Malaysia’s prime minister says globalization needs fixing

Malaysia Prime Minister Mahathir Mohamad speaks during the APEC CEO Summit 2018 at the Port Moresby, Papua New Guinea, 17 November 2018. (REUTERS)
Updated 17 November 2018
0

Malaysia’s prime minister says globalization needs fixing

  • Malaysian PM: “The trade war between the US and China has amplified further the disruption to our trade and commerce”

PORT MORESBY: Malaysian Prime Minister Mahathir Mohamad on Saturday said nations needed to reevaluate globalization and economic integration because it was leaving some people behind and fueling inequality.
Speaking at the Asia Pacific Economic Co-operation (APEC) summit in Papua New Guinea, Mahathir called for a more level playing field on trade between rich nations and the developing world.
“The benefits of free and fair trade and economic integration have been ruptured, exemplified by Brexit and trade wars between major economies,” Mahathir said.
“The trade war between the US and China has amplified further the disruption to our trade and commerce.”


Six dead as car plows into crowd in China; police kill driver

Updated 23 min 59 sec ago
0

Six dead as car plows into crowd in China; police kill driver

BEIJING: A car rammed into a crowd in central China Friday, killing six people and injuring seven others, and the driver was fatally shot by police, state broadcaster CCTV reported.
The injured were taken to hospital following the early morning incident in Zaoyang City in Hubei Province, CCTV said.
China has suffered a spate of similar incidents in recent months.
Last September, 11 people died and dozens were injured when a car struck a crowd in a public square in the central Hunan province city of Hengdong.
Police detained the driver, a man in his 40s, and described him as a “vengeful repeat offender” who had daggers in his car and intended to “cause serious damage.”
In late November, a car plowed into a group of children crossing a street in front of an elementary school in the northeastern Liaoning province, killing five people and injuring at least 19.
The driver said he “chose his victims at random” and had reportedly been contemplating suicide due to domestic troubles before the tragedy occurred.