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Tag "EU"

EU_CrisisKhor 1This week will see the resolution for two important issues – the fate of the Trans Pacific Partnership and of the Greek debt crisis – both of which will affect Malaysia.

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Khor 1Spying by foreign intelligence agencies is also prevalent in Malaysia and other Asian countries, whether through the internet or spying equipment located in Embassies, as revealed last week.

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Khor 1Futuristic Touchscreen display - worldmapThe internet spying scandal escalated last week as European leaders expressed disgust they were spied while countries begin to plan counter measures.

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China has moved to investment-led growth, after its exports fell sharply in the aftermath of the global financial crisis. Credit: Bigstock

yilmaz-akyuz In this column, an abridged version of a longer research paper 48 for the South Centre, Dr Yilmaz Akyuz writes that the world economy is facing under-consumption because of a low and declining share of wages in national income in all major advanced economies like the United States and the eurozone, as well as China. In order to move out of the fiscal drag, he argues that developing economies must reduce dependence on foreign markets and capital by abandoning neoliberal policies in practice, not just in rhetoric.

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