Gerakan Netizen

Malaysia's former prime minister Mahathir Mohamad said a proliferation of currency-trading hedge funds and other players has made it harder to stage the speculative attacks of the kind he blames for triggering mayhem 25 years ago. As quoted in Nikkei: "When there are many people competing in currency trading, then it's a bit difficult to play around with the value The start of the financial crisis that engulfed nations from Malaysia to South Korea to Indonesia is usually pegged to July 2, 1997, when Thailand's attempts to protect the value of its currency were overwhelmed by capital flows out of the country. The sharp devaluation of the baht led to pressure on other currencies and, within two weeks, to the collapse of the Malaysian ringgit's peg to the U.S. dollar. From time and time again Tun Dr Mahathir felt the need to reassert himself as the global leader of the Muslim world, while balancing the need to develop Malaysia – from blaming Soros and the Jews for the...

Syed Saddiq puts on a brave front to the public, part of his public appeal. After all, politicians willing to stand up for what they believe in are far in between at this point. Yet for all of the bravado, many were no doubt surprised that Saddiq had decided not run for the Johor state elections – despite sabre rattling and planning to build a coalition without PH partners, PKR. This is nothing new for Saddiq, after all, he will take a big game and fail to follow through when it counts the most. For example during the 2021 Budget vote in Parliament – spent the much of the week rallying against the government, stating that they should allocate the budget fairly. When it came down to it, he simply sat down and did not stand up to support the motion for a bloc voting to pass the 2021 Budget – and did not join the 13 MPs Opposition MPs in ultimately rejecting it at its policy stage. His apology? “I cannot speak on behalf of the other MPs, but I personally believe, in hindsight, that what h...