Foul!

As published in Malay Mail today   By Jahaberdeen Mohamed Yunoos FIRST of all, we should be fully aware that political stability is of utmost importance for the general well-being of the citizens. No country in the world which is politically unstable is able to develop economically or plan for the future general well being of its citizens. Political instability will not only frighten away investors but may also cause capital flight from the country by its own corporate players. Prolonged political instability will have immense negative practical impact on the ordinary citizen in terms of rising unemployment, increased cost of living, lowering of the quality and standard of living and so on. These in turn will certainly cause other social problems such as increase in crime rate, increase in corruption and wastage of national resources. In short, when the politicians fight, we suffer. We have been having political instability for far too long. The second factor which

The ringgit is at a three-year low against the US dollar, having shed over 7 per cent in value versus the greenback since the start of the year. While developed nations are heading up, developing countries have gone in the opposite direction; MSCI’s Emerging Market Index showed a loss of 13 per cent in equity since the start of the year. Worryingly for observers, this is the biggest the gap between developed and emerging markets has been since the 1997 Asian financial crisis. Read the growing chasm between world markets warns of new crisis here .  Meanwhile, remember the 1Malaysia and One Israel debate? Well it looks like Malaysia has been accused of plagiarising another Israeli motto - Endless Possibilities. Three years ago, certain politicians said the link between 1Malaysia and One Israel propounded by the opposition was just a lie. Today, the Prime Minister's Office said the government came out with “Endless Possibilities” as its new global theme months befor