China has spent $147 bn to prop up stocks: Goldman
Yahoo - AFP News – Thu, Aug 6, 2015 The Shanghai Composite Index is now down around 29 percent since its peak closing on June 12 US investment bank Goldman Sachs has estimated the Chinese government has spent up to 900 billion yuan ($147 billion) in the last two months to try to prop up stock prices and halt a market rout. After...
SingFirst: S’pore cannot succeed without PAP?
On the contrary, Singapore can succeed without the PAP! Singapore’s success has been equated with the PAP. While this was broadly true in material terms in the first 40 years under our first two prime ministers, has it been so in the last 10 years under PM Lee Hsien Loong? Who are the winners and losers among Singaporeans? As...
Could Singapore have become communist?
BBC - By Tessa Wong - 5 Aug 2015 Artist Sonny Liew reimagines the history of Singapore in his graphic novel The Art of Charlie Chan Hock Chye Modern Singapore: prosperous and peaceful, and led by charismatic working-class hero Lim Chin Siong. His political rival, Lee Kuan Yew, is living in exile and ignominy. This scenario -...
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