Why Malaysia can’t provide “free education”? Here’s a clue

You would think that Malaysia, being ten times larger (and certainly more richer) than war-torn Sri Lanka, would at least make it possible for students who deserve it to obtain free education until the tertiary level. Instead, all sorts of excuses are being made to deny this possible, with the most infantile reason of them […]

RM5,000,000.00 bank note

At the rate the economy is going, would be long before such notes are printed to keep the economy afloat?

Will the US Dollar lose its dominance as the global reserve currency?

This is an interesting feature article from Al-Jazeera: China buys gold, challenges US dollar. It covers information released by Wikileaks over cable transmissions alleging that China is buying gold to weaken the US dollar’s position as the world’s reserve currency. Of interest is this particular passage: Buying gold and allowing the yuan to be traded […]

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