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As lockdown returns, Malaysians face another bleak Aidilfitri | Malaysia

Monday, 10 May 2021 11:35 PM MYT
Police personnel inspect vehicles at a roadblock along Jambatan Merdeka, at the Kedah-Penang border, May 10, 2021. Picture by Sayuti Zainudin
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KUALA LUMPUR, May 10 Mohd Rezuan Othman would normally travel from Kuala Lumpur to his hometown in southern Malaysia to spend Aidilfitri with his family, but the country’s latest nationwide Covid-19 lockdown has scuppered his plans for the second year in a row.
Under measures announced today, just days before Aidilfitri, he and millions of others are being forced to stay apart from loved ones during the annual celebration because of strict restrictions on travel. ....

Kuala Lumpur , Sumatera Utara , Muhyiddin Yassin , Jambatan Merdeka , Mohd Rezuan Othman , Rusyan Sopian , Sayuti Zainudin , Mohd Rezuan , Asian Financial Crisis , Prime Minister Tan Sri Muhyiddin Yassin , குவாலா லம்பூர் , ஆசிய நிதி நெருக்கடி ,

In Bangkok tobt der Wettstreit der Wolkenkratzer

In Bangkok tobt der Wettstreit der Wolkenkratzer
nzz.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzz.ch Daily Mail and Mail on Sunday newspapers.

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Monthly Review | Five Characteristics of Neoimperialism

China Daily, May 10, 2021.
Cheng Enfu is a principal professor at the University of the Chinese Academy of Social Sciences, director of the Research Center for Economic and Social Development at the Chinese Academy of Social Sciences, and president of the World Association for Political Economy. He can be reached at 65344718[at]vip.163.com. Lu Baolin is a professor at the School of Economics, Qufu Normal University.
Neoimperialism is the specific contemporary phase of historical development that features the economic globalization and financialization of monopoly capitalism. The characteristics of neoimperialism can be summed up on the basis of the following five key features. First is the new monopoly of production and circulation. The internationalization of production and circulation, together with the intensified concentration of capital, gives rise to giant multinational monopoly corporations whose wealth is nearly as great as that of whole countries. Second is the ne ....

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Risks from Fed unwinding to be manageable for PHL

BusinessWorld
April 30, 2021 | 12:05 am
BW FILE PHOTO
THERE IS A risk of another “taper tantrum” episode amid rising US Treasury bond yields, but the Philippines and other Asian economies are now better equipped to handle this, the Asian Development Bank (ADB) said.
“The risk of a taper tantrum repeat is non-zero, but I think it’s manageable,” ADB Chief Economist Yasuyuki Sawada said at the BusinessWorld One-on-One online forum.
“I believe the Fed (US Federal Reserve) will be really careful in communicating with the market if they want to change the position of monetary policy,” he added.
The taper tantrum happened in 2013 when the US Federal Reserve signaled it would start to reverse its massive quantitative easing program. This resulted in panic over rising credit costs which led to sharp outflows from emerging markets and left central banks scrambling to hike interest rates. ....

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Sabic urges global collaboration in post-pandemic era

Sabic urges global collaboration in post-pandemic era
RIYADH, 8 days
ago
Sabic, a global leading diversified chemical company, has underlined the necessity of global collaboration for a sustainable world in a post pandemic era during the Boao Forum for Asia (BFA) Annual Conference 2021.
Attending as an Honorary Strategic Partner, Sabic further manifested its thought leadership and commitment to China and Asia as a whole.
Led by Yousef Al-Benyan, Sabic Vice Chairman and CEO and member of the BFA Board of Directors, the Sabic delegation joined various top-level strategic conversations. President Xi Jinping delivered a keynote speech via video at the opening ceremony of BFA Annual Conference 2021 on April 20. ....

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