Three Soldiers Killed in Helicopter Crash in South Philippines
CILI KASI TARUK! KENAPA ANWAR TAK NAK PANGGIL ORANG-ORANG INI UNTUK DISOAL SIASAT?
Jika mengikut keterangan-keterangan yang diberikan oleh Saiful kepada mahkamah sebelum ini, Najib dan isteri tidak perlu sama
MCA always relevant, say party leaders
KUALA LUMPUR, Oct 1 MCA leaders currently lambasted former celebration boss Datuk Seri Ong Tee Keat for observant a celebration is apropos increasing irrelevant, claiming there is no basement for his remarks.
They denied which a Chinese village had written a celebration off, claiming which a MCA was upon its way to convalescent Chinese support.
Liow pronounced a MCA still has clever illustration inside of a Chinese community. File pic
He had pronounced a reforms he tried to exercise in a MCA all went down a drain after he was ousted.
MCA is always relevant. Although you lost badly in 2008, you still have clever illustration inside of a Chinese community.
He (Ong) can say what he likes, though he contingency not eat his own words, pronounced MCA deputy boss Datuk Seri Liow Tiong Lai.
Liow pronounced which when Ong was president, he had educated MCA members to refrain from observant bad things about a party.
No (we are not irrelevant), MCA has been working hard to ensure await of Chinese, pronounced Liow.
MCA Youth arch Datuk Dr Wee Ka Siong pronounced which proof of Chinese await for a BN component celebration was a huge enlarge in Youth members over a past dual years.
We have purebred 27,000 new members for a past dual years, he told reporters today.
The former MCA presidents explain which MCA is not pertinent is baseless, pronounced Wee.
He asked reporters to decide for themselves a changes made during Ongs tenure as boss as well as a current leadership under Datuk Seri Dr Chua Soi Lek.
I do not intend to emanate a co! nflict w ith Ong Tee Keat, though each personality is since a timeframe to exercise changes in a party, not all phases or timeframes are a same, pronounced Wee.
MORE TO COME
Ingat tak pembohongan LGE pada rakyat miskin?
"Low culture" Najib tries to claim credit for Guan Eng's Johor apology:
Prime Minister Najib Razak is a ultimate to stick upon a BN bandwagon aggressive Penang Chief Minister Lim Guan Eng for allegedly implying that Johor was not safe. But pundits indicted a PM of being "unpleasant", "uncharitable" as well as "hypocritical" as well as trying to take a rumble from his deputy, Muhyiddin Yassan.
The 58-year-old Najib had upon Friday night indicted Guan Eng of apologizing only since he had no choice.
"We have a recording, that creates it formidable for him to repudiate what he did. If he could repudiate it, he would not have apologised," Bernama reported Najib as saying.
His comments lifted heckles amongst Pakatan Rakyat supporters.
"It is really disappointing, really unpleasant as well as uncharitable of him to contend such things. One would have expected higher standards from a PM. Maybe he felt inadequate compared to Muhyiddin, who was a first to glow off during Guan Eng. Now Najib sees Guan Eng's apology, he wants to cut a excellence from Muhyiddin," Eddie Wong, a PKR maestro told Malaysia Chronicle.
Pakatan leaders additionally pronounced during slightest Guan Eng was "big enough" to apologize, whereas compartment today, Najib had nonetheless to swallow ones pride to a Malaysian people for grouping a police to glow tear gas as well as acid H2O during a Bersih supporters during their July 9 convene for giveaway as well as fair elections. They additionally pronounced Najib should not try to censor behind his proposal to dissolution a ISA since that would be replaced by two brand new laws.
Nasty warlords
Guan Eng was purported to have done a remarks during a Correspondents Club of Singapore luncheon final month. A twin of his speech, expelled upon a Internet, quoted him as saying: "You don't have to worry about your safety when you come to Penang. In Johor, if you have been a Singaporean, you have been expected to get kidnapped."
Guan Eng has additionally pronounced he done a criticism during a private event. While he apologized, he did not admit to creation a remark as well as pronounced he needed time to check in that context he allegedly done a comment.
"Out of respect to a Johor Sultan, we wish to fully apologise to a Johor Sultan as well as his subjects, a people of Johor. we have no goal whatsoever to discredit Johor or any other state," Guan Eng told a press discussion upon Friday afternoon.
The Sultan had pronounced he felt "hurt" by a comments, whilst a organisation of Umno-linked NGOs had in jeopardy Guan Eng. They warned him to stay out of Johor. Deputy Prime Minister Muhyiddin Yassin, who is additionally a Johor Umno chief, had demanded an apology.
Political observers at large believe that a ultimate Umno-led a! ttack ag ainst Guan Eng was a BN ploy to get a Johore people angry with a Pakatan Rakyat forward of snap ubiquitous elections, at large expected to be called in November.
"Apart from doing a right thing, it additionally creates domestic clarity to swallow ones pride as well as nip in a bud any fallout from a incident. But to swallow ones pride is formidable for a Umno warlords to comprehend as well as this may be because they were stumped as well as Najib responded in such a low culture way," pronounced Eddie.
Malaysia Chronicle
OutSyed-the-Box: How to be a Nice Racist
An Act of Dishonour*
In Ahirudin Attans The Mole, Ayu Musa Kamal has regurgitated a Syed Akbar Ali campaign opposite some businesses for employing Chinese.
Caption Competition Entry #1: "Holy F***, we Just Found Out My Old Man Is Actually Piranha from Kerala !"
Both men instil which a Chinese person seeking a pursuit in a private sector is not entitled to be discriminated in her favour by anybody (the shops tangible shareholders could embody Malays, usually Syed assumes otherwise) because a Chinese is of obtuse worth, not even Malaysian. Whereas, however, taste opposite a Chinese, not just by Chinese though anybody, is permissible. It is even implicitly upright generally when a pursuit seeker is situated opposite a Malay; all Chinese have been supposedly richer anyway.
Syed, not distinct most in Umno, know really well how to speak from both sides of his mouth as well as with a split tongue, too. For discrimination, a Malaysian constitution is an open-ended, complete Malay initial extremist job, while The Mole has assimilated in Syeds campaign under this Ahirudin badge: Satu Sekolah, Satu Bahasa, Satu Bangsa, Satu Negara.
But discuss it a Chinese: what bahasa would which be? Or bangsa? Premised in Ahirudins evidence is that, in a single cou! ntry, ev erything must exist in ones, in a singular. Says who? Why? And upon what basis? Where had he picked up this fallacy? For a single Malaysia try regulating hanyu for satu bahasa as well as usually hanyu?
Ayu as well as Syed want to instead use as well as get divided with their kind of injustice by camouflaging their intent as well as deceit in a Bangsa Malaysia/Anak Malaysia probity language, variously called equivalence as well as non-discrimination. It elicits in spin this kind irrationality in The Mole:
How can we ever shift a mindset. Chinese go to Chinese schools, Tamils go to Tamil schools as well as a rest got to a unchanging school.
Change to what kind of a mindset? A mamaks mindset? Ayu cant even shift his mindset, nor Syed, as well as they design others to shift as well as follow theirs? Their mindsets have been a garland of fascistic thinking: Syed et al originating from Arabia, Ayu Acheh of an Arabian corner of an Indon place as well as Lim Guan Eng from, not Dongsan he disavows Chineseness though his Christian Malacca. Other than skin colour, what separates them morally? It will surprise Syed to know, really little, which explains because a DAP currently sleeps with PAS as well as Anwar.
What had kicked off a Ayu/Syed campaign was this, below, which initial appeared in OutSyed a Box:
Hi Mr Syed, we want to share with we some photos i snapped in One Utama last week (23 Sept 2011). Im not looking for jobs, though just we do window shopping a alternative day. Well, a windows have been intoxicated with pursuit opening which is no doubt, an open taste to a rest of malaysian people. we usually took 3 pictures, though i assure we there have been about 3-4 shops which post this sort of ads. we guess a emporium owner suspicion each alternative race alternative than Chinese have been crooks .
Her! e is a p hoto:
Not usually is a unknown complainant (above) likely to be a crook, which person is a liar, substituting ethnic welfare for criminality.
Unless he is wholly stupid, which isnt improbable, Syed of march can see a complainants spin, though because would he still take it is a campaign rising pad? His own answer in dual paragraphs:
You cannot just contend Bangsa Malaysia, Lets mislay a Race requirement upon all Government forms as well as afterwards spin a blind eye when a shops in One Utama blatantly advertise Chinese Only. The pomposity is as well viewable lah. And we want to discuss it Ibrahim Ali which he is wrong in this matter?
I hope those shops take down those signs saying Chinese Only. It is not a good thing to say. On a a single palm we want a Government to mislay a Bangsa upon all application forms. On a alternative palm we put up these things. Haiyya so viewable a single mah.
Note a last line: patting his own shoulders, thinking he is really clever, an additional Allahs gift to mankind.
But those dual paragraphs have been Syeds own self-confession. To get during a people he despises as well as who he would distinguish opposite since half a possibility people similar to Haris Ibrahim, a Bangsa Malaysia/Malaysian First, as well as a all-are-equal, non-discrimination types, he would collect upon a Chinese.
Again, a picking upon a Chinese because where in a emporium window does a hirer says he or she is for Bangsa Malaysia?
Haiyya, says Syed, so viewable a single mah. Yes, viewable indeed, as well as which additionally Syed cannot see. You bodoh ke? Or blind?
And it was not even Syeds money, in dinar currency, thats during stake. That money belongs to a employer, his customers, his business, so what is it to a
For cases of injustice as well as discrimination, Syed doesnt collect upon a Islamic affairs dialect in Selangor (all Muslims) nor a Malay Regiment (all Malays) nor Utusan Malaysia (all Malays), nor Petronas nor a Immigration Department. And he knows because he cant as well as mustnt.
Which is to indicate that, similar to Ibrahim Ali whom Syed excuses for a mans racism, as well as similar to Ayu, he has polished his injustice though giving it away. An Anak-Malaysian injustice which favours a Malaysian first, who is Malay, is implicitly acceptable they would even contend it is inherent whereas a Malaysian (who neednt even be Chinese) favouring a Malaysian Chinese is discrimination.
The outcome of this contortion? Syed says, be racist, usually dont be hypocritical. Be hypocritical, though dont be too blatant. Act discriminatory, he adds, usually do it nice.
Theres a Chinese phrase to characterise people similar to Syed as well as Ayu: sipilailian. Know what which means, Syed?
Next time we want to take upon Haris Ibrahim, go straight to a man instead of acting yellow, a chicken, regulating as well as hiding at a back of a Chinese with your probity song as well as dance taken from Haris who in spin had stolen it from the orang putih. Your intent, justifications as well as end exhibit your dishonour to a Melayu name, showing we have been never to be trusted.
Over as well as over again numerous Umno Malays (with similar ones in Pakatan) collect upon a Chinese who, today, have had sufficient of people similar to you. Bangsa Malaysia/Malaysian First is in complete tatters, destroyed by a own internal contradictions; youre flogging a passed horse, Syed. (Do we still hear Hannah Yeoh articulate about her Sham anak, or her progressing threat to sue a NRD?)
The shops right away know what to do with their vacancy posters; they were be! ing naiv e. Chinese-only could have been for specific jobs, not company wide. Would we hire a evangelist Thomas Lee to inform for a Syaria courts? Why wouldnt a Chinese emporium hire Malays if a Malay move in more business as well as profit? After all, Petra Kamarudin, your alternative half-Melayu, says Chinese have been interested usually in money.
There is a wider, existential issue here. (Know a word existential, Syed?) It probably had never occurred to a hirers those posters would be construed as acts of taste or injustice hence a strong contemptuous nature of a display.
Racism as well as taste have been concepts which originate with as well as have been lodged in a Arab as well as white mans minds. Innocence thereof is a tangible Chinese mind (and alternative local Asian cultures as well), in case which Sak Mongrel of Umno wants to know.
But no thanks for a biblical lesson, Syed; we have just taught a shops what to do as well as what to demeanour out for at a back of a doors of a talk rooms. Now, fuck off as well as demeanour after your own longkang, boy.
*****
*Endnote: This post goes with warm, fraternal greetings to Ahirudin Attan. You can right away take down a links as well as nobody can fault you.
Soi Lek should not be BN candidate because of sex scandal, says Tee Keat
KUALA LUMPUR, Sept thirty Former MCA boss Datuk Seri Ong Tee Keat has pronounced his inheritor Datuk Seri Dr Chua Soi Lek is not a "winnable candidate," indicating out which a former illness minister's 2007 sex liaison will be a major liability in a ubiquitous choosing expected to be called soon.
Dr Chua, who deposed Ong as MCA trainer in a querulous power onslaught eighteen months ago, has nonetheless to confirm his own candidacy despite revealing this week which multiform current leaders will not run in a coming polls.
Rumours have been swirling since Feb which Ong(picture) will also be forsaken but a Pandan MP told The Malaysian Insider in an interview this week which Dr Chua's 2007 sex video liaison will go on to plague a MCA boss as well as Barisan Nasional (BN).
"Is he a winnable candidate? we do not consider a Malaysianpublic can accept him. Of course, he wants to run. He has been saying 5 groups want him to competition as well as most including him will contend which personal bungle or immorality is no forgive to deny him a right to contest.
"But they have been not deep-diving in to winnability. If he were to contest, it will be an poison exam of a values of a electorate," Ong said.
Dr Chua stepped down as illness apportion as well as MCA vice-president in 2008 after revelation he was a man featured in a secretly recorded video which showed him carrying sex with his lover.
But he made a quip later to win a party's deputy presidency after a MCA's top dual leaders resigned due to its bad showing in Election 2008. The party won only 15 of 40 sovereign as well as 31 of 90 state seats it contested.
The party subsequently sacked Dr Chua in Aug 2009 over a sex scandal, sparking an extraordinary ubiquitous me! eting wh ere a vote of no confidence in Ong was passed.
Dr Chua became MCA boss in March 2010 in fresh elections where he saw off Ong as well as former boss Tan Sri Ong Ka Ting.
The MCA binds what is expected to be its final ubiquitous assembly this week end prior to sovereign polls have been called.
But despite carrying three presidents in as most years, a party has seen Chinese support go on to cringe in by-elections.
Some analysts pronounced which a Tenang polls hold earlier this year saw only eighteen per cent of Chinese voting for BN.
The Malaysian Insider understands which comparison BN component Umno has created off Chinese support for a subsequent ubiquitous election, awaiting no some-more than thirty per cent of a community's backing.
Ong pronounced in a interview which "MCA members need to ponder on because there have been question marks over either a boss himself is starting to contest" as this was an indicator of a party's aptitude to a public.
Indonesias relentless jihadists Bilveer Singh
OCT 1 Since 2000, Indonesia has been a steady aim of jihadi bombings. The latest bloodshed occurred in Solo final weekend, where a sole self-murder bomber blew himself up in a fully packed church.
At around 11am upon Sunday, whilst mass was being hold during a Kepunton Bethel Church, Achmad Hayat detonated a bomb, murdering himself as well as a young worshipper. More than 25 were injured, in Indonesia's second self-murder bombing following April's blast during a mosque in Cirebon.
The Solo bombing was Indonesia's fourth of a year. The following day, an additional explosve was found nearby a church in Ambon, sparking fears of sectarian assault in a region.
There have been a number of probable motives. The bomber Achmad was partial of a Cirebon group, that had carried out a mosque bombing in punish for a police killings of jihadists during an Aceh training camp final year. Achmad may have had links with JAT, led by Solo-based minister Abu Bakar Bashir. There have been several other probable links, among them, a September 11 Ambon dispute sparked by a genocide of a Muslim motorcycle cab motorist in a Christian area.
As in Pakistan, Afghanistan as well as Iraq, Indonesia demonstrates a great success of jihadi leaders in recruiting followers. This includes many who have been rebuilt to commit assault as well as die in a process. While self-murder bombing is a brand brand new phenomenon, many factors insist a successive flow of jihadists in Indonesia.
Studies uncover that jihadists have been not born. There is a process, a designed transformation of people in to "killing machines". Essentially, jihadists have been grievance-ridden people who resort to assault to achieve their goals. It customarily begins with an individual with various crises as well as in quest of an identity. Such people tumble easy prey to "entrepreneurs" who talent-spot them.
The second proviso involves a construction of shared worldviews. This can take place in a mosque, eremite classes,! chat ro oms or even meetings with eremite teachers (uztads). This is when joining of ideas takes place, generally with regard to Aqidah, a faith in eremite concepts. Indonesian jihadists believe that only a sharia-based Islamic state would compromise a multiple crises confronting a country.
The growth of exclusivity is a subsequent phase. As ideological grounding is intensified, a organisation starts to separate from a original fellowship, perceiving a latter to be religiously weak. This is when a idea of "we have been all a same though I am higher to you" solidifies. The rise of racism as well as organisation oneness have been a main outcomes.
The fourth proviso is a routine of takfiryyah. This is when a organisation labels others as infidels. The infidels can be Muslims as well as non-Muslims. Through takfiryyah, a purity of a organisation is confirmed by observing in advance practices as well as interpretations of a holy texts.
Finally, a idealisation jump is taken when a individual's idea complement is transformed in to action. This involves a operationalisation of what a organisation believes in, together with murdering others as well as dying for causes they believe will consequence them martyrdom.
In short, a jihadi is a sum total of a exposed individual who is receptive to twisted eremite beliefs one justifying hatred, sectarianism as well as assault that is hidden by a determined controller with transparent domestic designs. The end game, though couched in eremite terms, is domestic power.
For Indonesia, jihadisation has been a slow-burn process. While a state is seen to be taking action opposite separatists in Aceh or Darul Islam, or militant groups such as a JI, in actuality, in advance beliefs has been infiltrating Indonesia upon a relentless basement for a prolonged time.
Being a largest Muslim state, it has been a small box of ideological penetrations from a Middle East, both positive as well as negative, for many centuries. However, a infusion of in adva! nce Isla m is relatively new. In new years this has been undertaken through publications, CDs, DVDs as well as now, a distorted cyberspace.
There have been additionally critical face-to-face interactions with in advance preachers in Indonesia as well as abroad. Many Indonesian eremite teachers have been based in in advance institutions abroad. There have been additionally thousands of Indonesian students studying in institutions in Saudi Arabia, Egypt, Pakistan as well as Yemen preaching hardline interpretations of a Scriptures.
To retreat a waves of in advance ideology's penetration, a whole-of-government as well as whole-of-society approach is imperative. Otherwise, a new, rather frightening domestic emergence would arise in Indonesia.
Intensive efforts during de-radicalisation must be implemented in schools, in advance publications as well as materials monitored, as well as a scold interpretation undertaken of a Holy Scriptures in a benefaction day context.
There is most a assuage elements in Indonesian multitude can do to promote pluralism. In particular, a dual largest Muslim organisations, Nahdatul Ulama as well as Muhammadiyah, must lead in this process. The supervision additionally needs to monitor a educational curriculum in public schools, a pesantrens as well as madrassahs. The rise of self-radicalised extremists too needs to be countered.
This cannot be finished overnight. More Solos as well as Cirebons can be approaching in a nearby future.
The onslaught opposite extremism as well as terrorism is a long affair, requiring a decade or dual to bear fruit. Only afterwards will a belligerent change opposite a jihadists. While various supervision legislations as well as counter-terrorist bodies such as a BNPT have finished well, most more needs to be done.
Solo, just as Cirebon, was an additional wake-up call that for Indonesia to break out of a "arc of jihadi bombings" to that it belongs, along with Pakistan, Afghanistan as well as Iraq, there is most it ne! eds to d o in sequence to turn a "zero terrorism" resilient, assuage Islamic nation. Today
* Associate Professor Bilveer Singh is behaving conduct of a Centre of Excellence for National Security, S. Rajaratnam School of International Studies, Nanyang Technological University.
* This is a personal perspective of a writer or publication. The Malaysian Insider does not validate a view unless specified.
City slickers raring to show some true class
OCT 1 Will life return to normal this week end as Manchester City travel to Ewood Park to face Blackburn Rovers tonight (10pm, live upon StarSports, Channel 813 upon Astro)?
I consider it will as there have been no blood-sucking elements during a training ground.
The Manchester City players must be heaving a sigh of relief now that Carlos Tevez has eventually committed a idealisation crime in football, as well as is confronting a due low mark for his misdeed.
This spells trouble for Blackburn Rovers yet as they could turn gunnery unit fodder, especially after a limp performance opposite Newcastle United final weekend, starting down 3-1 as well as carrying a man sent off too.
While Man City try to brush off any effects of a Tevez saga, their co-leaders during a tip of a English Premier League (EPL) will be during a same time welcoming Norwich City to Old Trafford (10pm, live upon ESPN, Channel 812).
Alex Ferguson will certainly be perfectionist a purify sheet opposite Norwich City after a debacle of conceding 3 goals opposite Swiss side Basle in their mid-week Champions League encounter, let alone a giveaway header given to Peter Crouch for Stoke City's equaliser final Saturday.
Manchester United must block a holes in that defence as well as keep a robbery Canaries during bay. Norwich would be a idealisation exam for a leaky MU side!
Okay, usually kidding yet a knighted a single will really blow a fuse if Norwich is authorised to even breathe upon David de Gea.
They have adequate strength as well as good cover upfront but, hopefully, Ferguson does not have a same tactical mistake pas committed opposite Stoke.
The physical education instructor should have brought upon immature Danny Welbeck with his energy, pace as well as enthusiasm instead of Michael Owen, to reinstate a harmed Javier Hernandez.
When we have Dimitar Berbatov upon a pitch, we need an additional striker who is peaceful to run his heart out. So, carrying Berbato! v as wel l as Owen upon a representation together, in my opinion, blunted United's attack as well as authorised Stoke to come back.
Another span of blue as well as red rivals will not be meditative of alternative teams in a joining this week end as they clash in their famous city in a early kickoff during 7.45pm (live upon ESPN).
Yes, a Merseyside derby takes us to Goodison Park as well as David Moyes might still deploy a same defensive tactics as he did opposite Man City final Saturday.
Although a feeling is that Moyes could well confirm to put Liverpool underneath vigour to exam a already uncertain defending.
The Reds defence has to be put to a sword if Everton want to salvage a little credibility after final weekend.
Another local derby, upon Sunday (11pm, live upon ESPN), sees what could certainly be a story of a weekend.
Playing during White Hart Lane, a assured Spurs group will come up opposite a Gunners, utterly maybe a group underneath a most vigour now in a EPL.
This could well be a tall scoring pull yet Spurs look in good form.
After a heavy losses in their initial two matches of a deteriorate 5-1 during home to Man City as well as 3-0 divided to MU they have confirmed a commendable run of winning 3 upon a trot, including that trouncing of Liverpool during home.
Emmanuel Adebayor has come into a little good form for his latest club, as well as this will greatfully a Spurs true as he is expected to score opposite his much-hated former bar as well as local rival, Arsenal, after doing a same during Man City final season.
I am certainly looking brazen to watching this compare some-more than any alternative this weekend, personally as well as professionally speaking.
Meanwhile, a bar that is flying underneath a radio detector during a moment is Newcastle United, whose physical education instructor Alan Pardew deserves credit for a club's dominant start to a season. They have been a single of 4 with that distinction up to Week 6 of! a EPL.< /p>
There has been a slow evolution during St James' Park, with Joey Barton as well as Kevin Nolan withdrawal a bar as well as transposed by a likes of Yohan Cabaye, who for me is an improvement.
Last weekend's hattrick hero Demba Ba, who is additionally a brand new signing, is a physically clever player, as well as he looks to be an asset for Newcastle's style of play.
I consider they can say their good form, yet we have concerns about their defensive cover if bar captain Fabricio Coloccini or Steven Taylor were to be harmed for some-more than a week or two during such a long season.
With Hatem Ben Arfa set to return to full fitness, we consider a high-flying Magpies should finish absolutely between 8th as well as 12th in front of come May 2012. Their exam of resilience continues during Wolverhampton Wanderers tonight.
The alternative group not from Manchester that has surprised critics by superfluous dominant this deteriorate is Aston Villa.
Villa, who fool around Wigan Athletic during home tonight (10pm, live, Channel 817), have yet to lose a Premier League diversion so far, yet Alex McLeish's group have drawn 5 out of their initial 6 joining games, that is hardly moving form.
Enjoy a football, folks!
* The views voiced here have been a personal opinion of a columnist.
Understanding exchange traded funds Carmen Lee and Lim Siyi
OCT 1 Equities have gifted a highly volatile eventuality this year. In Aug alone, a Straits Times Index fluctuated about 17 per cent from a month's tall of 3,227 to a month's low of 2,681.
This sensitivity was a outcome of a uncertainty in a tellurian environment where multiform distinguished themes continued to drag down marketplace sentiment, together with a slowdown in a United States as good as a euro zone. The dimmed investment perspective has led to an outflow of supports out of Asian equities with many countries experiencing a net outflow of supports this year, together with in Singapore.
With a muted perspective ahead as good as a widely expected lifeless performance of tellurian equities this year, have been exchange traded supports (ETFs) expected to suggest a similar or different outcome?
ETFs have been open-end index supports as good as can be traded like bonds upon many exchanges. ETFs gained recognition in a final couple of years as they concede investors to gain bearing to different markets, line as good as sectors. According to Blackrock, a size of a marketplace has grown rapidly from around US$ 105 billion (RM325 billion) in 2001 to some-more than US$ 1.4 trillion in July.
In Singapore, there have been 84 listed ETFs. Of these, a iShares MSCI India as good as SPDR Gold Shares have been a many actively-traded ETFs. The former offers an bearing to a India marketplace as good as a latter as a name suggested offers an bearing to gold. These instruments have been popular proxies to both, given a limiting nature of investments in India as good as a relatively tall cost of owning physical gold.
Recently, there has been augmenting attention upon fake ETFs, generally in perspective of a some-more difficult structures of these instruments as good as a key facilities as good as risks.
How fake ETFs work
Synthetic ETFs involve a make make make use of of of of derivative instruments, which is, barter contracts where a bench! mark ind ex earnings have been obtained in exchange for possibly money payments or a earnings of a apart basket of bonds paid for by a manager. The ETF provider obtains money investments/subscriptions from investors in a first marketplace as good as uses a money to compensate a barter counterparty upon a subscription basis, in exchange for a earnings of a directed towards benchmark index. The ETF provider afterwards issues ETF shares to a financier in proportion to their investment amount.
To lessen counterparty risk as good as to minimise it to a pre-determined level for example, 10 per cent of net asset value, a barter counterparty has to post material which is pledged to a ETF. In a eventuality of a default, a material is protected as it is ring-fenced divided from a barter counterparty's creditor claims. The ETF will afterwards explain a material as good as make make make use of of of it to reimburse investors.
Another unfolding is one where a ETF physical education instructor purchases a apart basket of bonds in a open marketplace as good as exchanges a earnings for a earnings of a directed towards benchmark index. The basket of bonds paid for by a ETF is agreed upon under a set of "Investment Restrictions" listed in a handbill so investors will know what sort of investable instruments have been acceptable.
Benefits of fake ETFs
Most European ETFs occupy a make make make use of of of of fake riposte as good as will make make make use of of of possibly scenarios described above. The biggest good is a "zero" tracking error (less fees as good as expenses) since a index earnings have been betrothed by a barter counterparty. It also allows access to a far-reaching range of bonds which have been difficult to trade, as good as ETFs using these methods have been easy to develop as good as to bring to markets.
Risks of fake ETFs
As a index earnings have been contingent upon a barter counterparty fulfilling a obligation, a ETF is subject to co! unterpar ty risk. To lessen these concerns, there have been mechanisms in place to strengthen ETF investors from events of counterparty defaults.
While these mechanisms help to strengthen ETF investors in a eventuality of a single counterparty default, there still exists a possibility, although remote, which multiform counterparties, such as investment banks, could fail during a same time. Should this worst-case unfolding occur, it might potentially pose critical contamination as good as systemic risk to a monetary markets, over ETFs.
In such an event, a material pledged by these counterparties will be seized by a Trustee to strengthen a ETF. However, a investors might still be receptive to losses, generally if a values of a material decrease as a outcome of broad marketplace sell-off reactions to these bank defaults. ETFs have been ultimately participants in a broader market, as good as whilst ETF material management has developed to lessen risks, no devise is though flaws as good as ETF investors could potentially remove their entire investment value.
Understanding a risks involved is key
Synthetic riposte might have a flaws though investors should not focus only upon a disastrous aspects as good as worst-case scenarios. Instead, they should explore, teach themselves as good as assimilate a swap-based ETF make up as good as a reserve nets in place prior to last if such an investment vehicle is befitting for them as good as their risk-tolerance levels.
A as well as point from a recent critique is which it has speedy ETF providers to be some-more stirring with their index tracking methodologies as good as risk management procedures. Current guidelines like which of UCITS have been aimed during on condition that a tall as good as consistent customary for ETF issuers to adhere to, as good as advertently push them to even higher levels of avowal as good as transparency.
Given a complexity as good as risks involved with ETFs investment, you suggest investors ! to entir ely assimilate a investment methodology, risk management policies as good as benefits of ETFs prior to investing in these products.
* Carmen Lee is a head of OCBC Investment Research as good as a part of of a OCBC Wealth Panel. Lim Siyi is an investment researcher during OCBC Investment Research.
* This is a personal perspective of a bard or publication. The Malaysian Insider does not validate a perspective unless specified.
Customs foils bids to smuggle RM2.8m drugs at KLIA
KUALA LUMPUR, October 1 Customs officers yesterday foiled bids to filch RM2.8 million value of drug during a Kuala Lumpur International Airport.
They found ketamine in 3 suitcases of passengers arriving on a flight from Jakarta during 12.30am.
The drug was hidden in packets of cereals in a bags, as well as was spotted when a luggage went though a scanning machine.
Customs Narcotics Branch deputy director Liah Omar pronounced a drug, weighing 30kg, was value RM300,000, Bernama Online reported.
Two men as well as a woman elderly between thirty as well as 40 were subsequently detained.
In a second incident, Customs found Ecstasy bills in a box from Hong Kong with a tab Green Tea that it sent to a Health Department for an import approval check. The pills were value RM2.5 million.
Fifa must tackle the evil of agents
The Swerve - How the World Became Modern - By Stephen Greenblatt - Book Review
History can be fatal to literature. Aeschylus wrote 80 or 90 plays, as well as Sophocles 120, nonetheless you have only 7 of each. Didymus Chalcenterus of Alexandria reportedly wrote 3,500 books; not a single exists today. Between exemplary antiquity as well as us, there has been a hecatomb of words. They have been burned, thrown away, mislaid to mold or pulverized. They have been rubbed off so which vellum as well as papyrus could be reused. Bookworms have eaten them by a dictionary-load.
Among a functions which survived though usually only is a single so beautifully created as well as so uncannily prescient which it seems to come to us out of a personal dream. Titus Lucretius Carus' "De Rerum Natura," or "On a Nature of Things," is a 7,400-line poem in Latin hexameters created in a first century B.C. It covers philosophy, physics, optics, cosmology, sociology, psychology, religion as well as sex; a ideas in it shabby Newton as well as Darwin, between others. Yet Lucretius roughly went a approach of Didymus. In "The Swerve," a well read historian Stephen Greenblatt investigates why his book scarcely died, how it was saved as well as what its rescue means to us.
About Lucretius himself, you have little more to go on than a lurid story told by a fourth-century church father St. Jerome: which he was born in 94 B.C., went insane as a result of a love refreshment as well as killed himself during 43. We can add which he was a disciple of Epicurus, who lived 250 years earlier, as well as as a result of a even earlier Democritus, whose speculation of atoms underlay Epicurean ideas. (The original texts of both philosophers also didn't have it, as a surgeon competence say with a unhappy shake up of a head in a TV drama; you know them usually secondhand.)
Democritus suspicion which everything was done of element particles, as well as Lucretius took which as his starting point. Such "atoms," he wrote, have been infinite as well as eternal; no a single done them, ! zero can destroy them. They hurtle by a universe, not in straight lines which approach they could never mixed up together to form objects though with a minuscule "swerve" or "clinamen" in their trajectory. Veering slightly off course, any atom bumps in to other atoms as well as clings or entwines with them for a while; later, their snake carries them divided again.
Humans have been done of atoms too, including a souls. If gods exist during all, they have been unfeeling in us. We have been free, released by a unpredictability of a swerve, as have been all living things. We have been all connected, as well as when you die, a atoms go off to stick on other atoms elsewhere. Death is usually dispersal; there is no need to fright any afterlife, or fuss spells as well as prayers to absent deities. We do improved to live by a elementary Epicurean law: Seek pleasure, equivocate pain. This does not meant indulging ourselves gluttonously, though cultivating satisfaction whilst avoiding a dual greatest tellurian delusions: fright of what you cannot avoid, as well as enterprise for what you cannot have. One extraordinary territory describes a frenzies of lovers, who empty themselves futilely trying to possess a single another. The dear regularly slips away. Instead, you should step off a circle as well as anticipate a universe as it is which brings a low clarity of wonder, rsther than than small resignation or gloom. "What tellurian beings can as well as should do," as Greenblatt summarizes it, "is to knock out their fears, accept a fact which they themselves as well as all a things they encounter have been transitory, as well as welcome a beauty as well as a wish of a world."
It was an attractive philosophy, exquisitely expressed, as well as a few decades after Ovid eager which "the verses of sublime Lucretius have been destined to decay usually when a single day will entrust a universe to destruction." A universe without Lucretius seemed unthinkable nonetheless which was only what scarcely ensued. All anc! ient cop ies vanished, except for a few charred bits in a living room during Herculaneum. Some medieval copies circulated, though these as well mostly lapsed from neglect or counsel destruction, for Epicurean philosophies were uncongenial to Christianity. At last, in 1417, substantially in a southern German Benedictine abbey of Fulda, a single wandering ninth-century duplicate held a eye of a Renaissance book hunter from Italy, Poggio Bracciolini.
Sarah Bakewell is a author, many recently, of "How to Live: Or, A Life of Montaigne in One Question as well as Twenty Attempts during an Answer."
The Rogue - Searching for the Real Sarah Palin - By Joe McGinniss - Book Review
Sarah Palin's scurry from Wasilla housewife to inhabitant domestic prodigy may have no parallel in modern American politics, yet Joe McGinniss's book "The Rogue: Searching for a Real Sarah Palin" proves which she didn't come out of nowhere. God gave Palin her initial pull toward governing body when she was a tiny twenty-four years old, as her devout coach Mary Glazier explained during a eremite conference in June 2008.
"God began to speak to her about entering politics," McGinniss quotes Glazier. "We began to urge for Sarah. We felt she was a one God had selected."
Palin apparently had a Lord upon her side when she won a initial of dual terms upon a Wasilla City Council in 1992, when she won a initial of dual terms as a mayor of Wasilla in 1996, as well as ultimately when she won a governorship of Alaska in 2006. God seems to have been AWOL from her debate in 2002, when she mislaid a race for major administrator by a hair.
Palin doesn't discourage speak about a role divine involvement has played in her personal as well as domestic progress. "My life is in God's hands," McGinniss quotes her observant in 2008, after a McCain-Palin sheet went down. "If he's got doors open for me . . . I'm going to go through those doors."
If God is a doorman, consider of Joe McGinniss as a bouncer, we do his best to reject Palin from a domestic bar as well as boot her behind to Wasilla. Drawing upon scores of interviews as well as saturated readings of contemporary Alaskan history as well as journalism, he assembles a mural of Palin as a daffy yet savvy megalomaniac who excels during gripping herself in a open eye a Christ-drunk Paris Hilton of politics, if we will. He concludes his book by comparing Palin's domestic gyrations to a "lap dance" as well as her career to "a freaky sideshow achieved upon a fair midway" until John McCain remade her "into what most still seem to see as a biggest uncover upon earth" by selecting her as a running mate.
McGinniss's animus for Palin courses through each page, creation "The Rogue" allied to alternative book-length domestic tiny axe jobs similar to Dwight Macdonald's "Henry Wallace: The Man as well as a Myth," Victor Lasky's "J.F.K.: The Man as well as a Myth," Anthony Summers's "Official as well as Confidential: The Secret Life of J. Edgar Hoover," Roger Morris's "Partners in Power: The Clintons as well as Their America," Kitty Kelley's book "The Family: The Real Story of a Bush Dynasty" and, of course, McGinniss's progressing effort, "The Last Brother: The Rise as well as Fall of Teddy Kennedy."
To call a book a tiny axe pursuit is not indispensably to disparage it. Some subjects can't be fairly rendered in a fair as well as offset sketch, demanding instead a discolouration which Lucian Freud brought to portraiture. That said, a smartly swung pointy blade creates for improved well read blood competition than a butt-end bludgeonry McGinniss visits upon Palin as well as her husband, Todd. McGinniss begins to lose carry out of his tiny axe when he claims which unnamed adults recall Palin's reign as mayor as "nothing reduced of a reign of terror" as well as which "a tiny minority" of people he talked to fright which a "vicious as well as vengeful" Palin can still retaliate her critics, even yet she binds no domestic bureau today.
O.K., Mayor Palin fired a bunch of city employees, yet she had each right to do so. She additionally gathering out alternative government workers she disliked; leased a fancy S.U.V.; hassled a city librarian about gay-frien! dly book s in a library's collection; deafened herself to her critics; as well as generally bullied her way around Wasilla as well as later Juneau, where as administrator she pressured officials to fire her former brother-in-law from a state police. (McGinniss assesses Palin's governorship in a backhanded way, essay which her guileless vice-presidential debate "destroyed her forever in Alaska.") But Palin's overbearing ways frequency have her an Alaskan Il Duce. Had she been intelligent sufficient to garb her administration department in a normal denunciation of domestic "reorganization" as well as soft-pedaled her attempts to curate during a library, maybe a Wasilla adults who talked to McGinniss would recollect her with a kind of grudging apply oneself some New Yorkers extend to Rudy Giuliani, another pushy, imperious as well as tone-deaf politician.
The classic tiny axe pursuit overrelies upon unnamed sources since a truth doesn't always permit attribution when spoken. But even tiny axe jobs contingency take care to have unnamed sources a raisins in a cake, not a baked sweat bread itself. we counted during least 50 unnamed sources dishing to McGinniss in "The Rogue," which is a lopsided comparative measure in a book that's usually 321 pages long. These anonymice tell us which a Palin children are foulmouthed as well as feral as well as drug hounds, which Todd Palin has expel his line as well as caught most a woman whilst operative during his family's fishing business in Dillingham, which Sarah suffers from impassioned mood swings, which a Palins appear to have partaken of cocaine, which a Palin marriage was of a shotgun variety as well as is right away bloodless as well as stroppy, as well as which Todd does all a parenting. ("She couldn't do grilled cheese. She'd bake water," one indistinguishable source says.)
One person McGinniss does get upon a jot down to have some headlines is Glen Rice,! a late- 1980s University of Michigan basketball star, who doesn't quarrel with McGinniss's anticipating which he had sex with Palin in 1987, when he was personification in an Anchorage contest as well as she was operative upon a sports desk of a local television station. Knowing he's strike publication gold, McGinniss showcases his find upon Page 25. "So we never had a feeling she felt bad about carrying sex with a black guy?" McGinniss asks Rice after reporting dual pages progressing which "people of color" made Palin nervous during a time. "No, no, no, zero similar to that," Rice says, simultaneously entrance off as a cad as well as a gentleman. "She was a gorgeous woman. Super nice. we was blown divided by her. Afterward, she was a large crush which we had. we talked about her for a prolonged time. Only great things." An unnamed Palin friend tells McGinniss which Sarah "freaked out afterward. Hysterical, crying, totally flipped out. The thing which people recollect is her freakout, how completely funny she got" since she had had sex with a black man.
It's excellent for a tiny axe artist to rest upon self-reference to have his points, yet it's never correct for a author to pay an excess of attention to himself as opposed to a subject, as McGinniss does. As most Palin observers know, McGinniss had a great happening to measure a rental fifteen feet from Sarah as well as Todd's Wasilla home from which to research his book. This made him a customer of outrageous publicity, both positive as well as negative, when a Palins overreacted to his presence by fundamentally pursuit him a stalker. McGinniss lards his book with a fallout from a argument a regressive talk-show denunciations, a Palins' sniping, potential death threats, a proof of support from Alaskans who thought, reasonably, which he had a right to live where he longed for to live but unequivocally advancing a story. (Disclosure: we applauded McGinniss's location, location, place moxie in my Slate column during a time. I've additionally cor! responde d with him multiform times over a final few years, yet we have never met him.)
By book's end, we felt a small similar to a Palins fervent for McGinniss to move out of my neighborhood. He establishes which Sarah Palin's ambitions dwarf her talents, which she's a world's oldest meant girl as well as which she has a bent to become a guilt to even her closest allies. But no tiny axe pursuit was needed to remonstrate an normal reader of that. The usually fresh meat McGinniss cuts in "The Rogue" is connected to his knuckles.
Jack Shafer, formerly a media censor for Slate, right away writes about a press as well as governing body for Reuters.
ISA repeal next March, says PM
Speaking to reporters after chairing a Umno supreme council public in Kuala Lumpur this evening, Najib pronounced which time was needed to breeze dual new "replacement" laws.
However, a premier confirmed which 3 Emergency proclamations, and some associated laws, would be carried when Parliament convenes subsequent Friday.
"Next week, I will privately list a suit to lift a country's Emergency," he said.
The dual associated laws which have been approaching to be abolished have been a Restricted Residence Act 1933 and a Banishment Act 1959, which allows restriction of movement but trial.
Najib also suggested which a supervision would be tabling bills to amend Secction twenty-seven of a Police Act 1967, which relates to leisure of public laws, in November.
[More to follow]
The Rogue - Searching for the Real Sarah Palin - By Joe McGinniss - Book Review
Sarah Palin's sprint from Wasilla housewife to inhabitant domestic sensation might have no together in modern American politics, yet Joe McGinniss's book "The Rogue: Searching for a Real Sarah Palin" proves which she didn't come out of nowhere. God gave Palin her initial push toward governing body when she was a mere twenty-four years old, as her spiritual coach Mary Glazier explained during a religious conference in June 2008.
"God began to verbalise to her about entering politics," McGinniss quotes Glazier. "We began to pray for Sarah. We felt she was a a single God had selected."
Palin assumingly had a Lord upon her side when she won a initial of two conditions upon a Wasilla City Council in 1992, when she won a initial of two conditions as a mayor of Wasilla in 1996, as well as ultimately when she won a governorship of Alaska in 2006. God seems to have been AWOL from her debate in 2002, when she mislaid a race for lieutenant administrator by a hair.
Palin doesn't discourage speak about a role divine involvement has played in her personal as well as domestic progress. "My hold up is in God's hands," McGinniss quotes her observant in 2008, after a McCain-Palin ticket went down. "If he's got doors open for me . . . I'm going to go by those doors."
If God is a doorman, think of Joe McGinniss as a bouncer, we do his best to oust Palin from a domestic bar as well as foot her behind to Wasilla. Drawing upon scores of interviews as well as saturated readings of contemporary Alaskan story as well as journalism, he assembles a mural of Palin as a daffy yet savvy megalomaniac who excels during gripping herself in a public eye a Christ-drunk Paris Hilton of politics, if we will. He concludes his book by comparing Palin's domestic gyrations to a "lap dance" as well as her career to "a freaky sideshow achieved upon a carnival midway" until John McCain remade her "into what most still seem to see as a biggest uncover upon earth" by selecting her as a running mate.
McGinniss's animus for Palin courses by each page, creation "The Rogue" comparable to alternative book-length domestic tiny axe jobs like Dwight Macdonald's "Henry Wallace: The Man as well as a Myth," Victor Lasky's "J.F.K.: The Man as well as a Myth," Anthony Summers's "Official as well as Confidential: The Secret Life of J. Edgar Hoover," Roger Morris's "Partners in Power: The Clintons as well as Their America," Kitty Kelley's book "The Family: The Real Story of a Bush Dynasty" and, of course, McGinniss's earlier effort, "The Last Brother: The Rise as well as Fall of Teddy Kennedy."
To call a book a tiny axe pursuit is not necessarily to disparage it. Some subjects can't be accurately rendered in a satisfactory as well as balanced sketch, perfectionist instead a defacement which Lucian Freud brought to portraiture. That said, a smartly swung sharp knife edge makes for better literary red blood sport than a butt-end bludgeonry McGinniss visits upon Palin as well as her husband, Todd. McGinniss starts to remove control of his tiny axe when he claims which unnamed adults recall Palin's tenure as mayor as "nothing reduced of a reign of terror" as well as which "a tiny minority" of people he talked to fear which a "vicious as well as vengeful" Palin can still punish her critics, even yet she holds no domestic office today.
O.K., Mayor Palin fired a garland of city employees, yet she had each right to do so. She also gathering out alternative government workers she disliked; leased a fancy S.U.V.; hassled a city libraria! n about gay-friendly books in a library's collection; deafened herself to her critics; as well as generally bullied her approach around Wasilla as well as after Juneau, where as administrator she pressured officials to glow her former brother-in-law from a state police. (McGinniss assesses Palin's governorship in a obscure way, essay which her guileless vice-presidential debate "destroyed her forever in Alaska.") But Palin's rude ways frequency have her an Alaskan Il Duce. Had she been smart sufficient to clothe her administration in a traditional language of domestic "reorganization" as well as soft-pedaled her attempts to curate during a library, perhaps a Wasilla adults who talked to McGinniss would recollect her with a kind of avaricious apply oneself a small New Yorkers extend to Rudy Giuliani, another pushy, despotic as well as tone-deaf politician.
The classic tiny axe pursuit overrelies upon unnamed sources because a truth doesn't regularly permit detrimental when spoken. But even tiny axe jobs contingency take care to have unnamed sources a raisins in a cake, not a baked sweat bread itself. we counted during least 50 unnamed sources dishing to McGinniss in "The Rogue," which is a unilateral comparative measure in a book that's usually 321 pages long. These anonymice discuss it us which a Palin young kids have been foulmouthed as well as untamed as well as drug hounds, which Todd Palin has expel his line as well as held most a lady while working during his family's fishing commercial operation in Dillingham, which Sarah suffers from impassioned mood swings, which a Palins appear to have partaken of cocaine, which a Palin marriage was of a shotgun accumulation as well as is right away without bloodshed as well as stroppy, as well as which Todd does all a parenting. ("She couldn't do grilled cheese. She'd bake water," a single nameless source says.)
One person McGinniss does get upon a jot! down to have a small news is Glen Rice, a late-1980s University of Michigan basketball star, who doesn't argue with McGinniss's finding which he had sex with Palin in 1987, when he was personification in an Anchorage tournament as well as she was working upon a sports desk of a local television station. Knowing he's strike publication gold, McGinniss showcases his find upon Page 25. "So we never had a feeling she felt bad about carrying sex with a black guy?" McGinniss asks Rice after stating two pages earlier which "people of color" done Palin nervous during a time. "No, no, no, zero like that," Rice says, concurrently coming off as a rascal as well as a gentleman. "She was a gorgeous woman. Super nice. we was blown away by her. Afterward, she was a large vanquish which we had. we talked about her for a prolonged time. Only great things." An unnamed Palin crony tells McGinniss which Sarah "freaked out afterward. Hysterical, crying, totally flipped out. The thing which people recollect is her freakout, how completely crazy she got" because she had had sex with a black man.
It's excellent for a tiny axe artist to rest upon self-reference to have his points, yet it's never correct for a writer to compensate an excess of courtesy to himself as against to a subject, as McGinniss does. As most Palin observers know, McGinniss had a great happening to measure a let 15 feet from Sarah as well as Todd's Wasilla home from which to research his book. This done him a customer of huge publicity, both positive as well as negative, when a Palins overreacted to his participation by basically calling him a stalker. McGinniss lards his book with a fallout from a argument a conservative talk-show denunciations, a Palins' sniping, potential death threats, a demonstration of support from Alaskans who thought, reasonably, which he had a right to live where he longed for to live without really more advanced a story. (Disclosure: we applauded McGinniss's location, location, place moxie in my Slate mainstay during a ! time. I' ve also corresponded with him multiform times over a final few years, yet we have never met him.)
By book's end, we felt a small like a Palins fervent for McGinniss to pierce out of my neighborhood. He establishes which Sarah Palin's ambitions dwarf her talents, which she's a world's oldest meant girl as well as which she has a tendency to turn a liability to even her closest allies. But no tiny axe pursuit was needed to convince an normal reader of that. The usually uninformed beef McGinniss cuts in "The Rogue" is continuous to his knuckles.
Jack Shafer, before a media critic for Slate, right away writes about a press as well as governing body for Reuters.
Australian gov't alerts its AG on Taib's dealings
According to Swiss-based NGO Bruno Manser Funds, Rudd's office had sensitive it of this growth by a minute antiquated Sept 28, following a NGO's Sept 1 complaint.
"Mr Rudd (left)has asked me to reply upon his behalf. Your association has been referred to a Australian Attorney-General's Department for consideration," wrote Department of Foreign Affairs as well as Trade military officer Bassim Blazey.
Blazey, assistant cabinet member of a department's South-East Middle East Division, added which a censure would be viewed severely as it falls underneath UN conventions to which Australia is a party.
"Australia takes its responsibilities underneath a UN Convention Against Corruption as well as a UN Convention Against Transnational Organised Crime severely as well as will go upon to exercise these obligations seriou! sly.
"Thank you for bringing these concerns to a courtesy of a Australian government," he said in a minute finished accessible to a press.
The tracking of Talib's dealings
Blazey had created in reply to a minute mutually sent by BMF executive executive Lukas Straumann, Sarawak Report editor Claire Rewcastle as well as Sarawak PKR arch Baru Bian to Australian PM Julia Gillard.
In their letter, a parties voiced concern which Abdul Taib as well as his family "might have laundered as well as reinvested vast amounts of crime deduction in Australia".
The contingent suspect which Abdul Taib as well as his family may have finished this by family members who are either Australian born, married to Australians or residing in Australia.
They additionally explain which their research shows which "a array of persons compared with (Abdul Taib) are holding significant interests in Australian companies, particularly a skill sector".
The minute additionally cites as evidence a box between Abdul Taib's former help Mohd Fa! rok Abdu l Majeed, who had allegedly left in a center of a justice move against a arch minister's brother, Onn.
The New South Wales justice had awarded Mohd Farok A$ 2.2 million (RM7 million) for delinquent work by his construction association Australasia Pacific Management Pty Ltd, though a Supreme Court overturned a visualisation due to Mohd Farok's non-appearance in justice in 2008.
This, a contingent said, bears "striking resemblance" to a box of Ross Boyert, an additional of Abdul Taib's aide, who was found passed in a Los Angeles road house in Sep 2010, after filing a polite box against companies owned by Taib's family members.
BMF lists twenty-five companies as being related to Abdul Taib as well as his family, by tenure or other ties.
MCLM boss refused entry
Meanwhile, boss of a Malaysian Civil Liberties Movement (MCLM) Haris Ibrahim slammed a Sarawak supervision for stability to abuse its powers in refusing entrance by Malaysians into a state but giving current reasons.
Haris was refused entrance during Kuching airport upon arrival from Kota Kinabalu in beside Sabah during around 5.15pm yesterday.
He was duly escorted to an aircraft back to KL during 7pm.
"I was sensitive by immigration officers, vide a created notice of warding off of entry, that! , pursua nt to territory 65(1) of a Immigrations Act, 1959/63, a state management had, but affording me any reasons, directed which no pass be released to me to come in a state of Sarawak," said Haris (right) in a matter today.
While acknowledging which underneath a Malaysia Agreement, 1963 a state was empowered to handle its own entrance passes, Haris said a state cannot abuse those powers to deny a Malaysian a right, "without furnishing great reason".
Haris was scheduled to verbalise which evening during a Rakyat Reform Agenda forum which MCLM had organized during a Grand Continental Hotel, Kuching.
The forum is partial of a array which proposed off in Kota Kinabalu as well as Tawau upon Tuesday as well as Wednesday respectively.
The entrance ban is a MCLM president's second such experience after being denied entrance upon April thirteen during a Sarawak choosing campaign this year.
MCLM is consulting with its solicitors over their subsequent move upon a matter.
William Kennedy Goes to Cuba and Back
William Kennedy's brand new novel, "Chang's Beads as well as Two-Tone Shoes," is his many low-pitched work of fiction: a polyrhythmic speculation of time as well as a effects upon passion set in three different eras, a jazz square gallant to be successful in a roots as blues or renouned ballad or to turn out in to reduction symphonic territory.
Employing multiple storytelling modes, a book regularly finds a approach behind to Daniel Quinn, a not-so-young-anymore newspaperman in Kennedy's informed stamping drift of Albany, who, since a compromises endemic to which job (hit too tough as well as we remove access, get too close as well as we remove self-respect), is gradually flapping toward a cynical, old-pro objectivity as a political machine which has run a city for decades relates unwashed tricks as well as brute force to conduct an incipient race demonstration in a days after a June 1968 gangland slaying of Bobby Kennedy.
But we've met this Quinn prior to as a tiny child in 1936, deeply influenced as he wakes to a infrequent jam between a walk pianist Cody Mason as well as a upon vacation Bing Crosby (Quinn's father, George, everybody's pal in Albany, provides a piano), as well as we know he's got soul. We've additionally seen him upon a furious hayride in a poisonous Havana of 1957, trade quips with Ernest Hemingway during a Floridita bar as well as descending in adore with a wealthy, quixotic Renata Surez Otero, up to her pleasing neck in a cursed try to assassinate a tyrant Fulgencio Batista. Renata is educated, continuous as well as serious in her devotion to Santeria, with a jealous, flighty gods as well as goddesses.
Much of a stylistic tragedy in a book results from Renata's attribute with Quinn, whose Irish-American fatalism runs counter to her overheated Cuban faith as well as produces exchanges of a snappy, '40s-movie variety. Here's Quinn as well ! as Renat a in their initial genuine conversation, about a dual group she's seeing:
"The shrewd person wants to take me to Europe, though . . . my mother would kill me."
"You adore a anthropologist some-more than a diplomat."
"He needs me more. He's married."
This is not a book a immature male would or could write. There is a sense here of somebody who has seen as well as deliberate much, but letting his middle glow cool. By a time a novel reaches 1968, Quinn's father is starting to trip mentally, though he remains a volatile get-along Irishman he has regularly been, a walking collection of local travel as well as backroom history who lives in a impulse (though not necessarily this moment) with a smile upon his face as well as a song upon his lips. Dressed to waltz, George wanders by a increasingly ominous Albany tenderloin as a demonstration heat builds, totally lost though during home in his memories. He is so appealingly rendered which one awaits his reappearance with a happy anticipation informed from listening to Louis Armstrong records Oh good, we think, here comes Pops with a solo. In one long day George has a romance with a inexhaustible former flame, is wounded, fights a great quarrel but knowing what it's about, cuts a rug as well as doesn't remember a bit of it even as his heart is regularly in a right place.
Familiar song runs by a story, Bing scatting around a lyrics to "Shine" (the public's evolving perspective toward which song becomes a leitmotif), George as well as his Tin Pan Alley standards, a voodoo drums of a santeros as well as a R&B of a struggling African-American community. This culminates in a moving alloy which parallels a character (or styles) of a book when Cody Mason, fatally ill, caps off his farewell appearance with a waltz-time version of "Shine" which gradually shifts:
"He switches keys as well as ups a tempo, only a little, as well as ba-boom goes which left hand, a energy of it, he's upon a ride, 6 choruses a! s well a s counting, feel which beat, beat, beat, which goddamn beat, this is walk upon high, walk a approach it's ostensible to be, shining invention, a bad man can't assistance himself, smothering a song with his gift, bursting it, as well as Quinn's pulse is up as well as cantering, those left-handed arpeggios, a glissando which surprises, as well as he notches a speed upward "
John Sayles, a former resident of Albany, is a author of a novel "A Moment in a Sun," published in May. His 17th underline film, "Amigo," was released in August.
Selangor state seat for Tee Keat, nothing at all for Soi Lek and Tsu Koon?
Amid conjecture which he will be asked to change to a state assembly seat, former MCA boss Ong Tee Keat has come out shooting. And his aim is nothing alternative than his successor Chua Soi Lek, perceived to be a stumbling retard to his domestic ambitions
The love mislaid in in between a dual group is well known. Their attribute is no less than a a single in in between proverbial cat as well as dog, with a quarrel bound to mangle out within minutes of them being in a same room.
Tee Keat, currently a Pandan MP, has from day a single used Soi Lek's sinister past against him when a latter tried to upstage him as well as inveigle his approach in to a foster of a tip Umno leaders.
Their most heated exchanges took place during a 2009 to 2010 period, when a feuding became so rash it plunged a MCA in to disharmony as well as special EGMs had to be called to arrange out a leadership crisis in a party.
It ended with Tee Keat being bumped out after less than 2 years during a helm of a Malaysian Chinese Association. Not startling then, which Tee Keat has harsh words for Soi Lek, who is believed to have insisted which Tee Keat be not fielded in a Pandan subdivision during a next general election, during large approaching to be held in November.
Tossing a round back in to Soi Lek's court, Tee Keat poked low in to his physical condition enemy's Achilles heel - a sex DVD liaison - as well as questioned if Soi Lek could still win in any choosing during all.
"Is he a winnable candidate? I do not consider a Malaysian public can accept him. Of course, he wants to run. He has been saying 5 groups wish him to competi! tion as well as most including him will contend which personal misconduct or filth is no forgive to deny him a right to contest," Malaysian Insider reported Tee Keat as saying upon Friday.
"But they have been not deep-diving in to winnability. If he were to contest, it will be an acid exam of a values of a electorate."
Would Umno brave to risk wasting a chair upon Soi Lek
Indeed, a BN coalition led by Umno is braced for a misfortune formula from a MCA, a second largest member party. In a Apr Sarawak state polls, former Chinese giant SUPP usually managed to cling onto 6 seats out of 19. The voter revolt was so serious which even SUPP's long-time boss George Chan was wiped out in a really subdivision he had serviced for decades.
The MCA which won fifteen parliamentary seats in a 2008 general choosing is additionally approaching to face a similar mauling. Even Soi Lek is not feeling as well optimistic, formulating a plan, which most contend is improved described as hazard to a Chinese community which if they did not opinion a MCA, celebration leaders would turn down supervision posts ! withdrawal a citizens unrepresented as well as therefore vulnerable to bullying by Umno.
Soi Lek was cursed far as well as far-reaching for his threat. In addition to his sex scandal, he is right away seen as domestic fraud as well as most MCA leaders hold which he is even worse than Tee Keat, who notwithstanding his temperatmental as well as fractious nature had during slightest stood up to corruption.
"MCA members need to ponder upon because there have been subject outlines over either a boss himself is starting to contest," said Tee Keat. He had played a large role in getting a PKFZ financial disturbance exposed, anothe! r reason because Umno will not help him to secure Pandan from Soi Lek.
! Selangor state seat
If Umno objects to fielding Soi Lek, for fright of another George Chan debacle, afterwards a MCA boss will find himself in a same company as Gerakan boss Koh Tsu Koon.
The BN press have all though turned a untimely Tsu Koon in to a clown, a bumbling caricature of fearfulness as well as ineptness. The Umno-owned newspapers have insultingly challenged him to name which chair he suspicion he could mount a possibility to win in.
Meeanwhile, notwithstanding nipping down Soi Lek, Tee Keat himself is not in much improved straits. Already Umno groups have staked claims upon his Pandan seat.
"Pandan is impossible for Tee Keat. Firstly, Soi Lek doesn't wish him during all. Then some of a Umno warlords have bargained for it. What we will try to do is to put Tee Keat in a Selangor state seat. if he wins, he will be allocated to a state senior manager council," an Umno source told Malaysia Chronicle.
So from Cabinet apportion to state apportion for Tee Keat, if he wins. Not as well great it might seem, though still much acceptable compared to a 0 which is expected to be dealt out to Soi Lek as well as Tsu Koon.
Malaysia Chronicle
LIM, AGE MUST BE CATCHING UP......
Why? Because he says he creates like a few of them everyday. So it's up to we whether we want to believe Lim when he pronounced that he could not remember if he had taken a dig during Johor during a luncheon in Singapore usually some weeks ago.
To be positively certain Lim wants to get a fasten of what transpired during a eventuality but in a meantime he has apologised to a Johor Sultan as well as his subjects. This Lim did today during a press conference during his bureau in Penang, adding that he meant no ill intent. That's a cliche, to be sure.
By a approach TV3 aired a fasten of what it pronounced contained Lim's remarks during a luncheon but for right away Lim is encountering this, saying that "suddenly a fasten appears....." Don't know if he is suggesting a TV station concocted this but it seemed to indicate exactly that.
What we notice about Lim is he doesn't waste anytime in claiming credit as well as is only as discerning in having a go during his foes. The complaint is he sometimes claims credit where it is due to others. When it's positive to him we can see a heat upon his face, an zeal that comes out of a bloated ego. An gentlemanly leader leaves it to others to store praises upon him.
In this case, even if Penang has a country's best crime index, all a credit is due to a police -- a federal agency over that Lim has no say as well as control.
There's also this little emanate of a demeanour a reparation was done. Under normal resources a chairman would initial ask to be postulated an audie! nce, dur ing that a reparation is made in person. That's a ubiquitous understanding of a mandate of Malaysian protocol.
Guan Eng saves his tongue... for now
As a Malay motto goes, "Cakap siang, pandang-pandang; cakap malam, dengar-dengar". In English, it could mean something similar to "Look prior to you leap".
The Penang Chief Minister eventually apologised to a Sultan of Johor as well as his subjects for 'the adverse remarks' he done about a State during a duty in Singapore recently (here).
"The Sultan of Johor, Sultan Ibrahim Sultan Iskandar, had pronounced he was annoyed by a matter done by me opposite Johor. Out of apply oneself to a Johor Sultan, we instruct to entirely apologize to a Johor Sultan as well as his subjects, a people of Johor. we have no intention whatsoever to disprove Johor or any other state," he said.
Lim, however, did not confess making a matter as well as pronounced he was still trying to fix up ! a reco rding of what he pronounced in Singapore.
I suspicion we have seen as well as heard what he pronounced upon TV3 Buletin Utama a couple of days ago. And we believe millions of Malaysian saw it too.Lim should be blissful that no legal movement is taken opposite him, might be not only yet. A elementary apology might only suffice, he thought. Elsewhere, some parties have been additionally him to make amends to what he pronounced in a Republic.
Some people suggested he should be criminialized from entering Johor for a stipulated period. "If he can palliate himself over a elementary apology, he will do it again... as well as suggest another apology."
Khalid Samad wins defamation suit against Utusan
September 30, 2011
Khalid Samad wins insult fit against Utusan
by Hafiz Yatim@www.malaysiakini.com
September 30, 11
5:32pm
The Kuala Lumpur High Court has found Utusan Malaysia culpable of defame in edition a matter damning of Shah Alam MP Khalid Samad (left). However, Justice Dr Prasad Sandosham Abraham pronounced Khalid was usually entitled to a nominal total as a justice is perplexed over because Bandar Baru Kulim MP Zulkifli Nordin is not named as a defendant.
Justice Dr Prasad Sandosham Abraham pronounced a plaintiff (Khalid) has been successful in proof a statement, that was taken from Zulkifli's blog, was wrong. "The justice rejects a defence of qualified payoff as vital in Malaysia you have to subscribe to a attraction of all races distinct laws in Australia or a United Kingdom," he pronounced in his oral judgment.
"All a defendants' have been guilty of downloading a essay from a blog without checking a essence (on a sensitivity)."
Sandosham has fixed Oct eleven to hear acquiescence upon damages. He pronounced a justice found calling someone as Abu Jahal as well as as a kafir (infidel) is a highest insult in a mind.
In a fit filed final year, Khalid from PAS, named Utusan Malaysia and Mingguan Malaysia organisation editor-in-chief Aziz Ishak as well as a publisher of Utusan Malaysia and Mingguan Malaysia as defendants.
The Shah Alam MP claimed that upon September 11, 2009, Aziz, as a Group Editor-in-Chief for both newspapers, with malice, had allowed a announcement as well as printing of defamatory difference upon him upon a front page of a newspapers.
He addit! ionally claimed that a essay entitled 'Zulkifli bidas Pak Janggut' (Zulkifli admonishes Bearded Man) directly or in a roundabout way referred to him even yet his name was not mentioned.
'Media contingency be sensitive'
Justice Prasad in his visualisation pronounced a essay has to be taken in a full context as Khalid is a MP for Shah Alam. At that time, dual years ago, there was a dispute over a relocation of a temple in Shah Alam.
The decider noted a extensive depart from a principle of "qualified privilege" in a logic that had been mostly cited by a media. "The justice is aware of a fact that you cannot use a logic of a Western courts especially in a United Kingdom, Australia as well as additionally Canada."
"I have to adopt a visualisation made by former Federal Court decider Gopal Sri Ram in that a media should take in to care a sensitivities of other races as well as religions in partial due to a inlet of Malaysia being made up of so many races. We have to take in to care of a sensitivities of a people as well as of different races," he said.
Justice Prasad pronounced a essay contains insult as a justice finds that a media cannot contend they have been practising leisure of speech, leisure of expression as well as leisure of a media as there is a limitation to it.
"In this case, there is some grade of culpability of defame upon a partial of a publisher as well as a defence of qualified payoff is not tenable," he said.
'Why no action upon Zulkifli?'
The decider additionally commented that a justice find it confusing that Zulkifli is not named in a defamation suit. "Why is Zulkifli (right) not sued? Was it because he was in a same party ! (coaliti on) prior to he had left? The plaintiff (Khalid) did not even ask for a removal of a blog posting that should have been done," he said.
"I do not know either this is done accidentally," he said. Justice Prasad informed a parties that he will write a full visualisation upon a issue as well as what he is giving today have been a broad grounds.
Utusan Melayu (M) Bhd, that is a publisher of a UMNO-owned daily, was represented by counsel Mohan Kumar while Azhana Mohd Khairudin appeared for Khalid.
Read More @ Source
Soi Lek swats aside latest Tee Keat attack
Dr Chua sidestepped questions upon his possible candidacy for the subsequent ubiquitous election. File pic
In an talk with The Malaysian Insider this week, Ong pronounced Dr Chua would not validate to competition underneath Barisan Nasional's (BN) stream process of only fielding "winnable" possibilities in the national polls approaching inside of the year.
"I never criticism anything pronounced by Ong Tee Keat. The reason is really simple. He is the most respected personality of MCA, so whatever he says nobody will brave to subject him," Dr Chua pronounced dryly.
"So if he thinks it's the truth, let it be the truth. That's the standard answer all the MCA leaders will give to Ong Tee Keat," he told reporters after rising the Tunku Abdul Rahman College's School of Business Studies 40th Anniversary Celebration here.
When asked if he will be contesting in the subsequent ubiquitous elections, Dr Chua instead refocused the subject upon Ong.
"That, you'll have to ask Ong Tee Keat. My word of advice that I can give to Ong Tee Keat is that prior to we criticism upon other people, there is the Chinese observant that we mount during the mirror as well as demeanour during yourself first.
"How honourable have been you?" he pronounced instead.
Dr Chua, who deposed Ong as MCA boss in the fractious energy struggle eighteen months ago, continues to decline confirming his own candidacy despite divulgence this week that multiform stream leaders will not run in the coming polls.
Rumours have additionally been swirling since Feb that Ong will be forsaken as Pandan MP, as! he grow s increasingly isolated following his better to Dr Chua.
Dr Chua stepped down as health apportion as well as MCA vice-president in 2008 after admitting he was the male featured in the secretly recorded video which showed him carrying sex with his lover.
But he made the comeback after to win the party's emissary presidency after the MCA's tip two leaders quiescent due to its bad display in Election 2008. The celebration won only 15 of 40 sovereign as well as 31 of 90 state seats it contested.
The celebration subsequently sacked Dr Chua in Aug 2009 over the sex scandal, sparking an extraordinary ubiquitous assembly where the opinion of no-confidence in Ong was passed.
Dr Chua became MCA boss in Mar 2010 in uninformed elections where he saw off Ong as well as former boss Tan Sri Ong Ka Ting.
MCA will reason what is likely to be its last ubiquitous assembly this week end prior to sovereign polls have been called.
But despite carrying 3 presidents in as most years, the celebration has continued to bleed Chinese support as seen in new by-elections.
IBRAHIM ALI TURN SECURITY AND LAW CONSULTANT
Ibrahim Ali was reported to have said which he wants future detentions without hearing to bypass a courts as well as instead rely upon a committee with convincing people. He went further to contend which inhabitant confidence goes upon top of tellurian rights as well as freedom of expression. He argued which using a court complement (to deal with ISA cases) will take a long time. His statement is in reference to PM Najib's offer which a ISA will be repealed as well as to be transposed by dual brand new laws. Hishamuddin thinks which Ibrahim Ali's comment is credible, but you contend to a former which you seriously beg to defer.
Look here Ibrahim Ali, what you have been suggesting mirrors what a comrade regime of aged would do to scuttle dissenting voices. Communism is long gone where even a dual largest comrade nations in a universe i.e. Russia as well as China have non-stop themselves out to a globalised world. you am not denying which both a countries does not have 'ISA similar to policies', but what you am observant is which you a nation which was built upon democratic principles should pierce out from any idea of fright of a nation being run over by communist-like elements.
I contend to Ibrahim Ali which any form of hazard ! (be they comrade inspired, secular or eremite threats) cannot tarry in this country. So do not get 'over drive', excited as well as paranoid a impulse you hear someone contend something which receptive to advice anti government. And doesn't Ibrahim Ali know which when a people have been deprived of their simple rights, poverty prevalent as well as abuses rampant, this incident becomes more dangerous which a comrade threat? Look during what happened to a North African Muslim states of recent times. The people revolted as well as threw out their government, as well as do you not wish to sense anything from it?
You as well as you know which a ISA is a colonial bequest meant to better a comrade hazard then. The British saw a need to order such punitive laws because there was genuine earthy hazard from a MCP as well as its sympathizers towards a confidence an! d reserve of a country. With a end of a initial Malayan Emergency as well as a resurgence of a insurgency, a ISA continued to be enforced, as well as rightly so. But a incident currently is so different after a last obey of a MCP in 1989. What you have currently is merely a friction of a genuine hazard faced by us via a Malayan Emergency as well as a period of a Insurgency. Now, even raising eremite as well as secular issues is considered a hazard to inhabitant confidence as well as this demands a ISA to be applied. Words seem to be more dangerous than weapons itself.
I consider Ibrahim Ali's comment as well as offer is dangerous to a reserve as well as confidence of a country, as well as if Hishamuddin does heed to a former's 'advice', you would afterwards ask Hishamuddin to resign as well as have Ibrahim Ali take over a Home Ministry.
CRUSADE AGAINST CORRUPTION
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