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Economy Mar 26, 2026

Malaysia's Expatriate Crackdown Sparks Talent Exodus Concerns Amid Policy Overhaul

Malaysia's new policy to raise minimum salary thresholds for foreign workers up to two-fold and cap…
Kuala Lumpur, Malaysia – For over a decade, Sanjeet, a business consultant from India, considered Malaysia his home. Having grown comfortable with the country's climate, people, and lifestyle, he had begun planning long-term investments, including property purchases.However, recent government initiatives to reduce Malaysia's reliance on foreign workers have abruptly disrupted these plans for Sanjeet and thousands of other expatriates. Starting June, minimum salary requirements for foreign workers will increase by up to 100%, while their maximum permitted stay will be limited to five or ten years."What was surprising was that this came out of the blue," Sanjeet, who requested to use a pseudonym, told Al Jazeera. "It does leave room for doubt in terms of long-term plans, which include things like buying a house or car here."Malaysia has long been an attractive destination for foreign labor, with approximately 2.1 million documented foreign workers currently in the country. While many take on manual labor at the minimum wage of 1,700 ringgit ($430) monthly, a smaller but significant pool of around 140 highly-paid expatriates contributes substantially to the economy.In 2024, Home Affairs Minister Saifuddin Nasution revealed that these high-salaried expatriates injected about 75 billion ringgit ($19 billion) into the domestic economy annually while contributing approximately 100 million ringgit ($25 million) in taxes.The government's latest five-year national strategy, released in 2025, warns that Malaysia's "continuous reliance" on low-skilled foreign workers has hampered technological adoption and created "ripple effects" in the labor market, including wage distortions and slow productivity growth.To address these concerns, authorities aim to reduce the foreign workforce proportion from 14.1% in 2024 to just 5% by 2035. This ambitious target is supported by new minimum salary requirements that will see thresholds increase from 10,000 to 20,000 ringgit ($2,500 to $5,000), 5,000 to 10,000 ringgit ($1,260 to $2,520), and 3,000 to 5,000 ringgit ($760 to $1,260) for different work permit categories.UK native Thomas Mead, a 28-year-old wealth manager who recently purchased property in Kuala Lumpur, expressed shock at the sudden policy changes. "However, the jump from RM10,000 to RM20,000 was quite a shock," he said, noting that some expatriates are already considering relocation options despite their reluctance to leave.The policy changes are also raising concerns among businesses. Douglas Gan, a Singaporean founder of a venture capital fund with Malaysian portfolio companies, warned that the new rules would drive up costs and make it challenging to recruit specialized talent. "If salaries increase to 10,000 ringgit, companies definitely won't bring them here," he said, advocating for a more tailored approach rather than a "blanket solution."Leonardo, an Indonesian professional working in Malaysia's computer games sector, faces downgrading to a lower employment pass category under the new rules, potentially jeopardizing his plans to bring his mother to live in the country. "My mum is alone and living in Indonesia. There was a thought that if I could settle here, I could bring her over," he said.Economic analysts caution that the success of these policies depends on Malaysia's ability to develop its local workforce. "The long-run gain depends less on blocking expats and more on whether Malaysia can actually supply the skills," said Wan Suhaimie, head of economic research at Kenanga Investment Bank. He emphasized that foreign workers on mid-tier employment passes are not extravagant hires but "core managers, engineers and specialists."Anthony Dass, CEO of FSG Advisory, noted that while the measures align with strengthening the local talent pipeline, their effectiveness will depend on complementary reforms in capability building and industry upgrading.As these policies take shape, expatriates like Sanjeet are already considering alternatives. "If Malaysia pursues these policies without a comprehensive rationale, then people like me will look for alternatives such as Vietnam, Thailand and elsewhere, which have favourable policies for expats," he concluded.
#Malaysia #Ministry of Human Resources #foreign workers
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Tech Mar 26, 2026

Federal Judge Rules in Favor of Anthropic in AI Dispute with Pentagon

A federal judge in California has temporarily halted the US government's punitive measures against …
A federal judge in California has ruled in favor of Anthropic in its case against the Department of Defense, granting a temporary injunction against the government's punitive measures. The standoff revolves around Anthropic's refusal to allow the Pentagon to use its Claude AI model for autonomous lethal weapons or domestic mass surveillance.Judge Rita Lin found that the government overstepped its authority in designating Anthropic as a 'supply chain risk,' stating that this move was 'likely both contrary to law and arbitrary and capricious.' The judge questioned the government's rationale, suggesting that their actions seemed aimed at crippling Anthropic.Anthropic argued that the government's actions violated its First Amendment rights and could cost the company hundreds of millions or even billions of dollars. The injunction has significant implications for the government's efforts to replace Claude with other AI tools, particularly given its extensive use in military operations, including target selection and analysis of missile strikes.
#Anthropic #Pentagon #Claude
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Politics Mar 26, 2026

Gulf States Step Back from Iran Mediation as Trump's Peace Efforts Questioned

Gulf Arab states, historically key mediators in regional conflicts, are distancing themselves from …
Following Donald Trump's recent claims that the US is engaged in 'strong talks' to end the war with Iran, Qatar took the unusual step of publicly distancing itself from any alleged diplomatic negotiations. The Gulf state's government spokesperson Majed al-Ansari explicitly stated, 'Qatar was not involved in any mediation efforts,' adding pointedly, 'If they exist.'This represents a significant departure from Qatar's traditional role as a chief mediator in Middle East conflicts, having previously facilitated negotiations between Israel and Hamas, the US and the Taliban, and peace deals in Lebanon and Sudan.Over the past three weeks, Gulf states have found themselves on the frontlines of the conflict after their mediation efforts to prevent war were ultimately rejected by the US. The pattern of broken negotiations is particularly telling: the US attacked Iran twice during talks aimed at halting the Iranian nuclear program, which were championed by Oman. Discussions last June were halted as the US and Israel conducted strikes on Iran's nuclear facilities, and revived talks in February were similarly undermined when Trump began bombing Tehran before the final round of meetings.Since the war began, Gulf states have been forced to spend billions defending against daily Iranian missile and drone attacks, with their economies and sovereignty suffering substantial damage. Analysts suggest their reluctance to engage with the alleged ceasefire efforts reflects both the heavy toll of continued warfare and lingering suspicion about whether Trump's peace initiatives are genuine or merely a pretext for further escalation.As Bilal Saab, senior managing director of advisory group Trends US and former Pentagon official in the first Trump administration, explained: 'They've been burned by their previous experience. They previously thought they played a useful mediating role – until they realised that it was all for naught. Not to mention that they have been directly implicated in the war and are still being attacked by the Iranians. So there's a lot of pent-up frustration and disappointment.'By Wednesday night, the Iranian regime had outright rejected Trump's 15-point plan to end the war, submitted to Tehran via Pakistani generals, as 'extremely unreasonable' and presented their own substantially different proposal.The concern among Gulf states is that any negotiations could become a front for military escalation or even the assassination of additional Iranian leaders. This anxiety is compounded by the simultaneous deployment of thousands of US troops to the region and the persistent fear of being used as pawns in the US and Israel's Middle East strategy.Professor Bader al-Saif of Kuwait University noted: 'Whenever the word negotiation was used by the Trump administration, we unfortunately ended up under the rubric of war.' He emphasized that while Gulf states are reluctant to engage with what they perceive as a potential Trumpian charade, they recognize the critical importance of shaping any realistic peace negotiations that could affect their future.The existential threat to Gulf economic ambitions is particularly concerning. The prospect of Trump ending the war with the current Iranian regime still in place—potentially more vengeful than before and acutely aware of the damage its missiles can inflict on multi-billion-dollar infrastructure—poses significant risks. Additionally, there remains no clear solution to Iran's effective control over the Strait of Hormuz, through which most of the region's oil and gas exports flow.Analysts suggest that beyond relying on US-led negotiations, Gulf states should pursue their own separate dialogue with Iran. As al-Saif stated: 'They shouldn't only count on the US to do the negotiation. They should go and strike a deal with Iran for themselves. This was not our war, and if we can shield ourselves from being impacted any further, we should do it to protect our own national interests.'
#Gulf Cooperation Council #Iran #United States
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World Economy Mar 26, 2026

Iran War Creates Complex Crossroads for Global Clean Energy Transition

The Iran war has triggered the worst oil crisis in history according to the IEA, creating complex i…
The deadly conflict in Iran has precipitated what the International Energy Agency describes as the worst oil crisis in history, creating a complex situation for global clean energy efforts. While climate advocates are calling for accelerated transition away from fossil fuels, the war simultaneously presents both opportunities and significant challenges for renewable energy development.US-Israeli strikes on Iran have critically disrupted supply routes through the Strait of Hormuz, a maritime channel through which 20% of global oil flows. The conflict has also seen direct attacks on fossil fuel infrastructure by all parties involved, creating additional market shocks and uncertainty.Interestingly, reduced reliance on oil and gas is proving beneficial for some regions navigating the ongoing fuel crisis. As Jan Rosenow, a professor of energy at Oxford University, explains: Electricity generated from wind and solar is largely insulated from fossil fuel price volatility – once built, the fuel is free.Countries with substantial renewable energy investments are demonstrating greater resilience. Spain and Portugal have witnessed electricity prices decline in recent weeks, while Pakistan has experienced a surge in rooftop solar installations over the past five years, helping the nation weather oil and gas market disruptions.The electric vehicle revolution is also providing some economies with protection against gasoline price increases. In China, more than 50% of all new cars sold are electric, while in Nepal, that figure reaches an impressive 70%.However, the war is creating near-term challenges that could impede clean energy growth. The conflict has disrupted transport routes for metals essential in solar panel construction, particularly aluminum. The Middle East accounts for approximately 9% of global aluminum production, and regional producers have begun scaling back operations amid the hostilities.Furthermore, the inflationary pressures stemming from the conflict pose significant hurdles for renewable energy projects, which require substantial upfront investment for construction, equipment, and installation.Paradoxically, the war and resulting energy shocks have provided a short-term boon for fossil fuels, including coal. Many Asian countries heavily reliant on imported liquefied natural gas (LNG) are burning more coal to meet energy demand as LNG supplies through the Strait of Hormuz become constrained.The conflict has also incentivized increased oil and gas drilling and exploration, as countries scramble to replace disrupted LNG supplies and higher prices make previously unviable projects economically viable. US company Venture Global recently announced a new five-year contract to supply LNG, while Canadian energy company TC Energy indicated that Iran war disruptions are increasing the likelihood of expanding a massive LNG export facility.The Trump administration has further incentivized oil expansion, recently announcing plans to pay a French company $1 billion to abandon offshore wind farm projects in favor of fossil fuel initiatives.Experts propose various policy responses to encourage the green transition during this crisis. Rosenow advocates for tax reform to reduce the disproportionate burden on electricity compared to gas. Professor Gregor Semieniuk suggests imposing windfall taxes on oil and gas companies during the war, while Lauren Pagel of Earthworks calls for ending fossil fuel subsidies and making polluters pay for their environmental impact.Despite the current challenges, Kingsmill Bond, a strategist for the energy thinktank Ember, maintains that this crisis could ultimately accelerate the clean energy transition: This is the first oil shock in history where oil faces a superior alternative. Solar, wind and EV are cheaper, local, faster to deploy, and huge.
#energy #war #oil
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Commentisfree Mar 26, 2026

UK Water Privatisation: A Lethal Scandal Exposed

The article discusses the tragic story of Julie Maughan, whose eight-year-old daughter died due to …
The recent story of Julie Maughan, a grieving mother who lost her eight-year-old daughter Heather Preen due to exposure to polluted water, has left an indelible mark. The Channel 4 docudrama Dirty Business brings to light the struggles of campaigners and families fighting against privatised water companies and a system that often fails to protect them.In a poignant meeting, Julie Maughan's emotional testimony, marked by grief, dignity, and determination, underscored the human cost of water privatisation. Her story starkly contrasts with the detached world of statistics and policy debates, illustrating the moral failure of a system that prioritises profit over people's lives.Clive Lewis, Labour MP for Norwich South, argues that the water industry's model, which allows private companies to profit from a basic necessity while the public bears the risk, is fundamentally flawed. This has led to billions being paid to shareholders while investment falls short and pollution becomes routine.The article highlights the broader implications of water privatisation as a microcosm of a larger systemic problem. With millions of households facing another wave of pressure on their living standards due to an impending energy price surge, the question remains whether the current economic framework can adapt to address these challenges.Lewis emphasises that Labour must decide whether it stands with the electorate or the water companies, advocating for a fundamental reorientation of the economy that prioritises the public interest over profit. The story of Julie Maughan and her daughter Heather serves as a powerful reminder of the human cost of policy failures and the urgent need for change.
#not #water #our
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Tech Mar 25, 2026

OpenAI Scraps AI Video App Sora Amid Deepfake Concerns and Partnership Fallout

OpenAI is discontinuing its AI video app Sora due to concerns over deepfakes and nonconsensual cont…
OpenAI has announced the shutdown of its social media app Sora, which allowed users to share short-form videos generated by artificial intelligence. The decision comes amid growing concerns over the potential for deepfakes and nonconsensual content.The app, launched in September, aimed to capture the attention and advertising dollars of short-form video platforms like TikTok and Instagram. However, advocacy groups, academics, and experts raised alarms about the dangers of AI-generated videos, leading to proliferation of realistic deepfakes and "AI slop".OpenAI was forced to crack down on AI creations of public figures, including Michael Jackson, Martin Luther King Jr, and Mister Rogers, doing outlandish things, after an outcry from family estates and an actors' union.The shutdown affects a $1 billion deal between OpenAI and Disney, which was announced three months ago. The deal included Disney investing $1 billion in OpenAI and lending over 200 of its iconic characters for use in short, AI-generated videos. However, the transaction never closed, and no money changed hands.Disney stated that it respects OpenAI's decision to exit the video generation business and shift priorities elsewhere. The abrupt cancellation of Sora illustrates the messy process of streamlining as OpenAI prepares for a potential stock market debut later this year.
#OpenAI #Sora #deepfake
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Politics Mar 25, 2026

US Approves $16.5 Billion Arms Deal with Gulf States Amid Rising Iran Tensions

The US has approved a $16.5 billion arms deal with the United Arab Emirates, Kuwait, and Jordan as …
The United States Department of State has approved a significant arms deal worth $16.5 billion to Gulf states, including the United Arab Emirates, Kuwait, and Jordan. This move comes as tensions between the US and Iran continue to intensify. The deal includes $8.4 billion worth of arms to the United Arab Emirates, which will be used to purchase drones, missiles, radar systems, and F-16 aircraft. Additionally, the US has approved roughly $8 billion for air and missile defense radar systems to Kuwait. Jordan will receive an additional $70.5 million to cover aircraft and munition support. The State Department stated that the proposed sale will support the foreign policy and national security objectives of the United States by improving the security of a major defense partner. The UAE is considered a force for political stability and economic progress in the Middle East. This arms deal comes amid ever-increasing tensions between the US and Iran. The administration of US President Donald Trump joined Israel in attacking Iran on February 28, prompting fears of a protracted regional conflict. The war has also caused energy prices around the world to surge. Iran has largely choked off tanker shipments through the Strait of Hormuz, a waterway through which a fifth of the world’s oil and gas travels. Gas prices in the United States have jumped from $3.10 per gallon ($0.82 per litre) on average this time last month to $3.88 ($1.02 per litre) on Thursday, according to the American Automobile Association (AAA). The principal contractors in Thursday’s proposed sales will include RTX Corporation, Northrop Grumman, and Lockheed Martin Corporation. Despite the deals, all three companies’ stocks are trending downward on Wall Street. The Pentagon is seeking more money to fund the war, with the US Department of Defense seeking an additional $200 billion, according to The Associated Press. Defense Secretary Pete Hegseth acknowledged that he was seeking a significant spending boost from Congress.
#United Arab Emirates #Kuwait #Jordan
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World Economy Mar 25, 2026

QatarEnergy Invokes Force Majeure on LNG Contracts Amid Iran Conflict

QatarEnergy has declared force majeure on some long-term LNG supply contracts due to production and…
QatarEnergy has invoked force majeure on certain long-term liquefied natural gas (LNG) supply contracts, impacting customers in Italy, Belgium, South Korea, and China. This decision comes as the company faces production and supply disruptions due to the ongoing conflict between the US, Israel, and Iran.The force majeure clause, commonly included in contracts, allows a party to be excused from its obligations under unforeseen circumstances. This is not an isolated incident, as petroleum companies in Kuwait and Bahrain have also recently invoked force majeure.The global energy market has been significantly affected since the US and Israel began their attacks on Iran on February 28. Iranian missile and drone strikes across the Middle East, particularly in the Gulf region, have targeted crucial oil and gas facilities. These actions have led to international condemnation and have essentially closed the Strait of Hormuz, a vital waterway through which approximately one-fifth of the world's oil and LNG supplies pass.QatarEnergy's CEO, Saad al-Kaabi, recently reported that an Iranian attack on Qatar's Ras Laffan gas facility resulted in the loss of about 17 percent of the country's LNG export capacity. This damage is expected to cause an estimated $20 billion in lost annual revenue and threatens supplies to Europe and Asia. The repairs are anticipated to sideline 12.8 million tonnes of LNG production per year for three to five years.The conflict escalated after the Israeli military targeted Iran's offshore South Pars gasfield, prompting Qatar and other Gulf countries to condemn the attacks on energy infrastructure. These actions are viewed as threats to global energy security and violate international law and the United Nations Charter.
#qatarenergy #lng #iran
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Technology Mar 25, 2026

NASA Shifts Focus to Lunar Surface Base and Nuclear-Powered Mars Spacecraft

NASA has announced a major overhaul of its moon and Mars strategy, committing $20bn to build a base…
NASA has unveiled a significant shift in its moon and Mars strategy, allocating $20bn over the next seven years to construct a base on the moon's surface. This move comes as part of a broader overhaul of NASA's long-term Moon-to-Mars strategy, aimed at supporting long-term human presence on the lunar surface.NASA Administrator Jared Isaacman outlined the changes, which include increasing robotic missions to the moon and laying the groundwork for nuclear power on the lunar surface. The agency plans to repurpose some components of the Lunar Gateway station for use on the moon's surface instead of building the station in lunar orbit.The planned moon base will be supported by robotic missions that will help prepare the site, test technologies, and begin building infrastructure before astronauts return later this decade. Additionally, NASA disclosed plans to launch a spacecraft called Space Reactor 1 Freedom before the end of 2028, a mission designed to demonstrate nuclear electric propulsion in deep space on the way to Mars.The spacecraft will deliver helicopters on Mars, similar to the Ingenuity robotic test helicopter that flew with NASA's Perseverance rover. This step aims to move nuclear propulsion technology from laboratory testing to operational space missions. The changes to NASA's flagship Artemis programme are reshaping billions of dollars' worth of contracts and come as the United States faces growing competition from China, which is aiming to land astronauts on the moon by 2030.
#nasa #moon #lunar
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