Political Succession 2021
The internet and online chatters went abuzz yesterday evening as though something very major like a General Election was taking place, except that it was not! It was instead, a defeatist announcement being made of an embattled DPM removing himself from the line to succeed the PM. What came as a surprise to many, is actually...
Will the digital yuan replace the US dollar in international trade?
China will soon be using the digital CNY in international trade. Here is an article that discusses the scope of this digital currency. I make the following comments to the points in this article. a) The article said that China needs to liberalize its financial system further for the CNY to be a reserve currency. Rebuttal - Many...
Make Impossible Demands
After last year's hullabaloo about the rising COVID infection rate among Singapore's low-wage migrant workers, what has now become of them? These workers come mainly from South Asia to work in the dangerous industries of construction and shipping. They number more than 300,000, and almost half of them contracted the virus...
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