Rumblings in the tum

Indigestion sometimes is very uncomfortable and affecting everything else especially trying to getting some rest whilst the system is settling down and making the necessary corrections and recuperation, with the flux causing the storm within a confined organ which is one of the largest in the body.

The pro-Anwarista news portal story:

Go ahead, arrest me over Bersih 4, says Dr Mahathir

BY MOHD FARHAN DARWIS

Published: 9 September 2015 12:18 PM

Tun Dr Mahathir Mohamad arriving from the Czezh Republic at the Subang Airport today. The former prime minister says police have a right to arrest him over a speech made at the Bersih 4 rally last month. – The Malaysian Insider pic by Kamal Ariffin, September 9, 2015.
Tun Dr Mahathir Mohamad arriving from the Czezh Republic at the Subang Airport today. The former prime minister says police have a right to arrest him over a speech made at the Bersih 4 rally last month. – The Malaysian Insider pic by Kamal Ariffin, September 9, 2015.
Former prime minister Tun Dr Mahathir Mohamad said today police are welcome to arrest him over his speech and participation in the Bersih 4 rally late last month.
“It’s their right… arrest (me), what is there to cooperate,” he said after arriving from the Czezh Republic at the Subang Airport today.

Dr Mahathir and his wife, Tun Dr Siti Hasmah Mohd Ali, were greeted by nearly 100 supporters upon their arrival about 11.15am.

He joined the crowd when they started singing We Are the World, made popular by Michael Jackson. – September 9, 2015.
– See more at: http://www.themalaysianinsider.com/malaysia/article/go-ahead-arrest-me-over-bersih-4-says-dr-mahathir#sthash.p6Em8iDE.dpuf

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Making an arrest would a little bit over-the-top too drastic, not to mention dramatic, which could stimulate into a very negative perception situation of political-trauma.

A statement to the Police would be suffice. It is a normal process and it is painless.

After all, the Police needs to make the necessary investigation after the long Merdeka weekend illegal BERSIH 4.0 rally, which was proven to be a Chinese-centric affair.

This evening’s UMNO Supreme Council is already overly speculated where the rumours are already spreading wildly, tempting and simulating the borderless imagination of something more dramatic and eventually, politically catastrophic.

The conspiracists and political-turmoil punters love these sort of situations and they add the permutations to make it more sassy and spicy.

Naturally, it would create more uneasiness and discomfort, which is like adding dashes vodka to an open barbecue pit.The over politicking is getting more nerve wrecking.

It is without any doubt is counter productive where the nation should consolidate its resources in weathering the current global economic storm and uncertainty.

The fact is that at the moment, the Malaysian economy is healthy and the fundamentals are of good sign.

NST story:

Wahid: Ringgit’s current level does not reflect fundamentals

1 SEPTEMBER 2015 @ 6:43 PM

PETALING JAYA: – The ringgit’s current level does not reflect the country’s fundamentals which are still strong, Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar said.

Abdul Wahid, who is also chairman of the newly set-up Special Economic Committee (SEC), said the committee would work towards strengthening the fundamentals.

He was speaking to reporters before attending a meeting at the newly launched Malaysia Expatriate Talent Service Centre (MYXpats Centre) here today. Opened in June, the MyXpats Centre is a centre for employers applying employment passes and other related immigration passes for their expatriate employees.

The ringgit closed higher today at 4.1620/1680 against the greenback from last Friday’s 4.1950/1050. It hit an intraday low of 4.2700 to the greenback last week, the lowest level since the Asian financial crisis 17 years ago.

In PUTRAJAYA, speaking to reporters after chairing the SEC inaugural meeting, Wahid said the government was monitoring all activities on non-deliverable forward (NDF) ringgit offshore, including in Singapore.

He said the government would not impose capital control or peg the ringgit against the US dollar. “After the devaluation of the yuan, the financial market is a bit rattled and Malaysia is not spared. “We need to continue to focus on fundamentals. As Malaysia continues to enjoy trade surplus at this moment, this will translate into current account surplus too.

“As far as the ringgit is concerned, what we need to do is to make sure that we stick to the fundamentals while reviewing other policy options. “Eventually, the value of the ringgit will reflect its underlined fundamentals,” he said, adding that it is not wise to speculate on the ringgit movement and disclose recommendations and measures discussed at the meeting.

“Let us carry on with our job. Any (new) policy decided will be announced by the prime minister,” he said, adding that recommendations made after each meeting would be presented to Prime Minister Datuk Seri Najib Tun Razak as the committee reports directly to him (Najib). Abdul Wahid said Malaysia’s economy was expected to grow between 4.5 per cent to 5.5 per cent this year.

“Development projects like the MRT will continue, but they will be streamlined from time to time after taking into account the country’s fiscal position.

“Measures and policies discussed will also take into account the intended and unintended consequences. It will be further discussed at the second meeting (of the SEC) on Friday,” he said.

Present were SEC Secretariat Chief Datuk K.Yogeesvaran, who is also Economic Planning Unit (EPU) Director-General and representatives from the Ministry of Finance, Bank Negara Malaysia, EPU, the Ministry of International Trade and Industry, the Prime Minister’s Office, and the Securities Commission. CIMB Group Chairman Datuk Seri Nazir Razak espoused on the economy and financial market through video conferencing. — BERNAMA

Read More : http://www.nst.com.my/news/2015/09/wahid-ringgit%E2%80%99s-current-level-does-not-reflect-fundamentals

Whilst the fundamentals are still strong, the matter is beginning to reflect in the perception and comfort to many people from corporate executives, business owners across the board, capital and debt market traders and to even ordinary working people.

Confidence is a very important component to see anything through. More so, when the challenges are heightened.

Thus, systematically adding to the initiatives of eroding confidence is likened to be a component of and economic sabotage and this is a very bad thing for some minority segment amongst Malaysians to invoke against this nation.

Published in: on September 9, 2015 at 13:00  Comments (6)