Will There Really Be a Recession in 2023?
Economists started thinking about the possibility of a recession when it became apparent that inflation wasn't a temporary but a longer-lasting phenomenon. Expectations for a recession grew as rising prices persisted despite the Federal Reserve's decision to boost interest rates. For a long time now, economists have predicted...
Singapore’s widely touted policy of zero tolerance to corruption
Keppel’s corrupt actions in Brazil dealt a blow to Singapore reputation. The corruption was on a breathtaking scale. The facts, which were initially vehemently denied, have since been admitted by Keppel. The details are set out here in the statement of facts attached to this Deferred Prosecution Agreement. See pages 23-38...
SPH Media has been lying about its circulation numbers
SPH Media, your "trusted source of news", to which up to $900m of your tax dollars has been pledged, today announced that it has been lying about its circulation numbers. Why might employees feel the need to lie? There could be many underlying institutional pressures, including the desire to charge higher advertising rates....
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