Search

Day: 27 April 2023

How did we survive the dollar swing?

MACROECONOMIC instability is now largely in the rear-view mirror. Growth has been returning and inflation is easing. When soaring crude oil and food prices, interest rate hikes and dollar appreciation hit the globe last year – each capable of striking a crisis in the past – few would have expected the world to ride the […]

Paris para-athlete urges better transport ahead of Olympics

ON the platform of a Paris suburb train station, 25-year-old para-athlete Manel Senni braced for another daily odyssey in her wheelchair to go to basketball practice. “It should take me 20 minutes to get to training, but… I always leave home an hour before,” said the young Algerian student who was born with spina bifida, […]

4 plead guilty to using criminal force, hurting cop

THE magistrates’ court in Pontian today set April 30 for the sentencing of four men, including two brothers, who pleaded guilty to a charge of using criminal force and causing hurt on a policeman last Saturday. The four pleaded guilty to the charge made against them before magistrate Nur Azzuin Abdul Moali, who then allowed […]

Argentina to pay for Chinese imports in yuan, not dollars

ARGENTINA will pay for Chinese imports in yuan instead of US dollars in order to preserve its dwindling foreign reserves, Economy Minister Sergio Massa said yesterday. The South American country will be able to “programme a volume of imports in yuan worth (the equivalent of) more than US$1 billion (RM4.46 billion) from next month,” Massa […]

Ramasamy confident Pakatan’s good governance will win Malay support in Penang

PERIKATAN Nasional (PN) is wrong to assume that it can easily win the Malay-majority seats in the Penang elections, and as a result have a run at taking over the state, P. Ramasamy said today. The Penang deputy chief minister said PN’s assumption of easy victory in Malay-majority constituencies are predicated on the notion that […]

US lifts export ban on Smart Glove

THE United States Customs and Border Protection (CBP) has lifted a ban on Malaysian manufacturer Smart Glove after clearing the company of using forced labour. The company had been issued with a withhold release order (WRO) in November 2021, prohibiting them from exporting their products to the US over concerns of forced labour. 

Digital divide hits women harder in poor countries, UN says

SOME 90% of young women and teenage girls in the world’s poorest countries have no access to the internet, a United Nations report published yesterday said. The lack of access – and disparity between the number of girls and boys offline – poses serious risks that women will be left behind economically in an increasingly […]