Malaysian PM Najib Razak announces dissolution of parliament for tough election

Agencies
April 6, 2018

Kuala Lumpur, Apr 6: Malaysian Prime Minister Najib Razak Friday announced the dissolution of parliament for a general election that will pose one of the sternest-ever tests for his ruling coalition, due to a massive financial scandal and a challenge from former leader Mahathir Mohamad.

After laying out the Barisan Nasional coalition's recent achievements in a 25-minute speech on state television, Najib announced that parliament would be dissolved Saturday to pave the way for the hotly-anticipated poll.

"We have delivered and we will continue to deliver," he said. "I seek your mandate for Barisan Nasional to rule for another five years."

Following the dissolution, the election commission will announce the date for the polls in the coming days.

The coalition has been in power since independence from Britain in 1957 but its support has been dropping in recent years. A scandal surrounding sovereign wealth fund 1MDB that captured global headlines has added to its problems.

Billions of dollars were allegedly looted from the fund in an audacious campaign of fraud and money-laundering which is being investigated in several countries, and it is claimed that large sums ended up the personal bank accounts of Najib.

The leader and the fund deny any wrongdoing.

Najib's United Malays National Organisation (UMNO), the main coalition party, has clung on to power by pushing policies that favour the Muslim Malay majority. It was already struggling after losing the popular vote in the 2013 election for the first time in history.

Voters had become increasingly disillusioned over recurring graft scandals, divisive racial politics in the country which is home to substantial ethnic Chinese and Indian minorities, and the rising cost of living.

Despite the problems, the 64-year-leader is tipped to win another five-year term at the head of the coalition after weathering the 1MDB scandal, sacking critics inside government and launching a crackdown that has seen opponents arrested.

Najib has also been helped by an improving economic picture in recent times, and has been seeking to ensure victory by announcing generous handouts to low-income groups, civil servants and farmers.

His government stoked further criticism last week by pushing a controversial redrawing of the electoral map through parliament which critics say will tilt the poll in Najib's favour. MPs also passed a law banning "fake news" that could see offenders jailed, which some fear could be used to crack down on dissent.

Mahathir upends race

Victory is however less certain due to the comeback of Mahathir, 92, who has turned on his former protege Najib over the 1MDB scandal.

In a stunning political volte-face, he was named the prime ministerial candidate in the opposition coalition Pact of Hope, which is filled with parties he crushed during his 22 years in power.

Mahathir has long championed the Malay cause and the opposition hopes he can win over Muslim voters disillusioned with BN, to add to their support base of urban voters and ethnic minorities, particularly the Chinese.

The ex-leader's political rebirth has raised eyebrows, however, particularly his reconciliation with former nemesis Anwar, a key leader in the opposition.

Anwar was heir apparent to Mahathir until the premier sacked him in 1998 over political differences, and he was then jailed on charges of sodomy and abuse of power. He was jailed again in 2015 on charges his supporters say are trumped up.

While 1MDB has captured global headlines, key issues in the Malay heartland in the country of 32 million people are rising living costs and the economy.

The government lost a vital two-thirds parliamentary majority, needed to amend the constitution, in the 222-seat parliament at the 2008 election and is hoping to win it back. Some 14.9 million people are registered to vote.

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March 27,2020

London, Mar 27:  British Prime Minister Boris Johnson said Friday he has tested positive for the new coronavirus, but remains in charge of the U.K.'s response to the outbreak.

Johnson's office said he was tested on the advice of the chief medical officer after showing mild symptoms.

It said Johnson is self-isolating at his 10 Downing St. residence and continuing to lead the country's response to COVID-19.

In a video message, Johnson said he had a temperature and a persistent cough.

Over the last 24 hours I have developed mild symptoms and tested positive for coronavirus.

I am now self-isolating, but I will continue to lead the government’s response via video-conference as we fight this virus.

Together we will beat this. #StayHomeSaveLives pic.twitter.com/9Te6aFP0Ri

— Boris Johnson #StayHomeSaveLives (@BorisJohnson) March 27, 2020
"Be in no doubt that I can continue, thanks to the wizardry of modern technology, to communicate with all my top team, to lead the national fightback against coronavirus."

Earlier this week Britain’s Prince Charles announced that he had tested positive for the virus.

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News Network
June 17,2020

Vienna, Jun 17: Austrian police fined a man 500 euros for loudly breaking wind after officers stopped him earlier this month to check his identity.

The police defended the massive fine saying he had deliberately emitted a "massive flatulence," lifting his backside from the bench where he was sitting.

The accused complained of what he called the disproportionate and unjustified fine when he gave his account of the June 5 events on the O24 news website.

In reply to social media commentaries that followed, the police in the Austrian capital justified their reaction on Twitter.

"Of course, nobody is put on the spot if one slips out by accident," the police said.

However, in this case, the police said, the young man had appeared "provocative and uncooperative" in general.

He then "slightly raised himself from the bench, looked at the officers and patently, in a completely deliberate way, emitted a massive flatulence in their immediate proximity."

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News Network
February 1,2020

Washington, Feb 1: The Indian economy experienced some abrupt slowdown in 2019 due to turbulence in non-banking financial institutions and major reform measures such as GST and demonetisation, but it is not in a recession, IMF Managing Director Kristalina Georgieva has said.

"The Indian economy indeed has experienced an abrupt slowdown in 2019. We had to revise our growth projections, downwards to four percent for last year. We are expecting 5.8 per cent (growth rate) in 2020 and then an upward trajectory to 6.5 percent in 2021," Georgieva told a group of foreign journalists here on Friday.

"It appears that the main reason for this slowdown was the non-banking financial institutions experiencing a turbulence," she said on the eve of Union Finance Minister Nirmala Sitharaman presenting the annual budget in Parliament on Saturday.

She said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact.

"For example, coming with the unified tax system, and the demonetisation that took place. These are steps that over time are beneficial, but of course they might, might be somewhat disruptive over short term," Georgieva said in response to a question.

The International Monetary Fund (IMF) Managing Director said that there is not a lot of fiscal space in India. “But we also recognise that the policies of the government on that side, on the fiscal side have been prudent. We will see how the reading of the budget, the submission of the budget goes, tomorrow,” she said.

In the medium-term, she said, the IMF remains optimistic about India. “This is why we see that upswing potential for the growth in the country,” she said.

Georgieva said that the current economic slowdown cannot be described as a recession. "No.... You're far from that. But it is a significant slowdown, not the recession," she said.

The IMF managing Director noted that the consumption in India also slowed down and that contributed to the overall slowdown in the economy. The IMF would be keen to see what India does to get relatively sound macroeconomic fundamentals to pay off in terms of better growth trajectory, she said ahead of the budget.

One thing that is important for India is that budgetary revenue have been below target. "The country knows that. The finance minister knows it. They need to increase budgetary revenue collection so they can improve their fiscal position. I said it's tight on the spending side, but I also want to stress that there is room to improve collection on the revenue side," she said.

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