Yahoo! News Story - Gadhafi goes on Libyan TV amid wave of protests - Yahoo! News

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Nota Ras Raka:-
Muammar Gaddafi dan negeri minyaknya dalam sengketa. kasihaannn...
Gadhafi goes on Libyan TV amid wave of protests - Yahoo! News
http://news.yahoo.com/s/ap/af_libya_protests
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Yahoo! News Story - Oil soars on Libya violence, WTI shorts cover - Yahoo! News

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"The market is on edge about the potential for Middle East and North Africa supply disruptions," said Mike Wittner, head of commodities research, Americas, at Societe Generale.
"If you've got reports that actual disruptions are starting to occur, it's going to have a supportive impact. A lot of it is high-quality crude and that is important as well."
The increasingly violent protests that appeared to put Muammar Gaddafi's four decades of rule in jeopardy were the realization of weeks of mounting concerns that Egypt-inspired unrest would seep into nearby oil producers.
Brent oil futures, which have climbed more than $10 this year largely due to the increasing geopolitical risk premium, jumped $3.22 a barrel, or 3.2 percent, to settle at $ a barrel. They jumped another $2 to trade as high as $108 in after-hours dealing, the highest since September 4, 2008.
The March U.S. crude oil contract, which expires on Tuesday, surged $5.22 a barrel to trade at $91.42 a barrel in late-afternoon activity -- the highest in two weeks

Nota Ras Raka:-
Damn you uncle Gaddhafi, tengok..kan minyak dah naik niee....ahaaiiii...
kalau kerajaan yang tak berhati perut, mereka akan naikkan harga minyak walau apapun sebabnya..
ya salamm..ya salammm...
Oil soars on Libya violence, WTI shorts cover - Yahoo! News
http://news.yahoo.com/s/nm/us_markets_oil
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FROM KL TO THE LAND OF YOUNG AND DANGEROUS

I'm off to China. Will visititing GuangZhou, Dalian and lastly Hong Kong, the land of young and dangerous.

So cold in here, 8 degrees.

Still can't access the FB as only 2G available in here.

Off to Gzhou, see you later.

Missing Bonda and Adel sOoooo much.
Sent from my BlackBerry® wireless device via Vodafone-Celcom Mobile.

FROM KL TO THE LAND OF YOUNG AND DANGEROUS

I'm off to China. Will visititing GuangZhou, Dalian and lastly Hong Kong, the land of young and dangerous.

So cold in here, 8 degrees.

Still can't access the FB as only 2G available in here.

Off to Gzhou, see you later.

Missing Bonda and Adel sOoooo much.
Sent from my BlackBerry® wireless device via Vodafone-Celcom Mobile.

Yahoo! News Story - Egypt's military rulers dissolve parliament - Yahoo! News

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By SARAH EL DEEB and MAGGIE MICHAEL, Associated Press Sarah El Deeb And Maggie Michael, Associated Press â€" 28 mins ago
CAIRO â€" Egypt's military rulers took sweeping action to dismantle the autocratic legacy of former President Hosni Mubarak on Sunday, dissolving parliament, suspending the constitution and promising elections in moves cautiously welcomed by pro-democracy protesters.
They also met with representatives of the broad-based youth movement that brought down the government after an 18-day uprising that transfixed the world.
The caretaker government, backed by the military, said restoring security was a top priority even as labor unrest reflected one of the many challenges of steering the Arab world's biggest nation toward stability and democracy.
On Sunday, prominent activist Wael Ghonim posted on a Facebook page he manages notes from a meeting between members of the military council and youth representatives, which he described as encouraging.
The military defended the caretaker government, stocked with Mubarak loyalists, as necessary for now in the interests of stability but pledged to soon change it, said Ghonim and another protester, Amr Salama, in the statement.
"They said they will go after corrupt people no matter what their position current or previous," the statement added. Amendments to the much reviled constitution will be prepared by an independent committee over the next 10 days and then presented for approval in a popular referendum to be held in two months, they said.
Nota Ras Raka:-
Akhirnya, rejem Hosni mubarak tumbang selepas melayan tuntutan 18 hari rakyat. mana mungkin menahan gelombang kebangkitan, yang jelas menentang kezaliman.
Salute untuk rakyat-rakyat mesir yang berani.
Yang berani hidup tanpa hosni mubarak.
gelombang kebangkitan arab 2 - diktaktor zalim 0
Egypt's military rulers dissolve parliament - Yahoo! News
http://news.yahoo.com/s/ap/20110213/ap_on_re_mi_ea/ml_egypt
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Yahoo! Finance Story - Goodyear posts loss for quarter, to close plant - Yahoo! Finance

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On Thursday February 10, 2011, 7:32 pm EST

AKRON, Ohio (AP) -- Goodyear Tire & Rubber Co. reported Thursday its revenue rose 14 percent in the fourth quarter but it lost $177 million as it absorbed costs for its planned closure of a plant in Union City, Tenn.
Its adjusted earnings and revenue beat Wall Street expectations, and shares surged $1.79, or 14.3 percent, to $ in trading Thursday.
The Akron-based company, the biggest U.S. tire maker, said its loss amounted to 73 cents per share for the last three months of 2010, compared with net income of $107 million, or 44 cents a share, a year ago. Revenue rose to $5.07 billion from $4.44 billion a year ago.
Despite the loss, Goodyear reported improved results for all its businesses, with revenue per tire, excluding foreign currency issues, increasing 12 percent in the quarter.

Nota Ras Raka:-
jika benar berita ini, adakah goodyear korban pertama akan kenaikan harga getah dan crude oil antarabangsa?
aku pakai goodyear...kasihan, takkan brand ni tak laku kat pasaran dunia?
Goodyear posts loss for quarter, to close plant - Yahoo! Finance
http://finance.yahoo.com/news/Goodyear-posts-loss-for-apf-1493985631.html?x=0
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ASSOCIATION UNHAPPY WITH RM20 MILLION ALLOCATION

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KUALA LUMPUR, Feb 11 (Bernama)-- The Kampung Baru Development Association(PPKB) today expressed its unhappiness that the Masjid Jamek Kampung Baru, here is being made as the starting point and transformation icon for the area.
PPKB president Dr Mohd Yusof Ismail said the landowners and inheritors in Kampung Baru said it was inappropriate that the Masjid Jamek was being made as the catalyst for development for the area.
On Feb 5, 2011, Prime Minister Datuk Seri Najib Tun Razak announced that Masjid Jamek Kampung Baru would become the starting point and transformation icon for the area which would be turned into a high-value, sophisticated and modern area.
He announced an allocation of RM20 million to fund the renovation and upgrading of the mosque that would begin within the next six months with the allocation being channelled through the government-owned strategic development company -- 1Malaysia Development Berhad (1MDB).
Dr Yusof said that according to the professional view among urban and regional development practitioners, a mega project was needed to act as a catalyst in efforts to develop a particular area.
As an example, the Kuala Lumpur City Centre was made as the nucleus for the development of the KLCC area with the construction of the Petronas Twin Towers and high-rise buildings such as the Maxis in the area, he said in a statement.
Nota Ras Raka:-
Berani betoi orang Kg. Baru ni melawan PM. tapi, takut-takut upgrade masjid tu jadi trojan horse je untuk membangunkan Kg. Baru..
entahlah, terpulang pada orang Kg baru. orang lain kalau diorang bayar 1 billion, hanya mampu tengok ja la...
wakakakaka
ASSOCIATION UNHAPPY WITH RM20 MILLION ALLOCATION
http://malaysia.news.yahoo.com/bnm/20110211/tts-kampung-baru-bm-993ba14.html
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PAS YOUTH CHIEF'S MORAL POLICING MOVE UNDER FIRE

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SHAH ALAM, Feb 10 (Bernama) -- PAS Youth chief Nasrudin Hasan Tantawi''s proposed crackdown on immoral activities on Valentine''s Day on Monday in states administered by the DAP-PAS-PKR pact has come under fire from his own party.
Shah Alam MP and the city''s PAS chief Abdul Khalid Samad said Selangor PAS rejected the proposal.
He said Nasrudin was not empowered to speak on behalf of the state governments.
"He (Nasrudin) does not represent the state governments, and the state religious departments always curb immoral activities whether it is Valentine''s Day or not," he told a news conference at his office here.
Nasrudin, responding to Khalid''s statement, said PAS Youth would go ahead with the policing despite the opposition and would distribute leaflets on the matter.
Nota Ras Raka:-
Ni apa benda pulak ni? pasal ni pun nak gaduh ka? takkan semua benda nak bincang kat paper. usrah tak da ka?
pening kepalo la tengok gelagat uowls -uowls ni....
wakakakakaka
PAS YOUTH CHIEF'S MORAL POLICING MOVE UNDER FIRE
http://malaysia.news.yahoo.com/bnm/20110210/tpl-pas-policing-bm-98d6c80.html
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Yahoo! News Story - Dictators' Sons, From Egypt to Libya, Are Doomed - Yahoo! News

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By Stephen Kinzer â€" Wed Feb 9, 10:36pm ET
NEW YORK â€" Qaddafi's son has been linked to arms smuggling. Saddam's kids were rapists and torturers. The children of despots often hasten their fathers' downfall. Just ask Mubarak.
Hosni Mubarak is falling from power in Egypt partly because he refused to heed one of history’s hidden lessons: Dictators shouldn’t have sons.
Most do. That often hastens their downfall or that of their nations.
Egyptians might have been willing to accept their lot for a while longer if the ailing Mubarak had not made it clear he intended his son, Gamal, to succeed him in power. Of all his arrogant acts, none insulted his people more than his insistence that of the 80 million Egyptians, Gamal Mubarak was best qualified to lead the country. The plan was for him to rise to power not by popular vote, but only because his father wished it that way.
kenapa diktaktor tak berjaya di wilayah arab? sebab rakyat dah nampak, kalu bapak borek anak mesti hujan lebat punya.
itu pasal mubarak kena tendang...
mubarak dah tua baru pandai amik rasuah, tapi anaknya bukak mata jer dah di ajar rasuah, dah seleweng. mana rakyat tak bangun menentang.
artikel penuh klik link di bawah...wakakakaka
Dictators' Sons, From Egypt to Libya, Are Doomed - Yahoo! News
http://news.yahoo.com/s/dailybeast/12331_dictatorssonsfromegypttolibyaaredoomed
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Yahoo! News Story - Jordan tribes break taboo by targeting queen - Yahoo! News

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by Randa Habib Randa Habib â€" Wed Feb 9, 1:00 pm ET
AMMAN (AFP) â€" Popular discontent took a new turn with unprecedented public criticism of King Abdullah II's wife, Queen Rania, who stands accused of "corruption" by large tribes, the bedrock of Jordan's regime.
"We call on the king to return to the treasury land and farms given to the Yassin family (of the queen). The land belongs to the Jordanian people," 36 tribal leaders said this week in a joint statement.
By so doing, they have broken a taboo in the desert kingdom, where criticism of the royal family is punishable by a three-year imprisonment.
The palace has not been available for comment on the accusation.
"The events in Tunisia and Egypt have given courage to Jordanians to publicly say what they have been whispering about for a while," a political analyst told AFP on condition of anonymity.
"Arab peoples used to fear their authoritarian regimes. Things have changed and now Arab leaders fear their peoples."
A member of a large tribe said Jordanian authorities had "pressured some tribes for several days and told them to be careful in what they say to the international press."

Nota Ras Raka:-
tribe leader kat Jordan sudah marah-marah dan mau audit itu puteri rania pasal raja jordan sudah bagi banyak tanah pada keluarga puteri rania.
haa..semua sudah nampak tidak betul di mata rakyat arab. so, first lady diseluruh negara Islam, berjaga-jaga. anda dibawah mikroskop kebangkitan rakyat..wakakakaka
Jordan tribes break taboo by targeting queen - Yahoo! News
http://news.yahoo.com/s/afp/20110209/wl_mideast_afp/jordanpoliticstribescorruptionroyals_20110209180014
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Yahoo! Movies - No Strings Attached

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Sinopsis:-
Emma and Adam are life-long friends who almost ruin everything by having sex one morning.
In order to protect their friendship, they make a pact to keep their relationship strictly "no strings attached." "No strings" means no jealousy, no expectations, no fighting, no flowers, no baby voices.
It means they can do whatever they want, whenever they want, in whatever public place they want, as long as... See Full Description

Genres: Comedy and Romance
Running Time: 1 hr. 50 min.
Release Date: January 21st, 2011 (wide)
MPAA Rating: R for sexual content, language and some drug material.
Distributors: Paramount Pictures
U.S. Box Office: $51,392,705
Nota Ras Raka;-
Mari menonton filem natalie portman. ada SX explicit sikit la...mubarak tak sempat tengok movie ni sebab negaranya sedang bergolak sebab dia..kasihan...
No Strings Attached
http://movies.yahoo.com/shop?d=hv&cf=info&id=1810159162
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Yahoo! News Story - Feds: Mobster fugitive captured in rural Idaho - Yahoo! News

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By JESSIE L. BONNER, Associated Press Jessie L. Bonner, Associated Press â€" Thu Feb 10, 5:04 am ET
MARSING, Idaho â€" For more than a decade, the vast farm fields of rural southwestern Idaho provided Enrico Ponzo the isolation he needed to hide from his past as a former New England mobster accused of trying to whack his boss.
He introduced himself to his neighbors as Jeffrey Shaw, a man who went by the nickname "Jay." He paid for everything in cash. He bought his house in his girlfriend's name.
Nota Ras Raka:-
Marsing USA, bukan Mersing, Johor ok. Ada mobster Cosa Nostra menyorok di marsing, Idaho, jadi petani dan bersembunyi dari buruan FBI dan mafia yang lain.
i want to get out, but they pull me back in...
wakakakakaka...
Feds: Mobster fugitive captured in rural Idaho - Yahoo! News
http://news.yahoo.com/s/ap/20110210/ap_on_re_us/us_crime_family_feud
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Yahoo! News Story - Impatient, Obama sharply questions Mubarak pledge - Yahoo! News

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By BEN FELLER, AP White House Correspondent Ben Feller, Ap White House Correspondent â€" 45 mins ago
WASHINGTON â€" Bristling with impatience, President Barack Obama on Thursday openly and sharply questioned whether Egyptian President Hosni Mubarak's pledge to shift power to his vice president is an "immediate, meaningful or sufficient" sign of reform for a country in upheaval.
Without naming Mubarak, Obama issued a written statement that criticized the leader for not offering clarity to his people or a concrete path to democracy. He called on Egyptian government leaders to do so, declaring: "They have not yet seized that opportunity."
Nota Ras Raka:-
besar sudah marah..dalam kata lain.." apa benda ko nak buat ni mubarak...nak buat murtabak mubarak kaaa..wakakakaka"..
ini maknanya mubarak kena banck up dengan setan yang lagi besar dari obama, kena back up dengan setan Israel...wakakakakaka....percayalah jangan tak percaya
Impatient, Obama sharply questions Mubarak pledge - Yahoo! News
http://news.yahoo.com/s/ap/us_us_egypt
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Yahoo! News Story - Somali pirates capture supertanker, $150M of oil - Yahoo! News

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By JASON STRAZIUSO, Associated Press Jason Straziuso, Associated Press â€" Wed Feb 9, 11:43 pm ET
NAIROBI, Kenya â€" Somali pirates captured a Greek-flagged supertanker carrying an estimated $150 million worth of oil to the Gulf of Mexico, the second successful attack against an oil tanker by sea bandits in two days, officials said.
Such vessels can command higher ransoms because of the value of the crude on board. Owners of the oil may want to resolve hostage situations quickly, particularly if oil prices are dropping, a situation that can cost owners millions of dollars more than the pirate ransom will.
Still, ransom prices are on the rise. One last year reached $9.5 million, and the increasing prizes have provided even more incentive for pirates to launch attacks despite stepped-up patrols by an international flotilla of warships.
Pirates hold 29 ships and roughly 660 hostages.
The Irene SL was sailing 200 nautical miles (360 kilometers) east of Oman with a cargo of 266,000 tons of crude oil and a crew of seven Greeks, 17 Filipinos and one Georgian when it was attacked on Wednesday, Greece's Merchant Marine Ministry said. The Associated Press estimated the value of the oil at more than $150 million, based on the amount being carried and a price of $87 a barrel.
Nota Ras Raka:-
Ayooo..lanun somali dah capture crude oil punya supertanker daa. bukan sikit maa, 266,000MT. itu supply minyak keta aku 100 tahun tu..wakakakaka..
adakah minyak akan naik lagi? krisis mesir saja dah melonjak brent oil 100 dollar, dan nymex oil 90 dollar per barrel.
97 nak naik lagi ka?
Somali pirates capture supertanker, $150M of oil - Yahoo! News
http://news.yahoo.com/s/ap/piracy
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Yahoo! News Story - Egypt's Mubarak stays in post, hands powers to VP - Yahoo! News

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Egypt's Mubarak stays in post, hands powers to VP - Yahoo! News
By HAMZA HENDAWI and SARAH EL DEEB, Associated Press Hamza Hendawi And Sarah El Deeb, Associated Press â€" 1 hr 18 mins ago
CAIRO â€" Egypt's Hosni Mubarak refused to step down or leave the country and instead handed his powers to his vice president Thursday, remaining president and ensuring regime control over the reform process. Stunned protesters in central Cairo who demand his ouster waved their shoes in contempt and shouted, "Leave, leave, leave."
The rapidly moving events raised the question of whether a rift had opened between Mubarak and the military command. Hours earlier, a council of the military's top generals announced it had stepped in to secure the country, and a senior commander announced to protesters in Tahrir Square that all their demands would soon be met, raising cries of victory that Mubarak was on his way out.
Nota Ras Raka:-
benteng terakhir diktaktor regim Mubarak adalah mubarak sendiri. sudah 17 hari, semuanya tidak mahu mengalah.
yang pergi tetap akan pergi. yang haq akan tinggal tetap. selamat tinggal mubarak.
Egypt's Mubarak stays in post, hands powers to VP - Yahoo! News
http://news.yahoo.com/s/ap/20110210/ap_on_re_mi_ea/ml_egypt
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Yahoo! News Story - Time for Mubarak to go? Why Obama hedges - Yahoo! News

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"Finally, Levy said, Israel is "the elephant in the room." Mubarak's regime has been good for Israel, he explained, and not only because it preserved peace on her southern border. The larger factor, Levy argued, is that autocratic regimes don't need to be responsive to public opinion on issues like Israel's occupation of the West Bank. "You could take a very soft line on what happens to the Palestinians, if you're an Arab regime." By contrast, a democratic Egypt, he said, might look more like Turkey, another democracy, which is far less willing to go along with the current policies of the Israeli government."
Nota Ras Raka:-
Dalam artikel ni, mamat Levvy ni bagitau kenapa Obama suruh Mubarak turun dan transition, bukannya secara mendadak macam di Iraq dan afghanistan.
Time for Mubarak to go? Why Obama hedges - Yahoo! News
http://news.yahoo.com/s/yblog_thelookout/20110205/ts_yblog_thelookout/time-for-mubarak-to-go-why-obama-hedges
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Yahoo! News Story - WikiLeaks: Saudis running out of oil - Yahoo! News

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The latest startling revelation to come via documents leaked to Julian Assange's muckraking website and published by The Guardian should give pause to every suburban SUV-driver: U.S. officials think Saudi Arabia is overpromising on its capacity to supply oil to a fuel-thirsty world. That sets up a scenario, the documents show, whereby the Saudis could dramatically underdeliver on output by as soon as next year, sending fuel prices soaring.-Yahoo News
Nota Ras Raka:-
haa..minyak dah overpromosing supply. minyak lagi naik lagi. kedai basikal tadi nampaknya bukak lagi. wakakakaka...
bukan harga minyak naik yang takut sangat tu, tapi harga barang kat malaysia ni nanti naik mcmana tinggi pulak la.
Sebab kat malaysia ni, minyak naik jer, parking kereta pun naik jugak...wakakakaka...
WikiLeaks: Saudis running out of oil - Yahoo! News
http://news.yahoo.com/s/yblog_thelookout/20110209/ts_yblog_thelookout/wikileaks-saudis-running-out-of-oil
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Era Kerry Yang Membelakangkan Rakyat Sudan Berlin

Secure umpire, era kerosene yang membelakangkan Kemp as as Dan aspires rakyat sudan Berlin. Issues separate kebabs berserk, ekonomi asas, dan kos sara hidup domestik kini seharusnya menjadi perhatian kerajaan pemerintah.

Mungkin mesir yang membuka mata, namun tanda-tanda awal seperti pemilihan Obama sbg presiden kulit hitam pertama, desakan pembebasan Aung Sang Suu Kyi, kemunculan wikileaks adalah perubahAn awal yang kita harus sedarkan.

Perbezaan cAra hidup pemimpin juga menjadi faktor. Mana mungkin pemimpin bermewah-mewahan, sedangkan rakyat yang memberi mandat hidup melarat dan merempat. Sedangkan yang mengangkat pimpinan adalah rakyat biasa.

Jadi, seharusnya ia menjadi kesedaran utAma para pemimpin kerajaan dunia, pada era harga barang-barang keperluan menyelaraskan harganya pada lebih tinggi secara semulajadi.

Pemimpin dan rakyat seharusnya sedar dan mengerti bahawa sumber yang terhad dan semakin terhad sehari demi sehari seharusnya semakin mahal dan mahal, bukannya semakin murah dan murah.

Rakyat berfikir sama seperti pemimpin. Jika pemimpim ingin kaya, rakyat pun ingin kaya juga.


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Gordon Gekko: bull make money, bear make money.

Dawam wall street, money never sleeps, Gordon Gekko kata dalam jujuran pasaran, masa kencang (bull) kita buat duit, masa lembap (bear) pun buat duit.

Tetapi, siapa pun tak boleh mengawal sifat tamak kita. Kalau tidak, takkan Mubarak ada 60 billion hartanya.
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S'GOR MB SENDS LETTER TO HISHAMMUDDIN ON SETTING UP OF AUXILIARY POLICE TEAM

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SHAH ALAM, 8 Feb (Bernama) -- Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim has sent a letter to Home Minister Datuk Seri Hishammuddin Tun Hussein to consider the state government’s proposal to form its own auxiliary police team.
In the letter sent yesterday, Abdul Khalid mentioned, among others, the need to set up the team because of the increase in crime rate in the state.
"The people''s safety is the state government''s priority, and there is no excuse why the federal government should reject our offer," said Abdul Khalid in a statement here.
Nota Ras Raka :
wah..selangor nak ada polis keamanan sendiri. kalau ada fakta berapa kadar jenayah kat selangor ni elok jugak, sebab NKRA kementerian dalam negeri katanya marvelllous...mencapai target NKRA.
kalau capai, kenapa selangor mintak tambah? atau MB khaliud ni saja nak cari pasal n populariti politik?
S'GOR MB SENDS LETTER TO HISHAMMUDDIN ON SETTING UP OF AUXILIARY POLICE TEAM
http://malaysia.news.yahoo.com/bnm/20110208/tts-abdul-khalid-letter-bm-993ba14.html
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Lovers turn M'sian emergency lane into smooching point

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Nota Ras Raka :
LEKAS dah jadi tempat smooching - smooching. Lekas lah penuh tempat buangan dengan anak-anak haram pasni.
Apa nak jadi la..orang buat hiway untuk mudahkan perjalanan, bukan bagi mudah korang buat maksiat.
wakakakaka....
Lovers turn M'sian emergency lane into smooching point
http://malaysia.news.yahoo.com/ann/20110208/tmy-lovers-turn-m-sian-emergency-lane-in-d2ec26b.html
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RASUAH - Shariff Jajang diperintah bela diri - 08/02/2011 9:55am

Shariff Jajang diperintah bela diri - 08/02/2011 9:55am

KLANG 8 Feb. - Bekas Ahli Dewan Undangan Negeri (ADUN) Dengkil, Datuk Mohd. Shariff Jajang diperintah membela diri oleh Mahkamah Sesyen, di sini hari ini, atas tuduhan menggunakan jawatannya bagi mendapatkan 1.2 hektar tanah untuk sebuah syarikat, 14 tahun lalu.

Hakim Yong Zarida Sazali memutuskan demikian selepas berpuashati bahawa pihak pendakwaan berjaya membuktikan prima facie terhadap pertuduhan itu.

Shariff, 67, dituduh mengambil bahagian dalam Mesyuarat Jawatankuasa Tanah Daerah Sepang yang memperakukan permohonan Lesen Menduduki Sementara tanah seluas 1.2 hektar di Bandar Baru Salak Tinggi kepada anak syarikat Konsortium Sepang Berhad yang mana dia mempunyai kepentingan di dalam syarikat tersebut. –Utusan

Nota Ras Raka:

Kalau kata kang salah, tak kata salah. kalau dah jadi pemimpin tu, janganlah kemaruk nak makan harata haram, makan rasuah.

jadi pemimpin kat Malaysia ni, kejenya takda lain, nak bagi kroni makan, pastu dia pulak makan hasil rasuah yang de beri ke kroni.

ini kes bilis…bila nak bawak jaguh – jaguh rasuah dan high profile vindication on bribery to justice?

wakakakakaka……

Reilly brings Fox News arguments to the White House - Yahoo! News

Nota Ras Raka:

Kalaulah pemimpin yang ada kat tanah melayu ni yang ada kebolehan nak meng'handle' pressure face-to-face interview macam yang Obama buat ni, alangkah bagusnya.

ini tidak, asyik cabar-mencabar kat paper, riuh-rendah kat kandang sendiri. masuk gelanggang bertolo-tolo kata orang perak.

wakakakakaka....

http://news.yahoo.com/s/yblog_thecutline/20110207/ts_yblog_thecutline/oreilly-brings-fox-news-arguments-to-the-white-house

============================================================
Yahoo! News
http://news.yahoo.com/

Najib bertemu ketua UMNO Bahagian Sabtu ini : BH Online 2011/02/08

Najib bertemu ketua UMNO Bahagian Sabtu ini : 2011/02/08

KUALA LUMPUR: Perdana Menteri dan Presiden UMNO, Datuk Seri Najib Razak dijadual mengadakan pertemuan dengan ketua 191 UMNO Bahagian Sabtu ini untuk mendapatkan maklum balas dan menyelesaikan isu-isu tertangguh, kata Setiausaha Agung UMNO, Datuk Seri Tengku Adnan Tengku Mansor hari ini.

Najib akan bertemu ketua bahagian berkenaan secara individu di ibu pejabat parti di Menara Tun Hussein Onn, katanya dan menurutnya perkara itu adalah sebahagian Program Transformasi Politik (PTP).

"Pertemuan itu adalah sebahagian daripada Pelan Transformasi Politik. Ia bermula (pertemuan beliau) dengan anggota Parlimen (dari Barisan Nasional), kemudian wakil rakyat negeri Sarawak dan kini ketua-ketua UMNO bahagian.

"Pertemuan pada Sabtu ini sepatutnya disusuli dengan pertemuan dengan wakil rakyat dari Semenanjung Malaysia pada Ahad tetapi pertemuan pada Ahad ditunda," katanya ketika dihubungi.

Tengku Adnan berkata, selepas pertemuan dengan ketua-ketua UMNO bahagian itu, termasuk dari Sabah, satu pertemuan sedang dirancang bagi semua wakil rakyat BN di Sabah dan dengan semua wakil rakyat di Semenanjung. – BERNAMA

 

Nota Ras Raka:-

 

Hai bang oii…hari mengundi dah dekat benor ke???

Nik Aziz anggap Jamil Khir keliru - Harakah Daily 08/02/2011

Nik Aziz anggap Jamil Khir keliru

 

Harakahdaily    KUALA LUMPUR, 8 Feb: Mursyidul Am PAS, Tuan Guru Datuk Nik Abdul Aziz Nik Mat melahirkan rasa hairan apabila membaca kenyataan Menteri di Jabatan Perdana Menteri, Datuk Dr Jamil Khir Baharom di dalam Berita Harian hari ini. “Jelas beliau keliru dengan rentetan isu ini,” tulis beliau di laman twitter. Akhbar berkenaan melaporkan Jamil Khir Baharom berkata Nik Aziz tidak perlu mengheret pihak lain, termasuk Majlis Fatwa Kebangsaan untuk menegakkan kebenaran memadai berhadapan dengan Mohd Noor. “Selesai dulu dengan Mohd Noor, soal agama ini bukan kira setaraf, layak atau tidak, dia (Nik Aziz) tak perlu babitkan orang lain, Majlis Fatwa kalau minta bagi fatwa bolehlah, tapi bukan atas permintaan individu tapi Raja. Itu peraturan fatwa, kalau dia nak cabar Majlis Fatwa, maknanya dia tidak faham fungsi dan peranan majlis,” kata Jamil. Justeru, Tuan Guru Nik Abdul Aziz mengingatkan bahawa bukan beliau yang mengheret nama Majlis Fatwa Kebangsaan tetapi orang lain yang mencadangkan pandangannya dibincangkan oleh Majlis Fatwa. “Saya hanya menyatakan persetujuan apabila ditanya oleh wartawan,” jelasnya yang juga Menteri Besar Kelantan.

Nota Ras Raka:-

 

rasanya bukan nik aziz yang nak jemput majlis fatwa. rasanya ada mangkuk lain yang suruh majlis fatwa check response statement nik aziz

pada remark lee kwan yew pasal umat islam singapore hari tu.

 

Bukan nik aziz yang terhegeh-hegeh n ak jemput majlis fatwa check response dia tu. kalau taraf menteri pun keliru dengan kronologi peristiwa dan fakta kes, apa aku nak cakap lagi? menteri yang jaga hal ehwal agama islam pulak tu. sendiri mau fikir la kawan

Cuepacs mahu kerajaan wujudkan gaji minimum penjawat awam: 07/02/2011 6:14pm

Cuepacs mahu kerajaan wujudkan gaji minimum penjawat awam: 07/02/2011 6:14pm

KUALA LUMPUR, 7 Feb. - Cuepacs hari ini meminta kerajaan menetapkan gaji minimum bagi penjawat awam supaya mereka dapat menampung kos kehidupan yang semakin tinggi.
Presidennya Datuk Omar Osman berkata, pada masa ini, gaji yang diterima penjawat awam terutamanya kumpulan sokongan, masih lagi berada di bawah garis kemiskinan RM720 sebulan.
"Contohnya bagi Gred 1 hingga Gred 16 dalam Kumpulan Sokongan II, permulaan gaji RM647, bawah paras gaji kemiskinan. Sekarang paling tidak mesti RM850 atau RM920, dan ini tak termasuk elaun, hanya gaji pokok. "Kakitangan kerajaan sekarang ni, kalau ikut betul-betul gaji, memang belum sampai gaji minimum. Tapi disebabkan tambah elaun, maka sampai (paras gaji minimum),” katanya kepada pemberita selepas Bengkel Pemantapan Disiplin dan Integriti Kesatuan Pegawai Pengangkutan Jalan Semenanjung Malaysia di sini, hari ini.
Beliau berkata gaji yang rendah boleh mengakibatkan produktiviti pekerja terjejas terutamanya apabila mereka melakukan pekerjaan sambilan. - Bernama

Nota Ras Raka:-

Inilah fakta yang paling betoi dalam banyak-banyak fakta. fakta kos kehidupan tinggi, betoi. gaji dibawah garis kemiskinan, betoi.

Ada satu lagi fakta, iaitu kalau kerajaan setuju maknanya hari mengundi dah nak dekat, betoi.

Bila dah naik gaji, harap produktiviti pun naiklah jugak. surat – surat permohonan jangan lambat sangat. jangan surat sokongan je cepat kuar.

Wakakakaka…

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Kes ADUN Sri Muda: 'Tolong jangan guna wang rakyat'

Kes ADUN Sri Muda: ‘Tolong jangan guna wang rakyat’ - 07/02/2011 5:21pm

KUALA LUMPUR, 7 Feb. - Pemuda Gerakan meminta Kerajaan Negeri Selangor agar tidak menggunakan wang rakyat untuk membiayai kos guaman Anggota Dewan Undangan Negeri (ADUN) Sri Muda Shuhaimi Shafiei yang didakwa atas tuduhan menghasut di Mahkamah Sesyen di Shah Alam hari ini.

Ketua Pemuda Gerakan Kedah, Tan Keng Liang berkata, kos guaman tidak seharusnya ditanggung oleh rakyat di negeri-negeri yang diperintah parti pembangkang semata-mata untuk kepentingan politik.

"Kes berkenaan melibatkan tindakan peribadi seseorang individu dan bukannya membabitkan tindakan rasmi sebuah kerajaan negeri.

"Walaupun Suhaimi adalah anggota Parti Keadilan Rakyat (PKR), ia tidak bermakna parti pembangkang boleh menggunakan wang rakyat untuk membiayai kos guaman untuk sebarang kes peribadi melibatkan anggotanya,” katanya dalam satu kenyataan yang dikeluarkan di sini hari ini.

Beliau merujuk kepada laporan media terhadap kenyataan oleh Sekretariat Akhbar Pejabat Menteri Besar Selangor pada 4 Februari lepas bahawa Kerajaan Negeri Selangor akan membiayai kos perundangan ADUN Sri Muda itu. – Bernama

Nota Ras Raka:-

Elok sangat cadangan kat atas nie. Eloklah dipanjangkan pada parti-parti komponen dan semua kerajaan, bukan kerajaan selanogr sahaja. kalau boleh, mana yang terlepas tu boleh lah suruh Audit Negara check sekali. rasanya belum terlambat untuk PKFZ, sebab nak bina PKFZ tu pun pakai duit rakyat jugak wakakakakaka….

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Harga getah naik: Penoreh peroleh RM60,000 sebulan - Bernama 07/02/2011

Harga getah naik: Penoreh peroleh RM60,000 sebulan

07/02/2011 2:36pm

BESUT, 7 Feb. - Kenaikan harga getah di pasaran dunia memberikan tuah kepada pemilik kebun dan penoreh getah

di Hulu Besut sehingga ada yang memperoleh pendapatan sehingga RM60,000 sebulan hasil jualan susu getah.

Anggota Dewan Undangan Negeri Kawasan Hulu Besut, Nawi Mohamad berkata, kebanyakan daripada mereka memiliki kebun antara tiga dan enam hektar seorang.

"Seorang penoreh yang mempunyai 3 hektar kebun getah memperoleh RM2,000 dalam masa tiga hari dengan menoreh di kebunnya,” katanya kepada pemberita di sini hari ini.

Menurutnya, dengan harga pasaran antara RM8 dan RM10 sekilogram pada masa ini, ada antara penoreh yang memperoleh pendapatan RM60,000 dalam masa sebulan. - Bernama

Nota Ras Raka:-

Syukur Alhamdulillah kalau berita ini benar. Memang harga getah tinggi sekarang, dan bukan hanya getah, tetapi komoditi lain juga.

Cuma, ADUN kalau bercakap ikut fakta tak mengapa, kita tumpang gembira.

Tapi, kalau cakap ikut sedap hati dan semata-mata nak popular, nak jadi news breaker, memang lapan ratus kali hampeh. dengan titik peluh

payah penoreh getah pun ko nak cari modal politik??

ahli politik BN memang terkenal dengan suka buat statement –statement bodoh, dan nampaknya dah mula berjangkit dengan PAS dan PKR.

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Makmal Gaji Minimum bincang esok -BH 07/02/11

Makmal Gaji Minimum bincang esok
Oleh Haspaizi Mohd Zain
haspaizi@bharian.com.my
2011/02/07

Kerajaan yakin Akta Gaji Minimum dapat dilaksana selewat-lewat Jun

KUALA LUMPUR: Kerajaan yakin Akta Gaji Minimum 2011 dapat dilaksanakan selewat-lewatnya Jun depan selepas mendapat maklum balas daripada Makmal Gaji Minimum yang akan berlangsung esok.

Menteri Sumber Manusia, Datuk Dr S Subramaniam, berkata rang undang-undang akta berkenaan akan dibentangkan di Parlimen pada sesi persidangan akan datang yang akan bermula bulan depan.

“Kita akan berusaha untuk melaksanakannya pada bulan Jun ini, kementerian yakin ia dapat dilaksanakan berdasarkan maklum balas daripada pihak berkepentingan,” katanya ketika ditemui di sini, semalam.

Pihak yang berkepentingan dimaksudkan ialah seperti Kongres Kesatuan Sekerja Malaysia (MTUC), Persekutuan Majikan Malaysia (MFE) dan Persekutuan Pengeluaran Malaysia (FMM). –BH 07/02/11

Ras Raka Note:

Kalau nak naik barang, tak dan pukul 12 dah naik, pastu buat diam – diam.

Kalau pasal nak naik gaji, sibuk nak mesyuarat, heboh tak tentu hala, tapi

laksana bulan 6.

Apa ra…

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Egyptian voices from Tahrir Square

By Yahoo! News yahoo! News – Sun Feb 6, 4:05 pm ET

Crowds of Egyptians, estimated to number in the hundreds of thousands, and possibly millions, took to the streets to call for President Hosni Mubarak to step down.
After more than a week of deaths, protests, violence, and looting, the crisis continues.
Yahoo! Contributor Maktoob profiled eight Egyptian protesters from different walks of life who shared their experiences, expectations, and hopes.
Tamim Khalifa, 20,
Single,
University student
I have been to the Tahrir Square on three occasions since the protests started. We are here to raise the word of truth and change the regime, because the regime cannot change its skin without changing its core, and the core is the president.
This is not a revolution of the poor or hungry, it's a revolution for people from all walks of the Egyptian life, both poor and rich.
It is great to see that no one here is afraid.
I want the president to leave and a coalition government to run the country and overlook the changes to the Constitution until a fair election is held in September.
The statements made by the government on Tuesday are contradictory and lack sincerity.
I don't expect the president to step down, but I will continue with the protests.
Mosaab El Shami, 20,
Single,
Pharmacy student and amateur photographer
I have been continuously going to Tahrir Square since January 25th, and have spent several nights over there.
I have never taken part in any protests before, but I felt this was an opportunity because the demands of the protesters are for all Egyptians.
The calls for protests on the Internet made me feel it would be big, so I decided to join. And the fact that they were organized by youth and not political parties is what made me take this step.
I have seen a lot of moving scenes here - a high school kid was weeping and in a hysterical state, saying his brother was shot dead for shouting "There is no God but Allah" in front of the Ministry of Interior.  Another was walking around inviting protesters to his wedding "as soon as Mubarak goes down."
I hope that by the end of this year we will have an elected government and that universal freedoms are applied and that we put an end to the corruption that has taken over this country.
I don't expect that all of my hopes or dreams will be achieved. There will be some changes for the better, but it will be a long process filled with a lot of obstacles.
Nadia El Awadi, 42,
Mother of four,
Journalist
I came to Tahrir Square to document, report and witness these historic moments. I have been coming since January 25th, and have already spent three nights here.
People from different backgrounds and factions are supporting each other, encouraging each other and acting as one, an unprecedented scene in Egypt.
The atmosphere here in the Square is filled with love.
For the first time Egyptians feel they own the country. What Egypt is witnessing today is what we have been longing for.
I am hoping this regime leaves, because I don't trust it to fulfill the promises it made and move the country from where it currently is to a more democratic situation.
This regime might have done some good things in the past, but that does not erase all the bad things we endured over the years.
I believe the move towards democracy will take more than one year, but I hope what has happened has put us on the beginning of the road.
I feel like I am standing on the Berlin Wall, with democracy on one side and dictatorship on the other, and I hope this wall falls down and we can rebuild Egypt.
I expect that in a year's time we will have achieved elements of what we are asking for, yet I remain worried that we won't.
Mohammed Abdel-Aziz, 33,
Married businessman
I went to Tahrir Square once on Tuesday to support the protesters and voice my dissatisfaction with what the regime is doing, especially since January 25th.
I was so impressed by how organized and civil this group of youths were and how peaceful their demonstrations were.
I hope the youth of the January 25th movement calm down, and be proud of what they have achieved so far. They also have to regroup and choose a leader from among them to start a dialogue with the new government in order to move forward.
I really believe the new government will deliver on their promises.
The political arena will witness a different kind of power struggle between the different fronts in the upcoming period, especially if the parliament is dissolved.
Tamer El Demerdash, 36,
Married, father of a one-year-old child,
Engineer
The atmosphere in Tahrir Square is magnificent.
I have been at the Square for the past four days. Protesters are maintaining the cleanliness of the place and sharing food and doctors are providing medical assistance to the wounded on the ground.
The thugs are still around us. On Thursday they were blocking all the supporters from bringing in any food or medicine into the Square, but we found alternative routes to keep the supplies coming.
The president is playing with our emotions… and the Egyptian state TV is filled with lies. They are using the Muslim Brotherhood card to strike fear into us, but I am telling you that even though they are with us (protesters), they are not imposing their ideas on us, and even if they do, we won't allow them.
I am hoping that President Mubarak steps down and relinquishes power to Vice President Omar Suleiman. When the regime goes down, we should regroup and figure things out with the help of the Committee of Elders.
Angham Abdel-Nasser, 19,
University student
I have no political affiliations, yet I wanted to go to Tahrir Square to take part in the demonstrations. Unfortunately, my family wouldn't allow me because of all the violence and attacks on the protesters.
I want everyone in Tahrir Square to know that the best thing right now is dialogue (with the regime) to achieve our goals with the least possible losses.
All I hope now is that President Mubarak lives up to his words and that the next seven months pass by peacefully.
Mohammed Tarek, 24,
Single
I came to Tahrir Square along with the millions of Egyptians who are pouring in from all over to put an end to the humiliation they have endured over the past few decades and to help Egypt regain its stature.
I witnessed the terror that the protesters were subjected to from the regime. Before, they try to play mind games with us to sympathize with this old president.
I hope that Mubarak will step down. In fact, I truly believe he will step down.
Ahmed Salah, 34,
Doctor
I came to Tahrir Square to see for myself the truth that the regime is trying to taint.
I saw the thugs on Wednesday come in on camels and horses and attacking the protesters.
It started as a beautiful day, and we were trying to convince our fellow protesters that we achieved what we want and the demonstrations should come to an end, until the attacks occurred, which changed everything.
I don't think President Mubarak is stupid to do something like this, but if this says something, it says that he is not the only one calling the shots. That is why we cannot trust any words or promises from this regime.
I believe that things will calm down, unless the government does something stupid.
I want the protesters to go home and negotiations for a new Constitution to commence, followed by early parliamentary and presidential elections.

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Hosni Di talak seribu oleh Amerika

– Sun Feb 6, 5:25 pm ET (Yahoo News)

WASHINGTON – President Barack Obama says Egypt isn't going back to being the country it was now that pro-democracy protests have roiled the Arab country the last two weeks.

In an interview broadcast Sunday on Fox television before the Super Bowl, Obama said it's clear that the people of Egypt want freedom and free and fair elections.

Asked whether Egyptian President Hosni Mubarak will leave office soon, Obama said that only Mubarak knows what he will do at this point.

Obama said he is confident that a representative government in Egypt will be one that the U.S. can work with as a partner.(YahooNews)

Ras Raka:

Obama sekali lagi bagi hint kat Hosni supaya turun dan jangan lagi membahayakan Israel dan terusan suez, yang merupakan interest utama amerika dan sekutu kuatnya Israel.

Hosni sudah ditalak seribu oleh US dan sekutunya. Sekarang mereka mencari ‘isteri’ baru di Mesir.

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Reactions to Egypt's unrest in the Arab press

Reactions to Egypt's unrest in the Arab press

What the Arab papers say : Feb 2nd 2011, 10:46 by J.D. | LONDON

THE Arab press has been following the unrest in Egypt closely since the country's first "day of rage", over a week ago. 
In Al Shorouk, an independent Egyptian daily newspaper, Emad El Din Hussein describes the sudden disappearance of religious and political barriers that have divided Egyptians in the past decades: 
I swear by Almighty God that I cried with joy to see Egypt reborn in Tahrir Square on Tuesday night…Members of Muslim Brotherhood, Nasserists and Marxists were all present; you could recognize them from their physical appearance and the way they spoke or dressed. But they were few and far between...The majority of those present were ordinary citizens...thousands of people mingled together shouting different slogans and singing together…other demonstrators sat talking about poverty, unemployment and violation of human dignity.
While enthusiastic about the sudden spurt of political activism in Egypt, Mena Malak La‘zar also expresses his anxiety for the movement’s momentum. He writes in the Egyptian opposition daily, Al Masri Al Youm: 
Egypt can now boldly say no! Though officials may manage to disperse the demonstrators, they will not succeed in killing them. They need to solve their problems. Otherwise the consequences could be bad and could be against the nation’s best interests. Some of those involved may "ride the wave," and take advantage of those who are not politicised, seizing illegitimate opportunities. And so these living protests would die.
We must try and maintain this heartbeat in the body of the motherland, and keep alive the remnants of hope in our veins. 
Similarly, Clovis Maqsoud of the Lebanese newspaper, Al Nahar, points out that the disorder resulting from the protests has prompted a sense of Egyptian national unity—"as in the case of a citizen’s arrest of a gang of secret police caught trying to break into the Central Bank of Egypt, or citizens protecting the Egyptian National Museum" which, he argues, "emphasizes the culture and sense of responsibility of the revolution of the masses toward future generations in Egypt." Nevertheless, he writes, the greatest test lies ahead: 
But what is most important and what qualifies today's events as a new chapter in the history of the Arabs is that the revolution of the masses and the new generation has imposed a series of demands on other opposition forces in Egypt. From those on the left to nationalists, Islamists and other groups, people of different political persuasions are interacting the way you do in pluralist politics. This uprising has a rhythm to it though, and the multiplicity of parties will only be a reliable reference of the "revolution of the young" if they unite in turn and prove themselves by putting their similarities and differences at the heart of a process to provide a real framework of government.
Leading with the tagline "Egypt's problems will not be solved by burning and looting," the Saudi newspaper, Al Jazirah, worries about what the protests are turning into: 
In France, hardly a week goes by without the streets being filled with demonstrations for social, economic, political—even moral—causes…only rarely have protesters looted a food warehouse or a retail goods store to steal its contents—turning demonstrators into the thieves. In European and Asian countries, there are clashes between demonstrators and police, with police vehicles set aflame. But only in Arab countries do we see the transformation of demonstrations into theft…seeing this looting, law-abiding Egyptians worry that the fate of their country has been hijacked by a bunch of thieves.
There is plenty of venom directed at Mr Mubarak. Saleh Awad, writing in Echourouk, a Tunisian daily paper, describes Mr Mubarak as a Zionist collaborator and traitor to the pan-Arab cause: 
The Pharaoh has fallen. He fell because of the American aggression against Iraq and the help he gave them in occupying an Arab Muslim country. He fell because of the part he played in the conspiracy against Palestine and its humiliated people. He fell because of the conspiracy against Syria, Lebanon and Sudan. The Zionists' sweetheart and the architect of a humiliating normalisation of relations with Israel has fallen. That it is happening is divine punishment carried out by the people. 
There is concern across the Arab world about where the uprisings will lead the people of Egypt. ‘Arib Al-Rantawi writes in the Jordanian paper, Al Dustour:
Yesterday, a week after the descent of people into the streets and squares of Egypt, the president informed his fellow Arab rulers—anxious more out of concern for themselves than for his safety—that Cairo is neither Tunisia nor Beirut, a sign of the state of denial these leaders are living in. They see heads of state falling, Zine el Abidine Ben Ali to Saad Hariri, from Tunis to Beirut, and the hundreds of thousands of Egyptians, led by the turbans of Al-Azhar and the pillars of the judiciary. And so they respond, saying "unleash the fighter jets to scream across the Cairo sky."
They are betting on the exhaustion of the Egyptian street...They are betting that Egypt will sink into a sea of chaos and destruction...They hope for a scenario in which the temple is destroyed, the "Samson option"…but yesterday instead Egyptians shouted together from Tahrir Square, from behind Azza Bulabag and Ahmed Fouad Negm: "O Egypt, my nation, stay strong!  All that you hope for is yours!”
Mr Rantawi is not alone in feeling that, "like a genie, the people of Egypt have escaped from the bottle, and it is impossible to stuff them back in." Like many, Adbel Bar Atwan of the London Arabic daily Al Quds Al Arabi agrees that things have changed irrevocably for Egypt:
What we should realise and understand is that we are at the vanguard of a new Arab world where there is no place for the rule of repressive dictatorships belonging to the Cold War, nor their hollow slogans…that period has worn itself out and is extinct, and now in its place, we have the generation of Facebook and the internet.
Egypt is living through a real revolution, triggered by brave young people desperate to get rid of the knot of fear, wanting to topple the regime of corruption, nepotism and mafiosos—to restore Egypt to her international role and former standing.
Others see the problem differently. Tariq Hameed of the pan-Arab daily Al Sharq Al Awsat writes that Egyptians’ dissatisfaction with Mr Mubarak has nothing to do with the president himself, whom he describes as being "neither Saddam Hussein nor Zine el Abidine Ben Ali," and "a nationalist in both war and peace" whom Egyptians are "proud to have as a part of their history." Rather it is the institutionalised tolerance of unlimited presidential terms that they are protesting against:   
The crisis is not a crisis of the Egyptian regime, but a crisis of all Arab republics. If the opponents of Mubarak’s regime blamed it yesterday for being a client of America, how can they blame Washington today for not standing against it strongly, or forget that there other Arab republics whose democratic predicaments are far greater than the plight of the Egypt...? Washington has allowed Nuri al-Maliki to take a second term in Iraq, despite losing the election! Is this a case of Arab hypocrisy, or its absence? What about the Sudanese regime, for example? And the other republics?
This is not a defense of the Egyptian regime, or any other, but is a call for reason and reflection, rather than emotion. 
At the moment, pro-government Egyptian newspapers, such as the state-run Al-Ahram—long considered the voice of Mubarak’s National Democratic Party—as well as the state-backing independent daily Al-Akhbar, have been taken offline and the internet in Egypt is still unreliable, hence the paucity of links. We'll add them when we can. In the mean time, you can read more translations at Meedan.net.

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The Finite World - Paul Krugman (on commodities)

December 26, 2010

The Finite World

By PAUL KRUGMAN

Oil is back above $90 a barrel. Copper and cotton have hit record highs. Wheat and corn prices are way up. Over all, world commodity prices have risen by a quarter in the past six months.

So what’s the meaning of this surge?

Is it speculation run amok? Is it the result of excessive money creation, a harbinger of runaway inflation just around the corner? No and no.

What the commodity markets are telling us is that we’re living in a finite world, in which the rapid growth of emerging economies is placing pressure on limited supplies of raw materials, pushing up their prices. And America is, for the most part, just a bystander in this story.

Some background: The last time the prices of oil and other commodities were this high, two and a half years ago, many commentators dismissed the price spike as an aberration driven by speculators. And they claimed vindication when commodity prices plunged in the second half of 2008.

But that price collapse coincided with a severe global recession, which led to a sharp fall in demand for raw materials. The big test would come when the world economy recovered. Would raw materials once again become expensive?

Well, it still feels like a recession in America. But thanks to growth in developing nations, world industrial production recently passed its previous peak — and, sure enough, commodity prices are surging again.

This doesn’t necessarily mean that speculation played no role in 2007-2008. Nor should we reject the notion that speculation is playing some role in current prices; for example, who is that mystery investor who has bought up much of the world’s copper supply? But the fact that world economic recovery has also brought a recovery in commodity prices strongly suggests that recent price fluctuations mainly reflect fundamental factors.

What about commodity prices as a harbinger of inflation? Many commentators on the right have been predicting for years that the Federal Reserve, by printing lots of money — it’s not actually doing that, but that’s the accusation — is setting us up for severe inflation. Stagflation is coming, declared Representative Paul Ryan in February 2009; Glenn Beck has been warning about imminent hyperinflation since 2008.

Yet inflation has remained low. What’s an inflation worrier to do?

One response has been a proliferation of conspiracy theories, of claims that the government is suppressing the truth about rising prices. But lately many on the right have seized on rising commodity prices as proof that they were right all along, as a sign of high overall inflation just around the corner.

You do have to wonder what these people were thinking two years ago, when raw material prices were plunging. If the commodity-price rise of the past six months heralds runaway inflation, why didn’t the 50 percent decline in the second half of 2008 herald runaway deflation?

Inconsistency aside, however, the big problem with those blaming the Fed for rising commodity prices is that they’re suffering from delusions of U.S. economic grandeur. For commodity prices are set globally, and what America does just isn’t that important a factor.

In particular, today, as in 2007-2008, the primary driving force behind rising commodity prices isn’t demand from the United States. It’s demand from China and other emerging economies. As more and more people in formerly poor nations are entering the global middle class, they’re beginning to drive cars and eat meat, placing growing pressure on world oil and food supplies.

And those supplies aren’t keeping pace. Conventional oil production has been flat for four years; in that sense, at least, peak oil has arrived. True, alternative sources, like oil from Canada’s tar sands, have continued to grow. But these alternative sources come at relatively high cost, both monetary and environmental.

Also, over the past year, extreme weather — especially severe heat and drought in some important agricultural regions — played an important role in driving up food prices. And, yes, there’s every reason to believe that climate change is making such weather episodes more common.

So what are the implications of the recent rise in commodity prices? It is, as I said, a sign that we’re living in a finite world, one in which resource constraints are becoming increasingly binding. This won’t bring an end to economic growth, let alone a descent into Mad Max-style collapse. It will require that we gradually change the way we live, adapting our economy and our lifestyles to the reality of more expensive resources.

But that’s for the future. Right now, rising commodity prices are basically the result of global recovery. They have no bearing, one way or another, on U.S. monetary policy. For this is a global story; at a fundamental level, it’s not about us.