The articles, the opinions, the stories, the poems, the thoughts, the reviews, the photos, the paintings and the cartoons Ovi magazine covers for Wednesday June 28th, 2023
Malaysia: Anwar’s first real crisis as PM – This will be a true test by Murray Hunter
Over the last month there has been a lot of chatter over the state of the economy. The cost of living, lacklustre Bursa, EPF, and rise in interest rates have all been topics of contention.
The Ringgit has fallen from 4.60 to 4.68 over the month of June. Last November the Ringgit reached 4.7 against the USD, but rose to 4.24 in January. For the last 4 years, the Ringgit has been ranging between 4.00 and 4.20. Anwar became prime minister at 4.40.
However, the Ringgit is now falling below what has been psychologically acceptable. When the Bank Negara Malaysia (BNM) raised the OPR to 3.0%, most economists felt this would stabilize the Ringgit, especially when the US Federal Reserve Bank hinted it would not raise US interest rates for a while. However, the Ringgit is still drifting on a downward trend, to the point where the BNM may feel compelled to raise the OPR to 3.25%.
Continue reading HERE!
I Don’t Suppose #poem by Jan Sand
“I don’t suppose it’s popular to say
That soon this planet won’t
Have any place to stay where we
Can avoid the heat or not drown
Or have a glass of water to drink.”
Continue reading HERE!
Danilo Dolci: Development and Opposition to the Oppression of the Mafia by Rene Wadlow
Danilo Dolci (1925-1997) whose birth anniversary we note on 28 June, was active in the movement for world citizenship and deeply influenced by the non-violent methods of Mahatma Gandhi. He was often called “The Gandhi of Sicily”.
In 1952, Danilo Dolci went to live in a small, very poor town of western Sicily. The towns-people watched him and wondered why an intelligent and well-educated man should come to live in an area where murder was commonplace, and the poor stole from the poor. The people had tolerated Fascism for 21 years and the oppression of the Mafia even longer.
Continue reading HERE!
Ghostin’ #67 #cartoon by Thanos Kalamidas
For more Ghostin’ HERE!
For more Ovi Cartoons, HERE!
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