Free Trade Agreements are not about freeing up trade
Contrary to its name, Free Trade Agreements (FTAs) are not about freeing up trade. Prior to the signing of the United States - Singapore Free Trade Agreement (USSFTA) in 2003, Singapore imposed tariffs on only three products - beer, stout and samsoo. Trade was already free. Why then would the Americans want to sign a Free Trade...
Keeping reserves secret to protect SGD is a fellacy
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...
Covid-19 vaccination deaths – Deny Deny and Deny
This could only happen in Korea, while in Singapore, it's only DENY DENY DENY! "Lawmakers and government officials on Wednesday agreed to increase the amount of condolence money to families of those who died following COVID-19 vaccinations, regardless of whether the vaccination itself was confirmed to be the cause of death. From...
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