Global News Journal

‘Stop me before I bet again in Singapore’

A performer holds over-sized deck cards in front of the Resorts World Sentosa casino Feb. 14 (REUTERS/Pablo Sanchez)

At least 264 people in Singapore have asked to be put on a list that would prevent them from entering the city state’s newly opened casino. Except for nine housewives and 19 unemployed people, the rest had jobs and probably families that they did not want to hurt with a gambling problem. Family members who think a relative might have a gambling problem can also apply to have them banned.

 The $4.7 billion Resorts World Sentosa opened on Feb. 14, Valentines Day and the first day of the Chinese New Year, which was considered auspicious. It is the first of two casinos resorts (and a Universal Studios theme park) that is meant to help transform Singapore from a manufacturing and shipping center to a global hub city built on financial services and a playground for wealthy visitors. This is quite a change for a country often called the “nanny state” because of its many prescriptions and prohibitions, famously for instance, banning chewing gum for its irksome tendency to land up on sidewalks and onto people’s shoes.

For decades Singapore had banned gambling as well, noting a Chinese proclivity towards gambling and its often attendant ruinations on families. But the ban didn’t stop folks from taking a bus across the Singapore Strait to neighbouring Malaysia, which sports a hilltop casino in the Genting Highlands.

The government has taken a number of precautions, besides the voluntary exclusion list, to help people hedge their gambling habits. An on-site counselling service is available for problem gamblers, who can also set gaming limits for themselves with the house. You won’t find ATM machines in the casinos. But the biggest discoruagement is the US$70 entry fee for Singaporeans and permanent residents. The high rollers won’t be bothered, but it will be a strong deterrent to the chap who wanders in with just a a couple of hundred dollars in his pocket.

The precautions don’t seem to be hurting business much. Within a week of opening the Resorts World casino had already attracted 128,000 visitors.

Singapore hopes casinos will generate spin-offs like luxury services and increased business for private bankers in a city which many say is fast becoming Asia’s premier wealth management center.

Merkel ally insult of Romanians, Chinese an internet scoop

In the “old days” of journalism, before the rise of the internet, an alert journalist might pick up on a politician’s gaffe in the middle of an election speech or somewhere on the campaign trail and publish or broadcast a story with the potential to change the dynamic of a race.

Nowadays, it could be instead the political opponent or citizen journalists armed with cell phone cameras or small hand-held cameras who can upset the applecart with a YouTube videos, blog or website report documenting a serious verbal blunder.

It’s a lesson that Juergen Ruettgers, the conservative state premier of Germany’s most populous state North Rhine-Westphalia and a close ally of Chancellor Angela Merkel, has now painfully learned.

Ruettgers apologised late on Friday for insulting both Romanian workers and Chinese investors at a campaign rally in the depressed working class city of Duisburg late last month (story here) as the row over his remarks escalated. Ruettgers, who has a track record of statements criticised as xenophobic, suggested at the rally in Ruhr River industrial city that the Romanian work ethic was inferior to Germany’s and he also made derogatory remarks about Chinese investors.

Is Malaysia’s net clampdown at odds with knowledge economy?

The opposition wants to cut the sale of alcohol in a state that it rules and now the government wants to restrict Internet access .

Malaysia is a multicultural country of 27 million people in Southeast Asia. It has a majority Muslim population that of course is not allowed to drink by religion. Yet clearly some do as shown by the sentencing to caning for a young woman handed down recently

(Photo: Prime Minister Najib Razak leaving the National Mosque as he prepared to mark his first 100 days in office in July. Reuters/Bazuki Muhammad)

Proposals by the Pan Malaysian Islamic Party, which wants an Islamic state, could effectively end the sale of alcohol in the country’s richest state, Selangor, which is next to the capital Kuala Lumpur.

Its rules would penalise not only Muslims that consumed alcohol, but also for example Muslim shop assistants in say Tesco’s who could be fined if they sold alcohol.

This is coming from a country whose most celebrated film maker, PJ Ramlee, made movies featuring alcohol, smoking and night clubs as well as cross-racial relationships and whose first premier Tunku Abdul Rahman, a Muslim of course and a member of one of Malaysia’s royal families, was fond of  whisky. 

And the Internet? If you want to find out anything in Malaysia, you need to read the net. The country’s newspapers, largely owned by the political parties that have run this country for 51 years and which need to be licensed annually, feed their readers a steady diet of pro-government propaganda.

Back to the future in Malaysia with Anwar sodomy trial II

By Barani Krishnan

A decade ago, Malaysia’s former deputy prime minister Anwar Ibrahim was on trial for sodomy and corruption in a trial that exposed the seamy side of Malaysian justice and the anxieties of a young country grappling with a crushing financial crisis and civil unrest.

Anwar is Malaysia’s best known political figure, courted in the U.S. and Europe and probably the only man who can topple the government that has led this Southeast Asian country for the past 51 years.

Anwar vowed in a recent interview to fight what he says are trumped up charges.

The 14 months I spent covering the 1998 trials saw Anwar accused of sodomy with three men and having sex with a woman over a period of years. This case is simpler, there is just one accuser. All homosexual acts are illegal in this mainly Muslim country and sex outside marriage is illegal for Muslims.

The first trial was gruelling. Lines began as early as four in the morning as people tried to get into the court that could seat less than 200. Most of the spectators were ordinary people, but there was a sprinkling of dignitaries and businessmen who had known Anwar when he was in office.

There was a separate media queue and again a fight to get in line as dozens of reporters from local and international outlets jockeyed for space. Ringing the court were hundreds of riot police, backed by watercannon, waiting for trouble in a country where there were daily protests at the time, often involving tens of thousands of people.

Obama gets rockstar welcome at town hall meeting

President Barack Obama on Wednesday stepped out from behind the podium, took off his suit jacket and dispensed with the teleprompters to defend his budget, attack Republicans who label him a tax-and-spend Democrat and express outrage at the bonuses paid at insurance giant AIG.   Obama, who has made no secret of the fact he chafes in the White House “bubble” and enjoys engaging directly with Americans, headed west to California to hold a town hall meeting in Costa Mesa, a town of about 113,000 in Orange County that has been hard hit by the recession.    Obama’s critics say his comments expressing outrage at the AIG bonuses and other Wall Street scandals lack passion because they are often scripted and read from a teleprompter.   But on Wednesday, Obama sounded like he was back on the election campaign trail as he rounded on Republicans for criticizing his $3.5 trillion 2010 budget, which he says is crucial to tackling the worst economic crisis in decades.   “Most of these critics presided over a doubling of the national debt. We are inheriting a $1.3 trillion deficit. So they don’t have the standing to make this criticism, I think, given how irresponsible they’ve been,”  he said.   Under the glare of hot lights in an uncomfortably warm hall at Costa Mesa’s state fairgrounds, Obama invited his audience to ask him questions and feel free to take him to task and tell him if he was a “bum and doing a bad job”.   But there was little danger of that. When he entered the hall, he received a rockstar welcome.   Obama at times spoke with passion, his voice rising above the cheers, while he was at times professorial, explaining credit default swaps and mortgage-backed securities and breaking his promise to keep his answers short as he explained how and why America’s economy had plunged to such depths.   Despite the fact that he has only been in office two months, one of the first questions he fielded was from a woman asking him if he would run for re-election in four years’ time.   “I would rather be a good president taking on the tough issues for four years than a mediocre president for eight years,” he replied.   And if he fails to deliver on his promises on health care, education and fixing the economy, then it will be the voters and not he who decides whether he runs again.

For more Reuters political news, click here.

Photo credit: Reuters/Larry Downing (Obama at town hall meeting in California)

Best reads of February

Exotic animals trapped in net of Mexican drug trade - From the live snakes that smugglers stuff with packets of cocaine to the white tigers drug lords keep as exotic pets, rare animals are being increasingly sucked into Mexico’s deadly narcotics trade.

End of an era for the Amazon’s turbulent priests - They avoid taking buses, make sure friends know their schedules, and rarely go out when it’s dark. For the three foreign-born Roman Catholic bishops under death threat in Brazil’s northeastern state of Para, speaking out against social ills that plague this often-lawless area at the Amazon River’s mouth has come at a price.

West risks repeating Soviet mistakes in Afghanistan - The foreign warplanes swooped in just as the Afghan village of Ali Mardan was celebrating a wedding. Bombs slammed into the crowded village square, killing 30 men, women and children. After the smoke cleared and the dead were buried, all the able-bodied men left alive took up arms against the invaders. That was 1982…

from MacroScope:

Political poster child?

George Alogoskoufis is a hardly a household name outside Greece and EU financial circles. But the newly sacked Greek finance minister could yet become a poster child for politicans struggling to fight off economic decline and banking industry collapse. His demise was in large part due to a public perception that he was helping out the banks but ignoring rising joblessness.

Greece, of course, is a special case at the moment, still recovering from riots over the police shooting of a teenager. But finance ministers, central bankers and other responsibles are probably not immune from Alogoskoufis Syndrome. Balancing the need to bail out the finance industry with rising economic misery among everyday people is not easy. Fat cats are not exactly in favour at the moment.

This could, indeed, come to a head later in the year. Investment cycles tend to recover before economic ones. So what happens when Wall Street, the City and the like start bringing in the money again just as unemployment lines start getting even longer?