Latest News
Tharman Shanmugaratnam: Singapore picks a president who could’ve been much more
Singaporeans have chosen Tharman Shanmugaratnam as their next president – but many would have let out a small sigh of disappointment as they did so.
On Friday, the former top minister won a record 70.4% of the votes, comfortably beating two other candidates in the country’s first contested presidential election in more than a decade.
Tharman Shanmugaratnam was always the clear front-runner. Urbane, well-spoken and intelligent, he is highly regarded by Singaporeans and consistently polls as one of the island’s most popular politicians. Which was why, when he announced several months ago he was quitting the ruling People’s Action Party (PAP) to run for president, many Singaporeans were baffled by what they viewed as a waste of his potential.
The role of president is a largely ceremonial one that holds little power, apart from having some say on the use of Singapore’s sizeable financial reserves. It has even less say in public affairs – the government, which has the power to remove the president, has made it clear the president cannot speak too freely and has likened the role to the British monarch.
It is a figurehead role that many see suitable for a pleasant, uncontroversial person to inhabit, as has been the case with past presidents. But Tharman Shanmugaratnam is much more than that.
Besides helping to helm Singapore’s political leadership as finance minister and deputy prime minister, the former economist has also held top council positions at global institutions such as the United Nations and the International Monetary Fund (IMF). At one point, he was even tipped to head the IMF.
Some Singaporeans thought that if he ever left the PAP, he would go on to make his mark in the international arena. Even more hoped he could be prime minister. A survey some years ago saw him poll as the first choice to become PM after incumbent Lee Hsien Loong steps down. In general elections, Mr Tharman’s constituency often scores the highest after Mr Lee’s.
Part of this popularity stems from the fact that as a long-time deputy, Mr Tharman’s reputation has been shielded from the slings and arrows of public criticism which Mr Lee has had to bear.
But the 66-year-old has also cultivated a gentlemanly image, and has refrained from engaging in personal attacks unlike some other politicians. This has played well with an electorate that likes its leaders genteel and statesmanlike. Many felt he had the chops and stature to become that almost mythical creature – the first non-Chinese prime minister of Singapore – and break a glass ceiling that the government has long insisted is concrete. Famous for their racial realpolitik, PAP leaders often reiterate that Singapore, a Chinese-majority country, is not ready to accept a minority PM.
Mr Tharman kept mum on this topic until last week when he said he felt Singapore was ready, sharpening the sting of disappointment among his supporters. But Mr Tharman has also insisted he would not be good at being PM and with the PAP’s new leadership waiting in the wings, it could be said he was already on his way out. One theory is the PAP wanted him to run for president to help shepherd the next generation of leaders. And so, he chose to run for president instead. Although Singapore has had non-Chinese presidents in the past, Mr Tharman is the first one voted in by the public.
His supporters could claim his victory as a win for representation and a repudiation of racism. In the lead-up to the election, some social media posts insisted that Singapore must have Chinese leaders. Mr Tharman’s two competitors were both Chinese.
(BBC)
Latest News
India to host Zimbabwe for maiden women’s bilateral series
The India and Zimbabwe women’s teams are all set to play an international fixture against each other for the first time when Zimbabwe tour India for white-ball fixtures this October.
The tour comprises three T20Is and three ODIs and will be Zimbabwe’s first visit to India; India are yet to tour Zimbabwe for bilateral fixtures.
The three T20Is will be played in Raipur on October 16, 18 and 20, and the ODIs are on October 23, 25 and 28 in Baroda.
The fixtures were announced by the BCCI on Wednesday, along with two home series for the India A women’s side against Australia A in September and England A in December. Both those series comprise three T20s, three List A games and one multi-day fixture.
The India Under-19 women’s team will also host Sri Lanka U-19 in June and July for three T20s and three 50-over games, and England U-19 in November and December for five T20 fixtures.
The Australia A men’s side will tour India for two multi-day fixtures and three one-dayers in September and October, while the Australia U-19 side will visit India for two multi-day fixtures and three one-dayers also in September and October.
[Cricinfo]
Latest News
Oil prices drop and stock markets rise after reports of deal to end Iran war
Oil prices have dropped and global stock markets have risen following reports that the US and Iran are close to a deal to end the war.
Brent crude futures, the global benchmark oil price, fell to $97 (£73) a barrel after the reports before rebounding to over $101. The price was over $108 earlier in the day.
The FTSE 100 index of London’s largest public firms and Germany’s Dax index closed over 2% up while the French Cac 40 was up 3%. Asian indexes also ended the day higher while the US S&P 500 was up by more than 1% over the day.
The market movements come after Axios reported that the US believes it is close to a one-page document which will end the war and set up detailed nuclear talks.
Hours later, an Iranian foreign ministry spokesperson told Iranian Students’ News Agency that the US proposal to end the war with Iran was still being considered.
However, not long after that, Trump suggested a deal could still be a way off.
He said on Truth Social that any agreement by the Iranians is “a big assumption” and that a failure to come to a deal will result at bombardments “at a much higher level and intensity ” than was the case during Operation Epic Fury.
Oil prices are still much higher than the $70 a barrel they were hovering around before the start of the US-Israel war with Iran, which has caused caused production and transportation of oil in the region to slump.
Central to the conflict is Iran’s threat to attack oil ships crossing the Strait of Hormuz, a narrow waterway south of the country, in response to US-Israeli strikes since 28 February.
About a fifth of global oil and gas shipments usually cross the strait, which has been effectively closed for weeks. Global gas prices have also soared since the conflict began.
As for stock markets, the big European bourses are lower than they were at the end of February, while the S&P 500 climbed by more than 1%.
The main Asian markets all rose on Wednesday, with the South Korean Kospi closing up 6.45%, the Hong Kong Hang Seng ending the day up 1.22%, and the Japanese Nikkei finishing 0.38% higher.
The Hang Seng is down since the start of war, but the other two are up.
[BBC]
Latest News
Shamas, Feroza hit tons as Pakistan win big to clinch ODI series
Pakistan Women 343/4 in 50 overs (Sadaf Shamas 101, Gull Feroza 100, Sidra Amin 59; Christina Mutasa 1-19, Lindokuhle Mabhero 1-52, Olinder Chare 1-40, Nomvelo Sibanda 1-61) beat Zimbabwe Women 137 in 39 overs (Runyararo Pasipanodya 33*; Fatima Sana 3-15, Diana Baig 1-23, Momina Riasat 2-39, Rameem Shamim 2-20, Syed Aroob Shah 2-18) by 206 runs
-
News2 days agoCJ urged to inquire into AKD’s remarks on May 25 court verdict
-
News6 days ago“Three-in-one blood pressure pill can significantly reduce risk of recurrent strokes”
-
News3 days agoUSD 3.7 bn H’tota refinery: China won’t launch project without bigger local market share
-
News6 days agoAlarm raised over plan to share Lanka’s biometric data with blacklisted Indian firm
-
News4 days agoEaster Sunday Case: Ex-SIS Chief concealed intel, former Defence Secy tells court
-
News5 days agoTen corruption cases set for court in May, verdict ordered in one case – President
-
News6 days agoUSD 2.5 mn fraud probe: Interdicted MoF official found dead at home
-
Editorial3 days agoDeliver or perish
