Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

Friday, February 25

Ovi magazine; Friday February 25th, 2022

 

The articles, the opinions, the stories, the poems and the cartoons Ovi magazine covers for Friday February 25th, 2022


#Inflation in #Malaysia is increasing the class divide – Cronies are taking over the supply chains by Murray Hunter

Over the last six months the prices of everyday staples have been on the rise. Now some markets are beginning to see chronic shortages of items like chicken. This is beginning to bite very heavily into Malaysian households’ consumption, which has already been strained over the last two years with Movement Control Orders (MCOs) restraining business and trade, at community and micro-enterprise levels.

With limited government assistance, many households are relying on charity to eat. Some pundits are even predicting that hardship may manifest into spontaneous demonstrations on the streets in coming months. There are already signs of this, where flash mobs have been quickly broken up by authorities. Food security is also becoming a major concern, where there doesn’t appear to be any coherent national strategy to address this problem.

Continue reading HERE!


New Memories #poem & #painting by Nikos Laios

“We reclined
Together on the couch,
Your soft breasts
Perched on my chest
Like a pair of white doves,
Your head resting on my
Shoulder.”

Continue reading HERE!


Rudolf Steiner: Education: The Road to the Higher Self by Rene Wadlow

Rudolf Steiner (1861 – 1925) was a person with many interests and made contributions to several fields.  We note his birth anniversary on 25 February.  The link among his many interests was that each person has a Higher Self, which he sometimes called “the Soul”, and that the road to the flowering of this Higher Self was through education, especially self-education.

To consider every child as a unique individual and to establish a relationship with the child based on mutual trust is the aim of the Rudolf Steiner schools, also called the Waldorf Schools after the first one he created shortly after the end of the First World War in Stuttgart, Germany. German youth had to deal with the tramas of the defeat and radical changes in society.  In periods of crisis, creativity, imagination and audacity are needed.

Continue reading HERE!


Insert Brain Here 2.0 #004 #cartoon by Paul Woods

For more Insert Brain Here 2.0, HERE!

For more Ovi Cartoons, HERE!


Ovi magazine
We cover every issue

Thursday, February 3

Ovi magazine; Thursday February 3rd, 2022

 

The articles, the opinions, the stories, the poems and the cartoons Ovi magazine covers for Thursday February 3rd, 2022 – National Carrot Cake Day


Minimum wages should be raised to keep pace with inflation by Dr Mohd Shahidan Shaari

The trend in minimum wages exhibits a steady increase in Malaysia. In 2015, the minimum wage stood at RM900 and increased to RM1,000 for the next 3 years. It continued to go up to RM1,100 in 2019, and now the minimum wage in Malaysia is RM1,200. However, it is considered to be low and not commensurate with the current cost of living.

Although there is no minimum wage in other countries, such as Brunei, due to the fact that households’ income in those countries is up to par, which does not merit any government intervention, the imposition of minimum wages in Malaysia is of utmost importance to safeguard the welfare of employees. Otherwise, employers may offer low pay to employees, although they deserve high pay.

Continue reading HERE!


Scales” #poem & #painting by Nikos Laios

“The scales have fallen
And I see clearly,
Free and unshackled
From the dead weight
Of the past I see
The lightness
And beauty
Of the present.”

scales_400

Continue reading HERE!


Ephemera #039 #cartoon by Thanos Kalamidas

For more Ephemera, HERE!

For more Ovi Cartoons, HERE!


Ovi magazine
We cover every issue

Tuesday, August 19

Zimbabwe inflation rockets to 11,250,000%

The rate of inflation in Zimbabwe jumped to just over 11,250,000% in June, official figures show. "It gained 9,035,045.5 percentage points from the May rate of 2,233,713.4%," said state media quoting the Central Statistical Office (CSO). However, experts believe the actual rate of inflation may be much higher.

Zimbabwe is in the midst of a dire economic crisis with unemployment at almost 80%, most manufacturing at a halt and basic foods in short supply.

High money supplies have also been fuelling hyperinflation. Critics have accused Africa's caricature dictator Robert Mugabe's government of printing money to finance his election campaign and prop up the economy. Month-on-month inflation in the country accelerated to 839.3% from 433.4%.

Mugabe must go soon, today …yesterday!