TR EMERITUS

16 September 1992 was a day of infamy for Britain which came to be known as Black Wednesday. That was the day Bank of England threw in the towel on a battle against currency speculators and took UK out of the ERM (exchange rate mechanism of the European Union) and pound sterling crashed. Traditional description of a speculative... 

Foreward:  I have worked out the size of the Singapore reserves. The only person in Singapore that can show you this. It has a pretty high level of confidence you can take it to the bank. As the presidential election heats up, the ruling party feels enough unease of an outsider Tan Kin Lian nipping 2 contenders backed by them.... 

I clearly remember a picture in the ST of Malaysians leaving en masse at the Causeway, and our economy was left stranded as we had depended on foreigners to do the essential work. Today, not only have we gone back to the old ways but are doubling down. About two months ago, the government approved the employment of more foreign...