It is time the government lead by example. If public transport companies are to be fined by LTA for service lapses, then ministries and statutory boards must also be fined for administrative lapses. If the citizens of this country are fined for such a broad range of behaviour, then surely the government must also pay a financial penalty if they fail to meet basic expectations or fail to live up to their mandate.
Recently, there have been two encouraging indicators of the potency of civil activism. The first is the case of Mr Yong Vui Kong, a Malaysian man who had been convicted in Singapore for drug trafficking in the year 2008 and originally sentenced to death.
Global economic momentum is improving and looks set to surprise on the upside in 2014. However, Doctor Copper should not be ignored. Copper has frequently been dubbed the metal “with a Ph.D. in economics” for its uncanny ability at forecasting the global economic cycle. When the global economy expands, industrial output increases and demand for… Continue reading
Regardless of how the economy performs this year, I suspect the U.S. stock market is due for a correction, perhaps as soon as the first quarter of 2014. Sentiment is very bullish and fund managers have piled into the market en masse to avoid under-performing their peers or their benchmarks. People generally believe the Federal… Continue reading
According to STRATFOR, the year 2014 might be a decisive year for the U.S. in its involvement in Middle Eastern geopolitics. STRATFOR’s latest geopolitical diary makes the case that working toward a nuclear settlement with Iran will take centre stage in U.S. strategy, with other hot spots like Syria and Israel/Palestine playing a peripheral but… Continue reading