Share to Twitter Share to Linkedin Thursday, Florida Governor Ron DeSantis purged Tampa’s elected prosecutor, Andrew Warren. Warren had pledged not to prosecute people who seek and provide abortions. Warren had not actually had any such cases before him. DeSantis is, of course, vying for the Republican nomination for President in 2024. DeSantis has been taking shrill steps – Warren called this a “political stunt” - to woo the future primary voters, and to fundraise from those well off, with Trump views. Still, there is a real clash here. There are many blue enclaves in red states, like the Democratic cities in Republican Texas. Since the Supreme Court overruled Roe v. Wade there will be a new world of potential for prosecuting women or doctors or their helpers, even out-of-state helpers or organizations, for any part in abortions. It is entirely possible this is the first of many clashes between red state Governors and State Legislatures and … [Read more...] about DeSantis May Lose Suit By Tampa Prosecutor He Fired For Pro-Choice Stance
Share to Twitter Share to Linkedin Latin America is going bad – very bad. Many of the region's large economies have lurched toward leftist populism in recent years. With the election of former guerrilla leader Gustavo Petro to the presidency, Colombia seems to be another victim of the trend. But for such leftists, the big prize is still to be captured: Brazil. With almost half of South America's economy and population and bordering ten countries, what happens in Brazil is always relevant for the Americas and the world. The country's upcoming presidential election is a case in point. The two leading candidates, Luiz Inácio Lula da Silva and Jair Bolsonaro, both have plenty of detractors. Local and foreign media cover their campaigns and road to the election. There is seldom coverage of those who work outside the political party system to try to influence Brazil's future. I want to highlight some of them here. I will only focus on non-religious organizations … [Read more...] about Promoting The Free Economy In Brazil
Quek's Hong Leong Bank stake seen as attractive despite premium valuation - A + A Tan Sri Quek Leng Chan (Photo by Bloomberg) KUALA LUMPUR (Aug 10): Hong Leong Bank Bhd chairman Tan Sri Quek Leng Chan's reported attempt to pare down his controlling stake in the bank may not be an easy task, given the size of his shareholding and the premium valuation, whose share price is hovering near the historic high of RM21.20 it reached in May. Hong Leong Bank, with a market capitalisation of RM45.26 billion, is a screaming buy among analysts tracking the banking stock because of its attractive return-on-equity (ROE) and asset quality. There is not a single sell call on Hong Leong Bank. Nonetheless, this raises the question whether its rivals will pay a premium for it? Quek controls 62% of Hong Leong Bank via Hong Leong Financial Group Bhd (HLFG), which is way above the 10% limit that any individual is allowed to hold in a financial institution, according to the … [Read more...] about Hong Leong Bank seen as attractive but are there any buyers?