Malaysia’s power transition: stormy conditions, steady course
The future of Malaysia’s ruling coalition and its ambitious reforms program hangs on the determination of two iconic leaders, formerly bitter rivals, to set aside their personal grievances and work together for the country’s future. This determination has been put to a test lately.
Malaysia inches closer to China
Malaysia, which traditionally has depended on the United States for defense and security, is gradually tightening its economic and military links with China. It would be premature to predict a geopolitical realignment at this stage, since the pro-China policy trend can be reversed by the next government in Kuala Lumpur. ...
The reconciliation that jolted Malaysian politics
The surprise decision by former Prime Minister Mahathir Mohamad to reconcile with his archrival, imprisoned opposition leader Anwar Ibrahim, delivered a powerful jolt to Malaysian politics. The two erstwhile foes are cementing the opposition in the hope of removing scandal-tainted Prime Minister Najib Razak from power.
Threat of global conflict between the West, Russia and China is increasing
Tensions across the globe have increased to a level where Russian President Vladimir Putin speaks openly of Russia’s nuclear strength. Spending on military budgets is increasing in many countries except the West. And a desperate Russia is looking for new alliances with an emerging China as the West’s sanctions begin ...
Japan’s ‘safe haven’ status is shifting it towards the West
In spite of its many economic problems, Japan appears to have retained its ‘safe haven’ status because it has its own currency, it has low exposure to international debt and it does not have to rely on a foreign central bank. At a time when the country is at odds ...