Tuesday, April 08, 2008

Is it slowing down ? .......

Bank Negara Malaysia (BNM) announced that its IFR at 31/03/2008 stood at RM 384.7 billion. This is equivalent to USD 120.3 billion. In terms of ringgit, the IFR has reduced from RM 393.2 billion just 2 weeks ago while in terms of usd, it has increased from USD 119.1 which is due to the favourable exchange rate of the MYR versus the USD. The latest IFR means that Malaysia can sustain 9.5 months of imports and enough funds to cover 7.1 times its short term external debts.

At this rate, BNM can never catch up with Singapore's IFR ?


Monday, April 07, 2008

Say no to tulips, cheese, and porn ...

The Iranians are already demonstrating against the Dutch calling for a boycott of all products from Holland. Strangely, the Ayrabs are doing nothing against the Dutch. They are of course scared off losing their oil business. Geert Wilders is thumbing his nose at all Muslims particularly Ayrabs when he published his Fitna on Youtube since he knows that he can get away with it.

The Europeans are now beginning to step up in annoying and insulting  the Muslims. Recently, they are desecrating Muslim graves in France by daubing the tombstones with swastikas. Even the graves of Muslim soldiers who died for France during the World Wars do not escape these anti-muslim sentiments.

The Muslims must now learn that the only way to teach these Europeans a lesson is to use oil as a weapon like they once did.

The latest on this fitna business is that the Dutch high court has deemed it legal for Geert Wilders to show Fitna to the general public saying it as his right to free expression under Dutch laws. The fact that he insulted the Muslims locally and worldwide is irrelevant.


Smart political personalities ...

I count the current PM of Malaysia as someone who has none of the characteristics of a political leader. The other person who has similar characteristics was the late Hussain Onn. For me, first of all, a leader has to be smart i.e. he has to be innately intelligent, well-read, well versed in economic matters (acquired or trained),  able to talk and communicate clearly, and be capable of making the right decision most the times.

Politicians like Mahathir, Thatcher, Churchill, Anwar Ibrahim, and even Adolf Hitler, have the "gift of the gab"...........