chose to be friendly with Mahathir while being in PH.
“Anwar is our undisputed leader. We should follow his lead and stick to PH’s principles. We cannot have more than one horse pulling the PH cart or it’ll go in different directions,” said Boo.
“PH is about multiculturalism, we have to accept the fact that this is not what Tun Dr Mahathir wants and this was evident from his endorsement of the Malay Dignity Congress without consulting other PH leaders.”
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| ‘No-challenge on state laws’ call is troubling, says Sabah Law Society |
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Posted by: superadmin - 03-02-2021, 07:13 PM - Forum: Politics
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KOTA KINABALU: The Sabah Law Society (SLS) has waded into the issue of PAS secretary-general Takiyuddin Hassan calling for no further challenges to be made against state shariah laws.
Takiyuddin, who is also law minister, made the remark following a Federal Court ruling last week that a shariah enactment in Selangor on unnatural sex was unconstitutional.
He said the party would continue its efforts to harmonise civil law, based on English common law, with Islamic law but was worried that future complications will arise if the judiciary decided a case due to public pressure.
SLS president Roger Chin said they were “troubled” by Takiyuddin’s call, saying all parties were entitled to challenge the constitutionality of laws enacted in Malaysia, be it state or federal laws.
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| GSC acquires majority of MBO Cinemas’ assets |
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Posted by: superadmin - 03-02-2021, 07:09 PM - Forum: Business. Economy and Investment
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PETALING JAYA: Local cinema chain Golden Screen Cinemas (GSC) has announced that it is acquiring assets from the operators of MBO Cinemas, the third-largest cinema chain in the country.
GSC, which is owned by PPB Group Bhd, said it had signed an asset sale agreement on Feb 23 to acquire “the majority of cinema assets” from MCAT Box Office Sdn Bhd and Reel Entertainment Holdings Sdn Bhd.
GSC chief executive officer Koh Mei Lee said PPB Group remained committed to the growth of the cinema sector, adding that they were optimistic about the industry’s revival after the pandemic had passed.
“We are confident that the acquisition of MBO Cinemas’ assets, together with the impending roll-out of the vaccine, will help accelerate our recovery from this pandemic,” she said in a statement today.
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| Ku Li tells Umno leadership to decide on Bersatu ties, no-confidence vote on Muhyiddi |
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Posted by: superadmin - 03-02-2021, 07:00 PM - Forum: Politics
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KUALA LUMPUR, March 2 — Tan Sri Tengku Razaleigh Hamzah demanded today for Umno to hold an emergency supreme council meeting to decide on cutting ties with Bersatu and push for a vote of no confidence against Prime Minister Tan Sri Muhyiddin Yassin.
In a statement today, he reminded the party’s leaders that 147 Umno divisions have already made the call to cut ties with Bersatu.
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| Trump is facing probes from 5 independently elected investigators |
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Posted by: superadmin - 03-02-2021, 06:04 PM - Forum: Politics
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(CNN)Five independently elected investigators have turned their attention to former President Donald Trump, a sign his legal woes are mounting as he no longer enjoys the protections once afforded to him by the Oval Office.
Trump is now facing inquiries run by elected officials from Georgia to New York to Washington with only their constituents to answer to. Most are Democrats, but one key investigation was launched by a Georgia Republican who has faced heavy criticism from Trump since the election.
And the former President's actions on his way out of office, including his attempts to overturn the 2020 election results and to stir up his supporters with baseless claims of fraud until they stormed the US Capitol on a harrowing January day, have only added to his legal problems.
"It's never happened in our history but every single one of these prosecutors and attorneys general has more than sufficient predication to investigate what they're investigating," said Daniel R. Alonso, who was a top deputy to Manhattan District Attorney Cyrus Vance from 2010 to 2014.
There are signs the probes are picking up. In New York, investigators recently got their hands on Trump's tax returns and have bolstered their team with a prosecutor who specializes in complex financial cases. In Georgia, another prosecutor plans to begin requesting subpoenas from a grand jury as early as this week.
"The world has changed for Donald Trump, legally, now that he's no longer president," said Elie Honig, a former federal and state prosecutor and a CNN legal analyst. "Donald Trump tried to delay civil suits against him, he tried to delay subpoenas against him while he was president. All of that is gone now, so now we're seeing multiple investigators -- federal and state -- digging in and taking a hard look at Donald Trump."
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| Another twist in Sabah as Hassan submits an SD |
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Posted by: superadmin - 03-02-2021, 05:51 PM - Forum: Politics
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KOTA KINABALU: In a new twist to the Sabah party-hopping saga, Sebatik assemblyman Hassan A Gani Pg Amir has sent a statutory declaration to state assembly Speaker Kadzim M Yahya, withdrawing his pre-signed resignation letter.
Kadzim acknowledged that he had received the resignation letter from Warisan but said Hassan had also submitted a statutory declaration to revoke and withdraw any letter he signed with his former party prior to becoming a candidate for the Sabah elections last year.
The state Speaker said Hassan had come to see him in person at 11.45am today to submit the statutory declaration.
He added that Hassan had told him of his intentions to remain as an assemblyman.
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| No rift in PAS, and no plot to topple Hadi, says Khairuddin |
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Posted by: superadmin - 03-02-2021, 03:28 PM - Forum: Politics
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PUTRAJAYA: A senior PAS leader has debunked claims of a plot to topple party president Abdul Hadi Awang.
Khairuddin Aman Razali, the PAS strategic director, said the party’s leaders and members remained loyal to their president.
“The media should not publish rumours. I want to stress that there are no divisions in our party.”
His clarification comes amid reports of an audio recording, allegedly between Khairuddin and PAS spiritual adviser Hashim Jasin, on their unhappiness over some of Hadi’s decisions pertaining to the Islamist party’s cooperation with PPBM and Umno, and other internal matters.
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| Zoom pops as company beats expectations and issues strong guidance |
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Posted by: superadmin - 03-02-2021, 03:17 PM - Forum: Business, Economy and Investment
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- Zoom shares rose 11% in extended trading Monday after the company reported fiscal fourth-quarter earnings.
- Zoom beat on the top and bottom lines, showing sequential revenue growth.
- The company sees 42% revenue growth for the fiscal year ahead, even as life is expected to look more like it did before the pandemic.
Zoom shares rose as much as 11% in extended trading on Monday after the video-calling software maker reported fiscal fourth-quarter earnings and guidance that were stronger than analysts had expected.
Here’s how the company did:- Earnings: $1.22 per share, adjusted, vs. 79 cents per share as expected by analysts, according to Refinitiv
- Revenue: $882.5 million, vs. $811.8 million as expected by analysts, according to Refinitiv
Revenue grew 369% year over year in the quarter that ended on Jan. 31, according to a statement. In the year-ago quarter people began to use Zoom more heavily as the Covid-19 virus emerged in China, leading to the World Health Organization calling the virus a pandemic in March 2020. In the previous quarter revenue had grown some 367%.
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| A major Chinese bitcoin mining hub is shutting down its cryptocurrency operations |
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Posted by: superadmin - 03-02-2021, 03:10 PM - Forum: Business, Economy and Investment
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- China’s Inner Mongolia region plans to ban new cryptocurrency mining projects and shut down existing activity in a bid to cut down on the energy-consuming operation.
- Bitcoin mining consumes an estimated 128.84 terrawatt-hour per year of energy, more than entire countries such as Ukraine and Argentina.
- Inner Mongolia alone accounts for around 8% of all bitcoin mining globally, more than the United States which accounts for 7.2%.
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GUANGZHOU, China — China’s Inner Mongolia region plans to ban new cryptocurrency mining projects and shut down existing activity in a bid to cut down on energy-consumption.
Bitcoin is based on a decentralized network, which means it’s not issued by a single entity like a central bank. Transactions, recorded on a public ledger called the blockchain, need to be “verified” by miners.
These miners run purpose-built computers to solve complex mathematical puzzles that effectively allow a bitcoin transaction to happen. The miners receive bitcoin as a reward and that is the incentive.
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